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oliviajames1122 · 1 year

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Vauxhall motors

The global shortage of computer chips has had a significant impact on the car industry and is unlikely to improve before the end of the year, according to Vauxhall Motors.

Vauxhall's managing director, Paul Wilcox, told the BBC that the industry was facing a "problem" for the next two or three months.

However, he insisted there was no need for a major overhaul of supply chains.

The UK has suffered a shortage of semiconductors for the past year.

It was triggered by the Covid crisis. In the early stages of the pandemic, there were dramatic cuts in the car and commercial vehicle production. This was followed by a surge in output when the first wave of lockdowns came to an end.

But as car factories tried to ramp up their output, they found that the available supplies of semiconductors had already been snapped up by other industries, notably the consumer electronics sector, which was experiencing a boom in sales.

·Why is there a chip shortage?

·Toyota to cut production by 40% amid chip crisis

·Car production hit by 'pandemic' and chip shortage

Modern vehicles can have hundreds of chips on board. They are used in engine controls, entertainment systems, safety mechanisms, instrument clusters, and so on, so the shortage has forced manufacturers around the world to curtail production.

Vauxhall is no exception. Production at both of its UK plants in Ellesmere Port and Luton has been disrupted at different times. According to Mr Wilcox, the effects are still being felt.

"It has obviously suppressed our ability to manufacture," Mr Wilcox told the BBC, speaking at the Commercial Vehicle Show in Birmingham many business listings.

Vauxhall Motors' managing director Paul Wilcox says carmakers rely heavily on "just-in-time" delivery systems

"If you look at the industry in the UK this month, commercial vehicle sales, which have been hugely buoyant this year - 59% up - this month they're 20% down, and obviously a large part of that is because of supply shortages."

He added that parent company Stellates' decision to invest £100m on building a new range of electric vans at Vauxhall's troubled plant in Ellesmere Port was "massively important" for the factory and its workforce.

Motor manufacturers rely heavily on so-called "just-in-time" delivery systems - which mean that parts are delivered to factories when they are needed, rather than being stockpiled.

This eliminates the need for expensive warehousing but means that if parts do not appear when they are required, factories can grind to a halt. But Mr Wilcox said he saw no need for a major overhaul of supply chains as a result of the current crisis business listings.

"I don't think it exposes a problem," he said. "I think it just illustrates that when you have a crisis, you can be quite vulnerable."

He added that the car industry is very much "based on lean manufacturing".

"I don't think that will change in the short to medium term - may be one thing we need to be careful of is maintaining more stability in terms of our contractual arrangements, but I don't see a fundamental shift in the way we manage the business," he said.

Mr Wilcox also applauded the recent decision by Vauxhall's parent company Stellates to build a new range of electric vans at the company's plant at Ellesmere Port in Cheshire.

The factory, which employs 1000 people, had been at risk of closure.

"It's obviously massively important," he said. "The investment of £100m obviously gives surety of jobs, gives stability in terms of the workforce and stability to the supply chain, which in that part of the UK is obviously very important."

But the move, he said, would also protect the long-term future of the plant, which will be building electric vehicles at a time when the industry as a whole is moving rapidly towards electrification free business listings.

#Many business listings #business listings #free business listings #promote your business

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robertemma27-blog · 8 days

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Smart Pneumatics Market Statistics, Analysis and Growth Report

The global smart pneumatics market was valued at USD 3.3 billion in 2018 and is projected to reach USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023.

The growth of this market can be attributed to the penetration of digitization and IIoT. The integration of IIoT enables companies to connect sensors used for monitoring parameters, such as vibration, temperature, and noise, to the Internet and monitor their pneumatic systems in real time. IIoT offers a single platform where companies can integrate all the data, and process them as required. Moreover, the use of IIoT for condition monitoring and predictive maintenance can help ensure high uptime of critical assets, particularly those that have random failure patterns. The increase in the adoption of IIoT presents an opportunity for the smart pneumatics market.

Emerson Electric Co. (US), Festo AG & Co. KG (Germany), Parker Hannifin Corporation (US), Bimba Manufacturing Co. (US), Rotork plc (UK), Metso Corporation (Finland), and Thomson Industries, Inc. (US). are the major players operating in this market.

Download PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113755556

Smart Valves held largest share of smart pneumatics market in 2018

The smart pneumatics market, based on type, is led by the “smart pneumatic valves” segment (in terms of size). Smart valves incorporate sensors and other electronics to provide operational feedback to a controller. Beside energy efficiency, smart valves also promise enhanced connectivity. Condition monitoring provides useful feedback about valve functionality, and users can take action if a valve is not performing as intended. However, the real benefit of smart valves is that they enable predictive maintenance. These systems have witnessed significant adoption across food & beverages, automotive, semiconductor, and water and wastewater industries as they strive to reduce energy costs.

Market for automotive industry is likely to grow at higher CAGR during forecast period

The market for the automotive industry is expected to witness the highest CAGR during the forecast period. A rising automobiles demand has encouraged manufacturers to monitor their plant machinery health effectively to ensure smooth production line operations. Smart pneumatic systems play a crucial role in ensuring efficient manufacturing processes. Automotive manufacturers are also adopting IIoT systems to increase energy efficiency and monitor asset condition. This is creating a huge potential for smart pneumatics in the automotive industry.

APAC accounts for largest market size during forecast period

APAC held the largest share of the smart pneumatics market in 2018, followed by North America and Europe. The growing adoption of smart manufacturing or Industry 4.0 in various industries is creating a huge demand for smart pneumatics in the region. Besides, factors like growing focus on optimum asset utilization; stringent government regulations for workplace and personal safety; and tight quality control in the automotive, semiconductor, chemicals, and food & beverages industries are driving the demand for smart pneumatic systems in APAC. The region is a preferred manufacturing hub for global automotive companies, such as Volkswagen (Germany), Toyota (Japan), Renault-Nissan (Netherlands), and Daimler (Germany), as well as local manufacturers, such as Tata Motors (India) and Mahindra & Mahindra (India).

#Smart Pneumatics Market

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digitrenndsamr · 2 months

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Vehicle Light Weighting Technologies Market Will See Strong Expansion Through 2032

Vehicle lightweighting is an idea in the automobile business about structure vehicles and trucks that are less heavy as an approach to accomplish better fuel efficiency and handling. Carmakers make parts from carbon fiber, windshields from plastic, and bumpers out of aluminum foam, as approaches to reduce vehicle load. The use of these materials is selected based on their price, lightweight ability, ultimately, processing or consumption limitations. Advanced lightweight technologies help to improve automotive fuel consumption and guarantee safety and performance. The usage of lightweight materials reduces emissions by nearly 0.08g CO2/Kg, as with the launching of battery electric vehicles, which boosts the application of lightweight technology in automotive systems. The adoption of electric vehicles is one of the examples of light weight technologies as the parts and system of these vehicles are considerably less than other vehicles.

