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Automotive Laser Headlight System Market size is set to grow by USD 18.91 billion from 2024-2028, Incorporation of energy-efficient solutions in automobiles to boost the market growth, Technavio

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NEW YORK, June 10, 2024 /PRNewswire/ — The global automotive laser headlight system market  size is estimated to grow by USD 18.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  40.54%  during the forecast period.  Incorporation of energy-efficient solutions in automobiles is driving market growth, with a trend towards increase in r and d spending on headlight technology. However, adoption of led lighting in automobiles  poses a challenge. Key market players include ams OSRAM AG, Baja Designs Inc., Bayerische Motoren Werke AG, Continental AG, HELLA GmbH and Co. KGaA, Infineon Technologies AG, Koito Manufacturing Co. Ltd., KYOCERA Corp., Lazer Lamps Ltd., Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Robert Bosch GmbH, Stanley Electric Co. Ltd., Universe Kogaku Inc., Valeo SA, Varroc Engineering Ltd., Volkswagen AG, and ZKW Group GmbH.

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (OEM and Aftermarket), End-user (Passenger cars and Motorcycle), and Geography (Europe, APAC, North America, Middle East and Africa, and South America)

Region Covered

Europe, APAC, North America, Middle East and Africa, and South America

Key companies profiled

ams OSRAM AG, Baja Designs Inc., Bayerische Motoren Werke AG, Continental AG, HELLA GmbH and Co. KGaA, Infineon Technologies AG, Koito Manufacturing Co. Ltd., KYOCERA Corp., Lazer Lamps Ltd., Marelli Holdings Co. Ltd., Mercedes Benz Group AG, Robert Bosch GmbH, Stanley Electric Co. Ltd., Universe Kogaku Inc., Valeo SA, Varroc Engineering Ltd., Volkswagen AG, and ZKW Group GmbH

Key Market Trends Fueling Growth

The automotive industry’s lighting segment has seen advancements with the introduction of OLED technology, such as in Audi’s 2016 TT RS. OLEDs offer efficient, visually appealing lighting with no harsh shadows or reflectors. While similar to LEDs, OLEDs are more flexible, energy-efficient, and thin, enabling color emission and uniformity. Audi and BMW use OLEDs for product differentiation in premium models. Vendors like HELLA and OSRAM invest in R&D for OLED and laser lighting panels, driving market growth during the forecast period. 

The Automotive Laser Headlight System market is experiencing significant growth due to advancements in vehicle technology. These systems provide high-performance lighting, enabling better visibility and increasing road safety. The use of semiconductors and sensors in laser headlights contributes to their efficiency and longevity.

Additionally, the integration of these systems with other vehicle features, such as adaptive cruise control and collision avoidance systems, enhances overall driving experience. The market is expected to continue growing, driven by consumer demand for advanced safety features and increasing regulatory focus on road safety. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The automotive laser headlight system market faces challenges due to the increasing adoption of LED headlights in the luxury car segment. LED headlights offer versatility and high-profit margins for vendors, making it difficult for laser technology to gain traction. Despite the potential benefits of laser technology, its adoption is uncertain due to the current popularity of LEDs. The global automotive industry’s demand for LED headlamps poses a significant challenge to the growth of the automotive laser headlight system market during the forecast period.The Automotive Laser Headlight System market faces several challenges. One major challenge is the high cost of production, which makes these systems expensive for mass production. Another challenge is the regulatory environment, as these systems must meet strict safety and performance standards.Additionally, the development of compatible software and integration with existing vehicle systems can be complex. Furthermore, consumer acceptance and market penetration remain key challenges, as many consumers are not yet familiar with the benefits of laser headlight technology. Lastly, the global supply chain for laser diodes and other essential components can be unpredictable, leading to potential supply shortages and price volatility.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Application 1.1 OEM1.2 AftermarketEnd-user 2.1 Passenger cars2.2 MotorcycleGeography 3.1 Europe3.2 APAC3.3 North America3.4 Middle East and Africa3.5 South America

