Solar Farm Market to Reach $261.0 Bn, Globally, by 2027 at 19.8% CAGR: Allied Market Research

PORTLAND, Ore., March 8, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Solar Farm Market by Type (Utility-scale, Distributed Generation, Microgrids, and Others) and End User Industry (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global solar farm industry generated $61.4 billion in 2019, and is estimated to generate $261.0…

PORTLAND, Ore., March 8, 2021 /PRNewswire/ — Allied Market Research published a report, titled, «Solar Farm Market by Type (Utility-scale, Distributed Generation, Microgrids, and Others) and End User Industry (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global solar farm industry generated $61.4 billion in 2019, and is estimated to generate $261.0 billion by 2027, witnessing a CAGR of 19.8% from 2020 to 2027.

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Prime determinants of growth

Supportive government regulations for usage of photovoltaic technology drive the global solar farm market. However, high cost associated with installation hinders the market growth. Contrarily, increase in demand for renewable energy presents new opportunities in the coming years.

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Covid-19 Scenario

  • Manufacturing activities for solar farms have been stopped due to the lockdown imposed in many countries. In addition, raw material shortage has occurred.
  • China is the major supplier of solar panels across the world and the stoppage of production activity in the country impacted the global market, especially the U.S and South-East Asia.
  • Owing to economic uncertainty caused because of prolonged pandemic, some solar farm projects have been postponed or canceled.

The utility-scale segment to maintain its lead position throughout the forecast period

Based on type, the utility-scale segment contributed to around half of the global solar farm market in 2019, and is expected to maintain its lead position throughout the forecast period. This is due to surge in investments in grid expansion and integration technologies such as storage and UV connectivity. However, the distributed generation segment is projected to witness the highest CAGR of 20.3% from 2020 to 2027.

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The commercial segment to maintain its leadership status by 2027

Based on end-use industry, the commercial segment held the highest market share in 2019, accounting for around three-fifths of the global solar power plant market in 2019, and is expected to maintain its leadership status by 2027. Moreover, this segment is projected to portray the fastest CAGR of 20.3% from 2020 to 2027. This is due to increase in economies around the world, rise in urbanization, and adoption of solar energy by commercial buildings such as offices, malls, airports, and others to decrease the carbon footprint. The research also analyzes the industrial segment.

Asia-Pacific, followed by North America, to maintain its dominant position by 2027

Based on region, Asia-Pacific, followed by North America, accounted for the largest market share in 2019, contributing to more than two-thirds of the global solar farm market, and is expected to maintain its dominant position in terms of revenue by 2027. This is due to increase in government initiatives that raise the demand for PV energy and distribution of solar lighting systems in rural areas. However, Europe is expected to grow at the fastest CAGR of 21.1% from 2020 to 2027, owing to rise in production of solar energy, increase in construction activities that led to installation of BIPV systems to generate electricity, and implementation of stringent environmental regulations to reduce carbon emission.

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Leading market players

  • Trina Solar
  • Sharp Corporation
  • TATA Power Solar Systems Ltd.
  • First Solar, Inc.
  • BrightSource Energy, Inc.
  • Shenzhen Topray Solar Co. Ltd.
  • JA Solar Holdings Co. Ltd.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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SOURCE Allied Market Research

AgTech Leader Netafim to Acquire Dutch Greenhouse Company Gakon Horticultural Projects to Meet Growing Demand for Local Food Production in All Climates

TEL AVIV, Israel, March 8, 2021 /PRNewswire/ — Netafim, the global leader of precision irrigation solutions and agricultural projects, today announced that it has signed a definitive agreement to acquire Dutch turnkey greenhouse projects provider Gakon.

Netafim has been active for several decades in the greenhouse market and is now expanding its offering in the production and supply of top-tier greenhouse projects to meet…

TEL AVIV, Israel, March 8, 2021 /PRNewswire/ — Netafim, the global leader of precision irrigation solutions and agricultural projects, today announced that it has signed a definitive agreement to acquire Dutch turnkey greenhouse projects provider Gakon.

Netafim has been active for several decades in the greenhouse market and is now expanding its offering in the production and supply of top-tier greenhouse projects to meet the increasing demand for the most advanced farming methods. Driven by growing populations, the call for sustainable agriculture and increasing concern over food security there has been a surge of interest in locally grown fresh produce. Netafim will provide growers with a comprehensive offering of the best greenhouse technologies, structures, irrigation, fertigation, and crop growing expertise as well as other ag related services to enable farmers to maximize productivity and efficiency in all climate conditions.

The acquisition is synergetic, combining Netafim’s global presence and expertise in precision agriculture and Gakon’s advanced greenhouse technology.

With 56 years of agricultural project experience and array of advanced irrigation technologies utilized in 80% of the world’s professional high-end greenhouses, Netafim is well-established as a leading player in global agriculture technology. Gakon brings unique expertise in all aspects of greenhouse project execution, glasshouse manufacturing capabilities, and a proven track record in key markets. The expanded offering leverages Netafim’s capacity as a holistic destination for the increasing numbers of growers of year-round crops and farm-to-table local produce.

«Greenhouse projects were already a strategic priority for Netafim, with Covid-19 further validating the importance of food security and a local fresh supply. We are delighted to join forces with Gakon to enhance our in-house greenhouse related capabilities, including production, and provide local farmers and growers across the world with greenhouse solutions and services that will support both farmers and local food security,» said Gabriel (Gaby) Miodownik, Netafim CEO.

«Teaming up with Netafim unlocks a world of opportunities for us,» said Pieter van Berchum, Director of Gakon. «We are excited to be able to apply our deep knowledge and skills of greenhouse horticulture to new markets and be part of a group that is set to drive forward sustainable and profitable crop production.»

About Netafim
Netafim is the world’s largest irrigation company and the global leader in precision irrigation solutions committed to fighting scarcity of food, water, and land, for a sustainable future. With 33 subsidiaries and 17 manufacturing plants worldwide, Netafim offers innovative, tailor-made irrigation and fertigation solutions to millions of farmers from smallholders to large-scale agricultural producers, in over 110 countries.

Founded in 1965, Netafim pioneered the drip revolution, creating a paradigm shift toward precision irrigation. Today, the company specializes in end-to-end solutions from the water source to the root zone, and offers a variety of irrigation, open field and greenhouse projects, as well as landscaping and mining solutions supported by engineering, project management and financing services. Netafim also leads the way in digital farming, having integrated real-time monitoring, analysis, and automated control into one state-of-the-art system.

