Vayyar’s industry-first in-cabin safety solution delivers multifunctionality on a single-chip platform, meeting numerous Euro NCAP standards

4D imaging radar platform enhances safety, reduces complexity, lowers risk and offers significant cost savings, bringing leading-edge safety within reach of all vehicle models

– Vayyar’s multifunctional single-sensor platform addresses most challenging Euro NCAP current and upcoming safety requirements, offering vehicles up to 10 in-cabin points while dramatically reducing complexity and costs

– Lifesaving single-sensor solution offers application combination («combo») of Child Presence Detection plus enhanced Seat Belt Reminders preventing…

4D imaging radar platform enhances safety, reduces complexity, lowers risk and offers significant cost savings, bringing leading-edge safety within reach of all vehicle models

– Vayyar’s multifunctional single-sensor platform addresses most challenging Euro NCAP current and upcoming safety requirements, offering vehicles up to 10 in-cabin points while dramatically reducing complexity and costs

– Lifesaving single-sensor solution offers application combination («combo») of Child Presence Detection plus enhanced Seat Belt Reminders preventing hot car incidents that have killed thousands of children worldwide, as well as deaths and injuries from failure to wear seat belts

– High-resolution 4D data enables OEMs and Tier 1s to independently develop multiple advanced safety and comfort applications over the platform, creating world’s safest in-cabin ecosystem

– One high-performance 4D imaging Radar-on-Chip covers entire cabin, reducing hardware, wiring and overall costs, while replacing seven in-car sensors

– Accompanying video is available on YouTube here

TEL AVIV, Israel, Feb. 2, 2021 /PRNewswire/ — Vayyar, the global leader in 4D imaging radar, is advancing its mission of protecting every life on the road with the auto industry’s first in-cabin safety «combo» solution. Powered by a single sensor, it’s designed to prevent both the «hot car» incidents that have claimed the lives of thousands of children as well as the countless deaths and injuries caused by vehicle occupants neglecting to wear seat belts. By providing OEMs and Tier 1s multifunctionality on a single-chip platform, Vayyar is ensuring affordable, leading-edge safety for all vehicles.

 

Vayyar's industry-first in-cabin safety solution delivers multifunctionality on a single-chip platform, meeting numerous Euro NCAP standards

 

As part of the global effort to improve in-car safety, Euro NCAP is introducing stricter scoring criteria across all protocols, starting in 2023. Child Presence Detection (CPD) will be worth up to four points, while the existing requirement for front and rear Seat Belt Reminders (SBR) will become a precondition for achieving three additional Occupant Status (OS) points. Vayyar’s solution enables vehicles to earn these crucial seven safety points, while enhancing user experience by minimizing false alarms.

Enhanced safety, however, usually demands more sensors, which come at a high price to automakers. Around 22 billion sensors are fitted in vehicles annually, with IHS Markit predicting a 40% increase in sensor-related costs from 2018 to 2030. On this trajectory, and in light of rapidly rising safety standards, a mainstream car will require around 200 sensors by 2030. Hardware, software, wiring, ECUs and integration efforts surrounding each sensor greatly increase complexity and costs, making high-end safety unattainable for economy vehicles.

Vayyar is enabling OEMs and Tier 1s to overcome this challenge with the industry’s first in-cabin safety solution that delivers multifunctionality on a single-chip platform. It has developed a cost-efficient sensor that’s as affordable as low-end alternatives, production-ready and designed to enable maximum in-car safety points for all vehicles.

Powered by a single Radar-on-Chip (RoC), Vayyar’s application-ready «combo» features CPD and enhanced SBR, addressing multiple Euro NCAP 2023 requirements with just one sensor. It replaces numerous existing in-car sensors, covering a full vehicle cabin and detecting and classifying all occupants. The combo solution operates effectively in all lighting conditions without requiring line of sight and can even detect a baby in a car seat sleeping under a blanket or a child in a footwell. Unlike cameras, the sensor also maintains user privacy at all times.

The application combo is made possible by the platform’s large antenna array and ultra-wide field of view. The sensor’s 48 transceivers offer unprecedented high resolution for rich occupant detection and classification – in sharp contrast to what alternatives offer. Thanks to its field of view, the sensor, which is also simple to fit within a vehicle’s headlining, can be installed in various locations, accommodating both five- and seven-seaters, as well as sunroof-equipped models. Vayyar’s sensor delivers an entirely new level of safety, with the ability to differentiate between people and objects, and children and adults, as well as determine whether a passenger is in/out of position.

Beyond its CPD + SBR combo, the end-to-end software-hardware platform also enables OEMs and Tier 1s to seamlessly develop multiple advanced applications independently over its point cloud layer. These include Occupant Status (OS), optimised airbag deployment and dynamic disabling, seat belt pre-tensioning, eCall, vital signs, gesture recognition, out-of-position detection, intruder detection and more.

Just one Vayyar sensor ensures a shorter time to market, reduces the number of future SOP programs, yields substantial savings and lowers risks associated with scheduling, budget and performance. The fully validated, automotive-grade (AEC-Q100 qualified and ASIL-B compliant) sensor also grants automakers the flexibility to meet evolving standards. These can be introduced early in the development cycle, or, in an industry first, at a later date via over-the-air (OTA) updates, ensuring future-proof deployments.

«Now more than ever, safety is top-of-mind right across the industry. That’s why automakers are reassessing many traditional approaches, like using dozens of single-function sensors to support key safety applications. Multifunctionality on a single-chip platform is a new paradigm that’s ready to redefine how people think of the in-cabin ecosystem,» said Ian Podkamien, Head of Automotive at Vayyar. «We’re proud to offer first-rate safety for less cost to all vehicles, including entry-level models.»

