Automotive Acoustic Engineering Services Market to Reach $4.80 Bn, Globally, by 2027 at 7.8% CAGR: Allied Market Research

Surge in customer preference for cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market

PORTLAND, Oregon, July 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Acoustic Engineering Services Market by Offering (Physical Acoustic Testing and…

Surge in customer preference for cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market

PORTLAND, Oregon, July 14, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Acoustic Engineering Services Market by Offering (Physical Acoustic Testing and Virtual Acoustic Testing), Software (Vibration, Simulation, Signal Analysis and Calibration), Application (Interior, Body & Structure, Powertrain and Drivetrain), and Vehicle Type (Passenger Vehicle, Commercial Vehicle, and Electric Vehicle): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive acoustic engineering services industry was estimated at $2.61 billion in 2019, and is anticipated to hit $4.80 billion by 2027, registering a CAGR of 7.8% from 2020 to 2027.

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Drivers, restraints, and opportunities-

Government regulations pertaining to vehicle noise and increase in customer preference for enhanced cabin comfort and luxury features drive the growth of the global automotive acoustic engineering services market. On the other hand, high initial investment and augmented usage of rental and used acoustic testing equipment impede the growth to some extent. However, rise in the trend of engine downsizing is expected to create multiple opportunities in the industry.

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COVID-19 scenario-

  • Automotive acoustic engineering services include designing and testing of the sound originating from the engine. And, with the global lockdown in effect, logistics slowdown has naturally become a common threat for the industry. Likewise, production facilities of the required electronic parts have also come to a halt.
  • However, with several government bodies coming up with relaxations on the existing regulations, it’s projected that there won’t be any more shortage in the essential workforce and the market would also be able to retrieve its position in terms of revenue.

Get detailed COVID-19 impact analysis on the Automotive Acoustic Engineering Services Market at Request Here

The virtual acoustic testing segment to dominate by 2027

Based on offering, the virtual acoustic testing segment contributed to nearly three-fourths of the global automotive acoustic engineering services market share in 2019, and is expected to rule the roost by the end of 2027. The same segment would also portray the fastest CAGR of 8.2% from 2020 to 2027. This is attributed to the fact that virtual acoustic testing helps in real-time monitoring of vehicle condition.

The stimulation segment to maintain the dominant share-

Based on software, the simulation segment accounted for more than two-fifths of the global automotive acoustic engineering services market revenue in 2019, and is anticipated to lead the trail till 2027, owing to the fact that simulation helps to replicate the external factors of the vehicle through which generated noise can be determined. The vibration segment, on the other hand, would manifest the fastest CAGR of 8.2% throughout the forecast period. This is because this software helps in determining the vibrations of different components as well as aids in reduction of vibrations to a larger extent.

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Asia-Pacific, followed by Europe and North America, garnered the major share in 2019-

Based on geography, Asia-Pacific, followed by Europe and North America, held the major share in 2019, generating more than one-fourth of the global automotive acoustic engineering services market. This is due to increased production and sales of vehicles across the region.  At the same time, Europe would grow at the fastest CAGR of 8.7% during the study period. The fact that Europe happens to adopt huge vehicular technologies as compared to any other province has driven the market growth.

Key players in the industry-

  • Autoneum
  • Siemens Industry Software Inc.
  • Bertrandt AG
  • STS Group AG
  • Brüel & Kjær
  • EDAG Engineering GmbH
  • FEV Group GmbH
  • HEAD acoustics GmbH
  • Schaeffler Engineering GmbH
  • AVL

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Brisa, the Parent Company of Lassa Tyres, Is Featured Amongst Global Leaders in CDP’s Climate Change Program

ISTANBUL, July 14, 2020 /PRNewswire/ — Brisa Bridgestone Sabancı Tyre Manufacturing Inc. received an «A» rating and is featured amongst global leaders in Carbon Disclosure Project’s (CDP) Climate Change Program’s «Supplier Communication Rating» list, which has been formed for the first time.  

 

<img id="prnejpg4a3aleft" title="Lassa Tyres Logo" border="0" alt="Lassa Tyres Logo" align="middle"…

ISTANBUL, July 14, 2020 /PRNewswire/ — Brisa Bridgestone Sabancı Tyre Manufacturing Inc. received an «A» rating and is featured amongst global leaders in Carbon Disclosure Project’s (CDP) Climate Change Program’s «Supplier Communication Rating» list, which has been formed for the first time.  

 

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Brisa, the parent company of Lassa Tyres, which is also featured amongst the CDP Turkey Climate Change leaders, carries on with the Fight Against Climate Change Program focusing on the environment, and by setting-up social and corporate governance systems.