In 2017, Orbia acquired 80% of Netafim, while Kibbutz Hatzerim holds the remaining 20%. Netafim is part of the Orbia community of companies, working together to tackle some of the world’s most complex challenges.

About Gakon
Gakon Horticultural Projects is one of the leading companies in the world for producing, supplying, building, and servicing high quality turnkey horticultural projects. With 70 years of experience, Gakon has been managing projects from ideation to completion. In their headquarters with integrated production based in Westland, Netherlands, Gakon produces their own greenhouses.

See how Netafim’s solutions are changing the economics of agriculture and helping the world Grow More with Less™ at www.netafim.com.

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SOURCE Netafim

Homebuyers on a $2,500 Monthly Budget Stand to Lose $23,250 in Spending Power as Mortgage Rates Rise from Record Lows

SEATTLE, March 8, 2021 /PRNewswire/ — (NASDAQ: RDFN) — A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting earlier this year, according to a new report from Redfin…

SEATTLE, March 8, 2021 /PRNewswire/ — (NASDAQ: RDFN) — A homebuyer would lose $23,250 in spending power with a mortgage rate of 3.25% versus a 2.75% rate, where they were sitting earlier this year, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. At a 3.25% interest rate, a homebuyer can afford a $506,000 home for $2,500 per month, down from the $529,250 they could afford on the same budget with a 2.75% rate. To put it another way, the monthly payment on a $506,000 home would rise $110 with the higher mortgage rate, from $2,390 to $2,500.

Interest rates started to rise in mid-February after 30-year fixed mortgage rates reached a record low of 2.65% in the beginning of January, a continuation of five months of sub-3% rates as the Fed worked to stimulate the economy during the pandemic-driven recession. Partly as a result of record-low rates, home prices rose a near-record 14% year over year in January. The average mortgage rate hit 3.02% in the week ending March 4—the first time it has risen above 3% in seven months—and is likely to continue to increase, at least slightly, as the economy recovers.

Growth in the number of homes that have gone under contract has started to slow in recent weeks, but it’s too early to tell whether the trend is a result of winter storms, a shortage of homes for sale, or rising mortgage rates or whether the trend is likely to continue into spring or not.

«If the $1.9 trillion economic stimulus package that’s set to provide cash relief to Americans and get people back to work is successful, interest rates are likely to inch back up to pre-pandemic levels of about 3.5%. That would alter the dynamics of the housing market, though it wouldn’t necessarily put a damper on it,» said Redfin Chief Economist Daryl Fairweather. «The financial relief coming to families earning less than $150,000 will give more of them the desire and means to buy a home. That will result in more demand for affordable homes. That’s different from what we’re seeing now, which is a housing market driven by wealthy people purchasing relatively expensive homes. Higher mortgage rates will also make buyers more price conscious and less likely to bid 10% or more over asking, so we could see some of the intense competition slow down.»

Forty-four percent of respondents to a recent Redfin survey said mortgage rates rising above 3.5% would have no impact on their homebuying plans, while 10% would cancel their plans to buy a home.

«The small increase in mortgage rates has had zero impact on buyers so far,» said Seattle Redfin agent Ben Stanfield. «Rates are still historically low and they’re still keeping buyers in the market. Even though rates are creeping up, they’re not increasing nearly as quickly as home prices. If you can buy, it’s a good idea to buy now before homes become even more expensive.»

With a 3.25% interest rate, 68.4% of homes nationwide that were for sale any time between January 26 and February 25 were affordable on a $2,500 monthly budget. With a 2.75% rate, 70.1% of homes were affordable on that budget.

«Over the next few months, it will be important to keep an eye on inflation,» Fairweather said. «Inflation has the potential to change every aspect of homebuyers’ finances: It could change earnings, change budgets and change mortgage rates.»

Buyers have fewer options with a 3.25% interest rate in every metro—especially Denver, Sacramento and Riverside

With a 3.25% interest rate, 52.5% of homes for sale in Denver between January 26 and February 25 were affordable on a $2,500 monthly budget, versus 56.3% with a 2.75% rate. In Sacramento, 47% of homes for sale were affordable with a 3.25% rate, versus 50.6% with a 2.75% rate. The 3.7 percentage-point difference in each of those places is bigger than any other metro. Next comes Riverside, CA, with a 3.4 percentage-point difference (57.3% versus 60.7%).

Birmingham, Cleveland and Detroit each have just a 0.4 percentage-point difference in the share of homes affordable with the two different interest rates. In Birmingham, 87.3% of homes for sale were affordable on a $2,500 monthly budget with a 3.25% rate, just slightly fewer than 87.7% with a 2.75% rate. In Cleveland it’s 92% versus 92.4%, and in Detroit it’s 92.9% versus 93.3%.

Share of homes for sale affordable on a $2,500 monthly mortgage budget, 2.75% interest rate versus 3.25% interest rate

