December 3, 2020

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Phil Ward says Grainger & Worrall has been helping the restart effort in a number of industries
Phil Ward says Grainger & Worrall has been helping the restart effort in a number of industries

The Bridgnorth-based firm said the global automotive supply chain that sustains automotive production has been under increased strain due to the international lockdowns and variance on worldwide legislation that has hampered the ability of suppliers to continue operation, or to ship completed orders on time.

Phil Ward, Grainger & Worrall’s sales director, said: “We have worked with a number of major vehicle manufacturers to help fill in potential gaps in their supply chains, helping to sustain production as they have sought to restart or ramp-up production post-lockdowns.

“Unplanned stoppages to vehicle production can be hugely costly, both financially and in terms of reputational damage. With that in mind, a number of tier one suppliers have turned to us due to our ability to offer quick set-up and turnaround of line-ready components, offering high levels of repeatable quality. It has been a huge, cost-effective bonus for existing and new customers.

“Covid has forced people to analyse the way they work in a number of markets, including the automotive industry.

“During this unique time, Grainger & Worrall’s ability to turn concept or design into fully validated, production-ready reality has proved to be a timely solution that has added robustness to several supply chains.”

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DUBLIN, Nov. 17, 2020 /PRNewswire/ — The “Biometric in the Automotive Market – Growth, Trends, Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.

The global biometric in automotive market was valued at USD 183.59 million in 2019, and it is expected to reach USD 503.15 million by 2025, registering a CAGR of 19.06% during the period of 2020-2025. After the increased adoption of biometrics in electronic devices, the applications of biometrics in automotive vehicles have also been gaining traction in recent years. Yet the implementation of this technology has been limited to the premium vehicle segment, but in recent years, its applications are estimated to enter the general personal vehicle segment due to its better vehicle security and other accessibility advantages.

Key Market Trends

Fingerprint Recognition is Expected to Grow at a Significant Rate

  • Fingerprint recognition technology evolved rapidly in the past few years, owing to the increased adoption of mobile devices and its increased adoption of biometric systems. Its application is majorly dominated by security and access control functions. This resulted in the advancements of fast-track technology in this segment, such as in display solutions.
  • The increasing rate of adoption of fingerprint sensors across the consumer industries is expected to create significant opportunities for its adoption in the automotive sector. According to Credit Suisse, the global fingerprint sensing shipments are expected to reach about 1.1 billion units in 2020, which represents a projected increase of more than 200 million units in three years.
  • The decreasing price of fingerprint sensors is making it affordable for various automakers to deploy them in their future cars without significantly impacting the price of the automobile, early adoption has prompted competitors as well to offer similar solutions. The average selling price of fingerprint sensors decreased from USD 5.5 in 2014 to USD 2.1 in 2019 and is expected to reach USD 2 in 2020.
  • Also, the increasing trend of keyless entry in cars and push-button ignition systems has further triggered the development of fingerprint sensors in automobiles. The driver needs to place their finger on the capacitive sensor on the door handle to open the car door.
  • Further, governments across the world are supporting the emergence of automated/connected vehicles. For instance, the standardization of ADAS and autonomous driving is accelerating in China. The Ministry of Industry and Information Technology of the Chinese government issued the key working points of Intelligent Connected Vehicle Standardization for 2018 to promote and facilitate the development of the intelligent connected vehicles industry. Such trends are expected to boost the deployment of fingerprint recognition technology in the industry.

North America Holds Significant Market Share

  • North America is one of the largest automotive manufacturing hubs in the world. The automotive industry has shown marginal growth in recent years. The automotive sector in this region is facing a stiff competition from the used car market, which constituted about 75% of the total auto sales in the United States in 2018, according to the estimates by the US
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LARGO, Fla. (WFLA) – Dan Block has been getting quite the workout lately. Block owns the D & S Bicycle shop on Walsingham Road in Largo and the coronavirus has him working overtime.

“It’s been crazy. Everybody that got their bikes that they’ve had them,” said Block, who fixes those bikes regularly. “Or they buy them at Walmart and they want them assembled, and hey, I’ll do that.”

Dan Block has owned a bike shop in Pinellas County for 42-years and remembers the last time there was a boom in business like this one.

Block explains with the gyms and beaches closed, there are few places to go work out and now many choose to take a bike ride.

Block specializes in bike rentals and sells a few used bikes on the side, but lately, he can’t keep any used inventory in stock.

“I’m limited choices right now,” said Block. “I don’t sell my rental fleet because that’s counterproductive.”

A viewer sent in a picture from a local big box store where the bicycle shelves were nearly empty.

Mary Lou Heym just bought her new bike. She winters in Pinellas County and spends the summers up north. She too is struggling with finding ways to occupy the time.

“Well I think everybody has the same idea,” said Heym. “You can’t sit inside and watch the news all day. That would make you crazy.”

Block says he appreciates the business, but after several weeks of working 80-hour weeks, he would like a break reminiscing on the last time there was a surge like this, but he was a bit younger then.

“When they first opened the Pinellas Trail,” said Block. “Everybody and their brother was getting out their bikes that they hadn’t ridden in years.”

LATEST ON THE CORONAVIRUS PANDEMIC:

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JACKSONVILLE, Fla. – Bicyclists have been out and about more often, as you’re still allowed to go outside and ride your bike during the stay-at-home order issued by Gov. Ron DeSantis in response to the coronavirus outbreak.

Some people told News4Jax biking is a great way to practice social distancing, as well as help small businesses like the ZenCog Bicycle Company in Riverside.

The shop said they’ve been very busy, not only because of the season but because cycling is allowed during the stay-at-home order.

“People really love bikes right now and it’s, like, I haven’t seen it in a long time,” said ZenCog owner Garfield Cooper. ”We’ve been selling a ton of used bikes. Everybody wants a bike. It’s also spring, so we’re getting a little spring rush, plus a little bit of everybody store crazy rush.”

Ryan Traher stopped by Monday for repairs to his bike.

“I’m getting some fenders on the wheels to minimize splash. I’m getting a bike rack so I can go and get groceries,” Traher explained. “At the same time, you know, people want to get out and exercise and biking is a great way to do that.”

The shop, which is considered an essential business that’s allowed to stay open because it supports transportation services, is keeping customers outside for safety.

“(We can) maintain some social distance at the same time and still support them,” Traher said.

Cooper said the store has been backed up for more than a week, and that it’s a good problem to have.

“We always have been essential. I’ve seen it bicycling do amazing things. I’ve seen people drop their medications in half just by paddling an hour a day,” Cooper explained.

Cooper said the shop is not only keeping customers outside, but they are working with their employees to make sure they are comfortable, as well.

Copyright 2020 by WJXT News4Jax – All rights reserved.

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