Categoría: Influencers

Automotive Headliners Demand in Premium Cars Set to Rise at above 5% CAGR through 2031: Fact.MR’s New Study

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The interior comfort of automobile is set to emerge as a key differentiator for car-makers as autonomous vehicles inch close to becoming mainstream. Innovations undertaken by the industry aimed at offering better sustainability, durability, and space-savings are among key factors enabling growth in the automotive headliners market. Fact MR in a new study…

NEW YORK, Jan. 20, 2021 /PRNewswire/ — The interior comfort of automobile is set to emerge as a key differentiator for car-makers as autonomous vehicles inch close to becoming mainstream. Innovations undertaken by the industry aimed at offering better sustainability, durability, and space-savings are among key factors enabling growth in the automotive headliners market. Fact MR in a new study has forecast the market to report 6.3% Y-o-Y growth in 2021. Driven by the rising demand to provide passengers with better comfort, the demand for automotive headliners is poised to surge enabling growth at over 6.5% CAGR between 2021 and 2031 within the market.  

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Despite revision of growth forecasts amid COVID-19, Fact MR has maintained a positive outlook for the market, thanks to improving vehicle sales across a few lucrative pockets, including China and India. According to data revealed by the China Passenger Car Association, the sales of passenger vehicles have reportedly improved in August 2020. The study also reported that retail sales of passenger cars reached 1.7 million units in August, rising by 8.9%.

In the coming years the market will witness greater opportunities with the advent of novel options including natural fiber, urethane, and polyester that offer reliability of conventional technologies besides improvements in terms of structure, recyclability, and acoustic performance.

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Key Takeaways

  • Overall forecast for the market remains positive as Fact MR forecasts its valuation to surpass US$ 8.4 Bn in 2021
  • The U.S. being one of the leading markets for automotive will continue exhibiting high demand for headliners. It is expected to account for above 85% of automotive headliners sold in North America
  • U.K. will register nearly 4% Y-o-Y growth between 2021 and 2031
  • Spain and Italy will emerge as highly lucrative markets for automotive headliners sales in Europe
  • India, China, and South Korea will be among leading markets for automotive headliners in Asia Pacific excluding Japan

«Despite consolidation, competition within the market is forecast to surge in response to which market players will continue focusing on product launches. Besides this, they will investment in design and material improvements is expected to rise, which will bode well for the market in the long run,» said a lead analyst at Fact MR.

Increasing sales of luxury vehicles have been encouraging growth in the automotive headliners market. Driven by surging disposable income, prospects across emerging countries are expected to remain highly lucrative. Additionally, as a result of the launch of car-sharing concepts such as Ola and Uber, autonomous cars, high-end driver services, and tactile experience, the demand for automotive headliners is higher than ever.

According to the global EV outlook 2020 report, electric car sales surpassed 2.1 million in 2019. Coupled with this, investment towards capacity expansion by leading companies will present conducive environment for the growth of the market. For instance, Alcantara had recently announced its plans for spending US$350 million over the next few years to expand its production facilities. Likewise, Toray in Japan had announced its plans for increasing its Ultrasuede production by nearly 60%. Furthermore, Ultraseude got a major impetus in October 2020 when Toyota announced incorporating its material in Lexus models.

These developments have proven crucial for overall market expansion. Investment trends are expected to continue after a temporary period of lull due to COVID-19 outbreak, connoting positive growth opportunities for the market in the near term assessment period.

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Who is winning?

Competition within the moderately competitive automotive headliners market is likely to soar in the coming years. In response to increasing competition, manufacturers are expected to focus on product launches and expansion of their footprint.

For instance:

  • Oracle Lighting launched StarLINER ColorSHIFT Fiber Optic hardtop headliner in October 2020
  • International Automotive Components (IAC Group) has announced plans for expanding its presence in the U.K. in July 2019. Their goal is set to be achieved via expansion of their Elmdon-based headliner manufacturing facility
  • Grupo Antolin is among players to focus on product launch. In September 2020, it launched its new range of retractable sun visors, which are slated to include proprietary modular headliner designs for premium car offerings by Tesla and Jaguar

Find More Valuable Insights on Automotive Headliners Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global automotive headliners market, presenting historical demand data (2016-2021) and forecast statistics for the period of 2021-2031. The study divulges compelling insights on the automotive headliners market based on material (foam-backed cloth, cotton-napped cloth, synthetic cloth, and perforated cloth), headliner type (hardtop and soft-top), vehicle (compact, mid-sized, premium, luxury, LCV, and HCV), and sales channel (OEM and aftermarket), across six major regions of the world.