CDP is an international environmental reporting platform based in London holding the largest corporate climate change, water and forestry-risk data at hand.  Brisa, the parent company of Lassa, featured amongst global leaders with an «A» rating in the «Supplier Communication Rating» category of CDP’s program, which aims to govern climate change risks as well as to report the collaboration performance in the supply chain.

Brisa was further awarded with an «A-» rating in CDP’s Climate Change Program for its work to reduce the effects of climate change and protect natural resources. Brisa also earned itself a place in the awards-podium in CDP Turkey Climate Change Leaders category.

Brisa Bridgestone Sabancı Tyre Manufacturing Inc. CEO, Haluk Kürkçü stated; «As the COVID-19 global pandemic also unfolded; we all need to take responsibility for the future of the world. As Brisa, we are whole-heartedly becoming a part of the solution. During the last 15 years, we have been consistently carrying on the Climate Change Response Program with concrete projects with an environment, social and corporate governance focused perspective. Today, taking advantage of our R&D and digitalization projects, we are making further progress in our sustainability journey that took its first steps in 1990s and opening unchartered territory for others. We are now being announced as one of the global leaders of CDP’s Climate Change Program supplier communication category. We are thankful that our steps in the field of sustainability are crowned with awards. As Brisa, this success and global leadership makes us proud of ourselves and motivates us for the future.»

Brisa, under whose leadership Lassa Tyres operate, has been following carbon emissions data since 2005 and has been reporting to CDP its carbon emissions and water data since 2011. The company surpassed its goal to reduce carbon emissions per unit production in 2020 by 25% compared to its 2005 data by 6 points and reached 31% reduction with a year in advance in 2019. Brisa further set-up a goal to reduce water consumption by 61% in 2020 compared to 2008 and reached 53% water savings level in 2019. Brisa also reduced its energy consumption by 40% in 2019 compared to 2008, when it first started its energy conservation projects, with the contribution of a total of 421 projects it has carried on thus far.

Brisa, the governing body of Lassa Tyres, also became the first company in Turkey and Europe to earn the ISO14046 Water Footprint Standard in 2017.

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Polyplastics Targets DURANEX(R) PBT Grades for Autonomous Driving Applications

TOKYO, July 14, 2020 /PRNewswire/ — As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company’s DURANEX(R) PBT materials–targeted for actuators and communications equipment–deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock…

TOKYO, July 14, 2020 /PRNewswire/ — As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company’s DURANEX(R) PBT materials–targeted for actuators and communications equipment–deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock resistance.

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In by-wire systems, the actuator requires a higher level of reliability as ADAS parts become more sophisticated and electronic controls become automated. Polyplastics’ DURANEX(R) PBT is chosen for many electric actuator parts because it capably continues to perform even in harsh environments. Underbody parts are exposed to water and snow-melting agents from road surfaces as well as oil and other substances. These parts also heat up since they are close to the engine, motor, and other heat-generating parts. As a result, PBT is chosen in many actuator parts due to its high heat resistance, superior chemical resistance, and low rate of water absorption.

DURANEX(R) PBT 330HR, 531HS, and 532AR are grades with the superior durability (hydrolysis resistance) to withstand conditions such as these. DURANEX 532AR has resistance to alkali matter and does not easily experience stress cracking even when in contact with rust fluid from metal. This makes it optimal for parts on the underside of cars.

In communications equipment, flame-retardant PBT resins are also in demand in motor applications exposed to high voltages, batteries, and charging parts. DURANEX(R) PBT 750AM is a UL V-0 grade with a high level of durability in car-mounted environments. Since it also possesses the ability to stabilize the shapes of cases and connectors, this grade is increasingly being used in auto parts that require flame retardancy in recent years.

Please visit: https://www.polyplastics.com/en/product/lines/pbt_adas/index.html

About Polyplastics

The Polyplastics Group is a global leader in the development and production of engineering thermoplastics. The Group’s product portfolio includes PBT, polyoxymethylene (POM), polyphenylene sulfide (PPS), liquid crystal polymer (LCP), and cyclic olefin copolymer (COC). With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources.

DURANEX(R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.

