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Increasing demand of skilled drivers due to high road accident rate, growing airtraffics, upcoming high speed train projects, and significant R&D investments in autonomous vehicles will be driving the demand for driving simulators.New York, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Driving Simulator Market by Application, Vehicle Type, Simulator Type, Training Simulator Type, End User, Region - Forecast to 2025" - https://www.reportlinker.com/p05761057/?utm_source=GNW The adoption of driving simulators and analysis technology has experienced an increase in the railways, aviation, marine, defense, and automotive sectors as it helps in testing and analyzing the designs of products in a virtual environment.Leading automotive companies, such as Toyota, General Motors, Ford, and Volkswagen, use different types of simulation software like FEA and CFD that help reduce the product design time, cost, and time-to-market.Airports of the European and Asian regions have incorporated airside driving simulators for handling ground operations.For example, Delhi International airport invested in Tecknotrove’s TecknoSIM airport driving simulators for training and testing its operators on the airside in 2019.Moreover, increasing stringency of safety and environmental regulations has compelled manufacturers and authorities to invest in driving simulators with innovate designs for training. Additionally, electrification of automotive components, advent of semi-autonomous and autonomous vehicles, and increasing influence of technology companies in the automotive industry are growth factors for the driving simulator market.The demand for training and testing simulators depends on adoption of technologies in commercial vehicles, rails, airports; stringent safety regulations; encouragement by governments to install training simulators in driving schools; and released jobs for skilled drivers.The impact of the COVID-19 pandemic on industries like automotive, aviation, and railways is expected to affect the global driving simulators market as well.Driving simulators market for professional training are backed by players like ECA Group, Cruden B.V, Corys, Transurb, Tecknotrove, SHRail, and Cassidian. These companies have also been undergoing production halts during lockdowns. For instance, in the context of the COVID-19 crisis, the ECA Group limited its manufacturing activities within its sites to preserve the health and safety of its employees. The company has undertaken the remote work policy for multiple projects to further maintain its revenue in the coming days.The truck & bus Simulator segment is expected to be the fastest segment in the forecast.Truck simulators are used in assisting drivers in enhancing driving skills and performing loading/unloading of materials accurately and within an optimum time limit.Truck simulators consist of a fully functional pneumatic driver seat with all typical controls—a seat belt, pedals, and a fully adjustable (height and tilt) steering column with integrated flashers and hand brake.Various truck models with diverse transmission configurations are provided in such simulators. In truck simulators, braking plays a significant role.One of the most important modes of urban passenger transportation worldwide is buses.Mostly used for short and medium distances, buses are designed to have a capacity of as high as 300 passengers, making driver training essential.Bus simulators have training and testing applications.For instance, Tecknotrove’s bus driving simulator, TecknoSIM, is a replication of a real bus with vehicle controls like steering wheel, gear, brake, clutch, pedals, indicators, and switches.It is an advanced tool for testing and training drives for various types of buses like minibus, passenger bus, electric bus, mini coach, and school bus. TecknoSIM provides basic and advanced driving skills in emergency scenarios.Adavanced driving simulatorsegment is expected to be the largest and the fastest-growing end user segment in the forecast period.Advanced simulators are the most immersive type of simulators.They encompass the entire structure of a real vehicle.These are manufactured in a dome shape and provide a 360° view for driving.The dome is assembled on a motion platform with a high degree of freedom—up to 9 degrees.Many OEMs like Ford, Daimler, Toyota, Honda, and BMW have installed advanced driving simulators for R&D purposes.For instance, in 2018, BMW announced an investment of EUR 100 million in a driving simulator center in Munich, Germany.The project is estimated to be completed by 2020. Urban driving is a major hurdle in the context of autonomous vehicles that can be tested with the help of advanced driving simulators.End users for the advanced driving simulator include vehicle manufacturing companies that conduct testing for advanced vehicle dynamics like acceleration, braking, steering, and aerodynamics. Mostly researchers and engineers analyze high-tech vehicles, safety features, and studies of driver’s behavior in adverse conditions using advanced simulators.In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.