Connect with us

Technology

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

Published

on

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-302167924.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

LANDI Global Unveils Flagship Cx20: Elevating business efficiency and customer experience with a next-generation Windows-powered terminal

Published

on

By

SINGAPORE, Jan. 11, 2025 /PRNewswire/ — LANDI Global proudly announces the launch of the Cx20 terminal, our flagship next-generation smart Windows Desktop POS.

Engineered for businesses that seek advanced technology and refined design, the Cx20 delivers top-tier performance with seamless compatibility. This powerful Desktop POS empowers users to handle even the most challenging tasks with confidence, making it ideal for demanding environments.

Innovation driven by market needs

The Cx20 is designed to meet the growing global demand for Windows-based Desktop POS.

With a large Windows-installed base still in use and the end of support for Windows 10, many businesses are seeking an easy migration path to Windows 11-compatible POS solutions. The Cx20 integrates seamlessly with existing Windows-based applications and back-end systems, ensuring minimal disruption and maximum compatibility.

Build for Business Demand  

The Cx20 is built to meet the demands of businesses with its powerful performance, robust connectivity, and user-friendly design.

Equipped with advanced industrial control chips, running on Windows 11 IoT LTSC, the Cx20 benefits from Microsoft’s long-term support of up to 10 years+, delivering consistent performance for high-demand workloads and efficient multitasking.

Connectivity is seamless, with Wi-Fi 6e and 1000M Ethernet support, ensuring constant, reliable connectivity essential for uninterrupted business operations.

Its 15.6″ IPS with 1920×1080 resolution, multi-touch display ensures crystal-clear visuals and an intuitive user experience.

Outstanding performance and customer benefit

The Cx20 is powered by a Hexa-core Intel® i3-1215U processor, reaching speeds up to 4.4GHz. With compatibility for Windows 11 IoT, it excels at handling high-demand workloads and multitasking, making it the ideal POS solution for businesses.

Memory options range from 8GB + 256GB as a base, ensuring versatility to meet various operational needs while maintaining a seamless experience for complex tasks. The Cx20 is equipped with an integrated 80mm thermal printer featuring auto-cutter technology, ensuring efficient printing, and LANDI’s patented auto-recovery technology automatically resolves paper jams for uninterrupted service.

Distinct competitive advantages

The Cx20 stands out with its perfect blend of cutting-edge design and high-performance functionality.

Equipped with the latest Intel® processors and generous memory options, it delivers smooth operation and efficient multitasking, making it ideal for demanding retail and hospitality environments.

Cx20 features an ultra-slim triangular base for added stability and a sleek profile. With a body thickness of 4mm and a screen thickness of 8mm, it combines state-of-the-art technology.

Visit LANDI Global for more information!

View original content to download multimedia:https://www.prnewswire.com/news-releases/landi-global-unveils-flagship-cx20-elevating-business-efficiency-and-customer-experience-with-a-next-generation-windows-powered-terminal-302348520.html

SOURCE LANDI Global

Continue Reading

Technology

CSI Companies Acquires MedSys Group, Expanding Healthcare IT Services

Published

on

By

CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

JACKSONVILLE, Fla., Jan. 11, 2025 /PRNewswire-PRWeb/ — CSI Companies, a leading provider of staffing, consulting, and workforce management services across the Healthcare IT industry, acquired MedSys Group, a premier Healthcare IT consulting firm based in Plano, Texas. This strategic acquisition will significantly enhance CSI’s capabilities in the Healthcare IT market, providing comprehensive solutions to a wider range of clients.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies. “This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

MedSys Group brings extensive expertise in Healthcare IT consulting, implementation, and support. Together, the combined entity will offer a more robust suite of solutions, including enhanced consulting, expanded implementation services, and comprehensive support. These offerings will provide strategic guidance, optimize operations, ensure seamless system integration, and improve proactive maintenance and issue resolution.

This acquisition aligns with CSI Companies’ strategic vision to bring innovative solutions that drive healthcare organizations forward. By combining the strengths of CSI Companies with MedSys Group, service delivery for our healthcare IT clients will be even greater.

“We are thrilled to welcome MedSys Group to the CSI family,” said Chris Flakus, CEO at CSI Companies.

“This acquisition bridges the gap in healthcare organizations and provides our clients with the right tools and strategies to increase operational efficiencies and the quality of patient care.”

Alan Kravitz, CEO at MedSys Group, added, “This unification will enable us to offer our clients a broader range of services and resources. We share a common commitment to excellence, innovation, and customer satisfaction, making this a natural fit.”

About CSI Companies

CSI Companies is a leading workforce solutions provider headquartered in Jacksonville, Florida. Founded in 1994, CSI Companies has expanded over the years to include a comprehensive range of services for diverse healthcare organizations. CSI Companies was acquired by Recruit Holdings in 2010, one of the world’s largest providers of HR services and the parent company of Indeed and Glassdoor. As a boutique division of Recruit, CSI has the resources necessary to scale with any enterprise, yet is small enough to maintain the agility, personal service, and remarkable experience it’s become known for since its founding.

