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Companies present prototype for mobile large-scale energy storage
Companies in Zwickau give used batteries from electric cars a second life and have presented a new mobile large-scale storage device. It has a modular structure and can have capacities from 200 kilowatt hours to 2.5 megawatt hours, according to the presentation on Tuesday. The lithium-ion batteries used came from electric vehicles and were supplied by Mercedes-Benz Energy[1] in Kamenz.[2] They are installed in a common container, so that the memory is portable, it said.
The idea behind it: although the batteries in electric cars age, they can still store electricity after they have been used in the vehicle. For example, they can help to store electricity from the sun and wind for times when little electricity from renewable energies is available. According to the information, such large-scale storage systems can be used not only in wind and solar parks themselves, but also in a decentral way in companies. No information was given on the investment sum for the development. Depending on the capacity, the costs for such a storage system were given as between 200,000 and 300,000 euros.
"Now that the prototype has passed all the load tests with flying colours, we are now starting to optimize it for series production," explained the owner of the Elektro Lippmann company[3], Steffen Lippmann. His company developed the storage tank together with Erlos Produktions- und Recycling GmbH[4] on behalf of the Zwickau-based WP Holding.[5] There is a lot of interest in the different types of storage, explained Erlos Managing Director Matthias Schmidt: "We have received inquiries from all over Europe."
Elsewhere in Saxony, people are also working on the second life for used batteries from electric vehicles. At the end of September, for example, the company JT Energy Systems[6] in Bobritzsch-Hilbersdorf[7] near Freiberg presented a power storage device consisting of more than 10,000 battery modules that were previously used in electric forklifts, for example. If there is an oversupply in the grid, electricity is stored there and fed back in later when required.
Source
Dpa, Firmen stellen Prototyp für mobilen Großspeicher vor, in: Süddeutsche Zeitung, 10-01-2023; https://www.sueddeutsche.de/wirtschaft/energie-firmen-stellen-prototyp-fuer-mobilen-grossspeicher-vor-dpa.urn-newsml-dpa-com-20090101-230110-99-166420
[1] Mercedes-Benz Energy offers the development of innovative energy storage solutions and the integration of vehicle batteries in 2nd Life applications and spare parts storage.
[2] Kamenz (Kamjenc (Sorbian) is a town (Große Kreisstadt) in the district of Bautzen in Saxony, Germany. Until 2008 it was the administrative seat of Kamenz District. The town is known as the birthplace of the philosopher and poet Gotthold Ephraim Lessing and Bruno Hauptmann, convicted kidnapper of the Lindbergh baby. It lies north-east of the major city of Dresden.
[3] In order to be able to build cost-conscious and high-quality systems for you, Elektro Lippmann relies on innovative technologies and select electrical devices according to the latest energy efficiency criteria. In this way, a company’s costs can be reduced in the long term. Elektro Lippmann realizes for its customers: 1) Electromobility, 2) Battery storage systems for grid replacement, 3) Photovoltaic systems and storage solutions, 4) Control technology for industrial complexes, 5) Control cabinet construction, 6) High-quality technology for the modern private house (KNX / GEKKO), 7) Individual power supply and lighting concepts. https://www.elektro-lippmann.de/index.php
[4] Manufacture of complete wheels for cars and trucks; Concept creation, development and use of recycling processes and environmental technologies including logistics; Consultancy, training and mediation activities in the context of recycling processes and in the field of international transport logistics; Sales, rental and control of transport containers throughout Europe; Collection, transport… https://www.wphgroup.de/ERLOS/
[5] Under the umbrella of WP Holding GmbH, 7 integrated companies operate at 5 locations, each with many years of experience in their own business area. WP develops and implements integrated logistics solutions from combined freight forwarding, logistics and process consulting services. As a full-service logistics service provider, we offer our customers intelligent and needs-based solutions for all logistical tasks. Under the umbrella of the holding company, WP now covers the business areas of forwarding, logistics, service, recycling and production. https://www.wphgroup.de/UeBER-UNS/
[6] Founded in 2019, JT Energy Systems develop and produce energy systems for vehicles with industrial application. They are laying the foundation for a competence centre to serve the rapidly growing demand for innovative and sustainable energy systems. Because they are convinced: the future is electric. https://www.jt-energy.com/
[7] Bobritzsch-Hilbersdorf is a municipality in the Mittelsachsen district of Saxony, Germany, created with effect from 1 January 2012 by the merger of Bobritzsch and Hilbersdorf.
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Lockheed Martin and Northrop Grumman sign agreement to manufacture F-35 core fuselages in Germany
Fernando Valduga By Fernando Valduga 02/17/23 - 14:00 in Military
Lockheed Martin and Northrop Grumman signed a letter of intent with Rheinmetall AG as a promising strategic source of supply for the F-35 central fuselage in Germany.
This potential partnership would establish a second integrated assembly line of the central fuselage (IAL) of the F-35 in Germany, expanding the significant role that European industry plays in the F-35 program.
“Lockheed Martin has been a committed partner with Germany for more than 50 years. The F-35 program will continue to strengthen our strategic partnerships with key industry partners in the coming years," said Mike Shoemaker, Vice President of F-35 Customer Programs at Lockheed Martin. "The production of the central fuselage of the F-35 in Germany will be vital to meet the growing global demand for F-35s, which play a vital role in the security of the 21st century."
Northrop Grumman is the main partner of the Lockheed Martin F-35 program. In addition to manufacturing the central jet fuselage and wing coatings, the company is also responsible for the development, production and maintenance of sensor, avian and aircraft systems and training software.
"The central fuselage IAL is recognized as a state-of-the-art installation supported by Northrop Grumman's unique technologies, combining automation with our experience in aerospace tools," said Glenn Masukawa, vice president and manager of Northrop Grumman's F-35 program. "The involvement with Rheinmetall demonstrates our commitment to collaborate with international partners to manufacture advanced aircraft."
The F-35 program continues to develop these partnerships, using companies with the right technical capabilities. The German industry has contributed to the F-35 program since its inception in 2001. Lockheed Martin continues to actively explore additional opportunities for industrial participation that will allow partnerships throughout the German industry and create jobs in the manufacture, maintenance, training, research and development of 5th generation fighter aircraft.
Cooperation with Lockheed Martin and Northrop Grumman in the F-35 program highlights the importance of Rheinmetall for national security policy and will bring essential capabilities to Germany. Rheinmetall can contribute its experience as an integrated technology group in the production of complex components and as an aviation certified company for cooperation.
"The long-standing partnership between Lockheed Martin and Rheinmetall, as well as the very close ties that have existed for decades between the Bundeswehr (German Armed Forces) and our company, lead to a genuine transfer of know-how to Germany as a localized industry," said Armin Papperger, CEO of Rheinmetall AG. "In addition, this configuration contributes significantly to minimizing risk, bringing national partners who are involved in a proven way."
