Tag Archives

Archive of posts published in the category: system
May
8

Recon Technology Signed A $2.8M Contract for Provision of Detailed Design of Heavy Oil Transportation System in Garraf Oilfield

BEIJING, May 5, 2020 /PRNewswire/ — Recon Technology, Ltd. (NASDAQ: RCON) (“Recon” or the “Company”) today announced it signed a $2.8 million engineering and construction service subcontract with Grand Energy Development Limited on a heavy oil transportation system project (the “Project”) in Garraf oilfield in Iraq for the services that Recon has provided. Pursuant to the subcontract, Recon shall carry out all the engineering design services, provide the technical support to the procurement, construction, commissioning activities and provide the training services of the heavy oil transportation system project.

Garraf oilfield is located in the province of Thi Qar, Iraq, approximately 5km north-west of Al-Refaei city and 85km north of Nasiriya city. The oilfield is 17.5km long and 5.5km wide. It is estimated to hold 1.3 billion barrels of oil reserves. Based on the Final Development Plan approved by the Government of Iraq in 2018, the oilfield is undergoing further development in stages to achieve crude oil production of 230,000 barrels per day by the end of 2020.

As part of the Project, the heavy oil pipeline with a total intended capacity of 275,000 barrels per day will be built to support the Garraf production target. By providing the services under the Project, Recon has played an important role in building the heavy oil pipeline.

“With advanced technique and wide experiences in the automation and digitalization of oil and gas industry, Recon has a relatively competitive advantage in the engineering design and construction businesses in oilfield segment,” Mr. Shenping Yin, co-founder and CEO of Recon said. “With the successful completion of the project, we expect to construct more oilfield projects and hope to help more oilfields reduce costs and maintain yields at a healthy level in the near future.”

About Recon Technology, Ltd.                                    

Recon Technology, Ltd. (RCON) is China’s first non-state-owned oil and gas field service company listed on NASDAQ. Recon supplies China’s largest oil exploration companies with advanced automated technologies, efficient gathering and transportation equipment and reservoir stimulation measures for increasing petroleum extraction levels, reducing impurities and lowering production costs. Since 2017, the Company has expanded its business operations into other segments of the broader energy industry including electric power, coal chemicals, renewable energy and environmental protection in the energy and chemical industries. Through the years, Recon has taken leading positions on several market segments of the oil and gas field service industry. Recon also has developed stable long-term cooperation relationships with its major clients, and its products and service are well accepted by clients. For additional information please visit: www.recon.cn.

Safe Harbor Statement

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and

May
6

Toyota vehicle converted to ambulance with ‘airborne droplet circulation system’

Toyota has been helping out in various ways in the global fight against Covid-19 pandemic – from developing face masks to coming up with restart manuals for the auto industry. Now, the company in Japan has transformed one of its vehicles into an ambulance with modified features to safely transport Covid-19 patients from one location to another.

(Related read: Here’s how Hector SUV retrofitted as an ambulance aims to help fight Covid-19)

The Toyota Hiace-based vehicle features a special system called ‘airborne droplet circulation control’ which helps to expel possibly contaminated air from within the cabin. The cabin itself has been divided into two sections – the interior barrier makes for a front section for the driver and front passenger while the rearward compartment has the rear passenger seat area coupled with an exhaust fan which throws out air from the vehicle. This prevents the possibly contaminated air in the rear section from circulating to the forward compartment.

Toyota Hiace is a light commercial vehicle sold primarily in Japan.
Toyota Hiace is a light commercial vehicle sold primarily in Japan.

Hiace is a light commercial vehicle which is mostly used for goods transportation but Toyota has said it took suggestions from the medical sector before choosing the vehicle and converting it to help transport patients. “The transport vehicle for seriously ill Covid-19 patients provided today joins 11 transport vehicles for mildly infected patients already provided by the Toyota Group to such entities as medical facilities and local governments,” an official release on Thursday informed.

The modified Hiace, developed by Toyota Auto Body Co., Ltd, has been donated to Showa University Hospital in Japan. A number of its other vehicles, some undergoing modifications, have been pressed into medical service across Japan.

Source Article

Apr
28

Global Bicycle-Sharing System Market Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2029

Global Bicycle-Sharing System Market is estimated to be valued US$ XX.X million in 2019. The report on Bicycle-Sharing System Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. for the forecast year up to 2029. The global bicycle-sharing system market is segmented on the basis of type, application, and geography.

