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Automotive Adaptive Front Lighting System Market size is set to grow by USD 3.09 billion from 2024-2028, Use of afl systems as product differentiators to boost the market growth, Technavio

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NEW YORK, July 11, 2024 /PRNewswire/ — The global automotive adaptive front lighting system market is poised to grow significantly, with an estimated increase of USD 3.09 billion between 2024-2028, driven by a projected CAGR of nearly 8.18%. The adoption of AFL systems as product differentiators is a key growth factor, alongside the trend towards AI-enabled ADAS solutions. However, challenges such as the high repair costs associated with ADAS technologies are notable. Major players contributing to this market include ams OSRAM AG, Continental AG, Ford Motor Co., Hyundai Motor Group, and others like Koito Manufacturing Co. Ltd. And Valeo SA.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Passenger cars and Commercial vehicle), Channel (OEM and Aftermarket), and Geography (Europe, North America, APAC, South America, and Middle East and Africa)

Region Covered

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

Key companies profiled

ams OSRAM AG, Continental AG, De Amertek Corp., Ford Motor Co., Hyundai Motor Group, Johnson Electric Holdings Ltd., Koito Manufacturing Co. Ltd., Koninklijke Philips N.V., LG Corp., Lumax Industries Ltd, Marelli Holdings Co. Ltd., Mazda Motor Corp., Robert Bosch GmbH, SL Corp., Stanley Electric Co. Ltd., Stellantis NV, Tata Motors Ltd., Texas Instruments Inc., Valeo SA, and Varroc Engineering Ltd.

Key Market Trends Fueling Growth

Automotive companies prioritize customer needs and personalized solutions in a connected environment. Artificial Intelligence (AI) technology is increasingly adopted in Advanced Driver-Assistance Systems (ADAS), mimicking human brain functions. AI-based ADAS continuously learns and enhances object detection and recognition. This technology consumes less power and reduces development time. Leading ADAS manufacturers invest in AI-based solutions, as they improve object detection and recognition, such as NVIDIA DRIVE AutoPilot. Technavio predicts AI-enabled ADAS will dominate the automotive industry, enabling effective active safety and reliable driving systems. This trend significantly contributes to the growth of the global automotive adaptive front lighting system market. Notable vendors have recently introduced AI-based ADAS solutions, making it a crucial market trend.

The Automotive Adaptive Front Lighting System market is experiencing significant growth due to increasing demand for advanced safety features in passenger vehicles. Image sensors play a crucial role in these systems, enabling headlights to adapt to various driving circumstances, including automobile collisions, driver fatigue, and nighttime conditions. Adaptive control systems improve road safety by adjusting headlight intensity and direction based on climatic factors, road conditions, traffic, and curve roads. LED technology, including LED, OLED, and laser headlights, is driving innovation in this market. Premium vehicles and electric/hybrid models are leading the adoption of these advanced lighting systems. Pedestrian safety is a key focus area, with AI and machine learning technologies being integrated to enhance nighttime safety features. The market is expected to continue growing as the demand for vehicle safety features increases, particularly in the context of reducing fatal accidents and improving overall road safety.

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Market Challenges

The automotive adaptive front lighting system market faces challenges due to high repair costs associated with advanced driver-assistance systems (ADAS), including adaptive front lighting (AFL). In both emerging and developed markets, the expense of repairing vehicles with ADAS technologies hinders customer satisfaction and adoption. For instance, the US repair cost for an AFL system is over $1,000, which is significantly high for many customers. This issue is further compounded by the shortage of skilled technicians required for proper calibration of these systems, increasing repair costs and exacerbating the issue. According to the US Bureau of Labor Statistics, the automotive industry will need approximately 46,000 skilled automotive technicians by 2026. Given the current shortage, repair and maintenance costs are expected to continue rising, posing a significant challenge to the growth of the global automotive adaptive front lighting system market.The Automotive Adaptive Front Lighting System market is experiencing significant growth due to the increasing demand for advanced safety features in passenger cars. The use of adaptive control systems in headlights is becoming essential for enhancing visibility during nighttime driving circumstances. Electric and hybrid vehicles are also adopting these systems, utilizing LED technology for energy efficiency. Premium cars and commercial vehicles, including passenger vehicles and lightweight models, are integrating adaptive front lighting systems with laser headlights and OLED lighting systems. Challenges in this market include ensuring compatibility with various driving conditions, such as rain, fog, and incoming traffic. Machine learning technologies and sensors, including LIDAR sensors and cameras, are being employed to address these challenges. Additionally, AI and 3D maps are used to optimize lighting based on vehicle speed and road view. Pedestrian and obstacle detection, glare reduction, and visual comfort are key considerations for enhancing the driving experience. The autonomous automobile sector is also driving the demand for adaptive front lighting systems, focusing on improving safety and energy efficiency.

