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Munich to Osaka now nonstop on Lufthansa

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Lufthansa launched a new service from Munich to Osaka on March 31 using an A350 aircraft. Along with the established flights operated by Lufthansa and All Nippon Airways to Tokyo, Munich Airport is now offering a second Japanese destination for the first time. With three daily connections, Munich Airport now ranks fifth in Europe in terms of flights to and from Japan.

From Europe, Japan’s third-largest city can be reached non-stop only from Amsterdam, Helsinki, London-Heathrow, Paris Charles-de-Gaulle and now Munich. Japan is one of the most important destinations in Asia – as demonstrated by the rising passenger figures. In 2018 a total of 200,000 passengers traveled in each direction between Munich and Japan.

Asian routes are the main source of growth in intercontinental traffic in the summer of 2019. “We believe that Munich Airport will establish itself as a convenient hub for travel to Asia in the coming years and see strong potential for further growth in this market segment,” says Oliver Dersch, Munich Airport’s Vice President for Traffic Development.

Lufthansa is also adding a daily connection to Bangkok starting in June 2019, complementing the existing service operated by Thai Airways. Moreover, Lufthansa is bumping up the frequency of its flights to Seoul from 6/7 to 7/7. From June onward, Lufthansa will increase its service to Singapore from five flights a week to a daily connection.

Travel News | eTurboNews

Electric Bike Market To Be Valued At US$ 27 Bn by 2027 End, Reveals A New Research Report

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The report on the global electric bike market covers the annual demand and sales of various product segments namely, electric scooters, electric motorcycles and pedelecs (electric bicycles). Furthermore, the demand for different batteries such as Li-ion, NiMH and lead based batteries is also covered with inference and analyses. There are different technologies adopted by the manufacturers of electric scooters, electric bicycles and pedelecs, such as plug-in and battery that are also within the scope of the global electric bike market report.

Quick Highlights on the Global Electric Bike Market

  • The global electric bike market is anticipated to grow at a CAGR of 3.1% during the period of forecast and is expected to reflect a value of more than US$ 27 Bn by the end of 2027
  • The battery segment by technology is expected to grow at a higher growth rate compared to the plug-in segment and is anticipated to witness dominance by reflecting a market value of more than US$ 23 Bn by the end of 2027
  • Asia Pacific excluding Japan (APEJ) region is expected to grow at a higher rate and dominates the global electric bike market, poised to reflect a value CAGR of 3.2% throughout the forecast period
  • The lead based segment by battery type is likely to account for a major share in the market and is expected to be valued at about US$ 25 Bn by the end of 2027
  • The pedelec segment by product type is expected to grow at a higher growth rate than other segments in the product category and is anticipated to register a CAGR of 3.2% during the period of forecast. This growth trend is poised to continue in the coming decade, making it the fastest growing segment portraying dominance

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Key Regional Trends Fuelling the Growth of the Global Electric Bike Market

  • The division of the market for electric vehicles on the basis of region is not spread uniformly. Electric vehicles are gaining popularity in North America. Less availability of fuel and natural resources are the major reasons supporting the demand for electric bikes and vehicles in the region. Moreover, rising awareness among consumers regarding health issues is also a major trend identified in the North America electric bike market
  • A recent trend observed in the electric bike market is an increase in the adoption of electric bikes. With the government focussing on electro mobility and pollution reduction, zero emission vehicles are being increasingly promoted through attractive incentives. This has led to an enhanced focus on electric bikes and thus, a significant increase in the sales of electric bikes is expected over the forecast period
  • Consumers are faced with the dilemma of choosing between conventional vehicles and electric vehicles. Though it has been predicted that petroleum reserves will dry up in a couple of decades due to the current rate of consumption, consumers still see conventional vehicles as the better option, due to the higher flexibility and practicality they offer over electric scooters. This has led automobile manufacturers to develop a vehicle offering the benefits of both – a conventional and pure electric vehicle known as plug-in electric scooter. These kind of vehicles come with an internal combustion engine and rechargeable batteries to propel the vehicle
  • Leading manufacturers of electric bikes are involved in the manufacturing of cost-effective and lightweight vehicles to improve the overall performance of vehicles. Compact bicycle frames, whether they fold or not, are some of the most diverse, light-weight and easily handled electric bikes in the market
  • Preference for electric vehicles over conventional vehicles in Japan is one of the key trends identified in the market. Japan recorded the highest sales of hybrid electric vehicles in 2015, more than double the sales in the United States. Electric bikes are gaining popularity in Japan. Moreover, environmental and health-related benefits associated with electric bikes are expected to be a major factor boosting the demand for electric bikes as compared to conventional bikes
  • Consumers in various countries of the MEA region are focussing on the adoption of electric vehicles owing to their significant health-related benefits. Moreover, provision for separate lanes for electric vehicles in South Africa is expected to be a key factor responsible for the adoption of electric bikes in the country

Competitive Intelligence – Critical Analysis of the Key Players in the Global Electric Bike Market

The report on the global electric bike market presents a detailed analysis of the key players involved in the market. The report highlights all tier companies such as ECCITY Motorcycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd., Piaggio & C. SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri E-Vehicle Co. Ltd., Giant Manufacturing Co Ltd., Emotion Bikes USA, Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Amego Electric Vehicles Inc., Zero Motorcycles, Inc., Mahindra Genze, Derby Cycle and Accell Group.

