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JIDU Raises Nearly $400 Million in Series A Financing, Mass-produced Models to Be Launched in 2023

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Baidu’s intelligent electric vehicle arm JIDU announced that it has closed Series A financing, raising nearly $400 million. This round of financing was backed by Baidu and its strategic partner multinational auto manufacturer Zhejiang Geely Holding Group (“Geely”).

With the completion of financing, JIDU is set to continue accelerating the progress in R&D and achieving mass production. The brand’s first Robocar concept car will be unveiled at the Beijing Auto Show in April this year, with a mass-produced model set to be launched in 2023.

In January 2021, Baidu announced its plan to enter the automotive industry by launching a smart car company. In March, JIDU was established and received over $300 million in start-up capital. Now, in the span of only ten months, JIDU has received a new round of financing. JIDU is widely recognized by the industry for its innovative product development process and the speed at which it has developed its first model, outperforming the industry average.

The success of the new round of financing will help JIDU accelerate its R&D and mass production of the Robocar. Moving forward, JIDU will expand its R&D team with a focus on talent acquisition, especially in fields including advanced autonomous driving, smart cockpit and smart manufacturing. JIDU will also build up a system to facilitate user growth and market operation. By 2023, JIDU aims to present to the world a Robocar with outstanding user experience and cost-effectiveness, setting an industry benchmark for smart cars.

As an important strategic initiative by Baidu in the field of intelligent mobility, JIDU is committed to creating a revolutionary Robocar that combines both intelligence and emotion, leading to a profound change in transportation. “It has only been 10 months since JIDU started its journey,” said Yiping Xia, CEO of JIDU. “With the support of cutting-edge AI technology combined with a high-quality vehicle platform and manufacturing process, JIDU’s efficient development of automotive robot has been proven – the brain, nerve system, and body of the Robocar are all under rapid development. When the product is delivered (in 2023), it will be a benchmark-level product.”

Xia continued, “I would like to express my special thanks to the entire team who accompanied this project from the scratch. Moving on, we will continue to focus on product development and build our business network to quickly move forward. Our goal, as always, is to provide users with more revolutionary products that exceed expectations.”

Neuromorphic Computing Market – Global Growth, Trends, COVID-19 Impact, and Forecasts to 2030

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Dublin, Jan. 26, 2022 (GLOBE NEWSWIRE) — The “Neuromorphic Computing Market By Offering, Deployment, Application, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

The global neuromorphic computing market size is expected to reach $8.58 billion by 2030 from $0.26 billion in 2020, growing at a CAGR of 79.00% from 2021 to 2030. Neuromorphic computing utilizes an engineering approach or method-based on the activity of the biological brain. This type of approach can make technologies more versatile and adaptable, and promote more vibrant results than other types of traditional architectures Neuromorphic computing achieves brain such as function and efficiency by building artificial neural systems, which implements neurons and synapses to transfer electrical signals using analog circuitry. This enables them to modulate the amount of electricity flowing between those nodes to mimic varying degrees of strength that naturally occurring brain signals.

Growth in the popularity of deep learning and neural networks has spurred a race to develop AI-hardware specialized for neural network computations. Among the handful of trends that have emerged in the past few years is neuromorphic computing, which has shown promising growth, owing to its similarities to biological and artificial neural networks.

Prominent factors that impact the neuromorphic computing market growth include a rise in demand for artificial intelligence and machine learning technology, high usage of software in neuromorphic computing, and a rise in demand for better performing integrated circuits (ICs). However, the rise in complexity of algorithms and backend operations restricts the market growth. On the contrary, an increase in the adoption of neuromorphic chips in the automotive industry is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect the global neuromorphic computing industry during the forecast period.

The global neuromorphic computing market is segmented on the basis of offering, deployment, application, industry vertical, and region. By offering, the market is bifurcated into hardware and software. The hardware segment is further sub segmented into processor and memory. By deployment, the market is divided into edge computing and cloud computing. By application, it is fragmented into image recognition, signal recognition, data mining, and others. Depending on industry vertical, it is separated into consumer electronics, automotive, IT & telecom, aerospace & defense, industrial, healthcare, and others.

Region-wise, the neuromorphic computing market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, owing to rise in awareness regarding benefits of neuromorphic computing in industries such as aerospace, military & defense, and healthcare.

Key Market Segments

By Offering

  • Hardware
  • Processor
  • Memory
  • Software

By Deployment

  • Edge Computing
  • Cloud Computing

By Application

  • Image Recognition
  • Signal Recognition
  • Data Mining
  • Others

By Industry Vertical

  • Automotive
  • IT & Telecom
  • Aerospace & Defense
  • Industrial
  • Healthcare
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Players

  • IBM Corporation
  • Intel Corporation
  • BrainChip Holdings Ltd.
  • Qualcomm Incorporated
  • Hewlett Packard Development LP
  • Samsung Electronics Ltd.
  • General Vision Inc.
  • Applied Brain Research Inc.
  • Numenta
  • Vicarious

Key Topics Covered:

