Artificial Intelligence
Automotive Engine Management System Market by Vehicle Type, Engine Type, Components, Communication Bus and Region – Global Industry Trends & Forecast to 2025
Dublin, March 01, 2021 (GLOBE NEWSWIRE) — The “Automotive Engine Management System Market by Vehicle Type (Passenger Car, LCV, & HCV), Engine Type (Gasoline & Diesel), Components (ECU, Sensors- Temperature, Position, Oxygen, & Knock), Communication Bus & Region – Industry Trends & Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global engine management system market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period.
The major driving factors for the engine management system industry are stringent emission norms, fuel efficiency regulations and growing vehicle production around the globe. However, increasing sales of electric vehicles due to attractive government incentives are expected to impact the engine management system market.
The automotive industry plays a crucial role in building the global economy. However, the COVID-19 outbreak disrupted the whole automotive supply chain on a global scale in the first 6-7 months of 2020. The pandemic presented an uncertain recovery timeline for the automotive industry due to the lockdown implementation and shutdown of manufacturing facilities in various parts of the world. The automotive industry faced four major challenges amid COVID-19 – limited supply of vehicle parts, drop in new vehicle sales, the shutdown of production facilities, and decline in working capital. As the engine management system market is dependent on vehicle production, this market is expected to be impacted due to this outbreak. However, with growing normalcy and momentum in vehicle production, the engine management system market is expected to pick up pace in the coming years.
Position Sensors are estimated to be the fastest-growing and largest market share of the sensor segment
Position sensors are must-have sensors inside an engine management system of any kind of vehicle. Position sensors generally consist of throttle position, camshaft position, crankshaft position, and EGR position sensors. All above mentioned position sensors are installed in every vehicle owing to which the demand for position sensors is estimated to grow as the growing vehicle production across the globe. Moreover, the number of position sensors installed in each vehicle are multiple the growth rate for the position sensors market is also estimated to grow at the highest CAGR during the forecast period.
Passenger cars are expected to be the largest vehicle segment of the engine management system market
The growing population has increased the overall demand for Passenger cars across the globe. Passenger car production accounts for more than 75% of total vehicle production across the globe. Moreover, due to betterment in income opportunities and increasing disposable income demand for vehicles is estimated to increase in countries such as India, Mexico and Brazil. Which will drive the market for engine management system market in the forecast period.
Asia Pacific is estimated to be the largest geographical segment of the engine management system market
The upcoming emission norms in the Asia Pacific are the most prominent driving forces for the engine management system market. For instance, China implemented China 6a & 6b, India implemented BS VI norms in 2020. Also, At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for better emission technologies and better engine performance. Thus, the market for engine management systems in the region is expected to grow significantly in the coming years.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Automotive Engine Management System Market
4.2 Automotive Engine Management System Market, by Sensor Type
4.3 Automotive Engine Management System Market, by Fuel Type
4.4 Automotive Engine Management System Market, by Vehicle Type
4.5 Automotive Engine Management System Market, by Component
4.6 Automotive Engine Management System Market, by Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Improved Vehicle Performance
5.2.1.2 Stringent Emission and Fuel Economy Standards
5.2.2 Restraints
5.2.2.1 Decreasing Diesel Passenger Car Sales
5.2.2.2 High Cost
5.2.3 Opportunities
5.2.3.1 Benefits to Related Markets
5.2.3.2 Replacement of Ecus due to Increasing Average Life of Vehicles
5.2.4 Challenges
5.2.4.1 Design and Development of a System That Complies with Increasingly Tougher Emission Standards
5.2.5 Burning Issue
5.2.5.1 Fault in Components
5.3 Automotive Engine Management System Market Scenario
5.3.1 Most Likely Scenario
5.3.2 Low Impact Scenario
5.3.3 High Impact Scenario
5.4 Supply Chain Analysis
5.5 Automotive Engine Management Systems Market Ecosystem
5.6 Average Selling Price Trend
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.1.1 Forward/Backward Integration by Tier-I Suppliers and OEMs
