Unipart Logistics wins major safety award for 10th consecutive year

OXFORD, Jan. 11, 2021 /PRNewswire/ — Unipart Logistics, a division of the Unipart Group of companies, has won the prestigious Sword of Honour award for world-class safety for the 10th consecutive year. The award, which is presented by the British Safety Council, is recognised as the pinnacle of achievement in the world of health and safety management.

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OXFORD, Jan. 11, 2021 /PRNewswire/ — Unipart Logistics, a division of the Unipart Group of companies, has won the prestigious Sword of Honour award for world-class safety for the 10th consecutive year. The award, which is presented by the British Safety Council, is recognised as the pinnacle of achievement in the world of health and safety management.

Unipart Rail, the company’s rail division, was also awarded a Sword of Honour, taking Unipart Group’s combined total ‘Swords’ to nearly 60 since 2011, more than any other organisation in its sector.

The British Safety Council recognised Unipart Logistics once again after an impressive 98.24% score in an extensive audit across sites.

The auditor commented: «Unipart Logistics is a progressive organisation who work with their staff to develop inspirational and visionary leaders.» 

Andy Pyne, Unipart Logistics Operations Director, said: «To achieve this year’s Sword of Honour, Unipart Logistics demonstrated senior level leadership and sponsorship in influencing behaviours both within the organisation and with our stakeholders and supply chain. 

«This was particularly important in 2020 as we implemented extensive risk management programmes to manage the pandemic, utilising digital technologies to enable us to ensure implementation and monitor the effectiveness of our Covid-Secure programme, which was implemented well ahead of government requirements. 

«The use of digital technologies for auditing and trend analysis had been expanding before the pandemic and has strengthened the whole health and safety management system. This enabled us to improve processes, reduce risk, and increase behavioural compliance. 

«As we have many sites internationally, it is vital that we give each site general manager a roadmap to grow his or her site’s behavioural safety culture. This ensures continuous improvement and enables us to share best practice very quickly using tools like the Digital Communication Cells. 

«These powerful information portals provide teams with up-to-the minute business data vital for day-to-day activity. They make it possible for teams to meet virtually anywhere across the globe, and review performance data in real time, working together to solve problems and access important news and information. An important addition to the Digital Communication Cell was the Covid-S application which recorded and measured employee safety concerns in real time for every team.

«The enhanced communication stemming from Unipart’s WorkWell employee wellbeing programme has also been particularly important this year, raising awareness of mental, physical, financial and emotional health.» 

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Contact:
Alistair Drummond,
alistair.drummond@unipart.com,
tel: +44 (0)1865 383068

 

 

Frost & Sullivan Selects magniX for the Technology Innovation Leadership Award

Revolutionary in its approach, magniX is recognized for leading the development of electric propulsion technology and its impact on the transportation industry at large

EVERETT, Wash., Jan. 11, 2021 /PRNewswire/ — magniX has been selected to receive the prestigious <a target="_blank"…

Revolutionary in its approach, magniX is recognized for leading the development of electric propulsion technology and its impact on the transportation industry at large

EVERETT, Wash., Jan. 11, 2021 /PRNewswire/ — magniX has been selected to receive the prestigious Frost & Sullivan Technology Innovation Leadership Award for 2020. Recognizing magniX’s commitment to innovation and creativity in its electric propulsion technology and business impact, the award signifies a momentous capstone to a year of accomplishments for magniX in 2020.

magniX Logo

«magniX has shown a sustainable and innovative approach to its technology and application diversity, as well as its superior technical capabilities that set it apart from the competition,» said Abhigyan Tathagat Senior Analyst at Frost & Sullivan. «With its overall strong performance, magniX has impressive client relationships and installations with leading fleet operators and aircraft manufacturers, demonstrating its reliability and business acumen in the aviation industry. We are pleased to present the Frost & Sullivan 2020 Technology Innovation Leadership Award to a company that is creating state-of-the-art technology in electric propulsion.»

Through in-depth and extensively researched analysis, Frost & Sullivan industry analysts evaluate companies in two key categories: technology leverage and business impact. The award process measures how companies demonstrate leading development and successfully introducing high-tech solutions to customers’ most pressing needs, all while making a profound impact on the industry or business landscape where they operate.

magniX is recognized for its innovative electric propulsions systems that display high client value by addressing the key fuel efficiency and emissions-related challenges that conventional jet fuel applications present across the aviation industry.

