Connect with us

Technology

LivePerson Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Published

on

NEW YORK, Oct. 11, 2024 /PRNewswire/ — LivePerson, Inc. (Nasdaq: LPSN) is providing confirmatory notice, in compliance with the requirements of Nasdaq Listing Rule 5635(c)(4), of recent grants of equity-based incentive awards that LivePerson made under the LivePerson Inc. 2018 Inducement Plan (the “Inducement Plan”).

LivePerson established the Inducement Plan for the purpose of providing equity-based incentive awards to new hires and has done so during active periods of hiring.  In September 2024, LivePerson granted an award of restricted stock units (“RSUs”) to one employee in respect of 305,603 shares of LivePerson’s common stock, in replacement of a grant previously reported in May 2024 as 268,588 shares of LivePerson’s common stock. The RSUs all vest after six months.

All of the RSU grants are subject to the grantee’s continued employment on the scheduled vesting date. Each award granted under the Inducement Plan was granted as an inducement material to the grantee’s entering into employment with the Company.

About LivePerson, Inc.

LivePerson (NASDAQ: LPSN) is the enterprise leader in digital-first customer conversations. The world’s leading brands — including HSBC, Chipotle, and Virgin Media — use our award-winning Conversational Cloud platform to connect with millions of consumers. We power nearly a billion conversational interactions every month, providing a uniquely rich data set and AI-powered solutions to accelerate contact center transformation, supercharge agent productivity, and deliver more personalized customer experiences. Fast Company named us the #1 Most Innovative AI Company in the world. To talk with us or our AI, please visit liveperson.com.

Investor Contact:

ir-lp@liveperson.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/liveperson-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-302274280.html

SOURCE LivePerson, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Technology

International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS Smith

Published

on

By

MEMPHIS, Tenn., Oct. 11, 2024 /PRNewswire/ — International Paper (NYSE: IP) is pleased to announce today that it received the necessary shareholder approval for its pending acquisition of DS Smith (LSE: DSS), (the “Combination”). Earlier this week, DS Smith also received the necessary shareholder approval for the Combination.

International Paper will report the final vote results of the special shareholder meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the “SEC”). International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.

“The overwhelming approval from both DS Smith and IP shareholders confirms the strong support of this combination,” said Andy Silvernail, Chairman and CEO of International Paper. “Bringing the two companies together will create a true global leader of sustainable packaging solutions which will drive significant value for our employees, customers and shareholders.”

About International Paper
International Paper (NYSE: IP) is a global provider of renewable fiber-based packaging and pulp products, and one of the world’s largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what’s next. We serve customers worldwide, with manufacturing operations in North America, Europe, Latin America and North Africa. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting International Paper.

Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release that are not historical in nature may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by the use of forward-looking or conditional words such as “expects,” “anticipates,” “believes,” “estimates,” “could,” “should,” “can,” “forecast,” “intend,” “look,” “may,” “will,” “remain,” “confident,” “commit” and “plan” or similar expressions. These statements are not guarantees of future performance and reflect management’s current views and speak only as to the dates the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. All statements, other than statements of historical fact, are forward-looking statements, including, but not limited to, statements regarding the anticipated financial results, economic conditions, industry trends, future prospects and the execution and consummation of corporate transactions or contemplated acquisitions including the acquisition of DS Smith Plc (the “Combination”). Factors which could cause actual results to differ include but are not limited to: (i) our ability to consummate and achieve the benefits expected from, and other risks associated with, acquisitions, joint ventures, divestitures, spinoffs, capital investments and other corporate transactions, including, but not limited to, the Combination and our ability to integrate and implement our plans, forecasts, and other expectations with respect to the combined company; (ii) uncertainty as to whether or when the Combination may be completed, if at all; (iii) risks with respect to climate change and global, regional, and local weather conditions, as well as risks related to our targets and goals with respect to climate change and the emission of greenhouse gases (“GHG”) and other environmental, social and governance matters, including our ability to meet such targets and goals; (iv) loss contingencies and pending, threatened or future litigation, including with respect to environmental related matters; (v) the level of our indebtedness, risks associated with our variable rate debt, and changes in interest rates (including the impact of interest rate levels); (vi) the impact of global and domestic economic conditions and industry conditions, including with respect to current negative macroeconomic conditions, inflationary pressures and changes in the cost or availability of raw materials, energy sources and transportation sources, supply chain shortages and disruptions, competition we face, cyclicality and changes in consumer preferences, demand and pricing for our products, and conditions impacting the credit, capital and financial markets; (vii) risks arising from conducting business internationally, domestic and global geopolitical conditions, military conflict (including the Russia/Ukraine conflict, the conflict in the Middle East, the possible expansion of such conflicts, and the potential geopolitical and economic consequences associated therewith), changes in currency exchange rates, trade protectionist policies, downgrades in our credit ratings, and/or the credit ratings of banks issuing certain letters of credit, issued by recognized credit rating organizations; (viii) the amount of our future pension funding obligations, and pension and healthcare costs; (ix) the costs of compliance, or the failure to comply with, existing and new environmental (including with respect to climate change and GHG emissions), tax, labor and employment, privacy, anti-bribery and anti-corruption, and other U.S. and non-U.S. governmental laws and regulations; (x) any material disruption at any of our manufacturing facilities or other adverse impact on our operations due to severe weather, natural disasters, climate change or other causes; (xi) our ability to realize expected benefits and cost savings associated with restructuring initiatives; (xii) cybersecurity and information technology risks, including as a result of security breaches and cybersecurity incidents; (xiii) our exposure to claims under our agreements with Sylvamo Corporation; (xiv) our failure to realize the anticipated benefits of the spin-off of Sylvamo Corporation and the qualification of such spin-off as a tax-free transaction for U.S. federal income tax purposes; and (xv) our ability to attract and retain qualified personnel. These and other factors that could cause or contribute to actual results differing materially from such forward-looking statements can be found in our press releases and other reports filed with the SEC. In addition, other risks and uncertainties not presently known to IP or that we currently believe to be immaterial could affect the accuracy of any forward-looking statements. IP undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

IP’s Definitive Proxy Statement filed with the SEC on September 12, 2024, as supplemented on October 1, 2024 (the “Proxy Statement”) relating to the issuance by International Paper of new shares of common stock, par value $1.00 per share to the shareholders of DS Smith in connection with the Combination (the “Share Issuance”)”, its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and its Quarterly Reports on Form 10-Q for the periods ended March 31, 2024, and June 30, 2024, contain additional information regarding forward-looking statements and other risk factors with respect to IP.

Additional Information
This press release may be deemed to be solicitation material in respect of the Combination, including the Share Issuance. To the extent IP effects the Combination as a scheme of arrangement under the laws of the United Kingdom, the Share Issuance does not require registration under the U.S. Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”), pursuant to an exemption provided by Section 3(a)(10) under the Securities Act. In the event that IP determines to conduct the Combination pursuant to an offer or otherwise in a manner that is not exempt from the registration requirements of the Securities Act, it will file a registration statement with the SEC containing a prospectus with respect to the Share Issuance. INVESTORS AND SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT, THE SCHEME DOCUMENT, AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT IP, THE COMBINATION, THE SHARE ISSUANCE, AND RELATED MATTERS.

Investors and shareholders will be able to obtain free copies of the Proxy Statement and other documents filed by IP with the SEC at the SEC’s website at http://www.sec.gov. In addition, investors and shareholders will be able to obtain free copies of the Proxy Statement, the scheme document, and other documents filed by IP with the SEC at https://www.internationalpaper.com/investors.