In 2019, the North America market is valued US$ XX.X million and the market share is estimated X.X%, and it is expected to be US$ XX.X million and X.X% in 2029, with a CAGR X.X% from 2020 to 2029.

Global Bicycle-Sharing System Market

By type, the market is segmented into Point-to-Point, Ride-and-Return, and Distributed. By application, the market is divided into Government, Community Organization, and Enterprise.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major players profiled in the report include Mobike, OFO, BlueGoGo, Youon, Mingbikes, Hellobike, YooBike, CCbike, Zagster, LimeBike, Citi Bike, Capital Bikeshare, Divvy, Hubway, Docomo Bike Share, and Relay Bikes.

Key Market Segments

Type

  • Point-to-Point
  • Ride-and-Return
  • Distributed

Application

  • Government
  • Community Organization
  • Enterprise

Key Market Players included in the report:

  • Mobike
  • OFO
  • BlueGoGo
  • Youon
  • Mingbikes
  • Hellobike
  • YooBike
  • CCbike
  • Zagster
  • LimeBike
  • Citi Bike
  • Capital Bikeshare
  • Divvy
  • Hubway
  • Docomo Bike Share
  • Relay Bikes

Reasons to Get this Report:

In an insight outlook, this research report has dedicated to several quantities of analysis – industry research (global industry trends) and Bicycle-Sharing System Market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of Bicycle-Sharing System Market; high-growth regions; and market drivers, restraints, and also market chances.

The analysis covers Bicycle-Sharing System Market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Bicycle-Sharing System Market across sections such as also application and representatives.

Additionally, the analysis also has a comprehensive review of the crucial players on the Bicycle-Sharing System Market together side their company profiles, SWOT analysis, latest advancements, and business plans.


The analysis objectives of the report are:

  • To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
  • To know the Bicycle-Sharing System Market by pinpointing its many subsegments.
  • To profile the important players and analyze their growth plans.
  • To endeavor the amount and value of Bicycle-Sharing System sub-markets, depending on key regions (various vital states).
  • To analyze Bicycle-Sharing System Market concerning growth trends, prospects, and also their participation in the entire sector.
  • To examine and study the Bicycle-Sharing System Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2013 to 2018, and also prediction to 2029.
  • Primary worldwide Bicycle-Sharing System Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans next coming years.
Apr
25

Like everything else, state’s transportation system likely to suffer due to COVID-19

Wiki Commons

If Mississippians aren’t driving, they are not buying as much gasoline, resulting in a reduction in revenue from the tax on gasoline.

It is too early to see actual data, but it is highly likely that among the many negative impacts of the COVID-19 pandemic, including the tragic loss of life, will be to Mississippi’s highways and bridges.

The primary source of revenue for Mississippi’s Department of Transportation is the state’s 18.4-cent per gallon tax on motor fuels, primarily gasoline.

With the state under a shelter-in-place order, it is logical to assume Mississippians are not driving as much. And if folks are not driving, they are not buying as much gasoline, resulting in a reduction in revenue from the tax on gasoline.

Bobby Harrison

If people are not driving as much, it also could be logical to assume damage is not being done to the state’s infrastructure system. But many argue that the roads and bridges already were in a deteriorated condition that a lack of use cannot fix. Besides, the large semi-trucks that do the most damage thankfully are continuing to travel up and down the roads, delivering much needed supplies, such as food and presumably toilet tissue, though, it is often hard to prove toilet paper has been delivered by looking at the store shelves.

The gasoline tax generated $305.5 million in revenue for the Department of Transportation during the past 2019 fiscal year. Collections from the motor fuel tax for the current 2020 fiscal year were slightly outpacing last year’s collections before COVID-19 ground much of the activity in the state to a halt. It is safe to assume that until the coronavirus is contained that travel will be diminished.

It should not be a surprise that COVID-19 is impacting the transportation system just as it is tragically impacting nearly every aspect of life.

“Like all of us, the Mississippi Department of Transportation is facing uncertainty due to the COVID-19 pandemic,” said Melinda McGrath, executive director of the agency. “With residents sheltering in place to slow the spread, there is less demand for fuel. As a result, we anticipate fuel tax receipts to be decreased in the coming months. However, ongoing highway projects will continue as planned, and MDOT will continue to make efficient use of the resources available.”

For about a decade there have been ongoing debates on how to provide additional funds for transportation – on both the state and local levels. On the state level, the Department of Transportation has said it needs an additional $400 million annually to keep up with repair and maintenance needs.