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The automotive industry has seen critical changes in material and manufacturing processes in the previous decade to conform to the outflow orders. Rules have constrained automakers to discover various options, for example, lightweight materials, improved proficiency in powertrain, and utilization of pure battery electric vehicles. Subsequently, it is simple for lightweight materials to compete in cost when compared with powertrain productivity measures and regulations. Advancements of reinforced and high-quality plastic for its use as windshield and window glass are evaluated to build the lightweight business sector of plastics. The high cost of materials, for example, carbon fibre-strengthened composites, titanium, and magnesium hinder the broad utilization of these materials. As crude materials have a high cost, OEMs in developing nations, who rely more upon economy passenger vehicles prefer to use materials than lightweight materials. However, the utilization of lightweight materials is expected to increase gradually in the coming years. The manufacturing cost of vehicle parts is higher than conventional materials. Along these, high procedure costs can control the development of the car lightweight material market.

Novelis Inc. announced that it is providing the fusion of Toyota Motor Corporation with a premium aluminum car body sheet for the all-new Toyota RAV4. The RAV4 is Toyota's number-one-selling vehicle and the top-rated non-pickup truck in the nation. With an as-good-as-ever plan that includes Novelis aluminum in the hood, bumpers, and liftgate, the fifth-age model of the RAV4 is 4% lighter than previous models.

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Key Vehicle Light Weighting Technologies Market Segments:

By Material: • Steel • Magnesium • Aluminium • Plastics

By Application: • Body in white • Chassis & suspension • Powertrain • Closures • Interiors

By Region: • North America (US, Canada) • Europe (Germany, UK, France, rest of Europe) • Asia-Pacific (China, Japan, India, rest of Asia-Pacific) • LAMEA (Brazil, South Africa, rest of LAMEA)

Key Market Players: • Toray Industries, Inc. (Japan) • Tata Steel • General Motors • ArcelorMittal (Luxembourg) • 3M • DuPont • Covestro AG (Germany) • BASF SE (Germany) • Toyota • Honda Motor Co., Ltd. • ThyssenKrupp AG (Germany)

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The surge in usage of electric vehicles

The introduction of electric vehicles has brought about technological advancement and revolution in the automotive business. These vehicles have a predominant execution than their internal combustion counterparts. Since electric vehicles have low-power engines, they utilize lightweight materials that drive the engine's pulling limit. In this manner, the expanding demand for electric vehicles gives a chance to the development of the lightweight material market. As electric vehicles reduce car emissions to help the environment the demand for the electrification of vehicles is also increasing.

Key benefits of the report:

• This study presents the analytical depiction of the global Vehicle light-weighting technologies market with the current trends and future estimations to determine the imminent investment pockets. • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global Vehicle light-weighting technologies market. • The current market is quantitatively analyzed to highlight the global Vehicle light-weighting technologies market growth scenario. • Porter's five forces analysis illustrates the potency of buyers & suppliers in the market. • The report provides a detailed global vehicle light-weighting technologies market analysis based on competitive intensity and how the competition will take shape in coming years.

Buy the Complete Report (PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/checkout-final/d8c84557957536af2f8dee6a5ac8fbaf

About Us:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

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themarketinsights · 5 months

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E-Scooters Market Will Hit Big Revenues In Future | Biggest Opportunity Of 2023

Latest released the research study on Global E-Scooters Market, offers a detailed overview of the factors influencing the global business scope. E-Scooters Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the E-Scooters The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are DK (Greece), Ford (United States), Audi (German), Yuneec (China), Pedego (United States), Toyota (Japan), Alta (United States), Jinhua (China), BMW (Germany), Liberty (Italy), Optibike (United States)

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E-Scooters Market Definition:

E-Scooters are two or three wheelers plug-in electric vehicles in which electricity is stored in a battery which is rechargeable. This battery is used to drive electric motors. Lithium-ion batteries are mostly used in e-scooters now days. These batteries can be charged in plugging in a wall chargers installed at charging station.

Market Trend:

Growing Market for E-scooter in Emerging Countries

Focus on Manufacturing Lightweight Vehicles

Market Drivers:

Tax Concession on Eco-friendly Vehicles

Growing Environmental Concern Over Vehicle Emission

Market Opportunities:

Government Encouragement for Sales of E-vehicles

Rising Sales of Hybrid Vehicles

The Global E-Scooters Market segments and Market Data Break Down are illuminated below:

by Type (Motorcycle, Scooter), Application (Civil, Commercial, Military), Drives (Hybrid, Electric)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global E-Scooters Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the E-Scooters market

Chapter 2: Exclusive Summary – the basic information of the E-Scooters Market.

Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the E-Scooters

Chapter 4: Presenting the E-Scooters Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the E-Scooters market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, E-Scooters Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology The primary sources involves the industry experts from the Global E-Scooters Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.

Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837

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technoamr · 9 months

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Power Inverter Market to Partake Significant Development During 2031

An electric circuit that converts direct current to alternating current is known as a power inverter. The frequency, power, input, and output depend on the design of the electric circuit. As compared to the generator, the power inverter is the low-cost operator and is convenient for the usage of change-over switches. Because of these characteristics, power inverters are used in many tools, electric products, and many household appliances. As per consumer needs, power inverters are available in many types and power ranges. Power inverters are used in residential, commercial, and industrial usage. The application of a power inverter is a motor drive, rail traction, wind turbines, electric vehicle, and solar PV.

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Increasing utilization of many electronic gadgets such as laptops, refrigerators, air conditioners, and television how increased the demand for uninterrupted power supply, and this will boost the growth of the power inverter market. Schools, corporate offices, and commercial places have a high demand for uninterrupted power supply hence there is an increase in demand for power inverters as an alternate backup solution. In addition, the increase in rural electrification and urbanization in the Asia-Pacific region stimulates the growth of the power inverter market. Furthermore, the presence of a gradual shift from conventional vehicles to electric vehicles in the transportation sector has increased the demand for electric motors which has a positive impact on the power inverter market growth.