About MedSys Group

Founded in 1995, MedSys Group is a leading Healthcare IT consulting firm driven by a passion for improving patient care. Specializing in solving complex healthcare IT challenges and aligning optimal solutions between organizations, patients, and communities, Medsys is dedicated to closing the gaps between IT systems and patient care. The team at Medsys Group defines its success by the success of its clients, fostering strong relationships, and partnering with some of the nation’s top healthcare companies.

Shared Values

Both CSI Companies and MedSys Group share a strong commitment to:

Customer Focus: Delivering exceptional value and exceeding client expectations.Innovation: Embracing cutting-edge solutions to drive business growth.Collaboration: Fostering strong partnerships with clients and employees.Excellence: Striving for the highest standards of quality and service.

To learn more visit CSICOMPANIES.COM

Media Contact Information

Samantha Sotter

Director of Marketing

ssotter@csicompanies.com

904.930.4388

Media Contact

Naomi Fraser, CSI Companies, 1 904.930.4388, nfraser@csicompanies.com, https://csicompanies.com/

View original content:https://www.prweb.com/releases/csi-companies-acquires-medsys-group-expanding-healthcare-it-services-302347135.html

SOURCE CSI Companies

Continue Reading

Technology

Thinkpal learning tablet from Think Academy wins TechRadar Pro Picks and Trusted Reviews Best in Show awards at CES 2025

Published

on

By

LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — Think Academy debuted its Thinkpal tablet at CES 2025 and has won a TechRadar Pro Picks and Trusted Reviews Best in Show awards for this innovative new product.

Both awards are given to innovative products and solutions at CES that stand out from a packed crowd. Think Academy President, Alex Peng, was presented the awards at CES, noting the awards were given to Thinkpal because it is both a wholly unique product in the education technology market and also provides such value to parents and educators.

Designed to transform the way kids learn, explore, and thrive in an ever-evolving world, the Thinkpal is powered by cutting-edge AI that serves as a guide and tutor for young learners. With significant learning loss experienced in recent years, families and educators have faced unprecedented challenges as test scores in reading and math have seen steady declines. Parents have expressed their struggles in reigniting their children’s passion for learning, while educators grapple with the complexities of bridging diverse learning gaps.

To meet these challenges, the Thinkpal tablet offers a tailored, AI-powered solution that provides step-by-step writing guidance and real-time math support, making learning more intuitive and enjoyable.

Alex Peng introduced several key features of the Thinkpal during a press event. He showed the audience how Thinkpal’s “GeniusTutor,” an AI-powered system that transforms learning into an interactive and engaging experience, is the heart of this product’s features. Built on the Microsoft Azure OpenAI GPT-4o model, GeniusTutor provides real-time guidance and feedback, empowering students to:

Conquer complex math problems through logic-driven, step-by-step explanationsMaster writing with interactive prompts and instant feedback that build confidence and creativityEnhance vocabulary and reading skills with innovative tools like “Point-and-Discover,” where children can point to words in a physical book, and the tablet’s camera instantly provides explanations, along with guided reading exercises

Adding a touch of fun and companionship, “Thinkie,” an advanced AI-powered learning companion, engages children through voice-based natural language interactions. Thinkie chats, answers questions, and fosters curiosity, making the learning process enjoyable and dynamic.

With an extensive library of ebooks, gamified coursework, and compatibility with popular applications like Google Classroom, the Thinkpal Tablet is a versatile tool for modern families. The 11-inch TÜV Rheinland-certified eye-care screen also safeguards children’s vision during extended use, while the optional keyboard transforms the tablet into a Chromebook-like device, enhancing productivity and usability.

“Our mission is to provide every child with a personalized, world-class tutor that inspires confidence and a lifelong love for learning”, noted Alex Peng during a media interview Q&A. “We’re honored that TechRadar and Trusted Reviews recognize the potential of the Thinkpal to improve learning through advanced and accessible technology.”

The Thinkpal Tablet will be available for $249 ($339 including keyboard) at shop.thethinkacademy.com. Pre-orders open today.

About Think Academy

Think Academy, a subsidiary of TAL Education Group (NYSE: TAL), has been at the forefront of education innovation for over two decades. Serving more than 5 million K-12 students across 10+ countries, Think Academy is dedicated to creating fair and comprehensive educational opportunities. By integrating advanced technology with expert curriculum design, Think Academy is shaping the future of learning to be more accessible, engaging, and impactful.

For media inquiries, contact:
Cecilia Qian
cecilia@impact5r.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/thinkpal-learning-tablet-from-think-academy-wins-techradar-pro-picks-and-trusted-reviews-best-in-show-awards-at-ces-2025-302348472.html

SOURCE Think Academy

Continue Reading

Trending