Industry growth drives PACK EXPO International’s success
CHICAGO - The numbers speak for themselves, with 2,700 exhibitors occupying 1.32 million net square feet of space, attracting 48,000 attendees and 29,500 exhibitors. PACK EXPO International Chicago 2024, hosted by the Packaging and Processing Institute (PMMI), was a huge success, the largest show in its history and the largest at McCormick Place this year activities. Compared with PACK EXPO International 2022, the exhibition area has increased by 10% and the number of exhibitors has increased by 24%. “Overall, our numbers have increased,” said Laura Thompson, vice president of trade shows at PMMI. “Exhibitors continue to showcase top innovations and attendees flock to learn about the latest solutions to manufacturing challenges.” In 2022, the number of international viewers increased by 19%, which she attributed in part to the growth of the market. “We believe this is a result of the global growth of the packaging and processing market and our status as the world’s largest and most comprehensive industry event…
E-commerce drives the anti-static packaging market to flourish
Anti-static packaging is completed using anti-static materials. Antistatic materials are materials developed to prevent the build-up of static electricity that can damage sensitive electronic components during handling and transportation. This type of packaging is usually made of materials that can dissipate static charges or prevent their build-up. Common examples include antistatic bags, films and containers, which often contain additives or coatings to provide static protection. The purpose of anti-static packaging is to protect electronic equipment from the effects of electrostatic discharge (ESD) that can cause malfunction or failure. Antistatic packaging is critical in the production of semiconductors and circuit boards, where even small ESD events can cause serious damage. According to "Towards Packaging", Anti-static packaging market Revenues are expected to grow significantly, reaching hundreds of millions of dollars by 2034, transforming the transportation industry. Major companies in the market are focusing on growth strategies such as mergers and acquisitions to develop advanced technologies for the production of anti-static packaging materials.…
How e-commerce drives new trends in global trade
The rise of e-commerce has fundamentally changed the way goods are bought and sold around the world. From small local businesses to large multinationals, online retail has opened up new markets and opportunities, driving major changes in global trade and logistics. As more consumers embrace the convenience of online shopping, businesses are adapting to meet the growing demand for fast, reliable and efficient delivery. This shift is not only reshaping trade routes but also driving innovation in logistics, supply chain management and sustainability, driven by factors such as online banking, digital payments and increased global internet penetration. Consegic Business Intelligence Analysis online banking The market size is expected to increase from US$16,819.81 million in 2023 to US$48,820.39 million in 2031, with a compound annual growth rate of 14.2% from 2024 to 2031. Also read: The rise of the sharing economy in e-commerce and logistics E-commerce platforms have made it easier than ever for businesses to expand domestically and abroad, leading…
Artificial intelligence drives valuation in fintech market to US$76.2 billion
progress being made Artificial Intelligence in the Fintech Market It is set to drive significant growth, fundamentally changing the financial ecosystem and enhancing the way consumers interact with their finances. As of 2023, the market valuation is approx. $11.8 billion This highlights the significant progress AI is making in financial services, reflecting its importance in improving efficiency, customer engagement and security. Also read: Generative AI revenue in fintech market to surge to $16.4 billion in 2032 by 2033the global valuation of artificial intelligence in the financial technology market is expected to reach approximately $76.2 billionreflecting a strong growth trajectory. This expected expansion corresponds to a compound annual growth rate (Compound annual growth rate) is 20.5% from 2024 to 2033indicating a strong upward trend in the adoption of artificial intelligence technology in financial services. 2023, North America Become a leader in artificial intelligence in financial technology and occupy a dominant position Global market share 41.5%. The demand for fintech AI in…
Jay Leno drives Jeep/Ferrari hybrid
there was a time When a "hybrid" was a European car with an American V8 engine under the hood. Examples include the Ford-powered De Tomaso Pantera and the Jensen Interceptor equipped with Chrysler firepower. The "Jerrari," which recently arrived at "Jay Leno's Garage," is the exact opposite of that idea: It's an American car with a European engine, but it's not just any car. This unusual machine was equipped with Ferrari's V12 engine. Phil McDougall, director of the National Automobile Museum in Reno, Nevada, explains the origins of this strange phenomenon. Hotel and casino magnate Bill Harah wanted a quick way to transport entertainers between his Lake Tahoe and Reno hotels. He commissioned the Jerrari, a combination of a Jeep Wagoneer and a Ferrari V12. In fact, he commissioned two. McDougall showed Leno the second one: a 1977 Jeep Wagoneer with the Ferrari 365's 4.4-liter V12 engine under the hood. Mounting the engine up front required a 2.5-inch nose extension,…
