Global Automotive Composites Market Report 2021: Market is Projected to Grow from $5.4 Billion in 2020 to $9.3 Billion by 2025

DUBLIN, Jan. 25, 2021 /PRNewswire/ — The «Global Automotive Composites Market by Fiber Type (Glass, Carbon, Natural), Resin Type (Thermoset, Thermoplastics), Manufacturing Process (Compression, Injection, RTM), Applications (Exterior, Interior), Vehicle Type and Region – Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

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The global automotive composites market is projected to grow from USD 5.4 billion in 2020 to USD 9.3 billion by 2025, at a compound annual growth rate (CAGR) of 11.5% between 2020 and 2025.

The demand for lightweight and fuel efficient vehicle as well as emerging trend of electric cars are the major factors driving the growth of automotive composites market while increasing awareness of OEMs towards strict government regulations on emission control is an opportunity for the growth of automotive composites market However, the negative impact of the COVID-19 pandemic on the automotive industry has affected the market growth adversely.

Glass fiber composites is the largest segment, based on fiber type in the automotive composites market in terms of value

Carbon fiber composites are projected to register the highest CAGR in terms of both value and volume between 2020 and 2025 while glass fiber accounts for the largest share of the overall market. Owing to its superior attributes such as strength, durability, flexibility, stability, lightweight, and resistance to heat, temperature, and moisture glass fiber is choice of material for automotive composite manufacturer. For instance, in automotive glass fiber is used if different applications such as underbody systems, front end modules, deck lids, bumper beams, engine cover instrument panels, and air ducts, among many other body parts in automotive.

Exterior is the largest application of automotive composites in terms of value and volume

The composites of a car body that are placed on the outer surface of the monocoque are termed as the exterior parts of the car body. The exterior parts include major components such as bumper beam, fender, front end module, door panels, and hood, among others. The use of composites in the automotive industry is an emerging trend as these composites help in achieving high-performance properties such as high stiffness, lightweight, and high strength to weight to ratio. The exterior parts manufactured with the use of composites impart rigidity thereby offers minimum risk against damage in the event of accident.

Composites also help reduce the weight of the exterior parts hence enabling weight reduction of the complete car body and make it more fuel efficient. The exterior parts are located on the outer surface of the car body and are more prone to wear and tear owing to exposure to harsh elements and extreme weathers. The use of composites in the exterior parts such as fenders, hoods, bumper beam, deck lid, and others added to durability of cars ensuring long lifecycle and lowering maintenance cost.

Non-electric is the largest vehicle type of automotive composites in terms of both value and volume

Number of OEMs including BMW (Germany), Audi (Germany), Renault (France), Porsche (Germany), Volkswagen (Germany), Fiat Chrysler (U.K.), among others uses composites in their high-end non-electric vehicles. For instance, Porsche manufactured a CFRP assembly carrier for Porsche GT3 Cup II model while BMW and Fiat Chrysler uses carbon fiber composites and glass reinforced polypropylene (PP) composites in the lightweight dashboard carrier and entire chassis of their Alfa Romeo 4C model sports car and in the respectively.

German car manufacturer has developed the Rodeo concept, an all-wheel-drive carbon fiber safari vehicle based on the classic Porsche 911 safari rally car. These initiatives taken by OEMs across the globe has been driving the use of automotive composites in non-electric vehicles.

Europe is the leading automotive composites market in terms of both value and volume

The growth of the automotive composites market in Europe is driven by the presence of established car manufacturers, industrial expansion, and industry 4.0 technology introduced in automotive industry of the region. Europe’s automotive industry is one of the major industries operating in the region and is comparatively higher than any other region. The European Union is amongst the world’s biggest producers of motor vehicles and the sector represents the largest private investor in research & development with approximately investing Euro 57.4 billion annually. The turnover generated of European Union’s auto industry represents 7% of overall GDP.

Market Dynamics

Drivers

  • Increase in Demand for Lightweight and Fuel-Efficient Vehicles
  • Increase in Demand for Environmentally Friendly Electric Vehicles
  • Increasing Use of Cost-Efficient and Eco-Friendly Natural Fibers in Automotive Applications

Restraints

  • High Processing and Manufacturing Cost of Composites
  • Lack of Technological Advancement in Emerging Economies
  • Declining Economy due to COVID-19

Opportunities

  • Increasingly Stringent Government Regulations
  • Increasing Demand from Emerging Economies
  • Penetration of Carbon Fiber Composites in Automotive Applications

Challenges

  • Recyclability of Composites
  • Developing Low-Cost Technologies
  • Recovery of Market from COVID-19

Case Study: Composites Roller Market

Company Profiles

  • Toray Industries Inc.
  • SGL Carbon SE
  • Teijin Limited
  • Mitsubishi Chemical Holding Corporation
  • Hexcel Corporation
  • Magna International
  • Plasan Carbon Composites
  • Solvay SA
  • Gurit
  • UFP Technologies Inc.
  • Huntsman International LLC.
  • Hexion
  • Nippon Electric Glass Co. Ltd.
  • Chongqing Polycomp International Corporation
  • Jushi Group Co. Ltd.