Metro area

Share of homes affordable on a $2,500 payment @ 2.75%

Share of homes affordable on a $2,500 payment @ 3.25%

Change in share of homes affordable, 2.75% vs. 3.25%

Atlanta, GA

79.5%

77.7%

-1.7 pts

Austin, TX

65.5%

63.3%

-2.2 pts

Baltimore, MD

80.2%

78.5%

-1.7 pts

Birmingham, AL

87.7%

87.3%

-0.4 pts

Boston, MA

36.5%

33.8%

-2.7 pts

Buffalo, NY

92.8%

92.0%

-0.7 pts

Charlotte, NC

79.9%

78.4%

-1.5 pts

Chicago, IL

76.3%

74.7%

-1.6 pts

Cincinnati, OH

86.4%

85.6%

-0.8 pts

Cleveland, OH

92.4%

92.0%

-0.4 pts

Columbus, OH

88.6%

87.4%

-1.2 pts

Dallas, TX

77.6%

75.4%

-2.1 pts

Denver, CO

56.3%

52.5%

-3.7 pts

Detroit, MI

93.3%

92.9%

-0.4 pts

Hartford, CT

88.0%

86.7%

-1.3 pts

Houston, TX

80.6%

79.1%

-1.4 pts

Indianapolis, IN

90.6%

89.6%

-1.0 pts

Jacksonville, FL

83.7%

82.7%

-1.0 pts

Kansas City, MO

84.8%

83.5%

-1.3 pts

Las Vegas, NV

79.7%

78.0%

-1.7 pts

Los Angeles, CA

17.6%

15.8%

-1.8 pts

Louisville, KY

90.1%

89.5%

-0.6 pts

Memphis, TN

89.1%

88.1%

-1.0 pts

Miami, FL

61.3%

59.5%

-1.7 pts

Milwaukee, WI

89.0%

88.1%

-0.9 pts

Minneapolis, MN

79.6%

77.5%

-2.1 pts

Nashville, TN

75.5%

73.6%

-1.9 pts

New Orleans, LA

80.6%

79.2%

-1.4 pts

New York, NY

33.9%

32.0%

-1.9 pts

Oklahoma City, OK

88.6%

87.7%

-0.9 pts

Orlando, FL

83.0%

81.6%

-1.3 pts

Philadelphia, PA

82.0%

80.6%

-1.5 pts

Phoenix, AZ

70.7%

68.9%

-1.8 pts

Pittsburgh, PA

89.1%

88.4%

-0.7 pts

Portland, OR

58.5%

55.3%

-3.2 pts

Providence, RI

77.4%

76.0%

-1.4 pts

Raleigh, NC

81.8%

80.2%

-1.7 pts

Richmond, VA

82.7%

80.9%

-1.8 pts

Riverside, CA

60.7%

57.3%

-3.4 pts

Sacramento, CA

50.6%

47.0%

-3.7 pts

Salt Lake City, UT

56.8%

54.4%

-2.4 pts

San Antonio, TX

86.5%

85.1%

-1.4 pts

San Diego, CA

23.1%

20.6%

-2.6 pts

San Francisco, CA

4.8%

3.8%

-0.9 pts

San Jose, CA

4.6%

3.9%

-0.7 pts

Seattle, WA

30.7%

28.0%

-2.7 pts

St. Louis, MO

89.6%

88.8%

-0.7 pts

Tampa, FL

81.4%

80.2%

-1.1 pts

Virginia Beach, VA

89.3%

88.2%

-1.1 pts

Washington, DC

58.7%

55.8%

-2.9 pts

National

70.1%

68.4%

-1.7 pts

 

To read the full report, including methodology and an interactive chart that shows how much a homebuyer can afford to spend at different mortgage interest rates, please visit: https://www.redfin.com/news/rising-mortgage-rates-decrease-purchasing-power

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country’s #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 95 markets in the United States and Canada. Since our launch in 2006, we have saved our customers nearly $1 billion and we’ve helped them buy or sell more than 310,000 homes worth more than $152 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin

Hyzon Motors Announces «Hydrogen Now™» Event To Showcase Virtual Ride Along in a Zero-Emission, Hydrogen Fuel Cell Powered Truck at Hyzon’s Production-Ready Groningen Facility

ROCHESTER, N.Y. and GRONINGEN, Netherlands, March 8, 2021 /PRNewswire/ — Hyzon Motors Inc. («Hyzon» or «the Company»), a leading global supplier of zero-emission hydrogen fuel cell powered commercial vehicles, today announced that it will hold the «Hydrogen Now» livestreaming event, which will feature an online livestream of a virtual ride along in one of the Company’s hydrogen fuel cell powered trucks. The virtual ride along will stream live from Hyzon’s European…

ROCHESTER, N.Y. and GRONINGEN, Netherlands, March 8, 2021 /PRNewswire/ — Hyzon Motors Inc. («Hyzon» or «the Company»), a leading global supplier of zero-emission hydrogen fuel cell powered commercial vehicles, today announced that it will hold the «Hydrogen Now» livestreaming event, which will feature an online livestream of a virtual ride along in one of the Company’s hydrogen fuel cell powered trucks. The virtual ride along will stream live from Hyzon’s European facility in the Groningen area of the Netherlands. Opportunities for Q&A will follow for pre-registered members of the media.

As announced on February 9, 2021, Hyzon has entered into definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB, DCRBW, DCRBU), a publicly-traded special purpose acquisition company (SPAC) that would result in Hyzon becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions, and is expected to occur in the second quarter of 2021.

Interested participants are invited to attend the virtual «Hydrogen Now» event to get a live look at the Hyzon fuel cell system, take a virtual seat behind the wheel, and go for a drive in a hydrogen fuel cell powered truck prior to its delivery to a local customer in Europe.

What:

Hyzon Motors «Hydrogen Now» event with Virtual Ride Along in a Hydrogen Fuel Cell Powered Truck

When: 

Wednesday, March 17, 2021, 9:00 a.m. to 9:20 a.m. US Eastern Standard Time

Where: 

The livestream can be accessed at: www.hyzonmotors.com/virtualdrive0321

Who: 

Hyzon executives will provide brief remarks ahead of the «Hydrogen Now» event and will be available to press for Q&A following the event. Media may request a virtual press pass from Hyzon’s US media contact.

Hyzon’s European operations were formed through a joint venture between Hyzon Motors and Holthausen Clean Technology B.V. to produce high quality, locally built, zero-emission commercial vehicles.

The Groningen facility is already assembling hydrogen fuel cell powered heavy vehicles, and Hyzon is taking orders for deliveries of Hyzon-branded commercial vehicles worldwide. In fact, Hyzon and Hiringa Energy (New Zealand) recently announced that the two companies had signed a vehicle supply agreement. Hyzon is targeting the delivery of 1,500 fuel cell powered heavy trucks by 2026 as part of the agreement with Hiringa. As binding orders for those trucks are placed, Hyzon anticipates fulfilling them from the Groningen facility, with first shipments planned for the second half of 2021.

About Hyzon Motors Inc.
Headquartered in Rochester, NY and with operations in Europe, Singapore, Australia and China, Hyzon is a leader in hydrogen mobility. Hyzon is led by co-founders George Gu, Craig Knight and Gary Robb and is a pure-play hydrogen mobility company with an exclusive focus on hydrogen in the commercial vehicle market. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to produce zero-emission heavy duty trucks and buses for customers in North America, Europe, and across the world. The company is contributing to the escalating adoption of hydrogen vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com

Forward-Looking Statements
This press release includes «forward-looking statements» within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act. All statements, other than statements of present or historical fact included in this press release, including those regarding Decarbonization Plus Acquisition Corporation’s («DCRB») proposed acquisition of the Company and DCRB’s ability to consummate the transaction, are forward-looking statements. When used in this press release, the words «could,» «should,» «will,» «may,» «believe,» «anticipate,» «intend,» «estimate,» «expect,» «project,» the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, DCRB and the Company disclaim any duty to update any forward looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. DCRB and the Company caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either DCRB or the Company, including risks and uncertainties described in the «Risk Factors» section of Exhibit 99.3 of DCRB’s Current Report on Form 8-K filed with the SEC on February 9, 2021 and other documents filed by DCRB from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Hyzon gives no assurance that Hyzon will achieve its expectations.

