Traction Control System Market to grow at a CAGR of 6.32% from 2022 to 2027|The rising adoption of advanced driver assistance systems is a primary trend -Technavio

NEW YORK, Dec. 11, 2023 /PRNewswire/ — The traction control system market size is estimated to grow by USD 10.84 billion from 2022 to 2027. The market is estimated to accelerate at a CAGR of 6.32%, according to Technavio. The rising adoption of advanced driver assistance systems is a primary trend in the key traction control system market. Some of the… Continue reading Traction Control System Market to grow at a CAGR of 6.32% from 2022 to 2027|The rising adoption of advanced driver assistance systems is a primary trend -Technavio

Programmable Logic Controller (PLC) Market in APAC to increase by USD 1.19 billion during 2023 to 2028; Increasing demand for PLCs in renewable power generation boosts the market growth – Technavio

NEW YORK, Dec. 11, 2023 /PRNewswire/ — The programmable logic controller (PLC) market in APAC is expected to grow by USD 1.19 billion between 2023 and 2028. However, the growth momentum of the market will progress at a CAGR of  4.83% during forecast period. The market is segmented by end-user (process industry, discrete industry, and building automation),… Continue reading Programmable Logic Controller (PLC) Market in APAC to increase by USD 1.19 billion during 2023 to 2028; Increasing demand for PLCs in renewable power generation boosts the market growth – Technavio

Japan’s SMFG follows MUFG foray into Indonesian car loan business

TOKYO — Sumitomo Mitsui Financial Group (SMFG) on Monday said it will spend 20 billion yen ($136 million) for 51% of the shares in two Indonesian auto loan companies, following a similar move by rival Mitsubishi UFJ Financial Group as the Japanese megabanks move to cash in on the Southeast Asian country’s booming population. In… Continue reading Japan’s SMFG follows MUFG foray into Indonesian car loan business

Japan’s SMFG follows MUFG foray into Indonesian car loan business

TOKYO — Sumitomo Mitsui Financial Group (SMFG) on Monday said it will spend 20 billion yen ($136 million) for 51% of the shares in two Indonesian auto loan companies, following a similar move by rival Mitsubishi UFJ Financial Group as the Japanese megabanks move to cash in on the Southeast Asian country’s booming population. In… Continue reading Japan’s SMFG follows MUFG foray into Indonesian car loan business

Combined heat and power market to grow by USD 9.35 billion from 2023 to 2028, APAC accounts for 52% of market growth – Technavio

NEW YORK, Dec. 8, 2023 /PRNewswire/ — The combined heat and power market size is expected to grow by USD 9.35 billion from 2023 to 2028. In addition, the growth momentum of the market will progress at a CAGR of 6.29% during the forecast period, according to Technavio. An increase in the consumption of energy globally is notably… Continue reading Combined heat and power market to grow by USD 9.35 billion from 2023 to 2028, APAC accounts for 52% of market growth – Technavio

Toshiba, Rohm to invest $2.7b to jointly produce power chips

Toshiba and Rohm said on Friday they would invest 388.3 billion yen ($2.7 billion) to jointly produce power chips, the first collaboration since Rohm’s participation in a $14 billion buyout of Toshiba. The latest partnership is what the Japanese industry ministry has hoped for out of concerns that the country’s power chip industry is too fragmented to… Continue reading Toshiba, Rohm to invest $2.7b to jointly produce power chips

Amyotrophic Lateral Sclerosis Treatment Market size to grow by USD 663.7 million from 2023 to 2028, North America to account for 42% of market growth – Technavio

NEW YORK, Dec. 7, 2023 /PRNewswire/ — The amyotrophic lateral sclerosis treatment market is expected to grow by USD 663.7 million from 2023 to 2028. In addition, the momentum of the market will progress at a CAGR of  12.79% during the forecast period, according to Technavio Research. The market is segmented by Type (Intravenous and Oral), Distribution Channel… Continue reading Amyotrophic Lateral Sclerosis Treatment Market size to grow by USD 663.7 million from 2023 to 2028, North America to account for 42% of market growth – Technavio

Power & Utilities Sector Innovation: Tech-Driven Transformation of Power Transmission Lines

DUBLIN, Dec. 7, 2023 /PRNewswire/ — The “Power Lines in Utilities 2.0 – How Tech is Driving the Sector Innovation” report has been added to  ResearchAndMarkets.com’s offering. The power & utilities sector is leveraging technologies such as intelligent monitoring, digital twins, AI, robotics, and IoT to boost the efficiency, safety, and reliability of power transmission lines.… Continue reading Power & Utilities Sector Innovation: Tech-Driven Transformation of Power Transmission Lines

Nissan’s go-it-alone shift clouds Renault alliance

TOKYO — French automaker Renault appears to be going out of its way to demonstrate that its partnership with Nissan Motor remains rock solid even as the Japanese partner adopts its own strategy in Europe. Leaders from Renault, Nissan and Mitsubishi Motors on Wednesday presented strategies in their first joint news conference since the three-member… Continue reading Nissan’s go-it-alone shift clouds Renault alliance

Rashida Jones Partners with Mitsubishi Motors, First U.S. Brand-level Spokesperson in Company History

Jones to star in upcoming advertising to promote the company’s Mitsubishi Motors Confidence program Every 2024 Mitsubishi comes with a two-year/30,000-mile Limited Maintenance Included program Industry-leading 10-Year/100,000-mile Powertrain Limited Warranty and roadside assistance program continues Five-year/unlimited mile Roadside Assistance program among the best in the industry FRANKLIN, Tenn., Dec. 7, 2023 /PRNewswire/ — Mitsubishi Motors… Continue reading Rashida Jones Partners with Mitsubishi Motors, First U.S. Brand-level Spokesperson in Company History