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Steel Market for automotive & aerospace applications projected to exceed $175 billion by 2027, Says Global Market Insights Inc.

SELBYVILLE, Del., Feb. 25, 2021 /PRNewswire/ — Based on Global Market Insights Inc., report, the Steel Market for automotive &…

SELBYVILLE, Del., Feb. 25, 2021 /PRNewswire/ — Based on Global Market Insights Inc., report, the Steel Market for automotive & aerospace applications size was estimated at $125 billion in 2020 and is slated to surpass $175 billion by 2027, registering a CAGR of 5.4% from 2021 to 2027. The report provides a comprehensive analysis of the top winning strategies, wavering industry trends, drivers & opportunities, top investment avenues, competitive scenarios, market estimations & size.

Increasing infrastructural & constructional activities coupled with supportive government regulations and growing demand for tin mill steel products as it offers excellent thickness uniformity, high quality, flatness, and suitability for producing automotive components, telecommunications cable is propelling the steel market growth.

The forging segment is anticipated to grow with a CAGR of over 4% by the end of 2027 owing to growing aircraft production and increasing passenger air travel. Steel forgings provide effective toughness, advanced strength, and superior surface quality which help in the manufacture of cables, shafts, and axles for use in various automotive applications.

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The ductility, strength, and reliability of the product maintain its performance in a wider temperature range which are the key attributes augmenting the steel market share. These products are used in a wide variety of applications and industries such as automotive and aerospace owing to their high degree of reliability & tolerances, compressive strength. Thus, it has wider acceptance in the aerospace industry and is used in interior components, landing & breaking components, flight-critical & safety components, and exterior & interior sensors.

Hot-Rolled Strip is gaining traction by the CAGR of 5% owing to its various benefits such as increased product life, improved in-service performance, reduced product weight, and material yield improvements. Significant demand for lightweight equipment and vehicles is creating lucrative growth opportunities for the steel market.

North America steel market for automotive & aerospace applications has a dominant share with a CAGR of 4% and the industry is further stipulated to grow owing to the rapid expansion of the aerospace and defense sector.

European steel market for automotive & aerospace applications is anticipated to gain traction with the CAGR of 5% at the end of 2027 owing to increasing electric vehicle demand in the UK & Germany will boost the automotive industry in Europe owing to a rise in per capita income and stringent marketing campaigns by major players such as Vauxhall, Lotus, Mini, and Volkswagen.

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The German electric vehicles market registered sales of over 100,000 vehicles in 2019, indicating tremendous growth opportunities for the market. The market share of electrical steel in electric automotive batteries will increase as it helps in reducing core losses and improving the efficiency of electric vehicles. The implementation of stringent emission norms and noise pollution regulations in Germany, France, and the UK is predicted to boost the demand for light electric aircraft. These listed factors are attributing to the growth of the steel market growth for automotive & aerospace applications.

Some of the key players operating in the steel industry are Celsa Steel UK, NJR Steel, Thyssenkrupp AG, ArcelorMittal, JFE Steel Corporation, Mechel OAO, Jiangsu Shagang Group, Commercial Metals Company, Nucor Steel, Essar Steel, Acerinox S.A., Hyundai Steel, Jindal Steel & Power Ltd., POSCO, Steel Dynamics, Inc. Baosteel Group, Gerdau S/A, Nippon Steel & Sumitomo Metal Corporation Daido Steel Co., Ltd., Kobe Steel, Ltd., Tata Steel, Steel Authority of India Limited (SAIL), China Steel Corporation, United States Steel Corporation, and Outokumpu OYJ.

About Global Market Insights, Inc.

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider. Offering syndicated and custom research reports, growth consulting, and business intelligence services, Global Market Insights, Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.

GMIPulse, our business analytics platform offers an online, interactive option of exploring our proprietary industry research data in an easy-to-use and dynamic manner. Clients get to explore market intelligence across 11 top-level categories and hundreds of industry segments within them, covering regional, company level, and cross-sectional statistics that make our offering a stand-out for decision-makers.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

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Steel Market for Automotive & Aerospace Applications Report Overview – 2027

Metal Foam Market Statistics – 2027

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SOURCE Global Market Insights Inc.