Hyzon Motors Contacts

For US, Europe and Asia Media:
Brian Brooks
H+K Strategies
713.858.8842
brian.brooks@hkstrategies.com

For Australian Media:
Fraser Beattie
Cannings Purple
fbeattie@canningspurple.com.au

For Investors:
Caldwell Bailey
ICR, Inc.
HyzonMotorsIR@icrinc.com

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SOURCE HYZON Motors

Advancements in Automotive Engine Systems Centred on Filtration Systems Underscores Growth in Automotive Engine Air Filter Market, Efforts to curb Greenhouse Gas Emissions Underlying Growth Factor: TMR

The automotive engine air filter market is mainly concentrating on maximizing the consistency of the air-fuel mixture by providing dust-free air to the automobile’s engine chamber

Due to the growth of the e-commerce industry, the automotive supply chain has observed a change in logistics and transportation patterns in recent times

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which…

The automotive engine air filter market is mainly concentrating on maximizing the consistency of the air-fuel mixture by providing dust-free air to the automobile’s engine chamber

Due to the growth of the e-commerce industry, the automotive supply chain has observed a change in logistics and transportation patterns in recent times

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which comprises developments, regulatory changes, emerging technology, and changing market demand. Initiatives to minimize the level of greenhouse gas emissions and environmental issues have driven automotive innovation over the last few years. In addition to that, there have been major advancements in automotive engine systems whereby filtration systems have become a crucial component. Research and development activities have accelerated in the recent years because developed countries around the globe, including the UK and the US, are concentrating more on improving energy efficiency throughout the automotive industry– an emerging trend that is predicted to remain throughout the projected timeline. Riding on the back of these market drivers, the global automotive engine air filter market is likely to observe growth over assessment timeline, from 2020 to 2030.

Transparency Market Research Logo

The global automotive engine air filter market is anticipated to reach around US$ 700 Mn by 2030, expanding at a growth rate of 2% CAGR over the forecast timeframe, from 2020 to 2030. Consumers’ increased purchasing power and per capita income are encouraging them to purchase cars, which is a major factor driving the global automotive engine air filter market. The market is also prophesized to be influenced by automakers’ uptake of automobile parts that improve vehicle performance.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=77178 

Key Findings of Market Report

  • Air Filter Design to Remain a Crucial Element Amongst the Industry Participants

Automotive companies are continuously devoting resources to better the efficiency of their engines and coming up with solutions that are in line with ongoing initiatives to protect the environment. Players in the global automotive engine air filter market are foreseen to concentrate on enhancing the performance of their products as the efficiency of these air filters influences the engine’s longevity. This move is likely to ensure optimum fuel efficiency in automobiles ranging in size from large to small. Although manufacturers are expected to concentrate on introducing high-quality items, product development plans are expected to be designed with maintenance in mind. This aspect is expected to keep automotive engine air filter designs a key subject matter of interest amongst industry participants, which is likely to foster growth of the global automotive engine air filter market in the near future.

  • Development of New Technologies Expected to Better New Filtration Systems

To get through the increasingly fierce competitive market, businesses in this market are anticipated to concentrate on the production of new technologies of filtration. To boost performance of the engine, innovations and market developments are focusing on improving the capability of particulate trapping. Market players are primarily concentrating their efforts on developing new technologies that would reduce airflow restriction, particle-removal quality, and improve dirt-holding capability. Although improving engine efficiency is likely to stay the primary goal, research is predicted to focus on the material type used throughout the system of filtration. Nano-fiber has evolved as an appropriate medium of filtration as a result of significant emphasis on enhancing filtration performance. The introduction of tier 4 engines has hastened the production of new media of filtration, which is anticipated to accelerate the growth of the market in near future.

Explore 314 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Automotive Engine Air Filter Market (Vehicle Type: Passenger Vehicle and Commercial Vehicle; Material Type: Paper, Cotton Gauze, Foam [Polyurethane], and Others; and Sales Channel: OEM and Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/automotive-engine-air-filter-market.html

Automotive Engine Air Filter Market: Growth Drivers

  • The automotive engine air filter market is currently aimed at providing dust-free air to automobile’s engine compartment to better efficiency and consistency of the air-fuel mixture. The rich mixture offers improvement in automobile efficiency whilst consuming less fuel.
  • Automakers are adapting to the strict rules and regulations relating to vehicle performance and emissions. Regulations enforced by various regulatory bodies and government authorities throughout Asia Pacific, Europe, and North America are being adopted widely.

Analyze Global Automotive Engine Air Filter Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Global Automotive Engine Air Filter Market: Key Competitors

  • Robert Bosch GmbH
  • Filtrak BrandT GmbH
  • Fildex Filter Canada Corporation
  • Donaldson Company, Inc.
  • UFI Filter SpA.
  • Mann+Hummels

Global Automotive Engine Air Filter Market: Segmentation

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Material Type

  • Paper
  • Cotton Gauze
  • Foam [Polyurethane]

Sales Channel

  • OEM
  • Aftermarket

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=77178 

Explore Transparency Market Research’s award-winning coverage of the Global  Automotive & Transport Industry:

Power-sports Batteries Market – Coupled with increasing investments toward the overall development of the electric vehicle infrastructure, the global power-sports batteries market is on the course to surpass the US$ 12.4 Bn mark by the end of 2030. 