A recent report said the state has about 30,000 miles of highway and that about 11,000 are in need of repair and the state has about 5,700 bridges with about 900 under restrictions that hinder commercial traffic.

The 18.4-cent per gallon gasoline tax is the nation’s third lowest.

Before the pandemic hit, Transportation Department officials said the tax was generating essentially the same amount

Apr
22

The Bicycle as a System

The Bicycle as a System

Purpose

To explore the nature of systems by examining the systems that make a bicycle work. Students will begin to understand how the different systems of a bicycle relate to each other and be able to identify the properties of each part or subsystem.


Context

This lesson gives students an opportunity to examine the nature of systems in the context of an object with which they are very familiar – the bicycle. While this lesson is intended for grades 6-8, it presents concepts that are more appropriate for 7th and 8th grade students.

The main goal of having students learn about systems is not to have them talk about systems in abstract terms, but to enhance their ability (and inclination) to identify the various aspects of systems in attempting to understand the whole system. Examining systems is really a way of thinking rather than theories or discoveries.

Students will identify the properties of the various subsystems of a bicycle and examine how they relate to the whole. According to research: “Children tend to think of the properties of a system as belonging to individual parts of it rather than as arising from the interaction of the parts. A system property that arises from interaction of parts is therefore a difficult idea.” (Benchmarks for Science Literacy, p. 262.)

Students should already know that if something consists of many parts, the parts usually influence one another. Also they should be aware that something may not work as well (or at all) if a part of it is missing, broken, worn out, mismatched, or misconnected.

It is important to establish the boundary of the system to include enough parts so that their relationship to one another makes sense. Drawing the boundary of a system well can make the difference between understanding and not understanding what is going on. Thinking of everything within some boundary as being a system suggests the need to look for certain kinds of influence and behavior. For example, students should consider a system’s inputs and outputs-the outputs of some parts being inputs for others.

Systems are not mutually exclusive. Systems may be so closely related that there is no way to draw boundaries that separate all parts of one from all parts of the other. Any part of a system may itself be considered as a system-a subsystem-with its own internal parts and interactions. Any system is likely to be part of a larger system that it influences and that influences it. The idea of a system should be expanded to include connections among systems.

Students will also learn about the choices and constraints that go into the design of a bicycle system. Depending on whether the bicycle is intended for racing, mountain roads, or touring, influences its design and such choices as the type of tires, frame and materials, and drives and gears. In addition, accommodating one constraint can often lead to conflict with others. For example, the lightest material may not be the strongest, or

Apr
21

Automotive Intelligence Park Assist System Market Research Report – Forecast to 2023

Table of Contents

1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Counter UAS Market, By Type