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping the neuromorphic computing
3.3. Patent analysis
3.3.1. By region, 2012-2020
3.3.2. By applicant, 2012-2020
3.4. Covid-19 impact analysis
3.4.1. COVID-19 outbreak
3.4.2. Impact on market size
3.4.3. End user trends, preferences, and budget impact
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rising demand for artificial intelligence and machine learning technology
3.5.1.2. High usage of software in neuromorphic computing
3.5.1.3. Increasing demand for better performing integrated circuits (ICs)
3.5.2. Restraint
3.5.2.1. Increasing complexity of algorithms and backend operations
3.5.3. Opportunity
3.5.3.1. Rising adoption of neuromorphic chips in the automotive industry

CHAPTER 4: NEUROMORPHIC COMPUTING MARKET, BY OFFERING
4.1. Overview
4.2. Hardware
4.3. Software

CHAPTER 5: NEUROMORPHIC COMPUTING MARKET, BY DEPLOYMENT
5.1. Overview
5.2. Edge Computing
5.3. Cloud Computing

CHAPTER 6: NEUROMORPHIC COMPUTING MARKET, BY APPLICATION
6.1. Overview
6.2. Image Recognition
6.3. Signal Recognition
6.4. Data Mining
6.5. Others

CHAPTER 7: NEUROMORPHIC COMPUTING MARKET, BY INDUSTRY VERTICAL
7.1. Overview
7.2. Consumer electronics
7.3. Automotive
7.4. IT & Telecom
7.5. Aerospace & Defense
7.6. Industrial
7.7. Healthcare
7.8. Others

CHAPTER 8: NEUROMORPHIC COMPUTING MARKET, BY REGION
8.1. Overview
8.2. North America
8.3. Europe
8.4. Asia-Pacific
8.5. LAMEA

CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.1.1. Market player positioning, 2020
9.2. Top winning strategies
9.3. Competitive dashboard
9.4. Competitive heatmap

CHAPTER 10: COMPANY PROFILES

For more information about this report visit https://www.researchandmarkets.com/r/4xabmz


Diffblue Closes Investment Round to Take Total Venture Funding to $32 Million

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OXFORD, United Kingdom, Jan. 26, 2022 (GLOBE NEWSWIRE) — Diffblue, creators of the world’s first AI-for-code solution that automates writing Java unit tests, today announced the close of a funding round led by IP Group Plc with participation from Oxford University, Oxford Technology Investment Fund (OTIF) and private investors. To date, Diffblue has raised more than $32 million in venture funding.

“With billions of lines of Java code running in production today, companies need to be able to rapidly ship high quality software and Shift Left,” said Mathew Lodge, CEO of Diffblue. “Without Java unit tests, it’s difficult for any CIO to move an organization to agile or cloud native and adopt modern CI/CD processes. Diffblue’s first product, Cover, automates writing unit tests with cutting-edge artificial intelligence technology. Investors see automated code-writing as a massive opportunity as more Diffblue customers like AWS, Citigroup and S&P Global embrace our solution.”

According to a 2021 Diffblue developer survey, 83% of developers say their code could be better, with 40% wanting more unit tests. The 2021 Gartner® Market Guide for AI-Augmented Software Testing Tools report noted, “The market for software testing tools is rapidly moving from supporting simple test execution to applying AI throughout the full software test cycle. Software engineering leaders must build a portfolio of multiple tools and capabilities to support AI-augmented software testing.”[1]

Unit tests help organizations ensure that their software has fewer defects and exposes bugs earlier, improves the readability of code to simplify maintaining and improving software, enables safe reuse of software and accelerates the time to market of new software services and features for better customer experiences.

“AI is revolutionizing efficiency and quality in every sector,” said Mark Reilly, Managing Partner at IP Group Plc who led the financing round. “For all of us who rely on software every day, Diffblue is the leader in applying AI to overcome the programming failures that cause delays, economic loss and even danger to life. For developers, it frees more of their time to focus on building products, not writing tests.”

Diffblue Cover automatically generates Java unit tests at speeds up to 250x faster than humans. Diffblue Cover today supports Java, the most popular enterprise programming language in the Global 2000. The technology behind Diffblue Cover is also planned to be extended to support other popular programming languages.

[1] Gartner, “Market Guide for AI-Augmented Software Testing Tools,” Joachim Herschmann, Thomas Murphy, Jim Scheibmeir, 17 December 2021. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Diffblue
Diffblue is leading the automation of software creation through the power of AI. Founded by researchers from the University of Oxford, Diffblue Cover uses AI for code to write unit tests that help software teams and organizations efficiently improve their code coverage and quality and to ship software faster, more frequently and with fewer defects. Follow us on Twitter: @diffblueHQ

Editorial Contact
Lonn Johnston for Diffblue
[email protected]
+1.650.219.7764

New IDTechEx Report Outlines the Future of the Agricultural Robotics Industry

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IDTechEx has recently released “Agricultural Robotics Market 2022-2032“, a market research report exploring the technical and market factors that are shaping the emerging industry around agricultural robotics. This report is focused on key technologies (e.g., AI, sensors, GPS, imaging systems, etc.) and applications (weeding, harvesting, monitoring, etc.). It analyses recent challenges in the agriculture industry due to the COVID-19 pandemic and how robotics and technology developments will change the business of agriculture, enabling ultra-precision farming, helping to mitigate the challenges, and
maintaining sustainable developments.