Strategic Solution Partners Continues to Expand Its Hospitality Consulting Team

WEST CHESTER, Pa., Feb. 25, 2021 /PRNewswire-PRWeb/ — Strategic Solution Partners continues to expand its hospitality consulting division with experts in key fields that can bring innovation and change to hotel owners, management companies and restaurants.

Paige…

Paige Duke is the founder of Duke Consulting, LLC and has a 30-year career in sales and marketing, destination marketing company and conference service. While her main goal is to get results, she finds the most excellent satisfaction in providing resources, positively influencing the sales culture, and providing a roadmap to execute to the teams she advises. Her expertise includes distressed asset sales support, productivity evaluations and sales deployment assessments. Duke previously was a ground floor Director at a privately owned destination management company and grew revenues plus opened offices to become the second largest DMC in the State of Hawaii. Afterwards, she climbed the ranks throughout the Islands to become the Complex Director of Sales and Marketing for four Starwood Hotels in Waikiki plus held area roles with Marriott International and HEI Hotels & Resorts, working with all levels of ownership and property executives.

Norman Van Aken is best known for introducing «fusion» into the lexicon of global cookery. He is also known as «the founding father of New World Cuisine» – a celebration of Latin, Caribbean, Asian, American and African flavors, thus pioneering a new, visionary way of cooking in America. He is the only Floridian Chef inducted into the prestigious James Beard Foundation’s list of «Who’s Who in American Food and Beverage». He has shared his cooking and career, by authoring six cookbooks and a memoir. He was selected a 2016 Menu Masters Hall of Fame and is a James Beard semi-finalist for «Best Chef in America» and his namesake restaurant NORMAN’S, in Coral Gables, was a finalist for «Outstanding Restaurant in America». He was also a James Beard semi-finalist for his cookbook, «New World Kitchen». He has also appeared on various television shows from CNN’s «Parts Unknown» with Anthony Bourdain to «Jimmy Kimmel Live.»

Neil Grammer, CPA, is the Executive Managing Member of Grammer & Associates, which provides accounting, audit, and advisory services to hospitality, healthcare and not-for-profit organizations. With over 30 years total experience and 17 in hospitality with Interstate Hotels & Resorts and Marriott International, Neil is well versed in business process design, enterprise risk management, internal control design, IT security, privacy, fraud prevention, corporate investigations, and corporate compliance. Before forming Grammer & Associates, Neil was the Senior Vice President of Audit and Compliance for Interstate Hotels and Resorts, one of the world’s largest independent hotel management companies. Outside of work, Neil currently serves as Chair of the HSCSN Health Plan (a managed care health plan for children with special needs in Washington DC) and Vice-Chair of the HSC Health Care System.

About Strategic Solution Partners

Strategic Solution Partners is a Hospitality Solution Provider founded in 2007. Comprised of top tier industry executives focused on providing ownership and management business partners with long term revenue and performance enhancing solutions in both domestic and international capacities. Their services are tailored to their client’s specific needs and range from strategic planning and organizational alignment, to consultative experts reaching across the operational disciplines, to interim task force support for management and leadership in sales, marketing, revenue and operations positions. Recognized by Inc5000’s as one of the Fastest Growing Private Companies 3 years in a row, and listed as one of Times Financial Fastest Growing Private Companies in 2020, Strategic Solution Partners innovative team, creative problem solving, industry leading talent, and broad range of resources allows their clients to quickly access the solution to their specific need.

Media Contact

Jacqueline Villamil, Strategic Solution Partners, 1-714-292-2631, jvillamil@strategicsolutionpartners.com

SOURCE Strategic Solution Partners

What do Growing EV Sales Mean for Hydrogen Sensor Manufacturers

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Award winning market research company Fact.MR’s global hydrogen sensor market opines a moderate outlook for 2021, owing to commencement of recovery in APAC automotive market. Although, demand for hydrogen sensors grew at around 3% from 2016-2020, the market is expected to grow at over 6% CAGR through 2031.

