Siemens

FREYR Battery Reports Third Quarter 2023 Results

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Giovedì, Novembre 9, 2023

FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the third quarter of 2023.

Key Points: 
  • FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the third quarter of 2023.
  • Having ended 3Q 2023 with $328 million of cash and no debt, the Company expects to exit 2023 with cash of approximately $250 million after satisfying its remaining commitments and fourth quarter overhead.
  • At the end of 3Q 2023 FREYR had completed the handovers of 337 of 388 discrete commissioning and testing packages.
  • A presentation will be held today, November 9, 2023, at 8:30 am Eastern Standard Time (2:30 pm Central European Time) to discuss financial results for the third quarter 2023.

Circuit Breaker Market size to grow by USD 3.38 billion from 2023 to 2028; Increase in the number of residential and commercial building projects to drive the growth - Technavio

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Mercoledì, Novembre 8, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The circuit breaker market is expected to grow by USD 3.38 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The circuit breaker market is expected to grow by USD 3.38 billion from 2023 to 2028.
  • An increase in the number of residential and commercial building projects is the key factor driving market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The industrial relays market size is estimated to grow at a CAGR of 6.39% between 2022 and 2027.

Industrial Sensors Market is to grow by USD 12.5 billion from 2022 to 2027, the rise in demand for smart factories and IIoT to drive the growth- Technavio

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Mercoledì, Novembre 8, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The industrial sensors market is expected to grow by USD 12.5 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The industrial sensors market is expected to grow by USD 12.5 billion from 2022 to 2027.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a PDF Sample
    The rise in demand for smart factories and IIoT is a key factor driving the market growth.
  • The industrial clutches and brakes market size is estimated to grow at a CAGR of 3.4% between 2022 and 2027.

Smart Sensor Market size to grow by USD 51.43 billion from 2023 to 2028; Rise in demand for smart sensors in the development of smart cities to drive the growth- Technavio

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Mercoledì, Novembre 8, 2023

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart sensor market is expected to grow by USD 51.43 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 8, 2023 /PRNewswire/ -- The smart sensor market is expected to grow by USD 51.43 billion from 2023 to 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View Free PDF Sample
    The rise in demand for smart sensors in the development of smart cities is a key factor driving market growth.
  • The temperature sensor market size is estimated to grow at a CAGR of 5.41% between 2022 and 2027.

Hydrogen Detection Device Market Thrives as Fuel Cell Electric Vehicles Gain Momentum | Future Market Insights, Inc.

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Mercoledì, Novembre 8, 2023

NEWARK, Del., Nov. 8, 2023 /PRNewswire/ -- The hydrogen detection market is anticipated to experience significant growth in the upcoming years. The market recorded a valuation of US$ 240.3 million in 2023, and it is estimated to reach US$ 270.3 million in 2024, with a healthy CAGR of 11.5% from 2023 to 2034. By 2034, the market valuation is expected to be worth US$ 800 million.

Key Points: 
  • NEWARK, Del., Nov. 8, 2023 /PRNewswire/ -- The hydrogen detection market is anticipated to experience significant growth in the upcoming years.
  • "This surge in the hydrogen detection market has led to an increased demand for gas detection equipment to address safety and operational needs.
  • The hydrogen detection market in China holds a global market share of 11.8% by 2034.
  • As per the research, the United States acquire a value share of 2.1% in the hydrogen detection market by 2034.

Hydrogen Detection Device Market Thrives as Fuel Cell Electric Vehicles Gain Momentum | Future Market Insights, Inc.

Retrieved on: 
Mercoledì, Novembre 8, 2023

NEWARK, Del., Nov. 8, 2023 /PRNewswire/ -- The hydrogen detection market is anticipated to experience significant growth in the upcoming years. The market recorded a valuation of US$ 240.3 million in 2023, and it is estimated to reach US$ 270.3 million in 2024, with a healthy CAGR of 11.5% from 2023 to 2034. By 2034, the market valuation is expected to be worth US$ 800 million.

Key Points: 
  • NEWARK, Del., Nov. 8, 2023 /PRNewswire/ -- The hydrogen detection market is anticipated to experience significant growth in the upcoming years.
  • "This surge in the hydrogen detection market has led to an increased demand for gas detection equipment to address safety and operational needs.
  • The hydrogen detection market in China holds a global market share of 11.8% by 2034.
  • As per the research, the United States acquire a value share of 2.1% in the hydrogen detection market by 2034.

Global Times: CIIE reaffirms China's commitment for high-level opening-up, as nation calls countries to work together toward common development

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Mercoledì, Novembre 8, 2023

China will always be an important opportunity for global development, Xi said, according to Xinhua News Agency.

Key Points: 
  • China will always be an important opportunity for global development, Xi said, according to Xinhua News Agency.
  • The stance by the Chinese government on further opening up has been well received by the international organizations and global company executives.
  • "It is a marketplace of ideas, a confluence of cultures and a starting point for a new paradigm in global action and international cooperation."
  • According to statistics, the previous five CIIEs have attracted over two million registered visitors, 131 countries and international organizations, and more than 15,000 companies.

HP Highlights Advancements in Polymers and Metals 3D Printing at Formnext 2023

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Martedì, Novembre 7, 2023

FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing. HP is also highlighting its industry-leading work with partners and customers including BMW, Decathlon, INDO-MIM, and others.

Key Points: 
  • FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing.
  • To help meet sustainability goals while reducing costs, BMW Group uses the HP Jet Fusion 3D Automation Accessory.
  • HP is also showcasing new 3D polymers solutions, advanced automation capabilities, integrated software options, and 3D metals momentum, including:
    New innovations in HP’s extensive 3D polymers portfolio include the HP Jet Fusion 5600 Series and the HP Jet Fusion 5000 Solution.
  • HP continues its industry-leading momentum in 3D metals announcing new partnerships with INDO-MIM, Sandvik, and Elnik, and additional metals materials with long standing partner GKN Additive.

Detlef Trefzger, Former CEO of Kuehne+Nagel International AG, Appointed Operating Advisor

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Martedì, Novembre 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Detlef Trefzger as an Operating Advisor to CD&R funds.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Detlef Trefzger as an Operating Advisor to CD&R funds.
  • Dr. Trefzger also oversaw the $1.5B acquisition of Apex International, significantly expanding Kuehne+Nagel's air logistics footprint in Asia.
  • As of 1 November 2023, Detlef will become a Non-Executive Director at PSA International Pte Ltd ("PSAI").
  • Dr. Trefzger is a German citizen and holds a PhD in Business Management from the Vienna University of Economics and Business.

Data Center Power Market size to grow by USD 20.5698 billion from 2022 to 2027 | ABB Ltd., Active Power Solutions Ltd., AEG Power Solutions BV, and more among the key companies in the market - Technavio

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Martedì, Novembre 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The data center power market size is set to grow by USD 20,569.77 million from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The data center power market size is set to grow by USD 20,569.77 million from 2022 to 2027.
  • The data center power market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market.
  • To know about the vendor offerings - Request a sample report
    Data Center Power Market 2023-2027: Drivers & Challenges
    The emergence of mini data centers is notably driving the market growth.
  • Focus on consolidation of data centers is a major challenge impeding the data center power market growth.