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Force Sensor Market to Reach $3.30 Bn, Globally, by 2027 at 5.30% CAGR: Allied Market Research

– Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market

PORTLAND, Ore., Jan. 20, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive,…

– Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market

PORTLAND, Ore., Jan. 20, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive, Manufacturing, Mining, Aerospace & Defense, Construction, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global force sensor industry generated $2.16 billion in 2019, and is projected to garner $3.30 billion by 2027, witnessing a CAGR of 5.30% from 2020 to 2027.

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Drivers, restraints, and opportunities

Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market. In addition, the growing AI and IoT technology and high demand from APAC region further fuel the growth of the market. However, instability in the demand across various end-user industry hinders the market growth. On the other hand, increase in automotive sales and rise in production of vehicles across the world create new opportunities in the coming years.

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Covid-19 Scenario

  • Global lockdown across the world during the initial phase of Covid-19 impacted the manufacturing activities. In addition, the supply chain management was disrupted completely. And, the industry witnessed a massive shortage of raw materials and labor force.
  • The government bodies in various regions, however, have now issued several relaxations on the current regulations, thereby allowing the players to reinitiate their businesses. This is anticipated to aid the force sensor market to recoup soon.

The analog segment to continue its leadership status throughout the forecast period

Based on operation, the analog segment contributed to the highest market share, accounting for more than half of the global force sensor market in 2019, and will continue its leadership status throughout the forecast period. This is due to high demand of analog force sensors from automobiles, robotics, and industrial fabrications. However, the digital segment is expected to manifest the fastest CAGR of 5.3% from 2020 to 2027, owing to the significant growth of manufacturing, automotive, food & beverages, consumer electronics, & bulk material handling industries in developing economies.

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The load cell segment to maintain its lead position during the forecast period

Based on technology, the load cell segment accounted for the largest share in 2019, holding nearly one-third of the global force sensor market, and is projected to maintain its lead position during the forecast period. In addition, the same segment is expected to witness the fastest CAGR of 6.7% from 2020 to 2027. This is attributed to rising demand of load cells type force sensor in manufacturing & industrial application.

Asia-Pacific, followed by North America, to dominate the market throughout the forecast period-

Based on region, Asia-Pacific, followed by North America held the largest share in terms of revenue in 2019, accounting for nearly half of the global force sensor market, and will maintain its dominance in terms of revenue by 2027. In addition, the region is projected to witness the fastest CAGR of 6.3% during the forecast period. This is attributed to increase in the technological advancements and rise in the automotive standards in developing countries such as India, China, and Indonesia.

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Leading market players

  • Sensata Technologies Inc.
  • Siemens AG
  • Vishay Precision Group
  • ABB Ltd.
  • Futek Advanced Sensor Technology Inc.
  • Hottinger Baldwin Messtechnik (HBM) GmbH
  • TE Connectivity Ltd.
  • Honeywell International Inc.
  • ATI Industrial Automation Inc.
  • Tekscan Inc.

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Nuvoton Technology Corporation Japan and Green Hills Software Deliver Safe and Secure Digital Automotive Instrument Clusters

SANTA BARBARA, Calif., Jan. 20, 2021 /PRNewswire/ — Nuvoton Technology Corporation Japan, a leading maker of semiconductors for automotive HMI applications, and Green Hills Software, the worldwide leader in embedded safety and security, announced today the immediate availability of Green Hills Software’s <a target="_blank"…

SANTA BARBARA, Calif., Jan. 20, 2021 /PRNewswire/ — Nuvoton Technology Corporation Japan, a leading maker of semiconductors for automotive HMI applications, and Green Hills Software, the worldwide leader in embedded safety and security, announced today the immediate availability of Green Hills Software’s INTEGRITY® real-time operating system solution for the Nuvoton Gerda® family of automotive SoCs (system-on-chips). The combined solution is a cost-optimized platform for OEMs and Tier 1s to build safe and secure, high-performance instrument clusters, heads-up displays, and e-mirrors.

Good functional safety begins with unassailable security, and with the approaching UNECE WP.29 cybersecurity management system requirements, Green Hills Software is uniquely positioned to provide the best-in-class solution for both ISO 26262 automotive functional safety and ISO/SAE 21434 automotive cybersecurity with its INTEGRITY RTOS and development tools.

By bringing new innovation to established products, Nuvoton Technology Corporation Japan stands ready to fulfill the most demanding automotive OEM requirements. The Gerda family of SoCs, when paired with Green Hills Software and its INTEGRITY RTOS, meets emerging automotive safety and cybersecurity requirements while still offering flexible solutions for digital automotive instrument clusters, heads-up displays, and e–mirrors. The Gerda family of SoCs meets the full requirements of mid/low digital instrument clusters, combining multiple rich graphics options with advanced audio/video processing and rapid-start capabilities.

«We appreciate Green Hills Software supporting our products,» said Shigehiro Matsumoto, Director of Visual Sensing Business Group at Nuvoton Technology Corporation Japan. «We look forward to this collaboration which will build good partnerships with Green Hills Software and will enable customers to take advantage of the high-speed performance and ever-evolving features made available on our Gerda series SoC family. We know customers face future challenges in providing their OEMs with cost-effective solutions that also meet emerging safety and security standards, and they will find what they need with this combined offering.»

