Top Insights for the Global Mobile Engine Filtration Market | Technavio

Technavio has published a new report on the global mobile engine filtration market from 2017-2021. (Graphic: Business Wire)

The latest market research report by Technavio on the global mobile engine filtration marketpredicts a CAGR of more than 6% during the period 2017-2021.

The report segments the global mobile engine filtration market by product type (liquid filter and air filter) and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Here are some key findings of the global mobile engine filtration market, according to Technavio heavy industry researchers:

  • Rising global automotive sales: a major market driver
  • In 2016, the liquid filter segment dominated with a market share of more than 65%
  • APAC held the biggest share of the market followed by the Americas and EMEA
  • Bosch Auto Parts, Cummins Filtration, DENSO, MAHLE, Donaldson Company, and Parker Hannifin are the leading players in the market

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Market growth analysis

Global passenger cars and commercial vehicles witnessed a combined growth of close to 5% annually during 2011-2016. Commercial and passenger transport vehicles incorporate several different filters, including engine air intake filters, fuel oil filters, lubricating oil filters, and cabin air filters. Thus, the large volume of sales and the growth of the automotive market make the global automobile industry the biggest consumer and driver of filtration systems for mobile internal combustion engines.

According to Gaurav Mohindru, a lead analyst at Technavio for research on engineering tools, “The filtration systems in cars, buses, and other transport vehicles play a significant role in keeping the engine running smoothly while simultaneously extending the vehicle’s lifespan. Although advances in filtration technology have extended the maintenance cycle period after which the automotive engine filters need to be replaced, the market is expected to grow due to the increasing vehicle sales and demand for high-end filters.”

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Geographical analysis

Technavio researchers anticipate high growth for the global mobile engine filtration market in APAC due to the region being home to several major automobile manufacturers, two-wheeler users, and the bulk of the shipping industry, all of which explain its huge share in the global mobile engine filtration market. Many countries in APAC have been witnessing rapid economic growth and rise in the middle-class population, which is fueling the demand for new vehicles in the region.

Competitive vendor landscape

The larger vendors such as Bosch Auto Parts, Cummins Filtration, DENSO, Donaldson Company, MAHLE, and Parker Hannifin have been focusing on product innovation and developing high-performance products to meet the growing demands of end-use customers as well as increasingly stringent regulations. The smaller vendors, which mostly sell low-cost aftermarket alternatives, may be unable to compete successfully in the market as they do not have sufficient capital to invest in R&D operations. This is expected to fuel further consolidation among filtration system manufacturers as well as engine component vendors during the next five years. For instance, in February 2017, Parker Hannifin acquired major filter manufacturer, CLARCOR, which is expected to boost Parker Hannifin’s ranking in the global market significantly.

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Source:-businesswire

Google Parent Alphabet Reports Strong Results on Mobile Ads, YouTube, Other Bets

Google Parent Alphabet Reports Strong Results on Mobile Ads, YouTube, Other Bets

Google’s parent company Alphabet on Thursday reported profit in the recently-ended quarter leapt as money poured in from ads delivered to mobile devices and returns improved on “other bets.”

Alphabet profit was up 32.4 percent to $6.7 billion (roughly Rs. 43,555 crores) on in the quarter on revenue that increased 24 percent to $27.8 billion (roughly Rs. 1,80,724 crores), up 24 percent from the same period a year earlier.

Chief financial officer Ruth Porat credited “strength across Google and Other Bets.”

The earnings topped market expectations, and Alphabet shares jumped in after-market trade on the Nasdaq exchange before concerns about growing expenses apparently caused them to settle back a bit to be up nearly 3 percent to $1,021.

“It is what everybody looks at every time: what is going on with expenses?” independent analyst Rob Enderle told AFP.

“For the most part they seem to be well managed, but you watch to make sure they remember they still have limits even though they are printing money.”

While mobile ads were a main area of growth, they brought with them higher traffic acquisition costs, pushing up Google expenses in a trend seen as unavoidable.

Investing in cloud services and artificial intelligence also means spending more on data centers to provide the massive computing power involved.

“I’ve been really proud of the progress this quarter; launching popular new products and continuing to grow our business in new areas,” Google chief executive Sundar Pichai said in an earnings call with analysts.

“It’s been particularly exciting to see our early bet on artificial intelligence pay off and go from a research project to something that can solve new problems for 1 billion people a day.”

YouTube continued to see “phenomenal growth” with more than 1.5 billion people spending an average of an hour a day watching videos there on mobile devices, and surging use on television screens in homes, according to Pichai.

He boasted of progress winning businesses over to Google services hosted in the internet cloud, where the company competes with Amazon and Microsoft in that market.

Pichai also said that opening day pre-orders for recently unveiled Pixel 2 smartphones were double that seen for the first-generation Pixel.

Google is “seriously committed to making hardware” as well as working with partners such as South Korean consumer electronics giant Samsung which is a major producer of smartphones powered by Android software made available free by the US Internet company.

“The intersection of hardware and software is how you drive computing forward,” Pichai said.

“I think it’s important we thoughtfully put our opinion forward.”

Smartphones and other devices “made by Google” can showcase the potential of its Android and Chrome software, setting a bar for partners.

Moonshots
A corporate reorganisation started two years ago created Alphabet, which has holdings including cash-engine Google and ventures devoted to innovative “moonshots” such as Waymo self-driving car unit and a Loon project for delivering internet service from high-altitude balloons.