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Innovation in technology and investment in research and development remain key focus areas for manufacturers. The rapid standardization in the developing countries is also bolstering the demand for hydrogen sensors.

Industry giant like Siemens is investing in the fuel cell drive which remains a lucrative category. For instance, in November 2020, Deutsche Bahn and Siemens entered the Hydrogen age by developing a joint project to develop fuel cell drives for trains.

Countries investing in the renewable technology, especially developed regions, is expected provide stimulus. This is especially true for US and Western European countries.

The United States Department of Energy’s Fuel Cell Technology is bracing the development of hydrogen as an alternative fuel source in the country. To ensure the US security, the fuel cell technologies support the department of energy in addressing the environmental and energy challenges through advanced science and technology solutions.

«Customers using macro scale hydrogen for the application of synthetic compounds and petrochemicals will in general produce it on premise paving its way for the increased utilization of the product. The alarming awareness for the renewable sources and the advantages of using hydrogen as a fuel source will foster the consumption.» says a Fact.MR analyst.

For more Insights into the Market, Request a Sample of this Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=3401

Key Takeaways

Growing electric vehicle (EV) sales continue to create demand for hydrogen sensors
Rising investment in hydrogen technology for power generation a key opportunity
Germany to remain a lucrative market, owing to well-established automotive industry in the region
Chinese government is leaning toward developing more sustainable hydrogen infrastructure and promoting the usage of fuel cell vehicles
US remains the most lucrative hydrogen sensor market

Competitive Landscape

Key industry players analyzed by Fact.MR include Honeywell International, City Technology, Figaro Engineering, Nissha FIS Inc., SGX Sensortech, Siemens AG, MSA Safety Inc., Membrapor AG, Makel Engineering, and Aeroqual among others. Foray into new markets, and a strong focus on R&D remains a key strategy of market players.

In 2020, Figaro Engineering launched a new hydrogen sensor product, TGS6812-D00, for hydrogen detection and Fuel cell power safety with updated features like low cost and gas leak detector in FCEV.

Also, Siemens signed an agreement with the State Power Investment Corporation Limited (SPIC) China to develop and foster an environmental friendly usage of hydrogen.

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German energy group RWE AG plans to install a transferrable hub where green hydrogen is injected into the system and develop a joint venture with ThyssenKrupp Steel Europe to build the plant in Lingen. That will be able to produce 1.7 tonnes of hydrogen per hour making both the companies a major contributor to the market.

More Insights on the Hydrogen Sensor Market

In its latest report, Fact.MR provides a detailed analysis of the global hydrogen sensors market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, and scope, the market is segmented on the basis of technology type (Electro chemicals, Metal-Oxide Semi-Conductors, Thermal Conductivity, and Catalytic), by Maximum Measurement Range (<2000 ppm, <5000 ppm, <10,000 ppm, <20,000 ppm, and above 20,000 ppm), by Utility (Fixed and Portable), End-user industries (Industrial, Transportation, Residential & Commercial), and across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

Key Questions Covered in the Report

How will the hydrogen sensors market shape in 2030?
Which country is the major contributor for the hydrogen sensors market?
How is North-America the leading region for hydrogen sensors?
Which are the major industry players for the hydrogen sensors market?
What is the impact of COVID-19 on the market share of hydrogen sensors?

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Explore Fact.MR’s Coverage on the Healthcare Domain

Chemical Sensors Market: Fact.MR’s extensive study on the chemical sensors market brings to fore important insights concerning major growth dynamics, including the drivers, restraints and opportunities across key regions. The report provides a holistic overview of the expected trends and shares of prominent manufacturers investing in chemical sensors.

Oxygen Sensors Market: A recent study by Fact.MR on the cables and leads for medical equipment market offers a detailed forecast. The study analyzes crucial trends that are currently determining the growth of the oxygen sensors market. This report focuses on salient features, such as the drivers, restraints, and opportunities for key market players along with key stakeholders.