«Green Hills Software is excited to work with Nuvoton Technology Corporation Japan to demonstrate its innovative approach to the evolving automotive HMI market,» said Matthew Slager, Vice President of Operations for Asia-Pacific at Green Hills Software. «Customers still face challenging safety and security requirements for functions that need to co-exist with high-performance graphical display systems. The combination of our INTEGRITY RTOS and advanced development tools with Nuvoton’s Gerda family of SoCs provides the perfect safe and secure platform for customers to build systems that lower their overall system cost.»

About Nuvoton Technology Corporation Japan
Nuvoton Technology Corporation Japan (NTCJ) joined Nuvoton Group in 2020. As a dedicated global semiconductor manufacturer, NTCJ provides technology and various products cultivated over many years since its establishment, as well as spatial sensing solutions and battery application solutions that optimally combine them. We value relationships with our customers and partners, and by providing added value that exceeds expectations, we are working as a global solution company that solves various issues in society, industry, and people’s lives. For more information, please visit https://www.nuvoton.co.jp/en/.

About Green Hills Software
Founded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture integrated development solutions address deeply embedded, absolute security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom and Asia-Pacific headquarters in Japan. Visit Green Hills Software at www.ghs.com.

Green Hills, the Green Hills logo, and INTEGRITY are trademarks or registered trademarks of Green Hills Software, in the U.S. and/or internationally. Gerda is registered trademark of Nuvoton Technology Corporation Japan, in the U.S. and Japan. All other trademarks are the property of their respective owners.

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SOURCE Green Hills Software

Reliable Planning and Fast Decisions for Development Projects and Digitization Efforts with the New FACTON EPC Solution Project and Service Calculation

TROY, Mich., Jan. 20, 2021 /PRNewswire-PRWeb/ — As a result of the digital transformation, industrial companies are increasingly facing the challenge of integrating new projects with unknown cost variables over specific terms into a cost estimate and quotation costing.

FACTON, manufacturer of the Enterprise Product Costing (EPC) Suite, provides with its new EPC solution Project and Service Calculation an application for the reliable calculation of development costs as well as costs for…

TROY, Mich., Jan. 20, 2021 /PRNewswire-PRWeb/ — As a result of the digital transformation, industrial companies are increasingly facing the challenge of integrating new projects with unknown cost variables over specific terms into a cost estimate and quotation costing.

FACTON, manufacturer of the Enterprise Product Costing (EPC) Suite, provides with its new EPC solution Project and Service Calculation an application for the reliable calculation of development costs as well as costs for intangible goods such as software, service, and maintenance services. With calculations of project and service costs that are globally available, the costs, key performance indicators and risks of a project are transparent at all times. Real-time calculation over the project life cycle offers a competitive advantage.

«Our EPC solution for Project and Service Calculation addresses the challenges of digital transformation with planning reliability and quicker response times. Whether cloud-based services, MRO costs or pure software development, by using FACTON EPC every project and every service can be carefully planned from the beginning as well as controlled and optimized over its lifetime,» says Alexander M. Swoboda, CEO of FACTON.

Users of the EPC software are able to create preliminary calculations in the early phase of product development and in series support using a freely definable project structure, so-called work breakdown structure, as well as over the entire term. Development costs can be taken into account at an early stage in project calculation and quotation preparation. As a result, response times in tenders are significantly shortened. The enterprise solution extends the existing IT landscape and guarantees reliable cost planning with the greatest possible transparency.

Advantages and functions at a glance:

  • Flexibility in costing through freely definable project structures, so-called work breakdown structures, in which several cost items can be gathered and evaluated for each element.
  • Reliable cost evaluation based on expenses as well as allocation rates of the executing cost center of a location or via simple estimation procedures.
  • Increased reliability in determining expenditures by using a three-point estimate to provide the best, most likely, and worst-case estimate.
  • Rapid identification of risks through targeted risk assessment as well as documentation of uncertainties along the project structure.
  • Quality assurance with an automated assessment of calculation-based quality based on risk assessment, complexity level and confidence level, among other things.
  • Flexible planning of large projects or projects with different areas of competence and responsibility by working in subprojects.
  • Easy administration of master data centrally in the application or by import from complementary solutions such as ERP systems.

FACTON (http://www.facton.com) – The FACTON EPC Suite is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering, and electronics industries. Its specific solutions offer robust answers to the requirements of executive management and individual departments within the enterprise. FACTON EPC enables standardized, enterprise-wide costing independent of location and department for maximum product cost transparency throughout every phase of the product lifecycle. FACTON was founded in 1998 and has locations in Potsdam, Dresden, Stuttgart, and Detroit. The international portfolio of customers includes Ford Motor Company, Henniges Automotive, DURA Automotive Systems, Airbus, Mahle Behr, MANN+HUMMEL, Porsche, and other renowned manufacturers.