Need to Curb Burgeoning Environmental Hazards Acting as Building Blocks of Growth for Vehicle Battery Market, ~3% CAGR Across 2020-2030 Predicted by Transparency Market Research

-The escalation in the production of vehicle batteries due to the rise in the adoption of electric vehicles is a significant growth generator for the vehicle battery market

-The growing interest of investors and corporations in the research and development of vehicle batteries may further bring exponential growth opportunities for the vehicle battery market

ALBANY, New York, July 13, 2020 /PRNewswire/ — The mounting environmental concerns present a bleak future…

-The escalation in the production of vehicle batteries due to the rise in the adoption of electric vehicles is a significant growth generator for the vehicle battery market

-The growing interest of investors and corporations in the research and development of vehicle batteries may further bring exponential growth opportunities for the vehicle battery market

ALBANY, New York, July 13, 2020 /PRNewswire/ — The mounting environmental concerns present a bleak future for the coming generations. To tackle environmental concerns and impart a clean and green future for the existing and upcoming generations, various countries are coming up with strict environmental norms to curb emissions. The promotion of e-vehicles use is one of the prime initiatives for reducing the carbon footprint. Therefore, the vehicle battery market will largely benefit from such initiatives, bringing tremendous growth opportunities.

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Specialists at the Transparency Market Research predict that the global vehicle battery market is estimated to transcend US$ 65 bn by 2030 at a ~3% CAGR during the forecast period of 2020-2030. Numerous automotive majors are shifting their business strategies toward developing e-automobiles as a large pool of consumers are preferring e-vehicles.

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Useful Insights by the Analysts at Transparency Market Research on Vehicle Battery Market

One of the TMR analysts stated «Battery innovations in EVs are one of the prime focal points for manufacturers. However, the mass adoption of EVs still remains a challenge, owing to changing consumer behavior, and unsure technological developments and government policies. As such, companies in the vehicle battery market should capitalize on the industry-wide trend of decline in EV battery costs and its performance innovations to reassure faith among the buyers.»

On the flip side, the TMR analysts also highlighted the disruption caused by the novel coronavirus and its effect on the global market. The analysts shed light on the goal of the Chinese companies to broaden their production capacities for stabilizing the economic growth. Furthermore, they suggested the key players of the vehicle battery market to focus on opportunities from renewable energy sources for increased production capabilities.

Uncover 261 pages of intelligent research, current market scenario, and extensive geographical projections. Gain insights onVehicle Battery Market (Battery Type: Lead Acid, Lithium Ion, and Others; Vehicle Type: ICE/Micro Hybrids/Start-Stop Vehicles, Mild Hybrid/Fully Hybrid Vehicle, and Plug-in Hybrid/ Battery Electric Vehicle; Sales Channel: OEM and Aftermarket; and Vehicle Class: Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/vehicle-battery-market.html

Vehicle Battery Market: Vital Findings

  • The plug-in hybrid/ battery electric vehicle segment is estimated to balloon at a growth rate of 18.24% in terms of volume
  • Based on battery type, the lithium-ion segment projects an upward trajectory at 16.42% CAGR during the 2020-2030 forecast period
  • Based on vehicle class, the passenger vehicle segment is estimated to grow at a rapid pace
  • On the horizon of geographical landscape, Asia Pacific held a vital share in 2019 and expects to display the same picture across the aforementioned forecast period

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Vehicle Battery Market: Vital Growth Factors

  • The noticeable rise in the sales of e-vehicles in urban areas is proving to be a growth multiplier for the vehicle battery market
  • The environmental crisis is ringing alarm bells across the world with pollution levels at an all-time peak; hence, the urgency to tackle rising pollution is fuelling the growth of the vehicle battery market
  • Introduction of affordable and lightweight batteries with supercapacitors are also churning growth for the vehicle battery market
  • Growing focus on electrification of highways and promotion of e-vehicles by the government further propels the growth rate of the vehicle battery market

Analyze Vehicle Battery 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

Vehicle Battery Market: Competitive Scenario

The vehicle battery market has a hybrid landscape of both local and international players in competition with each other. Major manufacturing companies are collaborating with scientists and researchers to curb snags and produce vehicle batteries that carry their functions effectively. In addition, mergers, acquisitions, joint ventures and collaborations also prove to be growth generators for the vehicle battery market

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The vehicle battery market can be segmented into the following parameters:

By Battery Type

  • Lead Acid
  • Lithium Ion
  • Others

By Vehicle Type

  • ICE/Micro Hybrids/ Start-Stop Vehicles
  • Mild Hybrid/ Fully Hybrid Vehicle
  • Plug-in Hybrid Vehicle/ Battery Electric Vehicle

By Sales Channel

  • OEM
  • Aftermarket

By Vehicle Class

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
  • Explore Transparency

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

Hub Motor Market – Global hub motor market for electric vehicle is projected to reach US$ 27.4 Bn by 2030, expanding at a CAGR of 22.5% during the forecast period. Rise in demand for fuel-efficient and lightweight vehicles across the globe, which provide comfort and noiseless driving, is likely to propel the hub motor market for electric vehicle. Increase in vehicle electrification across the globe due to enactment of vehicle emission standards is likely to boost the demand for electric vehicles across the globe.

