Lightweight metal alloys – The future of the transportation industry

Posted by MarketsandMarkets on Apr 11, 2019 12:22:56 PM

The pressing need of the transportation industry to produce lightweight vehicles with superior functional capabilities is driving the lightweight metal alloys penetration in the industry. CAFÉ regulations and growing demand for electric vehicles are pushing the automakers to adopt lightweight solutions. Aluminum and magnesium alloys are the most commonly used lightweight metals, followed by titanium and beryllium. Lightweight material can drastically reduce the overall weight of the vehicle, reduce CO2 emissions, improve fuel consumption, and are completely recyclable.

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Topics: Automotive and Transportation, Chemicals, lightweight metal alloys

Cresco Labs, A Multistate Cannabis Company, has agreed to acquire Origin House for USD 823 Million

Posted by MarketsandMarkets on Apr 10, 2019 7:13:59 PM

Cresco Labs (US) is a multistate cannabis company that produces cannabis plants. It is a grower, processor and retailer of cannabis and operates across the United States. Origin House (US) is a distributor and provider of brand support services in California, the world’s largest regulated cannabis market. The company delivers more than 130 branded products through over 50 brands to most licensed dispensaries. The acquisition will provide Cresco with a large portfolio of brands to work with and on the other hand, Origin House will be able to expand its geographic presence. The acquisition will help in combining the expertise of both the companies that will help them in becoming a key North American cannabis company and one of the largest cannabis brand distributors.

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Topics: Food and Beverage, cannabis market

Aircraft Sensors - A Pivotal Component Ensuring Passenger Safety and Development of Next-gen Aircraft

Posted by MarketsandMarkets on Apr 10, 2019 6:15:03 PM

On October 29, 2018, a Boeing 737 MAX 8 operated by the Indonesian airline Lion Air crashed, killing all 189 passengers and crew. Another Boeing 737 MAX 8 aircraft operated by Ethiopian Airlines crashed on March 10, 2019, killing all 157 passengers and crew. The main reason for both accidents was false data provided by faulty angle-of-attack aircraft sensors.

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Topics: Aerospace and Defence, aircraft sensors

Alstom to showcase Coradia iLint, Pendolino, and APS at the Eurasia Rail 2019 in Turkey

Posted by MarketsandMarkets on Apr 9, 2019 6:21:14 PM

Alstom, a leading player in the railway technology, would showcase its latest technologies at the Eurasia Rail from 10-12 April 2019 in Izmir, Turkey. The latest technologies include Coradia iLint, the world’s first hydrogen fuel cell powered passenger train, and Pendolino, a flexible and interoperable passenger rail solution for high-speed and conventional trains that run at a speed of up to 250 km/h. The company would also showcase services for trains, infrastructure, and rail control systems. The highly reliable APS technology reduces the light rail lines and helps in preserving the urban environment. Atlas Trainborne is another technology that offers multiple Specific Transmission Modules (STMs) for compatibility with conventional systems.

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Topics: Automotive and Transportation, rolling stock management, rolling stock management market

In a landmark deal, Centrica and TEPCO collaborate to augment demand response services for the Japanese power grid

Posted by MarketsandMarkets on Apr 2, 2019 7:47:21 PM

Tokyo Electric Power Company (TEPCO) and Centrica recently collaborated on demand response services with Centrica (a UK-based organization) likely to assist TEPCO with FlexPond, an electricity demand response platform, to ensure that TEPCO provides stable electricity distribution services in the Kyushu region. FlexPond will be delivered under an innovative commercial “software-as-a-service” (SaaS) model, which will allow utilities, like TEPCO, to use the application platform to build its own virtual power plants (VPPs) and deliver the demand side response capability through a variety of flexible generation and demand facilities.

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Topics: Energy and Power, virtual power plant market, TEPCO, flexpond

US Department Of Defense (DoD) awards USD 4.1 Billion Contract for Missile Defense System

Posted by MarketsandMarkets on Apr 1, 2019 4:44:17 PM

Over the last two decades, the US has continuously invested in technology development and deployment of layered missile defense systems for the protection of its homeland and its forces abroad. It faces threats from countries, such as North Korea, Iran, Russia, and China as these countries are deploying offensive missile systems. The US continues to make significant progress in the development and deployment of active missile defense capabilities. Some of the major missile defense systems deployed by the US include the Terminal High Altitude Area Defense (THAAD), Aegis Sea-based Missile Defense, Aegis Ashore, and Patriot Advanced Capability-3 (PAC-3) systems.

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Topics: Aerospace and Defence, missile defense system, air defense system market

ELD and digital tachograph mandate to drive revenue streams for vendors

Posted by MarketsandMarkets on Apr 1, 2019 4:34:30 PM

The US Federal Motor Carrier Safety Administration (FMCSA) mandated the use of ELD for commercial vehicles from December 18, 2017. A 2-year window, till December 16, 2019, has been provided for vehicles that already have ELDs in place to update these devices as per FMCSA’s ELD technical specifications. Electronic logging device, also known as digital tachograph in Europe, is designed to record data related to the operation of the vehicle and driver activity. The driver information mainly concerns the hours of service (HOS), breaks, and driving behavior. The fleet operators are restricted to a maximum number of hours they can drive between rest periods. According to FMCSA, the ELD mandate will result in a USD 2.44 billion savings, most of which will be attributed to the amount of time drivers will save by not having to complete and submit time logs. In 2006, a similar mandate was implemented in European countries. As per the rule, from May 2006, all new vehicles over 3.5 ton in Europe had to be equipped with a tachograph. Later, in 2016, the European Commission adopted legislation defining new technical specifications for smart tachographs.

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Topics: Automotive and Transportation, electronic logging device market

Vital strategies and technologies for efficient and effective water management

Posted by MarketsandMarkets on Apr 1, 2019 4:23:06 PM

Water is vital for both industrial and municipal use. The technology for water treatment in the industrial sector differs fundamentally from that in the municipal sector as functions vary as per specific needs of each sector. In the industrial sector, demand for water treatment varies between industries and location of the establishment. Highly customized and integrative technologies are used in treating water in the industrial sector. On the other hand, municipal water treatment requires established techniques and processes to purify water and fulfill public demand.

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Topics: Chemicals, water treatment chemicals market

Capacity expansion of organic peroxide to strengthen Nouryon’s position in North America

Posted by MarketsandMarkets on Apr 1, 2019 3:33:00 PM

Nouryon (formerly, AkzoNobel Specialty Chemicals) to double production capacity of organic peroxides at its Los Reyes site, Mexico to meet increased customer demand for polyvinyl chloride (PVC) and polyolefin in North America. The expansion is planned to be completed by the first half of 2020.

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Topics: Chemicals, organic peroxides market

Archer Daniels Midland Acquires the Ziegler Group to Expand Its Natural Flavors Business!

Posted by MarketsandMarkets on Mar 28, 2019 7:06:55 PM

Archer Daniels Midland Company (ADM) (US) completed the acquisition of the Ziegler Group (Germany), a leading player in the European flavors market producing natural citrus flavor ingredients, on March 21, 2019.

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Topics: Food and Beverage, food flavors market

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