• By Company Type: Tier I - 55%, Tier II - 13%, and OEMs - 32%• By Designation: CXOs - 23%, Director Level - 47%, and Others - 30%• By Region: North America - 31%, Europe - 33%, Asia Pacific - 28%, and RoW – 8%The driving simulator market comprises major companies such as Cruden B.V. (Netherlands), Cassidian (Germany), ECA Group (France), Tecknotrove Simulator System Pvt. Ltd (India), and Adacel Technologies (Australia).Research Coverage:The study covers the driving simulator market size and future growth potential across different segments such as by application,vehicle type, simulator type, training driving simulator type, end user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.Key Benefits of Buying the Report:• The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall driving simulator market and its subsegments.• This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan 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/p05761057/?utm_source=GNWAbout 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.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Dublin, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The "Exoskeleton Robots: Global Markets" report has been added to ResearchAndMarkets.com's offering. The scope of the report includes the global market for commercially deployed exoskeletons. Exoskeletons that are in the pilot phase, live for demonstration purposes or are available for rental use or on a lease basis have been considered to calculate the overall market size. The report also focuses on the major driving trends and challenges that affect the market and the vendor landscape. The report explains the value chain and current trends in the exoskeleton market. The report includes an impact analysis of the COVID-19 pandemic on the exoskeleton market and includes detailed profiles of the major industry players.Exoskeletons are lightweight, wearable devices designed for rehabilitation, assistance, and human-power augmentation. Originally designed for military use, these wearable robotic machines, also known as a robotic suit, powered armor, or exosuit, supply part of the power necessary for the activation of energy required for limb movement. Armed forces in the U.S. and other countries have investigated the possible military applications of exoskeletons for more than a decade. Today, the main application of exoskeletons is in healthcare and, to a lesser extent, industrial and commercial settings. They help to improve mobility, enhance force capability and recover motor functions in large joints like the hip and knee. Additionally, they can help to reduce the need for some medications and improve mental health, sleep, pain, posture, and balance. Potential exists in the medical market for exoskeletons to provide mobility assistance to the elderly to aid in walking or even climbing stairs. The Report Includes: An overview of the global market for exoskeleton robotEstimation of the market size and analyses of market trends, with data from 2019, 2020, estimates for 2021 to 2025 with projections of compound annual growth rates (CAGRs) through 2025Highlights of quantitative and qualitative data of the exoskeleton robot market by type, mobility, technology, power, industry, and regionIdentification of market drivers, restraints, and other forces impacting the global market and evaluation of current market trends, market size, market forecast, and technological advancements within the industryDescription of the impact of the COVID-19 pandemic on the exoskeleton industryCoverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategiesCompany profiles of major players of the industry Key Topics Covered: Chapter 1 Introduction Chapter 2 Summary and Highlights Chapter 3 Market and Technology Background OverviewEvolution of ExoskeletonsValue Chain AnalysisResearch and DevelopmentRaw Material SuppliersSystem IntegratorsSuppliers and DistributorsEnd UsersMarket DriversHigh Demand from the Healthcare SectorGrowing Adoption in Industrial ApplicationsInvestments in Technological DevelopmentsMarket RestraintsStringent Healthcare Regulations and Safety GuidelinesMajor Technological Challenges Exoskeleton Developers FaceWeightActuatorsHuman AttachmentSafetyEnergy EfficiencyLower CostImpact of COVID-19 on the Exoskeleton Market Chapter 4 Exoskeleton Market Value OverviewExoskeleton Market by TypeFull BodyLower ExtremitiesUpper ExtremitiesExoskeleton Market by MobilityStationaryMobileExoskeleton Market by PowerPoweredPassiveExoskeleton Market by VerticalHealthcareIndustrialMilitaryConsumerExoskeleton Market by RegionAmericasEuropeAsia-PacificMiddle East and Africa Chapter 5 Company Profiles OverviewAtoun Inc.Axosuits SrlBionik Laboratories Corp.Cyberdyne Inc.Ekso Bionics Holdings Inc.Hocoma AgHonda Motor Co., Ltd.Japet Medical DevicesLockheed Martin Corp.Marsi Bionics, S.L.Myomo Inc.Parker-Hannifin Corp.Rewalk Robotics Ltd.Rex Bionics Ltd.US Bionics Inc. (Also Known as Suitx) For more information about this report visit https://www.researchandmarkets.com/r/c02jem Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Reddit users have left a $13bn hedge fund with huge losses after buying large numbers of shares in the video-game retailer