All-Wheel Drive (AWD) Vehicle Market – global all-wheel drive (AWD) vehicle market is projected to surpass US$ 679.8 Bn by 2030, expanding at a CAGR of 5% during the forecast period. Increase in global warming across the globe is prompting most vehicle manufacturers to develop efficient vehicle technologies for their vehicles, which in turn is anticipated to boost the all-wheel drive (AWD) vehicle market across the globe.

Forklift Tire Market – The global forklift tire market is estimated to expand at a CAGR of ~5% and surpass US$ 3.3 Bn by 2030, driven by the increase in adoption of forklifts across industries to improve productivity and safety of workers. The forklift tire market is largely concentrated in East Asia, Europe, and North America, owing to the presence of large industries in the region.

Microcars Market – the global Microcars market is projected to reach ~US$ 12.7 Bn by 2030, expanding at a CAGR of ~15% during the forecast period. Growing environmental concerns, increasing fuel prices, and traffic congestion globally have laid emphasis on improving transportation facilities. Thus, vehicle manufacturers are focusing on the development of comfortable, affordable, and fuel-efficient small vehicles. This is likely to boost the microcars market during the forecast period.

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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 analyze 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.

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Automotive Camera Market Worth $12.2 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 10, 2020 /PRNewswire/ — According to the new market research report «Automotive Camera Market by Application (ADAS, Park Assist), View Type (Single View, Multi-Camera), Technology (Thermal, Infrared & Digital), Level of Autonomy (L1, L2&3, L4, L5), Vehicle &…

CHICAGO, July 10, 2020 /PRNewswire/ — According to the new market research report «Automotive Camera Market by Application (ADAS, Park Assist), View Type (Single View, Multi-Camera), Technology (Thermal, Infrared & Digital), Level of Autonomy (L1, L2&3, L4, L5), Vehicle & Class, Electric Vehicle and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Automotive Camera Market is projected to reach USD 12.2 billion by 2025 from USD 6.8 billion in 2020, at a CAGR of 12.4% during the forecast period. The rising demand for semi-autonomous and autonomous driving, focus on advanced safety systems, increasing adoption of driving assistance features, and increasing consumer disposable income will fuel the demand for automotive cameras. Moreover, increasing adoption of ADAS & safety features, focus on vehicle safety, government safety regulations, and focus on reducing accidents are going to play a pivotal role in the adoption of automotive cameras in the future.

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The COVID-19 pandemic has resulted in halted production and plunged sales and has forced key players in the global automotive field to rethink their strategies. Rescheduling the launch of models and projects, stabilizing dealer networks, tightly managing cash, and reviewing investment portfolio has affected the production and sales of passenger and commercial vehicles across the globe, which has resulted in a dip in the Automotive Camera Market in 2020.

Browse in-depth TOC on «Automotive Camera Market»
435 – Tables
69 – Figures
341 – Pages

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Park assist segment, by application, is estimated to hold the largest market share during the forecast period.

The park assist segment is estimated to be the largest segment of the Automotive Camera Market. The government mandates and increasing penetration of camera-based features are some of the major factors driving this segment. Currently, park assist features are most commonly used in vehicles. The majority of vehicles are equipped with the digital rearview camera that assists the driver while parking a vehicle. Moreover, the US and Canadian governments have mandated the rearview camera because of its safety benefits. Canada has made rearview camera systems mandatory in new cars since May 2018.

Passenger Car segment is estimated to be the fastest growing market, by vehicle type, from 2020 to 2025

The passenger car segment makes a major contribution to the Automotive Camera Market. The increased demand for safety systems in emerging markets can be attributed to improving road safety standards, supporting legislation, and consumer awareness. Additionally, several countries in Europe, North America, and Asia Pacific have introduced regulations that mandate the incorporation of various types of ADAS in the passenger car segment. The standard of living is also improving in several countries, which results in increased demand for luxury vehicles. ADAS and park assist are installed widely in luxury vehicles as a standard package than in mid and lower segment vehicles, where they are offered as optional or not available in specific variants. Hence, provide opportunities for the growth of the Automotive Camera Market in passenger car.