The report develops a detailed roadmap of how these challenges have influenced the agriculture industry, what technologies have been widely applied as of today, what are the typical application areas of agricultural robots, and what makes different application areas have various maturity and technology readiness levels (TRL).

In particular, this report provides:

  • Agricultural robots’ categorization: Based on the technology and applications, the report categorizes agricultural robots into different types. For each type, a detailed chart was made to evaluate the technical difficulty and application value, thereby deciding its
    stage of development/commercialization.
  • Agricultural Robotics Market 2022-2032“, provides a generalized chart of the technical difficulty, application value, and level of adoption. Source: IDTechEx
  • Application assessment: Detailed application assessment covering 8 major application areas including weeding and pest control, robotic seeding, fully autonomous tractors, autonomous implement carriers, and platform robots, harvesting robots, drones, milking robots, and others. For each sector, the report outlines its current stage of development, technology progression, drivers and challenges (both technical and regulatory), and key products from active players in the market. The market size of each application is projected in the forecast chapter.
  • Technology assessment: Detailed technology assessment covering different products ranging from prototypes at the proof-of-concept phase to robots on a commercially available level. The report analyses the key technologies and components including sensors (e.g., cameras, LiDAR, Radar, etc.), imaging systems (e.g., hyperspectral imaging), end-effectors, AI, precision spraying, and many others. The technology assessment gives a holistic view of what components are more commonly used in different robots, how different components synergize to achieve the functionality, and the technical barriers when they work together.
  • Market analysis: Although there has been a wide range of agricultural robots designed for different specializations, they have different levels of maturities due to different business models, target crops, return on investment, and so on. This report analyses several business models and explains investors’ commercial challenges and concerns.
  • Company profiles: More than 30 interview-based full company profiles with detailed SWOT analysis, over 40 company profiles without SWOT analysis, and the works of more than 80 companies listed and summarised.
  • Market forecasts: Granular 10-year (2022 – 2032) segmented market forecast for 6 categories including milking robots, weeding and seeding robots, autonomous tractors and implement carrying robots, drones, harvesting robots, and other applications. The report also contains 2 additional forecasts covering the total market size and unit sales for autonomous tractors and implement tractors. The market forecasts are primarily segmented by regions, thereby helping you to understand which territory is expected to have the fastest growth. Meanwhile, some forecasts are segmented based on application areas. All our assumptions and data points are clearly explained in the report and
    Excel spreadsheet.

The adoption of agbots is determined by both technical difficulty and application value

Although the technologies can vary significantly depending on the tasks, IDTechEx summarizes them into three mainstream categories that are autonomous mobility, direct interaction, and indirect interaction. The report explains how IDTechEx categorizes agricultural robots into these three categories, as well as within each category, the barriers and timeline of development, and what drives the core demand of farmers.

A good example is weeding robots and harvesting robots. One of the fundamental factors causing differences in the popularity of these two robots is the demand. In agriculture, harvesting is typically only needed for a few months, therefore, farmers are less willing to invest too much to get a machine that can only be used for a short period. By contrast, weeding machines are much more popular because weeding is constantly needed throughout the year. For this reason, weeding robot is much more commercialized available than harvesting robots.

Forecast: Global market of agricultural robotics is projected to reach $7.88 billion by 2032

The global market for agricultural robots is forecast to reach $7.88 billion by 2032, with a CAGR of 13.09% compared with 2022. By 2032, Europe remains the largest market, followed by North America, APAC, South America, and MEA. North America and APAC are expected to have the quickest growth in the upcoming decade whereas Europe has the slowest growth.

Agricultural Robots Market Forecast by Region 2032. Source: IDTechEx – “Agricultural Robotics Market 2022-2032

To find out more about IDTechEx’s technical and commercial analysis of the agricultural robotics industry, please visit www.IDTechEx.com/agri. This report falls within the Food & AgTech research portfolio.

Upcoming IDTechEx Webinar:

Solutions to Modern Agriculture Issues – Agricultural Robotics Market Gaining Momentum

Yulin Wang, Technology Analyst at IDTechEx, will be presenting a free-to-attend webinar on the topic on Thursday 3 February 2022 – Solutions to Modern Agriculture Issues – Agricultural Robotics Market Gaining Momentum.

