Pune, June 11, 2020 (GLOBE NEWSWIRE) — The global air traffic control market size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth. The modernization of airline fleet in different parts around the world will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Air Traffic Control Market Size, Share and Industry Analysis, by Point of Sale (Hardware, Software, and Services), By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, and Automation), By Airport Size (Small, Medium, and Large), and Regional Forecast, 2020- 2027” the market size stood at USD 8.90 billion in 2019The recent coronavirus outbreak has had an adverse impact on majority of the businesses across the world. Accounting to the strict measures taken by governments of major countries, it has become increasingly difficult to carry out business operations. The report will include the impact of the Covid-19 pandemic on the global. It will also include the strategies that major companies are adopting to overcome the downfalls during this pandemic.We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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The market report offers an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.Market Driver:Surge in Air Passenger Traffic to Promote ATC EmploymentThe development of cost-effective domestic flights by airlines to better serve the snowballing travelers will subsequently foster the growth of the market. The prospering aviation industry will create lucrative business openings for the market in the forthcoming years. The rising passenger preference for air travel will support the growth of the market. Moreover, the increasing government funding for robust air transportation in the emerging nations will contribute positively to the growth of the market. According to the International Air Transport Association, an additional 44% of air passenger traffic is expected to come from China and India in the next ten years. The upgradation of existing ATC equipment systems to advanced automatic ATC systems with an aim to enhance the overall efficacy of flight travels and diminish ground-based accidents. This factor is likely to aid the air traffic control market growth in the foreseeable future. In addition, the implementation of artificial intelligence (AI) to increase operational efficiency and productivity in ATC systems will further encourage the growth of the market.Regional Analysis:Presence of Well-known Companies to Augment Growth in North AmericaThe market in North America stood at USD 3.15 billion in 2019 and is expected to remain dominant during the forecast period owing to the presence of major companies such as Raytheon Technologies, Honeywell International Inc., Northrop Grumman Corporation, and others. The increasing partnerships and acquisitions of key players can be another vital factor in boosting the market in North America. For instance, in April 2020, the merger between Raytheon Company and United Technologies Corporation to deliver advanced technologies to the airports and defense authorities. Europe is predicted to hold the largest share in the market during the forecast period due to the growing investment in the modernization of conventional ATC systems with technologically advanced real-time ATC systems. The escalating focus on smart and green airports will accelerate the market in Europe. Asia Pacific is predicted to grow rapidly during the forecast period owing to the rising air passenger traffic at domestic airports and international airports in countries such as India and China.
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Key Development:April 2019: Thales Group announced the acquisition of Gemalto, a leader in international digital security services. The new development of the company will strengthen the digital identity and security of Thales Group besides, improving its position in the industry.BAE Systems (The U.S.)Cyrrus Limited (The U.K)Indra Sistemas, S.A. (Japan)Honeywell International Inc. (The U.S.)L3Harris Technologies Inc. (The U.S.)Raytheon Technologies (The U.S.)Saab AB (Sweden)Leonardo S.p.A (Italy)Thales Group (France)Westminister Group Plc. (The U.K)IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Industry Developments –Contracts & Agreements, Mergers, Acquisitions and PartnershipsLatest technological AdvancementsPorters Five Forces AnalysisSupply Chain AnalysisGlobal Air Traffic Control Market Analysis, Insights and Forecast, 2016-2027Key Findings / SummaryMarket Analysis, Insights and Forecast – By Point of SaleHardwareSoftwareServicesMarket Analysis, Insights and Forecast – By AirspaceAir Route Traffic Control Centers (ARTCC)Terminal Radar Approach Control (TRACON)Air Traffic Control Tower (ATCT)Remote Tower (RT)Market Analysis, Insights and Forecast – By ApplicationCommunicationNavigationSurveillanceAutomationMarket Analysis, Insights and Forecast – By Airport SizeSmallMediumLargeMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia PacificMiddle East and AfricaLatin AmericaTOC Continued…!!!Antenna, Transducer and Radome (ATR) Market Size, Share and Covid-19 Impact Analysis, by Component (Antenna, Transducer, and Radome), By Technology (Radar, Communication and Sonar), By Application (Commercial, Defense, and Homeland Security), and Regional Forecast, 2020 – 2027
Air Traffic Management & Consulting Market Size, Share and Covid-19 Impact Analysis, by System (Air Traffic Services, Airspace Management, Air traffic Flow Management, Aeronautical Information Management), By Component (Hardware, Software), By End Use(Commercial, Tactical), and Regional Forecast, 2020- 2027
Aircraft Line Maintenance Market Size, Share & COVID-19 Impact Analysis, By Type (Transit Checks, and Routine Checks), By Aircraft Type (Commercial, Military), By Platform (Traditional Line Maintenance, Digital Line Maintenance), By Service (Engine and APU Service, Component Replacement and Rigging Services, Aircraft On Ground Service, and Others) and Regional Forecasts, 2020-2027
Airport Services Market Size, Share & COVID-19 Impact Analysis, By Type (International, and Domestic), By Application (Aeronautical Services, Non-Aeronautical Services), By Infrastructure Type (Greenfield Airport, Brownfield Airport), and Regional Forecast, 2020-2027Passenger Security Market Size, Share & Industry Analysis, By End-User (Railway, Airport, Seaport), By Security Solution (Explosive Trace Detector, Access Control, Baggage Inspection System, Fire Safety and Detection System, Biometric System) and Regional Forecast, 2019-2026Smart Airport Market Size, Share & Industry Analysis, By Platform (Hardware Systems, Data Management, Software Systems, and Others), Airport Model (Airport 2.0, Airport 3.0, and Airport 4.0), Airport Size (Small, Medium, and Large), Application (Airside, Landside, Terminal Side), Airport Operation (Aeronautical and Non-aeronautical), and Regional Forecasts, 2020- 2027