«2020 brought many challenges, but also a wealth of opportunity for the aviation industry,» said Roei Ganzarski, CEO of magniX. «At magniX, we are grateful that our vision to change how the world views transportation achieved significant milestones despite a turbulent year. We are honored by this recognition from Frost & Sullivan and we are more motivated than ever to transform the commercial aviation landscape to a more sustainable one, without compromise.»

magniX is leading the charge in sustainable aviation and launched several firsts in 2020 alone, including flying the world’s largest all-electric commercial aircraft, the eCaravan, in May; selected by Universal Hydrogen to develop the world’s largest hydrogen-fueled commercial aircraft; opening up electric aviation to Australia, New Zealand, and the Greater Pacific with Sydney Seaplanes; and being chosen to provide electric propulsion to UK-based Faradair Aerospace as it introduces its BEHA aircraft.

About magniX
Based in Everett, Washington, magniX is on a mission to lead the commercial aerospace and defense industry by providing high-performance, reliable, and environmentally friendly propulsion solutions. Through its proprietary technology, magniX offers a range of revolutionary electric propulsion solutions, including motors and power electronics, which produce zero emissions at lower operating costs. For more information, please visit: www.magnix.aero.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, helps clients accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s growth team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages nearly 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on 6 continents. To join Frost & Sullivan’s Growth Partnership, visit http://www.frost.com.

Media Contacts
Barokas Communications for magniX
magniX@barokas.com 

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EDMO Distributors Celebrates Golden Anniversary

SPOKANE, Wash., Jan. 11, 2021 /PRNewswire/ — EDMO Distributors, Inc. is celebrating 50 years of being a global leader in the distribution of test equipment, avionics, and installation supplies. 

SPOKANE, Wash., Jan. 11, 2021 /PRNewswire/ — EDMO Distributors, Inc. is celebrating 50 years of being a global leader in the distribution of test equipment, avionics, and installation supplies. 

«EDMO has been able to adapt to an ever-changing market and continues to prove itself as a provider of world-class customer service and products. We look forward to many more years of continued success.»

«EDMO has enjoyed an incredible half-century of supporting the aviation community,» said EDMO’s president, Mike Schmidt. «There’s no question that our longevity is possible solely through the contributions of the many talented individuals we’ve been fortunate enough to call teammates. We also appreciate the rich relationships we have with our vendor partners—some of whom have been with us from the very beginning.»

From the company’s inception, the underlying principles driving the business emphasized quality products and exceptional service. Today, EDMO maintains that vision while representing more than 300 manufacturers and serving commercial, corporate, military, and general aviation customers in the fixed-wing and rotor markets.

EDMO’s core values define the company’s culture of dazzling its customers, remaining positive, taking ownership, doing the right thing, and insisting on the higher standard—all while enjoying the ride. This focus creates an environment where the team is able to build lasting value for both customers and vendors by nurturing customer relationships, developing innovative services, and delivering top-quality products and service.

«It’s amazing to be part of the aviation industry from the days where avionics systems were a conglomeration of multiple components made by several different manufacturers and then witness the evolution to today’s comprehensive and fully integrated solutions,» says Schmidt. «EDMO has been able to adapt to an ever-changing market and continues to prove itself as a provider of world-class customer service and products. We look forward to many more years of continued success.»

About EDMO Distributors, Inc.
Based in Spokane, Washington, EDMO Distributors has secured a reputation as one of the most reliable sources for aircraft electronics, test equipment, installation supplies, wire and cable, tooling, and pilot supplies. EDMO’s commitment to providing the best service and the largest selection possible has made it a company that customers count on and trust. EDMO maintains a stringent quality control system and is an ISO 9001:2008/AS9120 registered company. Visit edmo.com for more information.

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SOURCE EDMO Distributors Inc.

Frost & Sullivan Selects magniX for the Technology Innovation Leadership Award

EVERETT, Wash., Jan. 11, 2021 /PRNewswire/ — magniX has been selected to receive the prestigious Frost & Sullivan Technology Innovation…

EVERETT, Wash., Jan. 11, 2021 /PRNewswire/ — magniX has been selected to receive the prestigious Frost & Sullivan Technology Innovation Leadership Award for 2020. Recognizing magniX’s commitment to innovation and creativity in its electric propulsion technology and business impact, the award signifies a momentous capstone to a year of accomplishments for magniX in 2020.

«magniX has shown a sustainable and innovative approach to its technology and application diversity, as well as its superior technical capabilities that set it apart from the competition,» said Abhigyan Tathagat Senior Analyst at Frost & Sullivan. «With its overall strong performance, magniX has impressive client relationships and installations with leading fleet operators and aircraft manufacturers, demonstrating its reliability and business acumen in the aviation industry. We are pleased to present the Frost & Sullivan 2020 Technology Innovation Leadership Award to a company that is creating state-of-the-art technology in electric propulsion.»

