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LightFair 2023 recap

Another Light Fair has come and gone, and this year marked a potential turning point in the fortunes of what was once the premier lighting-focused trade show in North America. The show was held in May at the Javitz Center in New York and attracted over 300 exhibitors and over 11,000 attendees, up from the past couple of years but nowhere near the size of the show at its zenith (Figure 1). Missing were many of the largest players in the LED lighting and controls industry (along with their gigantic booths), which contributed to a show floor that was more open and easier to navigate. The LED lighting industry has matured and the products on display reflected that, representing incremental change instead of the huge leaps and bounds of the industry’s earlier days.
Figure 1 The light Fair 2023 trade show floor with over 11,000 attendees and 300 exhibitors. Source: Yoelit Hiebert
As in past years, the show also featured three days of educational sessions. One of the most engaging was a “show-n-tell” of several of products that came from Kyocera SLD Laser—the self-proclaimed maker of the world’s first white laser light emitter.
To review this education session: a spontaneous emission occurs after an electron at a lower energy state absorbs a passing photon and transitions to a higher energy state. Eventually the electron will seek to return to a lower state, emitting a photon in the process. This emitted photon’s wavelength will correspond to the energy of the initial low to high transition, but its direction will be random. However, a passing photon can also cause an already excited electron to transition from a higher to lower energy state, resulting in the emission of a second photon that matches the wavelength, phase, and direction of the original. This is referred to as stimulated emission and is the mechanism driving lasers.
The emitted photons are amplified through reflection between a pair of mirrors at each end of the crystal. As they travel, unlike frequencies cancel out, leaving photons that share a single frequency. Some of these photons go on to stimulate additional emissions by means of reentry into the crystal and some exit through one of the mirrors as a highly coherent beam of light.
It’s worth noting a third class of light emitting semi-conductor product, the superluminscent (SLD) diode, that completes the light-emitting diode trifecta. SLDs possess characteristics similar to both LEDs and lasers. Like LEDs, the SLD is an incoherent source, but with an emitted bandwidth that, depending of the construction of the device, can range from something similar to a single-color LED to much broader bandwidths. And like lasers, an SLD device incorporates amplification but instead of mirrors, an optical waveguide in the surface of the crystal is employed.
The biggest advantage of laser diode sources over LEDs is the area of efficacy. Because LEDs are a spontaneous emissions source, the theoretical maximum efficacy that can be achieved is approximately 638 lm/watt at 555 nm (green). White light is even further limited to 250 to 380 lm/watt, depending upon the color temperature. Additionally, because laser diode sources emit light with a very narrow beam angle, the light is able to travel longer distances at higher brightness. This can be advantageous for certain applications such as outdoor directional lighting, architectural and entertainment lighting, and even off-road lighting. However, use in general lighting applications would most likely require additional optics to disperse the emitted beam over a wider area. According to Kyocera SLD Laser, laser sources represent the next big step in the evolution of lighting.
Switching subjects, a presentation addressing the DALI suite of standards proved useful in explaining the distinctions surrounding this digital communication protocol, which is struggling to gain wide-spread acceptance in North America. The recent introduction of the DALI-2 sub-standards and D4i requirements only add to the already considerable confusion as to how (and if) the suite of standards apply.
Briefly, The DALI suite of standards was first released in the early 1990s under the auspices of IEC 62386. The standard is composed of a number of sub-standards, called Parts, that address various aspects of lighting controls based on a digital protocol. The actual standards development work is undertaken by the DALI Alliance, a global industry organization. What was originally called “DALI”, but is now usually referred to as “DALI-1”, included communication protocol requirements for luminaires, the communication bus, the bus power supply, and input devices as part of a lighting control system.
In 2017, the DALI suite expanded to include additional functionality not addressed in the original. This enhanced suite is referred to as “DALI-2” and includes parts addressing specifications for increased interoperability and more stringent test protocols. Also included is a requirement for independent verification of conformance in order to use the DALI trademark. D4i, released in 2020, is an extension of DALI-2 in that it provides a mandatory set of LED driver features to facilitate intra-luminaire communication and data gathering.
The diagram below shows the DALI-2 suite of standards currently released under IEC 62386. The diagram in Figure 2 might explain the current hesitance for North American companies to consider the DALI protocol in their projects.
Figure 2 The general requirements and system components for the DALI-2 standard where the many “Parts” may contribute to excessive complexity and a hesitancy for North American manufacturers to adopt the protocol. Source: DALI Alliance
Turning back to Light Fair 2023, the recent proliferation of regional shows has prompted a decision to hold Light Fair biannually, which may have a salutary effect in terms of the number of show exhibitors and attendees. Whether or not Light Fair has found its place in the post-COVID tradeshow ecosphere remains to be seen.
—Yoelit Hiebert has worked in the field of LED lighting for the past 10 years and has experience in both the manufacturing and end-user sides of the industry.
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Top 10 Electric Vehicle Manufacturers in USA
In the United States, there is a diverse array of electric vehicle (EV) companies, ranging from emerging startups to long-established automakers. These American EV companies lead the way in innovation and technological advancements, focusing their efforts on improving batteries, motors, and charging infrastructure. With the growing interest in EVs among the American population, these companies are strategically positioned to seize the opportunities presented by the expanding market. The EV industry in the USA is thriving, witnessing the rise of new EV companies and electric car manufacturers. Noteworthy contenders such as Tesla, Rivian, and Lucid Motors have firmly established their presence in the American EV industry. Provided below is a compilation of the top 10 Electric Vehicle companies in the USA:
1. General Motors
General Motors (GM) is a prominent automotive manufacturer known for its production of a diverse range of vehicles, including cars, trucks, SUVs, and crossovers, marketed under renowned brands like Chevrolet, Buick, GMC, and Cadillac. The company has set its sights on the mass production of fully electric and plug-in hybrid EVs that deliver enhanced mileage on a single charge. To achieve this goal, GM is making substantial investments in cutting-edge battery technology, including the exploration of hydrogen fuel cells
2. Ford
Ford Motor Company, a multinational automotive corporation headquartered in the United States (US), engages in the design, production, and maintenance of various vehicles, encompassing cars, sport utility vehicles (SUVs), and commercial vehicles. Additionally, the company actively manufactures electric vehicles (EVs), such as the Mustang Mach-E, F-150 Lightning, Focus Electric, and E-Transit. Furthermore, Ford is committed to investing in the advancement of connected car technology, facilitating seamless communication between vehicles and the surrounding infrastructure.
3. Tesla
Tesla, an American electric vehicle (EV) company, holds a prominent position as the frontrunner in the EV industry. Established in 2003 by technology magnate Elon Musk, the company has gained recognition for its cutting-edge and top-notch EVs. With a staggering 179,050 units sold in the first half of 2020, Tesla claims a dominant market share of 28% globally. Consumers eagerly seek out Tesla’s automobiles due to their groundbreaking technology, contemporary aesthetics, and impressive performance.
4. BMW
Established in 2011, BMWi is a subsidiary brand of BMW dedicated to the production and advancement of plug-in electric vehicles. The brand made its debut with two notable models: the i3, an all-electric car, and the i8, a plug-in hybrid. By December 2019, the BMW Group had achieved a significant milestone, selling a cumulative total of 500,000 electric vehicles, including models from BMWi, iPerformance, xDrive, and MINI.
5. Polestar
As a frontrunner in the heavy-duty semi-truck manufacturing sector, this company not only excels in producing top-notch trucks but also ventures into energy solutions as part of its broader objective to revolutionize the industry. With a commitment to achieving net-zero emissions worldwide, the company introduces the Tre BEV, a cutting-edge electric vehicle designed for short-haul journeys, boasting an impressive range of up to 350 miles per charge. Powered by a potent motor and a substantial 753kWh battery, this truck delivers a remarkable 645 horsepower. Moreover, it offers the advantage of swift charging, allowing it to replenish its battery in just two hours.
6. Rivian
Rivian Automotive emerged as a prominent player in the EV industry between 2021 and 2022, despite initial challenges. Their R1T and R1S models cater to adventure enthusiasts, enabling them to explore previously inaccessible areas with electric power. Overcoming production delays, Rivian now delivers vehicles consistently to customers across the US. CEO RJ Scaringe, with a passion for traditional engines, recognized the untapped market of adventurous pickup and SUV drivers in the EV space. Rivian also partnered with Amazon to supply 100,000 electric vans by 2030, solidifying its position in the industry.
7. Proterra
Proterra, an American electric vehicle manufacturer founded in 2004 by Dale Hill, began its journey by designing electric golf carts. Since then, the company has made impressive strides, attracting significant investments totalling over $600 million from renowned entities like General Motors and Volvo. Proterra’s revenue for 2020 reached a notable $118.3 million, and as of December 2021, the company employed around 816 individuals. As of June 2023, Proterra’s market capitalization stands at $257.05 million, demonstrating consistent advancement towards its goals.