Gas Sensors Market: The gas sensors market study published by Fact.MR offers a comprehensive analysis and focused views on major trends expected to provide shape to future growth prospects. The report provides detailed analyses of the significant drivers, trends, challenges and opportunities prevailing for the forthcoming decade across key geographies and segments.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

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What do Growing EV Sales Mean for Hydrogen Sensor Manufacturers

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Countries investing in the renewable technology, especially developed regions, is expected provide stimulus. This is especially true for US and Western European countries.

For more Insights into the Market, Request a Sample of this Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=3401

Key Takeaways

Growing electric vehicle (EV) sales continue to create demand for hydrogen sensors
Rising investment in hydrogen technology for power generation a key opportunity
Germany to remain a lucrative market, owing to well-established automotive industry in the region
Chinese government is leaning toward developing more sustainable hydrogen infrastructure and promoting the usage of fuel cell vehicles
US remains the most lucrative hydrogen sensor market

Competitive Landscape

In 2020, Figaro Engineering launched a new hydrogen sensor product, TGS6812-D00, for hydrogen detection and Fuel cell power safety with updated features like low cost and gas leak detector in FCEV.

Also, Siemens signed an agreement with the State Power Investment Corporation Limited (SPIC) China to develop and foster an environmental friendly usage of hydrogen.

Get Customization on this Report for Specific Country
https://www.factmr.com/connectus/sample?flag=RM&rep_id=3401

More Insights on the Hydrogen Sensor Market

Key Questions Covered in the Report

How will the hydrogen sensors market shape in 2030?
Which country is the major contributor for the hydrogen sensors market?
How is North-America the leading region for hydrogen sensors?
Which are the major industry players for the hydrogen sensors market?
What is the impact of COVID-19 on the market share of hydrogen sensors?

Request More Information about Report Methodology
https://www.factmr.com/connectus/sample?flag=RM&rep_id=3401

Explore Fact.MR’s Coverage on the Healthcare Domain

About Fact.MR

Contact:

Sudip Saha
US Sales Office:
1140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

View original content:http://www.prnewswire.com/news-releases/what-do-growing-ev-sales-mean-for-hydrogen-sensor-manufacturers-301235428.html

SOURCE Fact.MR

WesternU President named to Fulbright Specialist roster

POMONA, Calif., Feb. 25, 2021 /PRNewswire-PRWeb/ — Western University of Health Sciences President Daniel R. Wilson, MD, PhD, has been named to the Fulbright Specialist roster. Fulbright specialists serve as expert consultants on curriculum, faculty development, institutional planning, and related subjects at academic institutions abroad for a period of two to six weeks at a time.

Applications to join the Fulbright Specialists community are reviewed by a peer…

Applications to join the Fulbright Specialists community are reviewed by a peer review panel assembled by The Bureau of Educational and Cultural Affairs of the United States Department of State.

As a member of the Fulbright Specialist Program, Dr. Wilson will be eligible to travel abroad on behalf of the United States to work on a diverse, short-term collaborative project focused on education and training. The program pairs highly-qualified U.S. academics and professionals with host institutions abroad to share their expertise, strengthen institutional linkages, hone their skills, gain international experience, and learn about other cultures while building capacity at their overseas host institutions, according to Fulbright. Where exactly or how often the Fulbright Specialist Program may take him over the next four years is to be determined by invitations from colleagues at institutions abroad.

«It’s not so much about where it is… as it is about the who and the what,» Wilson said. «What excites me is the idea of collaborating with international professionals and helping as many people as possible. I would particularly love to work with universities in other countries and even develop collaborations on behalf of Western University of Health Sciences – both abroad and within the United States.»

Wilson will retire as WesternU president at the end of June 2021 and, after a sabbatical, plans to serve the University as University Professor. His academic background and professional experience open many opportunities for idea exchange under the Fulbright Specialist program.

«In every country there are opportunities to have an impact in health care or education or social services, and that’s very exciting,» Wilson said. «Every time I visited another country, I came back with ideas on how we can do things differently here. There is truly an exchange. Specialists bring specialist knowledge, but it must be adapted to the country one is visiting. My own perspectives are sharpened and enhanced by spending time with colleagues in other countries.»