Through in-depth and extensively researched analysis, Frost & Sullivan industry analysts evaluate companies in two key categories: technology leverage and business impact. The award process measures how companies demonstrate leading development and successfully introducing high-tech solutions to customers’ most pressing needs, all while making a profound impact on the industry or business landscape where they operate.

magniX is recognized for its innovative electric propulsions systems that display high client value by addressing the key fuel efficiency and emissions-related challenges that conventional jet fuel applications present across the aviation industry.

«2020 brought many challenges, but also a wealth of opportunity for the aviation industry,» said Roei Ganzarski, CEO of magniX. «At magniX, we are grateful that our vision to change how the world views transportation achieved significant milestones despite a turbulent year. We are honored by this recognition from Frost & Sullivan and we are more motivated than ever to transform the commercial aviation landscape to a more sustainable one, without compromise.»

magniX is leading the charge in sustainable aviation and launched several firsts in 2020 alone, including flying the world’s largest all-electric commercial aircraft, the eCaravan, in May; selected by Universal Hydrogen to develop the world’s largest hydrogen-fueled commercial aircraft; opening up electric aviation to Australia, New Zealand, and the Greater Pacific with Sydney Seaplanes; and being chosen to provide electric propulsion to UK-based Faradair Aerospace as it introduces its BEHA aircraft.

About magniX
Based in Everett, Washington, magniX is on a mission to lead the commercial aerospace and defense industry by providing high-performance, reliable, and environmentally friendly propulsion solutions. Through its proprietary technology, magniX offers a range of revolutionary electric propulsion solutions, including motors and power electronics, which produce zero emissions at lower operating costs. For more information, please visit: www.magnix.aero.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, helps clients accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s growth team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages nearly 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 45 offices on 6 continents. To join Frost & Sullivan’s Growth Partnership, visit http://www.frost.com.

Media Contacts
Barokas Communications for magniX
magniX@barokas.com 

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SOURCE magniX

Head-up Display Market worth $4.6 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Head-up Display Market with COVID-19 Impact Analysis by Component (Video Generator, Projector/Projection Unit, Display Unit, Software), Type (Conventional HUD, AR-Based HUD), Application (Aviation, Automotive), and Geography – Global Forecast to 2025″, published by MarketsandMarkets™, the Head-up Display Market is projected to grow from USD 1.3 billion in 2020 to <span…

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Head-up Display Market with COVID-19 Impact Analysis by Component (Video Generator, Projector/Projection Unit, Display Unit, Software), Type (Conventional HUD, AR-Based HUD), Application (Aviation, Automotive), and Geography – Global Forecast to 2025″, published by MarketsandMarkets™, the Head-up Display Market is projected to grow from USD 1.3 billion in 2020 to USD 4.6 billion by 2025; it is expected to grow at a CAGR of 28.5% from 2020 to 2025. The increase in awareness about passenger and vehicle safety, the convenience offered by a combination of satellite navigation technology & HUD system, increasing demand for connected vehicles, increasing demand for technologically advanced HUDs, and growth of the augmented reality market are the key factors driving the head-up display market growth.

MarketsandMarkets

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=684

Projector units to lead the head-up display component market during the forecast period

The projector is a major part of HUD as it projects the information on a transparent windshield. In early HUDs, refraction was used for projecting images in the projector, whereas in modern HUDs, reflection is used to project the image. Projection units use cathode ray tubes, LEDs, or liquid crystal displays to project the image. Projection units can be adjusted either below or above combiners. Projector projects image through the laser beam. Projector units are expected to lead the overall head-up display market.

Market for AR-based head-up displays projected to grow at a higher CAGR during the forecast period

Technological advancements, as well as increasing consumer demand for advanced safety functions, are expected to drive the AR-based HUD market. Monitoring multiple in-vehicle displays while driving can trigger mishaps on the road. To reduce cognitive workload while driving, AR-based HUD systems can reduce distraction and make driving safer. Driver information, assistance, and attention management can be viewed, along with real-time traffic conditions, on the windshield in the driver’s line of sight.

Browse in-depth TOC on «Head-up Display Market«

128 – Tables
64 – Figures
190 – Pages

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=684

APAC to lead the head-up display market during the forecast period

APAC is expected to exhibit strong growth in the next few years owing to the significant contribution of Japan, China, and South Korea in the growth of HUD market. The strong growth of the automotive application in China and Japan is projected to boost the automotive market in the APAC region.