Front-end Module Market – The front-end module market is expected to cross a value of US$ 100 Bn by 2030. OEMs are increasing efforts to offer full system solutions to automakers. With the help of manufacturing expertise in elastomer and polymer processing and highly specialized technology, companies are gaining competitive edge over other component suppliers.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,                                                                                                                
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: http://www.transparencymarketresearch.com  
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-engine-air-filter-market.htm

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Advancements in Automotive Engine Systems Centred on Filtration Systems Underscores Growth in Automotive Engine Air Filter Market, Efforts to curb Greenhouse Gas Emissions Underlying Growth Factor: TMR

The automotive engine air filter market is mainly concentrating on maximizing the consistency of the air-fuel mixture by providing dust-free air to the automobile’s engine chamber

Due to the growth of the e-commerce industry, the automotive supply chain has observed a change in logistics and transportation patterns in recent times

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which…

The automotive engine air filter market is mainly concentrating on maximizing the consistency of the air-fuel mixture by providing dust-free air to the automobile’s engine chamber

Due to the growth of the e-commerce industry, the automotive supply chain has observed a change in logistics and transportation patterns in recent times

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which comprises developments, regulatory changes, emerging technology, and changing market demand. Initiatives to minimize the level of greenhouse gas emissions and environmental issues have driven automotive innovation over the last few years. In addition to that, there have been major advancements in automotive engine systems whereby filtration systems have become a crucial component. Research and development activities have accelerated in the recent years because developed countries around the globe, including the UK and the US, are concentrating more on improving energy efficiency throughout the automotive industry– an emerging trend that is predicted to remain throughout the projected timeline. Riding on the back of these market drivers, the global automotive engine air filter market is likely to observe growth over assessment timeline, from 2020 to 2030.

Transparency Market Research Logo

The global automotive engine air filter market is anticipated to reach around US$ 700 Mn by 2030, expanding at a growth rate of 2% CAGR over the forecast timeframe, from 2020 to 2030. Consumers’ increased purchasing power and per capita income are encouraging them to purchase cars, which is a major factor driving the global automotive engine air filter market. The market is also prophesized to be influenced by automakers’ uptake of automobile parts that improve vehicle performance.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=77178 

Key Findings of Market Report

  • Air Filter Design to Remain a Crucial Element Amongst the Industry Participants

Automotive companies are continuously devoting resources to better the efficiency of their engines and coming up with solutions that are in line with ongoing initiatives to protect the environment. Players in the global automotive engine air filter market are foreseen to concentrate on enhancing the performance of their products as the efficiency of these air filters influences the engine’s longevity. This move is likely to ensure optimum fuel efficiency in automobiles ranging in size from large to small. Although manufacturers are expected to concentrate on introducing high-quality items, product development plans are expected to be designed with maintenance in mind. This aspect is expected to keep automotive engine air filter designs a key subject matter of interest amongst industry participants, which is likely to foster growth of the global automotive engine air filter market in the near future.

  • Development of New Technologies Expected to Better New Filtration Systems

To get through the increasingly fierce competitive market, businesses in this market are anticipated to concentrate on the production of new technologies of filtration. To boost performance of the engine, innovations and market developments are focusing on improving the capability of particulate trapping. Market players are primarily concentrating their efforts on developing new technologies that would reduce airflow restriction, particle-removal quality, and improve dirt-holding capability. Although improving engine efficiency is likely to stay the primary goal, research is predicted to focus on the material type used throughout the system of filtration. Nano-fiber has evolved as an appropriate medium of filtration as a result of significant emphasis on enhancing filtration performance. The introduction of tier 4 engines has hastened the production of new media of filtration, which is anticipated to accelerate the growth of the market in near future.

Explore 314 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Automotive Engine Air Filter Market (Vehicle Type: Passenger Vehicle and Commercial Vehicle; Material Type: Paper, Cotton Gauze, Foam [Polyurethane], and Others; and Sales Channel: OEM and Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/automotive-engine-air-filter-market.html

Automotive Engine Air Filter Market: Growth Drivers

  • The automotive engine air filter market is currently aimed at providing dust-free air to automobile’s engine compartment to better efficiency and consistency of the air-fuel mixture. The rich mixture offers improvement in automobile efficiency whilst consuming less fuel.
  • Automakers are adapting to the strict rules and regulations relating to vehicle performance and emissions. Regulations enforced by various regulatory bodies and government authorities throughout Asia Pacific, Europe, and North America are being adopted widely.

Analyze Global Automotive Engine Air Filter Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Global Automotive Engine Air Filter Market: Key Competitors

  • Robert Bosch GmbH
  • Filtrak BrandT GmbH
  • Fildex Filter Canada Corporation
  • Donaldson Company, Inc.
  • UFI Filter SpA.
  • Mann+Hummels

Global Automotive Engine Air Filter Market: Segmentation

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Material Type

  • Paper
  • Cotton Gauze
  • Foam [Polyurethane]

Sales Channel

  • OEM
  • Aftermarket

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=77178 

Explore Transparency Market Research’s award-winning coverage of the Global  Automotive & Transport Industry:

Power-sports Batteries Market – Coupled with increasing investments toward the overall development of the electric vehicle infrastructure, the global power-sports batteries market is on the course to surpass the US$ 12.4 Bn mark by the end of 2030. 

Front-end Module Market – The front-end module market is expected to cross a value of US$ 100 Bn by 2030. OEMs are increasing efforts to offer full system solutions to automakers. With the help of manufacturing expertise in elastomer and polymer processing and highly specialized technology, companies are gaining competitive edge over other component suppliers.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,                                                                                                                
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: http://www.transparencymarketresearch.com  
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-engine-air-filter-market.htm

Logo: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Advancements in Automotive Engine Systems Centred on Filtration Systems Underscores Growth in Automotive Engine Air Filter Market, Efforts to curb Greenhouse Gas Emissions Underlying Growth Factor: TMR

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which comprises developments, regulatory changes, emerging technology, and changing market demand. Initiatives to minimize the level of greenhouse gas emissions and environmental issues have driven automotive innovation over the last few years. In addition to that, there have been major advancements in automotive engine systems whereby filtration systems have become a…

ALBANY, N.Y., March 8, 2021 /PRNewswire/ — A number of factors influence developments in the automotive industry across the globe, which comprises developments, regulatory changes, emerging technology, and changing market demand. Initiatives to minimize the level of greenhouse gas emissions and environmental issues have driven automotive innovation over the last few years. In addition to that, there have been major advancements in automotive engine systems whereby filtration systems have become a crucial component. Research and development activities have accelerated in the recent years because developed countries around the globe, including the UK and the US, are concentrating more on improving energy efficiency throughout the automotive industry– an emerging trend that is predicted to remain throughout the projected timeline. Riding on the back of these market drivers, the global automotive engine air filter market is likely to observe growth over assessment timeline, from 2020 to 2030.

