NI 7 days 2022 Highlights Automotive Screening Technologies And ADAS Details Collection

Last month, NI (the organization beforehand known as Nationwide Instruments) held its once-a-year NI 7 days party in Austin, TX. While I was unfortunately not able to attend, I did observe the information from the conference closely. NI is a leading producer of automatic test products and virtual instrumentation software package, which usually means that even if you have under no circumstances read of it, you’ve most likely employed a lot of the technological know-how it aided enable (4G and 5G connectivity, for instance).

Whilst quite a few announcements arrived out of the occasion, I required to emphasize a handful of relevant to the automotive tech sector. Amongst the growing recognition of EVs (electric autos) and the improvement of ever more autonomous vehicles, the sector is going through a considerable transformation. You’ll frequently discover NI on the bleeding edge of emergent systems, given the technological innovation just before it goes community. Let’s seem at what NI is accomplishing to enable the following era of significant-tech cars.

Screening, screening

Initially, NI unveiled its hottest Battery Take a look at Method (BTS), designed to test electrical car or truck batteries. Batteries are potentially the solitary most integral component to the electrification of motor vehicles and motion absent from fossil fuel dependence. In the early days of EVs, the shorter distance you could go among rates was a sizeable inhibitor of adoption (to say very little of the vehicles’ prohibitively large price tag tags). Despite considerably innovation and advancement, the battery is nevertheless important to unlocking the sustainability, safety, price and performance required to motivate prevalent client obtain-in to EVs. Sadly, enhancing, innovating on and testing these EV batteries places a enormous pressure on engineering assets recurrent changes to the tests requirements drive structure and take a look at teams to continuously up grade and adapt.

NI guarantees its BTS option will make this course of action much easier for Tier 1 suppliers and automakers, enabling them to take a look at their batteries at scale, out-of-the-box, with customization abilities to fulfill a selection of examination roles and needs. The procedure is computer software-linked, permitting buyers to combine parts these types of as electricity electronics, environmental chambers, measurements and examination channels, at scale, within just their tests. Also, the system facilitates conversation and coordination concerning testing and structure teams on items these kinds of as the configuration, working and checking of exams and the requesting and reporting of final results. Additionally, NI says the BTS answer will aid engineers deliver on EV timelines, in the price range and at the rate of market place requires.

Fleet on the road

NI also declared, in league with quite a few companions, the deployment of a fleet of ADAS research autos in Europe, the U.S. and China. These automobiles, outfitted with data recording and storage engineering from NI and Seagate Engineering and integration providers from ADAS companies Konrad Technologies and VSI Labs, will acquire large-good quality facts to prepare, examination

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Zacks Industry Outlook Highlights O’Reilly Automotive, AutoZone, CarMax and Advance Auto Parts

For Immediate Release

Chicago, IL – March 7, 2022 – Today, Zacks Equity Research discusses O’Reilly Automotive ORLY, AutoZone AZO, CarMax KMX and Advance Auto Parts AAP.

Industry: Auto Retail Parts

Link: https://www.zacks.com/commentary/1877372/4-promising-stocks-in-spotlight-from-the-auto-retail-parts-industry

Growing demand for complex-technology embedded cars is providing impetus to the Zacks Automotive- Retail and Wholesale- Parts industry. The introduction of high-tech vehicles has led consumers to take more professional help, opening up more opportunities for the industry. While chip famine may cause near-term obstacles, the overall prospects of the industry participants, including O’Reilly AutomotiveAutoZone CarMax and Advance Auto Parts, hold promise thanks to rapid digitization, aging vehicles and the soaring popularity of electric vehicles.

Industry Overview

The automotive sector’s performance depends on its retail and wholesale network. Through dealership and retail chains, companies in the Zacks Auto Retail and Wholesale industry carry out several tasks. These include the sale of new and used vehicles, light trucks as well as auto parts, execution of repair and maintenance services, along with the arrangement of vehicle financing.

The industry, being consumer cyclical, is dependent on business cycles and economic conditions. Consumers and businesses spend more on big-ticket items when they have higher disposable income. On the contrary, when income is tight, discretionary expenses are the first to be slashed.

Importantly, the coronavirus pandemic has brought considerable changes in the operating environment, with the industry laying more emphasis on e-commerce retailing, and the trend is here to stay.