Major vendors in the head-up display market include Bosch (Germany), Nippon Seiki Co., Ltd. (Japan), Continental AG (Germany), Visteon Corporation (US), Denso Corporation (Japan), Panasonic Corporation (Japan), BAE Systems (UK), Pioneer Corporation (Japan), Yazaki (Japan), and Garmin (US).

Related Reports:

Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), Software), Device Type (Head-mounted, Head-up), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Region – Global Forecast to 2024

Virtual Reality Market with COVID-19 Impact Analysis by Offering (Hardware and Software), Technology, Device Type (Head-Mounted Display, Gesture-Tracking Device), Application (Consumer, Commercial, Enterprise, Healthcare) and Geography – Global Forecast to 2025

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/head-up-display-hud-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source:  https://www.marketsandmarkets.com/PressReleases/head-up-display.asp 

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FIA Smart Driving Challenge to Hong Kong

STOCKHOLM, Jan. 11, 2021 /PRNewswire/ — During January to February this year Hong Kong Automobile Association will run its own FIA Smart Driving Challenge. The competition will be launched in cooperation with the automotive community in Hong Kong to engage, inspire, and encourage everyday motorist to drive safer and more climate efficient.

The «FIA HKAA Smart Driving Challenge Hong Kong 2021» will be presented by CHALLENGER Auto Services and will…

STOCKHOLM, Jan. 11, 2021 /PRNewswire/ — During January to February this year Hong Kong Automobile Association will run its own FIA Smart Driving Challenge. The competition will be launched in cooperation with the automotive community in Hong Kong to engage, inspire, and encourage everyday motorist to drive safer and more climate efficient.

The «FIA HKAA Smart Driving Challenge Hong Kong 2021» will be presented by CHALLENGER Auto Services and will connect all parts of the automotive and mobility community – including racing stars, car clubs, and everyday drivers – in a join mission to make driving safe, sustainable, fun and accessible to everyone.

This is the first competition ever in smart driving in Hong Kong. The challenge invites all car drivers with a valid driving license, and all types of cars (electric, hybrid or fuel) can be used during the competition.

«We’re excited to run this engaging concept and innovative competition in Hong Kong. The entertaining app challenge makes participants aware of their driving habits in a fun way and promotes the greater purpose of safe and sustainable mobility in the community. We look forward to executing a successful event and working with FIA to promote the innovative platform.» – Says Dr. Ringo Lee, President, Hong Kong Automobile Association

The FIA Smart Driving Challenge is an initiative by FIA in conjunction with Greater Than, which provides the underlying AI technology Enerfy and the FIA Smart Driving Challenge app that measure participants ability to drive smartly. Enerfy uses Artificial Intelligence (AI) to evaluate driving patterns in real-time during the heats and instantly identifies the level of safely, sustainably and smartly driving per each participant.

«Running a regionally based initiative like this in Hong Kong is very exciting. Hong Kong is a new market for us, and the challenge can contribute to a tremendous impact on the matter of decreasing CO2 emission and increased road safety. We’re thrilled to make it happen.» – Says Johan Forseke, Head of Southeast Asia, Greater Than

About FIA Smart Driving Challenge

The FIA Smart Driving Challenge (SDC) is a worldwide initiative that rewards smart, safe and eco-friendly driving. The challenge was created by the FIA to encourage and challenge everyday motorists to adopt smarter, cleaner and safer driving behaviour.Equipped with a smartphone app connected to a digital platform, regular motorists can compete to become the world’s smartest driver by using their own car. 

 About Greater Than and Enerfy

Greater Than is an AI and Insurtech company, providing predictive risk insights on claims frequency and cost – helping global insurance carriers with better pricing of premiums, smart customer retention and targeted customer acquisition. Based on the company’s AI technology, Greater Than provides a product portfolio including Enerfy Risk Portfolio Tracker, Enerfy Loyalty and Enerfy Insurance Products, as well as additional services and apps for dynamic pricing, car sharing, fleets, leasing and driver gamification. Greater Than partners with large insurance enterprises such as Zurich, MSIG, and TRYG. Greater Than is listed on Nasdaq First North Growth Market. Learn more at greaterthan.eu

About Hong Kong Automobile Association (HKAA)

The Hong Kong Automobile Association is the most recognized and longest established automobile organization formed in Hong Kong and has been in existence since 1918. Affiliated with more than 150 overseas motoring organizations around the world HKAA offers reciprocal services to members.