8. Lucid Motors
Lucid Motors, a pure-play manufacturer, has garnered widespread attention and recognition with its Lucid Air, which earned the prestigious title of Motor Trend Car of the Year 2022. The vehicle has also been honoured with several other accolades, such as being named the longest-range car, the fastest-charging car, and the most advanced electric car of the year. Lucid Motors has left an indelible mark in the industry, captivating audiences with its exceptional electric vehicle offering.
9. Lordstown Motors
Founded in 2019 by former General Motors executive Steve Burns, Lordstown Motors Corporation is an electric vehicle company that has made significant strides. With substantial investments totalling over $675 million from renowned investors like General Motors and Workhorse Group, Lordstown has achieved a commendable revenue of $383.00 K as of March 2023. As of December 2022, the company employs approximately 296 individuals, further demonstrating its growth and commitment to the industry.
10. Canoo
Canoo provides a diverse range of electric vehicles, catering to both personal and corporate transportation needs, including cargo delivery trucks. Its sustainable offerings serve individual and corporate clients alike. In a significant move, Walmart has entered into an agreement to procure 4,500 EVs from Canoo for deliveries starting in 2023. With a current revenue of $510.55 million, Canoo aims to deliver a distinctive ownership experience and redefine people’s perception of transportation. As of June 2023, the company has made substantial strides toward its objectives, reflected in its market capitalization of $213.80 million.
ConclusionIn conclusion, the electric vehicle market in the USA is undergoing a rapid and dynamic expansion, propelled by a multitude of companies producing exceptional and innovative EVs. The industry’s growth is primarily motivated by an increased focus on sustainability and the reduction of carbon emissions. As competition among these companies intensifies, it spurs greater levels of innovation and technological advancements, contributing to further advancements in the electric vehicle sector.
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A short primer on traction inverter design for EVs

Range anxiety because of limited range is a barrier to electric vehicle (EV) adoption for many consumers. Increasing the battery cell density and improving the efficiency of energy conversion processes are key to extending vehicle range to alleviate this anxiety. One key area where efficiency is critical is the traction inverter that converts the DC battery voltage into the AC drive required to power the motors.
This technical article will explain how IGBT-based modules enable higher cell densities and provide a more efficient conversion process to extend the range of an EV, helping to overcome the concerns of consumers.
Main traction inverters are at the heart of electric vehicles, connecting the batteries to the traction motors. They convert the DC battery voltage to an AC drive that the motors require, commonly at power levels from 80 kW to 150+ kW. The battery voltage is based on the size of the battery string and has typically been in the range of 400 VDC, although 800 VDC is becoming more common in a bid to reduce the sizeable currents and, therefore, mitigate losses.
Despite reducing cost by 40% in the past 3 years, or 90% in the past decade, the lithium-ion (Li-ion) battery remains the highest cost item within an EV. The downward price trajectory is expected to continue until around 2025 when prices will stabilize. Given the cost of this item, it is imperative that every joule of stored energy is used as efficiently as possible to mitigate the cost, as well as the size, of the battery pack.
Additionally, electric drivetrain provides incredible amounts of torque and acceleration. The responsiveness of the inverter and electric motor combination correlate directly to the “feel” of the vehicle and, therefore, to the consumer’s driving experience and satisfaction.
Role of switching devices
A traction inverter typically comprises of three half-bridge elements, each of which is formed from a pair of MOSFETs or IGBTs known as high-side and low-side switches. There is one half-bridge for each motor phase, making three in total, with gate drivers controlling each switching device.
Figure 1 An overview of traction inverter highlights the key design building blocks. Source: onsemi
The primary role of the switches is switching the DC voltage and current from the high-voltage battery on and off to create the AC drive for the motor(s) that propel the vehicle. This is a demanding application due to the high voltages, currents and operating temperatures experienced as 800 V batteries can deliver more than 200 kW of power.
Traction inverters based on 400-V battery systems require power semiconductor devices that have a VDS rating in the 650 V to 750 V range, while 800-V solutions increase the VDS requirement to 1,200 V. In a typical application, these power components must also handle peak AC currents in excess of 600 A for up to 30 seconds (s) and a maximum AC current of 1,600 A for around 1 millisecond (ms).
In addition, the switching transistors and gate drivers used for the device must be capable of handling these large loads while maintaining high traction inverter efficiency.
IGBTs have been the device of choice for traction inverter applications as they can handle high voltages, switch rapidly, deliver efficient operation, and meet the challenging cost objectives of the automotive industry.
Why power density is critical
Modern automobiles are incredibly cramped, at least as far as space for technology is concerned. This means that power density is an important parameter, especially for anything in the powertrain. So, the physical size (and weight) must be minimized as any weight reduces the range of the vehicle.
Apart from the physical size of the components, the primary driver for size is the efficiency of the design. The greater the efficiency, the less heat is generated and the more compact the inverter can be.
Figure 2 Switching IGBTs are crucial in the amount of losses that generate heat. Source: onsemi
Switches—whether IGBT or MOSFET—have the most significant impact on the losses that generate heat. Lower on resistance (RDS(ON)) values reduce static losses while improvements in gate charge (Qg) reduce dynamic or switching losses, allowing systems to switch faster. If the switching speed is higher, then the size of passive components such as magnetics can be much reduced, thereby increasing power density.
The maximum operating temperature of the switches can also affect power density as, if the devices are able to operate at higher temperatures, less cooling is required, thereby further reducing the size and weight of the design.
In many traction inverter designs, the key components are often separate and discretely packaged and, while this is a perfectly valid approach, it does not necessarily deliver the most compact—or highest power density—design. An alternative approach is to use pre-configured modules to form the half-bridges necessary for the traction inverter.
Power modules deliver high current density, robust short circuit protection, and the increased blocking voltage needed for 800-V battery applications. Here, IGBTs facilitate integrated current and temperature sensors, providing a faster reaction time for the protection features such as over-current and over-temperature protection.
How modules enhance integration
Power modules like VE-Trac Dual are mounted as die packages featuring 4.2 kV (basic) isolation capability, with copper and cooling on both sides. The absence of any wire bonds doubles expected lifetimes when compared with similar case modules that contain wire bonds. Co-packaged with the IGBTs is a diode that reduces power loss and enables soft switching, thereby enhancing overall efficiency.
By packaging bare die into a compact footprint, VE-Trac Dual modules are much easier to integrate into a compact design. Efficient operation, low losses and dual-sided cooling ensure that thermal management is easily achieved while a continuous operating temperature of 175°C allows higher peak power to be delivered to the traction motors.
Figure 3 VE-Trac Dual power modules incorporate a pair of 1,200 V IGBTs in a half bridge configuration. Source: onsemi
A single VE-Trac Dual module is normally required for each phase of a traction inverter and the mechanical design leads itself to use in multi-phase applications, providing simple scalability including the ability to parallel modules to deliver more power on each individual phase.
However, while IGBT-based power modules have been serving automotive applications, an enhanced version based on silicon carbide (SiC) MOSFETs is also available for the most demanding applications. It utilizes this wide bandgap (WBG) technology to deliver further size and efficiency gains in traction inverter designs.
Jonathan Liao is senior product line manager at onsemi.
Related Content
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- How Power Electronics Is Revolutionizing the EV Ecosystem
- GaN enables efficient, cost-effective 800V EV traction inverters
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Rohde & Schwarz collaborates with Qualcomm to test 3GPP Rel. 17 GSO and GEO satellite chipsets for IoT-NTN
Rohde & Schwarz, in collaboration with Qualcomm Technologies, Inc., will conduct a comprehensive set of tests for NB-IoT over non-terrestrial networks (NTN) to accurately verify two-way internet of things (IoT) data across various operating modes using GSO and GEO constellations in line with the 3GPP Release 17. At the MWC Shanghai 2023, Rohde & Schwarz will hold a live demonstration of the test solution at the company’s booth with Qualcomm Technologies’ NTN Release 17 IoT chipsets.
The R&S CMW500 wideband radio communication tester and R&S SMBV100B GNSS simulator emulate a satellite base station for 3GPP NTN testing.
Rohde & Schwarz, in collaboration with Qualcomm Technologies, will conduct a broad range of NB-IoT over NTN tests that address the many challenges inherent to satellite-based non-terrestrial networks that use geosynchronous orbit (GSO) and geostationary orbit (GEO) constellations. The test set covers time and frequency synchronization from prolonged delays and the Doppler effect, low signal-to-interference-plusnoise ratio (SINR), power saving mechanisms, satellite ephemerides, GNSS acquisition and more.