To date, the F-35 operates from 37 bases and ships around the world, with nine nations operating F-35s on its territory. There are more than 890 F-35s in service today, with more than 1,890 pilots and 13,570 maintainers trained in the aircraft.
Tags: Military AviationF-35 Lightning IILockheed MartinLuftwaffe - German Air ForceNorthrop GrummanRheinmetall
Fernando Valduga
Fernando Valduga
Aviation photographer and pilot since 1992, he participated in several events and air operations, such as Cruzex, AirVenture, Dayton Airshow and FIDAE. He has works published in specialized aviation magazines in Brazil and abroad. He uses Canon equipment during his photographic work in the world of aviation.
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Lithium-ion Battery Market 2030 Size Outlook, Growth Insight, Share, Trends
In 2023, the global lithium-ion (Li-ion) battery market was estimated to be worth USD 54.4 billion and is projected to grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. This growth is largely driven by rising demand for electric vehicles (EVs), supported by the cost-effectiveness and energy efficiency of Li-ion batteries. The automotive sector, in particular, is expected to see significant expansion due to the increasing global registration of EVs, as more consumers seek cleaner and more sustainable transport options. In the United States, the largest North American market for Li-ion batteries in 2023, federal policies and the presence of key industry players are anticipated to drive further product demand. Government policies, such as tax incentives for EV purchases under the American Recovery and Reinvestment Act of 2009, as well as fuel efficiency standards introduced by the Corporate Average Fuel Economy (CAFE) regulations, have accelerated the shift towards electric drive technologies in both passenger cars and light commercial vehicles (LCVs).
In addition to the automotive sector, the demand for Li-ion batteries in consumer electronics is also driving market growth. As consumers seek more durable and energy-efficient devices, lithium-ion batteries are becoming a preferred choice for smartphones, tablets, and other electronics due to their long lifespan and high performance. The demand for EVs is similarly bolstered by growing awareness of carbon emissions and the environmental impact of traditional gasoline-powered vehicles, which motivates consumers to adopt cleaner alternatives. This trend is supported by regulatory pressures on lead-acid batteries due to environmental concerns. Specifically, regulations set by the Environmental Protection Agency (EPA) aim to reduce lead contamination and govern the storage, disposal, and recycling of lead-acid batteries, prompting a shift towards safer Li-ion battery solutions for automotive applications.
Gather more insights about the market drivers, restrains and growth of the Lithium-ion Battery Market
Mexico has also emerged as a strategic center for the global automotive industry, attracting investments from companies worldwide due to its large automotive production capacity. As the fourth-largest exporter of vehicles globally, following Germany, Japan, and South Korea, Mexico's automotive production is expected to further stimulate demand for lithium-ion batteries in the region. However, the market faced challenges during the COVID-19 pandemic. Battery providers had to adapt by reducing operational costs due to lower demand and by managing disruptions in the supply of spare parts caused by reduced manufacturing activity and logistical issues. To maintain service quality for clients with long-term contracts, suppliers turned to digital tools and implemented strict health and safety measures, including social distancing and personal protective equipment, to ensure safe on-site maintenance and repair services where necessary.
Application Segmentation Insights:
The Li-ion battery market is categorized into several application segments: automotive, consumer electronics, industrial, medical devices, and energy storage systems. In 2023, the consumer electronics segment led the market, accounting for over 31% of total revenue. Portable lithium-ion batteries are widely used in consumer electronics due to their compact size, high energy density, and rechargeability. They are incorporated into various devices, including mobile phones, laptops, tablets, LED lighting, digital cameras, wristwatches, hearing aids, and other wearable gadgets. This high demand for portable devices has positioned the consumer electronics segment as a dominant sector in the market.
The electric and hybrid EV market is anticipated to be the fastest-growing application segment over the forecast period. Rising fossil fuel prices and increased awareness of the environmental benefits of battery-operated vehicles are expected to drive this growth, especially in emerging markets across Asia-Pacific, Europe, and North America. Moreover, Li-ion batteries are widely utilized for backup power solutions in commercial settings, such as data centers, office buildings, and institutions. In residential applications, Li-ion batteries are becoming popular for energy storage in solar photovoltaic (PV) systems, enhancing the growth potential of the energy storage segment.
Li-ion batteries are also gaining traction in various industrial applications. They are commonly used in power tools, cordless tools, marine equipment, agricultural machinery, industrial automation systems, aviation, military & defense, civil infrastructure, and the oil and gas sector. The versatility of Li-ion batteries, combined with their ability to deliver consistent power across diverse conditions, makes them ideal for these industries. Their use in such a broad range of applications is projected to further boost market demand as industries seek reliable and efficient energy solutions that can support both heavy-duty equipment and everyday electronic devices.
In summary, the lithium-ion battery market is poised for rapid growth across multiple sectors. The automotive and consumer electronics segments, in particular, are driving demand, supported by governmental policies, environmental concerns, and technological advancements. The expansion into applications like energy storage and industrial machinery further underscores the adaptability and efficiency of Li-ion batteries, positioning them as a critical component of future energy solutions across the globe.
Order a free sample PDF of the Lithium-ion Battery Market Intelligence Study, published by Grand View Research.
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Lithium-ion Battery Industry Strategies With Forecast Till 2030
In 2023, the global lithium-ion (Li-ion) battery market was estimated to be worth USD 54.4 billion and is projected to grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030. This growth is largely driven by rising demand for electric vehicles (EVs), supported by the cost-effectiveness and energy efficiency of Li-ion batteries. The automotive sector, in particular, is expected to see significant expansion due to the increasing global registration of EVs, as more consumers seek cleaner and more sustainable transport options. In the United States, the largest North American market for Li-ion batteries in 2023, federal policies and the presence of key industry players are anticipated to drive further product demand. Government policies, such as tax incentives for EV purchases under the American Recovery and Reinvestment Act of 2009, as well as fuel efficiency standards introduced by the Corporate Average Fuel Economy (CAFE) regulations, have accelerated the shift towards electric drive technologies in both passenger cars and light commercial vehicles (LCVs).
In addition to the automotive sector, the demand for Li-ion batteries in consumer electronics is also driving market growth. As consumers seek more durable and energy-efficient devices, lithium-ion batteries are becoming a preferred choice for smartphones, tablets, and other electronics due to their long lifespan and high performance. The demand for EVs is similarly bolstered by growing awareness of carbon emissions and the environmental impact of traditional gasoline-powered vehicles, which motivates consumers to adopt cleaner alternatives. This trend is supported by regulatory pressures on lead-acid batteries due to environmental concerns. Specifically, regulations set by the Environmental Protection Agency (EPA) aim to reduce lead contamination and govern the storage, disposal, and recycling of lead-acid batteries, prompting a shift towards safer Li-ion battery solutions for automotive applications.