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Asia Pacific to be the largest market for automotive camera in 2025

Asia Pacific is expected to account for the largest market share by 2025, followed by Europe and North America. Increasing demand for a safe, efficient, and convenient driving experience; rising disposable income in emerging economies; and stringent safety regulations across the globe are the drivers of the Automotive Camera Market in Asia Pacific. Low automobile market penetration and increased vehicle production in this region offer attractive market opportunities to automobile manufacturers and tier-1 suppliers. With an increase in the production of vehicles, the demand for driver assist features is expected to increase. This, in turn, is expected to drive the growth of the Automotive Camera Market in the region. Further, steady growth in the demand for semiautonomous vehicles in the emerging markets of Asia Pacific has also created an opportunity for the growth of the Automotive Camera Market.

The Automotive Camera Market is dominated by globally established players such as Continental (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Magna (Canada). Also, Intel (Mobileye) (US), Autoliv (Sweden), Ficosa (Spain), and Clarion (Japan) provide automotive camera.

Browse Related Reports:

ADAS Market by System (ACC, DMS, IPA, PDS, TJA, FCW, CTA, RSR, LDW, AEB, & BSD), Component (Radar, LiDAR, Ultrasonic, & Camera Unit), Vehicle (PC, LCV, Bus, & Truck), Level of Autonomy (L1, L2&3, L4, L5), Offering, EV, and Region – Global Forecast to 2030

Semi-Autonomous & Autonomous Truck Market By Level of Automation (Level 1, Level 2 & 3, Level 4, and Level 5), Propulsion (Diesel, Electric, and Hybrid), Application, Truck Class, ADAS Features, Sensor, and Region – Global Forecast to 2030

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

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Nexteer Recognized by General Motors as a 2019 Supplier of the Year Winner

AUBURN HILLS, Mich., July 10, 2020 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.

During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or introduced…

AUBURN HILLS, Mich., July 10, 2020 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.

During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or introduced innovations to the company. The awards ceremony was originally scheduled as a live-event to be held in March, but was postponed due to the impact of the COVID-19 pandemic. The recognition is for supplier performance in the 2019 calendar year.

This is the first time Nexteer has received the Supplier of the Year award. Nexteer was previously recognized with GM’s Innovation Award in 2017 for High Availability Electric Power Steering System (EPS).

«Our suppliers play a key role in delivering the products, services and experiences our customers deserve – and these award-winning suppliers went above and beyond our expectations,» said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

The Supplier of the Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

«Nexteer is honored to be recognized for the value we bring to GM as a Supplier of the Year, and we look forward to continuing our long-standing partnership together,» said Tao Liu, President and Global Chief Operating Officer, Nexteer Automotive. «Our team around the world works hard every day to provide our customers, like GM, with superior customer service and collaboration, innovative solutions for advanced safety and performance and high-quality steering and driveline systems.»

ABOUT NEXTEER

Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving enabling technologies for original equipment manufacturers (OEMs). The company has 28 manufacturing plants, three technical centers and 13 customer service centers strategically located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Fiat Chrysler, Ford, GM, PSA Groupe, Toyota and VW, as well as automakers in India and China. www.nexteer.com

ABOUT GENERAL MOTORS

General Motors (NYSE: GM) is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities, sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at http://www.gm.com.

 

Frost & Sullivan Reveals Global Powertrain Key Technologies and Trends by Region

Though electric and hybrid vehicles have gained traction in developed nations, they have yet to do so in niche markets like India, Eastern Europe, and Asia-Pacific

SANTA CLARA, California, July 9, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Powertrain Outlook, 2020, finds that global automotive sales are expected to decline by more than 14.2% due to…

Though electric and hybrid vehicles have gained traction in developed nations, they have yet to do so in niche markets like India, Eastern Europe, and Asia-Pacific

SANTA CLARA, California, July 9, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Global Powertrain Outlook, 2020, finds that global automotive sales are expected to decline by more than 14.2% due to COVID-19 by the end of 2020 as manufacturing facilities and supply chains are affected by worldwide lockdowns. However, this slowdown is not expected to have an impact on consumer purchase trends. Demand for diesel engines is expected to decline in Europe by 30% by the end of 2020 as Worldwide Harmonised Light Vehicles Test Procedure (WLPT) commences, while global electric vehicle (EV) sales are forecast to increase by about 3.4%, spurring demand for gasoline-hybrid and fully-electric powertrains.