1.1.2. Global Counter UAS Market, By Platform

1.1.3. Global Counter UAS Market, By End-User

1.1.4. Global Counter UAS Market, By Region

2. Market Introduction

2.1. Market Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Market Factor Indicator Analysis

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. Market Insights

5. Market Dynamics

5.1. Introduction

5.2. Drivers

5.3. Restraints

5.4. Opportunities

5.5. Challenges

5.6. Market/Technological Trends

5.7. Patent Trends

5.8. Regulatory Landscape/Standards

6. Market Factor Analysis

6.1. Value Chain/Supply Chain Analysis

6.1.1. R&D

6.1.2. Manufacturing

6.1.3. Distribution & Sales

6.1.4. Post-Sales Monitoring

6.2. Porter’s Five Forces Analysis

6.2.1. Threat of New Entrants

6.2.2. Bargaining Power of Buyers

6.2.3. Threat of Substitutes

6.2.4. Segment Rivalry

6.2.5. Bargaining Power of Supplies

7. Global Counter UAS Market, by Type

7.1. Introduction

7.2. Detection & Tracking Systems

7.2.1. Market Estimates & Forecast, 2018–2023

7.2.2. Market Estimates & Forecast, by Region, 2018–2023

7.2.2.1. Radar Systems

7.2.2.2. RF Systems

7.2.2.3. EO-IR Systems

7.2.2.4. Acoustic Systems

7.2.2.5. Other Systems

7.3. Intercepting Systems

7.3.1. Market Estimates & Forecast, 2018–2023

7.3.2. Market Estimates & Forecast, by Region, 2018–2023

7.3.2.1. RF & GNSS Jamming Systems

7.3.2.2. GPS Spoofing Systems

7.3.2.3. Laser Systems

7.3.2.4. Nets & Projectiles

7.3.2.5. Other Systems

8. Global Counter UAS Market, by Platform

8.1. Introduction

8.2. Ground-Based

8.2.1. Market Estimates & Forecast, 2018–2023

8.2.2. Market Estimates & Forecast, by Region, 2018–2023

8.3. Hand-Held

8.3.1. Market Estimates & Forecast, 2018–2023

8.3.2. Market Estimates & Forecast, by Region, 2018–2023

8.4. UAV-Based

8.4.1. Market Estimates & Forecast, 2018–2023

8.4.2. Market Estimates & Forecast, by Region, 2018–2023

9. Global Counter UAS Market, by End-User

9.1. Introduction

9.2. Military

9.2.1. Market Estimates & Forecast, 2018–2023

9.2.2. Market Estimates & Forecast, by Region, 2018–2023

9.3. Civil

9.3.1. Market Estimates & Forecast, 2018–2023

9.3.2. Market Estimates & Forecast, by Region, 2018–2023

10. Global Counter UAS Market, by Region

10.1. Introduction

10.2. North America

10.2.1. Market Estimates & Forecast, by Country, 2018–2023

10.2.2. Market Estimates & Forecast, by Type, 2018–2023

10.2.3. Market Estimates & Forecast, by Platform, 2018–2023

10.2.4. Market Estimates & Forecast, by End-User, 2018–2023

10.2.5. US

10.2.5.1. Market Estimates & Forecast, by Type, 2018–2023

10.2.5.2. Market Estimates & Forecast, by Platform, 2018–2023

10.2.5.3. Market Estimates & Forecast, by End-User, 2018–2023

10.2.6. Canada

10.2.6.1. Market Estimates & Forecast, by Type, 2018–2023

10.2.6.2. Market Estimates & Forecast, by Platform, 2018–2023

10.2.6.3. Market Estimates & Forecast, by End-User, 2018–2023

10.3. Europe

10.3.1. Market Estimates & Forecast, by Country, 2018–2023

10.3.2. Market Estimates & Forecast, by Type, 2018–2023

10.3.3. Market Estimates & Forecast, by Platform, 2018–2023

10.3.4. Market Estimates & Forecast, by End-User, 2018–2023

10.3.5. UK

10.3.5.1. Market Estimates & Forecast, by Type, 2018–2023

10.3.5.2. Market Estimates & Forecast, by Platform, 2018–2023

10.3.5.3. Market Estimates & Forecast, by End-User, 2018–2023

10.3.6. Germany

10.3.6.1. Market Estimates & Forecast, by Type, 2018–2023

Apr
21

Automotive Battery Thermal Management System Market Research Report – Forecast to 2023

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Automotive Battery Thermal Management System Market, By Technology