This webinar will include:

  • A summary of key challenges faced by the agriculture industry
  • The typical agricultural robotics applications, their level of development, and how IDTechEx categorizes them into three different themes
  • An overview of how technical difficulty and application value will affect commercialization and adoption
  • A discussion of key enabling technologies and components
  • An evaluation of the barriers in the agricultural robotics industry
  • An explanation of the technical forecasting chart of how IDTechEx sees the industry going in 10 years

Global Medical Loupes Market, By Type, Magnification, Lens Type, By Distribution Channel, By Application, By End User, By Region, Competition, Opportunities and Forecast, 2017-2027

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New York, Jan. 26, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Medical Loupes Market, By Type, Magnification, Lens Type, By Distribution Channel, By Application, By End User, By Region, Competition, Opportunities and Forecast, 2017-2027” – https://www.reportlinker.com/p06223783/?utm_source=GNW

Global Medical Loupes market stood at USD356.23 million in 2021 and is expected to grow at a CAGR of 6.97% during the forecast period, 2023-2027 to reach market value of USD530.01 million by 2027F. The global medical loupes market is anticipated to grow due to high prevalence of chronic diseases and their treatment through minimally invasive surgeries for which medical loupes are required. The market growth can also be contributed to the growing prevalence of dental disorders worldwide and technological advancements. Technological advancements like incorporating IT applications with the medical devices like augmented reality (AR), machine learning (ML), and artificial intelligence (AI) may also support the growth of the global medical loupes market in the next five years. Healthcare practitioners are employing augmented reality technologies in conjunction with medical loupes to assist end users in surgical operations volume in order to achieve more precise and enhanced optical imaging.
Medical loupes are small magnifying lenses, designed to set one eye piece or head frame to provide magnified approach for the examination of surgical area.The medical equipment is simply used to provide a wider scope to the surgeon such that correct ergonomics can be maintained throughout the procedure.

The equipment enhances visual acuity, along with treatment quality. The risks of mistakes and surgical mistakes are also minimized with the use of medical loupes.
The global medical loupes market is segmented by type, lens type, application, magnification, distribution channel, end user, regional distribution, and competitive landscape.Based on application, the market is further differentiated into dental, surgical, and others.

Surgical application of the medical loupes is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the grounds of high prevalence of diseases and their treatment through surgeries.This is followed by Dental application.

Young population along with geriatric population are highly susceptible to various dental disorders. Bone grafting, oral surgical flaps, dental tissue grafts, surgical periodontal therapies, endodontic treatment, caries, cavity treatment, etc., are all sorts of dental disorders that require medical loupes for the diagnosis, analysis, and treatment procedures, and thus aid the market growth in the future five years.
Carl Zeiss Meditec AG, Univet S.r.l, Heine Optotechnik GmbH & Co. KG, Envista Holdings Corporation (Orascoptic), Halma Plc (Keeler Limited), General Scientific Corporation (SurgiTel), Integra Lifescience Holding Corporation, Thermo Fisher Scientific Inc, MeridentOptergo (Optergo AB), HOYA Corporation, VorOtek Pty Ltd, SheerVision Inc., Graham Field Inc, LumaDent, Inc., Admetec Solutions Ltd., Neitz Instruments Co., Ltd., Rose Micro Solutions LLC, Xenosys Co., Ltd., Enova Illumination, Inc., Dent-ALL Corp. (ErgonoptiX), LW Scientific, i-Med Technology BV, Designs for Vision, Inc., Den-Mat Holdings, LLC, North-Southern Electronics Limited, compose the list of major players operating in the global medical loupes market.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of global medical loupes market from 2017 to 2021.
• To estimate and forecast the market size of global medical loupes market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast global medical loupes market based on type, lens type, application, magnification, distribution channel, end user, regional distribution, and competitive landscape.
• To identify dominant region or segment in the global medical loupes market.
• To identify drivers and challenges for global medical loupes market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global medical loupes market.
• To identify and analyze the profile of leading players operating in global medical loupes market.
• To identify key sustainable strategies adopted by market players in global medical loupes market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of global medical loupes market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to medical loupes
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Medical Loupes Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Medical Loupes Market, By Type:
o Flip-Up Loupes
o Through-The-Lens (TTL) Loupes
o Clip-On Loupes
o Headband Mounted
• Medical Loupes Market, By Magnification:
o Up to 3.0x
o 3.0x-5.0x
o Above 5.0x
• Medical Loupes Market, By Lens Type:
o Galilean
o Prismatic
• Medical Loupes Market, By Distribution Channel:
o Offline
o Online
• Medical Loupes Market, By Application:
o Surgical
o Dental
o Others
• Medical Loupes Market, By End User:
o Hospitals
o Dental Clinics
o Ambulatory Surgery Centers
o Others
• Medical Loupes Market, By Region:
o North America
United States
Canada
Mexico
o Europe
Germany
France
United Kingdom
Italy
Spain
o Asia Pacific
China
Japan
India
South Korea
Australia
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global medical loupes market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06223783/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________


Europe EV Powertrain Testing Services Market, By Vehicle Type, By Propulsion, By Sourcing, By Country, Competition, Forecast & Opportunities, 2016- 2030

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New York, Jan. 26, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Europe EV Powertrain Testing Services Market, By Vehicle Type, By Propulsion, By Sourcing, By Country, Competition, Forecast & Opportunities, 2016- 2030” – https://www.reportlinker.com/p06223774/?utm_source=GNW

Europe EV powertrain testing services market was valued at USD5,605.88 million in 2020, and it is anticipated to grow with a CAGR of 22.02% to reach USD37,904.30 million in 2030. Rapid production and sales of electric vehicles, stringent vehicle emission norms and regulations, and the incentives offered by the government on purchase and manufacturing of electric vehicles are the major drivers influencing the demand for the European EV powertrain testing services market across the region in the forecast period.
Automobile manufacturers are making high-end investments in research and development activities to find innovative solutions to increase vehicle performance and reduce the chances of error and road accidents and mishappening to enhance the safety of the passengers while riding automobiles.Declining battery prices used in electric vehicles, lucrative incentives provided by the leading authorities, and rising concerns about the effect of carbon emissions on the environment are proliferating the sales of electric vehicles in the region.