HKAA is a member of the Federation Internationale de l’Automobile (FIA), the Federation Internationale de Motocyclisme (FIM) and the Hong Kong Sports Federation and Olympic Committee of Hong Kong, China. As the ASN (National Sporting Authority) in Hong Kong, HKAA’s involvement in motorsport began in the 1950s and is the sole Association to issue race competition licenses to members. In addition to this formal role, the Association has been actively involved in the promotion of sporting events, to assist Hong Kong competitors to participate international events in other countries.

As an internationally recognized not-for-profit organization, the HKAA upholds the objectives of serving and protecting our members, serving the community, promoting road safety and motorsports development, and supporting environmental protection. Visit us at www.hkaa.com.hk

About the Fédération Internationale de l’Automobile (FIA)

The Fédération Internationale de l’Automobile (FIA) is the governing body for world motor sport and the federation of the world’s leading mobility organisations.

Founded in 1904, with headquarters in Paris and Geneva, the FIA is a non-profit organisation. It brings together 240 Member Organisations from 144 countries on five continents. Its Member Clubs represent over 80 million road users and their families.

The FIA promotes safe, sustainable and accessible mobility for all road users around the world. Further details can be found at www.fia.com
 

CONTACT:

For media inquiries, please contact:
Eva Voors, Head of PR and Communications 
+46-708-884880
eva.voors@greaterthan.eu
www.greaterthan.eu 
 

This information was brought to you by Cision http://news.cision.com

The following files are available for download:

 

Head-up Display Market worth $4.6 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Head-up Display Market with COVID-19 Impact Analysis by Component (Video Generator, Projector/Projection Unit, Display Unit, Software), Type (Conventional HUD, AR-Based HUD), Application (Aviation, Automotive), and Geography – Global Forecast to 2025″, published by MarketsandMarkets™, the Head-up Display Market is projected to grow from USD 1.3 billion in 2020 to <span…

CHICAGO, Jan. 11, 2021 /PRNewswire/ — According to the new market research report «Head-up Display Market with COVID-19 Impact Analysis by Component (Video Generator, Projector/Projection Unit, Display Unit, Software), Type (Conventional HUD, AR-Based HUD), Application (Aviation, Automotive), and Geography – Global Forecast to 2025″, published by MarketsandMarkets™, the Head-up Display Market is projected to grow from USD 1.3 billion in 2020 to USD 4.6 billion by 2025; it is expected to grow at a CAGR of 28.5% from 2020 to 2025. The increase in awareness about passenger and vehicle safety, the convenience offered by a combination of satellite navigation technology & HUD system, increasing demand for connected vehicles, increasing demand for technologically advanced HUDs, and growth of the augmented reality market are the key factors driving the head-up display market growth.

MarketsandMarkets

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=684

Projector units to lead the head-up display component market during the forecast period

The projector is a major part of HUD as it projects the information on a transparent windshield. In early HUDs, refraction was used for projecting images in the projector, whereas in modern HUDs, reflection is used to project the image. Projection units use cathode ray tubes, LEDs, or liquid crystal displays to project the image. Projection units can be adjusted either below or above combiners. Projector projects image through the laser beam. Projector units are expected to lead the overall head-up display market.

Market for AR-based head-up displays projected to grow at a higher CAGR during the forecast period

Technological advancements, as well as increasing consumer demand for advanced safety functions, are expected to drive the AR-based HUD market. Monitoring multiple in-vehicle displays while driving can trigger mishaps on the road. To reduce cognitive workload while driving, AR-based HUD systems can reduce distraction and make driving safer. Driver information, assistance, and attention management can be viewed, along with real-time traffic conditions, on the windshield in the driver’s line of sight.

Browse in-depth TOC on «Head-up Display Market«

128 – Tables
64 – Figures
190 – Pages

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=684

APAC to lead the head-up display market during the forecast period

APAC is expected to exhibit strong growth in the next few years owing to the significant contribution of Japan, China, and South Korea in the growth of HUD market. The strong growth of the automotive application in China and Japan is projected to boost the automotive market in the APAC region.

Major vendors in the head-up display market include Bosch (Germany), Nippon Seiki Co., Ltd. (Japan), Continental AG (Germany), Visteon Corporation (US), Denso Corporation (Japan), Panasonic Corporation (Japan), BAE Systems (UK), Pioneer Corporation (Japan), Yazaki (Japan), and Garmin (US).