5.1 Introduction

5.2 Air

5.2.1 Market Estimates & Forecast, 2017-2023

5.2.2 Market Estimates & Forecast by Region, 2017-2023

5.3 Liquid

5.3.1 Market Estimates & Forecast, 2017-2023

5.3.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Phase Change Material

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023

5.4 Thermo electrics

5.4.1 Market Estimates & Forecast, 2017-2023

5.4.2 Market Estimates & Forecast by Region, 2017-2023

6 Global Automotive Battery Thermal Management System Market, By Propulsion

6.1 Introduction

6.2 Battery Electric Vehicle

6.2.1 Market Estimates & Forecast, 2017-2023

6.2.2 Market Estimates & Forecast by Region, 2017-2023

6.3 Hybrid Electric Vehicle

6.3.1 Market Estimates & Forecast, 2017-2023

6.3.2 Market Estimates & Forecast by Region, 2017-2023

6.4 Plug-In Hybrid Electric Vehicle

6.4.1 Market Estimates & Forecast, 2017-2023

6.4.2 Market Estimates & Forecast by Region, 2017-2023

6.5 Fuel Cell Vehicle

6.5.1 Market Estimates & Forecast, 2017-2023

6.5.2 Market Estimates & Forecast by Region, 2017-2023

7 Global Automotive Battery thermal management system Market, By Battery Capacity

7.1 Introduction

7.2 0 – 200 KWh

7.2.1 Market Estimates & Forecast, 2017-2023

7.2.2 Market Estimates & Forecast by Region, 2017-2023

7.3 200 – 500 KWh

7.3.1 Market Estimates & Forecast, 2017-2023

7.3.2 Market Estimates & Forecast by Region, 2017-2023

7.4 > 500 KWh

7.4.1 Market Estimates & Forecast, 2017-2023

7.4.2 Market Estimates & Forecast by Region, 2017-2023

8 Global Automotive Battery Thermal Management System Market, By Vehicle Type

8.1 Introduction

8.2 Passenger

8.2.1 Market Estimates & Forecast, 2017-2023

8.2.2 Market Estimates & Forecast by Region, 2017-2023

8.3 Commercial

8.3.1 Market Estimates & Forecast, 2017-2023

8.3.2 Market Estimates & Forecast by Region, 2017-2023

9 Global Automotive Battery thermal management system Market, By Region

9.1 Introduction

9.2 America

9.2.1 Market Estimates & Forecast, 2019-2023

9.2.2 Market Estimates & Forecast by Technology, 2019-2023

9.2.3 Market Estimates & Forecast by Vehicle Type, 2019-2023

9.2.4 Market Estimates & Forecast by Battery capacity, 2019-2023

9.2.5 Market Estimates & Forecast by Vehicle Type, 2019-2023

9.2.6 U.S.

9.2.6.1 Market Estimates & Forecast, 2019-2023

9.2.6.2 Market Estimates & Forecast by Technology, 2019-2023

9.2.6.3 Market Estimates & Forecast by Propulsion, 2019-2023

9.2.6.4 Market Estimates & Forecast by Battery capacity, 2019-2023

9.2.6.5 Market Estimates & Forecast by Vehicle Type, 2019-2023

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2019-2023

9.2.7.2 Market Estimates & Forecast by Technology, 2019-2023

9.2.7.3 Market Estimates & Forecast by Propulsion, 2019-2023

9.2.7.4 Market Estimates & Forecast

Apr
18

Transportation system – definition of transportation system by The Free Dictionary

According to report published by Grand View Research, The global Intelligent Transportation System (ITS) market was valued at USD 25.58 billion in 2018 and is anticipated to register a CAGR of 10.5% over the forecast period.
Global Banking News-August 5, 2019-SCM Crude LLC reports binding open season for planned Delaware Basin crude oil gathering and transportation system
The state government is exploring the option of employing the latest train technology from China as a solution for greater Kuching urban transportation system, Chief Minister Datuk Patinggi Abang Johari Openg said here today.
Summary: Intelligent transportation system has panned out to be an ideal system for solving a range of problems which road traffic combats through the exchange between people, roads and automobiles
Traveling via the Integrated Transportation System (IDS) scheme in and around Bratislava has become cheaper from July 1.
ISLAMABAD — Chairman National Highway Authority (NHA) Jawwad Rafique Malik Monday issued directives for hiring a consultant firm for deployment of Intelligent Transportation System (ITS) at all national highways and motorways.
The perceived benefits of a truly functional mass transportation system cannot be fully realized because of an apparent lack of ample support and adequate funding.
For instance lack of permanent lecturers as well as absence of transportation system. A large number of permanent lecturers have left because of pursing higher studies in foreign countries.
It needs a basket of solutions, that is why we are pursuing the implementation of the Integrated Transportation System in Cebu in the next two years,’ Tugade said in statement.
The two mayors discussed exchanging specialists in smart transportation system and planning public transportation service timetables, organizing series of trainings in public transportation planning, developing cooperation with Bucheon city on smart transportation system and studying experience of Bucheon to improve operations at Ulaanbaatar Transportation Information Management Center.
“With the announcement of UAE smart city project, under which Dubai would be transformed into smart city by 2019, including 100 smart initiatives such as providing smart transportation and offering 1,000 smart services would result in an increase in demand for intelligent transportation system in UAE over the next three years,” said Shefali Goel, senior research analyst, Research and Consulting, 6Wresearch.

Source Article

Apr
16

Covid-19 deals a long-term hit to New York City’s transportation system

Part of the problem: The MTA entered the coronavirus pandemic already saddled with financial challenges. When Cuomo signed off on the budget in January, the MTA still hadn’t finished $15 billion in projects from earlier capital plans.

“There is…carryover work from the 2015-19 capital program where the contracts have yet to be awarded,” said Penner, who led the Federal Transit Administration’s New York office for 31 years. “They are legally bound to award those contracts.”

When you add in the old projects and the new ones, the MTA’s capital plan is closer to $70 billion, said Andrew Rein of the Citizens Budget Commission.

These old projects take precedence over new plans, creating both headaches and confusion for city planners trying to set funding priorities.

Looming over everything is the debt the MTA holds.

The the transit administration pays a dollar in interest on its loans for every six dollars it takes in, said Danny Pearlstein of the Riders Alliance.

“They’re in a really fiscally significant challenging position,” Rein said. “They’re bleeding money on a daily basis.”