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Segment Overview 

This automotive adaptive front lighting system market report extensively covers market segmentation by

Application1.1 Passenger cars1.2 Commercial vehicleChannel2.1 OEM2.2 AftermarketGeography3.1 Europe3.2 North America3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Passenger cars- The Automotive Adaptive Front Lighting System market is experiencing significant growth due to the integration of advanced technologies in headlights, enhancing driving safety and visibility during nighttime. Adaptive control systems, such as LED technology, laser headlights, and OLED lighting systems, are increasingly being adopted in premium cars, electric vehicles, and hybrid vehicles. These lighting systems use sensors, cameras, and machine learning technologies to adapt to driving conditions, including rain, fog, and incoming traffic. Artificial intelligence (AI) and machine learning technologies enable these systems to analyze driving circumstances and adjust the headlamps accordingly. For instance, they can adjust the vehicle speed, road view, and passenger vehicles’ position to optimize lighting and ensure visual comfort. Moreover, these systems improve energy efficiency, reducing the overall energy consumption of the vehicle. Interior and exterior lighting, including LEDs, headlamps, and rear combination lamps, are also being upgraded with advanced technologies. LIDAR sensors, 3D maps, and other sensors enable autonomous automobile sector vehicles to navigate complex road networks, ensuring both driver and passenger safety. In summary, the adaptive front lighting system market is a critical component of modern vehicles, enhancing the driving experience, improving vehicle safety features, and ensuring optimal visibility under various driving conditions.

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 Adaptive Front Lighting System Market is a significant segment of the lighting systems industry, focusing on advanced headlights for enhanced vehicle safety. These systems adapt to driving circumstances, particularly during nighttime, using adaptive control systems. Electric and hybrid vehicles, lightweight passenger vehicles, commercial vehicles, and even autonomous automobiles are incorporating this technology. Image sensors monitor road conditions, including automobile collisions, climatic factors, and road networks, to adjust the headlight beam accordingly. Adverse conditions like rain, fog, traffic, curve roads, and glare are effectively managed. LED technology, with its superior illumination and longevity, is increasingly preferred. Adaptive front lighting systems contribute to passenger safety, reducing the risk of fatal accidents, and require minimal automobile maintenance. The market’s growth is driven by the increasing demand for advanced vehicle safety features and the expanding road networks worldwide.

Market Research Overview

The Automotive Adaptive Front Lighting System market is a dynamic and innovative sector, driven by advancements in lighting technology and adaptive control systems. Headlights play a crucial role in enhancing visibility during nighttime driving, especially in various driving circumstances. Premium cars, electric vehicles, and hybrid vehicles are increasingly incorporating these systems, with LED technology, laser headlights, and OLED lighting systems leading the way. Adaptive control systems utilize sensors, cameras, and artificial intelligence (AI) to adjust lighting based on driving conditions, vehicle speed, and road view. These features improve safety by addressing night, rain, fog, incoming traffic, and other challenging conditions. Energy efficiency is also a priority, with LEDs and other advanced lighting solutions reducing energy consumption. The market extends to interior and exterior lighting, including rear combination lamps, and encompasses various vehicle types, from passenger cars to commercial vehicles and the autonomous automobile sector. Road networks, automobile collisions, passenger safety, and driver fatigue are significant concerns addressed by these systems. Climatic factors, road conditions, and traffic also influence the demand for adaptive front lighting systems, ensuring a safer, more comfortable driving experience for all vehicle owners.

Table of Contents:

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

ApplicationPassenger CarsCommercial VehicleChannelOEMAftermarketGeographyEuropeNorth AmericaAPACSouth AmericaMiddle East And Africa

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

Sustainable Infrastructure Holding Company (“SISCO”) Q3FY24 revenue (excluding accounting construction revenue) increases by 23.8% to 341.8 million

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November 16, 2024

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Revenue grew by 23.8% compared to previous yearGross profit of SAR 179.8 million, a 21.7% increase compared to Q3FY23Adjusted EBITDA rose 29.5% to SAR 210.2 million

JEDDAH, Saudi Arabia, Nov. 16, 2024 /PRNewswire/ — Sustainable Infrastructure Holding Company (“SISCO”, “TADAWUL: 2190”), Saudi Arabia’s leading strategic investor in Ports & Logistics and Water Solutions has announced its financial results for the quarter ended 30 September 2024.