6.3.1.2 High Capital Investments
6.3.2 Threat of Substitutes
6.3.2.1 Only Technologically Advanced Components Can Replace Older Versions
6.3.3 Bargaining Power of Buyers
6.3.3.1 Long-Term Supply Contracts
6.3.3.2 Customized Products
6.3.4 Bargaining Power of Suppliers
6.3.4.1 Well-Established Players with Excellent Supply and Distribution Network
6.3.4.2 Technological Expertise
6.3.5 Intensity of Competitive Rivalry
6.4 Regulatory Landscape
6.4.1 Pest Analysis
6.4.1.1 Political Factors
6.4.1.2 Economic Factors
6.4.1.3 Social Factors
6.4.1.4 Technological Factors
6.4.2 Key Pointers while Entering Market
6.4.3 Regulatory Impact on the Market
6.4.3.1 Decreased Tail-Pipe Emission Limits Leading to Vehicle Light-Weighting Trend
6.5 Engine Management System
6.6 Technology Analysis
6.6.1 Complementary Technology
6.6.1.1 Powertrain Control Module
6.6.2 Key Technology
6.6.2.1 Role of Obd in Engine Management System
6.6.2.2 Obd-I Link
6.6.2.2.1 Obd-Ii
6.6.3 Adjacent Technology
6.6.3.1 Programmable & Non-Programmable Engine Control Unit
6.7 Patent Analysis
6.8 Case Study Analysis
6.8.1 Artificial Intelligence Enters Automotive Component Development
6.8.2 Ford Motors Working on Machine Learning for Engine Components
7 Engine Management System Market, by Communication Technology
7.1 Introduction
7.2 Can (Controller Area Network)
7.2.1 Can Physical Layers
7.2.1.1 High-Speed/Fd
7.2.1.2 Low-Speed/Fault-Tolerant Can Hardware:
7.2.1.3 Single-Wire Can Hardware:
7.2.1.4 Software-Selectable Can Hardware:
7.2.2 Can Terminology
7.2.3 Can Database Files:
7.3 Lin (Local Interconnect Network)
7.4 Flexray
8 Automotive Engine Management System Market, by Fuel Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights
8.2 Gasoline Engine Management System
8.3 Diesel Engine Management System
9 Automotive Engine Management System Market, by Component
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Industry Insights
9.2 Ecu
9.3 Sensors
10 Engine Management System Market, by Sensor Type
10.1 Introduction
10.1.1 Research Methodology for Sensor Type Segment
10.1.2 Assumptions
10.1.3 Key Industry Insight
10.2 Oxygen Sensor
10.3 Temperature Sensor
10.4 Position Sensor
10.5 Knock Sensor
10.6 Other Sensors
11 Automotive Engine Management System Market, by Vehicle Type
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
11.2 Passenger Car
11.3 Light Commercial Vehicle (LCV)
11.4 Heavy Commercial Vehicle (HCV)
12 Automotive Engine Management System Market, by Region
12.1 Introduction
12.2 Asia-Pacific
12.3 Europe
12.4 North America
12.5 Rest of the World
13 Competitive Landscape
13.1 Overview
13.2 Automotive Engine Management System Market Share Analysis, 2019
13.3 Revenue Analysis of Top 5 Players
13.4 Market Evolution Framework
13.5 Company Evaluation Quadrant
13.5.1 Star
13.5.2 Emerging Leaders
13.5.3 Pervasive
13.5.4 Participants
13.6 Strength of Product Portfolio
13.7 Business Strategy Excellence
13.8 Competitive Scenario
13.8.1 Expansion
13.8.2 Acquisitions
13.8.3 Supply Contract/Agreement/Collaboration
13.8.4 Joint Venture
13.8.5 New Product Development
13.9 Right to Win
14 Company Profiles
14.1 Robert Bosch GmbH
14.2 Continental Ag
14.3 Denso Corporation
14.4 Borgwarner
14.5 Hella KGaA Hueck & Co.
14.6 Hitachi Automotive Systems, Ltd.
14.7 Valeo S.A.
14.8 Infineon Technologies Ag
14.9 Sensata Technologies Holding Nv
14.10 Ngk Spark Plug Co., Ltd
14.11 Sanken Electric Co., Ltd.
14.12 Additional Company Profiles
14.12.1 North America
14.12.1.1 Cts Corporation
14.12.1.2 Ksr International
14.12.1.3 Dura Automotive Systems
14.12.2 Europe
14.12.2.1 Nxp Semiconductor
14.12.2.2 TE Connectivity
14.12.2.3 STMicroelectronics
14.12.2.4 ZF Friedrichshafen
14.12.3 Asia-Pacific
14.12.3.1 Nissan Corporation
14.12.3.2 Jtekt Corporation
14.13 Engine Management Systems Component Suppliers
14.13.1 Allegro Microsystems, LLC
14.13.2 Analog Devices
14.13.3 on Semiconductor
14.13.4 S&T Motiv Co., Ltd.
14.13.5 Melexis
14.13.6 Elmos Semiconductor Ag
14.13.7 Allied Motion, Inc.
14.13.8 Schaeffler Technologies AG & Co. Kg
14.13.9 Ntn Corporation
14.13.10 Sorl Auto Parts, Inc.
15 Analyst’s Recommendations