Wizz Air vowed on Thursday to ride out the coronavirus crisis and emerge stronger, after the ultra-low cost airline swung to a 115 million-euro ($139 million) quarterly loss. As most airlines cut fleets and networks, Hungary-based Wizz has been adding new bases and aircraft in an attempt to grab a bigger share of the post-pandemic market. Revenue fell 77% to 149.9 million euros on a 77% drop in passengers in its third quarter ended Dec. 30, but Wizz said its 1.2 billion cash could withstand another two years of slump.
The international online food delivery market recorded 27% year-on-year growth in 2020 and is projected to grow by at least 15% in 2021.
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader:Shore Capital Stockbrokers Ltd(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeAFH Financial Group plc(c) Name of the party to the offer with which exempt principal trader is connected:AFH Financial Group plc(d) Date dealing undertaken:27 January 2021(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?No 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER (a) Purchases and sales Class of relevant securityPurchases/ sales Total number of securitiesHighest price per unit paid/receivedLowest price per unit paid/receivedOrdinaryPurchases926456.1p456.1pOrdinarySales11,050459.04p458.92p (b) Derivatives transactions (other than options) Class of relevant securityProduct descriptione.g. CFDNature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unit (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitTypee.g. American, European etc.Expiry dateOption money paid/ received per unit (ii) Exercising Class of relevant securityProduct descriptione.g. call optionNumber of securitiesExercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant securityNature of dealinge.g. subscription, conversionDetailsPrice per unit (if applicable) The currency of all prices and other monetary amounts should be stated. Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. 3. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:If there are no such agreements, arrangements or understandings, state “none” None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state “none” None Date of disclosure:28/01/2021Contact name:Molly AdkinTelephone number:020 7647 8154 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
(Bloomberg) -- Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index.The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout result a year earlier -- before the global pandemic set in. The results marked a sixth straight profitable quarter but also the first time the company missed Wall Street’s estimate for earnings per share since July 2019.Tesla shares fell as much as 8.1% to $794 before the start of regular trading Thursday. The stock had soared 933% since the beginning of last year.“Given the run in the name, an earnings ‘miss,’ no specific 2021 guidance and potential supply constraints, we could see the stock take a breather,” Joe Spak, an analyst at RBC Capital Markets, wrote in a report. “But, to long-term believers, there is likely little to deter their thinking.”The Palo Alto, California-based company, which joined the S&P 500 last month, said operating margins shrank to 5.4% in the latest quarter, down from 9.2% the previous three months. It blamed price cutting in China, supply-chain costs and a big pay package for Chief Executive Officer Elon Musk and other executives.“It was a mixed bag,” Gene Munster of Loup Ventures said in an interview, noting the dip in margins was accompanied by price reductions to win market share. “It’s negative for today but good for the long term, given the EV market is nascent.”A ‘Noisy’ QuarterThe results capped Tesla’s first full-year profit. The company has defied skeptics by achieving sustained growth and been rewarded with an $819 billion market capitalization, dwarfing other carmakers. Its success has helped spur a rally in shares of other companies with lofty EV strategies, both old and new.