Gather more insights about the market drivers, restrains and growth of the Lithium-ion Battery Market
Mexico has also emerged as a strategic center for the global automotive industry, attracting investments from companies worldwide due to its large automotive production capacity. As the fourth-largest exporter of vehicles globally, following Germany, Japan, and South Korea, Mexico's automotive production is expected to further stimulate demand for lithium-ion batteries in the region. However, the market faced challenges during the COVID-19 pandemic. Battery providers had to adapt by reducing operational costs due to lower demand and by managing disruptions in the supply of spare parts caused by reduced manufacturing activity and logistical issues. To maintain service quality for clients with long-term contracts, suppliers turned to digital tools and implemented strict health and safety measures, including social distancing and personal protective equipment, to ensure safe on-site maintenance and repair services where necessary.
Application Segmentation Insights:
The Li-ion battery market is categorized into several application segments: automotive, consumer electronics, industrial, medical devices, and energy storage systems. In 2023, the consumer electronics segment led the market, accounting for over 31% of total revenue. Portable lithium-ion batteries are widely used in consumer electronics due to their compact size, high energy density, and rechargeability. They are incorporated into various devices, including mobile phones, laptops, tablets, LED lighting, digital cameras, wristwatches, hearing aids, and other wearable gadgets. This high demand for portable devices has positioned the consumer electronics segment as a dominant sector in the market.
The electric and hybrid EV market is anticipated to be the fastest-growing application segment over the forecast period. Rising fossil fuel prices and increased awareness of the environmental benefits of battery-operated vehicles are expected to drive this growth, especially in emerging markets across Asia-Pacific, Europe, and North America. Moreover, Li-ion batteries are widely utilized for backup power solutions in commercial settings, such as data centers, office buildings, and institutions. In residential applications, Li-ion batteries are becoming popular for energy storage in solar photovoltaic (PV) systems, enhancing the growth potential of the energy storage segment.
Li-ion batteries are also gaining traction in various industrial applications. They are commonly used in power tools, cordless tools, marine equipment, agricultural machinery, industrial automation systems, aviation, military & defense, civil infrastructure, and the oil and gas sector. The versatility of Li-ion batteries, combined with their ability to deliver consistent power across diverse conditions, makes them ideal for these industries. Their use in such a broad range of applications is projected to further boost market demand as industries seek reliable and efficient energy solutions that can support both heavy-duty equipment and everyday electronic devices.
In summary, the lithium-ion battery market is poised for rapid growth across multiple sectors. The automotive and consumer electronics segments, in particular, are driving demand, supported by governmental policies, environmental concerns, and technological advancements. The expansion into applications like energy storage and industrial machinery further underscores the adaptability and efficiency of Li-ion batteries, positioning them as a critical component of future energy solutions across the globe.
Order a free sample PDF of the Lithium-ion Battery Market Intelligence Study, published by Grand View Research.
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Aviation Lubricant Market — Forecast(2024–2030)
Aviation Lubricant Market Overview
Aviation Lubricants are the chemical compounds that provide a fluid barrier between various parts of an aircraft and are used as engine oil, hydraulic fluid, piston engine oil and grease, etc. in aircraft. Hence, these lubricants are either mineral-based which is derived from crude oil, or synthetic-based derived from petroleum, but the most common lubricants used in aircraft are calcium sulfonate and perfluoropolyether which are both synthetic based. Hence drivers for the aviation lubricant market include an increase in the volume of air passenger traffic, an increase in the number of air fleets by airlines, increase in usage of effective aircraft engines such as turbofans engine. However, the major challenge in the aviation lubricant market is that, as the aviation lubricants are derived from crude oil, hence the fluctuating price of crude oil disrupts the manufacturing of lubricants. Hence such disruptions caused by price fluctuation have hampered the growth of the aviation lubricant industry.
As sustainability gains prominence, the aviation lubricant market is witnessing a notable shift towards bio-based lubricants. Manufacturers are increasingly investing in research and development to formulate lubricants derived from renewable resources, reducing environmental impact and meeting stringent regulatory requirements. The aviation lubricant market is experiencing a surge in demand for advanced synthetic lubricants. These high-performance formulations offer superior stability, thermal resistance, and extended service intervals, contributing to enhanced aircraft efficiency and reduced maintenance costs.
COVID-19 Impact
COVID-19 pandemic had negatively impacted the aviation lubricant market on a global level, as the restrictions and lockdown imposed by governments all across the globe caused a shortage of labor, decrease in the supply of spare parts due to import-exports restriction, and shutdown of various production plants. Hence all this hampered the productivity of the aerospace sector and reduced the demand for new aircraft. For instance, as per the 2021 report of the General Aviation Manufacturers Association, the Global business jet deliveries declined 20.4% to 644 aircraft in 2020 due to the COVID-19 pandemic. As per the 2021 finance report of Boeing, the company saw 40% less funding towards new aircraft deliveries in 2020 compared to 2019, and also the company reduced production of aircrafts 787s & 777s while halting production of 737max. Reduction in the demand and production of new aircraft and halting of maintenance work due to labor shortage reduced the demand for lubricants like grease, engine oil, hydraulic fluids that are used in such aircraft. Hence such reductions in demand negatively impacted the growth of the aviation lubricant industry. However, the industry slowly recovered from the pandemic through government support, debt sales, and cost reduction actions.
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Report Coverage
The report: “Aviation Lubricant Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Aviation Lubricant Industry.
By Product Type — Grease, Hydraulic fluid, Engine Oil, Turbine Oil, Cum Pressure Oil, Special Lubricant & Additives, Others
By Lubricant Type — Synthetic, Mineral based
By Aviation Type — Commercial, Military, General, Helicopter, Others
By Application Type — Hydraulic system, Engine, Landing gear, Airframe, others
By End User — Original Equipment Manufacturer (Engine cases, Combustor Components, Bearing Housing, Vanes, Manifold, Shaft nuts & gears, Others), Maintenance Repair Overhaul (Rotating components, Stationary seals, Frame & Casings)
By Geography — North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Rest of the World (Middle East, Africa).
Key Takeaways
• Investments in new-generation aircraft especially in the commercial aircraft segment are continuously growing especially in developing markets such as India. Hence with such an increase in investments in aircraft, the demand for lubricants to be used in them will also increase.
• Liquid lubricant is pumped throughout the engine to the parts that require lubrication and reduction of friction during engine performance increase the potential power output. Hence due to reason lubricants have high applicability in aircraft engines.
• North America dominates the aviation lubricant market as the region has U.S and Canada is one of the major aircraft manufacturing countries showing a significant increase in their air commute, new orders for aircraft and components.
Aviation Lubricant Market Segment — By Product
Engine oil held the largest share in the aviation lubricant market in 2023, with a share of over 40%. This owns to factors like high consumption of engine oil during the flight hours as they can be circulated readily and when engine parts are in constant friction the engine oil lubricates them and prevents wear & tear of parts. The increasing usage of advanced engines like turbofan engines in aircraft has positively impacted the demand for engine oil in them. For instance, in July 2023, the deal for LEAP engines, which will power Air India’s future fleet of 210 Airbus A320/A321neos and 190 Boeing 737 MAX family aircraft, has been finalized by Air India and CFM International. A multi-year services agreement covering the airline’s whole fleet of LEAP engines was also signed by both businesses. Hence with the usage of such advanced engines, the demand for efficient engine oil like synthetic-based oil that would enable these engines to function well at high temperatures will also increase. Such an increase in engine oil usage will create more demand for aviation lubricants, thereby positively impacting the growth of the aviation lubricant industry.
