More than 2,000 flights canceled globally as travel disruption continues amid Omicron surge

Of the nearly 2,200 canceled flights, more than 700 were within, into or out of the United States, according to FlightAware. More than 3,000 flights are delayed.

Globally, airlines canceled more than 6,000 flights on Christmas Eve, Christmas and the day after Christmas. In the United States, more than 1,200 flights were canceled and more than 5,000 were delayed on Sunday alone as staff and crew call out sick.

The cancellations come at the busiest time of year for air travel. The US Transportation Security Administration said it screened millions of people each day over the holiday weekend, peaking at 2.19 million travelers on Thursday, December 23. On Wednesday, more people passed through TSA checkpoints than on the same day in 2019.

Saturday air travel was a bit slower because of the flight cancellations: More than 1.53 million people passed through security checkpoints Saturday.

United Airlines (UAL) said last week it had to cancel hundreds of flights because it lacked enough crew members to safely fly all of its scheduled routes.

“The nationwide spike in Omicron cases this week has had a direct impact on our flight crews and the people who run our operation,” said a United memo obtained by CNN.

Delta (DAL) said it was working to get all stranded travelers home as quickly as possible.

“We apologize to our customers for the delay in their holiday travel plans,” Delta said in a statement. “Delta people are working hard to get them to where they need to be as quickly and as safely as possible on the next available flight.”

German airline Lufthansa said it will cancel 10% of its winter flight schedule as the pandemic continues to hit the aviation industry.

In an interview with Frankfurter Allgemeine Sonntagszeitung last week, Lufthansa CEO Carsten Spohr said that due to “a sharp drop in bookings” the airline will have to cancel 33,000 flights from mid-January to February 2022 or 10% of the group’s winter flight schedule.

Spohr’s comments were confirmed to CNN by the Lufthansa press office.

— CNN’s Pete Muntean contributed to this report

Global Special Graphite Market 2020 Growth Analysis by Key Players, Globally Effective Factors, Trends, Business Plans and Forecast to 2025

The MarketWatch News Department was not involved in the creation of this content.

Jan 29, 2021 (CDN Newswire via Comtex) —
Global Special Graphite Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offers end to end industry from the definition, product specifications, and demand till forecast prospects. The report studies the industry coverage, current market status, and market outlook and forecast by 2025. This is an all-inclusive document that comprises crucial information about top players, market trends, pricing analysis, and an overview of the market. The report states industry developmental factors, historical performance from 2015-2025. The segmental market view by types of products, applications, end-users, and top vendors is given. Then it covers market size estimation, share, growth rate, global position, and regional analysis of the market. The report also covers forecast estimations for investments in the global Special Graphite industry from 2020 to 2025.

Competitive Rivalry:

The section on company profiles studies the various companies operating in the global Special Graphite market. It evaluates the financial outlooks of these companies, their research and development statuses, and their expansion strategies for the coming years. This study emphasizes thorough competition analysis on market prospects, especially growth strategies that market experts claim. It examines the global market size (volume & value) from the company, essential regions/countries, products and applications, background information. Additional details that are represented in the report include the cost structures, manufacturing process methodology, import and export consumption, supply and demand patterns, gross margins, recent developments made in the business, revenue analysis, and gross margins.

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NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

Market competition by top manufacturers as follows: Toyo Tanso, SEC Carbon, Mersen, SGL Group, Nippon Carbon, Tokai Carbon, Morgan, Entegris, IBIDEN, GrafTech, Henan Tianli, Qingdao Tennry Carbon, Schunk, Hemsun High Purity Graphite, KaiYuan Special Graphite, Sinosteel, Fangda Carbon, Dahua Glory Special Graphite, Zhongnan Diamond, Datong XinCheng, Harbin Electric Carbon Factory

Based on product types, this report focuses on the status and outlook for product types, consumption (sales), market share, and growth rate for types, including: Isotropic Graphite, Extruded Graphite, Molded Graphite, Others

Based on application, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including: Photovoltaic Industry, Semiconductor Industry, Electrical Discharge Machining, Foundry and Metallurgy Field, Others

Global Special Graphite market segment by regions, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

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  • A thorough, in-depth analytical review of the global Special Graphite market

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The regional study of the global Special Graphite market included in the report helps readers to gain an understanding of the development of different geographical markets in recent years and also going forth. The report underlines a roadmap of growth opportunities available in the global market with the identification of key factors. Various trends of the global market are covered to help identify market developments in this market.

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Automotive Camera Market – Globally Market Size, Analysis, Share, Research, Business Growth and Forecast to 2027 | Fortune Business Insights

The MarketWatch News Department was not involved in the creation of this content.