Ford CEO drives Xiaomi SU7 EV every day and loves it
Jim Farley has been driving the SU7 for six months and describes the Chinese sedan as "fantastic" go through Chris Chilton 10 hours ago Ford's CEO has revealed he's obsessed with the Chinese electric sedan he's been driving for the past six months. Jim Farley described the Xiaomi SU7 as "fantastic" and told the Full Charged podcast he didn't want to give it up. The SU7 is smartphone maker Xiaomi's first electric car and is currently only sold in China. Carmaker CEOs typically prefer to sing the praises of their own products rather than heap praise on rival brands, but Ford's boss can't help himself. He told an interviewer that he had been driving a Chinese electric sedan every day for the past six months and loved it so much that he feared the day he would have to hand back the keys. Jim Farley admitted in an interview with Full Charged podcast host Robert Llewellyn that he often rides…
Jay Leno Test Drives Gordon Murray Automotive T.50
Every car gets old.but the joy that each car brings us never fades. There's always something new to discover, a detail to fascinate us, an experience to remind us that we'll always be passionate about cars. I've learned this myself, and I saw proof of that in the latest Jay Leno Garage, where Leno gets to know Gordon Murray Automotive's T.50. Dario Franchitti, a four-time IndyCar champion and three-time Indianapolis 500 winner who is now director of product and brand at Gordon Murray Automotive, showed Leno one of the prototypes. There's a reason this car is parked next to Leno's McLaren F1: while the T.50 isn't a product of the company, it was built by the man behind the 1990s supercar. That explains the similar shape and three-seat configuration with the iconic center driver's seat. Even the engine and transmission combination is similar to that found in the F1: a mid-mounted V12 engine connected to a six-speed manual gearbox. However,…
MICE News: Group business drives growth in hotel industry
A strong MICE market will drive a robust recovery in the hotel industry by 2024, according to two recent studies. Second quarter of 2024 Hotel Groups and Business Performance Index The results of the study combine indicators from meetings and events data provider Kowland and hotel booking data from travel industry technology provider Amadeus. According to the index, 22 of the top 25 destinations in the United States achieved an increase of 100% or more in overall MICE business compared to the same period in 2023. The top 10 cities are Las Vegas (117.9%), Seattle (117.6%), Nashville (114.2%), Detroit (110.2%), Houston (108.9%), Miami (108.2%), Washington, D.C. (108.0%), Philadelphia (107.4%), Tampa (107.0%) and New York City (106.6%). Key MICE insights from the index are as follows: The group's growth was strong, with the Northeast and Midwest regions leading the wayThe group index has achieved year-on-year growth for seven consecutive quarters, reaching 108%. The Northeast and Midwest regions performed well, with double-digit…
The 2025 McLaren GTS is now available for test drives in Chicago.
2025 McLaren GTS available for test drive in Chicago, Illinois The 2025 McLaren GTS has captured the attention and wowed many car enthusiasts with its stunning looks and outstanding performance. This ultra-light vehicle not only delivers outstanding dynamic performance and driving pleasure, but also a comfortable ride. Please continue reading below to learn more about its features. In addition, those who are interested in the 2025 McLaren GTS can visit the McLaren Chicago dealership in Chicago, Illinois for a detailed tour and check out our vehicle financing options. 2025 McLaren GTS interior specifications The 2025 McLaren GTS features a luxurious cabin, trimmed in premium materials that provide comfort while still allowing the driver to take full advantage of the car's dynamic performance. The machined polished and knurled aluminum switches and controls are carefully designed for ease of use, including the steering wheel-mounted paddle shifters. For those who want to further enhance the interior, McLaren offers an optional Visual Carbon Fiber…
How data drives the events industry
New research shows how data is driving the events industry forward. You may not have gone into the events industry for its number-crunching potential, but data has become an indispensable tool for meeting and event planners and suppliers—even if how and why they use it may differ. According to a recent Ovation Global DMC survey of 407 industry professionals (40% vendors, 60% planners), vendors tend to rely on data analytics to measure event success and return on investment (ROI), while planners value data most because it can help improve their event planning and personalize the attendee experience, including the communication strategies they use before and after the event. The most common tools used by event planners are survey feedback tools (66%) and CRM systems (55%). To a lesser extent, other tools used include event management software and data analytics platforms, followed by conversations with attendees and vendor partners. Suppliers also use the data they collect to develop new products and…
How data drives the events industry