Other Key Players

  • Owens Corning
  • 3B Fiberglass Company
  • Mubea Carbo Tech GmbH
  • TPI Composites
  • Formaplex
  • Creative Composites Ltd.
  • GMS Composite
  • Quantum Composites
  • Sabic (Saudi Arabia Basic Industries Corporation)
  • Exel Composites

For more information about this report visit https://www.researchandmarkets.com/r/ncsibr

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Research and Markets
Laura Wood, Senior Manager
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Cision View original content:http://www.prnewswire.com/news-releases/global-automotive-composites-market-report-2021-market-is-projected-to-grow-from-5-4-billion-in-2020-to-9-3-billion-by-2025–301213991.html

SOURCE Research and Markets

ATP Flight School Forms Pilot Pathway With Frontier Airlines

DENVER, Jan. 25, 2021 /PRNewswire/ — Frontier Airlines and ATP Flight School have formed a «Frontier Direct Program» targeting ATP graduates and CFIs for employment as Frontier Airlines First Officers.

In the Frontier Direct Program, ATP graduates and instructors…

DENVER, Jan. 25, 2021 /PRNewswire/ — Frontier Airlines and ATP Flight School have formed a «Frontier Direct Program» targeting ATP graduates and CFIs for employment as Frontier Airlines First Officers.

In the Frontier Direct Program, ATP graduates and instructors progress from ATP straight to the flight deck at Frontier after enhanced ATP CTP training that includes additional Airbus A320 full-motion flight simulator experience. The new partnership offers pilots an accelerated path to a rewarding career with Frontier while providing Frontier access to a high-quality pool of qualified pilot applicants, dedicated future employees, and advocates of the Frontier brand.

After completing flight training in ATP’s Airline Career Pilot Program, graduates gain flight experience with ATP as paid flight instructors. Between 1,250-1,500 hours total flight time, recommended instructors interview with Frontier Airlines. After the candidate selection and interview process with Frontier, applicants receive a Conditional Offer of Employment and continue working towards 1,500 hours of flight experience with ATP. Once ready to transition to Frontier, pilots attend the enhanced ATP CTP course. This tailored course with ATP utilizes full-motion Airbus A320 simulator training to prepare pilots for success at Frontier.

«We appreciate Frontier Airlines collaborating with ATP,» said Justin Dennis, President of ATP. «This program is a tremendous career opportunity for ATP graduates, while helping Frontier access a pool of highly qualified, professional pilots who appreciate the opportunity to fly for Frontier.»

Added Brad Lambert, Vice President of Flight Operations for Frontier Airlines, «Frontier is proud to partner with premier flight schools such as ATP to ensure the quality of our future pilot supply. We have been impressed with the caliber of candidates we have seen. Coordinating with ATP to enhance their jet transition program helps to evaluate and improve on the skill set required to be a safe and successful airline pilot.»

Four ATP graduates have already completed the program in a proof of concept started in 2020. All four pilots have been flying the line with Frontier after successfully completing new-hire training and IOE.

About Frontier Airlines

Frontier Airlines is committed to «Low Fares Done Right.» Headquartered in Denver, Colorado, the company operates more than 100 A320 family aircraft and has the largest A320neo fleet in the U.S., delivering the highest level of noise reduction and fuel-efficiency, compared to previous models. The use of these aircraft, Frontier’s seating configuration, weight-saving tactics and baggage process have all contributed to the airline’s average of 43 percent fuel savings compared to other U.S. airlines (fuel savings is based on Frontier Airlines’ 2019 fuel consumption per seat-mile compared to the weighted average of major U.S. airlines), which makes Frontier the most fuel-efficient U.S. airline. More information about Frontier’s green commitments are available at FlyFrontier.com/Green.

Press Contact:
Michael Arnold
ATP Flight School
pr@atpflightschool.com
904-595-7950

Forward-looking statements involve factors that could cause results to differ materially. 14 CFR part 142 programs provided by ATP Jet Simulation, Inc.

Related Images

atp-graduate-and-frontier-airlines.jpg
ATP Graduate and Frontier Airlines First Officer Walter Copeland III
First Officer Walter Copeland III was one of the first participants in the Frontier Direct Program, transitioning from ATP to Frontier in Feb 2020. Walter began flying as a first officer in Jun 2020 – just 29 months after starting training with ATP.