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Conference Room Solutions Market to be valued at US$ 1.6 Bn by 2027

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A latest research focusing on conference room solutions has been crafted by Future Market Insights. In its publication titled “Conference Room Solutions Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, Future Market Insights has presented a holistic view of the global market, covering all the trends, opportunities, restraints and growth aspects across major geographies. Various key developments have been sketched in this research study along with forecast highlights for a period of 10 years (2017-2027). An in-depth market segmentation has been carried out to assess all these factors and their respective magnitudes impacting the growth of the global market.

Global Conference Room Solutions Market: Competition Scenario

The research report on global conference room solutions market includes an in-depth market analysis that covers major companies participating in the global market. Key players such as Cisco, Microsoft, ZOOM, Adobe, Google, West Corporation, LogMein, Polycom, Vidyo Inc., BlueJeans Network, PGi, Huawei and ZTE have been profiled in this research report.

Global Conference Room Solutions Market: Factors Influencing Growth

Numerous factors are responsible for the growth of the global market. Aspects such as continuous demand for and adoption of cloud communication solutions, increasing number of enterprises, increasing partnerships between conference room solution vendors, growing number of mobile workers, digitization of workspaces, increasing demand for high performance conferencing solutions, continuous increase in fixed broadband connections, increasing smartphone users, rising demand for remote solutions, growth in collaborative communication, favourable government initiatives to develop digital infrastructure, emergence of IoT, and increasing mobile phone conferencing are boosting the growth of the global conference room solutions market. On the other hand, security issues, high deployment and maintenance cost, low internet penetration, extra security for mobiles and tablets and less awareness of advanced technology are restraining the growth of the global conference room solutions market.

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Global Conference Room Solutions Market: Forecast Analysis

According to the research report on conference room solutions market, the global market is estimated to reach a valuation of more than US$ 1.6 Bn by the end of the year of assessment from a value of above US$ 450 Mn in 2017. The global market for conference room solutions is projected to grow at a high CAGR of 13.6% during the period of forecast, 2017-2027.

Global Conference Room Solutions Market: Segmental Outlook

The global conference room solutions market has been segmented on the basis of component, deployment, organization, vertical and region.

  • By component, software segment is the largest in terms of value and is estimated to reach US$ 1,081.9 Mn by the end of the year of assessment. The services segment is the fastest growing segment during the forecast period.
  • By deployment, SaaS segment is projected to grow at a higher rate to register a CAGR of 16.6% throughout the period of forecast. The on-premise segment is poised to dominate the global market with a high market valuation.
  • By organization, small and medium enterprises are anticipated to show higher inclination towards using conference room solutions. This segment is poised to reflect fastest growth during the forecast period.
  • By vertical, IT and telecom segment is expected to lead the market and cement its dominance in the coming years. This segment is estimated to be valued at above US$ 70 Mn in 2017 and is likely to reflect higher valuation by the end of the assessment year.
  • By region, Asia Pacific excluding Japan (APEJ) is expected to witness faster pace in the global conference room solutions market during the period of forecast

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Detailed examination of the Global Engine Flush Market estimates a whopping US$ 1.87 Bn valuation by 2026

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Advancements in fuel consumption technologies has necessitated the need for using oils or lubricants to flush out the dirt collected in combustion engines. Diesel and gasoline continues to be adulterated across the globe, and the demand for such lubricants – known as engine flush – continues to gain traction. Vehicle owners are servicing their automobiles with proper use of engine flush products. The role of these oils in improving the performance of the engine, extending vehicle life, and lowering the overall carbon footprint of combustion engines continues to extend their use in the automotive sector. Future Market Insights’ recent study on the global engine flush market projects that the demand for engine flush will gain moderate traction in the foreseeable years.

Key findings from the report reveal that the global engine flush market will expand at an estimated 3.5% CAGR in terms of volume over the forecast period, 2017-2026. The report also projects that by the end of 2026, engine flush worth nearly US$ 1.87 Bn will be sold across the globe. Fluctuating oil prices and transformations in the designs of combustion engines for the future automotive industry are observed as the key deterrents for growth of the global engine flush market.