3 Key Themes

Tech Advancement Creating Opportunities: The industry is undergoing a radical change with evolving customer expectations and technological innovation acting as game changers. An increase in the number of new, complicated and high-tech vehicles has compelled consumers to opt for more professional assistance instead of opting for DIY (“Do It Yourself”).

Widespread usage of technology and rapid digitization are resulting in a fundamental restructuring of the automotive market and auto parts suppliers need to develop a detailed roadmap to make the most of the opportunities in a changing market scenario.

Increasing Longevity of Vehicles Serving as a Catalyst: The increasing average age of vehicles is driving the demand for auto parts. Per IHS Markit, the average age of U.S. vehicles hit a record of 12.1 years in 2021. The aging vehicles are a boon to the retail and wholesale auto parts industry. In a bid to ensure the long-term functioning of the aging vehicle population, customers are making investments to replace faulty vehicle parts and components, thereby boosting sales of retail and wholesale parts.

Chip Shortage Acting as a Spoiler: Shortage of semiconductor supply is hampering the balance between demand and supply and is adversely impacting vehicle production. Several auto companies have been forced to make production cuts, and the situation doesn’t appear to ease out till at least mid-2022. This is limiting the demand for retail and wholesale auto parts.

Also, rising commodity costs, a tough labor market and logistical challenges are acting as headwinds. Consequently, near-term revenues and earnings of industry

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Supplyframe Purchaser Study Highlights Shifting Automobile Buying Behaviors, Purchaser Sentiment About the Automotive Industry

PASADENA, Calif.–(Business WIRE)–Supplyframe right now released research indicating that most individuals anticipate detrimental fallout from supply chain shortages fueled by the pandemic to continue all over 2022. This exact study displays that the restricted provide of autos due to a deficiency of offered semiconductors and digital components has adversely impacted the automobile industry’s track record and led to a shift in shopper purchasing behaviors that prompted some U.S. consumers to acquire used fairly than new cars and trucks – or not to get automobiles at all.

The investigate is based on a the latest study, executed by Propeller Study on behalf of Supplyframe, of much more than 1,000 U.S. shoppers ages 18 and more mature. According to the study results, just about a 3rd (32%) of U.S. people stated that they have been impacted by the automotive chip scarcity. Close to 50 percent (48.3%) mentioned that the resulting lack of automotive stock led them to purchase a made use of vehicle as an alternative of a new just one. About the identical selection (48.5%) claimed that they have recognized an improve in automotive prices amid the pandemic, and a lot more than a fifth (21.8%) stated that inflated price ranges have deterred them from acquiring a auto.

“Due to the pandemic, the automotive marketplace has confronted difficulties with creation as effectively as with a altering client mindset, as highlighted by this study,” mentioned Supplyframe CEO and founder Steve Flagg. “But even outside of the pandemic, the automotive sector will carry on to contend with companies in other industries this kind of as aerospace, customer electronics and health care gadgets for a dwindling supply of semiconductors and electronic components. Possessing several industries sourcing from a shared supply will direct to issues even in the extensive term. Automakers and organizations in these other sectors now need to have to question by themselves how they can much better deal with the chip scarcity to meet up with purchaser demand and allow more quickly distribution.”

A Strong Share of U.S. Consumers Are Now Aware of the Global Chip Lack and Its Impacts

Chip shortages have dominated headlines due to the fact early 2020. So, whilst semiconductor and electronic ingredient provide chain conversations have typically been reserved for new product or service style and procurement experts at manufacturing firms, the ongoing discomfort brought about by the vehicle and chip shortages has improved shopper consciousness of this kind of matters.

Virtually 50 percent (47.5%) of customers mentioned that they are familiar with the automotive chip scarcity. And almost a 3rd (32%) of all those surveyed said that they had been impacted by this chip shortage. Only 12.9% of U.S. people believe that that we will ultimately be back to regular delivery and production times this yr. Just above 40% think shortages will decrease gradually in 2022. And just about 50 % (46.7%) explained that they think the shortages will carry on through 2022.

Nonetheless, when analysts predicted that the shortages would achieve a

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BIS Exploration Study Highlights the Wiring Harnesses and Connectors for Electric Autos Market place to Arrive at $22.87 billion by 2031

FREMONT, Calif., Jan. 21, 2022 /PRNewswire/ — The wiring harnesses and connectors for the electric motor vehicles marketplace is projected to arrive at $22.87 billion in phrases of earnings by 2031 at a CAGR of 23.4%, reveals the top quality sector intelligence research by BIS Analysis.

