Daily Archives: September 18, 2020

The global silicon carbide market will witness stellar growth at a CAGR of 15% during 2019 2029, as projected by a new Fact.MR report. Key players in the silicon carbide market are eying profitable opportunities by leveraging on the sprouting demand for compact systems, motor drivers, and radiofrequency devices.

Skyrocketing consumer demand in emerging economies and governments across the world supporting FDI investments are further complementing market growth,says the report.

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Silicon Carbide Market: Key Findings

Silicon Carbide Market: Key Driving Factors

Silicon Carbide Market: Key Restraint

Explore the complete silicon carbide market report with detailed market segmentation, 195 illustrative figures, and 98 data tables at:https://www.factmr.com/connectus/sample?flag=RM&rep_id=4581

Competition Landscape

Some key players in the silicon carbide market are Dow Chemical Co., AGSCO Corporation, Carborundum Universal Limited., Entegris Inc., ESD-SiC b.v., ESK-SIC GmbH, Gaddis Engineered Materials, Grindwell Norton Ltd., Saint Gobain Ceramic Materials GmbH, and Snam Abrasives Pvt. Ltd, among others. The market players are investing in research and development activities to gain traction among consumers.

About the Report:

Fact.MR presents a detailed and unbiased analysis of the global silicon carbide market, displaying data on historical demand (2014-2018) and forecast data for the period, 2019-2029. To simplify the vast study, the report is segmented on the basis of product (black silicon and green silicon), application (steel, automotive, aerospace, military & defense, electrical & electronics, healthcare, and others), and across 6 key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa).

Press Release: https://www.factmr.com/media-release/1354/global-silicon-carbide-market

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APAC (East Asia and Southeast Asia & Oceania) to Remain the Prominent Region, Promoting Silicon Carbide Market Growth, 2019 to 2029 - The Cloud...

A joint seminar held by the International Weightlifting Federation (IWF) and the Oceania Weightlifting Federation attracted participants from 29 countries.

The technical seminar was held over the course of a day.

It was overseen by IWF honorary advisor Sam Coffa and fellow Australian Pedro Sanchez, a member of the IWF Technical Committee.

Organisers say representatives from Australia, New Zealand, Fiji, Papua New Guinea, Solomon Islands, Kiribati, Tuvalu, Cook Islands, Nauru, Tahiti, Northern Mariana Islands, New Caledonia, Niue and Tuvalu participated in the online event.

The seminar also received interest from outside Oceania, with participants coming from the United Kingdom, United States, China and South Korea.

Austria, Denmark, Belgium, Botswana, Germany, France, Hungary, Lithuania, Malaysia, Singapore and Syria were also represented.

The IWF said a total of 250 people took part in the online seminar.

The governing body revealed it had received feedback praising the event, which highlighted the clarity and precision of the content.

IWF vice-president and Technical Committee chair Nicu Vlad was praised for his role in establishing the seminar, as was Australia's Bowen Stuart.

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IWF holds joint technical seminar with Oceania Weightlifting Federation - Insidethegames.biz

Cryptocurrency and blockchain technology adoption continues to rise, with banks, institutional investors, and everyday consumers now using these platforms to engage in everyday transactions or to implement various business use cases.

According to Chainalysis, the patterns of cryptocurrency usage vary widely across the globe. The blockchain security firm claims that its recent report is one of the first attempts to quantify key differences in how DLT and crypto-assets are used by businesses throughout the world. The report was compiled using blockchain analysis and insights from expert interviews, which looked into important regional differences in crypto adoption and related use cases.

As mentioned in Chainalysis report, the Central and Southern Asia and Oceanias cryptocurrency market has been growing steadily. Approximately 12% of all value sent and received using cryptocurrencies came fromt his region, the report revealed.

In total, $40 billion worth of digital assets were received by entities based in Central and Southern Asia and Oceania, according to the report. It added that another $41 billion in crypto-assets were transferred out of the region to various places throughout the world. This region accounted for a relatively small or 1.7% of the illicit share of crypto valued received and just 0.8% of illicit share of value sent.