15.1 Asia-Pacific Will be Key Market for Automotive Engine Management Systems
15.2 Growing Gasoline Market
15.3 Conclusion
16 Appendix
16.1 Discussion Guide
For more information about this report visit https://www.researchandmarkets.com/r/ep8p1n
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Artificial Intelligence
Clarivate Declares Dividend on Mandatory Convertible Preferred Shares
LONDON, May 1, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT; CLVT PR A) (“Clarivate”), a leading global provider of transformative intelligence, today announced that its board of directors declared a quarterly dividend of $1.3125 per share on its 5.25% Series A Mandatory Convertible Preferred Shares (the “Preferred Shares”), payable in cash on June 3, 2024 to shareholders of record at the close of business on May 15, 2024.
On the mandatory conversion date, which is scheduled to occur on June 3, 2024, each Preferred Share will automatically and mandatorily convert into a number of ordinary shares of Clarivate (and cash in lieu of any fractional ordinary shares) based on the average volume weighted average price (“VWAP”) of Clarivate’s ordinary shares over a 30-trading day period that begins on, and includes, April 18, 2024 and is scheduled to end on, and include, May 30, 2024 (the “valuation period”). If such VWAP is (i) greater than $31.20, then the mandatory conversion rate will be 3.2052 ordinary shares of Clarivate per Preferred Share, (ii) less than or equal to $31.20 but equal to or greater than $26.00, then the mandatory conversion rate will be a number of ordinary shares of Clarivate per Preferred Share equal to $100.00 divided by such VWAP and (iii) less than $26.00, then the mandatory conversion rate will be 3.8462 ordinary shares of Clarivate per Preferred Share. The mandatory conversion rate will be announced following the end of the valuation period. The above description of the terms of the Preferred Shares is not complete and is subject to, and qualified in its entirety by reference to, the “Statement of Rights” for the Preferred Shares, which is filed as Exhibit 3.2 to Clarivate’s annual report on Form 10-K for the fiscal year ended December 31, 2023.
Cautionary Note Regarding Forward-Looking Statements
This communication contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future business, events, trends, contingencies, financial performance, or financial condition, appear at various places in this communication and may use words like “aim,” “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “future,” “goal,” “intend,” “likely,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “see,” “seek,” “should,” “strategy,” “strive,” “target,” “will,” and “would” and similar expressions, and variations or negatives of these words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. These forward-looking statements involve a number of risks and uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include those factors discussed under the caption “Risk Factors” in our annual report on Form 10-K, along with our other filings with the U.S. Securities and Exchange Commission (“SEC”). However, those factors should not be considered to be a complete statement of all potential risks and uncertainties. Additional risks and uncertainties not known to us or that we currently deem immaterial may also adversely affect our business operations. Forward-looking statements are based only on information currently available to our management and speak only as of the date of this communication. We do not assume any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, except as otherwise required by securities and other applicable laws. Please consult our public filings with the SEC or on our website at www.clarivate.com.
About Clarivate
Clarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com.
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Artificial Intelligence
CGTN: 3rd CMG Forum in Beijing discusses AI development
BEIJING, May 1, 2024 /PRNewswire/ — Focusing on the development of AI, the third CMG Forum was held on Monday in Beijing.