Related Links

ATP Program Information

Frontier Direct Program

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/atp-flight-school-forms-pilot-pathway-with-frontier-airlines-301213813.html

SOURCE ATP Flight School

Stony Plain Chrysler Promotes 2021 New Year’s Special on Automotive Service

STONY PLAIN, Alberta, Jan. 25, 2021 /PRNewswire-PRWeb/ — To start out the new year in a special way, the Stony Plain Chrysler dealership, serving the Edmonton area of drivers, has begun to offer and promote the 2021 New Year’s Special. The 2021 New Year’s Special is a service special offer that provides customers with 10% off all auto parts and service work. The 2021 New Year’s Special lasts through the end of the month of January 2021

STONY PLAIN, Alberta, Jan. 25, 2021 /PRNewswire-PRWeb/ — To start out the new year in a special way, the Stony Plain Chrysler dealership, serving the Edmonton area of drivers, has begun to offer and promote the 2021 New Year’s Special. The 2021 New Year’s Special is a service special offer that provides customers with 10% off all auto parts and service work. The 2021 New Year’s Special lasts through the end of the month of January 2021 and can be used by booking an appointment online and then presenting the coupon to a team member at the dealership.

The Stony Plain Chrysler dealership is also currently offering additional vehicle special offers and automotive service specials for the beginning of the new year of 2021. Additional specials that drivers can consider include 0% APR for 96 months on new 2021 Dodge Durango models, 2021 Jeep Grand Cherokee models and Ram 1500 models, discounted pricing on new and pre-owned vehicles and the new Lube, Oil & Filter special for Chrysler, Dodge, Jeep and RAM models starting at $39.95.

Additional savings on automotive services at Stony Plain Chrysler can be found by visiting the dealership’s Service Specials page.

To learn more about available automotive services and automotive service coupons at Stony Plain Chrysler, drivers can browse through the dealership’s Service Department and Parts Department pages. Additional information can be found by contacting the Stony Plain Chrysler team at the number of +1 587-760-1506. Additional means of communication include online messages, emails and visits to the store. The Stony Plain Chrysler dealership is located at 4004 51 St., Stony Plain, Alberta T7Z 0A2, Canada.

Media Contact

Jason Bouwmeester, Stony Plain Chrysler, 780-963-2236, jason@stonyplainchrysler.com

 

SOURCE Stony Plain Chrysler

Ridesharing App OBHAI On WhatsApp – A First in Bangladesh

DHAKA, Bangladesh, Jan. 25, 2021 /PRNewswire/ — OBHAI, the home-grown ride-sharing company of Bangladesh is 1st among its peers to recognize the potential benefits of WhatsApp and its ease of access, which would benefit the user base from all walks of life, with the launch of its services on WhatsApp.

<img id="prnejpgae1bleft" title="Ridesharing APP OBHAI ON WHATSAPP – A…

DHAKA, Bangladesh, Jan. 25, 2021 /PRNewswire/ — OBHAI, the home-grown ride-sharing company of Bangladesh is 1st among its peers to recognize the potential benefits of WhatsApp and its ease of access, which would benefit the user base from all walks of life, with the launch of its services on WhatsApp.

Ridesharing APP OBHAI ON WHATSAPP – A First in Bangladesh

With 1.5 billion monthly active users around the globe, and 22% (around 40 Million) users in Bangladesh, social-media communication giant WhatsApp is being actively used as the primary communication platform in the country.

One can order OBHAI G (car), CNG (three-wheeler) or OBHAI Express (parcel) on WhatsApp. Commuters can save +8801313201222 in their address book as ‘OBHAI WhatsApp’. All one needs to do after that is to type ‘Hi’, following which customers can avail OBHAI’s services on WhatsApp. To book a ride, one just needs to type in the assigned number, click on send, after which users can gear up for a comfortable ride on OBHAI.

«WhatsApp OBHAI booking will help a lot of OBHAI users to simply order an OBHAI Gari, OBHAI CNG, and even order OBHAI Express services in few key strokes,» said Anis Ahmed, Startup Founder, and Investor of Obhai Solutions Ltd.

OBHAI WhatsApp can be used by current OBHAI customers seamlessly, and all facilities including refund request, complaints, billing, reviewing ride history, and suggestions will be available within minutes from OBHAI call center representatives.

Furthermore, one can chat live with OBHAI agents for quick solutions. The AI service associated will also be monitored and maintained by the customer care agents of OBHAI.

Besides offering the most sophisticated communication service through WhatsApp, OBHAI will be able to cater to the smartphone users and passengers, taking into consideration those who do not have enough storage on their smartphones, improving their comprehensive lifestyle.

As Bangladesh marches forward towards a more sophisticated digital era, the masses are now more accustomed to having the world at the palm of their hands. As such, frequency of communication via social media platforms, the likes of Facebook, Viber, WhatsApp etc. are increasing significantly. Keeping the need and comfort of the citizens of Bangladesh in mind, OBHAI edged a step ahead and introduced its own WhatsApp service to complement its ride-sharing offerings, and to provide passengers a more personalized experience.