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About the Automotive Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned automotive team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million plus data points, the team has analyzed automotive industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

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East Raymond reaches commercial operation as RWE U.S. 27th onshore wind farm

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ —

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «We continue to grow our large-scale renewable portfolio here in the United States, one of our focus markets, and we look forward to future success on additional projects. Our teams continue to deliver outstanding projects in a difficult environment with an unrelenting focus on health and safety.»

RWE Renewables’ East Raymond (Raymond) facility, a 200-megawatt (MW) onshore wind farm located in Willacy and Cameron counties, Texas, has achieved commercial operation.

«We’re excited to announce our 27th onshore wind farm in the U.S. and our eighth project on the Texas Coast,» said Silvia Ortin, Chief Operating Officer North America. «We’re also very happy to be delivering clean, low-cost power for the next 30 years while helping Austin Energy achieve its renewable energy goals.»

A 12-year power purchase agreement with Austin Energy for offtake from the project was announced in August 2019.

«We currently offset more than 60 percent of our customers’ energy needs with carbon-free resources,» said Austin Energy General Manager Jackie Sargent. «The Raymond Wind Farm in South Texas coming online brings us closer to meeting our climate protection goals adopted by the Austin City Council and championed by our customers.»

Raymond came online in late December finalizing the project without any lost time safety incident.

The project is powered by a total of 91 Vestas V120 and V110 – 2.2 MW turbines and generates power for more than 60,000 households

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis                                                               

Communication Manager                   

RWE Renewables                                 

M +1 512 698 4043                                            

E matthew.tulis@rwe.com                 

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

 

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SOURCE RWE Renewables

PureCircle y Almendra resuelven litigio de patentes en los Estados Unidos

SINGAPUR, 20 de enero de 2021 /PRNewswire/ — PureCircle y Almendra llegaron a un acuerdo amistoso en una controversia de patentes en los Estados Unidos relacionada con los productos y el uso de Steviarome® de Almendra.

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Al 31 de diciembre de 2020,…

SINGAPUR, 20 de enero de 2021 /PRNewswire/ — PureCircle y Almendra llegaron a un acuerdo amistoso en una controversia de patentes en los Estados Unidos relacionada con los productos y el uso de Steviarome® de Almendra.

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Al 31 de diciembre de 2020, PureCircle y Almendra resolvieron voluntariamente el litigio y posteriormente se desestimaron todas las demandas y contrademandas.

Como parte del acuerdo, Almendra firmó un contrato de licenciamiento con PureCircle, el cual le permite a Almendra seguir vendiendo sus ingredientes saborizantes Steviamore® en todo el mundo. Los demás términos del acuerdo son confidenciales.

Consultas:

Jackson Pillow, gerente de comunicaciones de PureCircle
Correo electrónico: Jackson.Pillow@purecircle.com 
Teléfono: +1 (630) 256 8394

Kimberly Hunter, directora financiera de Almendra
Correo electrónico: Kimberly.H@almendra.com 
Teléfono: +1 (708) 926-5403

Acerca de PureCircle 

PureCircle es el principal productor e innovador de saborizantes y edulcorantes de gran sabor a base de stevia para la industria global de bebidas y alimentos. PureCircle combina la investigación y el desarrollo avanzados con la integración vertical completa, abarcando desde el cultivo hasta la producción de ingredientes innovadores a base de stevia de gran sabor y alta calidad. 

La empresa colabora con productores que cultivan sus variedades patentadas de stevia y con compañías de alimentos y bebidas que buscan mejorar sus formulaciones bajas o libres de calorías utilizando ingredientes vegetales que no provienen de organismos genéticamente modificados. 