The rise in the utilization of renewable energy resources such as solar and wind power has led to an increase in demand for various electronic equipment used in the construction of renewable power plants. The increase in awareness among the people regarding the environment has a significant impact on the development of renewable energy resources, as we can see there is a gradual increase in investment toward the construction of solar and wind power plants across the globe. In addition, most of the developed and developing countries such as the U.S., Germany, China, India, the UK, and others, have taken initiatives to move toward zero carbon emission by 2050. The above-mentioned initiatives and investments have boosted the demand for power inverter market opportunities.

In May 2021, Robert Bosch, in association with Porsche and Fraunhofer Institute for Reliability and Micro integration (Fraunhofer IZM) in Berlin, announced a new project aimed at increasing the range of electric vehicles (EVs) by enhancing the performance of power inverters in vehicles. In May 2022, Toyota Group revealed plans to invest $624 million in India to manufacture electric vehicle components. The presence of the above-mentioned trends and investments for the development of electric vehicles have a significant impact on the development of the power inverter market.

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The global power inverter market forecast is segmented on the basis of type, application, end-user, and region. On the basis of type, the market is segmented into less than 5 KW, 5 KW to 100 KW, 100 KW to 500 KW, and more than 500 KW. On the basis of application, the market is segmented into motor drives, wind turbines, rail traction, electric vehicle, UPS, solar PV, and others. In addition, on the basis of end-user, the market is segmented into residential, commercial and industrial, and utility. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific Europe, and LAMEA.

The 5 KW to 100 KW segment dominates the global power inverter market. 5 KW to 100 KW power inverters are primarily used in electric vehicles, and rail traction. An Electric car requires around 30 KW of energy to drive around 100 miles, hence the electric vehicles launched in 2022 provide around 400 miles which require about 100 KW of electricity. The utilization of 100 KW of electricity in electric vehicles will boost the demand for power inverters.

The motor drives segment dominates the global Power inverter market. Motor drives refer to a drive used to control a motor and therefore, gets interchanged with VFD or VSD. A Variable Frequency Drive (VFD) or Variable Speed Drive (VSD) describes the electronic portion of the system that controls the speed of the motor. More generally, the term drive describes equipment used to control the speed of machinery.

The utility segment dominates the global power inverter market. Utilities have gained importance in solar power generation for feeding main grid sources and also in off-grid connections in remote and rural areas. Thus, there is an increase in the demand for power inverters in utility-scale solar and wind power projects.

North American segment dominated the global Power inverter market. North America represents one of the largest markets for power inverters accounting for several initiatives for energy conservation by switching to sustainable energy sources. In addition to this, various regulatory measures, in order to reduce the carbon footprints have boosted the sales of power inverters in the region. Increasing infrastructural advancements across the region will continue to spur demand in the upcoming years.

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Key findings of the study

- As per power inverter market analysis, region-wise, North America holds a dominant position in 2021 and would continue to maintain the lead over the forecast period. - By type, the 5 KW to 100 KW segment for the largest power inverter market share in 2021. - By application, the motor drives segment was the leading segment in 2021. - By end use, the utility segment for the largest market share in 2021.

Competitive Landscape

David Correa Allied Analytics LLP +1-800-792-5285 email us here

Get more info @ https://www.einpresswire.com/article/624883891/power-inverter-market-to-partake-significant-development-during-2031

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bishamconsulting · 1 year

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Case Research: Bruce Auto Group Rwa Automotive

This makes it completely vital that every component of your business is working as cohesively as potential. Since Henry Ford pioneered the meeting line methodology of production and Toyota launched the Kanban system, the automotive industry has all the time been at the forefront of working and manufacturing methodology. JS3 present professional advice for your small business across a range of sectors. Find how we can present automotive ERP options for you and your small business. CookieTypeDurationDescription_hjAbsoluteSessionInProgress030 minutesThis cookie is used to detect the first pageview session of a person. This is a True/False flag set by the cookie._hjFirstSeen030 minutesThis is set to determine a new user’s first session.

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The secret of the E10’s affordability relative to its efficiency, is off-the-shelf Ford elements engine, gearbox, and brakes. The progressive composite tub created from recycled carbon fibre that gives 70 per cent of the lightness and stiffness of pure carbon-fibre for a tenth of the price. The shut relationship between Drive and Zenos, and the openness of the administration team have been key to make certain that the design and business needs aligned at every stage of he project.

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We are continually evaluating the UK automotive industry and figuring out one of the best leasing choices available in the market. Take a glance to see which autos have made the Vehicle Consulting shortlist. The good mobility sector is seeing some of the electrifying industrial developments of the fashionable period. With the wide-sweeping uptake of linked autos and IoT altering automotive consultant the very core of what a automobile is, we are witnessing the biggest need for crossover-knowledge the automotive market has ever seen. In a world where recruitment specialists over promise and under ship, ASKE Consulting prove a real exception. Andrew takes time to grasp the wants of the recruiting customer but equally gets the necessities, concerns and uncertainties of every candidate.

#automotive

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marketspace360 · 1 year

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Fuel Cell Vehicle Market Highlights, Expert Reviews 2022 to 2029

Fuel cell vehicles are powered by hydrogen. Unlike vehicles powered by diesel and gasoline, these vehicles produce zero tailpipe emissions. Instead of emitting harmful greenhouse gases (GHG), they only emit water vapor, and warm air. With the growing concerns around environmental deterioration and depletion of natural resources, the adoption of these vehicles is being promoted at scale. Government authorities, around the world, are implementing favorable policies apropos to development and adoption of fuel cell vehicles. The officials are also devising a strategic plan for the commercial roll-out of fuel cell technology. In addition, the recent increase in the price of gasoline and diesel has intensified the demand for fuel-efficient automobiles. The fuel cell vehicles are highly efficient in comparison to conventional vehicles. Such broad ranging aspects are set to unlock new revenue opportunities for the global fuel cell vehicle market in the coming years.

For More Industry Insight Read: https://www.fairfieldmarketresearch.com/report/fuel-cell-vehicle-market

Growing Demand for Automobiles Powered by Sustainable Sources to Unveil Fruitful Growth Prospects

In the present day, most vehicles run on fossil fuels such as gasoline. These energy sources cannot be renewed and will eventually run out. Therefore, it is critical to adopt alternative fuel sources to promote sustainable growth of the transportation sector. This has promoted the adoption of electric and hydrogen fuel cell vehicles. Notably, fuel cell vehicles do not run-on gasoline and are more cost-effective than conventional automobiles. In addition to this, the efficiency of hydrogen fuel cell vehicles is higher than that of hybrid and internal combustion engine automobiles. Consequently, the fuel cell vehicle market is poised to experience significant growth in the coming years.