Ongoing technological advancements and the use of emerging technologies such as artificial intelligence and cloud-based simulations to fuel the efficiency of powertrain and perform with higher efficiency is expected to create lucrative opportunities for the European EV powertrain testing services market growth.Growing fuel prices and the introduction of digital EV powertrain equipment, and the booming automotive industry are expected to accelerate the growth of the European EV powertrain testing services market in the forecast period.

However, the high cost of testing equipment and lack of standardization may hinder the growth of the Europe EV powertrain testing services market in the forecast period.
The Europe EV powertrain testing services market is segmented based on vehicle type, by propulsion, by sourcing, by country, by company.Based on the vehicle type, the market is divided into light duty, medium duty, and heavy duty.

Light duty vehicles are expected to witness the fastest incremental growth in the forecast period and also the growing number of market players are driving the demand for light duty duty vehicles in the region for the forecast period.
Applus+ IDIADA, Ricardo Plc, TÜV SÜD, AVL List GmbH, CTAG Automotive Technology Centre of Galicia, Intertek Group plc, ATESTEO GmbH & Co. KG, HORIBA MIRA Ltd, Element Materials Technology, and FEV Group GmbH, are among the major market players in the Europe EV powertrain testing services market.

Years considered for this report:

Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2030

Objective of the Study:

• To analyze the historical growth and the market size of the Europe EV powertrain testing services market from 2016 to 2020.
• To estimate and forecast the market size of the Europe EV powertrain testing services market from 2021 to 2030 and growth rate until 2030.
• To classify and forecast the Europe EV powertrain testing services market based on vehicle type, by propulsion, by sourcing, by country, by company.
• To identify drivers and challenges for the Europe EV powertrain testing services market.
• To examine competitive developments such as expansions, new services, mergers and acquisitions, etc., in the Europe EV powertrain testing services market.
• To conduct pricing analysis for the Europe EV powertrain testing services market.
• To identify and analyze the profile of leading players operating in the Europe EV powertrain testing services market.

The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of leading service providers across the region.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst examined the service offerings, and presence of all major players operating in the EV powertrain testing services market in Europe.
The analyst calculated the Europe EV powertrain testing services market size using a bottom-up approach, where data for various countries was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• EV powertrain testing services providers and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to EV powertrain testing services market
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as EV powertrain testing service providers and other stakeholders. The report would enable the stakeholders in strategizing investments and capitalizing on emerging market opportunities.

Report Scope:

In this report, Europe EV powertrain testing services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Europe EV Powertrain Testing Services Market, By Vehicle Type:
o Light Duty
o Medium Duty
o Heavy Duty
• Europe EV Powertrain Testing Services Market, By Propulsion:
o BEV
o HEV
o PHEV
o FCEV
• Europe EV Powertrain Testing Services Market, By Sourcing:
o Outsourcing
o In House
• Europe EV Powertrain Testing Services Market, By Country:
o Germany
o Spain
o France
o United Kingdom
o Italy
o Russia
o Slovakia
o Sweden
o Belgium
o Czech Republic
o Poland
o Netherlands
o Rest of Europe

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe EV powertrain testing services market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p06223774/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________


TCS Wins the Frost & Sullivan Technology Innovation Award

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Based on its recent analysis of the Asia-Pacific Business Process Management (BPM) services industry, Frost & Sullivan recognizes Tata Consultancy Services (TCS) with the 2021 Technology Innovation Leadership Award for its powerful innovation capabilities and focus on business outcomes. TCS is an IT services, consulting, and business solutions organization that has been partnering with many of the world’s largest businesses in their digital transformation journeys. TCS offers customers a consulting-led, cognitive-powered, integrated portfolio of business, technology, and engineering services and solutions.

TCS aims to distinguish itself and become a growth engine and transformation driver for its clients. It developed an artificial intelligence-driven human-machine collaboration suite called CognixTM, that accelerates the digital transformation of operations,” said Sherrel Roche, Industry Principal at Frost & Sullivan. “This platform helps clients embed AI and other technologies to quickly transform operations and gain a competitive edge in the market.”

TCS Cognix leverages world-class technologies, the company’s Machine First™ Delivery Model, contextual know-how, and best practices, to empower global businesses with out-of-box, ready-to-use solutions aligned to their varied business and digital needs. This approach allows them to transform quickly and drive business agility to handle the ever-changing market needs and achieve sustainable growth.