These tests will be a validation tool for Qualcomm Technologies’ latest NTN chips, the Qualcomm® 212S and Qualcomm® 9205S. R&S CMW500 Protocol Testing Framework scenarios and the R&S CMW 3GPP Release 17 NTN IoT protocol enabler on a single R&S CMW500 wideband radio communication tester will help engineers assess their NTN NB-IoT devices powered by Qualcomm Technologies’ NTN chips under realistic conditions. The R&S CMW500 wideband radio communication tester emulates GSO and GEO satellite base stations in combination with the R&S SMBV100B, which generates GNSS signals. Establishing a real-time, comprehensive connection with the simulated GSO/GEO satellite network lets engineers test relevant signaling and RF scenarios in line with 3GPP Release 17.
Innovators like Qualcomm Technologies are leaders in enabling IoT applications via satellite by integrating satellite connectivity options into low power wide area (LPWA) chipsets. Non-terrestrial networks are revolutionizing global coverage on land, at sea and in the air for IoT applications by providing uninterrupted connectivity. Geosynchronous orbit (GSO) and geostationary orbit (GEO) satellites ensure consistent communication by enhancing performance and user experience even under challenging conditions. The advancements are vital for the agriculture, maritime, and logistics sectors as well as for asset tracking, which all depend heavily on extensive coverage, acceptable latency and reliability.
IoT device developers must understand the unique aspects of GSO and GEO, since each orbit has special benefits. Despite their apparent movement, GSO satellites cover higher latitudes like the Earth’s poles, enhancing reach of IoT. GEO satellites are fixed in relation to Earth and provide continuous regional coverage, which is ideal for constant IoT connectivity and simplifies antenna design, reducing costs. Selecting the right orbit is vital when optimizing IoT device performance, connectivity reach and overall techno-economics.
As a leading test solution provider to the satellite and aerospace industries, Rohde & Schwarz has enabled
5 G NTN with several satellite launches. The comprehensive range of solutions provides R&D and production testing of satellite payloads, ground stations, user terminals as well as the monitoring and maintenance of links.
Alexander Pabst, Vice President Market Segment Wireless Communications at Rohde & Schwarz, said: “Our extensive experience with the 3GPP wireless, satellite and aerospace ecosystems make us a trusted provider of optimized solutions for an industry leader like Qualcomm Technologies in the emerging NTN market. We are delighted to leverage our deep understanding of these industries and work with our partner on tailored test solutions that meet the specific needs of the 5G NTN satellite and aerospace industry.”
“Having been close collaboration partners with Rohde & Schwarz for years, we are happy to utilize their simulation tools to validate that Qualcomm Technologies’ IoT-NTN solutions are 3GPP Release 17 compliant,” said Vieri Vanghi, Vice President, Product Management, Qualcomm Technologies, Inc. “Our joint expertise ensures that OEMs integrating the Qualcomm 212S or Qualcomm 9205S SoCs benefit from bestin-class, low-power, standards-compliant solutions to achieve superior performance in a rapidly evolving landscape.”
At the Mobile World Congress Shanghai 2023, Rohde & Schwarz and Qualcomm Technologies will exhibit a cutting-edge testing and verification solutions for 3GPP NTN from Rohde & Schwarz, employing Qualcomm Technologies’ GSO and GEO 3GPP NTN Release 17 IoT chipsets at booth N1.B70 at the Shanghai New International Expo Centre (SNIEC).
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Anritsu to Showcase 5G RedCap Testing Capability in Collaboration with Quectel at MWC Shanghai
MT8000A to Verify RedCap Module Performance in Anritsu Booth at MWC Shanghai 2023
Anritsu Corporation will demonstrate its ability to test emerging 5G reduced capability (RedCap) modules in its booth at MWC Shanghai 2023, June 28-30. The Anritsu Radio Communication Test Station MT8000A will be conducting RF tests on a Quectel 5G RedCap module.
The MT8000A will conduct call connection and RF parametric tests to verify that the Quectel module Rx255C meets 3GPP R17 RedCap specifications. The all-in-one Radio Communication Test Station MT8000A is a 5G base-station simulator for 5G RF and protocol measurements as well as application tests. It supports high-order 4×4 MIMO and carrier aggregation (8CA) technologies for fast, large-capacity communications.
RedCap 5G networks significantly increase 5G’s ability to support IoT solutions that rely on advanced features of 5G other than purely high speed. Ideal for applications that require high reliability and speeds typically between ultra eMBB and LPWA, RedCap will enable deployment of billions of new IoT devices and services, including wearable devices, AR/VR, industrial sensors, smart grids, and so on.
“As shown with our MWC Shanghai demonstration, Anritsu continues to support the advancement of new technologies with test solutions that help our customers be first-to-market with innovative solutions. Our MT8000A is a natural choice to verify Quectel’s RedCap solutions, as it has a proven track record of validating existing 5G modules being developed by Quectel,” said Yao Chaoqiang, Marketing Director of Anritsu China.
“Quectel’s new 5G RedCap modules feature superior wireless performance and low latency communication with 5G while providing significant optimization in size, energy savings, and cost-effectiveness,” said Andy An, Deputy GM of Hardware Department, Quectel. “These characteristics help drive the reach of 5G technology into a variety of new business verticals and mobile broadband scenarios. We’re pleased to work with Anritsu to validate this performance, which helps accelerate the deployment of RedCap in the IoT domain.”
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Hearables & Wearables industry in India set to require 5 times current manpower by 2025-26: ESSCI
- ESSCI’s skill gap study highlights the need for upskilling in Hearables & Wearables industry.
- Study reveals potential for rapid growth in Hearables & Wearables industry.
Electronics Sector Skills Council of India (ESSCI) has conducted a skill gap study on Hearables & Wearables. The study examines the current state and future potential of the rapidly growing industry. The current market size for this segment is on the lower side, and is just around US$ 1 billion, with as much as 90% of this market being comprised of the hearables sub-segment. The study estimates a conservative manpower requirement of around 50,000 for this sector by 2025-26, which is 5 times the current manpower employed in this sector.
Hearables refer to any audio device that is worn on the person of the user, typically in the ear, while wearables include wrist watches, fitness bands, and other such devices. According to study, manufacturing in India has seen a robust growth, specifically in the smart watch category, as India’s share in global shipments has risen sharply in 2021 from 2020. The Government of India Vision document aims to manufacture US$8 billion worth of wearables & hearables in India by 2025-26. Out of this, around US$ 2.5 billion would be slated for exports while the rest would cater to the Indian market. Therefore, there is a huge potential for accelerated growth in this sector.
The key drivers for this growth include the increase in usage of hearing devices due to the work-from-home culture driven by Covid-19, as well as the increase in utilization of over-the-top (OTT) platforms. The current manpower employed in this sector is quite low, with less than 10,000 personnel employed in various roles, both on permanent and contract basis. Sales and marketing are the major function. However, as the sector grows rapidly and the production expands, this manpower requirement can be expected to increase multi-fold, with a greater proportion than the current staff in production roles.
Amrit Manwani, Chairman of ESSCI, said, “The Hearables and Wearables industry in India is at an inflection point, with tremendous potential for growth. We believe that this sector has the potential to be a major driver of economic growth in India, and we are committed to supporting the development of the industry through the provision of high-quality training and skill development programs. We also see tremendous opportunities for Indian professionals to develop their careers in this sector, both in India and globally.”
Dr Abhilasha Gaur, COO of ESSCI, highlighted the importance of the skill gap study and the futuristic job roles in the coming year. “Our skill gap study highlights the significant skill gap in the Hearables and Wearables industry, which needs to be addressed in order to support the growth of the industry. We believe that there are significant opportunities for professionals with the right skills and knowledge to develop their careers in this sector, and we are committed to supporting them through the provision of high-quality training and skill development programs.”
The top technical skills required for personnel in this industry include quality control/assurance, basic knowledge of computer hardware/software, technical knowledge (electronics/ electrical) and data analytics, while soft skills include communication skills, project or production management, leadership/team management and problem identification & solving skills.
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Creation Technologies Expands Presence in China with New State-of-the-Art Facility
Creation Technologies, an end-to-end, scalable Specialty Global Electronic Manufacturing Services provider, announced its move to a new expanded facility in Changzhou, China. The company celebrated this milestone with a ribbon-cutting ceremony attended by valued customers, suppliers, and distinguished guests, ending with a gala dinner.
With double the capacity of the former site, the new facility spans 150,000 square feet, underscoring Creation Technologies’ commitment to expanding its global footprint and enhancing its presence in China. Since 2005, Creation Technologies has been serving customers from its Changzhou location, strategically situated just 90 minutes away from Shanghai.
Equipped with four state-of-the-art surface mount technology (SMT) lines and a dedicated team of 300 professionals, the new facility exemplifies Creation Technologies’ dedication to delivering world-class manufacturing solutions. Designed for lean factory flow, the site ensures efficient product flow and offers fully integrated EMS capabilities, encompassing areas for PCB Assembly, System Integration & Test, and Forward and Reverse Logistics.