Transparency Market Research Logo

The global automotive engine air filter market is anticipated to reach around US$ 700 Mn by 2030, expanding at a growth rate of 2% CAGR over the forecast timeframe, from 2020 to 2030. Consumers’ increased purchasing power and per capita income are encouraging them to purchase cars, which is a major factor driving the global automotive engine air filter market. The market is also prophesized to be influenced by automakers’ uptake of automobile parts that improve vehicle performance.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=77178 

Key Findings of Market Report

  • Air Filter Design to Remain a Crucial Element Amongst the Industry Participants

Automotive companies are continuously devoting resources to better the efficiency of their engines and coming up with solutions that are in line with ongoing initiatives to protect the environment. Players in the global automotive engine air filter market are foreseen to concentrate on enhancing the performance of their products as the efficiency of these air filters influences the engine’s longevity. This move is likely to ensure optimum fuel efficiency in automobiles ranging in size from large to small. Although manufacturers are expected to concentrate on introducing high-quality items, product development plans are expected to be designed with maintenance in mind. This aspect is expected to keep automotive engine air filter designs a key subject matter of interest amongst industry participants, which is likely to foster growth of the global automotive engine air filter market in the near future.

  • Development of New Technologies Expected to Better New Filtration Systems

To get through the increasingly fierce competitive market, businesses in this market are anticipated to concentrate on the production of new technologies of filtration. To boost performance of the engine, innovations and market developments are focusing on improving the capability of particulate trapping. Market players are primarily concentrating their efforts on developing new technologies that would reduce airflow restriction, particle-removal quality, and improve dirt-holding capability. Although improving engine efficiency is likely to stay the primary goal, research is predicted to focus on the material type used throughout the system of filtration. Nano-fiber has evolved as an appropriate medium of filtration as a result of significant emphasis on enhancing filtration performance. The introduction of tier 4 engines has hastened the production of new media of filtration, which is anticipated to accelerate the growth of the market in near future.

Explore 314 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Automotive Engine Air Filter Market (Vehicle Type: Passenger Vehicle and Commercial Vehicle; Material Type: Paper, Cotton Gauze, Foam [Polyurethane], and Others; and Sales Channel: OEM and Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/automotive-engine-air-filter-market.html

Automotive Engine Air Filter Market: Growth Drivers

  • The automotive engine air filter market is currently aimed at providing dust-free air to automobile’s engine compartment to better efficiency and consistency of the air-fuel mixture. The rich mixture offers improvement in automobile efficiency whilst consuming less fuel.
  • Automakers are adapting to the strict rules and regulations relating to vehicle performance and emissions. Regulations enforced by various regulatory bodies and government authorities throughout Asia Pacific, Europe, and North America are being adopted widely.

Analyze Global Automotive Engine Air Filter Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Global Automotive Engine Air Filter Market: Key Competitors

  • Robert Bosch GmbH
  • Filtrak BrandT GmbH
  • Fildex Filter Canada Corporation
  • Donaldson Company, Inc.
  • UFI Filter SpA.
  • Mann+Hummels

Global Automotive Engine Air Filter Market: Segmentation

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Material Type

  • Paper
  • Cotton Gauze
  • Foam [Polyurethane]

Sales Channel

  • OEM
  • Aftermarket

Request the Covid19 Impact Analysis at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=77178 

Explore Transparency Market Research’s award-winning coverage of the Global  Automotive & Transport Industry:

Power-sports Batteries Market – Coupled with increasing investments toward the overall development of the electric vehicle infrastructure, the global power-sports batteries market is on the course to surpass the US$ 12.4 Bn mark by the end of 2030. 

Front-end Module Market – The front-end module market is expected to cross a value of US$ 100 Bn by 2030. OEMs are increasing efforts to offer full system solutions to automakers. With the help of manufacturing expertise in elastomer and polymer processing and highly specialized technology, companies are gaining competitive edge over other component suppliers.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,                                                                                                                
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: http://www.transparencymarketresearch.com  
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/automotive-engine-air-filter-market.htm

 

Cision View original content:http://www.prnewswire.com/news-releases/advancements-in-automotive-engine-systems-centred-on-filtration-systems-underscores-growth-in-automotive-engine-air-filter-market-efforts-to-curb-greenhouse-gas-emissions-underlying-growth-factor-tmr-301242282.html

SOURCE Transparency Market Research

Women Grow and Drug Policy Alliance Partner for New York State Women in Cannabis Lobby Day

ALBANY, N.Y., March 8, 2021 /PRNewswire-PRWeb/ — On Monday, March 8th, International Women’s Day, Drug Policy Alliance and Women Grow partner to bring women advocates and business leaders across all sectors of the cannabis landscape together in New York, joining virtually to bring attention to the need for more women and people of color to have opportunities to participate in a legal cannabis market. Leaders of over 20 organizations will…

ALBANY, N.Y., March 8, 2021 /PRNewswire-PRWeb/ — On Monday, March 8th, International Women’s Day, Drug Policy Alliance and Women Grow partner to bring women advocates and business leaders across all sectors of the cannabis landscape together in New York, joining virtually to bring attention to the need for more women and people of color to have opportunities to participate in a legal cannabis market. Leaders of over 20 organizations will demand legislators pass comprehensive cannabis legalization that includes provisions of accessible entry points into the lucrative market. Women are urging the prioritization of a social equity licensing system, small business loans, and an incubator program along with community reinvestment.

Even though women aren’t together in Albany for the Women in Cannabis Lobby Day, just as women have persisted in the fight for justice throughout our history, advocates will continue to bring attention to the urgent need for legalization. Advocates are ensuring their voices are heard by the Governor and Legislature through a social media mobilization blitz and daylong live-streamed programming.

Women of color who have been disproportionately impacted by cannabis criminalization and advocates will also speak to how New York must end prohibition once and for all while addressing the harmful impacts on women in child welfare, housing, employment, and immigration.

Women and Minority-Owned Businesses (MWBE) have historically been locked out of and overlooked in other industries, and not sought out by venture capital firms. To create an equitable industry, any legislation must explicitly outline pathways for women, especially women of color, to participate in the burgeoning legal market. Participants will also highlight the risks if lawmakers are not intentional in creating a regulated cannabis industry that doesn’t include women, as some other states have failed to do.

Women entrepreneurs and advocates call for the legalization of cannabis to include equity programs and provisions aimed at supporting women and minority-led businesses (MWBE) and repairing harms of criminalization that impacted women.