Related Reports:

Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), Software), Device Type (Head-mounted, Head-up), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Region – Global Forecast to 2024

Virtual Reality Market with COVID-19 Impact Analysis by Offering (Hardware and Software), Technology, Device Type (Head-Mounted Display, Gesture-Tracking Device), Application (Consumer, Commercial, Enterprise, Healthcare) and Geography – Global Forecast to 2025

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/head-up-display-hud-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source:  https://www.marketsandmarkets.com/PressReleases/head-up-display.asp 

Cision View original content:http://www.prnewswire.com/news-releases/head-up-display-market-worth-4-6-billion-by-2025–exclusive-report-by-marketsandmarkets-301205093.html

SOURCE MarketsandMarkets

Travelers Are Checking In To Spontaneous Trips In 2021

DALLAS, Jan. 11, 2021 /PRNewswire/ — Spontaneity will be the word of the year for 2021 travelers as a new global study reveals 89% of U.S. travelers intend to be more impulsive than ever, following 2020’s cancelled trips, boredom and all round ‘year of nothing’. The new report from Hotels.com®, ‘The 2021 Upgrade’, has uncovered how this new lust for spontaneity will have a ripple effect on the hotel and travel industries, as travelers say ‘yes’ to more.

…

DALLAS, Jan. 11, 2021 /PRNewswire/ — Spontaneity will be the word of the year for 2021 travelers as a new global study reveals 89% of U.S. travelers intend to be more impulsive than ever, following 2020’s cancelled trips, boredom and all round ‘year of nothing’. The new report from Hotels.com®, ‘The 2021 Upgrade’, has uncovered how this new lust for spontaneity will have a ripple effect on the hotel and travel industries, as travelers say ‘yes’ to more.

Take me away…and quick! The global study showed that 32% are dubbing 2020 the ‘lost year’ for travel prompting more than a third (35%) to be more likely to drop everything to vacay if they can in 2021. Hotels.com’s booking data supports this, with almost half of bookings in June 2020 (when lockdown rules eased for the first time for many) being made three or fewer days from the time of search.

It’s all about being spontaneous AF these days with over a quarter revealing they would say yes to more last-minute trips (28%). All rules are out the window with one in five (26%) saying they would take off on a long-haul trip for just a few days or make no plans for the trip in favor of being spontaneous when they arrive (25%). A further 17% are ready to live their best luxury #HotelLife and will be booking a five-star hotel for their 2021 getaways.

Experts at Hotels.com also predict this extravagant attitude will have a dramatic impact on hotel booking behavior, with 2021 being the year to really ‘treat yo self’. Compared to pre-pandemic times over a quarter (26%) would now book a better hotel room, and nearly a quarter would spontaneously say yes to a room upgrade if offered when booking (24%).

«2020 was the year of staying home, postponing trips and posting old vacation pictures on social media. This year, travelers are ready to ‘seize the stay’ when travel returns and they feel comfortable to take the trips they missed out on» shared Josh Belkin, Vice President, Global brand Hotels.com. «We saw that when travel restrictions eased for many in July and August 2020, over half of bookings were made three days or less ahead of their stay, compared to 40% in 2019. People are ready to channel their inner spontaneous self, dropping everything at the last minute to get away and enjoy the best that hotel life has to offer.»

Dear hotel, we miss you

Travelers are ready to get in that robe and raid the mini bar again with a quarter of people saying the thing they miss most about traveling is being able to stay in an awesome hotel. They have been craving that sweet #HotelLife, missing relaxing in a plush robe (13%), the peace and quiet (30%) breakfast buffets (23%), hotel restaurants and bars (29%), rooms with a view (26%), ordering room service (18%), visiting the hotel pool (20%), treating themselves to the hotel spa (17%) and of course the incredible hotel bed (18%).

This craving means travelers will take a different approach to hotel bookings in 2021 – it will be all about upgrading the experience. When asked what new experiences they would say ‘yes’ to, around one in five (20%) would splurge on a spa treatment, uber-luxe hotel restaurant (20%), or a fancy cocktail in the hotel’s bar (24%).

Travelers will also be finding ways to ‘seize the stay’ as much as they can, with nearly one in five stating they would spontaneously book a fancy hotel for a staycation for the weekend (24%) or take advantage of a mid-week deal in their local trendy hotel (23%).

The rise in spontaneous travel

To plan or not to plan? Travelers want to be carefree and relaxed by making spontaneous decisions (32%), not having to plan and just doing what they wanted (28%) and saying ‘yes’ to new experiences (24%). Time to turn on the ‘out of office’ and switch off for that vacation.

The research also revealed the lengths that many will go to for a vacation and a hotel stay in 2021, with travelers admitting do all the cleaning in their house (29%), give up sweets (24%), not leave their house (23%), social media apps (17%) and even sex (16%) for a month. 2020, you have pushed us to our limits!