Media Contact

Katharina Gador, FACTON, +49 1525 52286-18, Katharina.gador@facton.com

 

SOURCE FACTON

Maestro PMS Kicking Off New Year with ‘Training Promo Packages’ and Free Contactless Tools and Services

MARKHAM, Ontario, Jan. 20, 2021 /PRNewswire-PRWeb/ — To help its clients better navigate the new normal, Maestro has embarked on a training initiative that is helping hoteliers adapt to change and meet the demands of today’s vigilant travelers. The…

MARKHAM, Ontario, Jan. 20, 2021 /PRNewswire-PRWeb/ — To help its clients better navigate the new normal, Maestro has embarked on a training initiative that is helping hoteliers adapt to change and meet the demands of today’s vigilant travelers. The provider of cloud and on premises property-management systems to independent and luxury resorts, conference centers, vacation rentals, and multi-property groups is offering a Training Services Package that gives Maestro users the opportunity to experience the full power of its Browser and Windows Version 5.5 PMS that rolled out across its portfolio in 2020.

Maestro Version 5.5 features the latest mobile and contactless software tools and offers security enhancements to better manage the challenges Maestro users are facing entering the new year. The enhanced solution includes:

  • A curbside check-in tool utilizing mobile tablet devices to streamline registration and socially distance staff from guests, and guests from each other;
  • A web/mobile/kiosk/iPad self-check-in module with mobile key integration, express mobile check-out, digital registration card with signature capture, mobile spa provider schedule, mobile intake and waiver forms, and eSignature document management to limit staff interaction with guests and remove high-touch physical documents;
  • A mobile housekeeping app that protects staff by controlling the availability of rooms and setting a configurable 48-hour time gap between the time a guest departs and the next guest arrives;
  • Mobile payment integration;
  • Mobile task management; and
  • A Guest Engagement Measurement (GEM) tool that provides access to relevant guest feedback, intelligence, and insights to encourage operational excellence, meaningful differentiation, and a sustainable competitive advantage.

«Daily we are seeing more and more hotels sign up for this exciting reassurance project,» said Wendy Paul, Maestro Training Services Manager. «Today 100% of our portfolio is using Maestro Version 5.5, and it’s packed with a lot of robust tools that operators have not experienced before. No feature should be overlooked; each is vital to the operational success of hotels today. As properties continue to prepare for travel to return to pre-COVID-19 demand — and as many of our healthy clients begin adding properties to their portfolios — this barrier-free, remote training initiative will equip hoteliers with everything needed to be competitive, meet the contactless demands of travelers, and emerge stronger than before.»

Training Incentives
To ensure that everyone is leveraging V5.5 to its fullest, Maestro is offering one free contactless mobile tool for one property when one day of training is purchased by the hotel. Operators wanting more training can buy a two-day package and receive a complimentary audit of their front desk configuration to maximize productivity or they can add a third day of training at no cost. Those seeking three days of training will receive the complimentary audit, plus the free contactless mobile tool and a 4th day of training at no cost. Maestro users can choose from one of the following free contactless mobile tools, with installation and set-up included: Digital Signature Capture Reg Card, WebPro Pre-Check In, Mobile Housekeeping, or Express Mobile Check Out.

«Most of our clients are opting for the two-day online training package and choosing a free contactless mobile tool,» Paul said. «Each of the four offerings are proving to be attractive incentives, as more and more of our clients know and understand the importance that contactless technology brings to their hotels today. Based on the popularity of this program, we are considering extending it for another 30 days.»

Maestro President Warren Dehan said that providing re-opening assistance to Maestro clients is the company’s top priority. The goal through this training initiative, he said, is three-fold: «First, we want to see if our clients are optimizing Maestro to its fullest potential (which modules and/or features are they using successfully, and which do they need more orientation on and best practices recommendations),» Dehan said. «Second, we want to make sure that hoteliers are aware of the many powerful mobile and contactless add-ons available through Maestro that support the services that today’s travelers are demanding. Third, we want to use the training forum as an opportunity to continue the dialogue with our clients and learn what else we can do to better support them through reopening and beyond. Some operators have questions about onboarding new employees while others want to learn more about mobile payment integration or mobile housekeeping that protects staff by reducing contact with others. Some want options to transition to our full Web browser version of Maestro and host in the cloud. No matter what their questions are, we want to give everyone the reassurances they need that Maestro is here for them today and with them for the future.»

# # #

About Maestro
Maestro is the preferred cloud hosted and on-premises PMS solution for independent hotels, luxury resorts, conference centers, vacation rentals, and multi-property groups. Maestro’s PCI certified and EMV ready enterprise system offers 20+ integrated modules on a single database including touchless and mobile apps to increase profitability, drive direct bookings, centralize operations, and enable operators to engage guests with a safe and personalized experience. For over 43 years Maestro’s Diamond Plus Service has provided unparalleled 24/7 North American based support and education services to keep hospitality groups operational and productive. for more information on Maestro. Click here to get your free PMS Buying guide.