Since its inception in 2018, OBHAI has been providing 24/7 customer care support to its customers in 53 cities in Bangladesh, and to ensure a prompt support and utmost satisfaction, the ride-sharing company aims to deliver on its commitment via the cutting-edge WhatsApp service.

Media Contact: Arif Mustafa, arif.mustafa@mghgroup.com, +8801754330994

Photo: https://mma.prnewswire.com/media/1425812/Ridesharing_App_OBHAI.jpg  

 

Smart Transportation Market Size is Projected to Reach USD 121,220 Million by 2026 at CAGR 8.3% | Valuates Reports

BANGALORE, India, Jan. 25, 2021 /PRNewswire/ — The Smart Transportation Market is Segmented by Type (Roadways, Railways, Airways, Maritime), Application (Shared Mobility, Public Transport, Route Guidance, Transit Hubs, Autonomous/Vehicles, Video Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report…

BANGALORE, India, Jan. 25, 2021 /PRNewswire/ — The Smart Transportation Market is Segmented by Type (Roadways, Railways, Airways, Maritime), Application (Shared Mobility, Public Transport, Route Guidance, Transit Hubs, Autonomous/Vehicles, Video Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Transportation & Logistics Category.

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The global Smart Transportation market size is projected to reach USD 121,220 Million by 2026, from USD 74,990 Million in 2020, at a CAGR of 8.3% during the forecast period 2021-2026.

Major factors driving the growth of smart transportation market size are technological advancement to enhance customer experience, growing government initiatives and PPP models for smart transportation, rising urban population and high demographic rates, and growing adoption of IoT and automation technologies to enhance technological optimization.

The report offers a comprehensive analysis and accurate statistics on revenue by the player for the period 2021-2026. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by players for the period 2021-2026.

Request a Sample Copy of the Report For COVID-19 Impact Analysis on Smart Transportation Market: https://reports.valuates.com/request/sample/QYRE-Auto-23V2144/Global_Smart_Transportation_Market

TRENDS INFLUENCING THE GROWTH OF SMART TRANSPORTATION MARKET SIZE

Technological advancements to enhance customer experience is expected to drive the smart transportation market size. The efficient implementation of smart transportation solutions depends heavily on the various facets of technologies such as data communication, cloud, mobility, and sensors that together form the IoT architecture. In recent years, rapid developments in these areas have allowed better object communication, resulting in the creation of smarter ecosystems. 

Furthermore, the development of automatic vehicles is expected to provide significant opportunities for the growth of the smart transportation market size. Across the automotive sector, the trend of creating driverless vehicles can be observed. With tremendous technological development, semi-autonomous and autonomous vehicles are undergoing rapid evolution. Although it will take considerable time to incorporate autonomous vehicles on a wide scale, many transportation operators are expected to deploy semi-autonomous vehicles in the future. The introduction of autonomous vehicles is important for the growth of the smart transportation market as these vehicles do not need drivers and will result in a cost reduction for mobility service providers.

As smart transport is an integral part of every smart city, growing investments in smart city initiatives are expected to fuel the growth of the smart transportation market size.

View Report Details Before Purchasing: https://reports.valuates.com/market-reports/QYRE-Auto-23V2144/global-smart-transportation

SMART TRANSPORTATION MARKET SHARE ANALYSIS

Based on transportation mode, the roadways segment is expected to hold the largest smart transportation market share during the forecast period. This rapid growth of the segment is attributed to the rising adoption of intelligent mobility solutions across major cities around the world. In addition to the introduction of these smart technologies, the rapid growth of the smart transportation market can be credited with a remarkable increase in government patronage and financial support to revamp the transportation industry.

The software segment is expected to grow at the highest CAGR during the forecast period. This is due to the usage of various smart transportation software, including parking management, traffic management, security & surveillance, ticket management, and passenger information management. Among these, the security & surveillance software segment is expected to hold the largest smart transportation market share. 

Based on region, North America is expected to hold the largest smart transportation market share due to its advanced infrastructure. Asia-Pacific, on the other hand, is expected to witness the highest growth during the forecast period. In other regions such as Europe and MEA, the growth will be drive-by favorable government initiatives. 