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Aviation Lubricant Market Segment — By Lubricant Type
Synthetic lubricant held the largest share in the aviation lubricant market in 2023, with a share of over 35%. This owns to factors like synthetic lubricants like perfluoropolyether and calcium sulfonate provides good thermal-oxidative stability, good deposit control capability and due to low volatility provides superior performance. Hence synthetic lubricants enable jet engines to operate at high temperatures. With the airline companies increasing their aircraft strength to meet the increasing traveling scale of air passengers, hence the necessary amount of lubrication would be required to keep such aircraft in working condition. For instance, in February 2023, the most anticipated airplane of the upcoming years is without a doubt the Airbus A321XLR. With an early 2024 aim for entering service, the European behemoth is presently awaiting certification for the narrowbody. With over 550 orders placed by 26 clients, the XLR is still very popular even though the pandemic threatens to slow things down. Hence with such an increase in the demand for aircraft from major airline companies the demand for high-performance synthetic lubricants like perfluoropolyether will also increase.
Aviation Lubricant Market Segment — By Aviation Type
Commercial aviation held the largest share in the aviation lubricant market in 2023, with a share of over 45%. This owns to factors like increase in the production rate of heavy aircraft commercial airliners in major aircraft manufacturers like Airbus, Raytheon Technologies, United Aircraft Corporation, Boeing, etc. owing to an increase in domestic and international traveling volume, especially in emerging economies like India. For instance, in January 2023, Airbus SE recorded 1,078 gross new orders in 2022 and delivered 661 commercial aircraft to 84 customers. By December 2022, Airbus had 7,239 aircraft on backorder. Hence with the increase in the demand for a commercial airliner, the demand for effective lubricants like calcium sulfonate which is used in engine oil, transmission fluids, gear oil, etc. will also increase. thereby showing a positive impact on the aviation lubricant market.
Aviation Lubricant Market Segment — By Application
The engine held the largest share in the aviation lubricant market in 2023, with a share of over 35%. With commercial air transport rapidly developing in various emerging markets like China, India, etc. the demand for new and efficient aircraft models has increased. Hence this has raised the demand for an efficient engine like turbo engines that would be used in these aircraft. For instance, in July 2023, Air India recently finalized orders with the engine manufacturer for over 800 LEAP engines to power its new fleet of 210 Airbus A320neo/A321neo and 190 Boeing 737 MAX family jetliners, strengthening CFM International’s market position in India. Hence as the usage of advanced LEAP engines increases, the demand for lubricants like engine oil and grease will also increase, thereby increasing the demand for the aviation lubricant market in this segment of the application.
Aviation Lubricant Market Segment — By End User
Maintenance repair overhaul held the largest share in the aviation lubricant market in 2023, with a share of over 40%. The maintenance work consists of base maintenance, line maintenance, and different level checks which an aircraft goes through during its lifetime. To ensure that the aircraft flies efficiently without facing any issues, maintenance work is considered a necessary step. Hence this has led to the creation of agreements between aircraft companies and manufacturers. For instance, in October 2023, Cyprus Airways has chosen Airbus’ Flight Hour Services (FHS) to support their A220 Family aircraft, making Airbus the third European FHS customer for an A220 fleet and the sixth FHS contract for an A220 globally, the company revealed. Hence as the maintenance contract of such major aircraft manufacturers increases, this would lead to an increase in usage of lubricants used during the maintenance work. Hence such an increase in usage will positively impact demand for aviation lubricants in such aircraft manufacturers.
Aviation Lubricant Market Segment — By Geography
North America held the largest share in the aviation lubricant market in 2023, with a share of over 30%. This owns to factor like the region being a hub for major aircraft manufacturing companies like Boeing, Embraer in U.S and Bombardier in Canada, and also the region consists one of the largest shares of the world domestics passengers. For instance, in September 2023. As per Airports Council International, It is projected that the North American region will have 2.0 billion passengers by the end of 2023, or 99.8% of the 2019 level, which is close to the 2019 level. Despite the fact that domestic travel drove the region’s robust rebound in 2021 and 2022. Hence with a growing number of airline passengers, the demand for more aircraft especially commercial aircraft has increased which has positively impacted the demand for aviation lubricants in the U.S and Canadian aviation market.
Aviation Lubricant Market Drivers
Increase in volume of aircraft production
Hence with the increase in demand for defense & commercial aircraft and their components in regions like Europe & North America has led to an increase in the production volume of major aircraft manufacturers like Airbus & Boeing. For instance, in February 2023, the ramp-up trajectory for the A320 Family program has been modified in collaboration with suppliers. Moreover, the company is currently working toward producing 65 aircraft per month by the end of 2024 and 75 aircraft per month by the end of 2026. As anticipated, the monthly manufacturing rate of A330 reached about 3 by the end of 2022, and the company is now aiming for rate 4 by 2024. There are currently six airplanes every month for the A350. After a feasibility analysis with the supply chain and in order to fulfill the increasing demand for widebody aircraft as international air travel recovers, the company is now aiming for a monthly production rate of nine A350s by the end of 2025. Hence with such an increase in the production of major aircraft manufacturers, the aviation lubricant like perfluoropolyether to be used in them would also increase thereby positively impacting the aviation lubricant industry in terms of lubricant demands.
Increase in usage of turbofan engines
Modern engines in terms of reliability and efficiency depend directly on the effectiveness of the lubricating system. lubrication is responsible for cooling internal parts of the engine which are acting relative to each other creating friction and heat which results in overheating. The introduction of advanced turbofans engines by major aircraft engine manufacturers like CFM International, Pratt & Whitney, Rolls Royce, etc. has increased their demand by airline companies for their aircraft. For instance, in September 2022, Williams’ turbofan engine fleet, which includes about 7,000 FJ44 and FJ33 engines, has accumulated more than 18 million flying hours. The engines are installed on a range of airframes, including the Cessna CJ series, Beechcraft Premier, Cirrus SF50, and Nextant reconditioned light jets. Hence the increase in demand for such advanced turbofan engines has positively impacted the demand for aviation lubricants such as calcium sulfonate which would be used as grease, hydraulic fluids in such engines.