Para obtener más información, visite:  www.purecircle.com 

Acerca de Almendra 

Almendra es una empresa privada productora de edulcorantes e ingredientes saborizantes naturales, centrada en satisfacer la necesidad de la industria de alimentos y bebidas de contar con soluciones naturales y de gran sabor de etiqueta limpia. 

El trabajo en equipo, la innovación, la propiedad intelectual y los conocimientos técnicos de la empresa le permiten desarrollar soluciones endulzantes líderes en la industria, y ofrecer sabores con propiedades moduladoras que resuelven los complejos desafíos de sabor en alimentos y bebidas con bajo contenido de azúcar. 

Con sede en Singapur, Almendra fabrica en Tailandia para la venta a clientes de todo el mundo. 

Encuentre más información sobre Almendra en www.almendra.com 

Logotipo: https://mma.prnewswire.com/media/1423029/Almendra_Logo.jpg

 

FUENTE Almendra Pte. Ltd.

Solar Inverter Market Size USD 26650 Million By 2026 At A CAGR of 8.9% – Valuates Reports

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on <a…

BANGALORE, India, Jan. 20, 2021 /PRNewswire/ — Solar Inverter Market is segmented by Product-Type – Central Solar Inverter, String Solar Inverter, Micro Solar Inverter, Application – Residential, Commercial, Utility, by key players & Region. Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Renewable & Alternative Energy Category.

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The global Solar Inverter market size is projected to reach USD 26650 million by 2026, from USD 14600 million in 2019, at a CAGR of 8.9% during 2021-2026.

Major factors driving the growth of Solar inverter market size are large inflow of investments in the renewable energy sector, increase in favorable government initiatives and rise in the number of residential solar rooftop installations.

This report focuses on Solar Inverter volume and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Solar Inverter market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

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TRENDS INFLUENCING THE SOLAR INVERTER MARKET SIZE 

Growing demand for renewable energy due to an increase in power consumption along with a decline in the cost of producing renewable energy is expected to drive the growth of solar inverter market size during the forecast period. The cost of producing renewable energy has undergone a very steep decline and is now competitive in meeting the increasing power need. 

Favorable government initiatives like energy-saving certificates are expected to augment the growth of solar inverter market size. Furthermore, governments across the globe are concentrating on infrastructure growth in their countries to boost the quality of life of their people. The UAE government, for example, focuses primarily on the Smart Dubai initiative, seeking to turn the city into a leading smart city worldwide. This expansion of construction activities is expected to increase the solar inverter market size. 

The use of solar inverters is further promoted by the growing impact of greenhouse gases and rising environmental problems. Increasing awareness about global warming is expected to boost the solar inverter market growth. 

Many companies in the solar inverter market are introducing the internet-of-things platforms, delved into artificial intelligence and machine learning, and ventured into other smart-energy verticals. This, in turn, is expected to provide additional growth opportunities for the solar inverter market size. 

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SOLAR INVERTER MARKET SHARE ANALYSIS

The central PV inverter segment held the largest solar inverter market share in 2019 due to the extensive use of these systems in large industrial applications. On the other hand, the String Inverter segment had the second-largest market share in 2019 for residential and commercial applications.

Due to the increased demand for solar energy among consumers for electrification purposes, home appliances, and other applications, the residential end-use segment is expected to see significant growth in the solar inverter market during the forecast period.

The commercial & industrial end-use segment is expected to witness a significant CAGR during the forecast period. This is mainly due to the growing acquisition of large off-site projects that allow businesses to offset a greater portion of their energy use, which has become increasingly necessary for tech companies such as Facebook, Microsoft, Apple, and Amazon Web Services.

In 2019, the utility segment held the largest solar inverter market share and was expected to continue its dominance during the forecast period. This dominance of the utility segment is due to increased demand for solar renewable energy, decreasing solar power & equipment prices, and rising government subsidies. With their pre-integrated power stations, some main players provide customers with industry-leading utility-scale solutions to achieve higher performance and decreased device balance costs.