For further information on this analysis, please visit: http://frost.ly/456 

«OEMs will focus on hybridizing existing internal combustion engine (ICE) vehicles as full hybrids have proven to help comply with stricter regulations and have also enjoyed consumer success in recent times,» said Naga Karthik Voruganti, Research Analyst, Automotive & Transportation at Frost & Sullivan. «Engine downsizing will continue, while the highly efficient gasoline direct injection (GDI) engines will continue seeing an increase in adoption. The integration of gasoline particulate filters (GPFs) and three-way catalytic converters (3WCs) is expected to increase substantially in 2020 with more OEMs seeking to get their gasoline-powered vehicles certified under the new WLTP regulations.»

Voruganti also said mild-hybrid powertrains and the standardization of exhaust after-treatment technologies, such as selective catalytic reduction (SCR) and coated GPF, are major technology trends that could impact the powertrain industry in 2020. 

The growth opportunities in the key regional markets will vary considerably. The main trends and growth opportunities in each key region are presented below:

  • The United States: The US is expected to register about 1.13 million electric and hybrid vehicle sales in 2020, an increase of about 4.7%, with a majority of the growth coming from Battery Electric Vehicles (BEVs) and mild and full hybrids.
  • Europe: European Electric Vehicles of all types (xEV) sales are expected to grow by 5.3%, assuming a moderate COVID-19 impact, and EVs alone will have a positive growth of about 27.5%.
  • LATAM: EV sales increased in all LATAM countries, driven by hybrid models, thus EVs and hybrids are expected to hold a 1.2% market share in 2020.
  • China: Vehicle sales are projected to decrease in 2020 due to the unpredictable impact of COVID-19, but EV share is expected to increase from 4.9% of the sales in 2019 to 5.6% in 2020.
  • India: Hybrid vehicle sales increased by 75% from 2018, which poses opportunities for OEMs to explore the market. Diesel vehicles will witness an increase in prices compared to gasoline due to the stringent norms of Bharath Stage – 6 (BS-VI).
  • South Korea: Despite a decline of 1.6% in recorded sales nation-wide and the end of the temporary tax cut in August, the Mild Hybrid Electric Vehicle (MHEV) 48V segment enjoyed 283% growth, as sales quadrupled in 2019.
  • Indonesia: Car sales improved toward the end of 2019, but due to the sudden and massive impact of COVID-19 on the global supply chain, overall sales are expected to decline by about 17.3% in 2020.
  • Japan: Although the sales of new passenger cars in the country in 2019 declined by 2.1% from 2018, Japanese brands’ sales have increased by 1.9%; sales of foreign brands declined by 3.3%. Vehicle sharing and the fading appeal of cars among the younger population are trends expected to affect the domestic market in 2020.

Global Powertrain Outlook, 2020 is part of Frost & Sullivan’s global Automotive and Transportation Growth Partnership Service program.

About Frost & Sullivan

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Automotive Test Equipment Market Worth $3.7 Billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 9, 2020 /PRNewswire/ — According to the new market research report «Automotive Test Equipment Market by Product (Engine, Chassis, and Transmission Dynamometer, Vehicle Emission, Wheel Alignment, & Fuel Injection Pump Tester), End Market, Vehicle,…

CHICAGO, July 9, 2020 /PRNewswire/ — According to the new market research report «Automotive Test Equipment Market by Product (Engine, Chassis, and Transmission Dynamometer, Vehicle Emission, Wheel Alignment, & Fuel Injection Pump Tester), End Market, Vehicle, Application, Advance Technology, and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Global Automotive Test Equipment Market size is projected to grow at a CAGR of 4.1% from USD 3.0 billion in 2020 to reach USD 3.7 billion by 2025.

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The growth of the Automotive Test Equipment Market is influenced by factors such as a rise in stringent emission norms to prevent environmental impact, technological advancements in automotive test equipment, increasing electronic architecture in modern vehicles, and growing vehicle production.

Browse in-depth TOC on «Automotive Test Equipment Market»
210 – Tables
65 – Figures
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Passenger Cars: Increased passenger car sales and technological advancement of test equipment is expected to drive the Automotive Test Equipment Market

The passenger car segment is the largest of all the segments of the Automotive Test Equipment Market and is expected to witness significant growth during the forecast period. The increase in the disposable income of consumers has pushed the demand for passenger cars, which, in turn, has driven the growth of the passenger car market of automotive test equipment. Moreover, the growing trend of high performance and engine downsizing of passenger cars has created the need for accurate and rigorous testing of automotive parts.

Mobile/Tablet based equipment: The portability and easy to use are factors that are fueling the growth of this segment.