Media Contact

Barbara Worcester, Maestro PMS, 440-930-5770, barbw@prproconsulting.com

 

SOURCE Maestro PMS

Mountain View Hyundai offers discounts on new SUVs, pre-owned models and service specials

RINGGOLD, Ga., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mountain View Hyundai, a dealership serving Chattanooga, Tenn. and the surrounding area from its home base in Ringgold, is currently offering an array of specials on new vehicles, pre-owned vehicles and maintenance. Current <a target="_blank"…

RINGGOLD, Ga., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mountain View Hyundai, a dealership serving Chattanooga, Tenn. and the surrounding area from its home base in Ringgold, is currently offering an array of specials on new vehicles, pre-owned vehicles and maintenance. Current special offers on new models include the ability for customers to get up to $6,500 off the 2020 Hyundai Santa Fe and up to $6,000 off the 2021 Hyundai Tucson. Additionally, the dealership is offering discounts off the Kelly Blue Book prices of used vehicles. Customers who desire more information on any of these current offers can contact Mountain View Hyundai.

To help in taking advantage of the offers on new and pre-owned vehicles, individuals can easily find out their buying power by entering their desired monthly payment amount into a special tool on the dealership website known as autoAPR. Payment amounts on one’s next vehicle can also be calculated using a tool called Reveal without the need for a credit inquiry.

Those in need of maintenance can turn to the variety of service specials currently in play. Prospective customers can save on their next service appointment by making use of currently available parts and service specials, including (a):

  • Free battery test
  • 10% discount on brake inspection and pad replacement
  • $5.00 off an in-cabin air filter change
  • $10.00 off a cooling system check, drain and refill, as well as a general fluid check
  • $10.00 off an oil and filter change
  • Free multi-point inspection
  • $5.00 off Hyundai wiper blades
  • General service savings depending on amount spent

Those interested in any of the special offers above are encouraged to head to the Mountain View Hyundai website http://www.mvhyundai.com. The dealership can also be contacted by phone by dialing 706-671-2581. Those who wear a mask and follow social distancing guidelines may also head to the dealership location itself at 7154 Nashville St., Ringgold.

Media Contact

Don Erwin, Mountain View Hyundai, 706-671-2581, donerwin@mvauto.com

 

SOURCE Mountain View Hyundai

Automotive Lightweight Material Market Size Worth $109.5 Billion By 2027 | CAGR: 7.2%: Polaris Market Research

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The global automotive lightweight material market size is expected to reach USD 109.5 billion by 2027. according to a new study conducted by Polaris Market Research. the market is anticipated to register a CAGR of 7.2% from 2020 to 2027. Increasing stringent policies…

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The global automotive lightweight material market size is expected to reach USD 109.5 billion by 2027. according to a new study conducted by Polaris Market Research. the market is anticipated to register a CAGR of 7.2% from 2020 to 2027. Increasing stringent policies regarding vehicle emission along with fuel economy regulations are some of the key factors that drive major growth for the market. In addition to this, rising government initiatives and campaigns for vehicle weight reduction is another major factor responsible for the rising demand for automotive lightweight material. Key features such as materials provide enhanced strength, less material consumption, low corrosion rate, and increased efficiency for vehicles. Moreover, the introduction of modern electric vehicles has made a huge revolution in the automotive industry, which in turn favoring market growth.

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Key Takeaways for Automotive Lightweight Material Market

  • Growing trend for vehicle electrification rising demand for lightweight materials in developing countries, especially in Asian countries, augmenting significant opportunities for the market players.
  • BEV is dominating the automotive lightweight material market and is expected to grow in the same manner over the forecast period. Rising demand for BEV and an increasing trend for vehicle lightweight supporting the segmental growth.
  • The metallic automotive materials are projected to grow as the largest revenue contributor segment owing to the wide utilization of such materials in vehicle manufacturing, especially for passenger cars and light commercial vehicles.
  • The outbreak of COVID-19 has made a huge impact on vehicle production across the globe, thereby influencing the overall automotive lightweight material industry. However, post-COVID-19, a steady recovery is expected in vehicle production.
  • Tesla, Inc., a leading electric-automobile manufacturer has introduced a new electric vehicle range that includes specialty trucks and passenger cars, is projected to make a huge influence over other manufacturers, which in turn favors the market growth.

The increasing need to improve the performance of the vehicles and optimized the fuel consumption by reducing the vehicle weight is expected to drive the demand for lightweight materials in automotive industry. Furthermore, the growing demand for composites in premium cars to improve vehicle performance and aesthetics is likely to complement demand over the forecast period.

Get Full Research Summary on «Automotive Lightweight Material Market» : https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market

Regional Analysis

North America’s regional market is witnessing a surge in the demand for the last several years and is expected to move ahead as the largest revenue contributing region. Growing developments regarding the emission regulations procedures related to light-duty cars have forced the manufacturer to use light weight material for manufacturing cars, hence fueling the market growth. The Asia Pacific is set to emerge as the second-largest region, with a surge in requirements from major economies such as China, Japan, and India. Stringent policies from local authorities for automotive sectors have also contributed to the regional growth of the automotive lightweight material market.

Market Participants:

BASF, Convestro, Toray, Borealis, WHB Brasil, Lyondell Basell, ThyssenKrupp AG, Owens Corning, Alcoa Corporation, ArcelorMittal, Stratasys Ltd., LANXESS, Aleris Corporation, POSCO, SGL Carbon, AK Steel Corporation, and Novelis.. are some of the leading companies working in the global automotive lightweight material market. The market has become highly competitive as major international companies started investing in the industry. The industry is witnessing several key strategic collaborations among leading players to gain a competitive edge.