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Aviation Lubricant Market Challenges
The fluctuating price of crude oil
Lubricant oil is extracted from crude oil after going through a series of processes like sedimentation, fractioning, hence the lube oil collected after these processes is mixed with additives to create base oil which is used in the manufacturing of aviation lubricants like engine oil, piston oil, etc. Hence the price of crude oil keeps fluctuating due to geopolitical, whether or supply chain mishap reasons which disrupt the flow of crude oil to markets. Such disruption leads to irregular production of lubricants thereby causing a misbalance between demand and supply of lubricants. As per the U.S. Energy Information Administration, In 2023, the average price of Brent crude oil was $83 per barrel (b), a $19/b difference after rounding. In 2022, the price was $101/b. With Russia’s crude oil finding homes outside of the EU, global markets adjusted to the new trade dynamics, and demand for crude oil fell short of projections worldwide. Such a decrease in crude oil demand reduced the lubricant output for aircraft thereby negatively impacting the aviation lubricant market.
Aviation Lubricant Industry Outlook
The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. Aviation Lubricant’s top 10 companies include:
1. Total Group
2. Exxon Mobil Corporation
3. Royal Dutch Shell Plc.
4. Eastman Chemical Company
5. The Chemours Company
6. The Phillips 66 Company
7. NYCO
8. Lukoil
9. Aerospace Lubricant Inc
10. Nye Lubricants
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Gas Turbine Services Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis
"Global Gas Turbine Services Market – Industry Trends and Forecast to 2028
Global Gas Turbine Services Market, By Type (Heavy Duty, Industrial and Aero-Derivative), Capacity Outlook (<100 MW, 100 to 200 MW and >200 MW), Services (Maintenance, Repair, Spare Parts Supply and Overhaul), End User (Power Generation, Oil & Gas and Other Industrial), Service Provider (OEM, and NON-OEM), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Access Full 350 Pages PDF Report @
**Segments**
- **Service Type**: The gas turbine services market can be segmented based on the type of services offered which include maintenance, repair, overhaul, and installation services. Maintenance services involve routine checks and inspections to ensure the optimal performance of gas turbines. Repair services focus on fixing issues and replacing faulty components to maintain operational efficiency. Overhaul services involve a comprehensive inspection and refurbishment of gas turbine components to extend their lifespan. Installation services are offered during the setup of new gas turbines or the relocation of existing ones.
- **Turbine Capacity**: Another key segmentation factor is based on the turbine capacity, which includes classifications such as heavy-duty turbines and aeroderivative turbines. Heavy-duty turbines are designed for industrial applications requiring higher power outputs and longer operational durations. Aeroderivative turbines, on the other hand, are derived from aircraft engines and are more compact and suitable for decentralized power generation applications.
- **End-User Industry**: The gas turbine services market can also be segmented by end-user industry, with major sectors including power generation, oil & gas, aerospace, marine, and others. The power generation sector is a significant consumer of gas turbine services due to the widespread use of gas turbines in electricity production. The oil & gas industry utilizes gas turbines for various applications such as compressor stations and offshore platforms. The aerospace and marine sectors also rely on gas turbines for propulsion and power generation.
**Market Players**
- **General Electric Company**: As a leading player in the gas turbine services market, General Electric Company offers a comprehensive range of maintenance, repair, and overhaul services for gas turbines used in various industries. The company's expertise in turbine technology and diagnostics has positioned it as a top choice for customers seeking reliable service solutions.
- **Siemens AG**: Siemens AG is another prominent market player known for its advanced gas turbine services that focus on enhancing performance and efficiency. The company's service offerings include predictive maintenance, remote monitoring, and digital solutions aimed at optimizing turbine operations and reducing downtime.
- **MitsThe gas turbine services market is witnessing significant growth and evolution driven by the increasing demand for efficient and reliable energy solutions across various industries. One of the key trends shaping the market is the rising focus on predictive maintenance and digital solutions to optimize turbine performance and reduce operational downtime. Market players such as General Electric Company, Siemens AG, and Mitsubishi Hitachi Power Systems are at the forefront of developing innovative service offerings to meet the evolving needs of customers in the gas turbine services sector.
In recent years, there has been a notable shift towards a more proactive approach to maintenance, with a growing emphasis on predictive analytics and remote monitoring technologies. These advanced solutions enable operators to monitor the health and performance of gas turbines in real-time, allowing for early detection of potential issues and efficient maintenance planning. By leveraging data analytics and digital tools, service providers can offer customized maintenance schedules and recommendations to enhance turbine efficiency and reliability.
Another key trend driving the gas turbine services market is the increasing adoption of eco-friendly and sustainable practices in energy production. As the focus on reducing carbon emissions and environmental impact intensifies, there is a growing demand for retrofitting existing gas turbines with advanced technologies to improve efficiency and lower emissions. Market players are investing in research and development initiatives to develop cleaner and more efficient combustion technologies, as well as offering retrofit solutions to help customers meet stringent environmental regulations.
Furthermore, the market is witnessing a shift towards integrated service offerings that encompass not only maintenance and repair services but also consultancy, training, and spare parts supply. Customers are increasingly looking for comprehensive service solutions that address their specific needs and challenges, driving market players to expand their service portfolios and enhance their value propositions. By offering integrated service packages, companies can build long-term relationships with customers and create additional revenue streams in the highly competitive gas turbine services market.
Overall, the gas turbine services market is poised for continued growth and innovation as industry players continue to invest in technology development, predictive maintenance solutions, and sustainable practices. With the increasing demand for efficient and reliable energy solutions across sectors such**Segments:**
- **Service Type**: - Maintenance - Repair - Overhaul - Installation services
- **Turbine Capacity**: - Heavy-duty turbines - Aeroderivative turbines
- **End-User Industry**: - Power generation - Oil & gas - Aerospace - Marine
**Global Gas Turbine Services Market**:
The global gas turbine services market is experiencing growth fueled by the demand for efficient energy solutions across various industries. Market players like General Electric Company, Siemens AG, and Mitsubishi Hitachi Power Systems are innovating service offerings to meet evolving customer needs. A key trend is the shift towards predictive maintenance and digital solutions for optimizing turbine performance and reducing downtime. The focus on eco-friendly practices is driving the adoption of advanced technologies to enhance efficiency and lower emissions in gas turbines.
The market is witnessing a proactive maintenance approach with the use of predictive analytics and remote monitoring to detect issues early and plan maintenance efficiently. Market players are investing in developing cleaner combustion technologies and offering retrofit solutions to align with stringent environmental regulations. Integrated service offerings are gaining traction, encompassing maintenance, repair, consultancy, training, and spare parts supply to provide comprehensive solutions for customers. This trend helps in building lasting customer relationships and creating additional revenue streams.
Overall, the gas turbine services market is set for growth as companies invest in technology development, predictive maintenance, and sustainability practices. The market outlook is positive as the demand for reliable energy
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Gas Turbine Services Market
Chapter 3: Regional analysis of the Global Gas Turbine Services Market industry
Chapter 4: Gas Turbine Services Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key Questions Answered with this Study
1) What makes Gas Turbine Services Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Gas Turbine Services Market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Gas Turbine Servicesin next few years?
8) What is the impact analysis of various factors in the Global Gas Turbine Services Market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Gas Turbine Services Market?