The mobile/tablet-based equipment segment is projected to grow at the highest CAGR during the forecast period. Technological advancements have enabled make mobiles and tablets much smarter and efficient. The fact that these are much more mobile and data easily accessible enables the growth of the mobile/tablet-based segment

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Asia Pacific: China is expected to lead the Asia Pacific market

The Asia Pacific region is estimated to be the largest and fastest-growing Automotive Test Equipment Market. The region comprises some of the fastest developing economies of the world, such as China and India. The Asia Pacific region is home to key suppliers of automotive test equipment such as Horiba (Japan), Autel (China), Denso (Japan), and Ampro Testing Machines (India). Factors such as the availability of cheap labor and favorable government policies help undertake mass production of automotive components in Asia Pacific, which results in lower prices. In addition, high investments by major OEMs in advanced technologies are providing further growth opportunities to the automotive test equipment manufacturers in this region.

The global Automotive Test Equipment Market is dominated by major players such as ABB (Switzerland), Bosch (Germany), Horiba (Japan), Honeywell (US), Siemens (Germany), and Delphi (UK).

Browse Related Reports:

Automotive Data Logger Market by End Market (OEMs, Service Stations, and Regulatory Bodies), Application, Post-Sales Application, Channels, Connection Type, and Region (APAC, Europe, North America, and RoW) – Global Forecast to 2025

Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle, Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, TPMS Tool, Battery Analyzer), Offering, Connectivity, and Region – Global Forecast to 2025

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Delta Launches 200kW Ultra Fast Electric Vehicle (EV) Charger in EMEA

– A forward-looking solution ideal for charging point operators (CPOs) and fleet charging requirements

HOOFDDORP, Netherlands, July 9, 2020 /PRNewswire/ — Delta, a global leader in power and thermal management solutions, today announced the launch of its next-generation 200kW Ultra Fast Charger (UFC200) in the Europe, Middle East & Africa (EMEA) region. Delta’s UFC200, which is…

– A forward-looking solution ideal for charging point operators (CPOs) and fleet charging requirements

HOOFDDORP, Netherlands, July 9, 2020 /PRNewswire/ — Delta, a global leader in power and thermal management solutions, today announced the launch of its next-generation 200kW Ultra Fast Charger (UFC200) in the Europe, Middle East & Africa (EMEA) region. Delta’s UFC200, which is capable of enabling a 100km driving range with roughly 8 minutes of charging, aims to serve next-generation EVs, e-trucks and e-buses in a broad range of applications such as highways, parking lots, service stations, logistics companies as well as urban traffic hubs. With its modular power system design, remote accessibility for improved uptime service, and its backend compatibility with most of the EV charging network management systems in the market, Delta’s UFC200 EV charger will prove to be an ideal solution for EV charging site operators in EMEA.  

Commenting on its introduction, Vincent Lin, senior director of e-Mobility & Smart Energy Solutions business development, Delta EMEA, stated: «Foreseeing more and more EV coming to the market with extended driving range, we have not only extended the existing product line of UFC 150kW to 200kW, but have also integrated a credit card payment solution, as well as a mechanism to adhere to Germany’s Eichrecht MID-metering calibration rules, to make this product ideal for charging point operators (CPOs) and fleet charging requirements.»

Optimizing CAPEX for Charging Point Operators

CPOs are set to make a rapid return on their investment in the UFC200, and it is an investment that is secure for now and the future – thanks to its scalability. This is realized by it supporting charging voltages of up to 1000V, while the platform’s modular concept enables it to scale-up to 200kW, which is supporting optimization of the CAPEX on the complete fast charging network using the same platform with different power configuration and taking the benefit of synergy on service & support. For added long term peace of mind, no building permits are required when scaling-up from an initial configuration to 200kW. It has also been designed to be easy to upgrade its power capability by additional rectifier modules.

High Power Technology for Quick and Safe Charging Experience

The UFC200 is also meeting the EV owner’s demands for quick and easy charging, realised by its 200kW capacity, which can be split in 2 x 100kW to enable two EVs to be charged simultaneously via the innovative non-liquid cooled 400A high power CCS cable/connector system. This temperature controlled high power connector system can supply extra power when the EV’s battery system is at low charge without oversizing the system. In extreme environments and very frequent usage, the power will be automatically reduced to keep the cable/connector temperature in a safe range for the user. An inbuilt extra patented safety concept is protecting against excess temperatures, even if the temperature control of the EV charger would fail. At 400A charging current, the charging station efficiency can be improved up to 1.2% compared to a standard liquid cooled cable system due to the reduced copper loss (without taking additional power consumption of a cooling system in account).