The U.S. Department of State suspended the Fulbright Program and postponed all Fulbright Specialist projects that have not yet commenced on March 12, 2020. As a result of the suspension, individuals who are recommended by the Peer Review Panel for placement on the Fulbright Specialist Roster will officially be added to the Roster after the U.S. Department of State determines that projects can resume. This will ensure that individuals receive a full, uninterrupted tenure during which time they may be matched to a project.

###

About Western University of Health Sciences

Western University of Health Sciences (http://www.westernu.edu), located in Pomona, Calif. and Lebanon, Ore., is an independent nonprofit health professions university, conferring degrees in biomedical sciences, dental medicine, health sciences, medical sciences, nursing, optometry, osteopathic medicine, pharmacy, physical therapy, physician assistant studies, podiatric medicine and veterinary medicine. WesternU is home to WesternU Health, where the best in collaborative health care services is offered. The Chronicle of Higher Education named WesternU a Great College to Work For in 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020.

Media Contact

Rodney Tanaka, Western University of Health Sciences, (909) 469-5402, rtanaka@westernu.edu

SOURCE Western University of Health Sciences

Door County Coastal Byway gains National Scenic Byway Designation

DOOR COUNTY, Wis., Feb. 25, 2021 /PRNewswire-PRWeb/ — The U.S. Department of Transportation’s Federal Highway Administration’s National Scenic Byways program named the Door County Coastal Byway (DCCB) a National Scenic Byway on February 16, 2021.

The Door County Coastal Byway stretches across 66 miles of Wisconsin’s Door Peninsula from north of the city of Sturgeon…

The Door County Coastal Byway stretches across 66 miles of Wisconsin’s Door Peninsula from north of the city of Sturgeon Bay on HWY 57 to the tip of peninsula and down HWY 42 back to the starting point.

The popular Door County circle tour route offers sweeping views of Lake Michigan and the Niagara Escarpment bluffs along with dense forests, agricultural lands, and travels through several of the peninsula’s quaint shore-side towns and villages.

DCCB’s council chairwoman, Annie Miller is thrilled with the new national title. «In 2009 we pursued the Wisconsin Scenic Byway designation in Door County and 10 years later our council believed we had what it took to pursue the national designation,» Miller said. «I felt the designation gave the communities the opportunity to preserve and protect the land and provided something for visitors no matter the season.»

Miller credits the cooperative efforts of many individuals and agencies that made this designation possible.

To learn more, visit DoorCountyCoastalByway.org.

Media Contact

Jen Rogers, Destination Door County, 920-743-4456, jen@doorcounty.com

Annie Miller, Door County Coastal Byway, 920-839-2288, bhnews@amautocare.com

Twitter

SOURCE Destination Door County

The ‘Fusion Trip’ Trend: City and Nature Getaways

Time Out Travel Survey reveals over a third of people are planning a city getaway in 2021

LONDON, Feb. 25, 2021 /PRNewswire/ — Time Out, the global media and hospitality brand that helps people explore and experience the soul of the city, debuts its first global Travel Survey. The findings reveal that travellers are in search of a fusion of city and nature for their future trips. This emerging trend follows the results revealed from the global poll of more than 21,000 people, which indicates that more than a third are planning a city getaway this year.

Despite the pandemic emptying city centres in 2020, the survey reveals that just as many travellers are craving the unique culture and diversity of city holidays (41%) in 2021 as are planning nature and countryside escapes (42%). More people will be looking to travel with partners (16%) and family (14%) than friends (10%), with the majority (67%) saying they will travel by plane.

A fifth of respondents (19%) want to travel to both city and nature destinations this year. This has led Time Out editors worldwide to agree that when travel eventually resumes, there will be a greater pull toward two-part city and nature travel experiences. This ‘fusion trip’ trend will involve travellers exploring city neighbourhoods and their food and drink scenes, while discovering less-crowded culture spots and attractions. Following a few days of city exploration, travellers will venture out to find nearby nature trails, wide-open spaces and other outdoor activities.