Target Audience :

  • Supply Side: Manufacturer, distributor, and Supplier of Automotive Lightweight Material
  • Demand Side: Automobile Companies
  • Regulatory Side: Pipeline and Hazardous Materials Safety Administration (PHMSA)

Have Any Query Or Specific Requirement? Feel Free To Ask Our Industry Experts At : https://www.polarismarketresearch.com/industry-analysis/automotive-lightweight-material-market/speak-to-analyst

Polaris Market Research has segmented the automotive lightweight materials market report on the basis of vehicle type, material type, application, and region

Automotive Lightweight Material, Vehicle Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Passenger Cars
  • LCV
  • HCV

Automotive Lightweight Material, Material Type Outlook (Revenue – USD Million, 2016 – 2027)

  • Metal
  • Polymers
  • Composites
  • Elastomers

Automotive Lightweight Material, Application Outlook (Revenue – USD Million, 2016 – 2027)

  • Powertrain & Chassis
  • Engine & Mechanical
  • Exterior & Structural
  • Interior
  • HVAC & Electrical
  • Others

Automotive Lightweight Material, Regional Outlook (Revenue – USD Million, 2016 – 2027)

  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Spain, Netherlands, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

List of Key Players of Automotive Lightweight Material Market

  • BASF
  • Convestro
  • Toray
  • Borealis
  • WHB Brasil
  • Lyondell Basell
  • ThyssenKrupp AG
  • Alcoa Corporation
  • Aleris Corporation
  • AK Steel Corporation

Find more research reports on Automotive and Transportation Industry by PMR

Lightweight Materials Market Share, Size & Trends Analysis Report by Product (Metal Alloys, Composites, Polymers); By Application (Aerospace, Automotive, Construction, Energy, Aviation); By Region: Market Size and Segment Forecast, 2019 – 2026

Electric Vehicles (EV) Market By Product Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle); By Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles); By Power Source (Stored Electricity, On-Board Electric Generator); By Regions, Segments & forecast, 2018 – 2026

Lithium-Ion Battery Cathode Market Share, Size, Trends, Industry Analysis Report, By Chemical Composition (Lithium Cobalt Oxide, Lithium Manganese Oxide, Lithium Nickel Manganese Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Cobalt Aluminum Oxide); By Cell Type; By End Use; By Regions; Segment Forecast, 2020 – 2027

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

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SOURCE Polaris Market Research

Glassy Looping Rocket Receives 2020 Park World Excellence Award

KOCAELI, Turkey, Jan. 20, 2021 /PRNewswire/ — Polin Waterparks is delighted and proud to announce that its Glassy Looping Rocket, the world’s first fully transparent composite waterslide, has been chosen as the winner of Best Product Innovation at the Park World Excellence Awards 2020!

<img id="prnejpg9605left" title="Glassy Looping Rocket Receives 2020 Park World Excellence Award" border="0" alt="Glassy Looping…

KOCAELI, Turkey, Jan. 20, 2021 /PRNewswire/ — Polin Waterparks is delighted and proud to announce that its Glassy Looping Rocket, the world’s first fully transparent composite waterslide, has been chosen as the winner of Best Product Innovation at the Park World Excellence Awards 2020!

Glassy Looping Rocket Receives 2020 Park World Excellence Award

The Park World Excellence Awards were launched by Datateam Business Media, publisher of British theme park magazine Park World, in 2018 to celebrate Europe’s most outstanding parks, projects, rides and attractions. This year, the ceremony took place as a virtual event due to the COVID-19 pandemic. The online Park World Excellence Awards ceremony was hosted on the dedicated awards website on Tuesday, 8 December 2020.

In 2018, Glassy, Polin’s new transparent composite, was officially previewed at a number of industry trade shows, including the IAAPA Expo in Orlando. As a result of Polin’s dedication to innovation, the industry now has its first fully transparent composite waterslide, satisfying the need for a premium quality, function, and price-advantaged solution compared to the transparent acrylic components that most ride manufacturers typically use.

In the middle of the COVID pandemic, Polin Waterparks worked on installations at many parks worldwide, including the one featuring this ground-breaking innovation. Now, as of July 2020, the world’s first fully transparent composite Looping Rocket waterslide can be found at Candyland Waterpark, Vogue Hotel, in Bodrum, Turkey.

The Looping Rocket is a high-adrenaline ride that, with the fully transparent Glassy option, becomes even more intense. Riders can expect one of the highest and most adrenaline-filled drops possible to experience.

During the Park World Excellence Awards, Polin Waterparks was nominated in several categories, with its Glassy Looping Rocket ultimately being recognized as winner of the Best Product Innovation Award. Park World isn’t the only entity to recognize the uniqueness of Polin’s Glassy Looping Rocket, however. Last month, Kirmes & Park Revue magazine awarded the Glassy Looping Rocket as among «Europe’s Best New Water Slides.»

Polin’s Director of Marketing and Communications, Sohret Pakis, said that receiving the award was a great honor for the company.

«Polin Waterparks would like to thank all award-jury members for their support, and we are so proud that they chose to bestow this distinction on our newest innovation. We believe the Glassy Looping Rocket is a breakthrough for the entire aquatics industry, and for it to already be receiving awards simply makes us that much prouder,» she noted.