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Lithium-ion Battery Market - Changing Supply and Demand Scenarios By 2030
Lithium-ion Battery Industry Overview
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a compound annual growth rate (CAGR) of 20.3% from 2024 to 2030.
Automotive sector is expected to witness significant growth owing to the low cost of lithium-ion batteries. Global registration of electric vehicles (EVs) is anticipated to increase significantly over the forecast period. The U.S. emerged as the largest market in North America in 2023. Increasing EV sales in the country owing to supportive federal policies coupled with the presence of several players in the U.S. market are expected to drive product demand. Federal policies include the American Recovery and Reinvestment Act of 2009, which established tax credits for purchasing electric vehicles.
Gather more insights about the market drivers, restrains and growth of the Lithium-ion Battery Market
New Corporate Average Fuel Economy (CAFE) standards mandated fuel economy standards for passenger cars and Light Commercial Vehicles (LCVs) resulting in the expansion of electric drive technologies. Increasing product demand in smartphones owing to their extended shelf life and enhanced efficiency is expected to drive market growth. The increasing demand for EVs owing to growing consumer awareness about carbon emissions is expected to fuel market growth. A decline in the demand for lead-acid batteries, owing to EPA regulations on lead contamination and resulting environmental hazards coupled with regulations on lead-acid battery storage, disposal, and recycling, has led to an increase in the demand for Li-ion batteries in automobiles. Mexico has been a center of the global automotive industry as companies worldwide are eyeing to invest here.
Mexico is the fourth-largest exporter in automotive industry, after Germany, Japan, and South Korea. Growing automobile production in the country is anticipated to drive product demand. The COVID-19 pandemic has been a major restraint to market growth owing to several factors including reduced operational cost by end-users, coupled with disruption in the availability of spare parts due to sluggish manufacturing activities and logistics issues. Battery providers have taken subsequent steps to ensure efficient services to end-users that have signed long-term contracts with them. Vendors are opting for digital tools and are following prescribed preventative measures including social distancing norms and the use of protective kits in case of an on-site inspection and repair services required by end-users on a case-to-case basis.
Lithium-ion Battery Market Segmentation
Grand View Research has segmented the global lithium-ion battery market report based on product, application and region:
Product Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)
Lithium Cobalt Oxide (LCO)
Lithium Iron Phosphate (LFP)
Lithium Nickel Cobalt Aluminum Oxide (NCA)
Lithium Manganese Oxide (LMO)
Lithium Titanate
Lithium Nickel Manganese Cobalt (LMC)
Application Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)
Automotive
Consumer Electronics
Industrial
Energy Storage Systems
Medical Devices
Regional Outlook (Volume, GWh; Revenue, USD Billion, 2018 - 2030)
North America
US
Canada
Mexico
Europe
Russia
Spain
France
UK
Germany
Italy
Asia Pacific
China
India
Japan
South Korea
Australia
Central & South America
Brazil
Paraguay
Columbia
Middle East & Africa
South Africa
UAE
Egypt
Saudi Arabia
Browse through Grand View Research's Conventional Energy Industry Research Reports.
The global shore power market size was estimated at USD 2.0 billion in 2023 and is expected to grow at a CAGR of 10.4% from 2024 to 2030.
The global gas turbine market size was estimated at USD 10.19 billion in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2030.
Key Companies & Market Share Insights
The industry is extremely competitive with key participants involved in R&D and constant product innovation. Key manufactures include Samsung, BYD, LG Chem, Johnson Controls, Exide, and Saft. Several companies are engaged in new product development to improve their global market share. For instance, BYD and Panasonic hold a strong position on account of its increased manufacturing capacities and large distribution network.
Key Lithium-ion Battery Companies:
BYD Co., Ltd.
A123 Systems LLC
Hitachi, Ltd.
Johnson Controls
LG Chem
Panasonic Corp.
Saft
Samsung SDI Co., Ltd.
Toshiba Corp.
GS Yuasa International Ltd.
Order a free sample PDF of the Lithium-ion Battery Market Intelligence Study, published by Grand View Research.
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Track Laying Equipment Market Insights and Trends to 2024-2032
The Reports and Insights, a leading market research company, has recently releases report titled “Track Laying Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Track Laying Equipment Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Track Laying Equipment Market?
The global track laying equipment market size reached US$ 479.8 million in 2023. Looking forward, Reports and Insights expects the market to reach US$ 776.8 million in 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032.
What are Track Laying Equipment?
Track laying equipment encompasses specialized machinery used for the construction and maintenance of railway tracks. This equipment facilitates tasks such as placing, aligning, and securing railway sleepers (ties) and rails to ensure the track is stable and correctly positioned. Essential types of track laying equipment include rail cranes, track-laying machines, and ballast regulators, which work in coordination to enhance precision and efficiency in railway construction and repairs. These tools are vital for maintaining the safety, performance, and durability of rail networks.
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What are the growth prospects and trends in the Track Laying Equipment industry?
The track laying equipment market growth is driven by various factors and trends. The track laying equipment market is experiencing steady growth, driven by the rising demand for efficient and accurate railway construction and maintenance. This growth is supported by advancements in technology that enhance the speed and precision of track installation. Key factors contributing to the market expansion include the development of new rail networks, the upgrading of existing tracks, and the increasing use of automated and high-performance machinery. Additionally, government investments in transportation infrastructure and efforts to improve rail system reliability and safety are further fueling market growth. Hence, all these factors contribute to track laying equipment market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Equipment Type:
Track Laying Machines
Tamping Machines
Ballast Regulators
Ballast Cleaning Machines
Track Renewal Machines
Others
By Application:
New Track Construction
Track Maintenance and Rehabilitation
By End-User:
Railway Infrastructure Companies
Contractors and Construction Companies
Government Organizations
Others
By Track Type:
High-Speed Tracks
Conventional Tracks
Urban Transit Tracks
By Propulsion Type:
Diesel-Powered
Electric-Powered
Hybrid-Powered
By Automation Level:
Manual
Semi-Automated
Fully Automated
By Component:
Engines and Power Systems
Control Systems
Track Laying Attachments
Hoppers and Dumpers
Sensors and Measurement Systems
Others
By Sales Channel:
Direct Sales
Distributors/Dealers
Online Retailers
By Ownership:
Public Ownership
Private Ownership
By Project Type:
Greenfield Projects
Brownfield Projects
By Capacity:
Small (< 5 tons)
Medium (5 - 10 tons)
Large (> 10 tons)
By Mode of Operation:
Self-Propelled
Towed/Trailer-Mounted
By Technology:
GPS and Navigation Systems
Remote Control Systems
Telematics and Data Analytics
By After-Sales Services:
Maintenance and Repair
Spare Parts and Component Supply
Segmentation By Region:
North America:
United States
Canada
Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX
NORDIC
Rest of Europe
Asia Pacific:
China
India
Japan
South Korea
Australia
New Zealand
ASEAN
Rest of Asia Pacific
Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Caterpillar Inc.