Its worth noting, however, that these estimates are quite low considering the recent multi-billion dollar PlusToken Crypto Ponzi scheme, which originated in China and may have affected neighboring Asian countries.

Central and Southern Asia and Oceania (CSAO) has the worlds fifth-most active region when it comes to cryptocurrency related activities, out of the eight regions examined by Chainalysis and documented in its extensive research report.

Chainalsysis noted:

With many developing countries in the (CSAO) region, we see heavy retail activity, which could suggest users are turning to cryptocurrency for remittances and possibly even everyday transactions.

The report added:

CSAO has the third-highest share of its cryptocurrency market made up of retail activity, with between 15% and 22% of transaction volume coming in retail-sized transfers of $10,000 worth of cryptocurrency or less during the time period studied. [Chainalysis] believes that some of this activity is due to remittances from overseas.

Chainalysis cites a report from Knomad, which notes that India led the world in 2017 when it comes to fiat remittances received at an estimated $69.0 billion. Vietnam was ranked tenth at roughly $13.8 billion, Indonesia was ranked 17th at $9.0 billion, while Thailand was ranked 24th at approximately $6.7 billion. The blockchain security firm reveals that these four nations are among the biggest digital asset markets in the CSAO region.

Chainalysis further notes:

Its possible that residents have shifted some of their remittance activity to cryptocurrency to take advantage of lower fees and shorter wait times.

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Asian Countries like India, Indonesia, Vietnam, Thailand have One of the Fastest-Growing Digital Asset Markets: Report - Crowdfund Insider

Demand for increased fuel economy, low maintenance cost, and improved performance are boosting the trend of vehicle electrification. The vehicle electrification market is projected to grow at a CAGR of 11.

New York, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Vehicle Electrification Market by Product, 48V, ICE, BEV, HEV, PHEV, Vehicle Type And Region - Global Forecast to 2025" - https://www.reportlinker.com/p05099508/?utm_source=GNW 9% to reach USD 129.6 billion by 2025 from USD 73.7 billion. OEMs are switching from conventional technology to advanced technology for complying with the norms and increasing vehicle efficiency. There are multiple engine, transmission, and hybrid technologies that can help in improving the fuel efficiency of a vehicle. For instance, according to the US Department of Energy (US DOE), the start-stop system can improve fuel efficiency by up to 5%, based on driving and traffic conditions. Also, components such as electric oil pump and electric vacuum pump consume lesser energy than their conventional counterparts. However, higher cost of electric vehicles can undermine the demand for vehicle electrification.

The market for BEVs is estimated to witness the fastest growth in the vehicle electrification market BEVs are projected to lead the vehicle electrification market, in terms of value, during the next 10 years.Automakers are seeing BEVs as a gateway to achieving fuel emission and economy standards set by governments.

Government tax incentives and state rebates have boosted the proliferation of BEVs.Asia Oceania and North America are the fastest growing regions for BEVs.

Increasing charging infrastructure in North America would be responsible for the shift from conventional ICE vehicles to BEVs.OEMs of this region have also invested significantly in vehicle electrification.

This would also drive the demand for BEVs.

The electric power steering (EPS) is estimated to be the largest segment of the vehicle electrification market Electric Power Steering (EPS) systems are power-assisted steering products that eliminate the association between the steering system and the engine.EPS is the most popular steering system in the global market as it reduces fuel consumption and emissions, limits the required servicing, and improves maneuverability.

In Europe and North America, almost all vehicles have EPS, and in Asia Oceania, the trend is growing rapidly. Hence, the EPS segment is estimated to hold the largest market share during the forecast period.

Asia Oceania: the largest vehicle electrification market in the automotive industry Asia Oceania is the leading vehicle electrification market as the region represents countries such as China, Japan, South Korea, and India, with the worlds highest vehicle production.The automobile industry is flourishing, especially in South Asia.