Pakis added that she has been impressed with how quickly the Park World awards have gained esteem within the theme park and aquatic-attractions industry since their inception. «The prestigious acclaim that this award has already risen to makes it that much more important to our company in having received this honor,» she said. «We are so happy to be included among the industry’s best, and we congratulate all the winners.»

Being a trendsetter in the aquatics industry

As an official R&D center and a pioneer in the field of innovative advancement and application of closed-molded manufacturing technology in waterslide development, Polin Waterparks continues to focus on innovation in composite manufacturing technologies.

The core of Polin Waterpark’s R&D strategy is its concentration on financial, customer and process perspectives with particular emphasis on learning, dissemination and innovation. Polin proved its dedication to these aspects of R&D when the company pioneered the advancement and application of light resin transfer molding (LRTM) in waterslide manufacturing. In 2006, it converted 100 percent of its fiberglass production to LRTM, a first in the aquatic-attractions industry.

This development raised the bar for the entire waterpark industry. Since then, Polin has regularly introduced new innovations, including the development of special lighting effects, patterned and transparent composite, sound-integrated components, wooden and metallic finishes, three-dimensional waterslides and unique slide designs.

More on Polin Waterparks

Polin was founded in Istanbul in 1976 and has since grown into a leading company in the waterparks industry. Today Polin is a world leader in the design, production and installation of water parks and water-play attractions. Polin has completed 3,500 waterpark projects in 109 countries around the world and is the biggest waterslide supplier in Eurasia. Working with a wide variety of clients has helped Polin reach several milestones including installing the first waterparks in many countries and many other award-winning rides at parks with world-renowned reputations.

For more info, visit www.polin.com.tr or contact Sohret Pakis at +90 262 656 64 67 or sohret.pakis@polin.com.tr .

Polin Waterparks is a Polin Group Company

Photo: https://mma.prnewswire.com/media/1423483/Polin_Waterparks_GLR.jpg

Glassy Looping Rocket Receives 2020 Park World Excellence Award

KOCAELI, Turkey, Jan. 20, 2021 /PRNewswire/ — Polin Waterparks is delighted and proud to announce that its Glassy Looping Rocket, the world’s first fully transparent composite waterslide, has been chosen as the winner of Best Product Innovation at the Park World Excellence Awards 2020!

<a href="https://mma.prnewswire.com/media/1423483/Polin_Waterparks_GLR.html" target="_blank"…

KOCAELI, Turkey, Jan. 20, 2021 /PRNewswire/ — Polin Waterparks is delighted and proud to announce that its Glassy Looping Rocket, the world’s first fully transparent composite waterslide, has been chosen as the winner of Best Product Innovation at the Park World Excellence Awards 2020!

The Park World Excellence Awards were launched by Datateam Business Media, publisher of British theme park magazine Park World, in 2018 to celebrate Europe’s most outstanding parks, projects, rides and attractions. This year, the ceremony took place as a virtual event due to the COVID-19 pandemic. The online Park World Excellence Awards ceremony was hosted on the dedicated awards website on Tuesday, 8 December 2020.

In 2018, Glassy, Polin’s new transparent composite, was officially previewed at a number of industry trade shows, including the IAAPA Expo in Orlando. As a result of Polin’s dedication to innovation, the industry now has its first fully transparent composite waterslide, satisfying the need for a premium quality, function, and price-advantaged solution compared to the transparent acrylic components that most ride manufacturers typically use.

In the middle of the COVID pandemic, Polin Waterparks worked on installations at many parks worldwide, including the one featuring this ground-breaking innovation. Now, as of July 2020, the world’s first fully transparent composite Looping Rocket waterslide can be found at Candyland Waterpark, Vogue Hotel, in Bodrum, Turkey.

The Looping Rocket is a high-adrenaline ride that, with the fully transparent Glassy option, becomes even more intense. Riders can expect one of the highest and most adrenaline-filled drops possible to experience.

During the Park World Excellence Awards, Polin Waterparks was nominated in several categories, with its Glassy Looping Rocket ultimately being recognized as winner of the Best Product Innovation Award. Park World isn’t the only entity to recognize the uniqueness of Polin’s Glassy Looping Rocket, however. Last month, Kirmes & Park Revue magazine awarded the Glassy Looping Rocket as among «Europe’s Best New Water Slides.»

Polin’s Director of Marketing and Communications, Sohret Pakis, said that receiving the award was a great honor for the company.

«Polin Waterparks would like to thank all award-jury members for their support, and we are so proud that they chose to bestow this distinction on our newest innovation. We believe the Glassy Looping Rocket is a breakthrough for the entire aquatics industry, and for it to already be receiving awards simply makes us that much prouder,» she noted.

Pakis added that she has been impressed with how quickly the Park World awards have gained esteem within the theme park and aquatic-attractions industry since their inception. «The prestigious acclaim that this award has already risen to makes it that much more important to our company in having received this honor,» she said. «We are so happy to be included among the industry’s best, and we congratulate all the winners.»

Being a trendsetter in the aquatics industry

As an official R&D center and a pioneer in the field of innovative advancement and application of closed-molded manufacturing technology in waterslide development, Polin Waterparks continues to focus on innovation in composite manufacturing technologies.

