Tag: COVID19

Analysis on New Product Launches in Covid-19 Related Markets-Automotive Pressure Sensors Market 2020-2024 | Demand for Automobiles to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive pressure sensors market and it is poised to grow by USD 614.21 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Continental AG, Delphi Technologies, DENSO Corp., Honeywell International Inc., Infineon Technologies AG, NXP Semiconductors NV, Robert Bosch GmbH, Sensata Technologies Inc., TE Connectivity Ltd., and Texas Instruments Inc. are some of the major market participants. The demand for automobiles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more

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Avia Solutions Group Donates $2M for COVID-19 Vaccine Transportation

“Being one of the biggest aviation services group and a socially responsible humanitarian flights provider, we decided to solidarize with other large global companies. We have sent an official offer of $2M worth flight budget to the World Health Organization with an aim to help combat COVID-19. The support money shall be dedicated to transporting COVID-19 vaccines to highly infected places using the company’s aircraft fleet – Dornier 228, Boeing 747-400F, B737-400F and Airbus A321,” says Mr. Vygaudas Usackas, Ambassador and Member of the Board of Directors of Avia Solutions Group.

Avia Solutions Group is the biggest integrated aviation service provider in the world with up to 50% of its flights being humanitarian. The company currently controls the operations of Chapman Freeborn, Bluebird Nordic and Avion Express, which together achieve around 10 000 flight hours per month performing medical aid flights, repatriation, United Nations World Food Programme missions and other

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Volvo’s Trevor Hettesheimer talks about how COVID-19 has changed automotive business

30-second summary:

  • ClickZ and SEW hosted a virtual briefing, The Impact of COVID-19 on the Automotive Industry & Marketing with Trevor Hettesheimer, Manager, KPI’s, Analytics, Search & Planning at Volvo.
  • There has been a sharp drop in automotive sales compared to the 2020 forecast in January, which predicted 16.8 million in total sales and 13.4 million in retail sales.
  • As a result of nationwide shutdowns combined with an oil price war, automotive industry sales were down 41% in March 2020 compared with the previous year.
  • To help mitigate the impact on its business, Volvo took inventory of their U.S. dealerships and assessed who could remain open for sales and service.
  • They then assessed what dealers could do business online and brainstormed ways they could safely deliver cars or allow consumers in lockdown to have their cars serviced.
  • Hettesheimer noted that the most significant drop in sales would likely be April
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Automotive Stocks Gear Up To Fight COVID-19

Major automotive and auto component manufacturers have seen their stock prices decline by an average of over -30% year-to-date, due to the Coronavirus pandemic. While General Motors stock is down by about -41% year-to-date, Ford is down by -47%. However, Tesla has bucked the trend, rising 68%. The health crisis has meant people really don’t need to drive much right now, and not many are buying new cars either. Irrespective of what local and country governments prescribe or guide, we don’t believe this is likely to change in a hurry. Discretionary spending is likely to drop as the economy slips into a recession, impacting auto sales.

Though steep declines have happened, more pain and declines are possible in the coming weeks as

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Life after Covid-19: How the Indian automotive sector can be future-ready


The Indian automotive sector was already struggling in FY20. before the Covid-19 crisis. It saw an overall degrowth of nearly 18 per cent. This situation was worsened by the onset of the Covid-19 pandemic and the ongoing lockdowns across India and the rest of the world. These two years (FY20 and FY21) are challenging times for the Indian automotive sector on account of slow economic growth, negative consumer sentiment, BS-VI transition, changes to the axle load norms, liquidity crunch, low capacity utilisation and potential bankruptcies.


Post-Covid-19 world: When will that be?



The return of daily life and manufacturing activity to near normalcy in China and South Korea, along with extended lockdown in India, gives hope for a U-shaped economic recovery. Our analysis indicates that the Indian automotive sector will start to see recovery in the third quarter of FY21. We

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Business Strategy, COVID-19 Impact Analysis, New Solutions, And Recommendations

Pune, Maharashtra, Prudour Pvt. Ltd., April 21, 2020 (Wired Release) MarketResearch.Biz has presented a new research study offering a comprehensive analysis of the Global Bicycle Parking Rack Market where users can benefit from a complete market research report with all the necessary useful information on this market. This is the latest report covering the current impact of COVID-19 on the market.