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The Global Autonomous Vessels Market is expected to grow from USD 13,769.50 Million in 2019 to USD 21,784.01 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.94%
New York, July 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Autonomous Vessels Market Research Report by Fit, by Type, by Automataion, by Solution, by Users – Global Forecast to 2025 – Cumulative Impact of COVID-19” – https://www.reportlinker.com/p05913503/?utm_source=GNW
On the basis of Fit, the Autonomous Vessels Market is studied across Line Fit and Retrofit.Clare: firstname.lastname@example.org
Intl: +1 339-368-6001
CORRECTION – OMNIQ’s Artificial Intelligence-Based Quest Shield™ Solution Selected by the Talmudical Academy of Baltimore
SALT LAKE CITY, July 10, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on June 1, 2020 by OMNIQ, Inc. (OTCQB:OMQS), please be advised that the second paragraph as originally issued contained certain inaccuracies, not related to financial results or projections, which have been corrected below.Quest Shield™ security package provides a proactive ground-breaking cloud-based solution for crime prevention on campuses and in schools using automatic Machine Vision detection and identification of vehicles by license plate, make and color via an AI-based identification algorithm
Real-time alert and notification to law enforcement authorities to actively prevent potential tragediesTechnology developed in Israel, previously deployed with success in sensitive security zones in the U.S., Middle East and elsewhereAddressing Covid-19 concerns, students will be equipped with a contactless, readable ID tag verifying pre-screened temperature test clearanceTalmudical Academy in Baltimore has over 1,000 students and is part of the Chofetz Haim educational chain with more than 35 locations in the U.S., Canada and IsraelOMNIQ, Inc. (OTCQB:OMQS) (“OMNIQ” or “the Company”), announces that it has been selected to deploy its Quest Shield™ campus safety solution at the Talmudical Academy of Baltimore in Maryland.The Quest Shield™ security package uses the Company’s AI-based SeeCube™ technology platform, a ground-breaking cloud-based/on-premise security solution for Safe Campus/School applications. The platform provides unique AI-based computer vision technology and software to gather real-time vehicle data, enabling the Quest Shield™ to identify and record images of approaching vehicles including color, make and license plate information. The license plate is then compared against the school’s internal watch list to provide immediate notifications of unauthorized vehicles to security and administrative personnel. In addition to providing a vehicle identification and recognition solution to the Talmudical Academy, the Quest Shield™ comprehensive security platform addresses other security concerns including controlling access to the buildings and visitor management as well as the ability to pre-register guests for school activities. Additionally, as part of COVID-19 mitigation, parents in Maryland will be asked to take and record their child’s temperature each day before they leave for school. Quest Shield™ will automate this process, by providing parents an online form where they may record the temperature. All Talmud Academy students will be equipped with an ID tag that will have a QR code that can be read with a barcode scanner. As students enter campus, faculty equipped with Quest handheld scanners will read the barcode to confirm that the student’s temperature has been taken that day; if the form has not been filled in, faculty will check temperatures before allowing students inside. Shai Lustgarten, CEO of OMNIQ, commented: “It is our privilege to work with the Talmudical Academy to provide our solution to enhance safety at their Baltimore campus. Quest Shield™ is an extension of the homeland security solution we designed for the Israeli authorities to fight terrorism and save lives.”Rabbi Yaacov Cohen, Executive Director, Talmudical Academy of Baltimore, commented: “Concern about campus safety and the safety of our students and faculty drove the Talmudical Academy to seek ways to implement new strategies aimed at preventing crimes and violence that may be committed on the school grounds. The unfortunate reality today is that situations we could never imagine just a few years ago are happening now with increasing regularity. Most security systems that are currently being deployed on other campuses are good at recording events subsequent to crimes being committed. With Quest Shield™, we have an opportunity to alert personnel and Law Enforcement ahead of any sign of violence.”Mr. Lustgarten added: “The Quest Shield™ has been tailored to provide a proactive solution to improve security and safety in schools and on campuses as well as community centers and places of worship in the U.S. that have unfortunately become a target for ruthless attacks. We’re pleased to work with a forward-thinking organization like the Talmudical Academy, it is gratifying that the Academy selected the Quest Shield™ platform to strengthen its security precautions.”“Additionally, many schools and communities are expressing concern around children returning to school in the fall due to COVID-19. With that in mind, Talmudical Academy will also employ the Quest Shield™ to provide an automated screening process to confirm that students have had their temperatures checked, per Maryland regulation, upon their arrival on campus and prior to them entering the school facilities.”Mr. Lustgarten concluded, “We are proud to be able to improve student safety in the U.S., as well as in other vulnerable communities. Quest Shield™ has previously been implemented by a pre-K through Grade 12 school in Florida and at a Jewish Community Center in Salt Lake City. We look forward to working closely with the Academy and other institutions to promote the health and safety of students, faculty and support personnel.”About OMNIQ, Corp.