Featuring messages from elected officials, advocacy mobilization, and daylong programming. Panels discussions on:
● Why Should New York pass the Marijuana Regulation and Taxation Act
● How Adult-Use Legalization Affects Women
● What Expanded Medical Marijuana Means in an Adult-Use Market

Senator Liz Krueger, sponsor of the Marijuana Regulation and Taxation Act (MRTA)
Assembly Majority Leader Crystal Peoples-Stokes, sponsor of the Marijuana Regulation and Taxation Act (MRTA)
Assemblymember Latrice Walker
Assemblymember Harvey Epstein
Assemblymember Jessica Gonzalez Rojas
Assemblymember Richard Gottfried
Assemblymember Nathalia Fernandez
Assemblymember Inez E. Dickens
Senator Jeremy Cooney

Melissa Moore, Drug Policy Alliance
Gia Morón, Women Grow
Tanya Osborne, Women Grow | The CannaDiva
Saki Fenderson, TLBK
Cristina Buccola, Attorney
Pilar DeJesus, All that Jive NYC
Patricia Wright, Women of Color in Cannabis (WOCC)
Kimber Arezzi, Patient Advocate
Charlotte Hanna, Rebelle
Mary Kruger, Rochester NORML
Hillary Peckham, Etain
Colleen Mairead, The HEART Program
Ngiste Abebe Colombia Care
Dr. June Chin, MedLeafRX
Sharron Cannon, Curaleaf

Media Contact

Women Grow PR, Women Grow LLC, +1 3476788079, pr@womengrow.com

 

SOURCE Women Grow LLC

Jane Sun, CEO Trip.com Group: International Women’s Day – Emerging Stronger Together

SINGAPORE, March 8, 2021 /PRNewswire/ — Jane Sun, CEO and board member of leading global online travel services provider, Trip.com Group, shares her optimism for the future of gender equality after a year of outstanding achievements by women. As the world evolves following the pandemic, Sun celebrates female success and calls out areas for greater efforts, laying out a vision for how the world can emerge strong together in this piece. Having first joined Trip.com Group as CFO in 2005, Sun became…

SINGAPORE, March 8, 2021 /PRNewswire/ — Jane Sun, CEO and board member of leading global online travel services provider, Trip.com Group, shares her optimism for the future of gender equality after a year of outstanding achievements by women. As the world evolves following the pandemic, Sun celebrates female success and calls out areas for greater efforts, laying out a vision for how the world can emerge strong together in this piece. Having first joined Trip.com Group as CFO in 2005, Sun became CEO in 2016, and has been a powerful force in the travel industry as one of only a few female CEOs in the sector.

Jane Sun, CEO of Trip.com Group, a powerful force in the travel industry as one of only a few women leaders in the sector

Emerging Stronger Together 
by Jane Sun, CEO, Trip.com Group

The global fight against COVID-19 has defined the past year. Around the world, we battled one of the biggest challenges we have ever faced as a global community. Yet throughout this crisis, women around the world have shone. Frontline healthcare workers, essential workers, working mothers, and national leaders have all embodied a spirit of perseverance and strength that truly reflect the feelings I have when I think of International Women’s’ Day.

This year, more so than others, provides us with an opportunity to truly reflect on two crucial actions. To recognize and champion female success across life and around the world, and identify where more can be done to achieve gender equality.

At Trip.com Group, we are proud to be home to an over 50% female workforce. We see the benefits of this every day. Our staff showed incredible resilience, flexibility and initiative during the pandemic. Frontline customer service agents were in constant communication with customers to ensure they could get home safely, helping them make booking changes or secure the refund they required. We were able to pivot to provide crucial travel information to users on border restrictions and travel requirements, as well as update hotel and flight listings to display crucial COVID-19 notices. These achievements, and our continuous innovation to ensure we can keep serving our customers and partners as the travel industry evolves, is delivered by a company where women and men succeed together.

According to the Asian Development Bank, China has one of Asia-Pacific’s highest labor force participation rates for women, but the percentage of women in work has decreased in recent years. In 2019, women made up 43.7% of the total labor force, yet the proportion of the women in the workforce has decreased overall since the 1990s. This is a worrying trend that must be counterbalanced with a concerted effort to remove barriers to women entering and finding success in the workplace.

Women need equal opportunities in the labor market, where they can access employment without bias or prejudice. Decision-makers need to step up and take important strides to foster greater equality in leadership and workforces. We need to employ methods to actively support female staff and to make available opportunities for success. This must be done in tandem with reforming unfair practices and stopping the perpetuation of biases.

Working for change and leading with confidence, women in leadership today are having true global impact. We must celebrate and learn from Jacinda Ardern, Erna Solberg, Katrín Jakobsdóttir and female leaders around the world who showed what strong leadership looks like in such challenging times. Research shows female leaders scored higher in the majority of leadership competencies compared to their male counterparts, that they were often more direct in their concerns and showed higher levels of confidence in their responses. These characteristics and abilities are not uniquely female, they can be developed by any individual. When we recognize and champion behaviors and examples of success, they bring benefit to us all and help to improve society.

Women in leadership, especially strong successful female leaders, shouldn’t be unique or rare, yet they often are. Subtle, and sometimes obvious, gender bias affect the chances of achieving leadership positions in organizations. Women earn more than 57% of undergraduate degrees and 59% of all master’s degrees, and are quickly approaching half of all pursuing MBAs. However, only 6% of S&P 500 companies are led by women CEOs. These numbers clearly show that there are opaque obstacles to women’s mobility on the hierarchical ladder. The gender imbalance in boardrooms isn’t limited to one specific nation or region. According to research conducted by Grant Thorton, in 2020 in APAC, women held only 27% of senior managerial positions, one of the lowest proportions globally. 

At Trip.com Group, we champion female success. We purposefully celebrate women in leadership, implement gender-inclusive employment policies and foster a positive work culture. Through these efforts, we have been able to attract female talent and create a company where women hold 41% of mid-level managerial positions and over 30% of executive posts.

We can all do more to ensure we have a diversity of voices in boardrooms, offices and workspaces around the world. I am an ardent believer that the most successful teams are those made up with a balance of genders. Our goal in pursuing gender equality is to ensure equal opportunity and rewards for success for all individuals, regardless of gender.

Whereas the past year will be remembered in history for the huge bearing COVID-19 had on the world, we are positive for the future. Women in leadership have global impact, and we must continue to champion them and the achievements of women around the world. We have weathered the storm of the pandemic together. Now, as we gain control and begin to exit this crisis, let’s grasp this opportunity to emerge stronger together.