View original content to download multimedia:https://www.prnewswire.com/news-releases/international-paper-announces-overwhelming-shareholder-approval-in-connection-with-the-proposed-acquisition-of-ds-smith-302274326.html

SOURCE International Paper

Continue Reading

Technology

Automotive Body Control Module Market to Grow by USD 2.30 Billion from 2024-2028 Driven by Scalable BCMs for Various Vehicle Categories, Report on AI Redefining Market Landscape – Technavio

Published

on

By

NEW YORK, Oct. 11, 2024 /PRNewswire/ — Report with market evolution powered by AI – The Global Automotive Body Control Module Market  size is estimated to grow by USD 2.30 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.5% during the forecast period. Multiple scalable automotive BCMS for different vehicle categories is driving market growth, with a trend towards increasing demand for small and reliable automotive BCMS . However, increasing cost pressure faced by OEMS poses a challenge – Key market players include Aptiv Plc, Continental AG, DENSO Corp., FEV Group GmbH, HELLA GmbH and Co. KGaA, Hitachi Ltd., Hyundai Motor Co., Infineon Technologies AG, Information Technologies Institute Intellias LLC, Lear Corp., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, OMRON Corp., Renesas Electronics Corp., Robert Bosch GmbH, Samvardhana Motherson International Ltd., STMicroelectronics International N.V., and Texas Instruments Inc.

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Application (Passenger cars and Commercial vehicles) and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

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

Key companies profiled

Aptiv Plc, Continental AG, DENSO Corp., FEV Group GmbH, HELLA GmbH and Co. KGaA, Hitachi Ltd., Hyundai Motor Co., Infineon Technologies AG, Information Technologies Institute Intellias LLC, Lear Corp., Mitsubishi Electric Corp., Nidec Corp., NXP Semiconductors NV, OMRON Corp., Renesas Electronics Corp., Robert Bosch GmbH, Samvardhana Motherson International Ltd., STMicroelectronics International N.V., and Texas Instruments Inc.

Key Market Trends Fueling Growth

The Automotive Body Control Module (BCM) market is witnessing significant growth due to the increasing complexity of vehicle designs. While multiple BCMs are used to manage the electronic content in vehicles, there is a rising demand for compact and reliable BCMs. Manufacturers like Aptiv Plc, Continental AG, Robert Bosch GmbH, Texas Instruments Inc., and DENSO Corp., are meeting this demand by producing small, yet powerful BCMs. These BCMs enable efficient communication between electronic body components using ASIC and SMD technology. The compact size of these modules ensures that they can effectively deliver safety, comfort, and convenience functions in real-time to end-users. This trend towards innovation and the need for small, reliable modules is expected to drive the global automotive BCM market during the forecast period. 

The Automotive Body Control Module (BCM) market is experiencing significant growth, driven by the increasing demand for advanced features in vehicles. BCMs control various functions such as lighting, windows, door locks, wipers, switches, sensors, and more in both passenger cars and commercial vehicles. Trends in this market include the integration of AI, energy efficiency, safety features, and smart infrastructure in electric and autonomous vehicles. Personalized in-car experiences, telematics, infotainment systems, keyless entry, and automatic wipers are also gaining popularity. BCMs use various networks like Controller Area Network (CAN), Local Interconnect Network (LIN), and Ethernet to connect various vehicle systems. Vehicle connectivity through Bluetooth, Wi-Fi, NFC, and IoT is also on the rise, enabling features like voice recognition and cloud services. Safety systems, such as electronic control units, lights, power windows, central locking, climate control, horn, and sensors, are essential components of BCMs. Overall, the market for BCMs is expected to grow significantly due to the increasing demand for advanced features in vehicles. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