TCS continues to incorporate new solutions into its robust portfolio to establish itself as a leading industry player with its impressive innovation culture and outstanding customer service. To sustain its customer-centric approach and fast-paced innovation, the company focuses on building long-term relations by offering specialized services to meet its customer’s requirements and encouraging employees to regularly upgrade their skills.

The company successfully set itself apart through its deep industry knowledge across multiple verticals, deep contextual knowledge, investments in the latest technology and innovation, and a rich portfolio of services targeting every C-suite stakeholder,” noted Roche. “TCS’ employee-centric culture is a distinguishing factor, as it invests heavily in its growing employee base, and in enabling and empowering them to stay relevant for the future.”

We believe in designing solutions that address customers’ business challenges and enable them to achieve their growth and transformation goals. With TCS Cognix™, our clients can accelerate transformation leveraging a suite of ready-to-use digital solutions enabled by integrated operations philosophy to fast-track their journey to a future-ready state. We are delighted to receive this recognition, which is a reflection of our innovation efforts and market success,” said Ashok Pai, Vice President and Global Head, Cognitive Business Operations, TCS.

Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

New Study published showing Nevisense impact on clinician confidence and accuracy

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SciBase Holding AB (“SciBase”) (STO:SCIB), a leading developer of augmented intelligence-based solutions for skin disorders,  announced today that a new study supporting the use of Nevisense in diagnosing melanoma has been published in “SKIN – The journal of cutaneous medicine”. The article is authored by Avani Kolla, Prof David Polsky and others from The Ronald O. Perelman Department of Dermatology, NYU Grossman School of Medicine in New York. The study shows that Nevisense provides valuable diagnostic guidance when evaluating atypical pigmented skin lesions.

“Melanoma is a potentially deadly form of skin cancer and has an almost 100% cure rate if caught early. While the performance of Nevisense as a diagnostic aid in the management of atypical pigmented skin lesions suspicious for melanoma has been previously demonstrated, its impact on clinician confidence in their biopsy decisions has not been described. In this pilot study, we found that mean confidence for clinicians in correctly identifying the disease diagnosis significantly increased when we added Nevisense to the evaluation of clinical and dermoscopic images of skin lesions suspicious for melanoma. Adding Nevisense to these evaluations also significantly increased diagnostic accuracy and biopsy sensitivity for melanoma,” says David Polsky, MD, PhD Alfred W. Kopf, MD Professor in the Ronald O. Perelman Department of Dermatology at NYU Grossman School of Medicine, NYU Langone Health.

“This study further validates Nevisense as a valuable tool for the early detection of melanoma. The article presents additional evidence that Nevisense can help clinicians of all experience levels improve their ability to accurately identify lesions that require treatment and to be more confident in their clinical management decisions”, says Simon Grant, CEO of SciBase.

Publication details:

  • New clinical study suggests Nevisense has a positive impact on Clinicians confidence and diagnostic accuracy for early melanoma detection
  • The US based study data further supports Nevisense’s clinical value for clinicians of all levels

The article is titled “Impact of Electrical Impedance Spectroscopy on Clinician Confidence and Diagnostic Accuracy in Evaluating Melanocytic Skin Lesions Suspicious for Melanoma: A Pilot Study” and evaluates whether “clinician diagnostic confidence, sensitivity, specificity and accuracy can be increased by adding EIS measurement scores to clinical and dermoscopic images of lesions clinically suspicious for melanoma”. In the study Nevisense increased clinician’s sensitivity for melanoma and dysplastic nevi from 70% to 84%. The conclusion in the article states: ” EIS increased novice and expert diagnosticians’ confidence regarding dermoscopically equivocal melanocytic lesions.”

The market is expected to grow at a CAGR of 5.91% during the forecast period 2021-2030

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New York, Jan. 26, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Spine X-Ray and Computed Tomography (CT) Market – A Global and Regional Analysis: Focus on Applications, Product, End Users, and Country-Wise Analysis – Analysis and Forecast, 2021-2030” – https://www.reportlinker.com/p06223760/?utm_source=GNW

Market Segmentation

• Indication – Spinal Infections, Spinal Tumors, and Spinal Fractures
• End User – Hospitals and Clinics, Diagnostic Imaging Centers, and Ambulatory Surgery Centers
• Product – X-Ray Devices, CT Devices, and AI-Enabled X-Ray and CT Software
• Patient Type – Adults, and Pediatrics and Neonates

Regional Segmentation

• North America – U.S. and Canada
• Europe – Germany, U.K., France, Italy, Spain, and Rest-of-Europe
• Asia-Pacific – Japan, China, South Korea, India, Australia and New Zealand, and Rest-of-Asia-Pacific
• Rest-of-the-World – Brazil, Mexico, and Rest-of-Rest-of-the-World

Market Growth Drivers

• Increasing Prevalence of Spinal Injuries
• Advent of Artificial Intelligence in Medical Imaging
• Increasing Interest Among Venture Capitalists

Market Challenges

• Potential Risks Associated with Radiation Exposure
• Delay in Regulatory Approvals

Market Opportunities

• Development of AI-Based Digital X-Ray Systems
• High Growth Opportunity in Emerging Economies
• Leveraging Partnerships to Expand Business Opportunities

Key Companies Profiled

Agfa-Gevaert NV, Arterys, Inc., Carestream Health, Inc., Enlitic, Inc., Fujifilm Holdings Corporation, General Electric Company, Imagen Technologies, Inc., Infervision Medical Technology Co. Ltd., Koninklije Philips N.V., Nano-x Imaging LTD., Quibim, S.L., Qure.ai Technologies Pvt. Ltd., Siemens Healthineers AG, Shimadzu Corporation, Vuno Co., Ltd.