“2020 was a defining year for us on many levels,” Musk said on the quarterly earnings call. “We delivered almost as many cars last year as we have produced in our entire history, really an incredible growth rate despite a very challenging 2020.”Tesla did not give a specific number for how many cars it expects to deliver in 2021, but said that it anticipates beating last year’s 50% growth rate, which would require handing over roughly 750,000 vehicles. It delivered almost 500,000 globally in 2020.But that growth is coming at a cost. Tesla said the average selling price of its vehicles in the fourth quarter was 11% less than a year ago. That compares with a 3.1% gain in average transaction prices for all new vehicles sold in the U.S. last year to a record $36,786, according to market researcher TrueCar.Musk has said he would be willing to sacrifice profitability to sell more and cheaper cars. But the CEO warned employees in an internal email last month that Tesla’s shares could get “crushed” if investors start to worry about its ability to deliver on profit expectations.Chief Financial Officer Zachary Kirkhorn indicated the “noisy” quarter -- due in part to higher executive compensation tied to the rally in Tesla’s shares -- was more of an anomaly than the new normal. “Operating margin will continue to grow and remain industry leading,” he said on the call.Credit-Fueled RevenueTesla’s revenue hit $10.74 billion in the quarter, surpassing analysts’ estimate for $10.38 billion and up from $7.38 billion in the year-earlier period.The company earns money by selling regulatory credits to automakers that need them to comply with carbon-emissions standards in the U.S., Europe and elsewhere. Investors view this revenue as a double-edged sword because they want to know Tesla can be profitable from its core business: making and selling cars. Sales of regulatory credits rose to $401 million in the last three months of the year, from $397 million in the third quarter.Tesla did not specify its supply-chain cost issues, but Kirkhorn said the company is working “extremely hard” to mitigate the impacts of a global semiconductor shortage.Read More: Carmakers Face $61 Billion Sales Hit From Pandemic Chip ShortageTesla’s surging market valuation allowed it to raise cash repeatedly last year and accrue what Musk has called a “war chest” for investment in new factories and battery technology. The automaker is building two assembly plants in Germany and Austin, Texas, which will dramatically increase its production capacity.Kirkhorn said Tesla can now afford to expand to meet expected demand in a way it hasn’t been able to previously. “This is an important point on capital efficiency that we haven’t had the luxury to do in the past,” he said.Battery Supply BottleneckTesla has been upgrading its factory in Fremont, California, to launch refreshed versions of its S and X models with new powertrains and interiors. A photo in the shareholder letter shows a small screen for passengers in the back seat. The first deliveries of the Model S began in 2012, and speculation about a refresh has circulated for months.While Musk has promised to launch a $25,000 model by 2023, he’s not ceding ground on high-margin luxury cars. Tesla said a “Plaid” version of its flagship S sedan will go on sale next month, followed by the updated Model X in April. The company claims the high-performance version of the S will the fastest-accelerating car in the world, beating out the Porsche 918 Spyder and Bugatti Chiron.The much-anticipated Cybertruck pickup is on track to debut later this year, but Musk said high-volume production won’t begin until 2022. He also said Tesla plans to join others racing to build electric vans but cautioned that battery-supply constraints will force the company to pace its debuts of new vehicles.“We will take as many batteries as they can produce,” the CEO said, mentioning leading suppliers such as Panasonic Corp., LG Chem Ltd. and Contemporary Amperex Technology Co. Ltd. “We urge them to increase their production, and we will buy as much as they can send to us.”(Updates with premarket trading in the third paragraph. An earlier version corrected the title of Kirkhorn in 12th paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Putting frictions aside for now, China says relations between the Chinese and U.S. militaries are at a “new historical starting point” and should focus on cooperation and avoiding confrontations. Defense Ministry spokesperson Col. Wu Qian said Thursday that under former President Donald Trump, military-to-military relations "faced many risks and challenges” but the sides now have an opportunity to reset ties. Wu said the two sides held a teleconference on Tuesday and Wednesday on the tracing of U.S. prisoners of war and those missing in action from previous Asian conflicts, and “exchanged in-depth views on cases of concern to the U.S. side and cooperation between the two militaries, reflecting the importance China attaches to U.S. concerns in the humanitarian field.”