Same day travel driven by need to be spontaneous

Travel-hungry hotel-lovers are ready to commit to spontaneity, with 29% claiming they’d be ready to drop it all and leave the same day if given the opportunity.

With spontaneity comes packing pressure. Most would go nowhere without their digital lifelines, with over half (55%) prioritising their phone, laptop and charger – beating out a change of clothes (46%), a swimsuit (29%) and sleepwear (30%).

Hotels.com is one of the most rewarding ways to book a place to stay and we even have a ‘Reward Winning’ loyalty program that includes free cancellations should your travel plans change. Check out our Hotels.com Rewards* program and see for yourself how to bag a reward night.

Notes to Editors

1Research was conducted by One Poll in December 2020. 1,000 respondents across the United States.
2Statistics from Hotels.com booking data pulled on 10thDecember 2020

About Hotels.com® (or Hotels.com™)
Hotels.com is the most rewarding way to book a place to stay. We really love travel and we know you do too.  That’s why we make it really easy to book with us. With hundreds of thousands of places to stay around the world and 90 local websites in 41 languages, Hotels.com has it all. So, whether you’re looking for value in Vegas, treehouses in Thailand or villas with views, it’s all just a click away.  And with our «Reward-winning» loyalty program you earn free* nights while you sleep…what could be better?  Booking just got smarter too. With over 25 million real guest reviews and an app so easy to use that it’s been downloaded 70 million times, you can be sure to find the perfect place for you.
*Exclusions apply. Reward night worth average price of previous 10. Taxes/fees payable on each Reward Night redeemed.  A $5 fee is charged on each Reward Night redeemed, unless redeemed on the app. See T&Cs.
https://www.hotels.com/customer_care/terms_conditions.html?pos=HCOM_US&locale=en_US 
© 2020Hotels.com, LP. All rights reserved.  Hotels.com and the Hotels.com logo are trademarks of Hotels.com, LP. All other trademarks are property of their respective owners. CST #2083949-50

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SOURCE Hotels.com

Luokung Announces EMG Awarded Exclusive 2020 Golden Globe Award for its «HD Map» Functionality

BEIJING, Jan. 11, 2021 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) («Luokung» or the «Company»), a leading interactive location-based services and big data processing technology company in China, today announced that the Company’s previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. («EMG») was recently the sole recipient of the «2020 Golden Globe Award for HD Map» at the 4th Annual…

BEIJING, Jan. 11, 2021 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) («Luokung» or the «Company»), a leading interactive location-based services and big data processing technology company in China, today announced that the Company’s previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. («EMG») was recently the sole recipient of the «2020 Golden Globe Award for HD Map» at the 4th Annual GGAI Conference held in Shanghai, China in December 2020. EMG, Continental, Bosch and other well-known automotive technology service providers won 2020 Intelligent Driving Golden Globe Awards.

The GGAI Conference serves as a symposium for intelligent vehicle developers and manufacturers, focused on industry trends within automation, intelligent cockpit, autonomous driving, and other innovations in the automotive industry. EMG’s CEO, Darwin Lu, was invited to provide the keynote speech to discuss trends and innovation in the sector.

EMG was recognized for its unique mapping capabilities and robust database has covering mainland China, Hong Kong and Macao with over 9-million-kilometer road networks and 80 million POIs. 

As previously announced, Luokung has engaged in a share purchase agreement to acquire 100% of EMG and announced that the two parties are currently in the process of closing the transaction.

Darwin Lu, CEO of EMG noted, «Over the past several years we have focused on developing an HD Map product with the capability of meeting the evolving infrastructure of the automobile industry in China and its surrounding regions. As further developments occur through the form of smart highway, IOV, and autonomous driving, we are able to provide rapid perception and early warning of traffic dangers, effective circulation of traffic information, intelligent road maintenance, as well as digital rescue in critical situations. We are pleased to have received this honor among several well-recognized peers, and were the only mapping technology company to receive this across a wide group of international competitors.»

Mr. Lu concluded, «With the further development of autonomous driving, both EMG and Luokung are solely dedicated to leveraging our combined spatial-temporal and HD Map capabilities to improve our value proposition to manufacturers and consumers. EMG has become an important partner of Microsoft’s MCVP (Microsoft Connected Vehicle Platform) platform, and is recognized as a major participant and a technology leader in the construction of smart highways across China and Vehicle-to-everything (V2X) technology. We believe that these infrastructure changes represent the predecessor to the adoption of autonomous driving throughout China and feel that we are positioned well.»