As automakers strive to protect motorists and their passengers, multifunctionality on a single-chip platform is the most effective way to ensure higher levels of safety. Vayyar’s affordable solution adds value and cuts complexity and costs, making it the driving force of next-generation automotive safety.

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Electric Vehicle Charging Station Market worth 30,758 thousand units by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 2, 2021 /PRNewswire/ — According to the new market research report «Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3, By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC…

CHICAGO, Feb. 2, 2021 /PRNewswire/ — According to the new market research report «Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3, By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC fast Charging (Fast & Ultra-fast) – Global Forecast to 2027″, published by MarketsandMarkets™, the global Electric Vehicle Charging Station Market size is projected to grow from 2,115 thousand units in 2020 to reach 30,758 thousand units by 2027, at a CAGR of 46.6%.

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Factors such as growing demand for energy-efficient commuting and governments supporting electric vehicles through subsidies & tax rebates have led to automakers adopting to electric vehicles and growth of electric vehicle charging stations market.

Growing concerns over increased pollution by the automotive industry is the prime reason government bodies are promoting electric vehicles over conventional ones. They have recognized the need for promoting energy-efficient vehicles to reduce the increasing pollution. To attract and encourage people to buy electric vehicles and electric vehicle charging stations, government bodies of different countries are introducing lucrative schemes and incentives that include formidable discounts, lower electricity cost for charging, lower set-up cost of EV chargers, subsidies for setting up EV chargers which in some countries may go upto 1/3rd of setup cost.

Asia Pacific is expected to be the largest market in the forecast

The region is home to some of the fastest-developing economies of the world such as China and India. The governments of these emerging economies have recognized the growth potential of the global Electric Vehicle Charging Station Market and, hence, have adopted various initiatives to attract major OEMs for the manufacture of electric vehicle charging infrastructure in domestic markets. For instance, charging network providers for EV charging stations have partnered with various OEMs to sponsor free EV charging to EV drivers. This has led to an increase in electric vehicle production in recent years, which caters to domestic as well as overseas demand. Japan and China export electric vehicles and supply equipment solutions across the globe.

Europe is expected to be the second-largest market during the forecast

The Electric Vehicle Charging Station Market in Europe is projected to be the second-largest during the forecast period. The European Electric Vehicle Charging Station Market is expected to grow at a high rate with countries such as Netherlands, Sweden, Switzerland, Austria, Denmark, Germany, and the UK leading the trend of faster adoption of EV charging infrastructure during the forecast period. Currently, countries such as Netherlands, Germany, France, UK, and Norway are most EV-ready countries in Europe. By the end of the forecast period, Netherlands, Germany, and the UK are expected to move towards the goal of phasing out fossil fuel vehicles as planned by these European countries.

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The Super Charger segment is expected to be the fastest growing segment in the forecast

Currently, the Asia Pacific region has the highest number of super chargers in the world, while Europe has the second-highest. This is because fast charging is preferred for daily use in the Asia Pacific region. The super chargers segment is projected to grow at a high rate in all three regions, but majorly in the North American region due to the high-projected usage of EVs in the US. In the European region, super chargers are majorly used in countries such as Norway, Netherlands, UK, etc. In the Asia Pacific, super chargers are majorly used in China and to a lower extent in Japan, South Korea, etc. Various countries have announced plans for significant expansions of EV charging stations of both types during the next five to ten years. In North America, various companies are collaborating with various states to speed up the development of super charging infrastructure. During the forecast period, super chargers are expected to grow at the highest rate in the Asia Pacific region and the second-highest in the North American region.

The global Electric Vehicle Charging Station Market is dominated by major players such as ChargePoint (US), Shell(The Netherlands), Blink Charging(US), BYD(China), and Tesla(US). These companies offer extensive products and solutions for the electric vehicle charging stations industry and have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

Browse Related Reports:

Electric Vehicle Market by Vehicle (Passenger Cars & Commercial Vehicles), Vehicle Class (Mid-priced & Luxury), Propulsion (BEV, PHEV & FCEV), EV Sales (OEMs/Models) Charging Station (Normal & Super) & Region – Global Forecast to 2030

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

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New Price Compare Site Tripindicator.com Helps Find the Best Value Family Days Out in 2021

The world almost came to a complete standstill last year, as a result, everyone looked in the mirror to reflect on how one can travel safely and responsibly in the new year 2021

LONDON, Feb. 2, 2021 /PRNewswire/ — A recent travel sentiment survey conducted by Generali Global Assistance shows that nearly 56% of the respondent dream of going on a vacation and are planning to travel this year, the future of travel is starting to look hopeful. Indeed, there is a significant growth in holiday…

The world almost came to a complete standstill last year, as a result, everyone looked in the mirror to reflect on how one can travel safely and responsibly in the new year 2021

LONDON, Feb. 2, 2021 /PRNewswire/ — A recent travel sentiment survey conducted by Generali Global Assistance shows that nearly 56% of the respondent dream of going on a vacation and are planning to travel this year, the future of travel is starting to look hopeful. Indeed, there is a significant growth in holiday bookings for this year’s Easter and summer seasons.

Across the world, cultural attractions, history excursions, themed sightseeing tours, wine sampling tours, kids’ events, and family outdoor activities are adopting precautions to combat the spread of COVID-19. Such measures include limiting the number of guests to comply with social distancing rules. While it helps control the virus, it can also cause prices to spike up. Now the challenge is finding the right sightseeing tours and family days out that have the best value.