Well, that was unexpected.
With airlines grounded due to Covid, we speak to three former pilots who have left the industry.
SHENZHEN, China, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with an iconic German luxury vehicle brand. Both companies will leverage their respective technical capabilities to deploy smart mobility solutions and explore growth opportunities in the smart Internet of Vehicles (“IoV”) industry. The German luxury vehicle brand is headquartered in Munich, Bavaria, Germany, and is well known for its production of luxury vehicles, motorcycles and high-performance engines. In order to create a new generation of mobility solution for customers that offers a personalized and intelligent driving experience, the brand has launched a series of new sub-brands around hybrid electric vehicles, extended-range electric vehicles and plug-in electric vehicles in recent years. For full year 2020, the brand sold more than 2.32 million vehicles globally, and its sales volume in China exceeded 770,000 vehicles, making it the No.1 high-end automaker in China in terms of sales volume. In addition, the brand continues to gain traction in terms of electric vehicle sales, selling more than 190,000 vehicles globally in 2020. Internet of Everything era supports the evolution of vehicles from being simply a means of daily transportation towards becoming intelligent vehicles that integrate various digital functions for Mobility-as-a-Service (“MaaS”) and consumption scenarios. As drivers and passengers shift towards adoption of a more intelligent driving experience, the application of cutting-edge technology has become one of the most important battlegrounds for automobile companies. As a result, collaboration between automakers and technology platforms will play an increasingly important role in making intelligent mobility mainstream. This partnership allows Aurora Mobile to further expand the application of its artificial intelligence (“AI”)-powered smart operational and user insight analytics in the automobile industry. By leveraging its industry-leading push notification technology, Aurora Mobile will deliver more intelligent and pleasant interactive experiences and travel-centric services to the consumers of the luxury brand. Aurora Mobile believes that this collaboration will also promote wider adoption of smart IoV technology and support the ongoing digital transformation across the automobile industry. The partnership with the German luxury automaker is another example of how applicable Aurora Mobile’s powerful AI technology and analytics continues to be in various industry verticals. Recently, Aurora Mobile signed milestone agreements with a number of leading platforms in the finance, insurance, weather, internet tools, gaming, fresh food e-commerce, online education, telecommunications and new energy vehicle sectors, including Ping An Bank, Data Center of China Life, Moji Weather, WiFi Master, Lilith Games, Missfresh, 17zuoye, Beijing Unicom, Dongfeng Motor and other well-known companies, to drive user growth, improve user experience and maximize traffic value. About Aurora Mobile Limited Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and APP traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law. For general inquiry, please contact: Aurora Mobile LimitedE-mail: ir@jiguang.cn ChristensenIn ChinaMr. Eric YuanPhone: +86-10-5900-1548E-mail: eyuan@christensenir.com In USMs. Linda BergkampPhone: +1-480-614-3004Email: lbergkamp@christensenir.com
during the forecast period. Various factors such as rapid penetration of consumer IoT, the contribution of 5G in enabling ubiquitous connectivity, and increasing use of wearable devices utilizing location information are expected to drive the adoption of the GNSS simulators hardware, software, and services.New York, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "GNSS Simulators Market by Component Type, GNSS Receiver, Application, Vertical And Region - Global Forecast to 2025" - https://www.reportlinker.com/p05783073/?utm_source=GNW The objective of the report is to define, describe, and forecast the GNSS simulators market size based on component, type, GNSS receiver, application, vertical, and region.COVID-19 has shocked the world and sent economies spinning.It was late-2019 when the virus first appeared in the Chinese city of Wuhan.Initially, it only affected China, but its effects started being felt around the globe, with many countries implementing lockdown.The volunteers from Slovakian company Sygic and other technology companies developed a mobile application, aiming to slow down the spread of COVID-19.The technology used GNSS and Bluetooth sensors to determine if the user came into contact with an infected person in the last 14 days.According to a study by Science Daily published in September 2020, the quality of GNSS reflectometry measurements may have improved significantly during the pandemic because of the lack of cars parked near the ground station.The researchers showed that