1.1 OEM-  The automotive laser headlight system market is experiencing significant growth due to advancements in technology, making headlights brighter and more energy-efficient. OEMs are eager to incorporate these innovations for enhanced visibility and customer experience. High-end models have led the adoption, but as costs decrease, integration into new vehicle classes is expected. The Indian automobile component industry’s Rs. 2.9 lakh crore (USUSD 36.1 billion) turnover in the first half of 2023-24, with a 12.6% revenue growth, underscores the expanding OEM segment’s influence on market expansion.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Automotive Laser Headlight System Market is experiencing significant growth in the photonics-related businesses, particularly in the semiconductor sector. Headlamp manufacturers are integrating LiFi Communication technology into their headlight systems, providing high-resolution sensing capabilities for autonomous driving applications. LED and laser diodes are key components in these advanced headlight systems, offering improved illumination range and road safety.

The market spans across the passenger vehicle segment, including luxury automobiles, as well as light commercial vehicles, logistics vehicles, and recreational vans. Night vision cameras and phosphorous lenses are also gaining popularity in this market. The global vehicle production is forecasted to increase, driving the demand for advanced headlight systems in battery-powered vehicles.

Market Research Overview

The Automotive Laser Headlight System market represents a significant advancement in vehicle lighting technology. These systems utilize laser diodes to produce high-intensity beams, enhancing visibility and safety on the road. The technology offers several advantages over traditional headlights, including longer range, faster response time, and reduced power consumption.

The market is driven by increasing consumer demand for advanced safety features and regulatory initiatives promoting the adoption of energy-efficient technologies. Furthermore, ongoing research and development efforts aim to improve the efficiency and affordability of laser headlight systems, expanding their market potential. The market landscape is characterized by continuous innovation and competition among various players, with a focus on delivering superior performance and functionality.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationOEMAftermarketEnd-userPassenger CarsMotorcycleGeographyEuropeAPACNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

YesWelder’s Firstess DP200: Redefining Welding for Everyone

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — YesWelder has solidified its reputation as a leader in the welding industry with the introduction of its latest innovation—the Firstess DP200. This multi-process welding machine is designed to be accessible for both seasoned professionals and complete beginners, significantly lowering the barriers to entry for welding. Thanks to its intuitive design and user-friendly features, even those with no prior experience can get started with ease. These innovations have earned the DP200 widespread acclaim, with its success echoed in an outstanding crowdfunding campaign that shattered expectations.

Introducing the YesWelder Firstess DP200

The Firstess DP200 equipped with cutting-edge features like the YesWelder PulseFlex™ System and AdaptivePulse™ technology, with its 200A power output and dual voltage capability (120V/240V), the DP200 is adaptable to any environment, from home garages to professional workshops. The 7-inch screen provides optimal visibility, featuring adjustable brightness and multi-angle viewing for easy operation even in low-light conditions. These features, combined with its IntuiWeld™ UI, make the DP200 intuitive and user-friendly, whether you’re a beginner or an experienced welder.

Crowdfunding Success

The launch of the Firstess DP200 on Kickstarter has been a resounding success. From the moment it went live, the welding community rallied behind the campaign, drawn in by the machine’s powerful capabilities and competitive pricing. In just five hours, the DP200 crossed the $1 million mark in sales—a remarkable achievement that underscored the demand for high-quality, affordable welding equipment. The overwhelming response from backers demonstrates the growing excitement around the DP200 and its potential to transform the welding experience for a wider audience. As of today, the campaign has raised over $2.4 million.

YouTube Creators Amplify the Buzz

From seasoned welders to hobbyists, Many of these creators have shared in-depth reviews, tutorials, and demonstrations of the DP200, highlighting its impressive features and capabilities.YouTubers have praised the Firstess DP200 for its ease of use, versatility, and precision. The PulseFlex™ and AdaptivePulse™ technologies have been singled out for their ability to provide fine-tuned control, making even complex welding tasks more manageable. The intuitive interface and large display have also been widely appreciated, with creators noting how these features make the machine accessible to welders of all skill levels.

 

These reviews have not only showcased the DP200’s performance but have also played a crucial role in building trust and excitement around the product. For potential buyers, seeing real-world feedback from trusted influencers has reinforced the machine’s value and capabilities.