Time Out International Editor, James Manning says: «It’s been a hard year for city life and for travel, so it’s incredibly heartening to see our Time Out Travel Survey identifying a huge interest in city breaks for 2021. We believe that cities will bounce back more quickly than anyone expects, given the huge pent-up demand for food, drink, culture and nightlife. Nevertheless, we’re expecting the surge in nature travel to continue too, with many people still preferring outdoor activities. The ‘fusion trip’ combines the best of both worlds: the vibe of the city, with a wave of travellers discovering the new urban phenomena emerging from the global shutdown, plus the relaxation (and built-in social distance) of a nature trip.»

Time Out city experts have identified 15 leading city destinations for a ‘fusion trip’ once international travel reopens: FULL DESCRIPTIONS HERE

For further press information, please contact:
PR@timeout.com
Images

The ‘Fusion Trip’ Trend: City and Nature Getaways

Time Out Travel Survey reveals over a third of people are planning a city getaway in 2021

Time Out city experts have identified 15 leading city destinations for a ‘fusion trip’ once international travel reopens: FULL DESCRIPTIONS HERE

For further press information, please contact:
PR@timeout.com
Images

View original content:http://www.prnewswire.com/news-releases/the-fusion-trip-trend-city-and-nature-getaways-301234872.html

SOURCE Time Out Group

CEAT Specialty presents Indian Tractor of the Year (ITOTY) Awards 2021

NEW DELHI, Feb. 25, 2021 /PRNewswire/ — Tractor Junction, India’s leading digital Marketplace for Tractors and Farm equipment, announced its plans to host an online edition of their much-awaited ITOTY Awards. Speaking on occasion, Mr. Rajat Gupta, the Founder of Tractor Junction, said, «The first edition of ITOTY awards was a grand success, held in Delhi on May 3, 2019, and Manufacturer & Industry professionals were already looking forward to the next edition. However, due to the pandemic situation we could not rollout the event in 2020.»

He continued, «ITOTY 2019 was a grand success, with active participation from 13 key manufacturers, dealers and more than 10 lakh farmers. Awards were given in categories such as ‘Tractor of the Year 2019’, ‘New Launch of the Year ‘, ‘Best CSR Initiative for Farmers’, ‘Best Designed Tractor’ etc. Powertrac Euro 50 was adjudged the ITOTY 2019. Given the current situation, Tractor Junction has decided to conduct the ITOTY awards 2021 in a virtual format. We are proud to have CEAT Specialty as the title sponsor of ITOTY 2021. We expect to engage over 50 lakh farmers in this year’s edition.»

Commenting on the partnership, Mr. Vijay Gambhire, Chief Executive CEAT Specialty, said, «We are happy to be associated with the ITOTY awards. ITOTY has become a forum to identify best products and is leading to increased mechanization in the Indian agriculture segment. With focus on design as well as performance, ITOTY recognizes the best creative minds in the Indian tractor industry. CEAT Specialty is happy to be associated with ITOTY and supports the effort in recognizing and promoting the development which will substantially contribute to the advancement of best practices in agriculture industry in India.»

ITOTY 2021 will feature awards in more than 20 categories. The event will be judged by leading industry experts who possess total experience of 210 years in the tractor Industry, as well as customers through an unbiased and transparent voting process. Tractor Junction plans to schedule the event on 23^rdApril 2021.

The idea is to recognize and reward the hard work and dedication of the creative minds behind the success of the Indian tractor industry. As Mr. Rajat Gupta put it, «India is the number one manufacturer and consumer of tractors and farm equipment worldwide. While several platforms already existed for awarding the best products and brands in other segments like passenger car, trucks, construction equipment and two-wheeler segments, there was a need for such a platform in the tractor & farm equipments segment also».

About Tractor Junction

Tractor Junction is India’s No.1 Marketplace for Tractors and Farm Implements. Established in April 2016, the online platform provides authentic and relevant agricultural information to farmers. It acts as a product and price discovery platform for tractors and farm machinery to help farmers buy products best suited to their requirements. The Tractor Junction website receives more than 80 lakh page views from over 35 lakh farmers per month.