parked cars significantly reduced the quality of the elevation data by scattering the GNSS signals, causing them to be reflected several times before they reached the antenna, like a cracked mirror.In the year 2019, many Communications Service Providers (CSPs) started trials and rollouts of 5G networks.Many countries were getting ready for rollouts through spectrum auctions, infrastructure contracts, and other initiatives.But due to the advent of the COVID-19 pandemic, there has been a huge impact on both rollouts and readiness for 5G.Countries have started witnessing delays in their spectrum auctions.Technologies deployed in 5G network contain a wide bandwidth for better time resolution, which makes 5G networks a convenient environment for accurate positioning.Hence, it also plays an important role in GNSS.So, the COVID-19 pandemic has indirectly impacted the GNSS as 5G/GNSS will be the core of future location engines for many applications in the Location-Based Services (LBS) and IoT domains.The managed services segment to grow at a higher CAGR during the forecast periodThe GNSS simulators services market is expected to gain traction in the coming years with the growing adoption of GNSS simulator hardware and software.GNSS simulator services are divided into managed services and professional services.Managed services areexpected to grow at higher CAGR as it include support, maintenance, and infrastructure management. The demand for services in the GNSS simulators market is expected to grow rapidly in the coming years, as they support various business objectives.The navigation application segment to have the largest market size during the forecast periodThe GNSS simulators market by applications has been segmented into navigation, mapping, surveying, LBS, vehicle assistance systems, and others (timing and synchronization, gaming, weather forecasting, telematics). Navigation constellations represent strategic assets that are controlled by governmental budgets, and in most countries, it is controlled by military budgets supporting critical infrastructures for time synchronization, contributing to the growth of navigation applications.The multichannel GNSS simulator to have higher CAGR during the forecast periodThe GNSS simulators market by type has been segmented into single-channel and multichannel.Multichannel simulator is expected to register a higher CAGR during the forecast period.The adoption of multichannel simulators is catching pace as they can perform simulations of multiple satellite signals and are also capable of simulating single or multiple frequencies.Among regions, Asia-Pacific to account for higher CAGR during the forecast periodDue to the COVID-19 pandemic, eHealth technologies are being utilized all across APAC, with telemedicine including online medical appointments being widely adopted in China. GNSS-based contact tracing apps are used in South Korea, India, Taiwan, and China, contributing to the growth of GNSS simulators in APAC.Breakdown of primariesIn-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the GNSS simulators market.• By Company: Tier II: 55%, and Tier III: 45%• By Designation: C-Level Executives: 60%, D-Level Executives: 20%, and Managers: 20%• By Region: North America: 30%, APAC: 20%, Europe: 40%, MEA: 5%, Latin America: 5%The report includes the study of key players offering GNSS simulators solutions and services.It profiles major vendors in the global GNSS simulators market.The major vendors in the global GNSS simulators market are include Spirent Communications (US), Rohde & Schwarz (Germany), VIAVI Solutions (US), Hexagon (Sweden), Keysight Technologies (US), u-blox (Switzerland), Orolia (US), CAST Navigation (US), Accord Software and System (India), IFEN (Germany), Racelogic (UK), Syntony GNSS (France), Teleorbit (Germany), iP-Solutions (Japan), Pendulum Instruments (Poland), Saluki Technology (Taiwan), Shanghai Huace Navigation Technology Ltd (China), Averna (Canada), GMV NSL (England), Brandywine Communications (US), Jackson Labs Technologies (US), Hunan Shuangln Electronic Technology (China), Work Microwave (Germany), Qascom (Italy), and M3 Systems (France).Research CoverageThe market study covers the GNSS simulators market across segments.It aims at estimating the market size and the growth potential of this market across different segments, such as components, applications, organization size, end-user, and region.It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.Key Benefits of Buying the ReportThe report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall GNSS simulators market and its subsegments.It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies.It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.Read the full report: https://www.reportlinker.com/p05783073/?utm_source=GNWAbout 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.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
South Africa is the worst-hit country in Africa, but has not yet started Covid-19 vaccinations.