Tripindicator.com is a new price comparison website that provides families, tourists, day-trippers, and holidaymakers with a wide range of options for great trips that meet all budgets. The aim to help travellers plan for a hassle-free and enjoyable trip while staying safe during this time of the pandemic.

The price is right – and right at customers’ fingertips

Cash-conscious families, tourists and holidaymakers can discover the best value sightseeing and days out throughout the world destination with new travel comparison website Tripindicator.com

  • First ever dedicated price comparison website for city attractions and skip the line sightseeing tours, cruise tours, kids’ activities, outdoor activities, wine day trips in the UK, Europe, US, Asia, Middle East and global tourist hotspots
  • In conjunction with world’s leading activities suppliers like Viator, Tiqets, Ticketbar, GetYourGuide, Civitatis, Klook, CitySightseeing and Manawa
  • This brand new site is incredibly user friendly and features over 20 trip categories to help visitors find what they’re looking for quickly and easily
  • Aims to give an economic boost to beleaguered tourist industry

Tripindicator.com is committed to saving time and money by offering consumers a quick and easy way to find fun all it takes is a few clicks to find the perfect Easter or summer activities for singles, couples and families.

A different kind of comparison site

Unlike other price comparison sites which focus only on flights, hotels and car hire, Tripindicator.com is the first price comparison website offering consumers a way to find the best-priced family day out activities without trawling through different websites or spend hours on hold to find the best Easter activities at the best price.

Tripindicator.com covers a more than 20 categories of fun options from city attractions, theatre shows and concerts, private skip the line museum tours, hop on hop off tours, city cruise tours to cultural sightseeing walking tours, ghost and vampires tours, kids’ outdoor activities, water sports adventure, private day trips, a variety of tours on foot, bike or other means, plus a vast array of activities.

It also offers a very handy ‘comparison’ guide for destinations or day-out activities – such as skip the line attractions or sightseeing tours – so travellers can make the perfect choice and fantastic savings on day-out activities.

About Tripindicator.com

Launched by Reddy Yattapu of London-based Smooth Move Consultancy, Tripindicator.com is the first ever comparison site for day trips and tourist attractions. Quick, easy, user friendly, and free to use, Tripindicator.com provides price comparisons on thousands of trips and activities at the click of a button.

Founder, Reddy, says:

«There are lots of websites for flights, hotels and car rentals comparison but not one which enables families and tourists to compare ticket prices of sightseeing tours and attractions.

«Families and tourists can spend a small fortune organising days out and activities when on holiday or travelling and this is a very easy way for them to find the best value.

«This really will make a difference to those holiday budgets, while attractions will also feel the benefit with increased footfall. This really should be a boost for everyone.

«Tripindicator have brought all this together by comparing the leading websites and will be adding more as Tripindicator.com is committed to providing travellers with the best sightseeing tours and attractions tickets comparison site.

«We’re hoping that this will provide a boost to everyone; consumers and businesses alike.»

Tripindicator.com also provides price comparisons for airport transfers, car hire via economy bookings and accommodation via booking.com. It also has practical information including guides to the best airport to fly to global destinations and terminal guides to 165 airports.

Tripindicator.com is mobile friendly and plans for an app are in development.

Company contact:
Contact Name: Reddy Yattapu
Email: contact@tripindicator.com
Website: https://www.tripindicator.com

Fleet electrification set to accelerate the decarbonization agenda with significant upside for the fastest movers

Evolution in transport at inflection point, promising huge environmental benefits

Industry players optimistic about collaborating to turn eMobility into a commercial reality

Transitioning fleet first will accelerate the electrification and decarbonization agendas 

LONDON, Feb. 2, 2021 /PRNewswire/ — There is huge momentum behind the electrification of transport and while the environmental benefits are clear, there are also significant commercial rewards for the fastest movers…

Evolution in transport at inflection point, promising huge environmental benefits

Industry players optimistic about collaborating to turn eMobility into a commercial reality

Transitioning fleet first will accelerate the electrification and decarbonization agendas 

LONDON, Feb. 2, 2021 /PRNewswire/ — There is huge momentum behind the electrification of transport and while the environmental benefits are clear, there are also significant commercial rewards for the fastest movers in the evolving electric mobility (eMobility) ecosystem. A new study from EY and Eurelectric, Accelerating fleet electrification in Europe: When does reinventing the wheel make perfect sense?, concludes that fleet electrification should lead the way and will make the biggest and fastest contribution to the decarbonization of road transport.

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The study includes analysis from discussions with industry leaders across automotive, utility, oil and gas, battery manufacture, fleet management, leasing and charging infrastructure businesses. It collates insights and opinions, identifying key value pools and actions to accelerate and build out eMobility solutions at scale.

Serge Colle, EY Global Power & Utilities Leader, says:

«Electrifying transport is critical for Europe to meet its tough emissions targets and create a decarbonized future. Transitioning fleet first will pave the way and generate new commercial opportunities, including vehicle-to-grid and electric vehicle charging solutions among others. In order to achieve this, a fleet-centric approach is needed across both government and industry, which aims to remove barriers in areas including common standards and investment. Winning customers’ hearts and minds through a greater choice of vehicles and a seamless charging experience is also essential. However, no one sector can drive the transition alone – collaboration between all players in the eMobility ecosystem is critical to achieve success.»

eMobility nears inflection point

Regulatory pressure has increased for road vehicles, with new carbon dioxide (CO2) emissions standards for automakers coming into effect across Europe. Meanwhile COVID-19 economic recovery packages largely focus on carbon-neutral and renewable energy solutions, that together have favored the shift to eMobility.