Click here to get the short-term and long-term impact of COVID-19 on this Market: https://marketresearch.biz/report/bicycle-parking-rack-market/covid-19-impact

Key Highlights of This Research Report:

Overview: Along with a broad overview of the global Bicycle Parking Rack Market, this section gives an overview of the report to give an idea of the nature and content of the research study.

Analysis of Strategies of Leading Players: Market players can use this analysis to gain a competitive advantage over their competitors in the Bicycle Parking Rack Market.

Study on Key Market Trends: This section of

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Pre & Post COVID-19 Market Estimates-Global Oil and Gas Pipeline and Transportation Automation Market 2020-2024 | Evolving Opportunities with ABB Ltd. and Danfoss AS | Technavio

LONDON–(BUSINESS WIRE)–The oil and gas pipeline and transportation automation market is poised to grow by USD 1.94 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. Request free sample pages

Read the 149-page report with TOC on “Oil and Gas Pipeline and Transportation Automation Market Analysis Report by Application (pipeline, and LNG and terminal) and Geographic Landscape (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024”.

https://www.technavio.com/report/global-oil-and-gas-pipeline-and-transportation-automation-market-industry-analysis

The market is driven by the expansion of oil terminals. In addition, the virtualization of automation control systems is anticipated to boost the growth of the Oil and Gas Pipeline and Transportation Automation Market.

Oil terminal support the oil and gas supply chain by storing crude oil and petroleum products. With the rise in the global demand for energy, there has been an increase in the number of oil terminals and pipeline

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Automotive, Motor Racing, Architecture, Design, Science Unite In The Fight Against COVID-19

Industry, science, engineering and design have joined forces to help fight the spread of the coronavirus pandemic. Working in teams and with modern manufacturing methods, they are collectively and rapidly designing, producing and distributing COVID-19 medical respiratory devices and face shields to help with shortages in hospitals around the world. With no time for peer review, at incredible speed epidemiologists around the world are sending each other papers, helping the medical world understand the virus and for industry to design accordingly.

The mood is akin to that of war time, when the urgency of the occasion creates a hotbed of ideas and accelerates the speed of change. During World War II, away from the front line, architects, engineers, designers, scientists made life-saving inventions from their studios and on assembly lines. Some of the ideas led to further possibilities in time of

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Bike Shops Are Open in Colorado Despite COVID-19

Colorado has not shut down bike shops over COVID-19.

Listed as a critical business in Colorado, they’re still open for repairs and shopping, which is good news for any cyclists trying to get around town for the essentials: jobs, groceries, hospital visits…and fresh air.

But even though they haven’t been required to close, most of the shops are cutting back hours, limiting the number of customers inside to enforce social-distancing protocols, or offering curbside services only.

If you want to browse for a new bike or gab with the bike mechanic about your fixed-gear collection, wait till the shutdown is over. In the meantime, if you need parts or an urgent repair, the shops are ready to help. But no matter what shop you go to, call ahead. Things are changing quickly.

Cycleton in Stapleton, which plans to stay open from 10 a.m. to 6 p.m. Tuesday through Saturday, has

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COVID-19 and plant closures: The automotive industry’s response to the pandemic

Ferrari factory

Closed.


Ferrari
For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website.

As the novel coronavirus continues to spread across the world, automakers are taking extreme measures in the form of plant closures to halt the spread of COVID-19, the disease the coronavirus causes. The situation remains fluid as more European companies suspend work and US automakers extend shutdown periods.

Here are all the automakers and companies that have elected to halt production in the US and Europe so far. Information on Detroit’s Big Three begins our coverage, followed by all other shutdowns organized by the date automakers announced them.

Ford

Ford shut down all European and North American production on March 19 to help combat the spread of COVID-19. While Ford intended to reopen facilities and restart production on March 30, the company on March 31 delayed that goal indefinitely. However, it plans

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