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The automotive business is going through soaring adoption of electric automobiles due to transforming customer preferences, growing fears pertaining to driver safety, environmental considerations, and acute government regulations and guidelines.

In excess of time, the automotive field is evolving, and specialized enhancements are currently being built for electric powered auto extras these types of as battery units, cooling units, wiring harness methods, and other infrastructure. Wiring harnesses stay to be just one of the most vital components of any car as they comprise a person of the heaviest and most high-priced pieces of the car or truck.

The specific study is a compilation of 249 Market Information Tables and 52 Figures spread by way of 265 Internet pages and in-depth TOC on “Wiring Harnesses and Connectors for Electrical Vehicles Current market – Evaluation & Forecast, 2020-2031”

USP of the Report

  • A devoted segment concentrating on the present and futuristic tendencies adopted by the important gamers operating in the wiring harnesses and connectors for electric cars industry.

  • Substantial competitive benchmarking of best 15 gamers providing a holistic look at of the wiring harnesses and connectors for electric cars marketplace landscape.

  • Qualitative and quantitative assessment of wiring harnesses and connectors for electric cars current market at the region and nation-amount and granularity by application and product or service segments.

Analyst’s Acquire on the Market:

According to Dhrubajyoti Narayan, Lead Analyst, BIS Analysis, “The regional manufacturing of electrical automobiles is a detrimental factor in the wiring harnesses and connectors for electric powered cars current market. With the escalating level of popularity of alternate energy cars, the market place for substantial voltage wiring harnesses is also witnessing a boom. Thicker and fuller wires are utilized in electric motor vehicles when when compared to ICE cars, which boosts the excess weight and lowers the range of the vehicle, for which mild-fat supplies this kind of as aluminum are being used.”

Watch the report on Wiring Harnesses and Connectors for Electric powered Vehicles Industry

Vital Organizations Operating in the Marketplace and Competitiveness Landscape

Sumitomo Electric powered Industries, Ltd., Leoni AG, Aptiv PLC, Fujikura Ltd., Kromberg & Schubert GmbH, Coroplast Group, SINBON Electronics Co., Ltd., Korea Electric powered Terminal Co., Ltd., EG Electronics, LS Cable & Technique Ltd., TE Connectivity, ACOME, Gebauer & Griller, Continental AG, and Lear Corporation are the important firms working in the sector.

The firms profiled in the report have been chosen post-in-depth interviews with specialists and understanding information of organizations these kinds of as their item portfolios, annual revenues, industry penetration, analysis and enhancement initiatives, and domestic and global existence in the wiring harnesses and connectors for electric vehicles market.

Who Need to Get this Report?

Request for

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Volvo Breach Highlights Require for Securing Automobile R&D Knowledge

Advanced SOC Operations / CSOC
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Company Continuity Administration / Disaster Restoration
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Cybercrime

Upcoming-Gen Security Measures Vital for Auto Producers, Some Industry experts Say

Volvo Breach Highlights Need for Securing Auto R&D Data
(Resource: Nationwide Highway Traffic Safety Administration)

On Dec. 10, Swedish car company Volvo Autos reported that a person of its repositories experienced been illegally accessed by a third bash and that danger actors had stolen a “constrained amount of money” of the company’s research and advancement residence throughout the intrusion.

See Also: How to Uplevel Your Defenses with Security Analytics

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The Volvo data breach is the most up-to-date cyberattack specific at the automotive industry. Automobile brands are not only staving off regular types of cyberattacks such as ransomware, but are also dealing with threats arising from telematics and related car or truck elements. Scale, geolocation and enormous volumes of info created from hundreds of thousands of endpoints increase to the complexity.

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Current Cyberattacks in the Automotive Sector

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Study displays that around 200 cybersecurity incidents have been noted in 2020, and this 12 months has also found its fair share of cyberattacks.

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In February, U.S. car big Kia Motors was hit by a ransomware assault by the DoppelPaymer gang. According to a report by Bleeping Laptop or computer, the incident was a double-extortion assault, with a ransomware gang demanding $20 million for the decryptor important in addition to its assurance that it wouldn’t leak the data.

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Next the incident, Kia Motors experienced a “nationwide IT outage” that afflicted its cellular apps, mobile phone providers, payment programs, consumer-dealing with internet websites and interior supply chain apps.