According to the study, in the 11 months to November 2020, a landmark one million vehicle sales in Europe were either pure electric or hybrid models – accounting for one in every 10 passenger cars sold. This is a significant turning point in moving toward achieving 30%–40% electric vehicle (EV) sales volume by 2030, putting Europe’s carbon-reduction targets within reach.

Kristian Ruby, Eurelectric Secretary General, says:

«We stand right at the knee of an exponential curve. In the next several years we will experience a turbo evolution in the transport sector. The study shows that electrifying vehicle fleets can create massive benefits both for fleet owners and society at large. Aligning the policy ambitions and commercial opportunities is therefore a must. Targeted policies to push additional demand for electric vehichles as well as a smart strategy for charging infrastructure roll-out will be critical to success.»

The need for speed

How soon countries decarbonize will determine climate, health and environmental outcomes for decades to come. According to the study, transport emissions have been rising for the last 3 years, and a 65% reduction, or 10% year-on-year saving, is needed to achieve Europe’s targeted 55% reduction, compared with 1990 levels.

The study identifies that in order to achieve this ambition, accelerating the transition to fleet electrification is essential. To enable this, policy goals need to align with commercial opportunities around cohesive regulation; new funding models for public and private charging infrastructure; a fresh focus on the end-to-end supply chain; improving consumer confidence by boosting physical infrastructure; and a seamless digital interface from vehicle to grid.  

The fleet sector must electrify first

Europe’s fleet sector, though relatively small at 63m vehicles (20% of Europe’s total vehicle parc), is disproportionately damaging to the environment according to the study. It accounts for more than 40% of total km traveled and half of total emissions from road transport in Europe. In addition, the lessons learned from accelerating fleet electrification such as the development of sustainable business models that support charging infrastructure investment and integration of smart charging capability, will enable the wider secondary and passenger vehicle market to transition quicker. It therefore makes for the biggest and most impactful test case.

  • The study highlights four key drivers that will support a fleet first transition:Fleets will have to switch to alternative vehicle types over time as CO2 emissions standards restrict non-EV sales.
  • Polluting fleet vehicles are banned from more than 300 major European cities and towns that operate low-emission zones. The alternative is to pay a penalty or switch to EVs.
  • Fleet vehicles tend to travel regular routes and cover a fairly consistent daily distance. They have fixed destinations and stopovers, which can be combined with charging.
  • The total cost of ownership of EVs is fast reaching par with internal combustion engine vehicles. Incentives and grants can bridge the gap, while reduced servicing and maintenance, as well as significant fuel savings, make the economic case for fleet electrification.

An emerging eMobility ecosystem

As with other sectors in transformation, a supporting ecosystem has begun to develop to accelerate the eMobility transition. It includes innovative customer solutions and value-added propositions to propel eMobility into mainstream adoption. For example, energy providers are already forming partnerships with charge point operators and leasing companies, and automakers are teaming-up with utilities and setting up their own captive leasing businesses.

Combinations of new and established players are working collaboratively to earn customers’ trust and enhance their overall experience of eMobility. The study states that significant gains are possible for the earliest adopters.The study also identifies opportunities within the eMobility ecosystem, including network management; EV power and charging solutions; fleet management; vehicle and battery management; battery end-of-life solutions; financing; and data management.

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Zero Emission Vehicle Market is expected to grow at the 19.2% CAGR during 2021- 2027, says Brandessence Market Research

PUNE, India, Feb. 1, 2021 /PRNewswire/ — Zero Emission Vehicle Industry is expected to register over 19.2% CAGR between 2021 and 2027. Increasing awareness regarding environmental pollution & supportive government policies to promote electric vehicles globally are anticipated to drive the growth of Global Zero Emission Vehicle Market.

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PUNE, India, Feb. 1, 2021 /PRNewswire/ — Zero Emission Vehicle Industry is expected to register over 19.2% CAGR between 2021 and 2027. Increasing awareness regarding environmental pollution & supportive government policies to promote electric vehicles globally are anticipated to drive the growth of Global Zero Emission Vehicle Market.

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Key Players for Global Zero Emission Vehicle Market Report: Some major key players for global Zero Emission Vehicle Industry are Hyundai, BMW, Chevrolet, Toyota, Nissan, Volkswagen, Mercedes-Benz, Tesla, BYD, Kia, Fiat, Tata Motors, Honda Motor and others.

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Zero emission vehicles (ZEV) are the vehicles which don’t emit pollutants in its exhaust gas from source of power. The vehicles uses different type of source of power such as gasoline, diesel, CNG, etc. which emits different types of pollutant from its tailpipe i.e. particulates, carbon monoxide, hydrocarbons and etc. The pollutants released from gasoline powered vehicles leads to various health problems such as COPD, asthma & environmental problems like global warming.

The ZEV is a solution to these problems as it emits no pollutants as exhaust gas, & it uses the renewable energy sources for powering up like solar which would make less dependence on fossil fuel. The reduction in the pollutants in environment leads to cleaner air & less health problem like COPD. The developed economies spend approx 18% of GDP on healthcare every year which would save a lot of money & many lives which could be used to fight hunger, education etc. The ZEV would be an impressive saving on fuel & maintenance cost which would approximately half of gasoline vehicle, and it would help nature to grow with reduced global warming to some extent.

Global zero emission vehicle (ZEV) market report is segmented on the basis of vehicle type, application, and region & country level. Based upon vehicle type, global zero emission vehicles (ZEV) market is classified battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV) and fuel cell electric vehicles (FCEV). Based upon application, global zero emission vehicles (ZEV) market is divided into commercial and passenger vehicle.