Additionally, Asia Oceania has created hubs for automobile manufacturers and automotive component suppliers.Considering the vehicle electrification market in the Asia Oceania region in 2019, the passenger car segment is estimated to lead the market, comprising more than 80% of the vehicle electrification market in the region, followed by the LCV segment, in terms of both volume and value.

As Asia Oceania has the largest share of passenger cars, ICE vehicles are expected to dominate the vehicle electrification market in Asia Oceania.Countries such as China and India have plans to upgrade their emission regulations by 2020.

For instance, India is planning to skip BS V regulations by leapfrogging to BS VI. This is a positive development for the vehicle electrification market. Additionally, the demand for more electric and electronic components in vehicles helps drive vehicle electrification.

BREAKDOWN OF PRIMARIES The study contains insights provided by various industry experts, ranging from vehicle electrification OEMs to vehicle electrification component suppliers. The break-up of the primaries is as follows: By Company Type Tier-I - 25%, Tier-II - 20% OEMs 40%, and Others- 15% By Designation C level - 40%, D level - 35%, and Others** - 25% By Region North America - 35%, Europe - 35%, Asia Oceania - 25%, RoW-5%

Note: Others** include sales managers, product managers, and associations. Tier 1 - System suppliers to OEMs, Tier 2 - component suppliers to Tier 1. OEMs are Vehicle Manufacturers Others are Industry experts and Independent consultants The vehicle electrification market comprises major manufacturers such as Bosch (Germany), Continental (Germany), Denso (Japan), BorgWarner (US), and Mitsubishi Electric (Japan).

The report provides detailed profiles of the following companies: Bosch (Germany) Continental (Germany) Denso (Japan) Delphi (UK) Johnson Electric (Hong Kong) Mitsubishi Electric (Japan) BorgWarner (US) Magna (Canada) Aisin Seiki (Japan) Johnson Controls (US) ZF Friedrichshafen (Germany) Valeo (France) JTEKT Corp. (Japan) Hitachi Automotive Systems (Japan) Wabco Holding Inc (Belgium)

Research Coverage: The report provides a picture of the vehicle electrification market across different verticals and regions.It aims at estimating the market size and future growth potential of the vehicle electrification market, by product type, by degree of hybridization, 48V, by vehicle type, and by region.

Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, Vendor DIVE matrix, recent developments, and key market strategies.

Key Benefits of Buying the Report:

This report provides insights with reference to the following points: The report will help market leaders and new entrants in by providing them the closest approximations of the revenue numbers for the overall vehicle electrification market and subsegments. This report will help stakeholders better understand the competitor landscape and gain more insights to position their businesses better and make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.Read the full report: https://www.reportlinker.com/p05099508/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Vehicle Electrification Market by Product, 48V, ICE, BEV, HEV, PHEV, Vehicle Type And Region - Global Forecast to 2025 - Yahoo Finance UK

RENO, Nev., Sept. 16, 2020 (GLOBE NEWSWIRE) -- New Q2 data from Synergy Research Group shows that Amazon (AWS) and Alibaba are clear leaders in the APAC region cloud market, based on quarterly revenues. Amazon is the frontrunner in four of the five APAC sub-regions, while Alibaba has a strong lead in China and is also well placed in the rest of East Asia, South & Southeast Asia and Oceania. Microsoft is ranked second in three of the sub-regions, has a strong position in Japan and is placed third in the overall APAC region. The rest of the top-ranked cloud providers are either global players with a position in multiple markets - Google and IBM - or companies with a strong position in their home markets. Beyond Alibaba the next five cloud providers in China are all local companies, while Fujitsu and NTT are well placed in Japan, Naver and KT feature heavily in South Korea, and Telstra is a challenger in the Australian market. China is by far the largest market in the region, helping Tencent and Baidu to feature among the regions leaders. While all sub-regions are growing strongly, it is South & Southeast Asia that has the highest growth rate, thanks in large part to India.