Community-Driven Development

The Firstess DP200 is more than just a welding machine—it’s a testament to YesWelder’s commitment to its community. From initial concept to final testing, the development of the DP200 was guided by real-world feedback from welders. This collaborative approach ensured that the machine addresses the actual needs of users. Many of its thoughtful, user-friendly features—such as software upgradability, the ability to store up to 50 custom parameter sets with detailed notes (MIG/MAG), and comprehensive accessory options—are direct responses to suggestions from the welding community.

This focus on user input ensures that the DP200 not only meets expectations but exceeds them, offering a solution that feels tailor-made for welders. YesWelder’s dedication to blending innovation with affordability sets it apart, making the DP200 a true game-changer for anyone looking for a versatile and reliable welding solution.
 The DP200 goes beyond being just a tool—it’s part of YesWelder’s vision to open up the world of welding to more people, making the craft accessible and enjoyable for everyone.

At YesWelder, we believe welding is more than a skill—it’s a way to create, to build, and to connect. By breaking down barriers, we’re inviting more people to experience the joy and satisfaction that welding brings. Whether you’re just getting started or ready to level up, the Firstess DP200 is here to help you take that next step. Ready to make your mark? Stay Cool, Weld Hot.

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SOURCE YesWelder

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Yardi Aspire LMS Introduces Self-Service Course Catalog to Enhance Client Experience

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New feature allows Aspire administrators to review and select Yardi-authored training courses directly to their university

SANTA BARBARA, Calif., Sept. 20, 2024 /PRNewswire/ — Yardi® Aspire is thrilled to introduce its self-service course catalog, a new feature that allows Aspire Plus and Aspire Premium clients to manage Yardi-authored training courses directly within their company university.

 

 

Now clients can review, search and manage, instantly copying courses from within their university. Allowing clients on-demand access to the catalog of courses streamlines the process of acquiring the content they need.

“The self-service catalog empowers our clients by removing the need to take time to create cases for content requests,” said Patty Evans, industry principal for Yardi Aspire. “They now have direct access to manage and add the training they need, when they need it, without added steps.”

Key benefits of the new self-service course catalog:

Enhanced catalog visibility: Clients can browse the full Aspire course catalog, accessing detailed descriptions, learning objectives and course durationsImmediate access to new courses: New and recently updated courses are instantly available, helping clients keep training programs currentAdvanced search filters: With options to search by roles, skills, keywords, tags and duration, clients can easily identify training content that addresses specific business needs or skill gapsEffortless Yardi software training integration: Aspire makes it simple to incorporate Yardi software training with new implementationsFull control over course status: Clients can customize course privacy settings during the copy process, ensuring the content is visible to the appropriate roles within their team

“We are always focused on evolving our platform to make life easier for our clients. This new feature puts them in control, making it faster and simpler to customize their training offerings,” Evans said.

With this self-service functionality, Aspire enables clients to gain instant access to vital training resources as they become available and as client needs arise. Contact us today to schedule a demo and explore the self-service catalog.

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

Photo: https://mma.prnewswire.com/media/2510438/Yardi_Aspire.jpg
Logo: https://mma.prnewswire.com/media/737275/Yardi_Logo.jpg

 

 

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SOURCE Yardi

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Asymbl, Inc. Announces Inclusion in Salesforce’s Agentforce Partner Network with Asymbl Recruiter Agent

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Customers can automate and stream staffing and recruitment workflows through Asymbl Recruiter Agent for Agentforce 

AUSTIN, Texas, Sept. 20, 2024 /PRNewswire/ — Asymbl, Inc. today announced they have joined Salesforce’s Agentforce Partner Network , a global ecosystem of partners building new third-party agents and agent actions for Agentforce accessible through the Salesforce AppExchange. With Asymbl’s Recruiter Agent, customers can leverage intelligence and automation to streamline the recruiter workflow for greater success, accelerating candidate identification, creating job descriptions effortlessly, scheduling interviews seamlessly, summarizing interview feedback, and optimizing speed to placement. By automating these time-consuming tasks, recruiters can focus on what they do best—building meaningful interactions with candidates and hiring managers, rather than being bogged down by administrative work.