“This investment demonstrates our commitment to expanding our global footprint to provide our customers with the highest level of service and support,” said Stephen P. DeFalco, Chairman and CEO at Creation Technologies. “With the increased capacity, modern manufacturing equipment, and talented workforce, we are well-positioned to meet the evolving needs of our customers.”
Creation Technologies’ new facility in Changzhou maintains rigorous quality standards, boasting certifications including ISO 9001, ISO 13485, ISO 14001, UL, TUV, ETL, and CCC. The company prides itself on its professionally run manufacturing facility, where multi language teams are dedicated to delivering exceptional customer service.
Key operational capabilities of the new facility include:- Focus on high-mix/low-to-medium volume high-reliability products
- Flexible and quick-turn NPI (New Product Introduction) capability
- World-class quality
- Experienced technical staff
- Strong continuous improvement mindset
- Vast supply chain network with access to custom parts and independent spot market distributors for electronic components
This expansion joins Creation Technologies’ network of 14 global manufacturing sites and other recent significant site expansions in St. Peter, MN, Rochester, NY, and Hermosillo, MX.
Creation Technologies looks forward to leveraging its new state-of-the-art facility in Changzhou to provide innovative manufacturing solutions, exceptional customer experiences, and continued growth in the EMS industry.
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Burgeoning Amount of Data in Retail Industry to Boost Adoption of Artificial Intelligence: Fact.MR Report
Fact.MR, a market research and competitive intelligence provider, reveals that the global artificial intelligence (AI) in the retail market is set to achieve a valuation of US$ 85 billion by 2033, expanding at a noteworthy 30.3% CAGR from 2023 to 2033.
Artificial intelligence in retail is ushering in a new era of how businesses track their operations to improve business strategies, give better outcomes, and communicate with customers in the digital world. Many established retailers around the world are dealing with rising costs, dissatisfied consumers, dwindling sales, and growing competition. As a result, retailers are implementing technology solutions to boost operational efficiency and improve customer interactions.
Numerous aspects of the retail industry, including supply chain management, inventory management, customer relationship management, and marketing and branding, have tremendous technology transformation potential, allowing retailers to enhance overall efficiency and profitability.
The global artificial intelligence in the retail market is rising rapidly due to factors such as greater knowledge of AI and big data analytics, increasing smart devices and internet users, growing amount of data in the retail industry, and strong government digitization programs. Moreover, the acceptance of an omnichannel or multichannel retailing strategy, enterprise requirements for streamlining business processes, untapped possibilities to boost sales efficiency, and the expanding need to improve end-user experience and capitalize on market dynamics are all contributing to global market growth.
North America controls the majority of global revenue. To improve customer service efficiency, retailers in the region are concentrating on extracting accessible data on customer preferences. The United States is the leading market in North America. The country is currently investing heavily in AI technology. Due to the increased demand for technology, the United States is also seeing the emergence of new small businesses and start-ups.
Asia Pacific and Europe are following North America in terms of development. The retail industry in Asia Pacific is undergoing a fast transformation. As a result, there is a greater demand for modern technologies to enhance operations and the customer experience.
Key Takeaways from Market Study- The global artificial intelligence in the retail market stands at US$ 6 billion in 2023.
- Worldwide demand for artificial intelligence technology in retail is anticipated to increase at a CAGR of 30.3% from 2023 to 2033.
- The global AI in the retail market is forecasted to reach US$ 85 billion by 2033.
- North America captured a 38.5% global market share in 2022.
- Machine learning accounted for 30% of the global market share in 2022.
“AI is rapidly altering the retail industry by enabling businesses to personalize customer experiences, streamline supply chains, and boost operational efficiency. AI is also helping businesses obtain important insights into customer behavior and preferences, which can then be utilized to build more targeted and efficient marketing efforts,” says a Fact.MR analyst.
Winning StrategyLeading companies are concentrating on launching innovative solutions to broaden their presence and gain market share.
- For example, Talkdesk, Inc. released an AI-based Talkdesk Retail Smart Service in June 2021, which provides automated self-service to customers and support personnel to focus on other significant revenue generation duties.
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BTU International and Hentec/RPS Expand Partnership to Include Vector Selective Soldering Systems
Hentec Industries/RPS Automation, a leading manufacturer of selective soldering, lead tinning and solderability test equipment, is pleased to announce its distribution agreement with BTU International, Inc. has been expanded to include the Vector series of selective soldering systems. Under this distribution agreement, BTU is the exclusive distributor of all Hentec/RPS selective soldering systems throughout Asia. BTU will provide sales, service, training, spare parts and support via BTU’s extensive sales and service network in Asia.
“We are excited to add this additional Hentec product line to our existing offerings, which will allow us to provide BTU customers with the complete solution for soldering, both reflow and selective,” commented Michael Whang, Chief Executive Officer of Amtech. “Our strong sales and service infrastructure throughout Asia will provide a firm platform to leverage Hentec/RPS’s technologically advanced selective soldering products.”
“We are extremely pleased to expand this distribution agreement with BTU since this will assist our penetration into the Asian market,” said Reid Henry, President of Hentec Industries. “Our Vector selective soldering systems are well proven and provide our customers with greater efficiency, better process repeatability and enhanced solder quality.”
The Vector 300, 460 and 600 lead-free compatible selective soldering systems feature an integrated computer with unlimited program storage, integrated system software, witness camera and auto fiducial correction. Available in either standalone or SMEMA in-line configurations, all Vector systems are offered with topside preheat, spray or drop-jet fluxer, dual flux nozzles, and custom or wave solder nozzles. All Vector systems are UL and CE compliant and carry both a two-year system warranty and a four-year solder pot warranty.
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Top 10 Thermocouple Companies in the USA
Based on the principles of the Seebeck Effect, a thermocouple is a temperature-measuring device that consists of two wires of dissimilar metals joined at one end. One end of the device is placed where the temperature is to be measured, while the other end is at a constant lower temperature.
Top 10 Thermocouple Companies in the USAWe have curated a list of the top 10 thermocouple companies in the USA that are highly trusted and reliable.
Corbett IndustriesCorbett was established in 1951 and serves the process heating industry. The product line includes – industrial ovens, air heaters, packaged burners, and control systems. Corbett has spread its wings in the following industries- finishing, textiles, pharmaceuticals, manufacturing, packaging, and heat treatment.
PyromationPyromation started in 1962 and is an ISO-9001 accredited company. They also run an onsite NVLAP-accredited metrology laboratory. Looking at their product catalog, Pyromation deals in thermocouples, RTDs, thermowell, transmitters, connection heads, wires, etc. Pyromation supplies its products to industries like – aerospace, food and beverage, dairy, pharmaceuticals, metal processing, biomass, water and wastewater, chemical, mining, energy, and power, etc.
Temperature Specialists, Inc.Founded in 1977, Temperature Specialists is known for its special assembly, miniature welding, molding of plastic parts, and manufacture of custom hot wire anemometers. Its product line includes- Resistance Temperature Detectors (RTDs) and thermocouples with application areas in RTD elements, industrial probes, process control, the plastic industry, hand-held probes, OEM, and custom sensors. Let us look at the range of thermocouples offered by Temperature Specialists –
- No Sheath Style
- Non-metallic sheath style
- Plain sheath style
- Transition sheath style
- Double pipe thread style
- Spring loaded double thread style
- Thermowell style
- Handheld style
- Stick-on style
Established in 1985, Thermocouple Technology serves clients from diverse industries like- power, chemical, OEM (Original Equipment Manufacturer), engineering firms, industrial controls and instrumentation, pharmaceuticals, aircraft and aerospace, cement, food and beverage, import/export supply, gas pipeline, non-ferrous metals, pulp, and paper, etc. Their product line included –
- Thermocouples – field-cuttable, industrial, power industry
- RTDs
- Thermowells
- Thermocouple wires and accessories
- Transmitters
- Indicator
Aerolab is an ISO 9001:2015 accredited company serving the process control and temperature industry since 1948. Their streamlined products include- heat pipes, custom isobars, thermocouples and RTDs, heating elements, isomandrel, etc. Aerolab’s products have wide-ranging application areas like- rubber molding, plastic welding, plastic injection, electronics cooling, aluminum SPF, packaging and sealing systems, etc. They are extensively known for their services in R&D, thermal analysis, and simulations and provide top-notch solutions in cooling, heating, uniformity, heat spreader, and dissipation solutions.
Thermalogic CorporationThermalogic is building temperature, humidity, and process controls for over 50 years since its beginning in 1971. They also serve high expertise in temperature sensor assemblies and temperature and humidity transmitters. They work around cutting-edge technologies like IoT (Internet of Things) and internet-enabled controls and transmitters. Thermalogic serves industries like – environment equipment, liquid chillers, industrial HVAC, heat treatment equipment, food processing equipment, military HVAC, medical, lab and testing equipment, railcar HVAC, semiconductor processing equipment, industrial ovens, etc.