Jan 28, 2021 (The Expresswire) —
The global ”automotive camera” sizeis projected to reach USD 10.1 billion by 2027, exhibiting a CAGR of 21.5% during the forecast period. The increasing number of road traffic accidents worldwide will be a crucial factor in driving the growth of this market, states Fortune Business Insights™ in its report, titled “Automotive Camera Market Size, Share and COVID-19 Impact Analysis, By Application Type (Park Assist System, Lane Departure Warning System, Lane Keep Assist, Adaptive Cruise Control, Road Sign Assistance, Blind Spot Detection, Intelligent Headlight Control and Others), By Technology Type (Stereo and Monocular), By Vehicle Type (Passenger Cars and Commercial Vehicles), and Regional Forecasts, 2020-2027”. Latest data from the World Health Organization (WHO) show that road traffic crashes kill nearly 1.35 million people every year and injure between 20 million and 50 million people. Motorcyclists, cyclists, and pedestrians have the largest share of road fatalities, the WHO highlights. Automotive cameras can play an instrumental role in preventing accidents as they can compensate for human errors such as driving under influence, driving while fatigued, or distracted driving. These cameras are an essential component of advanced driver-assistance systems (ADAS), which have features such as blind-spot detection, automatic braking, adaptive cruise control, and pedestrian detection. Together, these features not only enhance the safety of the vehicles but also ensure the safety of other road users.

List of Key Companies Profiled in the Market Report:

  • Ambarella (California, United States)

  • Mobileye (Jerusalem, Israel)

  • Garmin Ltd (Kansas, United States)

  • Magna International (Aurora, Canada)

  • Ricoh (Tokyo, Japan)

  • ZF Friedrichshafen (Friedrichshafen, Germany)

  • Autoliv, Inc (‎Stockholm, Sweden)

  • Kappa optronics GmbH (Lower Saxony, Germany)

  • OmniVision (California, United States)

  • Denso (Aichi, Japan)

  • Valeo (Paris, France)

  • Robert Bosch GmbH ( Gerlingen, Germany)

  • Continental AG (Hanover, Germany)

COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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Study Period: 2016-2027
Base Year: 2019
Forecast Period: 2020-2027
Historical Period: 2016-2018

As per the report findings, the global market value stood atUSD 3.8 billionin 2019. The main highlights of the report include:

  • Unparalleled intelligence on the factors driving the market growth;

  • Actionable insights into the challenges facing the market;

  • Exhaustive analysis of the competitive developments and regional dynamics of the market; and

  • In-depth evaluation of the individual market segments.

Market Restraint

COVID-19 to Hit the Market as Companies Grapple with Tumbling Profits

The automotive camera market growth is set to suffer because of the COVID-19 pandemic as reduced production, deflating demand, and trade restrictions have stymied the sales and revenues of major companies in this market. For example, in July 2020, Valeo, the French leader in auto parts, reported a loss of €1.2 billion in the first half of 2020 as a consequence of disruptions in production operations caused by the coronavirus. Similarly, the Japanese auto parts manufacturer, Denso Corp, announced a whopping 81% slump in its operating profits in the first quarter of 2020, suffering a loss of USD 571.8 million and reducing its global production by 50% owing to the upheavals generated by the pandemic. Plunging profits will inevitably hamper investments in RandD and halt the adoption of advanced automotive cameras and other safety technologies, which will naturally impact the growth of the market.

Regional Insights

Europe to Lead the Market Share Backed by Stringent Road and Vehicle Safety Norms

Europe is expected to dominate the automotive camera market share during the forecast period owing to the stringent implementation of road and vehicular safety standards by the European Union (EU). For example, under the (EC) 78/2009 and (EC) 661/2009 regulations, the EU makes it mandatory for automakers to install safety features in vehicles to ensure pedestrian safety. In 2019, the region’s market size stood at USD 1.3 billion.

Asia Pacific is slated to occupy the second-largest position in the global market on account of surging demand for cost-effective vehicle components from automakers in North America and Europe made in Asian countries. North America is anticipated to grow steadily owing to the quick adoption of advanced vehicle safety features in the region.

Competitive Landscape

Key Players to Target Investments towards Innovation

With growing demand for smart safety features in cars, key players in this market are strategically investing in innovation to develop high-quality and reliable safety systems such as AI-enabled automotive cameras. These innovations are allowing companies to entrench their market position, widen their offerings, and expand global presence.

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Automotive Camera Market Report Focus on:

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  • Comprehensive reports

  • Latest technological developments

  • Value chain analysis

  • Potential Market opportunities

  • Growth dynamics

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  • Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.

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  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

Key Questions Answered:
Why Choose Fortune Business Insights?
What are the key demands and trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?

Industry Developments

August 2020:Tesla announced the rollout of a software update that will enable the autopilot system in the company’s vehicles to detect speed limit signs through the camera. The update will allow camera to detect the speed limit, inform the driver about it, and automatically set a speed warning.

January 2020:US-based Ambarella, Inc. launched CV2FS and CV22FS, its latest automotive camera system on chips (SoC). Embedded with AI capabilities, the system is designed for targeting stereovision and forward-facing monocular ADAS cameras.

Browse Detailed Summary of Research Report With TOC:

https://www.fortunebusinessinsights.com/industry-reports/automotive-camera-market-101912

Detailed Table of Content:

  • Introduction

  • Executive Summary

  • Market Dynamics

  • Key Insights

  • Global Automotive Camera Market Analysis, Insights and Forecast, 2016-2027

TOC Continued…!

Have a Look at Related Research Insights:

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Drive by Wire Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast to 2027 | Fortune Business Insights™

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