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-23V2144/Global_Smart_Transportation_Market

SMART TRANSPORTATION MARKET SEGMENTS

Smart Transportation Market segment by Type, the product can be split into

  • Roadways
  • Railways
  • Airways
  • Maritime

Smart Transportation Market segment by Application, split into

  • Shared Mobility
  • Public Transport
  • Route Guidance
  • Transit Hubs
  • Autonomous/Vehicles
  • Video Management
  • Others

Smart Transportation Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The key players covered in this study

  • Thales Group
  • Huawei
  • Siemens
  • IBM
  • Cisco Systems
  • SAP
  • Cubic
  • Alstom
  • Bombardier
  • Toshiba
  • Harris
  • Bentley Systems
  • Saab
  • Trimble
  • Veson Nautical
  • Advanced Navigation and Positioning
  • Bass Software
  • Indra Sistemas

«We can also add the other companies as you want»

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SUBSCRIPTION

  • Smart Cities Market

The Global Smart Cities Market size is expected to reach 252.56 Billion USD by the end of 2025, with a CAGR of 16.53% between 2019 and 2025.

Among regions, APAC is projected to hold the largest smart city market share by 2023 and is expected to lead the smart cities market, in terms of growth, from 2019 to 2025.

  • Smart Railways Market

The global Smart Railways market size is projected to reach US$ 13690 million by 2026, from US$ 12580 million in 2020, at a CAGR of 8.2%% during 2021-2026.

  • Railway Management System Market

The global Railway Management System market size is projected to reach US$ 30030 million by 2026, from US$ 27600 million in 2020, at a CAGR of 8.2%% during 2021-2026.

APAC is expected to hold the largest market share during the forecast period. This is due to the increase in the adoption of new technologies and high investments for digital transformation. The increasing GDP of the APAC countries is also expected to contribute to market growth.

  • Transportation Management System Market

The global Transportation Management System market size is projected to reach USD 6633.8 Million by 2026, from USD 2853.1 Million in 2020, at a CAGR of 15.1% during 2021-2026.

  • Drone Logistics and Transportation Market

The global Drone Logistics and Transportation market size is projected to reach USD 5930.1 Million by 2026, from USD 5308.5 Million in 2020

  • On-Demand Transportation Market

The Global On-demand Transportation Market is expected to grow from USD 86,497.92 Million in 2019 to USD 172,066.68 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 12.14%.

On-Demand Transportation market size is increasing due to increasing demand to tackle rising fuel prices, traffic congestion, and emissions standards.

  • 5G in Automotive and Smart Transportation Market

The global 5G in Automotive and Smart Transportation Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type (Hardware Components, Service, Others), By Application (Automotive Manufacturing, Automotive Driving, Others) and Regional Opportunity Analysis and Industry Forecast.

 To see the full list of related reports on the Smart Transportation

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Smart Transportation Market Size is Projected to Reach USD 121,220 Million by 2026 at CAGR 8.3% | Valuates Reports

BANGALORE, India, Jan. 25, 2021 /PRNewswire/ — The Smart Transportation Market is Segmented by Type (Roadways, Railways, Airways, Maritime), Application (Shared Mobility, Public Transport, Route Guidance, Transit Hubs, Autonomous/Vehicles, Video Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report…

BANGALORE, India, Jan. 25, 2021 /PRNewswire/ — The Smart Transportation Market is Segmented by Type (Roadways, Railways, Airways, Maritime), Application (Shared Mobility, Public Transport, Route Guidance, Transit Hubs, Autonomous/Vehicles, Video Management, Others): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Transportation & Logistics Category.

Valuates Reports Logo

The global Smart Transportation market size is projected to reach USD 121,220 Million by 2026, from USD 74,990 Million in 2020, at a CAGR of 8.3% during the forecast period 2021-2026.

Major factors driving the growth of smart transportation market size are technological advancement to enhance customer experience, growing government initiatives and PPP models for smart transportation, rising urban population and high demographic rates, and growing adoption of IoT and automation technologies to enhance technological optimization.

The report offers a comprehensive analysis and accurate statistics on revenue by the player for the period 2021-2026. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by players for the period 2021-2026.

Request a Sample Copy of the Report For COVID-19 Impact Analysis on Smart Transportation Market: https://reports.valuates.com/request/sample/QYRE-Auto-23V2144/Global_Smart_Transportation_Market

TRENDS INFLUENCING THE GROWTH OF SMART TRANSPORTATION MARKET SIZE

Technological advancements to enhance customer experience is expected to drive the smart transportation market size. The efficient implementation of smart transportation solutions depends heavily on the various facets of technologies such as data communication, cloud, mobility, and sensors that together form the IoT architecture. In recent years, rapid developments in these areas have allowed better object communication, resulting in the creation of smarter ecosystems. 

Furthermore, the development of automatic vehicles is expected to provide significant opportunities for the growth of the smart transportation market size. Across the automotive sector, the trend of creating driverless vehicles can be observed. With tremendous technological development, semi-autonomous and autonomous vehicles are undergoing rapid evolution. Although it will take considerable time to incorporate autonomous vehicles on a wide scale, many transportation operators are expected to deploy semi-autonomous vehicles in the future. The introduction of autonomous vehicles is important for the growth of the smart transportation market as these vehicles do not need drivers and will result in a cost reduction for mobility service providers.