Revenues for the third quarter of 2024, excluding accounting construction revenue, grew by 23.8% compared to Q3FY23 to reach SAR 341.8 million. On a quarter-to-quarter basis, revenues grew by 13.0% compared to Q2FY24.

The third-quarter gross profit of SAR 179.8 million represents 14.7% quarter-on-quarter growth and 21.7% growth compared to Q3FY23. The gross profit margin for Q3FY24 was down 0.9% year-on-year, due to increased depreciation and direct costs, but was up 0.8% quarter-on-quarter, in line with expectations. Year-to-date saw gross profits increase by 13.8% to SAR 469.5 million.

Adjusted EBITDA growth rose 29.5% to SAR 210.2 million compared to Q3FY23, aligning SISCO with strategic goals. Quarter-on-quarter growth was 20.8%, with a year-to-date increase of 17.7% to SAR 543.8 million.

SISCO reports a strong recovery in the Red Sea Gateway Terminal from subdued Q3FY23 Port segment results due to the Red Sea situation. Port volume reached 828,868 TEUs in Q3FY24, returning to levels similar to Q4FY23.

Commenting on the results: Eng. Khalid Suleimani, Group CEO, SISCO said:

“I am pleased to report that SISCO has continued to demonstrate strong growth and operational performance in Q3FY24, with revenues improving by 23.8% compared to Q3FY23. Our Ports segment, which remains a key growth driver, saw a significant increase, leading to robust results despite the Red Sea challenges.

Net income remains strong, despite the one-off payment of SAR 25 million to Zakat. Another highlight of the quarter is the impressive recovery in the Red Sea Gateway Terminal, highlighting it’s resilience.

We are also excited to announce the Multi-Purpose Terminals (MPT) concession, which will allow us to expand operations across all non-containerised port facilities in the Red Sea Gateway Terminal. This strategic initiative positions SISCO to capture further growth opportunities domestically and internationally.

Looking ahead, we remain committed to executing our five-year strategy to double revenues by 2026 and continue delivering long-term value to our shareholders.”

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Carbon Mapper Achieves First Tanager-1 Methane Mitigation Success

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2 hours ago

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November 16, 2024

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BAKU, Azerbaijan, Nov. 16, 2024 /PRNewswire/ — Carbon Mapper released over 300 methane and CO2 plume detections today— its first tranche of emissions data based on observations from the Tanager-1 satellite which was launched in August. Tanager-1 is built and operated by Planet Labs PBC and made possible by the Carbon Mapper Coalition, a philanthropically backed public-private partnership including Planet Labs and NASA’s Jet Propulsion Laboratory among others. This data offers granularity on sources of super-emitters around the world, driving direct actions to cut methane and carbon dioxide as proven by an early mitigation success story.

Tackling methane is a global priority. This mitigation success shows how remote sensing tech can be a game changer.

On Oct. 9, Tanager-1 detected a large plume of methane which Carbon Mapper determined was stemming from a gathering pipeline in the Texas Permian Basin. The team reported the leak to a state agency and the U.S. government, who subsequently notified the facility operator. The operator quickly responded and voluntarily conducted repairs, leading to meaningful emissions reduction. Follow up observations from Tanager-1 detected no plume, confirming the leak was successfully fixed.

Carbon Mapper’s preliminary emissions estimate of this leak is approximately 7,000 kilograms of methane per hour. Each hour it was emitting equaled the same CO2 emissions as driving 47 gas-powered cars for a year.

This first verified methane mitigation action adds to existing evidence that when decision makers are empowered with data on the exact sources of emissions, they can effectively prioritize actions that cut waste and eliminate methane. This mitigation is consistent with pilot airborne surveys Carbon Mapper has conducted in several U.S. states including California and Colorado. Through these pilots, Carbon Mapper has found that nearly half of super-emitting events flagged for state agencies and operators were previously unknown, and once identified, were voluntarily mitigated.