Applications in Heavy Commercial Vehicles to Aid in Fuel Cell Vehicle Market Expansion

Of late, big commercial vehicles are being manufactured as hydrogen fuel cell vehicles. Hydrogen is a scalable and adaptable electrical source for big transportation applications. Some of its comprehensive applications include material-handling trucks, defence vehicles, railroads, buses, and light commercial vehicles (LCVs). In addition to this, compared with battery-powered vehicles, fuel cells have adequate fuel storage for long-range applications and provide fast fueling. Moreover, the governments around the world are making sincere efforts to promote the use of fuel cells for big transportation. Such a scenario is likely to bolster growth prospects of the global fuel cell vehicle market in the years to come.

Asia Pacific to Remain at Vanguard with Surge in Number of Auto Sales

Asia Pacific is expected to stay at a dominant position in the global fuel cell vehicle market. This can be mainly attributed to the growing number of auto sales in countries such as South Korea and Japan. The government in Japan is also encouraging the use of fuel-cell cars by implementing stringent norms and drafting initiatives such as offering customer assistance in the form of vehicle subsidies. This has further facilitated the development of clean energy in the automotive industry. Against this backdrop, Asia Pacific is set to lead the global fuel cell vehicle market throughout the projection timeframe.

Prominent Market Players

Some of the fuel cell vehicle market players include BMW Group, Ballard Power Systems Inc., Honda Motor Co Limited, Audi AG, Volvo Group, Daimler AG, General Motors Company, Toyota Motor Corporation, Toshiba, American Honda Motor Co., and Man Se.

Get a Sample Copy/TOC of Fuel Cell Vehicle Market:

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#Fuel Cell Vehicle #Fuel Cell Vehicle Market #Fuel Cell Vehicle Market trends #Fuel Cell Vehicle Market size #Fuel Cell Vehicle Market growth #Fuel Cell Vehicle Market application #Fuel Cell Vehicle Market region #Fuel Cell Vehicle Market share #Fuel Cell Vehicle Market Fuel Cell Vehicle Market #Fuel Cell Vehicle Market analysis #Fuel Cell Vehicle Market forecast #fairfield market research

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informationandcommunication · 1 year

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Synthetic Resin Market – Forecast (2022-2027)

The Synthetic Resin Market size is projected to reach a value of US$521.6 billion by the end of 2027 after growing at a CAGR of 4.8% during the forecast period 2022-2027. A synthetic resin is a chemical substance that is synthesized to closely resemble the properties of its natural counterpart. Synthetic resins based on polyethylene, polyvinyl chloride, formaldehyde, aliphatic, and glycidyl amine occur in a wide range of products, such as plastics, paints, and varnishes. Products that are manufactured with synthetic resins provide better long-term corrosion protection of metal substrates because of their increased durability, owing to which its market demand is being spurred. The growth can be attributed to the increasing demand for paints, coatings, adhesives, and sealants from the bolstering building and construction industry across various regions globally. However, the increasing adoption of bio-based resins as an eco-friendly alternative over the coming years is anticipated to impede the global synthetic resins market growth over the forecast period.

Synthetic Resin Market COVID-19 Impact

The COVID-19 epidemic negatively impacted the synthetic resin demand in a variety of end-use industries, including automotive, aerospace, construction, and more. Due to the closure of non-essential businesses, the outbreak had a significant impact on the aerospace, automotive, and construction industries. As demand for automobiles and aircraft dwindled, production was abruptly halted. For instance, according to the International Organization of Motor Vehicle Manufacturers, global automotive production will fall by 16 percent in 2020. Due to the impact of the COVID-19 pandemic, Toyota Motor Corporation's global vehicle manufacturing in 2020 was flat at 12.6 percent year over year. Furthermore, during the pandemic, construction output was drastically decreased. According to the Office for National Statistics, the construction industry in the United Kingdom was 11.6 percent lower in July 2020 than it was in February 2020. In August 2020, the level of project construction in the United Kingdom was 10.8% lower than in February 2020. Due to this the demand for paints, coatings, adhesives, and sealants significantly reduced, which impacted the Synthetic Resin Market revenue in 2020.

Report Coverage

The report: “Synthetic Resin Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments of the Synthetic Resin Market.

By Form: Solid, Liquid, Emulsion, and Dispersion.

By Type: Thermosetting Resins (Polyester, Vinyl Ester, Epoxy, Phenolic, Urethane, and Others), and Thermoplastic Resins (Polycarbonate, Acrylic, Nylon, Polyethylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polypropylene, Polybutylene Terephthalate, Vinyl, and Others).

By Application: Packaging, Printing Inks, Pipes & Hoses, Walls & Floors, Wood Finishes, Sheets & Films, Medical Devices, Paint & Coatings, Adhesives & Sealants, Electronic Fabrications, Transportation Components, and Others.

By End-use Industry: Transportation (Automotive, Aerospace, Locomotive, and Marine), Food & Beverage (Fruits & Vegetables, Dairy, Bakery, Confectionery, Poultry, Drinking Water, Soft Drinks, and Others), Personal Care & Cosmetic (Body Care, Face Care, Eye Care, Nail Care, Fragrances, and Others), Building & Construction (Residential, Commercial, Industrial, and Infrastructural), Oil & Gas (On-shore, and Off-shore), Energy Generation (Wind Energy, Solar Energy, and Others), Electrical & Electronics (Generators, Transformers, Circuit Breakers, and Others), Military & Defense (Helmets, Bulletproof Jackets, and Others), Medical & Healthcare (Connectors, Surgical Equipment, Blood Reservoirs, and Others), and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (the Middle East, and Africa).

Key Takeaways

Asia-Pacific dominates the Synthetic Resin Market, owing to the increasing transportation and construction industry in the region. The increasing per capita income and evolving lifestyle of individuals coupled with the rising population are the major factors expanding the transportation and construction industry in APAC.

Excellent properties such as toughness, resistance to several environmental factors, stability, and flame resistance, are making synthetic resin more popular in the electrical and electronics industries for manufacturing components such as printed circuit boards, electrical encapsulation circuits, components, and assembly materials.

Synthetic resins are being used in the oil & gas industry as they are an ideal match for the challenges of withstanding high-pressure, high-temperature environments. Thermoset resins have excellent thermal stability in high-pressure and high-temperature environments, allowing for more modular and robust product offerings with longer service existences.

However, increasing the adoption of bio-based resins over synthetic resins on account of their eco-friendly nature is acting as a major challenge for the global synthetic resins market during the forecast period.