Qualcomm on Thursday lost its fight against a data demand from EU antitrust regulators after Europe's top court reaffirmed the regulators' right to see it, in a case that has already landed the company a 242-million-euro ($292.60 million) fine. The ruling by the Luxembourg-based Court of Justice of the European Union (CJEU) will strengthen the European Commission's hand in other antitrust investigations. Qualcomm's run-ins with the Commission have seen it receive total fines of 1.2 billion euros in two cases in the last three years for using its market power to thwart rivals including Intel.
Dublin, Jan. 28, 2021 (GLOBE NEWSWIRE) -- The "Atomic Clock Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type and Application" report has been added to ResearchAndMarkets.com's offering. The market was valued at US$ 418.73 million in 2019 and is projected to reach US$ 668.58 million by 2027; it is expected to grow at a CAGR of 6.2% from 2020 to 2027.North America led the global atomic clock market with 34.58% revenue share in 2019, followed by Europe and APAC. Increasing organic and inorganic strategic developments - such as product launches, and mergers and acquisitions - among the market players support the atomic clock market growth in North America. For instance, the US government agency introduced a new atomic clock in April 2014 to enhance civilian timekeeping standards. Smart Grid Mexico, a non-governmental organization, was launched in 2014 to promote the development and execution of technological solutions in the energy industry in Mexico to increase its efficiency. This program further integrates the community of collaboration and exchange that encourages smart grids in the country. Such initiatives are anticipated to propel the demand for atomic clocks during the forecast period.In 2019, Europe stood second in the atomic clock market with a share of 29.68%, and it is anticipated to witness a steady CAGR from 2020 to 2027. The growth of the atomic clock market in Europe is attributed to the increasing number of projects focusing on atomic clock development. For example, a new EU project on ultra-accurate atomic clocks was announced in May 2016. Researchers from nine different European countries, including France, England, Germany, and Denmark, are collaboratively working on this project. In September 2019, Orolia Defense & Security completed the acquisition of Talen-X, a US company specializing in advanced Global Navigation Simulation System (GNSS) solutions and Interference, Detection, and Mitigation (IDM) technologies. Similarly, in May 2017, Orolia - one of the world leaders in Resilient Positioning, Navigation, and Timing, also known as PNT solutions - announced the acquisition of Netwave Systems, Zoetermeer, Netherlands.Europe has the presence of satellite communication solutions providers such as Satcom Global Ltd and Holkirk Communications Ltd. However, the onboard atomic clocks driving satellite-navigation signals on the European Galileo network have noticeably failed, and nine clocks have stopped working on the 18 satellites in orbit. Such factors hinder the growth of the atomic clock market in Europe. Companies adopt inorganic market strategies to expand their footprints across the world and meet the growing demand from customers. The atomic clock market players mainly focus on the acquisition strategy to expand their business and maintain their brand name globally. For instance, in 2020, Orolia is selected for the Galileo Global Navigation Satellite System (GNSS). Under contracts totaling ?26 million, Orolia delivered the most stable, accurate timing solutions available.Impact of COVID-19 Pandemic on Atomic Clock MarketAll major countries across the globe are characterized by the presence of various sectors such as BFSI, automotive, aerospace & defense, and telecommunication and broadcasting. The COVID-19 outbreak is adversely affecting across all regions. The governments across the globe are imposing lockdowns and movement restrictions due to the crisis. Recently, the second wave of the outbreak across the globe led to a month-long lockdown in several countries. A