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Key Players

  • ABB
  • SMA Solar Technology
  • Canadian Solar
  • SolarEdge Technologies
  • SunPower
  • Delta Electronics
  • Solectria Renewables
  • Sineng Electric
  • Hitachi Hi-Rel Power Electronics
  • Power electronics

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

Segment by Regions

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Segment by Type

  • Central Solar Inverter
  • String Solar Inverter
  • Micro Solar Inverter

Segment by Application

  • Residential
  • Commercial
  • Utility

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SIMILAR REPORTS :

–  Micro inverter market size is projected to reach USD 2.7 billion by 2022, growing at a CAGR of 27.3% from 2016-2022. In 2014, North America dominated the market and contributed about 45% share of the overall market revenue, followed by Europe. Major factors driving the growth of micro-inverter market size are technological advancements in the field of micro-inverters, fast-growing residential market, government subsidies, and economic incentives. 

–  Europe region is the largest consumption of Solar Pump Inverter Market with a consumption market share of nearly 73% in 2017. Africa is the second-largest consumer of Solar Pump Inverter, enjoying a consumption market share of nearly 16% in 2017.

–  The PV Inverter market size is projected to reach USD 7592.7 Million by 2026, from USD 6314.5 Million in 2020, at a CAGR of 3.1% during 2021-2026.

–  In 2019, the market size of String Inverters Market was 2850 million US$, and it will reach 5310 million USD in 2025, growing at a CAGR of 8.1% from 2019.

The Asia Pacific is estimated to hold the largest market share for string inverters till 2023. The Government targets, policy support, incentives such as feed-in traffics and tenders, and competitive bidding in the region will drive the string inverters market during the forecast period.

–  Single Phase Micro Inverter Market by Product Type – Grid, Off Grid, Application – Energy, Aerospace,by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Single-Phase String Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities,  by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

–  Central Inverter Market by Product Type – On-Grid, Off-Grid, Application – Residential, Commercial & Industrial, Utilities, by key players , Region – North America, LAMEA, Middle East, Asia pacific. etc.

To see the full list of related reports on the Solar Inverter

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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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Boiling Springs starts commercial operation as RWE U.S. first onshore wind farm in Oklahoma

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

AUSTIN, Texas, Jan. 20, 2021 /PRNewswire/ — 

Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: «Under very challenging conditions, our teams have delivered this project with outstanding dedication to our business goals while continuing to prioritize health and safety. This milestone, of our 26th onshore wind farm in the U.S., further proves our track record in the development, construction and operation of high-quality generation assets in North America—one of our focus markets.»

The RWE Renewables portfolio in North America continues to expand as Boiling Springs, a 148-megawatt (MW) project, located in Woodward County, Okla., has achieved commercial operation. The facility is RWE’s first project in Oklahoma and in the Southwest Power Pool.

It is powered by 60 GE turbines, a mix of GE127-2.82 MW and GE 116-2.3 MW generators. Boiling Springs came online in late December after posting an impressive work safety record of no lost time incidents.

«After several years of development, we are thrilled to see this project fully operational in the Southwest Power Pool (SPP), a new market for us,» said Silvia Ortin, Chief Operating Officer North America. «SPP is a highly-attractive market with considerable potential for working with new customers in the corporate, industrial and utility segments. As always, we appreciate the local support from the community and our landowners to help us bring Boiling Springs from development through construction and now to successful operation.»

RWE announced, in September 2019, Boiling Springs signed an agreement with American Honda Motor Co., Inc., for offtake as part of one of the largest-ever renewable energy purchases by the automotive industry. Under the terms of the Virtual Power Purchase Agreement (VPPA), Honda has contracted for 120 MW of the power and renewable attributes from the 148 MW Boiling Springs Wind Farm.

North America is one of the focus markets of RWE, with a strong development pipeline in the renewables business. The installed capacity in the U.S. accounts for more than one third of the Group´s renewables capacity. As one of the largest renewables players worldwide RWE plans a net global investment of €5 billion from 2020 through 2022. Project partnerships have the potential to increase this expenditure considerably to € 8 – 9 billion.

RWE constructs, owns and operates some of the highest performing wind, solar and energy storage projects in the U.S. As an established leader in renewables, RWE has recently entered into a joint venture, New England Aqua Ventus, focused on floating offshore wind in the state of Maine.

For more information, go to americas.rwe.com.