How This Report Can Add Value

Assuming that the reader is a manufacturer of X-ray and CT devices, the report will assist them in the following ways:
• Understand their position compared to other key players in the market
• Stay updated with novel technology integration, features, and the latest developments in the market
• Understand the impact of COVID-19 on X-ray and CT imaging and the entry barriers for new companies
• Gain insights into end-user perception concerning the spine X-ray and computed tomography market
• Identify some key players in the market and understand their valuable contribution

Key Questions Answered in the Report

• How has COVID-19 impacted the growth of the global spine X-ray and computed tomography market?
• What are the key regulations governing the spine X-ray and computed tomography market in key regions?
• What technological developments are projected to have the maximum influence on the global spine X-ray and computed tomography market?
• Who are the leading players holding significant dominance in the global spine X-ray and computed tomography market?
• What are some of the growth opportunities which market players can capitalize on?
• What are the drivers and restraints for the global spine X-ray and computed tomography market?
• Which region has the highest growth rate in the global spine X-ray and computed tomography market?
• Which are the fastest growing countries in terms of spine X-ray and CT g market?
• What are the key strategies being adopted by market players in the spine X-ray and computed tomography market?
• Which are the emerging companies in the global spine X-ray and computed tomography market?

Global Spine X-Ray and Computed Tomography (CT) Market Industry Overview

X-rays use electromagnetic radiation to produce images of internal tissues, bones, and tumors.CT scans are the imaging procedure that uses a combination of X-rays and computer technology to produce horizontal or axial images of the body.

X-ray and CT devices are used by end markets such as hospitals, clinics, diagnostic imaging centers, and ambulatory surgical centers.

The market for spine X-ray and CT devices is rapidly growing, with an increasing number of X-rays and CT scans used in imaging of vertebral fractures, spinal infections, and spinal tumors, among others.Furthermore, the integration of AI in imaging has accelerated the growth of the market for factors such as rising healthcare costs, a lack of communication between physicians and patients, poor health conditions, a shortage of physicians and medical staff, and the rising prevalence of chronic health disorders.

The global spine X-ray and computed tomography market is anticipated to grow rapidly owing to the advancements in the medical imaging industry with the constant demand to provide cost-effective and high-quality solutions in a shorter time period.

The global spine X-ray and computed tomography market report highlights that the market was valued at $916.0 million in 2020 and is expected to reach $1,623.5 million by the end of 2030. The market is expected to grow at a CAGR of 5.91% during the forecast period 2021-2030.

Global Spine X-Ray and Computed Tomography (CT) Market Drivers

The factors driving the growth of the market include an increasing number of spinal injuries driving the need for increased X-ray and CT scans, advent of artificial intelligence in medical imaging, and the growing expenditure in the healthcare industry.The increasing prevalence of falls, rising geriatric population has, in turn, increased the demand for procedural volume of X-rays and CT scans.

Governments invest a significant amount of money in healthcare insurance so that the overall healthcare costs can be reduced, and the quality of life and affordability of the treatment can be enhanced.

Global Spine X-Ray and Computed Tomography (CT) Market Restraints

The factors restraining the growth of the global spine X-ray and computed tomography market include the risks associated with radiation exposure and delay in regulatory approvals.Delay in regulatory approval for the products due to the stringent government regulations concerning the use of AI-enabled software in medical imaging hinders the market’s growth.

Moreover, another factor restraining the growth of the global spine X-ray and computed tomography market is the high cost associated with medical imaging.

Global Spine X-Ray and Computed Tomography (CT) Market Opportunities

High growth opportunities in emerging economies and the emergence of local companies in Asia-Pacific and the Middle East and Africa hold immense potential for the global spine X-ray and computed tomography market growth.

There is massive scope for spine X-ray and CT devices in developing countriesas countries such as China, India, Brazil, and Mexico possess populations with a high prevalence of spinal injuries and vertebral fractures. Thus, the rising prevalence of spinal injuries tends to increase the volume of X-ray and CT scans, consequently advancing device adoption and the growth of the global market.

Impact of COVID-19 on the Global Spine X-Ray and Computed Tomography (CT) Market

The COVID-19 pandemic had a debilitating impact on the global healthcare ecosystem.Hospitals and clinics faced several challenges such as lack of resources, high patient influx, and risk of infection among care providers.

The market is projected to witness considerable growth during the forecast period 2021-2030. The increasing innovations and product designs in the global market and the growing use in emerging economies are the driving factors for the growth of the market.