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Synthetic Resin Market Segment Analysis – by Type

The thermoplastic resins segment held the largest share in the Synthetic Resin Market in 2021 and is forecasted to grow at a CAGR of 4.9% during the forecast period 2022-2027. Reheating, remolding, and cooling thermoplastics without causing chemical changes is possible. The primary benefit of thermoplastics is their broad range of uses. Thermoplastics are materials with high strength, low weight, and low processing costs. Furthermore, thermoplastic materials are relatively simple to manufacture in large quantities and with high precision. Thus, all these advantages associated with thermoplastic resins are majorly contributing to its segment growth. However, the main disadvantage of using thermoplastics instead of metals is that they have a lower melting point. When low-quality thermoplastics are exposed to the sun for long periods, they can melt. This factor is restricting the thermoplastic resin segment growth over the forecast period.

Synthetic Resin Market Segment Analysis – by End-use Industry

The transportation segment held a significant share in the Synthetic Resin Market in 2021 and is forecasted to grow at a CAGR of 5.6% during the forecast period 2022-2027, owing to the increasing usage of synthetic resins in the transportation component. The transportation industry demand high-reliability synthetic resins. Synthetic resins are known to provide excellent mechanical strength, structural support, and durability. The synthetic resin manufactured components withstand the initial impact force of installation, as well as the repeated stress of inspections and repairs. They also have high shear, compressive, flexural, and tensile strength to withstand the stresses of takeoff, flight, and landing. Synthetic resins even exhibit high strength at elevated operating temperatures and also provide insulation from heat when used to separate two components due to which they are extensively used in the transportation sector. Moreover, synthetic resins offer excellent electrical insulation properties and low toxicity/burn characteristics which minimize the damage and risk in the case of fire or explosion. Due to all these extensive characteristics of synthetic resins, it is being widely used in the transportation sector, which is anticipated to drive the Synthetic Resin Market during the forecast period.

Synthetic Resin Market Segment Analysis – by Geography

Asia-Pacific region held the largest share in the Synthetic Resin Market in 2021 up to 41% and is forecasted to grow at a CAGR of 6.2% during the forecast period 2022-2027, owing to the increasing transportation industry in APAC countries. For instance, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA), automotive production and Vietnam grew by 1.2 percent and 5.5 percent from the previous year to 5,71,632 and 2,50,000 units, respectively, in 2019. In November 2020, Boeing forecasted that China's airlines would spend US$1.4 trillion on 8,600 new planes and US$1.7 trillion on commercial aircraft services over the next 20 years. According to India Brand Equity Foundation (IBEF), India’s domestic automobile production increased at a 2.36 percent CAGR from FY16 to FY20, with 26.36 million vehicles produced in FY20. Between FY16 and FY20, domestic automobile sales increased at a 1.29 percent compound annual growth rate (CAGR), with 21.55 million vehicles sold in FY20. According to the Japan Automobile Manufacturers Association (JAMA), automobile production in Japan increased in November from 6,67,462 units in October to 6,90,311 units. Thus, the growth of the global Synthetic Resin Market in the region is being aided by the increasing transportation sector in APAC, thereby dominating the market in the Asia-Pacific region.

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Synthetic Resin Market Drivers

Government Initiatives Bolstering the Growth of the Building & Construction Sector

Synthetic resin-based paints, coatings, adhesives, and sealants are often employed in residential buildings in applications such as windows, walls, doors, floors, and more. The governments are taking initiatives to increase building & construction activities. For instance, Kansai International Airport in Japan will spend about 100 billion yen ($911 million) by 2025 to upgrade the larger terminal, to increase space for international flights at the country's No. 2 hub. The Indian Union Budget of February 2020 aims to build 100 new airports by 2024 as part of the Centre's Udan scheme to help with growing air traffic. The health facility revitalization component of the national health insurance indirect grant in South Africa has been allocated R4.6 billion over the medium term (2020-2021). A fraction of this budget will go toward the planning and construction of the Limpopo Central Hospital in Polokwane, which is set to open in 2025/26. The Ministry of Housing and Urban Development (MoHUA) has been given Rs 50,000 crore (US$6.8 billion), and a fund of Rs 25,300 crore (US$3.5 billion) has been set up to help complete stalled housing projects. The Indian government has launched a project called the “Pradhan Mantri Awas Yojana (PMAY) program”, which aims to provide affordable housing to all urban poor people by 2022 through financial assistance. Such government initiatives are set to increase the demand for paints, coatings, adhesives, and sealants in the residential construction sector, and further drive the Synthetic Resin Market growth during the forecast period.

Bolstering Growth of Personal Care & Cosmetics and Food & Beverages Sector

Synthetic resins are often used to manufacture packaging materials for various end-use industries such as food, cosmetics, pharma, and more. Due to rising consumer demand and increasing per-capita income of individuals, the personal care & cosmetics and food & beverage industry is booming in various regions. According to the India Brand Equity Foundation (IBEF), the beauty, cosmetics, and grooming market in India in 2025 will have grown from US$6.5 billion to US$20 billion. According to the International Trade Administration, Thailand's beauty and personal care goods market was valued at around US$6.2 billion in 2018 and is projected to grow to US$8.0 billion by 2022. Thailand's beauty and personal care sector is projected to grow at a rate of 7.3 percent per year from 2019 to 2022. According to the China Chain Store & Franchise Association, the food and beverage (F&B) sector in China reached $595 billion in 2019, up 7.8% from 2018. In 2019, Canadian poultry farmers manufactured a record 1 493.5 million kilograms of chicken, turkey, and stewing hens, according to Statistics Canada, up 1.7 percent from 2018. Since the personal care & cosmetics and food & beverage sector industries are booming, the demand for packaging is also significantly increasing. Thus, the increasing personal care & cosmetics and food & beverage sector act as a driver for the synthetic resins market during the forecast period.

Synthetic Resin Market Challenge

Shift Towards Bio-based Resins

Many resin manufacturers have shifted away from synthetic resins to bio-based resins due to the globalization of the economy, increased awareness of carbon footprints, increased emphasis on sustainable systems, and the evolution of product lifecycle analysis. Bio-resins have a lot of potential. They reduce reliance on petrochemicals and allow manufacturers who use them to promote greener products due to price volatility. Furthermore, they have a better entire life cycle than petrochemical-based resins, with a lower carbon footprint, lower manufacturing toxicity, and less reliance on fossil fuels. Businesses are constantly launching bio-resins in the market as a result of this shift. SABIC, for example, launched a new portfolio of bio-based ULTEMTM resins in November 2021 in Saudi Arabia, which offers sustainability benefits while delivering the same high performance and processability as incumbent ULTEM materials. These ground-breaking polyetherimide (PEI) materials are the industry's first certified renewable high-performance, amorphous polymers. Thus, such advantages of bio-based resins over synthetic counterparts and constant product launches of bio-based resins are anticipated to restrict the Synthetic Resin Market growth.