Easy Access and Maintenance in Operation

The UFC200’s easy-to-use human interface includes a seven-inch LCD information display screen and touch pad, with RFID and payment cards functions included. CPOs will also benefit from support services designed to secure interoperability with new generation EVs. The improved uptime on their charging network, thanks to the UFC200’s service concept with authorised local service partners, remote diagnostics and maintenance with separate service interfaces. In terms of compliance – and to ensure that it adheres to German Eichrecht MID-metering calibration rules – the UFC200 features an advanced integrated metering system.

The UFC200 is ideal for helping CPOs meet the challenge of having the appropriate charging resources in place while offers the convenience of simultaneous charging of multiple vehicles using a single infrastructure. With the UFC200, Delta offers a clear path towards satisfying the future demand as EV use widens and the vehicles themselves become more powerful.

About Delta

Delta, founded in 1971, is a global provider of switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data centre infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, «To provide innovative, clean and energy-efficient solutions for a better tomorrow,» Delta leverages its core competence in high-efficiency power electronics and its CSR-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centres and manufacturing facilities spread over close to 200 locations across 5 continents.

Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to CSR. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 9 consecutive years. In 2017, Delta was selected by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level for the 2nd consecutive year.

For further information about Delta, please visit www.delta-emea.com.

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CarExamer Announces Free Used Car Checklist

– Vehicle Inspection Experts CarExamer Release Completely Free-to-use Car Buying Checklist

– CarExamer Release 18-Point Free Vehicle Checklist

– Available with no registration or card details necessary

LONDON, July 9, 2020 /PRNewswire/ —  With one in six people buying used cars every single year, CarExamer have released a completely free-to-use vehicle inspection checklist to identify issues before they happen and help reduce the number of newly purchased…

– Vehicle Inspection Experts CarExamer Release Completely Free-to-use Car Buying Checklist

– CarExamer Release 18-Point Free Vehicle Checklist

– Available with no registration or card details necessary

LONDON, July 9, 2020 /PRNewswire/ —  With one in six people buying used cars every single year, CarExamer have released a completely free-to-use vehicle inspection checklist to identify issues before they happen and help reduce the number of newly purchased car faults.

As an industry-leading vehicle inspection service with years of experience in the automotive industry, CarExamer have released a comprehensive 18-point checklist designed to take action against undeclared vehicle issues, faults and safety issues in vehicle purchases.

Categories include:

  • Features to look out for
  • How to Test a Vehicle
  • Background information to check

The checklist is completely free without registration for both download and online use, and it can be accessed permanently from the CarExamer.com website.

WHAT BUYERS NEED TO KNOW, before going to view the car and questions to ask the seller

  • Two car keys (one key = £180 potential expense)
  • Service history
  • Invoices history backing repair history
  • Last service date (full service = £200 potential expense)
  • Timing belt replacement date (£380-£600 potential expense)
  • Owner’s manual

Car History Data information will get buyers:

  • Recall history
  • Mot History
  • Insurance write-off history
  • Mileage discrepancy
  • Finance history
  • Stolen record

CHECK LIST- Buyers need to identify any signs of issues or potential problems in the future

  • Road Test
    • Cold engine start/restart
    • Hot engine start/restart
    • Any Noises/vibrations
    • Handling
    • Gear selection
    • Clutch operation
    • Brake operation
    • Handbrake operation
    • A/C operation
    • Heater operation/hot and cold and controls
    • Engine temperature
    • Cooling fan operation
    • Warning lights – air bag, abs, battery light, all dashboard lights on ignition on have to come on when engine started have to come off.
  • Under bonnet checks
    • Water/Oil/Coolant/brake fluid – Condition and leaks
    • Auxiliary belt condition
    • Battery condition
    • Charging system
  • External and Electrical
    • Glass/Mirrors/Body work
    • Exterior lights
    • Interior lights
    • Horn/washers/wipers
    • Electrical controls/switches
    • Interior wear and tear
    • Both key operation in door locks
  • Wheels and Tyres
    • Condition checks (1.6mm UK legal limit)
    • Spare wheel
    • Tool kit/jack
    • Locking nut
  • Brakes
    • Front disc and pads
    • Rear disc and pads
    • Drums and shoes would not be visible (check for handbrake efficiency-or any squeak noise when applying break and handbrake)
    • Hoses/pipes/cables
  • Underside checks
    • Exhaust system
    • Steering/suspension
    • Drive shafts/CV boots
    • Oils leaks

About CarExamer:

CarExamer is a UK and worldwide inspection service dedicated to being a budget-friendly way to take the uncertainty out of car buying to promote clarity, safety and customer satisfaction above all else. With a huge range of experience and a true passion for cars, CarExamer, led by Klavs Simkus, make the whole car purchasing experience as easy and smooth as possible