Thermo Sensors CorporationThermo Sensors started in 1972 and is a pioneer in manufacturing high-tech thermocouples and RTD assemblies. They serve the following industries- chemical, Petrochemical, refining, food, pharmaceutical, power, environment, etc. Some of the products manufactured and supplied by them are- MGO thermocouples, industrial thermocouples (type- E, J, K, N, T, R, S, B), RTDs, wires, and accessories.
Kelvin TechnologiesKelvin Technologies was set up in 2000 and has a stronghold in markets like- aerospace, energy, medical, industrial machinery, plastics, transportation, security, semi-conductor, etc. Their product line consists of the following devices- temperature sensors, heaters, wiring harnesses, manufactured assemblies, thermocouples, temperature controls, relays, and accessories. Kelvin’s services include- calibration, extruder rebuilds, custom engineered assemblies.
ARi Industries Inc.Established in 1952, ARi Industries is among the first companies to manufacture mineral-insulated cables. They focus deeply on product performance and design improvement. Their range of products includes- thermocouples, RTDs, heaters, and thermowell for industrial and commercial use. Let us look at the range of thermocouples offered by ARi-
- Base Metal
- High-Temperature Thermocouples
- Industrial Thermocouples
Industries served by ARi are- petroleum refineries, pharmaceuticals, national research labs, semiconductors, furnaces/kilns, aerospace, nuclear, gas turbine, steel, industrial processes, oil/gas, energy, military, automotive, diesel engines, etc.
Therm-XEstablished in 1983, Therm-X is among the lead suppliers and manufacturers of advanced temperature and process control systems, delivering thermal solutions including – thermal design and test, CNC machining, metal joining, sheet metal manufacturing, and integration with electro-mechanical assembly. Therm-X is an AS9100 REV.D/ ISO 9001:2015 accredited company serving industries like- semiconductor and electronics equipment, alternative energy, biotech, aerospace, petrochemical, food, and beverage, etc. Therm-X’s product catalog includes- heaters, sensors, signal conditioners and transmitters, thermocouple welders, thermocouple wires and cables, power switching devices, controllers, and controller accessories.
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PREMO’s Latest Innovative Product: BCBM-50KW-001 Module for Air-Cooled EV Charging Stations with Embedded Resonant Choke for LLC Topology.
At the heart of Premo’s innovation lies a compact 50KW transformer set meticulously engineered to meet the demanding power requirements of modern EVs. Housed within a sleek 300 x 174 x 100 mm aluminum casing, this high-performance transformer boasts remarkable efficiency, delivering power with over 99% efficiency. This exceptional efficiency ensures minimal power loss, reducing overall energy consumption and promoting sustainable charging practices.
At the heart of Premo’s innovation lies a compact 50KW transformer set meticulously engineered to meet the demanding power requirements of modern EVs. Housed within a sleek 300 x 174 x 100 mm aluminum casing, this high-performance transformer boasts remarkable efficiency, delivering power with over 99% efficiency. This exceptional efficiency ensures minimal power loss, reducing overall energy consumption and promoting sustainable charging practices.
The 50KW transformer set incorporates advanced design elements to optimize performance and address the critical issue of thermal management. A key feature is the embedding of a resonant choke for LLC (LCLC) topology, allowing for efficient energy transfer and reduced switching losses.
To facilitate effective heat dissipation, the part is designed with the new Premo patented technology of internal fins that work together with Coolmag thermo-conductive resin —a material specifically chosen for its superior heat transfer properties.
The utilization of triple Insulated Litz wires ensures excellent thermal dissipation while accommodating thermal expansion and contraction. This soft and flexible insulation mitigates the risk of damage caused by temperature fluctuations, thus ensuring the reliable performance and durability of the transformer set. Furthermore, the distributed gap multicore design, combined with the utilization of MnZn Ferrite Cores, enhances the overall protection and thermal stability of the transformer.
The 50KW transformer set with an embedded resonant choke for LLC topology represents a significant leap in power electronics for EV chargers. Its compact size, exceptional efficiency exceeding 99%, and advanced thermal management capabilities make it an ideal choice for fast-charging stations catering to the expanding EV market.
Premo is committed to SDGs (United Nations Sustainable Development Goals) and designs, engineers, prototypes, and test full reliability at its green carbon net positive Innovation Center. PFC modules are thus engineered under sustainability standards that design for the circular economy, considering 0km materials of natural origins, using green energy, and minimizing the content of polymers from fossil fuels as well as recycled ferrites and copper.
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LeddarTech Releases Production Samples of the LeddarVision Front-Entry (LVF-E) Comprehensive Low-Level Fusion and Perception Software Featuring the TI TDA4VM-Q1 Processor for L2/L2+ ADAS Applications
LeddarTech’s LVF-E’s “B” sample featuring an embedded ECU introduces an unprecedented industry-first solution that brings high performance and reliability of low-level fusion to the entry-level ADAS market
LeddarTech, an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD, is pleased to announce that “B” samples of its LeddarVision entry-level ADAS L2/L2+ highway assist and 5-star NCAP 2025/GSR 2022 low-level fusion and perception software stack optimized for the TDA4VM-Q1 (8 TOPS) processor from Texas Instruments are now available.
The LeddarVision Front-Entry (LVF-E) product, formally released in late 2022, was designed for customers seeking to develop entry-level ADAS safety and highway assistance L2/L2+ applications. Introducing the “B” samples brings exciting advancements to LVF-E powered by a Texas Instruments (TI) TDA4VM-Q1 processor. By leveraging these “B” samples, LVF-E delivers substantial cost and performance benefits for low-level fusion, paving the way for accelerated L2/L2+ systems adoption. In addition, this breakthrough effectively reduces the sensor and processor requirements, making it more accessible and efficient for widespread implementation. The LeddarVision Front-Entry solution also marks the first design where TI’s highly integrated and cost-efficient TDA4x processor family has been featured in a low-level fusion solution.
Benefits-
Higher Performance:
- Doubles the effective range of the sensors, allowing high-performing ADAS targeting 5-star NCAP 2025 and GSR 2022 standards with lower sensor and system costs.
-
Lower Costs:
- Reduced hardware requirements: An industry-first being enabled with a single 1 to 2-megapixel 120-degree front camera and two short-range front corner radars in a 1V2R configuration.
Efficient implementation on the TDA4VM-Q1 platform achieves one of the lowest system costs for L2/L2+ entry-level ADAS without sacrificing system performance.
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Assembly Solutions Optimizes Assembly Operations with 7 Inovaxe Smart Racks
Inovaxe, a world leader and provider of innovative material handling and inventory control systems, is pleased to announce that Assembly Solutions has made a strategic investment in its Smart Racks to optimize their assembly processes. An Inovaxe customer since 2021, Assembly Solutions recently purchased two new Inovaxe Smart Racks, making a total of seven. Assembly Solutions, a trusted provider of electronic manufacturing services, recognized the value and efficiency offered by Inovaxe’s state-of-the-art solutions.
As a rapidly growing company, Assembly Solutions understands the importance of staying ahead in a competitive manufacturing landscape. The addition of the newest Inovaxe Smart Racks to their assembly line demonstrates their dedication to leveraging advanced technologies that streamline processes and optimize productivity.
Currently using five Smart stationary SREX racks, Assembly Solutions has recognized the tremendous value these intelligent storage solutions bring to their operations. The seamless integration of the Smart Racks has significantly improved their inventory management, ensuring accurate and efficient component organization.
The recent purchase of two new Smart Racks further solidifies Assembly Solutions’ commitment to continuously enhance their assembly capabilities. Now, with seven Smart Racks in their arsenal, they are well-equipped to meet the growing demands of their customers and provide reliable, on-time delivery of quality products.
“Inovaxe Smart Racks have been a game-changer for our assembly process,” said Mike Franklin, Operations Manager at Assembly Solutions. “The innovative technology and intelligent design of these racks have revolutionized our inventory management, enabling us to minimize errors, reduce setup time, and increase overall productivity. The decision to expand our Smart Rack inventory was an easy one, as we experienced firsthand the significant impact they had on our operations.”
Inovaxe Smart Racks offer a range of features that align perfectly with Assembly Solutions’ commitment to excellence. The racks’ intelligent tracking system ensures accurate inventory counts, eliminates the need for time-consuming manual processes, and reduces the risk of misplaced or lost components. The flexibility and scalability of the Smart Racks also allow Assembly Solutions to adapt to changing assembly requirements and accommodate future growth seamlessly.