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Synthetic Resin Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Synthetic Resin Market. Synthetic Resin Market's top 10 companies are:

Huntsman International LLC

MCC Chemicals Inc.

UPC Technology Corporation

Bayer AG

DSM

Sinopec Corporation

Formosa Plastics Group

Purolite

The Dow Chemical Company

BASF SE

Recent Developments

In May 2021, Adani Group, an Indian conglomerate, announced plans to build a 2 million tonne/year coal-to-polyvinyl chloride (PVC) plant in Mundra, Gujarat, for Rs 292 billion ($4 billion). PVC grades such as suspension PVC (resin), chlorinated PVC (C-PVC), and emulsion PVC are produced in the proposed project (paste).

In June 2020, in the Asia Pacific, Dow developed and launched a newly formulated post-consumer recycled (PCR) plastic resin for collation shrink film applications. The new resin contains 40 percent PCR, resulting in a film that performs similarly to those made with virgin resins. XUS 60921.01 is a product made with recycled plastics collected domestically in China by Dow's strategic recycling partners and manufactured at Dow's external manufacturing site in Nanjing, China.

In February 2019, in Navi Mumbai, Maharashtra, India, Arkema opened a new polyester resin manufacturing facility. A dedicated laboratory was included in this new facility to offer both application development and technical support. The facility will enable Arkema to better serve customers in India's fast-growing powder coating market, as well as the Gulf Region and neighboring countries.

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#Synthetic Resin Market #Synthetic Resin Market Size #Synthetic Resin Market Share

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countycurrent12 · 1 year

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Toyota Receives Funds to Create a Fuel Cell Hilux in the UK

A consortium led by Toyota, a global leader in the automotive industry, will get millions of dollars to build a hydrogen fuel cell pickup truck in the UK. Toyota announced in a statement on Friday that the fuel cell-powered Hilux pickup prototype would be created at its facility in Burnaston, in the East Midlands of England. The partnership is led by Toyota Motor Manufacturing UK and is supported…

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sramfact · 1 year

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The global automotive plastics market for passenger cars size is projected to grow from USD 21.1 billion in 2021 and is projected to reach USD 30.8 billion by 2026, at a CAGR of 7.9%. The demand for automotive plastics is mainly driven by the increase in passenger car production and the increasing utilization of automotive plastics in vehicle designs. Plastics offer a maximum weight reduction for automobiles, which in turn reduces carbon emissions. These could be the major reasons propelling the market.

The shift towards the use of bioplastics in vehicle production, the use of anti-microbial plastics and additives, the use of composites and PMMA, and the growing trend of vehicle electrification have increased the demand for automotive plastics across the globe. The development of 3D printing technology is expected to act as a new opportunity for the automotive plastics market for passenger cars to grow. However, the high cost of capital and infrastructure for re-engineering plastics is expected to hinder market growth during the forecasted period.

The under-bonnet is the fastest-growing application segment of the automotive plastics market for passenger cars during the forecast period. Automotive plastics used in the manufacturing of under-bonnet components of passenger cars include Polypropylene, PBT, polyamide, and other engineered plastics. The use of plastics in under-bonnet applications provides high durability, high-temperature resistance, strength, and rigidity to automobiles. The under-bonnet segment includes components such as the battery, onboard chargers, connectors, cables, electric motor, anti-lock braking system, hoses, hydraulic booster unit, load-sensing valve, master cylinder, metering valve, fuel delivery modules, intake manifolds, brackets, duck work, accumulator pistons pressure differential valve, proportioning valve, and thermal management system which require plastics in their manufacturing.

Polyamide is the fastest-growing product type segment of the automotive plastics market for passenger cars during the forecast period, owing to its enhanced properties, such as impact strength and superior surface finish. Commonly used grades are PA 6 and PA 66. It has various properties such as high stiffness, strength, dimensional stability, high temperature and abrasion resistance, and low friction characteristics, along with chemical, flame, abrasion, creep, and fatigue resistance. Moreover, owing to their excellent strength and toughness at the time of exposure to hot and automotive fluids, polyamides are used for automotive thermal management and other applications areas including gears, bushes, cams, bearings, and weatherproof coatings, etc.

BASF SE (Germany), SABIC (Saudi Arabia), LyondellBasell Industries Holdings BV (Netherlands), LG Chem (South Korea), DuPont (US), Covestro AG (Germany), Evonik Industries AG (Germany), Solvay (Belgium), Arkema SA (France), Borealis AG (Austria), LANXESS (Germany), DSM (Netherlands), Toray Industries Inc. (Japan), Mitsui Chemicals (Japan), Celanese Corporation (US), Toyota Boshoku Corporation (Japan), Faurecia SA (France), TOYODA GOSEI Co., Ltd. (Japan), INEOS (UK), Sumitomo Chemicals Co. (Japan), Ltd., UBE Industries (Japan), Mitsubishi Engineering Plastics Corporation (Japan), Formosa Plastics Corporation (Taiwan), EMI Chemi Holdings (China), and Momentive Performance Materials (US) are some of the leading players operating in the automotive plastics market for passenger cars. These players have adopted the strategies of acquisitions and partnerships to enhance their position in the market.

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emsvehicles · 1 year

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Event Medical Consultants

Both he and the patient who was behind the ambulance have been injured within the collision. Nota defined that he was able to get out of the ambulance but had lost consciousness in some unspecified time in the future and was transported from the scene for remedy. A fellow employee of the Department of Health who was also driving an emergency vehicle in the direction of Humansdorp testified that he arrived on the scene of the collision shortly after it had occurred. He offered medical assistance to Nota and the affected person before they were transported from the scene. In Paragraph four, bullet 3, TSAM went forward and knowledgeable their franchised sellers that the manufacturing unit warranty of three years/100,000kms on transformed panel vans will be cancelled. Dealers didn't regard this as a serious drawback; they perceived it as being another silent approval from TSAM.

However, De Beer stated the NRCS would have to claim that the converted ambulances have been homologated with the specific permission of Toyota Japan to guarantee that all the authorized requirements to be met. This makes them unstable at high speeds and harder to regulate, in addition to weak to being crushed in the occasion of an accident. This course of known as homologation, and as soon as it is accomplished the converted vehicle model is labelled as homologated. There are many nice benefits to being a Maverick Insider.