As smart transport is an integral part of every smart city, growing investments in smart city initiatives are expected to fuel the growth of the smart transportation market size.

View Report Details Before Purchasing: https://reports.valuates.com/market-reports/QYRE-Auto-23V2144/global-smart-transportation

SMART TRANSPORTATION MARKET SHARE ANALYSIS

Based on transportation mode, the roadways segment is expected to hold the largest smart transportation market share during the forecast period. This rapid growth of the segment is attributed to the rising adoption of intelligent mobility solutions across major cities around the world. In addition to the introduction of these smart technologies, the rapid growth of the smart transportation market can be credited with a remarkable increase in government patronage and financial support to revamp the transportation industry.

The software segment is expected to grow at the highest CAGR during the forecast period. This is due to the usage of various smart transportation software, including parking management, traffic management, security & surveillance, ticket management, and passenger information management. Among these, the security & surveillance software segment is expected to hold the largest smart transportation market share. 

Based on region, North America is expected to hold the largest smart transportation market share due to its advanced infrastructure. Asia-Pacific, on the other hand, is expected to witness the highest growth during the forecast period. In other regions such as Europe and MEA, the growth will be drive-by favorable government initiatives. 

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-23V2144/Global_Smart_Transportation_Market

SMART TRANSPORTATION MARKET SEGMENTS

Smart Transportation Market segment by Type, the product can be split into

  • Roadways
  • Railways
  • Airways
  • Maritime

Smart Transportation Market segment by Application, split into

  • Shared Mobility
  • Public Transport
  • Route Guidance
  • Transit Hubs
  • Autonomous/Vehicles
  • Video Management
  • Others

Smart Transportation Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The key players covered in this study

  • Thales Group
  • Huawei
  • Siemens
  • IBM
  • Cisco Systems
  • SAP
  • Cubic
  • Alstom
  • Bombardier
  • Toshiba
  • Harris
  • Bentley Systems
  • Saab
  • Trimble
  • Veson Nautical
  • Advanced Navigation and Positioning
  • Bass Software
  • Indra Sistemas

«We can also add the other companies as you want»

Buy Now for Single User + Covid-19 Impact: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-23V2144&lic=single-user

Buy Now for Enterprise License + Covid-19 Impact: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-23V2144&lic=enterprise-user

SUBSCRIPTION

  • Smart Cities Market

The Global Smart Cities Market size is expected to reach 252.56 Billion USD by the end of 2025, with a CAGR of 16.53% between 2019 and 2025.

Among regions, APAC is projected to hold the largest smart city market share by 2023 and is expected to lead the smart cities market, in terms of growth, from 2019 to 2025.

  • Smart Railways Market

The global Smart Railways market size is projected to reach US$ 13690 million by 2026, from US$ 12580 million in 2020, at a CAGR of 8.2%% during 2021-2026.

  • Railway Management System Market

The global Railway Management System market size is projected to reach US$ 30030 million by 2026, from US$ 27600 million in 2020, at a CAGR of 8.2%% during 2021-2026.

APAC is expected to hold the largest market share during the forecast period. This is due to the increase in the adoption of new technologies and high investments for digital transformation. The increasing GDP of the APAC countries is also expected to contribute to market growth.

  • Transportation Management System Market

The global Transportation Management System market size is projected to reach USD 6633.8 Million by 2026, from USD 2853.1 Million in 2020, at a CAGR of 15.1% during 2021-2026.

  • Drone Logistics and Transportation Market

The global Drone Logistics and Transportation market size is projected to reach USD 5930.1 Million by 2026, from USD 5308.5 Million in 2020

  • On-Demand Transportation Market

The Global On-demand Transportation Market is expected to grow from USD 86,497.92 Million in 2019 to USD 172,066.68 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 12.14%.

On-Demand Transportation market size is increasing due to increasing demand to tackle rising fuel prices, traffic congestion, and emissions standards.

  • 5G in Automotive and Smart Transportation Market

The global 5G in Automotive and Smart Transportation Market Size, Share, Trends, Growth, Industry Analysis, Forecast 2020 to 2026. The Report contains segmentation by Type (Hardware Components, Service, Others), By Application (Automotive Manufacturing, Automotive Driving, Others) and Regional Opportunity Analysis and Industry Forecast.

 To see the full list of related reports on the Smart Transportation

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SOURCE Valuates Reports

Ridesharing App OBHAI On WhatsApp – A First in Bangladesh

DHAKA, Bangladesh, Jan. 25, 2021 /PRNewswire/ — OBHAI, the home-grown ride-sharing company of Bangladesh is 1st among its peers to recognize the potential benefits of WhatsApp and its ease of access, which would benefit the user base from all walks of life, with the launch of its services on WhatsApp.