Li Shulei, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and the head of the Publicity Department of the CPC Central Committee, attended the opening of the event and delivered a speech.
Guests at the forum stressed the role of media in promoting the innovative application of AI as well as its governance.
Efforts should also be made to boost the development of AI in creating positive, healthy, diverse and high-quality content, so that AI can become a force for good and benefit mankind, they agreed.
They also called on media to accelerate intelligent transformation and help bridge international exchanges and cooperation on the governance of AI to facilitate its healthy, orderly and safe development.
Hosted by China Media Group (CMG), the forum attracted more than 200 participants from international organizations, media, think tanks and multinational companies.
“Innovation and breakthroughs in science and technology not only guide the development and progress of human civilization, but also bring uncertainty to the changing world,” said Shen Haixiong, vice minister of the Publicity Department of the CPC Central Committee and president of CMG. He called for efforts to jointly create valuable and responsible artificial intelligence.
AI technology is affecting every aspect of our lives. Thomas Bach, president of the International Olympic Committee (IOC), stated in a video speech that CMG has always been a partner of the IOC, bringing the charm of the Olympic Games to hundreds of millions of Chinese viewers. He said the IOC invites CMG to work together for the creation of a future with the application of AI in Olympic sports.
“From ancient inventions such as silk, printing and the compass to modern technological advances such as robotics, telecommunications and green technology, China has always been committed to innovation and creation,” said Daren Tang, director general of the World Intellectual Property Organization (WIPO). He said WIPO pays close attention to ensuring a balance between the opportunities and risks of artificial intelligence and is committed to strengthening cooperation to ensure that artificial intelligence is properly used.
https://news.cgtn.com/news/2024-04-30/3rd-CMG-Forum-in-Beijing-discusses-AI-development-1tdDcXvCexG/p.html
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Artificial Intelligence
Trianz Appoints Sridhar Kannan as Practice Leader – Digital, Elevating its Leadership in the Global Digital Transformation Space
SANTA CLARA, Calif., May 1, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Sridhar Kannan as Practice Leader – Digital. With over 25 years of extensive experience in technology and business leadership, Sridhar joins Trianz to lead the expansion of Trianz’s Digital Practice, forging strategic alliances and expanding the business footprint.
Sridhar’s appointment comes at a transformative phase for Trianz as it solidifies its commitment to redefining the digital landscape with an “IP Led” model. This strategic shift is powered by Trianz’s cutting-edge hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace. Sridhar’s visionary leadership in technology-led business transformations across diverse sectors will be instrumental in leveraging IP-led models and innovative methodologies to position Trianz at the forefront of digital transformation.
“We are thrilled to welcome Sridhar Kannan to the Trianz family,” said Seshi Vanguru, Chief Revenue Officer at Trianz. “His appointment marks a significant stride in Trianz’s journey toward innovation and excellence. Sridhar’s wealth of experience and exceptional leadership skills will elevate our Digital Practice to new heights, reaffirming our commitment to delivering exceptional value to our clients.”
Sridhar is recognized as a client-focused technology and business transformation executive with a remarkable track record of helping Banking and Financial Services organizations in business transformation and product innovation using applications, cloud, data, and digital solutions. His extensive prior experience at industry giants such as Wipro, Cognizant, and Infosys include successfully leading Fortune 10 global client relationships and implementing transformative solutions across Banking, Financial Services, and Healthcare industries. Sridhar is highly regarded for his ability to lead global cross-functional teams, foster collaboration, and achieve aggressive business goals while consistently delivering high levels of client satisfaction.
“I am deeply honored to join Trianz and contribute to its mission of shaping the future through digital transformation,” said Sridhar. “Together, we will push the boundaries of what’s possible and drive meaningful impact for our clients in this rapidly evolving digital landscape.”
Based out of Minnesota, US, Sridhar has steered numerous clients towards success through the strategic application of Digital, Cloud, Product Engineering, Data, AI, and Application services, making him a seasoned strategist in today’s dynamic digital landscape. His appointment marks a significant milestone in Trianz’s journey to nurturing talent and delivering world-class solutions.
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our “IP Led Transformations” approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media Team : [email protected]+1-408-387-5800
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