Assembly Solutions is poised to take their assembly services to new heights. By optimizing their inventory management, increasing operational efficiency, and reducing setup time, Assembly Solutions is well-positioned to meet the evolving demands of the manufacturing industry.
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Heraeus Electronics to introduce new advanced solutions to further elevate device performance at SEMICON China 2023
Heraeus Electronics is excited to announce its participation in SEMICON China, scheduled to take place June 29 – July 1, 2023 at the Shanghai New International Expo Center (SNIEC). Heraeus Electronics will showcase its innovative range of semiconductor packaging materials and printed electronics in booth E7355, Hall E7.
Delivering compact yet powerful electronic devicesThe semiconductor advanced packaging industry is at the forefront of meeting the growing demands for highly sophisticated and intricate electronic products utilized in a wide range of applications, including 5G communications, Internet of Things (IoT), augmented reality (AR), smart wearables, electric vehicles, and various consumer and industrial sectors. With a relentless focus on achieving superior performance and compactness, the industry is continuously pushing the boundaries by increasing the component density within semiconductor packages, such as the system-in-package (SiP), while simultaneously reducing the overall package size.
Heraeus Electronics’ solution:Welco AP520: This state-of-the-art water-soluble type 7 printing paste is designed to solve the challenges of miniaturization, as it can create tiny and reliable joints with close to zero defects. With excellent paste release down to 90 µm pitch (55 µm stencil opening and 35 µm line spacing), no splashing and best-in-class low void performance, AP520 makes an excellent choice for fine-pitch components and flip chip attach for next-generation System-in-Package applications used in 5G communications, smart-wearables, and electric vehicles.
Development of defect-free HPC systemsHigh-Performance Computing (HPC) has become increasingly integral to everyday life, powering a range of applications including processors for Artificial Intelligence (AI), gaming computers and consoles, 5G smartphones, autonomous driving systems, memory controllers, and more. The key enabling technology for HPC lies in high bump-count and fine bump-pitch flip chips, which require reliable soldering onto substrates. However, the semiconductor industry faces significant challenges in eliminating defects such as cold joints, solder creeping, die shifting, voiding, underfill delamination, and others.
Heraeus Electronics’ solution:AP500X: This water-soluble, halogen-free tacky flux is specifically engineered for ultra-fine bump-pitch flip chip attach and BGA attach applications. This new carefully designed flux plays an important part in eliminating defects such as cold joints, solder creeping, die shifting, voiding, underfill delamination, etc. in advanced semiconductor packages for high performance computing, memory, mobile and more.
Heraeus’ solution for EMI shielding in 5G technologyOffering accurate selective coating without any masking is the key benefit of the Prexonics® full system solution for EMI shielding on package level. This new technology is the first to enable a thickness aspect ratio of 1:1 at topside and sidewalls and thus only 1.5-2μm conductive film on topside is needed to achieve the required shielding performance. Prexonics® is a unique full system solution offered by Heraeus Printed Electronics, that consists of a special particle-free silver ink, an inkjet printer, and a manufacturing process that uses inkjet printing to apply full, partial or trench coating. This approach allows selective and precise deposition of the silver ink onto specific areas of the component, avoiding excess material and minimizing waste. By using the specialized silver ink customized thin metallization films are possible in the range of 150nm to 4µm.
Finally, Heraeus Electronics will announce its extended product portfolio towards sustainability initiatives with gold bonding wire made with 100% recycled gold and Welco solder paste series made with 100% recycled tin. By incorporating recycled tin or gold into our products, Heraeus Electronics contributes to environmental sustainability, significantly reducing energy consumption and carbon footprint. The pastes formulated with recycled tin maintain the same level of quality as those made with primary tin. Both recycled and non-recycled gold undergo the same meticulous refining process before being transformed into final products, including gold wires and gold-coated silver bonding wires. This ensures the consistent composition & properties across our offerings. Both Heraeus Electronics’ gold and tin suppliers comply with Responsible Materials Initiatives (RMI) and ISO14021:2016.
The Heraeus team also will conduct five live booth presentations that will discuss the company’s newly launched products, and show how its latest materials can further elevate your device performance.
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Off-Highway Electric Vehicle Market is Poised to Surpass US$ 8.36 Billion by 2033 as Various Governments Encourage Adoption of Green Technologies | Future Market Insights, Inc.
According to FMI estimations, the off-highway electric vehicle market size could be worth US$ 2.24 billion globally in 2023. Sales of off-highway electric vehicles are projected to reach a record high of US$ 8.36 billion by 2033, rising at a CAGR of 14.1% from 2023 to 2033.
Electric vehicles that are intended to be used off-road are known as off-highway electric vehicles (OHEVs). They employ one or more electric motors for propulsion. Moreover, these electric cars store energy using a range of batteries, including lead acid, nickel metal hybrid, and lithium-ion.
Electric off-road vehicles are frequently employed in the mining and construction industries where the roads are not perfectly straight and convenient to drive. These vehicles serve a variety of purposes in the mining and construction industries in addition to moving loads from one location to another.
As agricultural activities are one of the main sources of greenhouse gas emissions, OEMs are now concentrating on producing more environmentally friendly and productive farm vehicles that adhere to existing pollution rules and standards. Together with a rise in worldwide farm mechanization, this is a key factor in the market’s expansion.
Off-highway heavy-duty vehicle electrification is growing. As a result, OEMs are eager to learn how this new trend could support their current business models. The trend of electrifying automobiles is expected to pick up steam during the forecast period given beneficial aspects including battery technology, supply, and general economics.
Electric solutions are more widely adopted when charging infrastructure, battery technology, and overall development costs are taken into account. Off-highway vehicle electrification ensures long-term cost savings due to less frequent maintenance and fuel usage compared to traditional vehicles.
Presently, the industry is switching from outdated “electric drive” designs to fully hybrid and all-electric vehicles. Together with automation, ultra-precision farming, political conditions, and population stresses, electrification is also influencing these fields. Additionally, the off-highway electric vehicle market in developed nations is being driven by quick infrastructure development and updated government regulations related to construction operations.
Electric vehicles have become a popular technology for reducing air pollution. Governments all across the world provide tax breaks and incentives for off-road electric cars as a result. Due to their environmental and sustainable benefits, several countries favor electric car regulations. Several countries are developing regulations that are likely to bolster the electric vehicle sector.
The off-highway electric vehicle market is dominated by North America, with the United States playing a prominent role. The government places a high focus on the nation’s infrastructure. Therefore, it is predicted that throughout the forecast period, opportunities could manifest themselves for market players in off-road electric vehicles.
Key Takeaways- Off-highway electric vehicle sales in North America now make up a significant portion of global sales and are expected to exhibit a CAGR of 29% throughout the forecasted period.
- The off-highway electric vehicle market in Europe is projected to rise at a CAGR of 25% during the forecast period.
- Between 2023 and 2033, the Asia Pacific off-highway electric vehicle market’s CAGR could reach 15%.
- Based on Vehicle Type, the off-highway electric vehicle industry has been dominated by the Hybrid Electric Vehicle (HEV) category.
- Based on Application, construction is the key industry that dominates the off-highway electric vehicle market.
Electric-powered machinery, including material handling vehicles, agricultural machinery, and construction equipment, is being developed and produced by manufacturers in the off-highway electric vehicle sector. Many advantages are provided by these vehicles, such as less running costs, increased fuel economy, and decreased pollutants. In addition, many manufacturers are spending money on research & development activities to expand the technology of electric vehicles and make them more useful for heavy-duty applications.
Prominent players in the global off-highway electric vehicle market are Caterpillar, Volvo Construction Equipment AB, Komatsu Ltd., J C Bamford Excavators Ltd., CNH Industrial N.V., Deere & Company, Epiroc AB, Sandvik AB, Hitachi Construction Machinery Co., Ltd., Doosan Corporation, and others.
Recent Development- In September 2022, in its Awazu Plant, Komatsu successfully converted biomass combustion ash into fertilizer, reducing industrial waste in Japan’s Ishikawa Prefecture’s Kaga area while also recycling forest resources.
- In May 2019, to reduce CO2 emissions by 17%, Volvo launched the EC300E, a new hybrid excavator. With the help of Volvo’s ECO mode, excavators can use less gasoline without sacrificing the necessary power.
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Lightstorm Partners with ZNet Technologies to Revolutionize Cloud Network Interconnections with the Polarin NaaS Platform
Lightstorm & ZNet Technologies partner to provide business value to businesses looking to transform their network interconnectivity ecosystem across multi-cloud, hybrid, CDNs, Internet Exchanges and more
Lightstorm, a digital infrastructure provider, announced its partnership with ZNet Technologies Private Limited, India’s leading cloud distributor offering cloud infrastructure and managed services, for its newest offering Polarin; a Network-as-a-Service (NaaS) platform designed to cater to cloud-native, forward-thinking businesses, offering a diverse range of connectivity solutions, granting unparalleled control and visibility over network design, deployment, and scaling.