State Comptroller Thomas DiNapoli said the MTA’s outstanding debt is projected to approach $53 billion by 2023.

It also doesn’t help that the MTA depends heavily on the municipal bond market to finance its projects. Officials had hoped that $25 billion in bond sales would provide its largest funding source for the capital budget. But as yields rise sharply, experts fear investors will abandon these bonds, and the MTA won’t be able to pay its obligations.

“A big part of what happens to the capital plan is what happens to bond yields,” said Nicole Gelinas, a senior fellow with the Manhattan Institute. “Do they have to pay slightly higher interest rates to access the market, and does that mean they need to pay more for the capital improvement plan?”

The MTA’s revenue projections for the 2020-24 capital improvement plan also depend on its operating budget—fares, tolls, real estate taxes, sales taxes, and city and state subsidies. But those are affected by the widespread disruption caused by the coronavirus and the uncertain timeline for when the economy will return to normal.

“They’re counting on $3 billion in revenue, and it’s totally naive to believe this is going to happen,” Penner said.

MTA officials also counted on an additional $15 billion from Cuomo’s controversial congestion pricing legislation. The significant decline in New York City traffic since the outbreak of the coronavirus, with no clear indication of when typical traffic patterns will resume, present a clear threat to the project.

What’s more, the congestion pricing plan has yet to gain federal approval by the Department of Transportation, primarily because of the Trump administration’s concerns over the plan’s environmental impact.

“A lot of questions are up in the air,” said Gelinas, noting the future tax base of the city and the willingness of individuals and businesses to shoulder a novel congestion charge are unknowns.

When asked at a March 25 press conference which specific programs in the capital

Apr
9

Automotive Engine Cooling System Market Size, Industry Share and Growth Rate 2019-2026

Automotive engine cooling system is an integral part of vehicle that maintains the temperature of engine by using air or liquid, in order to remove the excess heat. An efficient cooling system allows engine to perform better, thereby offering a better mileage and power to vehicles. Increase in manufacturing and sales of automotive vehicles is expected to spur the market growth over the forecast period.

Moreover, the smart engine cooling systems are gaining popularity due to various advantages offered, such as increased fuel efficiency, reduced tailpipe emission and less parasitic engine load. According to secondary research, it is estimated that by 2026 approximately more than 30% of vehicles will be equipped with engine cooling system whereas the remaining 70% will cover the hybrid and electric vehicles market.

To get information on various segments, share your queries with us

Implementation of stringent vehicle emission standard by governments across the globe is leading the manufacturers of cooling systems to improve the performance of these systems, in order to reduce emission of harmful gases such as NOx and CO. Moreover, engine downsizing is emerging as a novel technology in which smaller engines are capable of producing same power and torque as of larger engines that are embedded in compact vehicles, which is spurring the development of advanced engine cooling system modules.

In terms of cooling medium, liquid cooling system is most utilized engine cooling system owing to its compact size and better cooling performance, as it generates comparatively high amount of power than the air cooling engine. Moreover, emergence of multi-fuel engine technology is expected to provide lucrative opportunities to the players operating in this market.

Key Players Covered

Some of the major players in the automotive engine cooling market include Visteon Corporation, Mahle GmbH, BorgWarner, Calsonic Kansei Corporation, Continental AG, Valeo SA, Delphi Automotive LLP, Denso Corporation, Sogefi, Schaeffler Group and Perkins Engines Company Ltd.

SEGMENTATION 

SEGMENTATION

 DETAILS

By Vehicle Type

· Two Wheeler

· Passenger Vehicles

· Commercial Vehicles

      – Low Commercial Vehicles

      – Heavy Commercial Vehicles

By Engine Type

· Air-Cooled Engine

· Liquid-Cooled Engine

By Geography

· North America (USA, Canada and Rest of North America)

· Europe (UK, Germany, France, Scandinavia, Italy, Spain and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Argentina, Mexico and Rest of Latin America)

· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Regional Analysis

According to Asia Pacific Vehicle Aftermarket Summit 2017, Bangkok, ASEAN trade bloc is expected to become the world’s sixth largest automotive market over the forecast period. Growing environmental concerns in the emerging economics such as China, Taiwan, India regarding eco-friendly system or CO2 free vehicles have boosted the demand of automotive cooling system in APAC. It is being witnessed that, the European Commission is promoting reduction of CO2 and other greenhouse gases by supporting the manufacturers for technological implements. Moreover, the growing concerns regarding increasing global warming has