For further inquiries:

Matt Tulis

Communication Manager

RWE Renewables

M +1 512 698 4043

E matthew.tulis@rwe.com

RWE Renewables
RWE Renewables, a subsidiary of the RWE Group, is one of the world’s leading renewable energy companies. With around 3,500 employees, the company has onshore and offshore wind farms, photovoltaic plants and battery storage facilities with a combined capacity of approximately 9 gigawatts. RWE Renewables is driving the expansion of renewable energy in more than 15 countries on four continents. By the end of 2022, RWE Renewables targets to invest €5 billion net in renewable energy and to grow its renewables portfolio to 13 gigawatts of net capacity. Beyond this, the company plans to further grow in wind and solar power. The focus is on the Americas, the core markets in Europe and the Asia-Pacific region.

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SOURCE RWE Renewables

Vertical Field Signs Pilot Agreement to Install Vertical Farms in the United Emirates

The agreement with Emirates Smart Solutions & Technologies (ESST) is expected to expand to a large-scale multi-million dollar partnership

RA’ANANA, Israel, Jan. 20, 2021 /PRNewswire/ — Vertical Field an Israeli ag-tech company specializing in vertical farming, has signed an agreement with Emirates Smart Solutions & Technologies (ESST) a company that develops innovative…

The agreement with Emirates Smart Solutions & Technologies (ESST) is expected to expand to a large-scale multi-million dollar partnership

RA’ANANA, Israel, Jan. 20, 2021 /PRNewswire/ — Vertical Field an Israeli ag-tech company specializing in vertical farming, has signed an agreement with Emirates Smart Solutions & Technologies (ESST) a company that develops innovative agricultural projects in the Persian Gulf, to deploy pilot vertical farms as a first stage to full-scale deployments in the United Arab Emirates.

Vertical Field develops vertical agricultural farms that enable crops to grow in the city. Vertical Field’s unique technology enables produce to grow on a bed of soil (geoponically) inside of repurposed shipping containers. Vertical Field’s advanced technologies enable high-quality crops to grow quickly and efficiently in optimum conditions without the use of chemical fertilizers or pesticides. These customizable urban farms can grow a range of fresh crops for supermarkets, restaurants, urban farmer’s markets, and distribution centers. Vertical Field’s technology is more efficient and less wasteful than conventional agricultural methods, using 90% less water, and growing precise quantities of produce in a controlled environment.

Produce inside Vertical Field’s containers can therefore grow 365 days a year, are not limited to seasonality constraints, weather conditions, extreme climate events, or geographic location. The farms are modular, expandable, and moveable, and can be managed automatically. Produce is grown in a sterile container with minimal human interference. Crops that are currently grown in the farm include: several varieties of lettuce, basil, parsley, kale, mint, and more, which are sold at competitive prices.

Within the framework of the UAE agreement, Vertical Field will conduct a pilot project that will ascertain the most suitable crops for the local market. The project will be conducted with the professional support and oversight of the Company’s Israeli agronomists. The vertical farm is designed to provide local and on-site produce that is free of chemical pesticides and fertilizers for both commercial establishments as well as the private sector. The first stage of the project will be launched in the United Arab Emirates, and is expected to expand into a multimillion dollar partnership that will include deployments in additional states of the Gulf region.

The first farm will be installed in Umm Al Quwain as part of a research, development, and training center, which is expected to support additional projects in the rest of the Gulf states.

According to the market research firm Markets and Markets, in 2020, the vertical farming industry reached $2.9 billion and is expected to reach $7.3 billion by 2025. Approximately 80% of the agricultural consumption in the Emirates is imported from around the world, equivalent to over $10 billion (2018). The rising costs of shipping food as well as an increased desire for food security and regional independence has played a strong role in the development of the ESST-Vertical Field partnership.

Guy Elitzur, CEO of Vertical Field said: «This collaborative project is a first-of-its-kind partnership that offers Vertical Field’s innovative agricultural technologies to the Emirates and the Gulf Region. The Makalde Group brings forty years of experience and wide knowledge in the field of agricultural inputs and resources and we bring the innovative technology. Arid desert regions face many challenges surrounding the production of high-quality agricultural produce at low prices. With the help of various agricultural technologies and new developments we believe that we can successfully align the demands of the market with competitive prices without compromising quality- and most importantly with increased access and availability.