Komatsu Ltd.
Liebherr Group
Hitachi Construction Machinery Co., Ltd.
Volvo Construction Equipment
CNH Industrial N.V.
Hyundai Construction Equipment Co., Ltd.
JCB Ltd.
Terex Corporation
Doosan Infracore Co., Ltd.
Sany Group Co., Ltd.
XCMG Group
Zoomlion Heavy Industry Science and Technology Co., Ltd.
Atlas Copco AB
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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#Track Laying Equipment Market share#Track Laying Equipment Market size#Track Laying Equipment Market trends
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Monforts automation reinvigorates Pincroft line
As a specialist in dyeing, printing and finishing very well known for its advanced camouflage ranges for the military, long-standing Monforts customer Pincroft is now benefiting from a complete modernisation of the Thermex continuous dyeing, condensing and thermosoling range at its Adlington dyehouse in Lancashire, UK.
First installed in 2007, the line has been upgraded to match the performance of the very latest Monforts Thermex lines that are equipped with advanced automation features providing machine operators with full control over the entire system.
The modernisation project included new control cabinets, gear motors for the fabric transport drives and PC, PLC control, touch panels and frequency inverters.
The new control cabinets were supplied fully pre-assembled from the Monforts HQ in Mönchengladbach, Germany, for direct connection to the line.
In addition, Pincroft has installed a new combined heat and power (CHP) plant at the site and is now able to produce 67% of its own electricity and recover heat for use across its textile operations.
Know-how
With over 130 years of accumulated know-how in the bleaching, dyeing, printing and finishing of fabrics, Pincroft has an annual production capacity of 50 million metres.
Its meticulous pre-treatment processes, including brushing, singeing, desizing, scouring, bleaching, and mercerising, ensure that fabrics are primed for dyeing and printing, enhancing their quality and performance.
Drawing on a vast knowledge in commission textile dyeing, eco-friendly dyeing methods and advanced lines ensure precise and consistent colour shades meeting the most challenging fabric requirements and as a specialist in bespoke commission printing, services span everything from camouflage printing for global military forces to designs for home and workwear.
Mechanical and chemical finishing services can further transform textiles and enhance their inherent properties and the company is Europe’s leader in flame retardant fabric treatments, with its Proban® treated textiles ensuring ultimate protection with outstanding comfort, appearance and durability.
After joining forces with Carrington Textiles in 1998, the company has been an integral part of one of the largest suppliers of workwear, flame retardant, waterproof, defence and sustainable fabrics to some of the biggest companies and organisations in the world.
Since then, export business has significantly expanded to over 80 countries and the two companies enjoy a particularly strong position in the supply of camouflage and uniform materials to armed forces around the world, including the UK and Dutch Ministries of Defence, as well as the Finnish and Estonian armies.
Reliability
The upgraded Thermex system at Pincroft’s Adlington plant now achieves unrivalled reliability even at maximum fabric speeds, for exceptional cost-effectiveness when dyeing both large and small batches of woven fabrics.
“Our machines are built to last and known for their robustness and long service life,” says Monforts Area Sales Manager and Head of Spare Parts and Retrofits Achim Gesser. “Textile companies making major capital investments in new manufacturing lines rely on durability from the company’s production ranges, and it’s for this reason that there are currently an estimated 2,000 Monforts machines in operation worldwide – some of which were first installed over 30 years ago.
“This doesn’t mean, however, that they can’t benefit from many of the advances in performance and automation we have subsequently made. The retrofitting of specific modules with new control and drive technology – going far beyond the basic replacement of spare parts – can have a significant impact on the performance of an existing line and especially maximizing energy savings.”
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Fleet Management Software Market Latest Innovations, Drivers and Industry Status 2023 to 2030
The global Fleet Management Software Market was estimated at USD 15.86 Million in 2021 and is projected to reach USD 32.49 Million by 2028, growing at a CAGR of 12.7% over the analysis period.
Advanced GPS tracking features allow fleet managers to monitor vehicle location in real-time, optimize routes, and improve fuel efficiency. This aspect of fleet management software helps in scheduling regular maintenance tasks, managing repairs, and keeping track of vehicle inspections to ensure compliance with safety regulations. Fuel is a significant operational cost for fleet-based businesses. Fleet management software helps in monitoring fuel consumption, identifying inefficiencies, and implementing strategies to reduce fuel expenses. Efficient driver management features include driver performance monitoring, behavior analysis, and training modules to enhance safety and compliance. Some fleet management software solutions offer inventory management capabilities, enabling businesses to track and manage assets, spare parts, and supplies effectively.
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Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Leading players involved in the Fleet Management Software Market include:
MiX Telematics, Fleetilla LLC, GPS Insight, Lytx Inc, FleetMatics, Fleetmatics Group PLC, LiveViewGPS, ManagerPlus, Azuga Inc, Melton Technologies Inc, Geotab, Prova Systems LLC, Rarestep, Inc., Other Major Players
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
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Segmentation of Fleet Management Software Market:
By Deployment Type
Cloud
On-Premises
By Fleet Type
Commercial
Passenger Cars
By End Users
Manufacturing
IT & Telecom
Retail
Logistics
Others
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
What to Expect in Our Report?
(1) A complete section of the Fleet Management Software market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Fleet Management Software market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Fleet Management Software market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Fleet Management Software market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Fleet Management Software Market report.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
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#Fleet Management Software#Fleet Management Software Market#Fleet Management Software Market Size#Fleet Management Software Market Share#Fleet Management Software Market Growth#Fleet Management Software Market Trend#Fleet Management Software Market segment#Fleet Management Software Market Opportunity#Fleet Management Software Market Analysis 2023
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Rheinmetall to Supply Ukraine with Leopard 1A5 Tanks on Behalf of German Government
The Ukrainian government has awarded Rheinmetall a contract for Leopard 1 systems, including 25 main battle tanks Leopard 1A5, five Bergepanzer 2 armoured recovery vehicles and two driver training tanks. The order, financed by Germany and worth a figure in the upper-two-digit million-euro range, also includes training, logistics, spare parts, maintenance and other support services. Delivery is due to take place in 2024. The Leopard 1 main battle tanks are currently being overhauled and readied for use at Rheinmetall’s plants in Unterlüß and Kassel. Rheinmetall thus continues to support Ukraine with a steady flow of tactical vehicles. Originally, Rheinmetall intended to purchase Leopard 1 tanks from the Swiss defense company Ruag to provide them to Ukraine. However, due to Switzerland’s neutrality laws, no export permit was granted, prompting Rheinmetall to explore alternative sources. The company has acquired 50 Leopard 1A5 tanks from the Belgian company OIP Land Systems, as reported by Handelsblatt from industry sources. The main battle tanks will now be retrofitted at the German locations of the Düsseldorf-based corporation for use in Ukraine. Ultimately, around 30 units of the 50 combat tanks will be delivered to Ukraine.