Global Zero Emission Vehicle (ZEV) Market Segmentation:

By Vehicle type: Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), Fuel Cell Electric Vehicles (FCEV)

By Application: Commercial Vehicles, Passenger Vehicles

During Covid-19 pandemic, the automotive market got hit hard by lockdown & reduced purchasing power of individuals. At the height of the crisis, over 90 percent of the factories in China, Europe, and North America closed. With the stock market and vehicle sales plummeting, automakers and suppliers have laid off workers or relied on public intervention. These factors have resulted in a slow growth in the global zero emission vehicles (ZEV) market.

News: Mercedes Benz Announced its Electric Car with 426 km range named EQA 250.

January 21st, 2021; The Mercedes Benz announced its zero-emission version of GLA, an electric SUV. The EV uses the body of GLA as basis, with some changes which gives car a unique appearance like reshaped headlight with full LED lamps as standard. It offers AMG line trim which provide sportier front and back bumper & signature of double lourve grille. It is powered by single motor electric train which delivers power of 188 HP and 375 Nm torque with 66.6kWh Lithium- ion battery with range of 426 km and top speed of 160 km/h.

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Increasing Awareness Regarding Environmental Issues Caused by Vehicles is One of the Major Factors Driving the Growth of Global Zero Emission Vehicle (ZEV) Market.

Increasing number of government schemes/incentive along with charging facilities for individual in niche market segment may create more opportunities for the further growth of the market.

The major factor driving the growth of global zero emission vehicle (ZEV) market is the growing awareness about environmental issues caused by vehicles. The environmental problems like air pollution, global warming, increasing carbon footprint, etc. are caused by automotive exhaust gases which lead to environmental & health problems like respiratory issue and etc. And shifting to ZEV will provide better health & sustainable environment for future generations. In addition, the low fuel & maintenance cost will lead to more saving. The maintenance cost & fuel is almost half the for ZEV than compared to gasoline powered vehicle as it uses electricity as power source and required low maintenance and no oil use, only electric motor is employed. Furthermore, the schemes, policies & incentives provided by government to promote EVs will also enhance the growth of ZEV market.

Asia-Pacific is Anticipated to Witness a Fastest Growth in the Global Zero Emission Vehicle (ZEV) Market

The global zero emission (ZEV) market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. Asia-Pacific is expected to witness a fastest growth in the global zero emission vehicle (ZEV) market within the forecast period due to the increasing disposable income and growing awareness regarding environmental issues in this region.

According to International Energy Agency, China accounts for 45% of EVs on road of the world which is 2.3 million. In addition, the number of schemes and incentives are provided by government to promote the growth of ZEV vehicles. Europe is anticipated to show a significant growth in the global zero emission vehicle market due to supportive government policies to address the environmental issues. According to International Energy Agency; the Europe accounts for 24% of EVs on road of the world.

The regions covered in Global Zero Emission Vehicle Market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global Zero Emission Vehicles sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (UAE, Egypt, Saudi Arabia) GCC, Africa, etc.

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Have a Look at Related Reports,

  1. Electrical Vehicle Battery Rental Or Lease Market By Rental Options (Pay As You Drive, Unlimited Mileage), By Vehicle Type (New Vehicles, Used Vehicles), Industry Analysis, Trends, And Forecast to 2027, Read More: https://brandessenceresearch.com/energy-mining/electrical-vehicle-battery-rental-or-lease-market
  2. Electric Vehicle Battery Management System Market By Product Type (Synchronous Motor, Asynchronous Motor), By Application (Passenger Vehicle, Commercial Vehicle), Industry Analysis, Trends, And Forecast 2021-2027, Read More: https://brandessenceresearch.com/automotive-transport/electric-vehicle-battery-management-system-market
  3. Electric Vehicle Charging Station Market is segmented in by installation type, supply type, connector type and by region. By installation type, the global electric vehicle charging station market is segmented as home charging stations and public charging stations. Read More: https://brandessenceresearch.com/automotive-and-transport/electric-vehicle-charging-station-market-share
  4. On-Board Charger Market is valued at USD 1800.83 Million in 2020 and expected to reach USD 6001.91 Million by 2027 with the CAGR of 15.80% over the forecast period.
  5. Hydrogen Fuel Cell Vehicle Market By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Fuel Cell Technology Type (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cells, Others), Industry Analysis, Trends, and Forecast 2021 – 2027

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Europe Electric Vehicle Market to Hit $143.08 Bn, by 2027, at 25.4% CAGR: Allied Market Research

Surge in demand for high-performance, fuel-efficient, and low-emission vehicles along with strict government regulations about vehicle emission fuel the growth of the Europe electric vehicle market.

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by…

Surge in demand for high-performance, fuel-efficient, and low-emission vehicles along with strict government regulations about vehicle emission fuel the growth of the Europe electric vehicle market.

PORTLAND, Ore., Feb. 1, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Europe Electric Vehicle Market by Type (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Mild Hybrid Electric Vehicle (MHEV), and Extended Range Electric Vehicle (E-REV)), and Vehicle Type (Passenger Cars and Commercial Vehicles): Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the Europe electric vehicle industry was estimated at $25.48 billion in 2019 and is anticipated to hit $143.08 billion by 2027, registering a CAGR of 25.4% from 2020 to 2027.

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Drivers, restraints, and opportunities-

Rise in demand for fuel-efficient, high-performance, and low-emission vehicles and stringent government rules & regulations toward vehicle emission drive the growth of the Europe electric vehicle market. On the other hand, high manufacturing cost and insufficient electric vehicle charging infrastructure in Europe impede the growth to some extent. However, proactive government initiatives and technological advancements are expected to create lucrative opportunities in the industry.

