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Cylinder Deactivation System Market Projected to Witness a Double-Digit CAGR During 2019-2027
Cylinder Deactivation System Market: Introduction
Increase in demand for fuel-efficient vehicles prompted by the enactment of stringent emission norms and regulations by government authorities and regulatory bodies across the globe is anticipated to drive the global cylinder deactivation system market
Vehicle emission is a major contributor to the increase in air pollution and causes climate change across the globe. Therefore, post signing of the Paris Agreement in 2016, various governments have enacted stringent regulations on the auto industry, which is prompting automakers to innovate advanced solutions to curb vehicle emission and consequently, reduce its impact on air pollution. This is a key factor driving developments in vehicle engine technology and subsequently, driving the global cylinder deactivation system market.
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Key Drivers of Cylinder Deactivation System Market
Rise in preference toward vehicles with enhanced power is anticipated to drive the global cylinder deactivation system market. Engines with more cylinders deliver more power. These engines are fitted with a cylinder deactivation system to facilitate the deactivation of a few cylinders while the engine is operating. This, in turn, helps decrease fuel consumption and improve fuel-efficiency on long roads or highways; consequently, reducing vehicle emissions.
Technological advancements aimed at improving vehicle efficiency are expected to boost the global cylinder deactivation system market. For instance, adoption of the overhead CAM design method in engines is rising, as compared to the pushrod design, due to several advantages offered by the technology, such as high performance and increased fuel economy, better airflow that can be used to expand the operating range of high-speed engines. This is expected to propel the global cylinder deactivation system market.
Rise in per capita income indicates an increase in the purchasing capacity of the population in the respective region. This, in turn, is propelling the trend of owning a vehicle among the population, thereby fueling sales of vehicles across the globe and consequently, propelling the global cylinder deactivation system market.
However, disruptions in supply chain catering to the automobile industry, owing to shutdown of production and manufacturing facilities caused by the coronavirus pandemic across the world, is estimated to contract the market in 2020-2021. Consequently, the coronavirus pandemic has hampered the global cylinder deactivation system market.
The market is anticipated to recover by increasing production volume of vehicle components as well as vehicles in 2021. This, in turn, is projected to offer lucrative opportunity to players operating in the supply chain of the cylinder deactivation system market during the forecast period.
Asia Pacific to account for major share of global cylinder deactivation system market
In terms of region, the global cylinder deactivation system market can be segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa
Asia Pacific has presence of strong economies including China, Japan, India, and South Korea. Expansion of the e-commerce industry coupled with presence of well-established supply chain network catering to the shipbuilding industry, automobile production, and heavy machinery manufacturing is boosting the demand for vehicles. This, in turn, is expected to drive the cylinder deactivation system market in the region.
Presence of numerous automotive manufacturers and automakers in the regions is another factor contributing to the major share held by Asia Pacific in the global cylinder deactivation system market
Key Players Operating in Cylinder Deactivation System Market
The global cylinder deactivation system market is highly concentrated due to the presence of top manufacturers. A few key players operating in the cylinder deactivation system market are:
Aisin Seiki Co. Ltd.
Borgwarner Inc.
Continental AG
Delphi Technologies
Denso Corporation
Eaton
FEV
Gates Corporation
Hilite International
Hyundai Kefico Corporation
Mikuni Corporation
Mitsubishi Electric Corporation
Pmg Holding GmbH
Robert Bosch GmbH
Schaeffler AG
Tenneco Inc.
Tula Technology, Inc.
Valeo SA
ZF Friedrichshafen AG
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Global Cylinder Deactivation System Market: Research Scope
Global Cylinder Deactivation System Market, by Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
Global Cylinder Deactivation System Market, by Fuel Type
Gasoline
Diesel
Global Cylinder Deactivation System Market, by Valve Actuation Method
Overhead CAM Design
Pushrod Design
Global Cylinder Deactivation System Market, by Number of Cylinders
Up to 6
6 and Above
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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iol247 · 4 years
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3 new laws South Africa’s politicians are considering – including one that will nationalise the Reserve Bank
On Tuesday (29 October), the National Assembly revived 14 bills which had lapsed at the end of the fifth parliament.