The core of Polin Waterpark’s R&D strategy is its concentration on financial, customer and process perspectives with particular emphasis on learning, dissemination and innovation. Polin proved its dedication to these aspects of R&D when the company pioneered the advancement and application of light resin transfer molding (LRTM) in waterslide manufacturing. In 2006, it converted 100 percent of its fiberglass production to LRTM, a first in the aquatic-attractions industry.

This development raised the bar for the entire waterpark industry. Since then, Polin has regularly introduced new innovations, including the development of special lighting effects, patterned and transparent composite, sound-integrated components, wooden and metallic finishes, three-dimensional waterslides and unique slide designs.

More on Polin Waterparks

Polin was founded in Istanbul in 1976 and has since grown into a leading company in the waterparks industry. Today Polin is a world leader in the design, production and installation of water parks and water-play attractions. Polin has completed 3,500 waterpark projects in 109 countries around the world and is the biggest waterslide supplier in Eurasia. Working with a wide variety of clients has helped Polin reach several milestones including installing the first waterparks in many countries and many other award-winning rides at parks with world-renowned reputations.

For more info, visit www.polin.com.tr or contact Sohret Pakis at +90 262 656 64 67 or sohret.pakis@polin.com.tr .

Polin Waterparks is a Polin Group Company

Photo: https://mma.prnewswire.com/media/1423483/Polin_Waterparks_GLR.jpg

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SOURCE Polin Waterparks

UV Sanitizer Travel Wand Market Size Worth $209.9 Million By 2027: Grand View Research, Inc.

SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ —  The global UV sanitizer travel wand market size is anticipated to reach USD 209.9 million by 2027, according to a new report by Grand View Research,…

SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ —  The global UV sanitizer travel wand market size is anticipated to reach USD 209.9 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.6% from 2020 to 2027. The increasing rate of infectious diseases in hospitals, low power consumption, and ease of portability for cleaning small objects in the home and commercial spaces are major factors driving the product demand. Increasing usage of the product in order to prevent cross-contamination and reduce pathogens, bacteria, and germs on objects is acting as a major driver for the market.

Grand_View_Research_Logo

Key suggestions from the report:

  • The residential application segment dominated the market with a share of 63.1% in 2019
  • The online distribution channel is expected to expand at the fastest CAGR of 13.6% from 2020 to 2027
  • Asia Pacific is expected to witness the fastest growth over the forecast period with a revenue-based CAGR of 13.9% from 2020 to 2027

Read 80 page research report with ToC on «UV Sanitizer Travel Wand Market Size, Share & Trends Analysis Report By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/uv-sanitizer-travel-wand-market

Companies in the market are focusing on gaining market share by increasing expenditure on advertising via social media and introducing new products in the market. For instance, in June 2020, Spark Innovation LLC launched a new UV travel wand with a light wavelength of 240-280nm and is certified by FCC, CE, and RoSH. Additionally, to save power and improve safety, the travel wand has a smart auto timing off in 180 seconds and an extra thoughtful Child lock to avoid kids’ misuse. This factor is acting as a major driver for the market.

The recent outbreak of coronavirus disease (Covid-19) is estimated to increase the adoption of UV sanitizer travel wand among consumers. In terms of application, the residential segment held the largest share in 2019 and is estimated to be the fastest-growing segment from 2020 to 2027. Rising awareness among consumers pertaining to a number of infectious bacteria present on the daily used objects is acting as a major driver for increasing the adoption of UV sanitizer travel wand. The commercial segment is estimated to witness growth in the coming years owing to rising demand from the healthcare sector. As per Shenzhen UVLED Optical Technology Co. Ltd., from January to February 2020, the company’s brand 59S has sold over 8000 units per day and 1000+ hospitals were using the company’s brand 59S UV travel wand owing to the recent outbreak of Covid-19 in China.

The offline distribution channel dominated the market with a revenue-based share of 69.3% in 2019. Brick and mortar is the most preferred distribution channel due to their provision of detailed instructions about usability by the product specialists. Many consumers in the market prefer purchasing from the stores to find the right fit as per their convenience and get the right product as per their needs.

North America dominated the market with a revenue-based share of 40.5% in 2019. Demand in the region is high as consumers in the region are more aware and willing to spend on innovative and value-added products. Mature and higher expenditure power of the healthcare sector in this region is resulting in increasing adoption of products to reduce the number of hospital infectious diseases.

Grand View Research has segmented the global UV sanitizer travel wand market based on application, distribution channel, and region:

  • UV Sanitizer Travel Wand Application Outlook (Revenue, USD Million, 2016 – 2027)
    • Residential
    • Commercial
  • UV Sanitizer Travel Wand Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)
    • Online
    • Offline
  • UV Sanitizer Travel Wand Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • Italy
    • Asia Pacific
      • China
      • Japan
    • Rest of the World
      • Brazil

List of Key Players of UV Sanitizer Travel Wand Market

  • Shenzhen VH Technology Co., Ltd.
  • Shenzhen UVLED Optical Technology Co. Ltd.
  • Verilux Inc.
  • UV Sanitizer Direct
  • The UVlizer
  • SterilizerNow
  • SmartChoi4U
  • Life Safety Services
  • Steri-Wand
  • ANPEI smart medical device technology (ShenZhen) Co., Ltd.