COVID-19 scenario-

  • The outbreak of the pandemic led to shut down of several manufacturing units across the continent, which in turn affected the Europe electric vehicle market. Also, unavailability of skilled labor force impacted the market negatively.
  • However, as most of the countries in the region have come up with relaxations on the existing protocols, the market is anticipated to recoup soon.

Get detailed COVID-19 impact analysis on the Europe Electric Vehicle Market Request Here!

The BEV segment to maintain the dominant share-

Based on type, the BEV segment contributed to more than three-fifths of the Europe electric vehicle market share in 2019, and is projected to rule the roost by the end of 2027. This is attributed to advantages such as changing perception toward the adoption of electric vehicles. The HEV segment, on the other hand, would register the fastest CAGR of 32.9% during the forecast period. The electric power train system present in hybrid electric vehicles is used to enhance fuel efficiency and to improve performance as compared to internal combustion vehicles. This factors propels the segment growth.

The passenger cars segment to dominate by 2027-

Based on vehicle type, the passenger cars segment accounted for more than four-fifths of the Europe electric vehicle market revenue in 2019, and is anticipated to lead the trail by 2027. Developments carried out by different vehicle manufacturers related to electric vehicles drive the growth of the segment. Simultaneously, the commercial vehicles segment would manifest the fastest CAGR of 29.2% throughout the forecast period. Increased demand for zero-emission vehicles propels the segment growth.

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Germany garnered the major share in 2019 –

Based on region, Germany garnered the major share in 2019, holding nearly one-fifth of the Europe electric vehicle market, due to rise in government initiatives to promote electric vehicles in the region. Simultaneously, Portugal would exhibit the fastest CAGR of 34.9% from 2020 to 2027, owing to the rise in disposable income and increasing environment concerns to reduce the pollution.

Key players in the industry-

  • Renault
  • Tesla
  • Mitsubishi
  • Nissan
  • BMW
  • Audi
  • Hyundai
  • Volvo
  • Volkswagen
  • Peugeot

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Electric Vehicle Market by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), and Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Class (Mid-Priced and Luxury), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027.

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Off-Highway Electric Vehicle Market by Type (BEV, HEV and PHEV), Application (Electric Motor Batteries, Charging Stations and Durability) and Industry Vertical (Oil & Gas, Energy & Power, Automotive, Eco-friendly and Healthcare): Opportunity Analysis and Industry Forecast, 2020–2027.

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Johnson Matthey and Envision Virgin Racing announce multi year strategic partnership

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner,…

  • JM, a global leader in sustainable technologies to form technology collaboration with carbon neutral Formula E team
  • Co-development of the first ever two-seater electric race car powered using JM’s eLNO® battery cathode materials
  • Multi year sponsorship of the Envision Virgin Racing team in Formula E – the world’s first fully electric race series
  • Major step in the commercialisation of eLNO, showcasing JM’s cathode material technology in action.
  • Partnership to share vision for cleaner, healthier world through the team’s ‘Race Against Climate Change’ initiative

LONDON, Feb. 1, 2021 /PRNewswire/ — Johnson Matthey (JM), a global leader in sustainable technologies, has taken another major step in its plans to commercialise eLNO, its family of nickel rich advanced cathode materials, by entering into a strategic partnership with Formula E team Envision Virgin Racing. The collaboration will see JM and Envision Virgin Racing combine next generation cathode materials with leading battery technology to create the first ever electric two-seater Formula E style race car, powered by eLNO.

The concept vehicle will showcase eLNO in action and will act as a test bed, providing valuable experience of a challenging automotive application that will inform the continuous development of eLNO as a high performance, customisable material for passenger cars. The multi year partnership will also see JM sponsor the racing team’s participation in the ABB FIA Formula E World Championship. 

Formula E is the ultimate showcase for e-mobility, using only high performance battery electric vehicles in its races. Envision Virgin Racing’s mission is to energise the ‘Race Against Climate Change’, focusing on accelerating the transition to renewable energy and mass adoption of e-mobility. A founding team of the ABB FIA World Championship, Envision Virgin Racing is the only current Formula E racing team to be certified carbon neutral (PAS 2060).  They have also partnered with the UK Government’s ‘Together for Our Planet’ campaign to encourage global action against climate change ahead of the COP26 Climate Change Conference. Envision Virgin Racing is owned by Envision Group, who has pioneered innovation work in areas such as smart wind technology, battery development and AIoT infrastructure.

Commenting on the partnership, CEO of Envision Group and Executive Chairman of Envision AESC, Lei Zhang said: «Envision Group, Envision Virgin Racing and Johnson Matthey are all at the forefront of the EV revolution, so I am delighted to be collaborating with them. As a global leader in sustainable technologies, JM’s vision aligns perfectly with the net zero values of Envision, and I look forward to working together to tackle climate change before it is too late.»

Commenting, Chief Executive of Johnson Matthey, Robert MacLeod said: «Our vision is for a world that’s cleaner and healthier, so we are delighted to be working together with Envision Virgin Racing and its owners Envision Group as we both share an ambition to create a sustainable future. We’re really excited to create the first electric race car using eLNO technology – which is a major milestone in its commercialisation – and also to join the team’s ‘Race Against Climate Change’ initiative and its goals of inspiring generations to take action to protect the planet.» 

About Johnson Matthey:

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers’ products and in 2020 we received the London Stock Exchange’s Green Economy Mark, given to companies that derive more than 50% of revenues from environmental solutions. Our science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us. Johnson Matthey is a member of the Global Battery Alliance and supports the GBA’s ten principles for a sustainable battery value chain.   