“Tackling methane quickly is a crucial global priority. This early mitigation success story shows that remote sensing technologies with unique capabilities like Tanager-1 can be a gamechanger in driving down emissions in the near-term,” said Carbon Mapper CEO Riley Duren.

To scale these local mitigation successes globally, Carbon Mapper is making new data from Tanager-1 publicly available on its data portal. These include detections of methane and CO2 in 34 countries across the oil and gas, waste, and agriculture sectors. This work is supported by the High Tide Foundation, Grantham Foundation for the Protection of the Environment, Bloomberg Philanthropies, Children’s Investment Fund Foundation, AKO Foundation, and Zegar Family Foundation, among others.

In the coming months, Carbon Mapper will continue to scale up observations and make methane and CO2 data routinely accessible to help decision makers fill gaps in their understanding of the exact sources of emissions and empower mitigation action at the source. These routine detections will be made publicly available for non-commercial use 30 days after collection. Together, with complementary satellite programs, like the Environmental Defense Fund’s MethaneSAT, Carbon Mapper will provide transparent data at different levels of granularity and ensure that the information gets into the right hands to catalyze faster and more effective emissions reductions.

Special Note to Reporters:
More information, including plume images and key data from Tanager-1, can be found in our press package here. 

About Carbon Mapper
Carbon Mapper is a nonprofit organization based in Pasadena, CA, with the mission to drive greenhouse gas emissions reductions by making methane and carbon dioxide data accessible and actionable. It focuses on filling gaps in the emerging ecosystem of methane and CO2 monitoring systems by delivering data at facility scale that is precise, timely, and accessible to empower decision making and direct mitigation action. The organization leads a public-private coalition that is developing and deploying a constellation of satellites capable of detecting, quantifying, and verifying methane emissions worldwide. Data from these satellites will offer the next major step in scaling up the organization’s robust data portal featuring thousands of direct observations of global methane and CO2 super-emitters. Learn more at carbonmapper.org, view data at data.carbonmapper.org, and follow us on X @carbonmapper.

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SOURCE Carbon Mapper Inc.

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The Centennial Celebration of Sun Yat-sen University Held in Guangzhou

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2 hours ago

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November 16, 2024

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GUANGZHOU, China, Nov. 16, 2024 /PRNewswire/ — The Sun Yat-sen University (SYSU) held the Celebration Conference for the 100th Anniversary of SYSU and Innovation-Driven Development Forum  in the university on the morning of November 12. Over 5,500 people from governments, universities, institutions and organizations across the country as well as the SYSU alumni, faculty and student representatives attended the event.

 

In his opening remarks, Gao Song, president of Sun Yat-sen University and a member of the Chinese Academy of Sciences, mentioned the glorious century-long history of the university.

“Sun Yat-sen University was established in a time of national crisis and went through the periods from revolution to building of the People’s Republic of China. Based in Guangdong Province, the frontline of China’s reform and opening-up, SYSU has achieved a remarkable development in the new era of socialism with Chinese characteristics,” Gao said.

SYSU will expand opening up at a high level to deepen international exchange and cooperation, and build a global partnership network of universities. The university will continue to contribute its efforts to promoting mutual learning between civilizations, tackling global challenges, advancing science and technology, reaching sustainable socio-economic development, as well as improving the wellbeing of humanity, Gao added.

Lynn Pasquerella, president of the Association of American Colleges and Universities, extended congratulations to Sun Yat-sen University and spoke highly of the achievements the university has made over the past century. She said the university’s innovative research is impressive, in particular with the frontier research in bioinformatics and cancer treatment. SYSU also takes a leading position in social science research in China. She pointed out that these accomplishments can be attributed to the unremitting efforts of the university to benefit China and the rest of the world with knowledge.

The centennial celebration conference was followed by the Innovation-Driven Development Forum. Professor Jean-Marie Lehn, the Nobel Laureate in Chemistry in 1987 and also known as the “father of supramolecular chemistry”, who is now a member of the French Academy of Sciences and an international member of the Chinese Academy of Sciences, together with other distinguished experts in sectors of image and video AI and search, cloud computing, and distributed systems as well as outstanding representatives of SYSU alumni attended the forum. They discussed the role of education, science and technology, and talents in Chinese modernization.

https://youtu.be/7y2hMQpT_kE?si=MxGOIxpSkfYn2f00

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SOURCE Sun Yat-sen University (SYSU)

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