Polarin enables businesses to transform their business capabilities by providing them with scalable and agile cloud interconnectivity across hybrid and multi-cloud infrastructure, internet exchanges, Content Delivery Networks (CDNs) and various SaaS applications such as Microsoft 365. The solution addresses the inadequacies of traditional network solutions as it operates on a cloud model, much like our cloud partners AWS, Oracle, GCP and Azure. The challenge of lengthy network setup and multiple partner onboardings is eliminated, enabling faster execution and time-to-market for businesses, allowing automation through seamless API integrations for on-demand and real-time use, simplifying network management and driving operational efficiency.
“We are thrilled to join forces with Polarin by Lightstorm,” said Munesh Jadoun, Founder & CEO, ZNet Technologies. “This partnership unlocks incredible opportunities for startups, enterprises, and visionary organizations in search of seamless connectivity and future-focused networking solutions across India. Together, we will transform the way businesses connect and thrive in the digital landscape.”
As a Platinum Partner of Lightstorm, ZNet Technologies is poised to leverage its extensive partner and customer base to amplify the reach of Polarin’s groundbreaking NaaS platform. This strategic partnership aims to accelerate digital transformation in the networking space for businesses, enabling them to bid farewell to complicated provisioning processes and inflexible legacy networks that hinder growth.
Commenting on the partnership, Amajit Gupta, Group CEO & MD, Lightstorm, said, “In today’s rapidly evolving digital landscape, businesses are increasingly turning to cloud computing to meet their infrastructure needs. We are delighted to partner with ZNet Technologies, and through this strategic partnership, we aim to leverage synergies and deliver exceptional value to businesses through enhancing their network interconnectivity by creating a wider reach for Polarin by Lightstorm to go to the market.”
The market for Network-as-a-Service (NaaS) is experiencing rapid growth as businesses increasingly recognize the need for scalable and agile network interconnectivity. According to HTF Market Intelligence, the Global Network-as-a-Service (NaaS) market is projected to witness a remarkable CAGR of 24.6% during the forecast period of 2023-2029. The partnership between ZNet Technologies and Lightstorm is poised to address this demand, with Polarin by Lightstorm filling the gap in the market.
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FMI Decodes: How Asia Pacific is expected to be the most opportunistic rubber testing equipment market, reaching US$ 2.7 Billion in 2032
Sales of the rubber testing equipment market have likely documented a Y-o-Y growth rate worth 4.6% in 2022 as compared to 2021. By 2022-end, the market was poised to reach US$ 13.7 Billion. As of 2021, rubber testing equipment demand was valued at US$ 13.1 Billion. From 2022-2032, a CAGR of 3.3% has been anticipated, with an expected closing value of US$ 19 Billion.
As rubber is made up of various polymers, which allows it to be used in a variety of industries. Rubber is classified into two types: natural rubber and synthetic rubber. Natural rubbers are derived from rubber trees and are composed of isoprene, an organic compound, and polymers. The obtained rubber contains very few impurities. Natural rubber is dominated by Indonesia and Malaysia. Synthetic rubber is also known as synthetic rubber, artificial rubber, or elastomer. These rubber products are made from petroleum by-products. Annually, approximately 15 billion kg of petroleum rubber is produced, with synthetic rubber accounting for two-thirds of that total.
The vast majority of synthetic rubber produced is used in the mechanical industry to manufacture tires, matting, belts, flooring, and other machine parts. Rubber testing equipment is used to inspect the quality and functionality of these rubber materials.
Electronic testing equipment, electrical testing equipment, and mechanical testing equipment are examples of testing equipment used in various fields. Rubber testing equipment is used to ensure the viability, stability, and durability of rubber materials before they are used in any industry. Because rubber is a growing market in the automotive industry, rubber testing equipment is expected to grow rapidly in the coming years.
Which are Some Prominent Drivers Spearheading Rubber Testing Equipment Market Growth?The equipment is specifically designed for tire dynamic and static testing. It defines the effect of tire design on vehicle dynamics and identifies tire performance and attributes. Tire testing includes a thorough examination of several properties, including durability and endurance, force, moment, indoor tread wear, accelerated aging, government regulatory testing, and failure analysis.
The growing number of vehicles equipped with off-the-road tires, such as OTR, heavy truck tires, and light truck and passenger car tires, has fueled the global rubber testing equipment market. The evolution of various tire testing techniques, such as endurance testing and radical run-out testing, has boosted market growth even further.
Products such as hoses and belts are expected to see a steady increase in demand as consumer demand for long-lasting goods grows. As the construction industry continues to expand, there may be a significant demand for rubber roofing. The manufacturing industry is also expected to contribute to rising demand, as it continues to expand at a rapid pace.
What are the Challenges Faced by the Rubber Testing Equipment Industry?
Rubber testing equipment has a high ownership cost, making it prohibitively expensive for small and medium-sized businesses. Some of the equipment is costly to purchase and install, resulting in a high deployment. Aside from being expensive, they necessitate a large amount of space to be set up. As a result, the value proposition for industries is reduced because they are expensive and require a lot of space to set up.
How is North America Contributing to the Growth of the Rubber Testing Equipment Market?Despite a slight downturn, demand for industrial rubber products in North America is gradually recovering as a result of a significant turnaround in motor vehicle production and a recovering manufacturing sector.
The United States is one of the world’s largest automakers, producing an average of over 8.1 million passenger vehicles per year. Almost every Japanese, Korean, and European automaker have established one or more manufacturing plants in the United States since Honda opened its first plant there.
Canada’s automotive industry is globally competitive and a significant contributor to the Canadian economy. Although the country is gradually losing its manufacturing base, it still produces more than 2.2 million cars per year, fueling the market for rubber testing equipment.
Why is Asia-Pacific Emerging as an Opportunistic Rubber Testing Equipment Market?In Asia-Pacific, more than 4Hz dominates in China market as China is the largest manufacturer and exporter of rubber testing equipment. China will remain among the fastest-growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$ 2.7 Billion by the year 2032.
Market CompetitionThere are a few major players in the rubber testing equipment market. In terms of market share, the market is currently dominated by a few major players. These market leaders are concentrating their efforts on expanding their customer base in foreign countries. These businesses are utilizing strategic collaborative initiatives to increase their market share and profitability.
Major players include U-Can Dynatex Inc., Alpha Technologies, TA Instruments, Ektron Tek, Presto Stantest, Gibitre Instruments Srl, Prescott Instruments, Montech Rubber Testing Instruments, Goettfert Inc., and Norka Instruments among others.
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Distributor Mouser Electronics Wins Top Revenue Award from Neutrik
Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, is proud to announce that it has received the Neutrik Americas 2022 Distributor Top Revenue Award. Neutrik is a leading provider of professional audio, video and lighting (AVL) connector systems.
In presenting the award, Neutrik praised Mouser’s exemplary performance in overall sales and revenue growth, along with increasing new business and supporting customers. In addition, Neutrik presented Mouser Supplier Manager Ryan Virostek with its prestigious 2022 Supplier Manager of the Year Award for outstanding work and collaborative efforts.
“We are grateful to Neutrik for their longstanding partnership and for recognizing our efforts,” said Krystal Jackson, Mouser Vice President of Supplier Management. “My company thanks you. Ryan and our coworkers thank you, and I thank you. We value our relationship and anticipate many more years of success together.”
“On behalf of Neutrik, I am excited to present the Mouser team with this revenue award in recognition of their exceptional efforts to grow our sales in 2022,” said Stacy Kaskon, Vice President of Sales and Marketing of Neutrik. “Mouser is a top-notch distributor, and we appreciate their commitment to Neutrik’s success.”
Neutrik is the recognized leader in connectivity solutions for the professional AVL and broadcast markets. In addition to its famous screwless XLR cable connectors, Neutrik is the inventor of powerCON, etherCON, speakON, opticalCON, combo 1/4-inch XLR chassis connectors, the D-size flange, rearTWIST BNC connectors, and dozens of other innovations.
Mouser has been recognized in the past decade with over a dozen distributor awards from Neutrik. Mouser previously received the Outstanding Performance Award for 2020, 2019 and 2017. The global distributor has also received the Distributor of the Year and Supplier Manager of the Year awards for 2021 and 2019.