For more information, visit www.matthey.com  

Inspiring science, enhancing life

eLNO is a trademark of Johnson Matthey Public Limited Company

About Envision Virgin Racing:

Owned by Envision Group, the Envision Virgin Racing Formula E Team is one of the founding and most successful outfits in the ABB FIA Formula E World Championship – the innovative electric street racing series.

The purpose-driven team has sustainability running throughout its DNA and exists for one simple purpose; to use its platform to inspire generations to tackle climate change and transition to e-mobility and renewable energy. It does this through its long-running ‘Race Against Climate Change’ programme and prides itself on being the ‘greenest team on the greenest grid’, being the first and only carbon neutral certified team (PAS 2060), one of a handful to have achieved the FIA’s Three Star Sustainability Accreditation, and the first to sign up to the UNFCCC Sports for Climate Action Framework. It is also a partner of the biggest climate event, the UN’s COP26 ‘Together for our Planet’ summit taking place in the UK in November.

On-track, the team continues to be one of the most successful ever with 11 wins and 29 podiums to its name and remains the only team to have recorded victories in every season to date. For the 2020/21 Formula E season, Envision Virgin Racing will see Dutchman Robin Frijns complete his third season with the team alongside newcomer New Zealand driver Nick Cassidy. Overseeing operations at the team’s commercial headquarters in London is Managing Director Sylvain Filippi, who has been with the team since day one, together with Team & Sporting Director Leon Price and Technical Director Chris Gorne based at the team’s operational arm at its state-of-the-art facilities at Silverstone. Meanwhile, Envision Group’s Franz Jung continues his role as Chairman of the Board.

For further information visit www.envisionvirginracing.com  

 

Tesla in India: Boost in a Country with Low Appetite for Electric Cars, Reports IDTechEx

BOSTON, Jan. 29, 2021 /PRNewswire/ — Tesla has plans to enter a new market: India. This story has unfolded only one way so far. Tesla decides to enter a new market and quickly becomes the top-selling EV maker by leveraging its powerful brand and class-leading technology at a competitive price: China, South Korea, the UK, the Netherlands, and <span…

BOSTON, Jan. 29, 2021 /PRNewswire/ — Tesla has plans to enter a new market: India. This story has unfolded only one way so far. Tesla decides to enter a new market and quickly becomes the top-selling EV maker by leveraging its powerful brand and class-leading technology at a competitive price: China, South Korea, the UK, the Netherlands, and Norway, to name a few countries which have been conquered so far. But will it be so easy in India?

Plug-in refers to battery-electric + plug-in hybrid vehicles; 2020 figures are estimated by IDTechEx. Data sources: SIAM, SMEV, IDTechEx

The trouble is India currently does not have much of an appetite for electric cars, at least in the current situation. In fact, this stretches to cars in general. While it is true that India has one of the largest auto markets in the world – it is fifth behind China, the US, Europe & Japan – and peaked at 3.3 million vehicle sales in 2018 (before the anticipation of new emissions regulation in 2020 sparked a short-term decline), taking a look at vehicles in-use per capita tells a different story.

The new IDTechEx report «Electric Vehicles in India 2021-2041» finds that roughly 26 cars are in-use per 1000 people in India; this compares with 700–800 for the US and Europe and 200 for China, the world’s largest auto market. In contrast, looking at two-wheelers, India is the largest motorcycle market in the world and has around 170 motorcycles per 1000 people: clearly, motorcycles are the current mobility preference. The main reason behind this disparity is the price, as popular motorcycles are typically sold between $700$2000 in India, compared to the average car being north of $10,000.

As is well known, the largest barrier to the adoption of electric vehicles is the higher upfront price, which is, therefore, an even higher barrier in India. The result is India’s plug-in electric car market has never truly taken off and is currently fluctuating between 2000 and 4000 sales yearly, compared to 1 million sales from China in 2020. Looking at the models available on the Indian market, low-priced offerings (under $20k) are still well above the average car price and have less than 150 miles of range, for example, the Mahindra e-Verito or Tata Tigor, making them unattractive as well as unaffordable. The other issue is charging infrastructure, where deployment is also very low in the country. Market entry of Tesla in 2021, unfortunately, does not solve these core problems, at least in the short term.

Moreover, the government’s FAME-II policy does not subsidize private electric cars – only commercial ones – reflecting how the focus of electrification in India is still very much in the realm of micro-mobility (two and three wheelers), which are much easier to electrify and can use standard electrical outlets to charge removable batteries.

To learn more about IDTechEx’s long-term forecast for electric cars in India, the new report «Electric Vehicles in India 2021–2041″ (www.IDTechEx.com/IndiaEV) addresses and forecasts electric two-wheelers, electric three-wheelers (e-rickshaws), electric cars and electric buses in the country, revealing the massive potential and opportunity from one of the world’s largest and fastest-growing economies. The report further explores key technology trends unique to India, such as the transition away from Lead-acid batteries, Li-ion chemistry choices for 45-degree midday heat, the importance of local battery production and the country’s reliance on permanent magnet motors from China.

This research forms part of the broader electric vehicle and energy storage portfolio from IDTechEx, who track the adoption of electric vehicles, battery trends, and demand across land, sea and air, helping you navigate whatever may be ahead. Find out more at www.IDTechEx.com/Research/EV.

About IDTechEx

IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.

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TI Fluid Systems Launches Innovative HEV Plastic Fuel Tank Technology With Volkswagen

AUBURN HILLS, Mich., Jan. 29, 2021 /PRNewswire/ — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid electric vehicle (HEV) vehicle. This plastic fuel tank recently launched in volume production with Volkswagen China on the Passat and Magotan Plug-in Hybrid Electric Vehicle (PHEV) models, with a planned adoption…

AUBURN HILLS, Mich., Jan. 29, 2021 /PRNewswire/ — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid electric vehicle (HEV) vehicle. This plastic fuel tank recently launched in volume production with Volkswagen China on the Passat and Magotan Plug-in Hybrid Electric Vehicle (PHEV) models, with a planned adoption across a wider range of global platforms.

