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From strengthening the economy by getting goods to market faster to reducing truck emissions by up to 50%, Parker know-how in the transportation industry helps keep our world moving. It's part of our continued commitment to enabling engineering breakthroughs that lead to a better tomorrow.Watch Video
Certain trends will impact the transportation industry’s major segments, including truck/bus, automotive, marine and rail. Emissions standards, electrification, smart/connected vehicles, and autonomous vehicles are some key developments that will alter the way the industry advances and influence how engineers approach their work.
Emissions regulation is trending. There are rounds scheduled in the U.S. in 2021 and 2024 to further reduce CO2 emissions and fuel consumption in trucks/buses. In addition to converting from diesel to electric, OEMs look for ways to reduce weight and improve aerodynamics.
Europe and Asia have the most advanced rail systems, including high speed and autonomous trains, as well as modern electric trains. The U.S. lags, largely because most passenger travel is by air or car. A key U.S. trend is positive train control (PTC), an automated safety system.
The International Maritime Organization has mandated reductions in greenhouse gas by 2030. Ships that burn fossil fuels will have to buy more-expensive low-carbon fuels or install exhaust cleaning systems. Other ships already are retrofitting to run on liquified natural gas.
Advances in electric vehicle battery technology are boosting how far cars can travel on a full charge. Other trends include 5G connectivity and ridesharing. Fully autonomous vehicles, though, are still years away from widescale adoption.
At Parker, we’ve defined our purpose as Enabling engineering breakthroughs that lead to a better tomorrow. It’s at the core of everything we do. Now more than ever our planet requires it. But we can’t achieve our purpose alone. We can only work toward it in close collaboration with our customers. Working together is in our collective DNA. That’s how we build relationships. And that’s how we’ve built our company.
Yes, in order to solve complex engineering challenges, engineers must work in partnership. To find the best solutions, and to commercialize those solutions quickly. Parker is an organization of engineers. But engineers are people first. People who happen to be very good at solving problems. People who want to make the world a much better place. So, our engineers work shoulder to shoulder with OEMs to help find solutions to their design challenges, providing specialized expertise in motion and control technology as well as application know-how. In fact, we’ve found that the earlier our partners bring us into the process, the faster and more efficiently we answer the challenge. This can be particularly valuable as OEM engineers with years of experience retire and younger engineers replace them. Parker engineers can step in and help fill the knowledge gap, providing needed engineering continuity.
In addition, Parker offers its partners innovative and reliable components and sub-systems across a broad range of technology platforms, delivered consistently and on-time, across town or across the globe. This helps ensure that our OEM partners are as productive and profitable as possible. This is how a Parker partnership works.
As engineers, we share your passion for making things work better. And constantly improving on them. So, our partnership doesn’t end when your product ships. We continue to work with you to monitor and optimize equipment performance, reduce downtime, streamline your supply chain, and make our partnership even stronger.
Learn more about Parker’s purpose: Enabling Engineering Breakthroughs That Lead To a Better Tomorrow.