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Tarun Gupta
tractorjunction@gmail.com
+91-9929386584
Brand & Corporate Communication, Tractor Junction

Nexteer Automotive Joins SAE ITC The Health-Ready Component & Systems (HRCS) Consortium

AUBURN HILLS, Mich., Feb. 25, 2021 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, is pleased to join SAE ITC as part of the Health Ready Components and Systems (HRCS) consortium. Nexteer joins members Bell, Garrett Motion, General Motors, Global Strategic Solutions LLC, SafeRide Technologies, VHM Innovations LLC and Volvo Group Trucks Technology in the HRCS consortium to…

«Nexteer is excited to join SAE’s consortium on Health Ready Components and Systems. Implementing a necessary framework and industry standard enables the deployment of new algorithms – such as in advanced steering features and functions – and increases the dependability of automated and connected vehicles,» said Robin Milavec, Senior Vice President, Executive Board Director, Chief Technology Officer (CTO) and Chief Strategy Officer (CSO), Nexteer Automotive.

Peter Grau, program manager, HRCS Consortium, stated: «We believe that IVHM technology will provide significant advantages in terms of performance, availability and safety. To date, the level of IVHM deployment has been limited due in part to a lack of uniform information sharing methods. The HRCS Consortium sees an opportunity to accelerate IVHM implementation through the application of open standards to promote interoperability and avoid the proliferation of costly and potentially counterproductive proprietary approaches.»

Nexteer joins the HRCS Consortium to deploy the best practices and guidance provided in the SAE JA6268™ Standard: Design & Run-Time Information Exchange for Health-Ready Components. SAE JA6268 is the foundational document which facilitates integration of IVHM functionality in health-ready components to meet the needs and objectives of operators, OEMs and government regulators in a cost-effective manner. The standard provides a structured methodology for specifying, characterizing and exposing the inherent IVHM functionality of a component or subsystem using a common functional reference model.

«With the growing technology push for increased electrification and even autonomy in the transportation sectors, VHM and the new SAE HRCS Consortium offers a proactive approach to mitigate the concurrent risks,» said Steve Holland, lead consultant for VHM Innovations, LLC and Chairman of the HRCS Consortium. «Game-changing opportunities abound for Vehicle Health Management in the transportation-related sectors and the new SAE HRCS Consortium promises to speed industrial application.»

IVHM solutions improve fleet efficiencies while improving product reliability and reducing unplanned maintenance and warranty costs. The HRCS Consortium is establishing a multi-sector, global IVHM community to create best practices and procedures for operators, OEMs and suppliers. This will facilitate and promote industry-wide application of IVHM technology to improve asset operational availability, sustainment and efficiencies. The HRCS Consortium will define registration and qualification processes and approvals. Registered component capabilities and contact information will be made available via the SAE HRCS database.

About Nexteer

Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving enabling technologies for original equipment manufacturers (OEMs). The company has 27 manufacturing plants, four technical and software centers and 13 customer service centers strategically located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Ford, GM, Stellantis, Toyota and VW, as well as automakers in India and China. www.nexteer.com

Link to Nexteer Media Center

About SAE Industry Technologies Consortia

SAE ITC® is an affiliate of SAE International. The SAE ITC team specializes in establishing and managing consortia by providing proven processes, tools and resources. ITC enables public, private, academic and government organizations to connect and collaborate in neutral, pre-competitive forums thus empowering the setting and implementation of strategic business improvements in highly engineered industries globally. More at www.sae-itc.com.

About SAE International

SAE International is a global association committed to advancing mobility knowledge and solutions for the benefit of humanity. By engaging nearly 200,000 engineers, technical experts and volunteers, we connect and educate mobility professionals to enable safe, clean, and accessible mobility solutions. We act on two priorities: encouraging a lifetime of learning for mobility engineering professionals and setting the standards for industry engineering. We strive for a better world through the work of our philanthropic SAE Foundation, including programs award-winning programs like A World in Motion® and the Collegiate Design Series™. More at www.sae.org.