This innovative technology represents the culmination of extensive design and collaborative development, including rigorous testing and vehicle evaluations by VW and TIFS development teams across China and Europe. Traditionally, conventional fuel tanks operate at atmospheric pressure, however, the new generation HEV models are expected to resist cyclic pressure up to 400 mbar when in certain full electric driving modes. To resist in-tank pressure, the new design solution introduces over-molded ball pins with snap-fit column structures that use TIFS’s patented split parison blow molding manufacturing process. TIFS has confirmed that the technology release provides a light-weight plastic solution for HEVs that overcomes the disadvantages of competitor internal tank welded structures.

«TIFS’s strategic initiatives to address new growth within the electrification mega-trend includes supporting all vehicle types with innovative product solutions. This includes global HEV platforms. Our innovative plastic fuel tank technology allows OEMs to tune the HEV performance driving cycle for optimum EV efficiency and performance,» stated Bill Kozyra, President and CEO.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

Increased Demand Avenues from Automotive Sector Fuel Expansion of Noble Ferroalloys Market: TMR

–  Global noble ferroalloys market is likely to gather promising demand opportunities during assessment period of 2019 to 2027. This growth can be attributed to increased use of ferroalloys in automotive sector

– On regional front, Asia Pacific noble ferroalloys market is likely to show promising expansion avenues in the forthcoming years

ALBANY, N.Y., Jan. 29, 2021 /PRNewswire/ — Noble ferroalloys find wide application in the…

–  Global noble ferroalloys market is likely to gather promising demand opportunities during assessment period of 2019 to 2027. This growth can be attributed to increased use of ferroalloys in automotive sector

– On regional front, Asia Pacific noble ferroalloys market is likely to show promising expansion avenues in the forthcoming years

ALBANY, N.Y., Jan. 29, 2021 /PRNewswire/ — Noble ferroalloys find wide application in the production of superalloys, steel, and stainless steel. Thus, the steel industry uses almost 80% of the manufactured noble ferroalloys from across the globe.

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Analysts at Transparency Market Research (TMR) note the global noble ferroalloys market is likely to demonstrate growth at a decent CAGR during the tenure of 2019 to 2027 and gather the valuation of ~ US$ 68 Bn by the end of assessment period. In 2018, the noble ferroalloys market was valued at ~US$ 32 Bn.

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Noble Ferroalloys Market: Major Takeaways

  • Industry Leaders Focus on Technological Advancements

Major enterprises working in the noble ferroalloys market are growing focus toward the incorporation of advanced technologies such as converter technology and vacuum technique during their production activities. This strategy is expected to help players in improving the quality as well as cost-efficiency of their products. Apart from this, the newer technologies are helping stakeholders in minimizing thermal loss, reducing operating costs, and decreasing hydrogen and nitrogen content in steel alloy compositions. This scenario is likely to fuel the expansion of the noble ferroalloys market in the forthcoming years.

  • Rising Demand From Automotive Sector Pushes Market Expansion

In recent few years, there is noteworthy growth the use of ferroalloys in the worldwide automotive sector. One of the key factors supporting this high demand is the ability of Ferroniobium assisting in the production of lighter and sturdy structures. Apart from this, Ferroniobium is gaining traction owing to its application in the manufacturing of lighter cars that require less fuel.

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Noble Ferroalloys Market: Leading Segments

  • In terms of product, the ferronickel segment accounted for lion’s share of the noble ferroalloys market in 2018.
  • Based on volume and value, the high grade steel was key segment that gained over 75% share of the market during 2018.
  • Asia Pacific is leading regional segment that accounted for over 70% share of the noble ferroalloys market in 2018.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/68786

Noble Ferroalloys Market: Growth Boosters

  • Noble ferroalloys find application in the manufacturing of special types of steels. Thus, they are widely used for the development of tools steel, super alloys, and high grade steel. Corrosion resistance, improved hardness and strength, and enhanced durability are some of the key properties due to which noble ferroalloys are gaining immense popularity across various end-use industries.
  • In various sectors such as railway, auto, real estate, and aerospace, different types and grades of steel are used. In recent few years, the automotive sector from all across the globe is expanding at rapid pace. Apart from this, the government bodies of many countries across the globe are growing focus on the infrastructure development. Thus, there is remarkable growth in investments for the advancement of skyscrapers, railways, and commercial buildings, specifically in developing countries. This scenario is helping in increased steel production, which is likely to drive demand opportunities in the noble ferroalloys market in the forthcoming years.

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Noble Ferroalloys Market: Well-Established Participants

The list of key participants in the noble ferroalloys market includes following names:

  • D S Alloyd Pvt Ltd
  • Essel Mining & Industries Limited (EMIL)
  • Shanghai Shenjia Ferroalloys Co. Ltd.
  • AMG Advanced Metallurgical Group N.V.
  • FE Mottram Ltd
  • LekonGermess Ltd
  • Nortech Ferro Alloys Pvt. Ltd.
  • Global Titanium Inc

Explore Transparency Market Research’s award-winning coverage of the global Chemicals and Materials Industry,

Pharmaceutical Glass Packaging Market – https://www.transparencymarketresearch.com/pharmaceutical-glass-packaging-market.html

Bulk Ferroalloys Market – https://www.transparencymarketresearch.com/bulk-ferroalloys-market.html

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Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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