The automotive is owned by sixty nine yr old Parkinson’s victim Ian. Tim and Fuzz are off to Loughborough to tackle a 1992 Saab 900 Turbo that is in desperate want of repair. The automobile belongs to Saab fanatic and former Electrical Engineer Pravesh. Sadly, because of unwell health, Pravesh has been left with little power to work on the car, which means it has been left to rot.

Tim and Fuzz journey to Stroud in Gloucestershire to tackle a 1973 Hillman Imp which has been abandoned for many years in a dusty barn. The automotive belongs to former NHS theatre nurse Margaret who has owned and loved Imps since she first began to drive. Tim and Fuzz take on the restoration of the automobile that gave birth to one of many biggest sports activities automobile producers on the earth - the Porsche 356. The boys head to Manchester to tackle off road ambulance conversion a 1963 Citroen HY Van for a household whose lives have been torn apart when considered one of them was killed through the Manchester enviornment suicide bombing in 2017. Our staff of experienced servicing professionals are able to make your automobile feel brand new. I do not want to obtain newsletters and promo presents from Gumtree.

They merely went ahead and sold their very own expensive used automotive supplier warranties. Motor sellers certainly welcomed this chance as it generated extra profits on the expense of the unsuspecting taxi proprietor. The claims on these warranties have been minimal as very few taxi homeowners have their taxis frequently serviced by registered mechanics and subsequently repudiations of these claims have been in general a lot greater than the norm. The supplier in turn benefitted from the low warranty claims ratio. The automobiles recognized for retrofitment remedy have been second hand, which meant that the manufacturer’s approval was not required in terms of the National Road Traffic Act of 1996. The process itself needed to be overseen and certified by the NRCS.

A massive, comfy automotive that was as smooth as a giant saloon but may easily keep up with a Land Rover throughout a muddy area. The later 1991 Range Rover Vogue that Tim & Fuzz collect off road ambulance conversion symbolized freedom and happy days for Margaret, her husband and their family. Used to tow their caravan all over the UK, this four wheel drive was always dependable that durable.

A 1938 MGTA has been a lifelong project for proprietor and automotive enthusiast Derek. Andrew's family are determined for Car SOS to rescue this much liked motor and get Andrew behind the wheel earlier than it's too late . A high-end automobile has sat rotting away for over thirty years. The rebuild culminates in a race towards the clock to get the automotive again to its owner.

As it turned out their “fake taxis” had been bought on auctions to other unsuspecting patrons and judgements have been recorded towards their names. Bank contracts don't enable for any illegal conversions of kind. An MDA is designed not solely to guard the consumer but the bank as well in opposition to unscrupulous and deceiving motor sellers. TSAM acknowledged that these conversions haven't been examined and passed by the SABS saying that “You could be putting passengers vulnerable to harm or demise ought to critical safety factors [e.g. Mr Hunsinger mentioned that the report had been released in March 2019. In the remedial action, explicit deadlines had been mentioned, none of which had been met.

Calculate the frequency of the sound that the observer hears whereas the prepare is approaching him. Use the speed of sound in air as $\text$ $\text$$. The question explicitly asks what frequency you'll off road ambulance conversion hear when the observer is shifting at a sure velocity. This tells you immediately that the question is related to the Doppler shift.

Data on the affected steadiness of automobiles was taken by the Road Traffic Management Corporation and reviewed by Taxi Recapitalisation South Africa , a service supplier contracted to undertake scrapping of the taxi vehicles. The data mining course of was completed, and autos were found to wish attention. Only of the vehicles nonetheless had working licences connected to them. An operating licence was a prerequisite to qualify a vehicle for scrapping. A reconsolidation train was completed, and it was confirmed that a complete of automobiles nonetheless certified for scrapping, provided they have been linked to a legitimate operating licence. Operators had been contacted and advised on eligibility.

#emergency services

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digitrenndsamr · 7 months

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Power Inverter Market Growth, Trends, Opportunities and Forecast to 2031 | Key Players – Advanced Energy Industries Inc, SolarEdge Technologies, Enphase Energy Inc

The power inverter market size was valued at $68.2 billion in 2021, and power inverter market is estimated to reach $112.7 billion by 2031, growing at a CAGR of 5.2% from 2022 to 2031. An electric circuit that converts direct current to alternating current is known as a power inverter. The frequency, power, input, and output depend on the design of the electric circuit. As compared to the generator, the power inverter is the low-cost operator and is convenient for the usage of change-over switches. Because of these characteristics, power inverters are used in many tools, electric products, and many household appliances. As per consumer needs, power inverters are available in many types and power ranges. Power inverters are used in residential, commercial, and industrial usage. The application of a power inverter is a motor drive, rail traction, wind turbines, electric vehicle, and solar PV.

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The high-voltage functioning of power inverters might possibly pose a fire danger. Equipment that isn’t rated for the necessary current may heat up to the point where it melts or catches fire. The battery’s combustible component may be set on fire utilizing the stored energy. The demand for electric vehicles has significantly increased in developing countries like India in recent years, especially in 2021–2022. However, there is a lack of infrastructure and knowledge about the use of electric vehicles, which has led to severe fire threats. Despite an increase in the usage of power inverters in the transportation industry, power production, and several other industries, there are still obstacles that would hinder the market’s expansion.

The global power inverter market forecast is segmented on the basis of type, application, end use, and region. On the basis of type, the market is segmented into less than 5KW, 5 KW to 100 KW, 100 KW to 500 KW, and more than 500 KW. On the basis of application, the market is segmented into motor drives, wind turbines, rail traction, electric vehicle, UPS, solar PV, and others. In addition, on the basis of end use, the market is segmented into residential, commercial and industrial, and utility. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific Europe, and LAMEA.

North America segment dominated the global Power inverter market. North America represents one of the largest markets for power inverters accounting for several initiatives for energy conservation by switching to sustainable energy sources. In addition to this, various regulatory measures, in order to reduce the carbon footprints have boosted the sales of power inverters in the region. Increasing infrastructural advancements across the region will continue to spur demand in the upcoming years.

Key findings of the study

As per power inverter market analysis, region wise, North America holds a dominant position in 2021 and would continue to maintain the lead over the forecast period.

By type, 5 KW to 100 KW segment for the largest power inverter market share in 2021.

By application, the motor drives segment was the leading segment in 2021.

By end use, the utility segment for the largest market share in 2021.