Semi-synthetic Oils to Register Highest Value CAGR during 2017-2026

Flushing out the sludge from combustion chambers and other key components of engines requires the use of advanced engine oils. Fully-synthetic oils have been widely used as engine flush by vehicle owners, however, high cost of production has curbed their penetration in the global engine flush manufacturing landscape. Improved viscosity indexes offered by semi-synthetic oils are supplanting the adoption of fully-synthetic oils. In addition, the extended lubricant life of semi-synthetic oils is also expected to drive their use as engine flush in the foreseeable future. The report estimates that by the end of 2026, around 47.6% of engine flush sold in the global market will be made of semi-synthetic oils. The report further estimates that sales of fully-synthetic oils will bring in nearly US$ 750 Mn in the global engine flush market by the end of 2026.

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Majority of engine flush produced across the globe will be used in the automotive industry. Petrol and diesel engines, that account 100% consumption of the overall engine flush produced in the world, will showcase a 40:60 split respectively, in terms of global market value share percentage throughout the forecast period. While engine flush will be predominantly used in the automotive industry, the report projects a growing end-use of engine flush in servicing of industrial equipment. Over the forecast period, the end-use of engine flush in industrial equipment servicing will register a global value CAGR of 4.3%.

North America to Represent Largest Market for Engine Flush through 2026

Highest share of engine flush produced in the world will be used by consumers in the US and Canada. In 2017, North America’s engine flush market surpassed a valuation of US$ 360 Mn, representing the largest market ahead of Europe and the Asia-Pacific excluding Japan (APEJ) region. Several players in the global engine flush market are focusing on increasing their exports to North America. Companies namely, BULLSONE Co. Ltd., 3M Company, BARDAHL Manufacturing Corporation, Penrite Oil Company, International Lubricants, Inc., Valvoline Inc., LIQUI MOLY GmbH, Tec4 Lubricants, Berner Group, LUBRITA EUROPE B.V., Petra Oil, and AMSOIL INC. are observed as the leading producers of engine flush in the global landscape. The report further estimates that the APEJ engine flush market will remain attractive for global players in terms of production through 2026.

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Lactic Acid Esters Market to Showcase Healthy Expansion at 6.9% CAGR During 2017 – 2027

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analytical research report published by Future Market Insights covers various aspects of the global market for lactic acid esters. The report reveals analysis on end use industries using lactic acid esters for various applications. It lays emphasis on opportunities for growth in the lactic acid esters market along with key factors pushing the growth of the global market. The various facets of the global market across important geographies are monitored. The report covers the impact of factors that change from region to region thus changing the scenario of the lactic acid esters market in that particular region. This gives a brief idea about the market potential for lactic acid esters in various regions that the reader can use to plan future expansion. The comprehensive research study portrays a realistic picture of the global lactic acid esters market by including a weighted market segmentation along with forecast projections from 2017 till 2027, a period of 10 years.

Global Lactic Acid Esters Market: Competitive Assessment

The research report on global lactic acid esters market covers analysis on various key players operating in the market. The list includes major companies such as Stepan Company, Merck KGaA, Galactic, Corbion N.V, GODAVARI BIOREFINERIES LTD., Cellulac, Henan Jindan Lactic Acid Technology Co., Ltd., Musashino Chemical Laboratory, Ltd., Zhengzhou Tianrun Lactic Acid Co., Ltd., Shenzhen Esun Industrial Co., Ltd., QINGDAO ABEL TECHNOLOGY CO.,LTD., Yancheng Huade Biological Engineering Co.,Ltd., and Vetrtec Biosolvents Inc.

Global Lactic Acid Esters Market: Forecast Analysis

According to this research report, the global lactic acid esters market is expected to reach an estimate of around US$ 410 Mn by the end of the year of forecast, 2027, from a valuation of about US$ 209 Mn in 2017. The global market for lactic acid esters is projected to grow at a value CAGR of 6.9% during the period of assessment.

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Global Lactic Acid Esters Market: Segmental Snapshot

The global lactic acid esters market is segmented on the basis of product type, application and region.

  • With respect to product type, ethyl acetate is expected to show high adoption across industries in the coming years. The ethyl acetate segment is projected to be the largest with a market share in excess of 65% during the forecast period, consequently leading the global market.
  • By application, the electronics and food and beverage segments are expected to largely contribute to the revenue growth of the global market for lactic acid esters in the coming years. Of these, the electronics segment is poised to show a much higher market value.
  • By region, North America is the largest reflecting a high market attractiveness. However, the lactic acid esters market in Asia Pacific excluding Japan (APEJ) region is expected to grow at a higher rate during the forecast period.

Global Lactic Acid Esters Market: Dynamics Influencing Growth

Higher inclination towards use of green solvents in various industries, growing electronics sector across the globe, market consolidation and expansion, favourable government policies, rising food and beverage sector, availability of technologically advanced infrastructure, increasing focus on value added products coupled with favourable FDI policies, availability of natural feedstock and growth in personal care sector are expected to contribute to the growth of the global lactic acid esters market.

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