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In June, the own info of 3.3 million shoppers – such as the delicate info of 90,000 Volkswagen and Audi prospects – was uncovered after an unauthorized 3rd-get together access. Investigations revealed that the knowledge was still left unsecured for 21 months.

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In Oct, German automobile component supplier Eberspächer Team was compelled to send its workforce on compensated leave right after a targeted cyberattack crippled its IT programs, in accordance to a report by news platform The Record.

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Though most of the previously assaults possibly threw a firm’s operations off track or afflicted the firm’s source chain, the cyberattack on Volvo Cars particularly specific the firm’s analysis info.

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The incident opens up queries about the cyber resiliency of automotive organizations, particularly around securing mental residence.

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Securing R&D Information

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“Protecting crucial belongings, these types of as investigation knowledge, is in particular important in a substantial-depth marketplace like automotive. Producers ought to go on to glance at how they take care of, retail outlet and share details to guard these belongings,” Chris Clark, remedies architect in automotive application and stability at automotive tech business Synopsys Inc., tells Facts Safety Media Group.

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Pauline Losson, cyber operations director at French digital chance protection firm CybelAngel and previous security analyst at France’s Office of Protection, identifies two significant challenges connected to R&D facts or mental

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BizVibe Highlights Key Challenges Facing the Automotive Parts, Accessories, and Tire Stores Industry

NEW YORK, Nov. 3, 2021 /PRNewswire/ — BizVibe has added key challenges and trends for automotive parts, accessories, and tire store industry profiles on their platform. All 17,000+ company profiles will now contain 50+ company data points, including a list of potential challenges which are expected to impact market participants over the next few years.

Snapshot of key challenge impacting BizVibe's automotive parts, accessories, and tire stores industry group.

Snapshot of key challenge impacting BizVibe’s automotive parts, accessories, and tire stores industry group.

One challenge which is being highlighted is the current drop in automobile sales. Multiple factors are affecting automobile sales, including the rise of shared mobility ecosystems, improvements to public transport infrastructure, and sustainability concerns. To add to these challenges, COVID-19 lockdowns, social distancing norms, and decreased disposable income have discouraged customers from car purchases for a prolonged period. Sales of auto parts are directly dependent on the number of vehicles on the road, and therefore sluggish or declining growth in automobile sales is expected to also impact the growth potential of these stores. By identifying such challenges, BizVibe is helping users analyze which suppliers are right for their business, while allowing them to efficiently monitor the risk of doing business.

Get Free Access to all Industry Challenges

Key Insights Provided for Automotive Parts, Accessories, and Tire Stores

In addition to analysis on how key challenges are expected to impact businesses, BizVibe company profiles contain numerous high-quality insights to help users discover, track, compare, and evaluate suppliers or sales prospects. These insights include:

  • Relevance and influence of industry trends and challenges, segmented by region

  • Press releases and news coverage referencing key trends and challenges

  • Risk of doing business score, segmented by operational, financial, compliance, and country risk

  • Top company competitors at the global, regional, and national levels

  • Names of top company decision makers, including job titles and social profiles

  • Company financials such as annual revenue, profitability ratios, and management effectiveness

View 50+ Company Data Points for Free

Automotive Parts, Accessories, and Tire Product and Service Categories

BizVibe’s platform provides access to 30M+ buyer and supplier company profiles. Businesses from more than 200 countries are categorized into 40,000+ product and service categories, each providing detailed insights tailored to the needs of procurement and sales teams globally. The automotive parts, accessories, and tire stores industry group features 17,000+ company profiles categorized into multiple product and service categories, enabling clients to identify and connect with potential new business partners across diverse market segments.

Get Free Company Profile Access for all Categories

BizVibe for Buyers and Sellers

BizVibe is a modern B2B platform dedicated to connecting buyers and sellers from around the world. Powered by the latest best-in-class solutions, BizVibe is designed to help companies generate leads, shortlist suppliers, request proposals, and identify global companies. Evaluate companies side-by-side to compare key metrics and initiate productive partnerships.

Buyers use BizVibe to discover suppliers from among more than 5 million companies using advanced search filters and comparison tools. Features for buyers include:

  • Shortlist potential suppliers

  • Track and compare companies

  • Set up custom news alerts

  • Quickly

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