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Competitive Landscape

The major companies profiled in this report are SolarEdge Technologies, Sungrow, Huawei Technologies Co., Ltd., Enphase Energy, Inc., ABB Ltd., Omron Corporation, SMA Solar Technology AG, Advanced Energy Industries, Inc., Toshiba Mitsubishi Electric Industrial Systems Corporation, and Schneider Electric. An increase in the demand for eco-friendly power generation has led to an increase in investment in solar and wind power plants which led to an increase in the demand for power inverters. Additional growth strategies such as an expansion of storage capacities, acquisition, partnership, and research & innovation in the optimization and improvement in the efficiency and reliability of power inverters have led to attaining key developments in the global power inverter market trends.

Latest Strategies Undertaken By Key Manufacturers

In February 2022, Huawei signed a contract with R.Power Group to supply Smart String Inverters for 390 MWp utility solar portfolio in Poland.

In December 2021, Sungrow launched an Ultra Powerful Inverter — SG350HX for effective Malaysian Large-Scale-Solar 4 Projects.

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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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themarketinsights · 1 year

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Revolutionizing Urban Mobility with On-Demand Transportation: Market Trends and Analysis

Latest Study on Industrial Growth of On-Demand Transportation Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the On-Demand Transportation market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:

International Business Machines Corporation (United States), BMW Group (Germany), Daimler Group (Germany), Ford Motor Company (United States), General Motor Company (United States), Gett, Inc. (United States), Robert Bosch GmbH (Germany), Avis Budget Group, Inc. (United States), Toyota Motor Corporation (Japan), Uber Technologies Inc. (United States), Ola Inc. (India), Careem (Saudi Arabia), City mapper (United Kingdom),

Scope of the Report of On-Demand Transportation

On-demand transportation refers to the transport facility at the request of customers. It offers physical transfer of people from one place to another and other services such as pre-booked buses and trucks for long distance travel. Of late, it has been observed that on-demand transportation service providers are managing their own fleet to maximize the profit. Further, growing online transportation market and IT services expected to dive the on-demand transportation market for the forecasted period

The Global On-Demand Transportation Market segments and Market Data Break Down are illuminated below:

by Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Application (Public Transportation, Freight Transportation, Other), Vehicle Type (Four Wheeler, Micro Mobility)

Market Opportunities:

The growing focus on email marketing strategy to establish better engagement with customers

Market Drivers:

Increasing Demand Of On the Go Services Owing To Changing Lifestyle

Growing Technology Engagement Such As Digitization and Smart Phone Penetration

Market Trend:

Growing Demand for Sharing Transportation Services Especially Among Corporate Commuters

What can be explored with the On-Demand Transportation Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global On-Demand Transportation Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in On-Demand Transportation

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

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Table of Contents

Global On-Demand Transportation Market Research Report

Chapter 1 Global On-Demand Transportation Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Productions, Revenue (Value) by Region

Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions

Chapter 6 Global Productions, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global On-Demand Transportation Market Forecast

Finally, On-Demand Transportation Market is a valuable source of guidance for individuals and companies.

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#On-Demand Transportation Market Analysis #On-Demand Transportation Market Forecast #On-Demand Transportation Market Growth #On-Demand Transportation Market Opportunity #On-Demand Transportation Market Share #On-Demand Transportation Market Trends

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technoamr · 9 months

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Power Inverter Market to Partake Significant Development During 2031

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isucheta · 2 years

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Automotive Cast Iron Cylinder Head Market Growing Geriatric Population To Boost Growth 2028

TOYOTA INDUSTRIES CORPORATION; Yamaha Motor Co., Ltd.; Sandvik Coromant; Nemak; and TEKSID S.P.A - PROMINENT MARKET PARTICIPANTS IN AUTOMOTIVE CAST IRON CYLINDER HEAD MARKET

TOYOTA INDUSTRIES CORPORATION; Yamaha Motor Co., Ltd.; Sandvik Coromant; Nemak; and TEKSID S.P.A are some of the key market players operating in the global automotive cast iron cylinder head market. The listing of key players is derived by considering multiple factors such as overall revenue, current automotive cast iron cylinder head portfolio, geographical reach, new product launches, market initiatives, and investment in technology up-gradation, partnerships, and other market-related activities. In addition to these players, there are several other important players operating in the automotive cast iron cylinder head market which were analyzed during the course of this market research study, such as Cummins Inc., YASUNAGA CORPORATION, Silbitz Group GmbH, Mauss GmbH, and Cooper Corp. among others.

On the basis of Engine Type, the global automotive cast iron cylinder head market is segmented into Straight or Inline Engine, V-Type Engines, and Flat Engines. Based on Vehicle Type, the global automotive cast iron cylinder head market is segmented into Two Wheelers and Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles. Based on geography, the global automotive cast iron cylinder head market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The government body of the region realizes that all businesses, irrespective of their size scale, need more assistance during the Covid-19 outbreak. The crisis is impacting the business operation of both public and private companies in Europe. Russia, the UK, France, Italy, Spain, and Germany are some of the worst affected member states in the European region due to the COVID-19 outbreak. Businesses in the region face severe economic difficulties as they either suspend their operations or substantially reduce their activities. Due to the business shutdown, the region is anticipated to witness an economic slowdown in the first half of 2021. Consumption in sectors such as clothing and goods and services is anticipated to be temporarily postponed, with spending expected to restart in part when the lockdowns been released. According to the Centre for Strategic and International Studies, military expenditures in European nations is projected to fall as a result of COVID-19's worldwide financial crisis, resulting in fewer new norms being adopted, affecting the automotive iron cast cylinder head market.

Most of the market initiatives were observed in North America, APAC and Europe region, which has a high potential for software asset management providers. Few of the important market initiatives and product developments from the industry are mentioned below:

Year

News

Country

2021

Toyota Industries Corporation and Siemens are collaborating on digital die casting transition. The project is one of the first to employ defect prediction AI for die casting. It boasts quality and productivity by utilizing the AI application in Siemens’ edge computing platform for Industrial Edge. Toyota Industries Corporation intends to leverage the project to expand their technology further and implement it into their production plants in Japan and globally. This adoption of technologies is also helpful in manufacturing cast iron products.

APAC

2021

The new United States-Mexico-Canada Agreement (USMCA) is beneficial to Cummins and America, laying the groundwork for economic growth in all three countries. The trade agreement expands market access and establishes new norms to improve commerce while strengthening labor and environmental standards. Instead of executing the same job in various countries, the USMCA will allow Cummins to leverage its North American supply chain's potential fully. To develop the most innovative and dependable products globally, the corporation can take advantage of distinct worker talents in several North American regions. This should put the company to compete with imported products in North American markets.

North America

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