APAC revenues from cloud infrastructure services were over $9 billion in Q2 and are growing at over 40% per year. Public IaaS is by far the largest segment in the region, followed by public PaaS and managed private cloud services. Public IaaS also had the highest growth rate in the quarter, though managed public cloud also features strongly due to particularly high growth in VPC and bare metal cloud services. The APAC region does not yet account for a third of the worldwide market but it is growing much more rapidly than either the North American or EMEA regional markets. After China, the largest country markets in the region are Japan, India, Australia and South Korea.

China is a unique market and remains dominated by local companies, but beyond China there is strong competition between a range of global and local companies. Amazon is the leader in four of the five sub-regions, but it is not the market leader in every country, said John Dinsdale, a Chief Analyst at Synergy Research Group. The challenge for local players is that in most ways cloud is a truly global market, requiring global presence, leading edge technology, strong brand name and credibility, extremely deep pockets and a long-term focus. For any local cloud companies looking to expand significantly beyond their home market, that is an extremely challenging proposition.

About Synergy Research Group

Synergy provides quarterly market sizing and segmentation data on cloud and related markets, including company revenues by segment and by region. Synergy Research Group (www.srgresearch.com) helps marketing and strategic decision makers around the world via its unique insights and in-depth analytics.

To speak to an analyst or to find out more about how to access Synergys market data, please contact Heather Gallo @ hgallo@srgresearch.comor at 775-852-3330 extension 101.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33946525-046c-4f3e-9abb-40e875428c18

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AWS and Alibaba Lead the APAC Cloud Market; Microsoft, Tencent and Google in the Chasing Pack - GlobeNewswire

BEIJING, Sept. 18, 2020 /PRNewswire/ -- As the world enters a new era of international travel, Beijing Tourism is leading the way with a two-part online forum series, "Beijing Culture and Tourism Global Online Strategic Forum - Restart Travel, Together with Beijing."Held on 22-23 September 2020, the forum is aimed at tour operators and travel agencies who manage and sell travel to Beijing, destinations and tourism businesses around the world who can learn from Beijing's examples, and others working in the tourism industry and travel media. Attendees will come away with a practical understanding of how Beijing is tackling many of the most challenging issues facing international tourism, and looking ahead to the future, by embracing new technology, creative solutions, and learning from past experience.

The forum brings together an expert lineup of more than 30 speakers from throughout the tourism industry, including leaders such as Airbnb, TripAdvisor, Lufthansa Group, TUI, PATA, WYSE Travel Confederation, Marriott, and many others.

Each session features six panel discussions and keynote presentations. These address questions of how tourism can bounce back from COVID-19, the future of business travel and the MICE sector, and the role of youth travel in global tourism recovery.

Keynote speeches include a presentation from the Beijing Organizing Committee for the Olympic Games, and a Q&A session addressing Beijing's challenges as a tourism destination. Each forum session finishes with a research report presentation from McKinsey on global prospects for tourism recovery.

"Beijing Tourism's goal in building this platform is to welcome friends around the world to discuss how to restart travel not only travel to Beijing, but on an international level. As we move forward to embrace the new normal together, our Forum will develop confidence within the global travel industry by showing how Beijing and China are successfully leading the recovery of tourism," said Wei Pang, Deputy Director General, Beijing Municipal Culture and Tourism Bureau, Department of Foreign Exchanges and Cooperation.

The event will be held from 4pm China Standard Time (CST) on Tuesday, 22 September, for attendees in Africa, Asia, and Europe. A second session from 8am CST on Wednesday, 23 September, is aimed at attendees in the Americas and Oceania. Both forum sessions will be recorded and available for playback.

Please visit http://traveltrade.visitbeijing.com.cn/forum to register and view the full program.

Photo - https://mma.prnasia.com/media2/1276524/beijing_tourism_forum.jpg?p=medium600

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Beijing Culture and Tourism Spearheads Post-COVID Travel Recovery with Global Online Strategic Forum: "Restart Travel, Together with...