large number of businesses - especially SMEs - are facing financial challenges as they are suspending their operations or reducing activities in a substantial manner owing to restrictions imposed by the government and lack of manpower. In various countries, the lockdown is putting restrictions on a few activities such as new projects/programs launch and R& D investments. It is also disrupting delivery schedules due to supply and demand gaps, which is restraining the growth of atomic clock market. Key Topics Covered: 1. Introduction1.1 Study Scope1.2 Report Guidance1.3 Market Segmentation2. Key Takeaways3. Research Methodology4. Atomic Clock Market Landscape4.1 Market Overview4.2 PEST Analysis4.3 Ecosystem Analysis4.4 Expert Opinion5. Atomic Clock - Market Dynamics5.1 Market Drivers5.1.1 Increasing Need for a High Precision Atomic Clock in Aerospace and Military5.1.2 High Demand from Metrology Station Owing to a Time-Sensitive Applications5.2 Market Restraints5.2.1 High Cost and Complexities Associated with Atomic Clocks5.3 Market Opportunities5.3.1 Next-Generation Chip-Scale Atomic Clocks (CSACs)5.4 Future Trends5.4.1 Atomic Clocks based on Optical Lattices of Strontium, Ytterbium and Gadolinium Atoms5.5 Impact Analysis of Drivers and Restraints6. Atomic Clock Market - Global Analysis6.1 Global Atomic Clock Market Overview6.2 Atomic Clock Market - Revenue and Forecast to 2027 (US$ Million)6.3 Market Positioning - Five Key Players7. Atomic Clock Market Analysis - By Type7.1 Overview7.2 Atomic Clock Market, By Type (2019 and 2027)7.3 Rubidium Atomic Clock and CSAC7.4 Cesium Atomic Clock7.5 Hydrogen Maser Atomic Clock8. Atomic Clock Market Analysis - By Application8.1 Overview8.2 Atomic Clock Market, By Application (2019 and 2027)8.3 Space and Military/Aerospace8.4 Scientific and Metrology Research8.5 Telecom and Broadcasting9. Atomic Clock Market - Geographic Analysis9.1 Overview10. Atomic Clock Market - COVID-19 Impact Analysis10.1 Overview11. Atomic Clock Market-Industry Landscape11.1 Overview11.2 Market Initiative11.3 Merger and Acquisition11.4 New Development12. Company Profiles AccuBeat ltd.Excelitas Technologies Corp.IQD Frequency Products Ltd.LeonardoMicrochip Technology Inc.OroliaOscilloquartzStanford Research SystemsTekronVREMYA-CH JSC For more information about this report visit https://www.researchandmarkets.com/r/m14e31 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
North Korea and the United States should seek an initial denuclearisation deal that includes a halt to the North's nuclear activity and a cut in its programme in exchange for some sanctions relief, South Korea's prime minister said on Thursday. Prime Minister Chung Sye-kyun, in his first interview with a foreign media outlet since taking office a year ago, told Reuters "creative" thinking and mutual incentives were needed to get negotiations going again and prevent another breakdown. North Korean leader Kim Jong Un and former U.S. President Donald Trump vowed to build new relations and work towards the denuclearisation of the Korean peninsula at their first summit in 2018, but a second summit and ensuing working-level talks fell apart.
The 28 Olympic sports federations have taken a big financial hit due to the postponement of the Tokyo Olympics by a year, but even if the Games were cancelled they would not be at risk of bankruptcy, the executive director of the international federations' association said. The 2020 Games have been rescheduled for July after being put off due to the coronavirus outbreak, though there remains a risk they could be cancelled if the pandemic worsens. "We are all committed to delivering the Olympic Games this year," Andrew Ryan, Executive Director of the Association of summer Olympic international federations (ASOIF), told Reuters.
For the second consecutive year, the Chiefs’ high-scoring offense is in the Super Bowl. For the second consecutive year, Chiefs offensive coordinator Eric Bieniemy is earning praise for his job at the helm of that offense. And for the second consecutive year, Bieniemy has been shut out of head-coaching jobs. The news that the Texans [more]