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DHAKA, Bangladesh, Jan. 25, 2021 /PRNewswire/ — OBHAI, the home-grown ride-sharing company of Bangladesh is 1st among its peers to recognize the potential benefits of WhatsApp and its ease of access, which would benefit the user base from all walks of life, with the launch of its services on WhatsApp.

With 1.5 billion monthly active users around the globe, and 22% (around 40 Million) users in Bangladesh, social-media communication giant WhatsApp is being actively used as the primary communication platform in the country.

One can order OBHAI G (car), CNG (three-wheeler) or OBHAI Express (parcel) on WhatsApp. Commuters can save +8801313201222 in their address book as ‘OBHAI WhatsApp’. All one needs to do after that is to type ‘Hi’, following which customers can avail OBHAI’s services on WhatsApp. To book a ride, one just needs to type in the assigned number, click on send, after which users can gear up for a comfortable ride on OBHAI.

«WhatsApp OBHAI booking will help a lot of OBHAI users to simply order an OBHAI Gari, OBHAI CNG, and even order OBHAI Express services in few key strokes,» said Anis Ahmed, Startup Founder, and Investor of Obhai Solutions Ltd.

OBHAI WhatsApp can be used by current OBHAI customers seamlessly, and all facilities including refund request, complaints, billing, reviewing ride history, and suggestions will be available within minutes from OBHAI call center representatives.

Furthermore, one can chat live with OBHAI agents for quick solutions. The AI service associated will also be monitored and maintained by the customer care agents of OBHAI.

Besides offering the most sophisticated communication service through WhatsApp, OBHAI will be able to cater to the smartphone users and passengers, taking into consideration those who do not have enough storage on their smartphones, improving their comprehensive lifestyle.

As Bangladesh marches forward towards a more sophisticated digital era, the masses are now more accustomed to having the world at the palm of their hands. As such, frequency of communication via social media platforms, the likes of Facebook, Viber, WhatsApp etc. are increasing significantly. Keeping the need and comfort of the citizens of Bangladesh in mind, OBHAI edged a step ahead and introduced its own WhatsApp service to complement its ride-sharing offerings, and to provide passengers a more personalized experience.

Since its inception in 2018, OBHAI has been providing 24/7 customer care support to its customers in 53 cities in Bangladesh, and to ensure a prompt support and utmost satisfaction, the ride-sharing company aims to deliver on its commitment via the cutting-edge WhatsApp service.

Media Contact:
Arif Mustafa
arif.mustafa@mghgroup.com
+8801754330994

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SOURCE OBHAI Solutions

Wyoming Named Top Travel Destination by Travel + Leisure and AFAR

CHEYENNE, Wyo., Jan. 25, 2021 /PRNewswire/ — Vast open spaces, breathtaking landscapes and western charm are just a few reasons Wyoming has been recognized as one of «<a…

CHEYENNE, Wyo., Jan. 25, 2021 /PRNewswire/ — Vast open spaces, breathtaking landscapes and western charm are just a few reasons Wyoming has been recognized as one of «The 50 Best Places to Travel in 2021» by Travel + Leisure and a top North American destination in AFAR’s «Where We’ll Go in 2021 – When We Can

With Wyoming’s innate social distancing, iconic road trips and destinations drawing traveler consideration, the Cowboy State topped this year’s must-visit lists. The January issue of AFAR featured Grand Teton National Park, while the annual list from Travel + Leisure highlighted Wyoming’s western and outdoor attractions including the 125th anniversary of Cheyenne Frontier Days, Casper’s College National Finals Rodeo and the endless adventures in state parks.

«It’s extremely humbling to see Wyoming recognized as one of the top destinations to visit this year and beyond,» said Diane Shober, executive director for the Wyoming Office of Tourism. «Now more than ever people have a strong desire to get out and explore the great outdoors, including more rural, less-populated destinations like Wyoming. We encourage travelers to embrace a spirit of adventure, while continuing to ensure collective wellness by pledging to adventure responsibly.»

With National Plan for Vacation Day on January 26, the Wyoming Office of Tourism offers countless inspiration and resources to plan a safe, enjoyable vacation this summer. From all-inclusive guest ranches to epic road trip routes, Wyoming will guarantee an unforgettable vacation.

To learn more about traveling safely and responsibly throughout Wyoming, visit travelwyoming.com/wy-responsibly. Travelers can share their experiences and pledge «WY Responsibly» on social media by using #WYResponsibly.

The annual National Plan for Vacation Day takes place each January to encourage Americans to plan their vacation at the start of the year and in an effort to avoid leaving vacation days unused. National Plan for Vacation Day coincides with the Let’s Go There initiative to encourage Americans to still plan – or even book – future vacations, or to simply keep their travel flame alive and think about their next trip.