Maher Makalde, CEO and Partner of ESST said: «We are excited for the opportunity to partner with Vertical Field and bring advanced Israeli vertical technology that enables the growth of produce in a controlled and predictable way, overcoming harsh outdoor climate conditions, and enabling reliable, high-quality, and pesticide-free produce year-round. Our goal is to establish food security that is independent of imports and to develop a high-quality agricultural infrastructure that reaches the retail market.»

About Verticval Field

Vertical Field is an Israeli agtech company that develops innovative vertical growing solutions for the urban ecosystem. The company, which was founded in 2006, has developed proprietary soil-based platforms that enable plants to grow efficiently indoors and outdoors- for both agricultural and smart landscaping purposes. The company employs multidisciplinary professionals, experts, researchers, and agronomists for the development of smart growth solutions that combine strategic design and development, a smart monitoring system, a unique soil-based platform, and automated irrigation and lighting for optimum efficiency and quality.

About ESST

ESST was established in partnership with Maher Makalde, the CEO of the Makalde Brothers LTD from Baqa al-Gharbiyye, which brings together Israeli technology and knowledge with local partners who contribute local experience and additional financial resources, with the overall goal of establishing technological innovation and fresh, high-quality produce to the region.

For further information https://www.verticalfield.com

Media Contacts:

Noa Winston
Director of Marketing
+972-52-3406321  
noaw@verticalfield.com

 

 

 

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SOURCE Vertical Field

Mycocycle Named to Startup Chicago Inaugural Class of Companies

BOLINGBROOK, Ill., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mycocycle, Inc., a leader in using mycoremediation to process toxins out of waste, was named to the inaugural class of companies for Startup Chicago. Startup Chicago is a new startup growth program recently announced by Mayor Lori E. Lightfoot, and developed by ChicagoNEXT, and World Business Chicago to drive national venture capital (VC) investment for <span…

BOLINGBROOK, Ill., Jan. 20, 2021 /PRNewswire-PRWeb/ — Mycocycle, Inc., a leader in using mycoremediation to process toxins out of waste, was named to the inaugural class of companies for Startup Chicago. Startup Chicago is a new startup growth program recently announced by Mayor Lori E. Lightfoot, and developed by ChicagoNEXT, and World Business Chicago to drive national venture capital (VC) investment for Chicago entrepreneurs.

«It is an honor to be highlighted as one of the most promising startups based in Chicago,» said Joanne Rodriguez, Mycocycle CEO. «We are excited about the opportunity to extend our reach while supporting economic development within our region.»

The initial startup database features over 100 local startup companies who are preparing for their next round of investments. The program’s goal is to connect regional and national venture capital firms and investors to explore investment opportunities in Chicago.

«As part of Startup Chicago, Mycocycle will benefit from the outreach and promotion including regional and national showcases that will allow the company to pitch directly to VC firms and investors outside of the state of Illinois,» explained Rodriguez.

Investors interested in exploring the official Startup Chicago database and learning more about exclusive virtual events can visit http://www.StartupChicago.net. Startup Chicago is supported by lead sponsor J.P. Morgan and William Blair, and sponsors Silicon Valley Bank (SVB) and the Toronto Stock Exchange & TSX Venture Exchange.

About Mycocycle
Mycocycle, Inc. was founded in October 2018. It is a woman-owned, early stage cleantech company using mycoremediation to process toxins out of waste. Mycocycle was recognized as a Finalist in FastCompany’s «2020 World Changing Ideas» Awards issue, a presenter for NREL’s 2020 Industry Growth Forum, a 2020 Innovation selection in the EPA’s Innovation and America Recycle’s Fair, and the winner of the Cleantech Open National 2020 Resiliency Challenge. Mycocycle has been named a 2021 Illinois Qualified New Business Venture under the Angel Investment Tax Credit Program. This program provides Illinois-based investors a state tax credit of 25 percent of their investment up to $2 million. For more information visit https://mycocycle.com/

Media Contact

Karen L. Edwards, Mycocycle, 7173180569, karen@casimirgroupllc.com

 

SOURCE Mycocycle

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.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/9097

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