Market Segmentation

Global Spine X-Ray and Computed Tomography (CT) Market (by Indication)

The global spine X-ray and computed tomography market, based on indication, has been segmented into spinal injuries, spinal tumors, and spinal fractures.

Spinal infections are caused by bacteria or fungi and affect the vertebral body, intervertebral disc, or paraspinal tissue. The increasing prevalence of spinal injuries is increasing the growth of the market as the diagnosis of spinal infections is a prolonged process with the usage of various imaging modalities.

Global Spine X-Ray and Computed Tomography (CT) Market (by Patient Type)

The global spine X-ray and computed tomography market, based on patient type, has been segmented into adults, and pediatrics and neonates.The injuries and fractures are caused by several factors such as falls, accidents, and sports injuries.

The geriatric population is more susceptible to the injuries caused due to falls. Moreover, various guidelines and policies have been issued by regulatory bodies and agencies for dose safety in pediatric imaging.

Global Spine X-Ray and Computed Tomography (CT) Market (by End User)

The global spine X-ray and computed tomography market, based on end user, has been segmented into hospitals and clinics, diagnostic imaging centers, and ambulatory surgery centers surgical centers.

Hospitals and clinics are the major end users for the global spine X-ray and computed tomography market.The high volume of the end user makes them the primary diagnosis site for spinal injuries in emerging economies.

Furthermore, the adoption of X-rays and CT in ASCs has been increased due to several factors such as personalized care to the patients and reduced recovery time.

Global Spine X-Ray and Computed Tomography (CT) Market (by Product)

The global spine X-ray and computed tomography market, based on product, has been segmented into X-ray devices, CT devices, and AI-enabled X-ray and CT software.

The X-ray devices segment is at the forefront of the spine X-ray and computed tomography market. The increasing focus on the inclusion of advanced technology such as AI and machine learning has been one of the strongest drivers for the growth of the X-ray devices segment.

Furthermore, the diagnosis using CT has greatly benefited from the advancements in AI during the past few years. AI-based solutions are presently being used extensively to interpret and prioritize to reduce the backlogs and the physician’s workload.

Global Spine X-Ray and Computed Tomography (CT) Market (by Region)

The different regions covered under the global spine X-ray and computed tomography market include North America, Europe, Asia-Pacific, and Rest-of-the-World.

North America is expected to be the most lucrative region for the global spine X-ray and computed tomography market due to advanced healthcare infrastructure and a high focus on research and development activities.The Asia-Pacific spine X-ray and computed tomography market is one of the lucrative markets with immense potential for expansion by key players of the global spine X-ray and computed tomography market.

The Asia-Pacific spine X-ray and computed tomography market is expected to grow at the fastest rate during the forecast period. This can be attributed to the massive geriatric population base, which is driving the increase in the volume of X-ray and CT scans.

Key Market Players and Competition Synopsis

Some key players operating in the global spine X-ray and computed tomography market include Agfa-Gevaert NV, Arterys, Inc., Carestream Health, Inc., Enlitic, Inc., Fujifilm Holdings Corporation, General Electric Company, Imagen Technologies, Inc., Infervision Medical Technology Co. Ltd., Koninklijke Philips N.V., Nano-x Imaging LTD., Quibim, S.L., Qure.ai Technologies Pvt. Ltd., Siemens Healthineers AG, Shimadzu Corporation, Vuno Co., Ltd.

Some strategies covered in this segment are funding activities, mergers and acquisitions (M&As), partnerships, alliances, business expansion, regulatory and legal activities, and new offerings.

Countries Covered
• North America
• U.S.
• Canada
• Europe
• Germany
• Italy
• France
• U.K.
• Spain
• Rest-of-Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia and New Zealand
• Rest-of-Asia-Pacific
• Rest-of-the-World
• Brazil
• Mexico
• Rest-of-Rest-of-the-World
Read the full report: https://www.reportlinker.com/p06223760/?utm_source=GNW

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Elbit Systems Awarded a $16 Million Contract to Supply a Space Telescope to the Weizmann Institute of Science

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Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract valued at approximately $16 million to supply a space telescope to the Weizmann Institute of Science under Israel’s Ultraviolet Transient Astronomy Satellite (“ULTRASAT”) program to observe and research deep space. The ULTRASAT program is jointly managed and funded by the Weizmann Institute of Science and the Israeli Space Agency and is carried out in association with the German DESY research center. The contract will be performed over a period of two years.

Elbit Systems will develop, manufacture and integrate a highly sensitive, wide field of view (200 square degrees) ultraviolet space telescope that is intended to help scientists in understanding the creation of heavy elements, black holes and gravitational waves and discover astronomical phenomena such as supernovas (star explosions). Elbit Systems has a record of providing space cameras, satellites and other electronic instruments of its production to space programs in Israel, the U.S., EuropeSouth Korea and Brazil.

Oren Sabag, General Manager of Elbit Systems ISTAR & EW, commented: “We are proud to take part in this scientific endeavor lending our capabilities and experience to the effort to better understand nature. We are pleased with the opportunity to cooperate with the Israel Space Agency and with the scientific community led by the Weizmann Institute of Science and the German DESY research center.”