 

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SOURCE Wyoming Office of Tourism

InventHelp Inventor Develops Truck Accessory to Secure Cargo (CNC-624)

PITTSBURGH, Jan. 25, 2021 /PRNewswire/ — «I thought there could be a convenient way to keep items in a truck bed or vehicle trunk from shifting and moving while driving,» said an inventor, from Salisbary, N.C., «so I invented the TRUCK BED SLIDE STOP. My design enables you to safely travel with cargo.»

<a href="https://mma.prnewswire.com/media/634035/InventHelp_Logo.html"…

PITTSBURGH, Jan. 25, 2021 /PRNewswire/ — «I thought there could be a convenient way to keep items in a truck bed or vehicle trunk from shifting and moving while driving,» said an inventor, from Salisbary, N.C., «so I invented the TRUCK BED SLIDE STOP. My design enables you to safely travel with cargo.»

The invention provides an effective way to secure items in the back of a truck or SUV. In doing so, it prevents items from sliding or moving during transport. As a result, it helps to prevent damage and it ensures that items are accessible. The invention features a practical design that is convenient and easy to use so it is ideal for the owners of trucks and SUV’s. Additionally, it is producible in design variations and a prototype/inventory is available.

The original design was submitted to the Charlotte sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-CNC-624, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

Away Launches Second Collection In Partnership With Serena Williams

NEW YORK, Jan. 25, 2021 /PRNewswire/ — Today, Away announced the arrival of their latest collaboration with Serena Williams, a further installment of the partnership between the global lifestyle brand and the legendary athlete and entrepreneur. The collection features an assortment…

NEW YORK, Jan. 25, 2021 /PRNewswire/ — Today, Away announced the arrival of their latest collaboration with Serena Williams, a further installment of the partnership between the global lifestyle brand and the legendary athlete and entrepreneur. The collection features an assortment of luggage and travel essentials, including never-before-seen silhouettes by Away; each thoughtfully designed to equip travelers who are already dreaming of future travels.

New Away x Serena Williams collection offers stylish gear for those already dreaming of future trips.

Available for purchase beginning January 28th, the new Away x Serena Williams collection features sleek features, new colors, and a custom exterior print that reflects Serena’s unique, bold style. Uniting her passion for travel with her desire to spend time with her family, this line includes luggage for everyone—including a Kids’ Carry-On, Mini Convertible Backpack Tote, and Pet Carrier—as well as versatile accessories that adapt to any travel scenario. 

«Travel has always been ingrained in my identity, both professionally and personally, which is why I am so excited to continue my partnership with Away. Despite the current limitations of travel, being able to bring this new collection to life has been such a rewarding, collaborative process,» said Serena Williams. «With this latest phase of our work together, I’m thrilled to share a collection that speaks to the new realities of travel and highlights my personal take on design and functionality, all with the hope that it can get people excited for the future.»

While the world remains at-home, the Away x Serena Williams collection serves to satisfy a continued craving for the return of travel; inspiring travelers to dream of visiting the places they love most. To bring this inspiration to life, Away’s creative campaign features Serena Williams playfully replicating some of her favorite international destinations, Rome & Paris, in the comfort and safety of her home.

«Although the world has changed dramatically since we first announced Away’s partnership with Serena Williams at the start of 2020, anticipation and excitement for the future of travel is growing exponentially,» said Jen Rubio, Co-founder and President, Away. «Serena’s role as a world traveler, mother, athlete, and businesswoman gives her a unique perspective, which we are proud to bring to life through this collaboration. If there is anyone who can keep people inspired and dreaming about their next adventure, it’s Serena Williams

To date, highlights from the Away x Serena Williams partnership include two comprehensive travel collections, dozens of limited edition products, an OOH takeover at JFK’s Terminal 4, and exclusive content shared via the brand’s in-house publication, Here Magazine. This collaboration is the latest in a series of thoughtful partnerships and initiatives from Away, which have been central to the brand’s evolution since its inception.

The Away x Serena Williams collection will be available for purchase on awaytravel.com as well as in Away’s 12 retail locations in the US, UK, and Canada beginning on January 28, 2021.

Media Contact: press@awaytravel.com
Downloadable Lookbook: https://away.widencollective.com/c/k8bwpvbv 
Downloadable Campaign Imagery: https://away.widencollective.com/c/yyhi5liw 
Downloadable PDP Imagery: https://away.widencollective.com/c/1y5pvf3r 

About Away
Away is a global lifestyle brand with a mission to transform travel. The company launched in 2016 with one perfectly designed carry-on and has since expanded to offer an array of luggage and other travel essentials built for the evolving needs of the modern traveler. Headquartered in New York City, Away has 12 brick-and-mortar retail locations and currently ships products to 40 countries around the world. Away has been named one of Fast Company’s «World’s Most Innovative Companies» and has been recognized on TIME’s list of «Best Inventions.» To learn more, visit awaytravel.com.

 

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SOURCE Away