About Trip.com Group:

Trip.com Group Limited is a leading one-stop travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group enables local partners and travelers around the world to make informed and cost-effective bookings for travel products and services, through the aggregation of comprehensive travel-related information and resources, and an advanced transaction platform consisting of mobile apps, websites and 24/7 customer service centers. Founded in 1999 and listed on NASDAQ in 2003, Trip.com Group has become one of the best-known travel brands in the world, with the mission of ‘making every trip the perfect trip’.

For additional information, visit Trip.com Group Newsroom

Trip.com Group Logo

Photo – https://mma.prnewswire.com/media/1451423/Jane_Sun_CEO_Trip_com_Group_a_powerful_force_travel.jpg

Logo – https://mma.prnewswire.com/media/1451469/Trip_com_Group_Logo.jpg

 

New PureProtect 365 by RideKleen Delivers One-Year Odor Control Guarantee

ATLANTA, March 8, 2021 /PRNewswire/ — To reinforce its pledge to deliver long-term solutions to more sustainable vehicle hygiene, mobile vehicle care leader RideKleen introduces PureProtect 365, a new antimicrobial solution delivering guaranteed odor control for up to one year1. PureProtect 365 by RideKleen features an XMicrobe™ solution from Xzilon® that offers a lasting biostatic layer that punctures the thin lipid exterior of odor causing germs, viruses and…

ATLANTA, March 8, 2021 /PRNewswire/ — To reinforce its pledge to deliver long-term solutions to more sustainable vehicle hygiene, mobile vehicle care leader RideKleen introduces PureProtect 365, a new antimicrobial solution delivering guaranteed odor control for up to one year1. PureProtect 365 by RideKleen features an XMicrobe™ solution from Xzilon® that offers a lasting biostatic layer that punctures the thin lipid exterior of odor causing germs, viruses and bacteria, neutralizing threats that land on treated surfaces. The PureProtect 365 product also protects against stains from spills, grease, dye transfer and UV fading, and leaves the surface easier to clean.

The purchase of PureProtect 365 by RideKleen includes a one-year warranty where if odor is noticed inside of the vehicle within one year of application, a warranty claim can be made, and reapplication will be conducted by Xzilon’s expansive mobile network which can reach anywhere in the U.S.

Vehicle odor is one of the first signs of germs being present. These odors can often linger by becoming trapped in the vehicle, especially in upholstery carpet, fabric interiors and air conditioning systems. This is reason enough for 63% of rental customers and 59% of rideshare users to request a new vehicle, creating more work for operators and negatively impacting the customer experience2.

«RideKleen’s charge to rethink clean extends beyond the current pandemic,» said Pratik Patel, president of RideKleen. «With a focus on the customer experience, we’re equipping vehicle owners, fleet operators and other mobility service providers with the now-essential sanitization and disinfection solutions to drive consumer confidence and overall vehicle safety.»                                        

A Worthwhile Investment in Vehicle Protection
According to the Cox Automotive 2020 Cox Automotive COVID-19 Consumer Impact Study, nearly half of vehicle shoppers (47%) are willing to pay for extended sanitization services. This could mean more revenue for automotive dealers, as well as car wash operators offering this enhanced level of service. Moreover, with the on-demand economy showing no signs of slowing, fleet owners and operators are also in a good position to reap the benefits from PureProtect 365 by RideKleen. In the same survey, these numbers increased substantially with gig drivers – 81% of ride-share drivers and 75% of food delivery drivers – willing to pay for long-term vehicle protection.

Protection Proven to Last
In May 2020, RideKleen introduced PureProtect, an eco-conscious hospital grade cleaner and disinfectant from Caring Brands that sanitizes and disinfects the entire vehicle, including the interior cabin, A/C ventilation system, trunk and cargo areas. The EPA-registered and approved antimicrobial cleaner that is food safe and made in the United States is approved for use on hard and soft surfaces and kills up to 99.9% of germs, bacteria, mold, mildew and emerging viruses. Moreover, unlike most solutions offering temporary protection, PureProtect by RideKleen provides an ongoing residual effect to inhibit the growth of harmful mold and mildew for up to four weeks post-treatment – keeping vehicles protected for an extended period of time.

For more details on RideKleen’s PureProtect lineup of hospital grade sanitization and disinfection solutions, including new PureProtect 365, please visit www.ridekleen.com/products. Products can also be purchased using the QR codes below.

About RideKleen
RideKleen, a Cox Automotive brand within the company’s Mobility Group, is the national leader in eco-conscious mobile car care and fleet maintenance services. Serving key metro markets across the U.S., RideKleen delivers operational excellence to reduce time out of service and increase the utilization of fleets and shared fleets. Learn more about RideKleen at www.ridekleen.com

About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company’s more than 27,000 team members and family of brands, including Autotrader®, Clutch Technologies, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billionwww.coxautoinc.com 

1 Xzilon, Inc. hereby guarantees the applied XMicrobe™ product will help prevent damage to the treated interior surfaces caused by permanent stains, UV exposure and temperature extremes; and will help prevent damage to the treated interior seating surfaces. XMicrobe™ will also help prevent odors caused by bacteria, microbes, mold, mildew, fungi and algae on the treated interior surfaces or a/c vents with XMicrobe™. Should the treated interior surfaces become damaged by stains, UV exposure or temperature extremes, Xzilon, Inc. will repair such condition completely free of charge, subject to the «WHAT THIS LIMITED WARRANTY DOES NOT COVER» section in this Limited Warranty. Should the treated interior seating surface become damaged by a rip, puncture or burn, Xzilon, Inc. will repair and/or replace the damaged area completely free of charge, subject to the «WHAT THIS LIMITED WARRANTY DOES NOT COVER» section in this Limited Warranty. Xzilon, Inc. reserves the right to attempt repair of any covered damage using professional reconditioning prior to the replacement with either an upholstery insert or replacement seating component. Should the treated interior surfaces or a/c vents with XMicrobe™ have odors caused by bacteria, microbes, mold, mildew, fungi and algae, Xzilon, Inc. will remedy such condition completely free of charge, subject to the «WHAT THIS LIMITED WARRANTY DOES NOT COVER» section in this Limited Warranty.

2 Cox Automotive Consumer Odor Poll (October 2020)

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SOURCE RideKleen