According to the Parliamentary Monitoring Group (PMG) there were 39 unfinished bills when parliament dissolved.
These bills need to be officially ‘revived’ and reintroduced before they are allowed to undergo the rest of the process of becoming official laws.
Below BusinessTech looked at three of the most notable bills that are being revived and what they mean for South Africans.
SARB Amendment Bill (2018)
In August 2018, the EFF tabled the South African Reserve Bank Amendment Bill, which seeks to nationalise the central bank.
South Africa’s central bank is one of the few in the world that’s still owned by private shareholders.
The draft bill provides for the following:
The State as the sole shareholder of the shares in the Bank;
The responsibility of the President of the Republic in consultation with the Minister of Finance and Parliament to appoint the Governor, Deputy Governors and all other directors of the Bank; and
The role of the Minister of Finance as a shareholder to exercise the rights attached to the shares in the Bank.
While the bill is a ‘private members bill’, it aligns with the ruling ANC’s own position on nationalising the Reserve Bank which means it may gain traction from the ruling party.
However, the government may ultimately decide to publish its own draft bill around nationalisation instead of using the EFF’s framework.
Prevention and Combatting of Hate Speech and Hate Speech Bill
Initially tabled in 2016, the Hate Speech Bill has come under a large amount of public scrutiny since its introduction, primarily because of the large number of characteristics which are now covered under ‘hate speech’.
Under the new laws, hate speech will be defined as a clear intention to be harmful or to incite harm, or promote or propagate hatred on the basis of these characteristics:
Age;
Albinism;
Birth;
Colour;
Culture;
Disability;
Ethnic or social origin;
Gender or gender identity;
HIV status;
Language;
Nationality;
Migrant or refugee status;
Race;
Religion;
Sex (which includes intersex or sexual orientation).
The latest draft of the bill (April 2018) now includes a section of scenarios where the hate speech rules will not apply.
The new section states that the offence of hate speech does not apply in respect, terms of the above characteristics if it is done in good faith in the course of engagement in:
Any bona fide artistic creativity, performance or other forms of expression, to the extent that such creativity, performance or expression does not advocate hatred that constitutes an incitement to cause harm;
Any academic or scientific inquiry;
Fair and accurate reporting or commentary in the public interest or in the publication of any information, commentary, advertisement or notice, in accordance with section 16(1) of the Constitution;
The bona fide interpretation and proselytising or espousing of any religious tenet, belief, teaching, doctrine or writings, to the extent that such interpretation and proselytisation does not advocate hatred that constitutes incitement to cause harm.
While the changes made will likely be welcomed due to the protection that they now offer to people acting under good faith, adding additional tests for what does and does not qualify as ‘hate speech’ is also likely to greatly complicate the offence.
This is important, as someone who assumed that they had protection and said things in good faith (and for those who would be protected under current laws) could still face severe punishments should they be found guilty of the offence of hate speech.
This includes a fine and imprisonment not exceeding three years for first-time offenders, and a fine or imprisonment for a period not exceeding five years for any subsequent offences.
Road Accident Benefit Scheme Bill
The RABS is set to replace the current Road Accident Fund and will act as a social security scheme for the victims of road accidents.
According to Kirstie Haslam, a partner at DSC Attorney, some of the major changes introduced by the bill include:
Payments for loss of income will no longer be made in lump sums – instead, they’re to be paid monthly, will be capped, and in some cases limited to the national average salary (approximately R3,500 per month);
Regardless of whether an individual has been fully rehabilitated, payments will automatically cease after 15 years; when the injured party returns to work; or when the injured party reaches the age of 60;
Minors will qualify for compensation for lost earning potential – again capped at the national average – only when they turn 18, regardless of how serious their injuries are;
Claims must be paid through an administrator instead of a private attorney;
All claims will need to be submitted electronically;
Claimants will have to cover the costs of obtaining medical and police reports, with limited potential for reimbursement through the fund.
https://businesstech.co.za/news/government/349969/3-new-laws-south-africas-politicians-are-considering-including-one-that-will-nationalise-the-reserve-bank/
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