The Ukrainian government has awarded Rheinmetall a contract for Leopard 1 systems, including 25 main battle tanks Leopard 1A5, five Bergepanzer 2 armoured recovery vehicles and two driver training tanks. The order, financed by Germany and worth a figure in the upper-two-digit million-euro range, also includes training, logistics, spare parts, maintenance and other support services. Delivery is…
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Automotive Logistics Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand
Latest released the research study on Global Automotive Logistics Market, offers a detailed overview of the factors influencing the global business scope. Automotive Logistics 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 Automotive Logistics The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are APL Logistics (Singapore), BLG Logistics (Germany), CEVA Logistics (Switzerland), DB Schenker (Germany), DHL Supply Chain (Germany), Gefco (France), Kerry Logistics Network (Hong Kong), Kuehne + Nagel (Switzerland), Penske Logistics (Penske Truck Leasing) (United States), Ryder System (United States),
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Automotive Logistics Market Definition:
Automotive logistics is process of transportation of automotive component, vehicles, and spare parts. There is two type of automotive logistics including vehicles components and finished vehicle. Automotive logistics are done by different transportation mode including road, rail, sea and air. Rising production of vehicles will help to expand global automotive logistics market.
Market Drivers:
Growth in the Automotive Industry
Rising Production of Vehicles
Market Opportunities:
Technological Advancement in Automotive Logistics
Market Trend:
Digitalization of Transport and Logistics
Increasing Visibility across the Supply Chain
The Global Automotive Logistics Market segments and Market Data Break Down are illuminated below:
by Type (Vehicles Components, Finished Vehicle), Application (Supply Business, Distribution Business, Other), Transportation Mode (Road, Rail, Sea, Air)
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 Automotive Logistics Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Logistics market
Chapter 2: Exclusive Summary – the basic information of the Automotive Logistics Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Automotive Logistics
Chapter 4: Presenting the Automotive Logistics 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 Automotive Logistics 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, Automotive Logistics 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 Automotive Logistics 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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Buy || Shop || Sell || Order || Inquire || Wholesale & Retail Sales || Quantity, Quality & Genuine Products || New Parts & products || Contacts & Importers Business Connections || Advertise and Promote Your Business, Services & Events || Online Sales & Fast Delivery Service || Urgent Supply Service || VIP Supply Service || Company and Organizations Supply Service || Advisory Service (Whatsapp:+2348030702090) IMPORTERS AND MANUFACTURERS BUSINESS CONNECTIONS SERVICE (Manufacturers Products Marketing, Advertisement, Distribution, Company Representative and services) We connect Manufacturers with big Importers and Major Suppliers together for business through our business connections service offer to Manufacturers. All the Manufacturers need to do is to tell us the type, class & numbers of Importers(Customers) he want from Nigeria to buy his goods and services and to establish trade link with. Let Chat on Whatsapp : +2348030702090. ASPMDA AUTO MARKET, LAGOS, NIGERIA, AFRICA "Auto Spare Parts and Machinery Dealers Association" (ASPMDA). Lagos International Trade Fair Complex,Center of Commerce, Africa Auto Main Market. Shop/Office: BR1, Office 1, Jesus Christ is our Lord Plaza(Asuzu Plaza), opposite Exodus Block, ASPMDA Auto Market main gate,Lagos, Nigeria, Africa, [email protected] #ASPMDA #Auto #Market #vehicle #parts #machinery #lubricants #battery #oil #engine #motorcycle #threewheellers #generator #car #truck #bus #van #tools #equipment #hardware #AUTOMECHANIKADUBAI #automotive #Automobile #Importers #Manufacturers #China #Europe #America #London #Germany * We buy *We Sell *We Supply *We Import *We Export *We Facilitate local and international business *We Connect Manufacturers and Importers together *We Market new products *We advertise goods and services * We help to establish investors company/industry in Nigeria/Africa * We are Africa Business and Marketplace Terms and Conditions Applies https://www.instagram.com/p/Cncwp01IQYI/?igshid=NGJjMDIxMWI=
#aspmda#auto#market#vehicle#parts#machinery#lubricants#battery#oil#engine#motorcycle#threewheellers#generator#car#truck#bus#van#tools#equipment#hardware#automechanikadubai#automotive#automobile#importers#manufacturers#china#europe#america#london#germany
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Central logistics hub for Mercedes-Benz Trucks spare parts to open in Germany
Central logistics hub for Mercedes-Benz Trucks spare parts to open in Germany
Daimler Truck is setting up its global supply of spare parts for Mercedes-Benz Trucks with a new facility to be built in Halberstadt, Saxony-Anhalt in Germany.Get more news about truck spare parts,you can vist our website!
Representatives from Daimler Truck and Mercedes-Benz Trucks officially announced the signed contract for the central logistics hub during a ceremony with several regional politicans including Dr. Reiner Haseloff, prime minister of the State of Saxony-Anhalt.
The Global Parts Center will deliver up to 300,000 different items, from the smallest screw to a finished truck cab, to approximately 3000 vehicle dealers in more than 170 countries worldwide – in addition to 20 regional logistics centers across Europe and around the world in Turkey, the United Arab Emirates, Brazil, China and other countries, according to Daimler.
The company said that 2600 Mercedes-Benz Trucks suppliers will provide the new logistics hub with their parts.
“Halberstadt and the Global Parts Center will play a key role in the future,” said Karin Rådström, CEO of Mercedes-Benz Trucks. “Spare parts from our new logistics hub will make a significant contribution to keeping our customers and their trucks up and running, thereby delivering on our ambition, ‘Trucks you can trust.’”
The new facility’s central location will elimintate additional transport routes and cut the wait time on parts. Daimler said the facility, which will have a gross floor area of 270,000 sq. meters, with 260,000 sq. meters of logistics space, will be designed to meet the requirements of customers, and regional dealers can be supplied directly or can pick up parts themselves if needed. Prime Minister Haseloff said Saxony-Anhalt is a sought-after location for company settlements. “An excellently developed infrastructure, the central location in the heart of Europe and swiftly operating administrations are what set us apart,” he said. “I wish the Global Parts Center, which will create numerous jobs in the region, a successful realization.”
Daimler estimated the project will create 450 qualified jobs on site, and after further construction stages and the assumption of additional activities in connection with global parts logistics, up to 600 jobs will be created at the site.
With state-of-the-art storage and conveyor technology, the Global Parts Center will ensure all vehicle parts will be available for immediate retrieval in an automated high-bay warehouse and an automated small parts warehouse. Daimler said construction is set for this year, with commissioning scheduled for about three years in the future.
Daimler is planning the Global Parts Center as a CO2-neutral operation: Neither natural gas nor oil will be required, as the facility will use electric heat pumps that heat the building with underfloor heating systems. The roofs will be equipped with photovoltaic systems, which can generate up to 13 million kWh per year (more energy than will be consumed at the site, according to Daimler).
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