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Top 10 Electric Vehicle Companies in USA
The United States hosts a wide range of electric vehicle (EV) companies, spanning from emerging startups to well-established automakers. These U.S. EV companies are at the forefront of innovation and technological advancements, dedicating their efforts to enhancing batteries, motors, and charging infrastructure. As the interest in EVs continues to surge among Americans, these companies are strategically positioned to capitalize on the expanding market. The EV industry in the USA is flourishing, witnessing the emergence of new EV companies and electric car manufacturers. Notable players such as Tesla, Rivian, and Lucid Motors have solidified their presence in the American EV industry. Presented below are the top 10 Electric Vehicle companies in USA:
1. Tesla
Tesla dominates the list due to several compelling factors. They excel in electric vehicle manufacturing, offering a range of cars and battery energy storage systems for residential and grid-scale use. Tesla also supplies vehicle powertrain components to other automakers. Founded in 2003, they achieved remarkable revenue of USD 81.5 billion in 2022 and have a global presence with around 48,016 offices and approximately 1,27,855 employees as of December 2022. Tesla’s vision encompasses more than just automobiles as it strives to offer comprehensive solutions for sustainable energy generation and storage. Constant innovation, business expansion, and an ambitious target of producing 1.8 million cars by the end of 2023 will establish Tesla as the leading EV company in the USA. With a market capitalization of USD 790.94 billion as of June 2023 and a growth rate of 103.34%, Tesla is confidently progressing towards its goals.
2. Lucid Motors
Founded in 2007, Lucid Motors is a prominent American electric vehicle manufacturer. Their inaugural product, the Lucid Air, an upscale electric sedan, made its debut in December 2016 and is slated for production in 2020. Lucid Motors has achieved substantial revenue, with USD 60.82 billion as of 2022, and boasts a workforce of approximately 7,200 employees as of December 2022. The company’s primary objective is to develop the most cutting-edge EVs globally and establish itself as a frontrunner in the luxury electric vehicle market.
3. Nikola
Nikola Corporation, established in 2015 by Trevor Milton, a renowned designer of off-road vehicles, is an American electric vehicle manufacturer. With investments exceeding $1 billion from notable backers such as Bosch, General Electric, and IT execution firm Stifel Nicolaus, Nikola has positioned itself as a key player in the industry. As of 2022, Nikola has reported a current revenue of USD 11.1 million and employs approximately 1,310 individuals as of December 2022. The company strives to redefine the ownership experience and revolutionize transportation perceptions. With a market capitalization of USD 788.47 million as of June 2023, Nikola is making steady progress towards achieving its objectives.
4. Ford Motor Company
Ford entered the realm of electric vehicles (EVs) by introducing the Ford Focus Electric, which, in later model years, offered a modest range of up to 115 miles. However, the company made a significant impact with the launch of the Mustang Mach-E for the 2021 model year. Initially, there was some resistance from traditional Mustang enthusiasts regarding the use of the Mustang name for an electric SUV. Nevertheless, once the dust settled, the Mach-E emerged as one of the most impressive EVs, earning the esteemed Edmunds Top Rated Luxury EV award for 2021. Ford’s EV segment currently generates revenue of 41.5.
5. General Motors
General Motors (GM), headquartered in Detroit, Michigan, USA, stands as a prominent global automobile manufacturer. Renowned for its diverse range of electric models, GM notably introduced the Chevy Bolt, the first affordable electric car with a range exceeding 200 miles. With operations spanning over 100 countries, GM holds a significant presence worldwide and serves as a major employer in the US, with a workforce of over 155,000 employees. Pioneering sustainability, GM has set ambitious targets to diminish its environmental impact and actively advocates for social responsibility.
6. Canoo
Canoo Holdings Ltd., established in 2017 by former BMW executive Ulrich Kranz, is an electric vehicle company with a visionary goal. Canoo aims to create the most efficient EVs globally and position itself as a leader in autonomous electric transportation. With a current revenue of USD 510.55 million, Canoo seeks to provide customers with a unique ownership experience and revolutionize the way people perceive transportation. As of June 2023, the company has made significant progress towards its objectives, evident by its market capitalization of 213.80 USD.
7. Lordsstown Motors
Lordstown Motors Corporation, established in 2019 by former General Motors executive Steve Burns, is an electric vehicle company. With investments exceeding $675 million from notable investors like General Motors and Workhorse Group, Lordstown has achieved a current revenue of USD 383.00 K as of the end of March 2023. The company currently employs approximately 296 individuals as of December 2022.
8. Hyzon Motors
Established in 2017 by former Honda executive Hisashi Tsugami, Hyzon Motors Inc. is an electric vehicle company. It has successfully secured over $200 million in investments from notable investors such as Toyota Tsusho and Sumitomo Corporation. As of 2023, Hyzon’s revenue stands at USD 3.73 million, and the company currently employs approximately 170 individuals as of June 2023. With a market capitalization of 233.07 million USD as of June 2023, Hyzon is making significant progress towards its objectives.
9. Hyliion
Founded in 2015 by former NASA engineer Thomas Healy, Hyliion Inc. is an electric vehicle company. It has successfully secured over $200 million in investments from prominent investors like Carl Icahn and Danaher Corporation. Hyliion recorded revenue of 2.1 million USD in 2020 and currently employs approximately 250 individuals as of 2023. With a market capitalization of $303.79 million as of June 2023, Hyliion is making significant strides towards its objectives.
10. Proterra
Established in 2004 by Dale Hill, who previously designed battery-powered golf carts, Proterra is an American electric vehicle manufacturer. The company has successfully secured over $600 million in investments from notable entities such as General Motors and Volvo. Proterra recorded revenue of USD 118.3 million in 2020 and currently employs approximately 816 individuals as of December 2021. With a market capitalization of $257.05 million as of June 2023, Proterra is making steady progress towards its objectives.
Conclusion
In conclusion, the electric vehicle market in the USA is experiencing rapid growth, fueled by numerous companies that are manufacturing top-notch and inventive EVs. The industry’s expansion is primarily driven by a heightened emphasis on sustainability and carbon emission reduction. As competition intensifies among these companies, it fuels greater innovation and technological advancements, leading to further progress in the electric vehicle sector.
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5G IoT Market: Rising Valuation to Reach US$ 55.1 Billion by 2033, Fueled by Strong CAGR of 31.1% – Future Market Insights, Inc. Report
The 5G IoT market is estimated to capture a valuation of US$ 3.6 billion in 2023 and is projected to reach US$ 55.1 billion by 2033. The market is estimated to secure a CAGR of 31.1% from 2023 to 2033.
The popularity of 5G IoT is notably growing among consumers, driving the global market. The increasing demand for enhanced connectivity with advanced technologies is expanding the 5G IoT market revenue. A few of the factors contributing the global market growth are as follows:
Enhanced Connectivity: The demand for 5G IoT is significantly growing due to offering fast data connection, low latency, and enhanced capacity. It provides seamless connectivity, transmits real-time data, and efficiency. Consumers are widely increasing the adoption of these technologies to work effectively and do their daily tasks quickly.
Expanding Internet of Things: Consumers are increasingly adopting smart devices, connected cars, smart homes, and wearable devices integrated with the Internet of Things. These essential devices are reliable, connected to high-speed internet and work smoothly. Consumers are attracted to these devices and are expanding the Internet of Things.
Industrial Application: End-use industries such as healthcare, agriculture, automation, transportation, and manufacturing drive the global market. These industries are increasing the adoption of 5G IoT to improve automation, productivity, and efficiency to reduce costs.
Improved User Experience: The adoption of 5G IoT offers seamless connectivity and better consumer experiences. Consumers enhance their experience through online streaming, downloading, fast connectivity, and connecting devices. It results in satisfying consumers’ desires.
Growing Ecosystem and Innovation: The popularity of 5G IoT is significantly growing among device manufacturers, technology providers, and service providers. The rising innovations, launching new products, and deploying the Internet of Things continue to propel the global market.
Key Takeaways:- The 5G IoT market is registered to capture a valuation of US$ 55.1 billion with a CAGR of 31.1% during the forecast period.
- Historically, the market secured a valuation of US$ 998.5 million with a CAGR of 29.2% between 2018 and 2022.
- The United States is leading the global market by securing a maximum share of 15.4% by 2033.
- With a share of 10.2%, Germany is significantly driving the global market during the forecast period.
- Japan is estimated to register a share of 5.4% in the global market by 2033.
The essential key players that invest their amount in research and development activities consolidate the market. These players are taking efforts to carry out better and improve products through their research activities to drive the global market.
Key players are focused on observing consumers’ requirements and offering them high-quality products as per their needs. These players are further adopting several marketing strategies to flourish in the global market, which include agreements, collaborations, mergers, partnerships, and product launches.
Recent Developments in the Global Market:Ericsson is a telecommunication company that offers advanced 5G IoT services to various end-use companies. They offer high-speed internet, advanced technology solutions, and enhanced consumer experiences.
Nokia focuses on developing their product and services by collaborating with industry partners. They offer their services to the manufacturing, transportation, and energy sectors.
The post 5G IoT Market: Rising Valuation to Reach US$ 55.1 Billion by 2033, Fueled by Strong CAGR of 31.1% – Future Market Insights, Inc. Report appeared first on ELE Times.
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