Subsidiaries other than Google were put into an “other bets” group which saw revenue in the quarter rise to $302 million (roughly Rs. 1,963 crores) from $197 million (roughly Rs. 1,280 crores) during the same three-month period last year.

Google ads accounted for the bulk of Alphabet revenue, contributing $27.47 billion (roughly Rs. 1,80,369 crores), according to the earnings release.

Alphabet earlier this year spun off a little-known unit working on geothermal power called Dandelion, which will begin offering residential energy services.

Dandelion chief executive Kathy Hannun said her team had been working for several years “to make it easier and more affordable to heat and cool homes with the clean, free, abundant, and renewable energy source right under our feet,” and that the efforts culminated in the creation of an independent company outside of Alphabet.

Meanwhile, Alphabet’s life sciences unit Verily announced a study to track people for years, right down to their genetics, in a quest for insights into staying healthy.

Alphabet also owns Nest, which recently expanded its line-up of smart home devices to include a security system.

Nest, Fiber, and Verily were said to be top performing other bets in the quarter.

Waymo on Thursday announced plans to begin testing self-driving cars in notoriously troublesome ice and snow conditions in the US state of Michigan this winter.

[“Source-gadgets.ndtv”]

Paytm Says Mobile Wallets Will Become Strong Players in Financial Ecosystem

Paytm Says Mobile Wallets Will Become Strong Players in Financial Ecosystem

Mobile wallets will become strong players in the financial ecosystem as the RBI guidelines on prepaid instruments will allow more features like unlimited transfer of funds between a bank account and a wallet, a top official of Paytm Payments Bank said.

Paytm Payments Bank MD-CEO Renu Satti said the RBI guidelines released this month will enable mobile wallets to gain access to more functionalities like unlimited transfer of funds between a bank account and a wallet and higher limit of up to Rs. 1 lakh for money transfer to beneficiary accounts.

She added that as part of Paytm Payments Bank, customers get the convenience of wallets and can earn interest on their deposits by transferring money from the wallet to their payments bank account.

“This will further strengthen the value proposition of mobile wallets and make them stronger players in the financial ecosystem,” Satti said.

Paytm has over 270 million registered wallet users. However, the mandate to undertake KYC of customers could be a challenge as mobile wallets companies will have to make additional investments in the diligence process.

The KYC (Know Your Customer) process allows banks and other institutions to obtain and verify information about customers’ identity and address.

As per the new norms, mobile wallets that were conforming to a minimum KYC format (like verification of mobile number) will have to get full KYC of customers done within 12 months of setting up the wallet.

Paytm has already said it plans to invest $500 million towards the KYC exercise over the next three years.

Satti said while the process may seem time-consuming, it will also help prevent identity theft, fraud and money laundering and ensure customers’ money is safer than ever before.

“The new RBI guidelines would bring greater confluence and power to m-wallets. It will also ensure money transfers are simpler and financial systems are safer,” she added.

Paytm has introduced a ‘Nearby KYC Points’ section in its app that directs users to nearby partner shops and locations where customers can get Aadhaar biometric KYC done for their Paytm wallets.

Paytm Payments Bank started its operations earlier this year. Its Chairman Vijay Shekhar Sharma owns majority stake in the company, while the remaining share is owned by One97 Communications.

Disclosure: Paytm’s parent company One97 is an investor in NDTV’s Gadgets 360.

[“Source-gadgets.ndtv”]

Qualcomm Unveils Snapdragon 636, Conducts First 5G Test on Mobile

Qualcomm Unveils Snapdragon 636, Conducts First 5G Test on Mobile

HIGHLIGHTS

  • Qualcomm said it has achieved a 5G data connection on a 5G modem
  • The company also unveiled Snapdragon 636 mid-tier SoC
  • Qualcomm also announced 5G smartphone reference design

Qualcomm said on Tuesday that it had achieved a 5G data connection on a 5G modem chipset for mobile devices, further demonstrating its capabilities as phone makers and network operators work on solutions for 5G networks. On the sidelines, Qualcomm also previewed its first 5G smartphone reference design for testing and optimisation of 5G technology. The company also announced the Snapdragon 636.

The chipmaker beamed a 5G data connection on Snapdragon X50 5G modem, the chipset it unveiled last year. The X50 delivered gigabit speeds and a data connection in the 28GHz mmWave radio frequency band. “This major milestone and our 5G smartphone reference design showcase how Qualcomm Technologies is driving 5G NR in mobile devices to enhance mobile broadband experiences for consumers around the world,” said Cristiano Amon, Executive Vice President, Qualcomm Technologies and President, QCT.

“The ability to progress from a product announcement to functional silicon in twelve months speaks to Qualcomm Technologies’ generational cellular technology leadership – now extending to 5G,” the company said in a press release.

Qualcomm says it demonstrated 5G data connection at its laboratories in San Diego. The company also boasted of its SDR051 mmWave RF transceiver integrated circuit (IC), which was key to the success of the demonstration. The Snapdragon X50 5G NR modem family is expected to show up in 5G smartphones and networks in the first half of2019.

On the sidelines, Qualcomm also unveiled the Snapdragon 636. New addition to the company’s mid-range lineup, Snapdragon 636 SoC brings support for FHD+ (full HD+, 1080×2160 pixels) display. The arrival of Snapdragon 636 is expected to trickle down the near-bezel less and tall displays to mid-range smartphones. The Snapdragon 636 also supports Assertive Display, the company said.

[“Source-gadgets.ndtv”]