Find more research reports on Electronic & Electrical Industry, by Grand View Research:

  • Electronic Weighing Machines Market – Global electronic weighing machines market size was valued at USD 3.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2020 to 2027.
  • Smart Home Appliances Market – Global smart home appliances market size was valued at USD 32.30 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% from 2020 to 2027.
  • Smartphone Sanitizer Market – Global smartphone sanitizer market size was valued at USD 105.1 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 2020 to 2027.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter 

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

UV Sanitizer Travel Wand Market Size Worth $209.9 Million By 2027: Grand View Research, Inc.

SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ —  The global UV sanitizer travel wand market size is anticipated to reach USD 209.9 million by 2027, according to a new report by Grand View Research,…

SAN FRANCISCO, Jan. 20, 2021 /PRNewswire/ —  The global UV sanitizer travel wand market size is anticipated to reach USD 209.9 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.6% from 2020 to 2027. The increasing rate of infectious diseases in hospitals, low power consumption, and ease of portability for cleaning small objects in the home and commercial spaces are major factors driving the product demand. Increasing usage of the product in order to prevent cross-contamination and reduce pathogens, bacteria, and germs on objects is acting as a major driver for the market.

Grand_View_Research_Logo

Key suggestions from the report:

  • The residential application segment dominated the market with a share of 63.1% in 2019
  • The online distribution channel is expected to expand at the fastest CAGR of 13.6% from 2020 to 2027
  • Asia Pacific is expected to witness the fastest growth over the forecast period with a revenue-based CAGR of 13.9% from 2020 to 2027

Read 80 page research report with ToC on «UV Sanitizer Travel Wand Market Size, Share & Trends Analysis Report By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/uv-sanitizer-travel-wand-market

Companies in the market are focusing on gaining market share by increasing expenditure on advertising via social media and introducing new products in the market. For instance, in June 2020, Spark Innovation LLC launched a new UV travel wand with a light wavelength of 240-280nm and is certified by FCC, CE, and RoSH. Additionally, to save power and improve safety, the travel wand has a smart auto timing off in 180 seconds and an extra thoughtful Child lock to avoid kids’ misuse. This factor is acting as a major driver for the market.

The recent outbreak of coronavirus disease (Covid-19) is estimated to increase the adoption of UV sanitizer travel wand among consumers. In terms of application, the residential segment held the largest share in 2019 and is estimated to be the fastest-growing segment from 2020 to 2027. Rising awareness among consumers pertaining to a number of infectious bacteria present on the daily used objects is acting as a major driver for increasing the adoption of UV sanitizer travel wand. The commercial segment is estimated to witness growth in the coming years owing to rising demand from the healthcare sector. As per Shenzhen UVLED Optical Technology Co. Ltd., from January to February 2020, the company’s brand 59S has sold over 8000 units per day and 1000+ hospitals were using the company’s brand 59S UV travel wand owing to the recent outbreak of Covid-19 in China.

The offline distribution channel dominated the market with a revenue-based share of 69.3% in 2019. Brick and mortar is the most preferred distribution channel due to their provision of detailed instructions about usability by the product specialists. Many consumers in the market prefer purchasing from the stores to find the right fit as per their convenience and get the right product as per their needs.

North America dominated the market with a revenue-based share of 40.5% in 2019. Demand in the region is high as consumers in the region are more aware and willing to spend on innovative and value-added products. Mature and higher expenditure power of the healthcare sector in this region is resulting in increasing adoption of products to reduce the number of hospital infectious diseases.

Grand View Research has segmented the global UV sanitizer travel wand market based on application, distribution channel, and region:

  • UV Sanitizer Travel Wand Application Outlook (Revenue, USD Million, 2016 – 2027)
    • Residential
    • Commercial
  • UV Sanitizer Travel Wand Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)
    • Online
    • Offline
  • UV Sanitizer Travel Wand Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • Italy
    • Asia Pacific
      • China
      • Japan
    • Rest of the World
      • Brazil

List of Key Players of UV Sanitizer Travel Wand Market

  • Shenzhen VH Technology Co., Ltd.
  • Shenzhen UVLED Optical Technology Co. Ltd.
  • Verilux Inc.
  • UV Sanitizer Direct
  • The UVlizer
  • SterilizerNow
  • SmartChoi4U
  • Life Safety Services
  • Steri-Wand
  • ANPEI smart medical device technology (ShenZhen) Co., Ltd.

Find more research reports on Electronic & Electrical Industry, by Grand View Research:

  • Electronic Weighing Machines Market – Global electronic weighing machines market size was valued at USD 3.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% from 2020 to 2027.
  • Smart Home Appliances Market – Global smart home appliances market size was valued at USD 32.30 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% from 2020 to 2027.
  • Smartphone Sanitizer Market – Global smartphone sanitizer market size was valued at USD 105.1 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 2020 to 2027.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter 

 

Cision View original content:http://www.prnewswire.com/news-releases/uv-sanitizer-travel-wand-market-size-worth-209-9-million-by-2027-grand-view-research-inc-301211571.html

SOURCE Grand View Research, Inc.