New research shows how data is driving the events industry forward. You may not have gone into the events industry for its number-crunching potential, but data has become an indispensable tool for meeting and event planners and suppliers—even if how and why they use it may differ. According to a recent Ovation Global DMC survey of 407 industry professionals (40% vendors, 60% planners), vendors tend to rely on data analytics to measure event success and return on investment (ROI), while planners value data most because it can help improve their event planning and personalize the attendee experience, including the communication strategies they use before and after the event. The most common tools used by event planners are survey feedback tools (66%) and CRM systems (55%). To a lesser extent, other tools used include event management software and data analytics platforms, followed by conversations with attendees and vendor partners. Suppliers also use the data they collect to develop new products and…
F1: McLaren’s Oscar Piastri says Lance Stroll ‘drives
Oscar Piastri was not shy in criticizing Lance Stroll's driving at the Italian Grand Prix. Piastri finished second behind Charles Leclerc, who he described as a rookie's driving style. He was frustrated by the time he lost while overtaking slower cars, including Stroll. Piastri was closing in on Leclerc with a strong two-stop strategy, but the slower drivers hampered his progress. He believes these delays cost him the win, as he was unable to maintain momentum and challenge Leclerc effectively. Piastri also pointed out that the time he took to overtake Stroll in the closing stages while chasing Leclerc ultimately prevented him from closing the gap. Despite Leclerc's efforts, he won by 2.6 seconds. Oscar Piastri said: "I basically asked myself what pace I needed to catch Charles. The speed I needed was basically the speed I was driving in the first few laps. At that time, I was very optimistic. You know, I was a lot behind Carlos. Stroll…
Jay Leno drives the Lab Eleven 911
“Legends never die.” That might sound a bit exaggerated, but there is some truth to it. Look at the Porsche 911. Sixty years later, it's still in production. Even some old models have become new, in a way, thanks to companies like Singer and Gunther Werks. Recently, Jay Leno had a uniquely modified, traditionally styled 911 shipped to his garage, built by a company called Lab Eleven. As Axel Weller, Lab Eleven's US distributor, explains, although the company's cars are built and modified in Italy, they are not just German cars; PorscheAccording to him, about 90% of Lab Eleven's creations are made up of original Porsche parts to ensure they can be repaired by any Porsche dealer and equipped with parts from Porsche classic cars. The retro-style car he showed Leno was originally a 1995 993-generation 911 that was completely stripped down, sandblasted, and fitted with all-metal parts, including an aluminum trunk lid, original Porsche fenders, 930 Turbo flares, and…
Tickets for Shenzhen International Electrical Components Renewable Energy Management Exhibition 2024 are now open! PCIM Asia Drives Your New Future with Electric Power
Welcome to Shenzhen International Electrical Components and Renewable Energy Management ExhibitionPublic pre-registration for 2024 tickets is open!!!Like the annual PCIM Europe in Nuremberg, Germany, China, PCIM Asia (short for Power Conversion and Intelligent Movement) has also become a comprehensive exhibition event for power electronic products and their applications of drive technology and power transformation quality. communication platform for industry professionals, giving them the opportunity to appreciate selected research and development results in the field of power electronic products and systems. PCIM Asia Power Electronics will be held at Shenzhen International Convention and Exhibition Center from August 28 to 30, 2024, to create the future of the electronics and electrical industry with you!PCIM Asia buyers from power electronics, electric transmission, national grid, railway transportation, new energy generation (photovoltaic, wind power) and other fields gathered to participate in this annual power electronics event. It is an international exhibition and seminar focusing on the power electronics industry chain in Asia. It is the…
Tesla drives onto active train tracks after Autopilot fails
Tesla Autopilot is one of the most advanced autonomous driving technologies currently available. Accidents that occur from time to time constantly remind us that these technologies are doomed to fail and should not be fully trusted, at least at this stage. A video has appeared on YouTube in which Tesla Autopilot can be seen malfunctioning when it enters a running train track, endangering the lives of passengers. The accident video was uploaded to YouTube by ABC30 Acton News. Let's discuss this issue in more detail. The video comes from Northern California, where a Tesla car can be seen stuck on a train track. The video also states that there were no casualties. The video mentions that Tesla's autopilot function mistook the train track for a road and drove over it. The incident has been reported to the authorities to ensure that all trains on the track are suspended. In such incidents, people often believe that the driver is more responsible…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