OMNIQ Corp. (OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments.
OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad.
The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. Information about Forward-Looking Statements
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at http://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.Investor Contact:
John Nesbett/Jen Belodeau
IMS Investor Relations
U.S. Dairy Delivers Sustainable Ingredient Solutions + Global Product Inspirations
Arlington, VA, July 10, 2020 (GLOBE NEWSWIRE) — The versatility and functionality of U.S. dairy ingredients will be on display, virtually, at the Institute of Food Technologists (IFT) annual expo, being held next week. At a pre-IFT special access webinar held July 7, the U.S. Dairy Export Council (USDEC)’s leadership shed light on the U.S. dairy industry’s ambitious sustainability goals for 2050, announced upcoming scientific sessions and previewed exciting technical and innovation resources for IFT attendees to learn how U.S. Dairy delivers on consumer demand for global taste adventures, balanced nutrition and sustainable food production.Education around the industry’s sustainability efforts is a key component of USDEC’s virtual IFT presence this year, as it aims to shine a light on the aggressive new environmental stewardship goals set this spring which include becoming carbon neutral or better by 2050 in addition to optimizing water usage and improving water quality. These goals build on a decades-long commitment to producing nutritious dairy foods that can feed a growing global population in the most economically viable and socially responsible way. They align with the United Nations Sustainable Development Goals, specifically those focused on food security, human health and responsible stewardship of natural resources, including animals.“We want to be the source of choice when you think about a partner who can not only help nourish people, but also the planet,” said Krysta Harden, Executive Vice President of Global Environmental Strategy for Dairy Management Inc. and Interim Chief Operating Officer at USDEC, during the webinar. “Collectively passing new and aggressive goals is just one way U.S. Dairy can prove we are a global leader in this area.”Consumers and manufacturers alike might be surprised to learn that of all greenhouse gas emissions in the United States, the dairy industry — from feed production to post-consumer waste — currently contributes only 2%. USDEC developed a short quiz to encourage people to test their sustainability knowledge and learn other fun facts.“Innovation continues despite these challenging times and U.S. Dairy resources and expertise can support successful product development,” said Vikki Nicholson-West, Senior Vice President – Global Ingredient Marketing at USDEC. “We’re thrilled to have Krysta’s talents and sustainability focus on board as our new interim COO, guiding our extensive network of staff and representatives around the world.”USDEC’s virtual IFT presence this year also serves as an opportunity to virtually travel and visually experience foods from around the world through a showcase of globally-inspired, fusion-style menu/product prototype concepts. From drinks to desserts, these examples capitalize on popular trends such as the popularity of Latin American influences. For example, high quality dairy ingredients such as Greek-style yogurt, whey protein, milk permeate, paneer cheese and butter round out a savory empanada that boasts 85g of protein. WPC 34 adds quality protein to a Piña Colada (alcoholic or non-alcoholic), providing extra refreshing permission for indulgence.Beyond learning about U.S. dairy’s sustainability journey and seeing innovative product concepts at USDEC’s virtual IFT booth, there are also a variety of dairy-related online scientific symposia debuting that navigate the evolving processing and nutritional landscape, particularly addressing the important role of sustainable food production and the challenge of providing valuable nutrition to the growing global population. These include:Protein Processing 2.0— Next Gen Scalable Technologies for Advancing the Functionalization and Sustainable Production of Protein IngredientsArtificial Intelligence and Machine Learning – For a Safer, Better, and Sustainable FoodNutrient Profiling – From the Global Landscape to the Evidence BasePlant-based eating patterns vs. plant-based foods – Why distinguishing between the two is vital for industry, research, and consumersTo learn more about how U.S. Dairy is delivering sustainable ingredient solutions and global product inspirations during virtual IFT, visit ThinkUSAdairy.org/IF20. ### About U.S. Dairy Export CouncilThe U.S. Dairy Export Council® (USDEC) is a nonprofit, independent membership organization that represents the global trade interests of U.S. dairy producers, proprietary processors and cooperatives, ingredient suppliers and export traders. USDEC aims to enhance U.S. global competitiveness through programs in market development that build global demand for U.S. dairy products, resolve market access barriers and advance industry trade policy goals. As the world’s largest producer of cow’s milk, the U.S. dairy industry offers a sustainably produced, world-class and ever-expanding portfolio of cheese varieties as well as nutritional and functional dairy ingredients (e.g., skim milk powder, lactose, whey and milk proteins, permeate). USDEC, together with its network of overseas representatives around the world, also works directly with global buyers and end-users to accelerate customer purchasing and innovation success with quality U.S. dairy products and ingredients.Attachment07102020 release photoErica Davis
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