Agentforce is a suite of autonomous AI agents designed to support humans by automating tasks across various industries, enhancing efficiency, and scaling operations. The Agentforce Partner Network enables Agentforce to plan, reason and perform tasks by integrating with a broad range of technology and data providers, enabling them to execute complex actions on behalf of users.

Asymbl’s agent action for Agentforce can be integrated into the customer’s existing Salesforce agents in Agent Builder or discovered on Salesforce AppExchange, the leading enterprise cloud marketplace.

With the announcement of the Agentforce Partner Network, businesses have access to more than 20 agents and agent actions, leveraging partners’ purpose-built technology and domain expertise. Partner-built agents enable faster deployment of pre-built solutions, reducing both development time and costs, while extending the value of the tools businesses already rely on.

Customers can expedite time to placement and optimize the recruiter workflow through Asymbl Recruiter Agent’s agent actions. Key features include:

Intelligent Candidate Identification: Powered by Agentforce and Salesforce Data Cloud, Asymbl Recruiter Agent leverages results from partner applications for traditional resume matching and goes further by analyzing interactional data from an extensive range of data points and past interactions with candidates and hiring managers to rapidly identify the best-fit candidates.

Effortless Job Description Creation: Quickly generate, refine, and share job descriptions based on existing data and hiring manager preferences, saving valuable time that would otherwise be spent drafting descriptions manually.

Autonomous Interview Scheduling: Schedule interviews with candidates seamlessly with real-time availability, minimizing the usual back-and-forth involved in coordinating schedules.

Comprehensive Interview Feedback Summaries: Generate detailed summaries from the interviewer’s feedback in seconds, enabling recruiters to make faster and more informed hiring decisions.

With these capabilities, Asymbl Recruiter Agent’s agent actions accelerate the entire recruiter workflow, making it more efficient and effective for staffing firms and corporate recruiters looking to optimize their workflows and achieve faster placements.

“I’ve been part of the Salesforce ecosystem for 20 years and have worked in the talent management, staffing, and recruitment industries for just about as long. I’ve never experienced a more exciting moment for growth, innovation, and immediate impact,” said Brandon Metcalf, CEO and Founder of Asymbl, Inc. “The energy around AI today, coupled with the groundbreaking advancements and impact we’re achieving through our collaboration with Salesforce, is driving immediate and transformative change in staffing and recruiting. With Agentforce, we are moving into the third wave of AI where intelligent agents are not just a concept—they are here, and they are reshaping how we work and succeed.”

“By partnering with Asymbl, we gain the flexibility to adapt and lead in a competitive market, ensuring our strategies are both innovative and future-proof,” said Rob Lowry, Chief Delivery Officer at Apex Systems. “The collaboration between Asymbl and Salesforce has been important to Apex. Asymbl being an initial partner in the Agentforce Partner Network highlights their commitment to pushing the boundaries of recruitment technology. We’re excited about the Asymbl Recruiter Agent and its potential to simplify recruitment, accelerate hiring decisions, and enhance our ability to deliver value to clients.”

“Salesforce’s leading partner ecosystem is at the forefront of the AI enterprise, where humans and AI come together through autonomous Agents and Agent Actions,” said Brian Landsman, EVP, Global Technology Partners, Salesforce. “These latest innovations boost scale, efficiency, and satisfaction across a variety of use cases, while enabling Agents to execute complex tasks across an organization’s technology stack. We look forward to seeing our customers take full advantage of these and experience better business outcomes.”

Asymbl Recruiter Agent is available to be previewed here.    

Additional Resources

Follow Asymbl, Inc. on LinkedInFollow Salesforce on LinkedIn and XCheck out the AppExchange Agentforce CollectionLearn more about Salesforce unveiling of Agentforce

Salesforce, Salesforce Agentforce Partner Network, Agentforce, Salesforce Data Cloud and others are among the trademarks of Salesforce, inc.

About Asymbl, Inc.

Asymbl, Inc. is an innovative technology company within the Salesforce ecosystem, driving transformative growth through its two core brands. Asymbldelivers cutting-edge staffing and talent management software to optimize recruitment workflows, while Blueprint Advisory provides strategic advisory, consulting, and managed services to help organizations navigate digital transformation and maximize their Salesforce investments.

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SOURCE Asymbl, Inc.

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