The GGAI Annual Conference is the largest annual industry, technology, and market exchange and interaction event in China’s automotive intelligent network industry chain. The event was held from December 15-17, 2020 in Shanghai, China. Conference participants included auto manufacturers, Tier 1 suppliers, and other industrial product and technical service providers in fields of smart cockpit, Internet of Vehicles, and autonomous driving. To evaluate the Golden Globe Award candidates, a list of eligible companies is included in each category, weighted on indicators including pre-installation production and future new technology innovation. A comprehensive evaluation is then based on the pre-installation production data monthly tracked by the Gaogong Intelligent Automobile Research Institute. Category winners are voted by industry practitioners, users and OEMs in two rounds. The final award indicators include pre-installation market mass production data/project pre-research and SOP (weighted as 70%), as well as customer reputation and market awareness (weighted as 30%).

About Luokung Technology Corp.

Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. It provides integrated DaaS, SaaS, and PaaS services for Internet and Internet of Things of Spatial-Temporal big data based on its patented technology. Based on geographic information systems and intelligent Spatial-Temporal big data, it establishes city-level and industry-level digital twin holographic data models to actively serve smart cities, intelligent transportation, smart industry, LBS. http://www.luokung.com

Business Risks and Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as «will», «expects», «anticipates», «future», «intends», «plans», «believes», «estimates», «target», «going forward», «outlook» and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

CONTACT:

The Company:
Mr. Jay Yu
Chief Financial Officer
Tel:  +86-10-5327-4727
Email:
ir@luokung.com

INVESTOR RELATIONS
PureRock Communications Limited
Email:
luokung@pure-rock.com

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SOURCE Luokung Technology Corp.

Aptiv Leverages Unique Brain and Nervous System Portfolio to Optimize Vehicle Architecture with New Zone Controllers

DUBLIN, Jan. 11, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today announced zone controllers that distribute high-speed data and power between sensors and peripherals, while separating input / output (I/O) from compute in the vehicle.

<a href="https://mma.prnewswire.com/media/651892/Aptiv_Logo.html" target="_blank"…

DUBLIN, Jan. 11, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today announced zone controllers that distribute high-speed data and power between sensors and peripherals, while separating input / output (I/O) from compute in the vehicle.

As part of Smart Vehicle Architecture, Aptiv’s approach to enabling the software-defined vehicle, the zone controllers allow OEMs to break apart the vehicle’s physical complexity into more manageable zones and further drive up-integration of distributed ECUs, reducing the weight and lowering total system costs in the vehicle.

«Thanks to our unique position with both the brain and the nervous system of the vehicle, Aptiv is perfectly positioned to help our customers optimize the performance and cost of their vehicles,» said Kevin Clark, president and CEO. «Aptiv’s powerful zone controllers sit at the intersection of these capabilities, helping them reduce complexity, weight and cost, while putting customers one step closer to the software-defined, electric vehicles of the future.»

As a high-speed data and power hub, Aptiv zone controllers simplify complexity by separating I/O from compute, while supporting standardized interfaces and enabling «plug and play» devices. For example, instead of connecting directly to a dedicated ECU, devices connect to an Aptiv zone controller, which then connects to a domain controller over a single common interface. This reduces complexity and improves scalability by allowing domain controllers to focus on higher-level software while maintaining a separate development cycle from the I/O. It also simplifies wiring harnesses to allow more automated assembly and reduces costs.

Aptiv’s deep expertise in advanced vehicle software and hardware architecture, including the insights from over a decade of automated driving experience, informed the development of Aptiv’s zone controllers. This has resulted in several key benefits for next-generation vehicles:

  • Reduced Complexity: Breaking apart the physical complexity of the vehicle simplifies manufacturing while enabling automation to ensure quality and lower cost, while up-integration of distributed ECUs provides compute functionality inside the zones that can be used for feature consolidation.
  • Intelligent Power Management: The zone controllers manage power distribution throughout a vehicle centrally. In the past, wires needed to allow enough tolerance for peak load without having a melting fuse blow. With the benefits of smart fusing, wires can be specified to the physical limit of the load over a specified period of time. This also allows Aptiv’s zone controllers to be flexibly located, which simplifies packaging and reduces cost.
  • Predictive Maintenance: Aptiv’s software can detect when wires attached to the zone controller are close to failing and pass that information back to predictive maintenance systems, helping drivers and fleet operators address potential problems before they affect vehicle operation.

To learn more about Aptiv’s zone controllers and download the whitepaper please visit www.Aptiv.com/zonecontrollers. 

About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility. Visit aptiv.com.

 

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SOURCE Aptiv PLC