OEMs face significant cost pressure due to increasing regulations and customer demands, leading to higher production costs. Stringent emission norms and substantial R&D investments add to the financial burden. To maintain profitability, OEMs absorb these costs, limiting their ability to pass them onto consumers. Consequently, they must reduce production costs and ensure product quality. Outsourcing manufacturing to low-cost countries, such as China, Taiwan, and South Korea, is a common strategy. However, rising labor costs in these countries pose a challenge. These factors may negatively impact the automotive Body Control Module (BCM) market, as OEMs seek cost savings without compromising quality.The Automotive Body Control Module (BCM) market is witnessing significant growth due to the increasing demand for advanced comfort and security features in passenger cars. BCMs manage various functions such as power windows, central locking, climate control, horn, voice recording, and vehicle connectivity. Challenges in this market include integrating new technologies like Internet of Things (IoT), smartphones, cloud services, Bluetooth, Wi-Fi, and Near Field Communication. Automakers are partnering with Tier 1 suppliers to develop BCMs that can handle CAN, Ethernet, and other bus systems. Security and access are key concerns, with BCMs acting as gateways for remote modules and loads. ECUs, microcontrollers, printed circuit boards, input-output devices, and bus transceivers are essential hardware components. BCMs must cater to various vehicle model variants and vehicle types, including light-duty vehicles.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This automotive body control module market report extensively covers market segmentation by

Application 1.1 Passenger cars1.2 Commercial vehiclesGeography 2.1 APAC2.2 North America2.3 Europe2.4 South America2.5 Middle East and Africa

1.1 Passenger cars-  The automotive body control module (BCM) market holds significant growth potential, particularly in the passenger cars segment. BCMs in passenger cars manage various electronic accessories and systems, such as lighting, windows, door locks, seat controls, air conditioning, and more. They ensure the smooth operation of these systems, enhancing the driving experience and vehicle safety. The increasing demand for advanced and connected passenger cars is a major market driver. Modern passenger cars incorporate sophisticated electronics, necessitating BCMs to manage system complexity efficiently. The rise of electric and hybrid vehicles further boosts demand for advanced BCMs due to their intricate control requirements. Technological advancements, including autonomous driving features and advanced driver assistance systems (ADAS,) fuel market growth. These features require reliable and efficient BCMs for proper functionality and safety. Consumer expectations for comfort, convenience, and enhanced vehicle performance also drive demand for innovative BCM solutions. Automakers invest in research and development to integrate cutting-edge technologies, catering to evolving market needs. These factors are expected to drive the growth of the passenger cars segment of the automotive BCM market during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data ( – ) 

Research Analysis

The Automotive Body Control Module (BCM) market refers to the electronic control devices used in vehicles to manage various body functions. These functions include lighting systems, windows, door locks, wipers, switches, sensors, and more. BCMs are integral to modern vehicles, enhancing comfort, convenience, and safety. They are found in both traditional internal combustion engine (ICE) vehicles and electric vehicles (EVs). In ICE vehicles, BCMs manage various systems such as power windows, central locking, climate control, horn, and access controls. In EVs, they also manage charging systems and vehicle connectivity features. BCMs use a network of sensors and switches to monitor vehicle conditions and respond accordingly. They communicate with other vehicle systems through the Electronic Control Unit (ECU) and Gateway modules. BCMs also support advanced safety systems and offer voice recording and security features. Remote modules allow for keyless entry and start, while loads control ensures efficient power distribution.

Market Research Overview

The Automotive Body Control Module (BCM) market encompasses various electronic systems that manage and control various functions in vehicles, including lighting, windows, door locks, wipers, switches, sensors, and more. These modules are essential components in both passenger cars and commercial vehicles, enhancing safety, comfort, and convenience. The market is witnessing significant growth due to the increasing adoption of electric vehicles and autonomous vehicles, which require advanced BCM systems for energy efficiency, safety features, and autonomous driving capabilities. AI, smart infrastructure, telematics, infotainment systems, and personalized in-car experiences are driving the market’s growth. The BCM market includes various hardware components, such as microcontrollers, printed circuit boards, input-output devices, bus transceivers, and Controller Area Network (CAN) and Local Interconnect Network (LIN) systems. Tier 1 suppliers play a crucial role in supplying these components to automakers for various vehicle model variants and types, including passenger cars, light-duty vehicles, and commercial vehicles. Vehicle connectivity through the Internet of Things (IoT), smartphones, cloud services, Bluetooth, Wi-Fi, and Near Field Communication (NFC) is also a significant trend in the market. Security and access controls are essential considerations for BCMs, ensuring the protection of vehicles and their occupants.

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 VehiclesGeographyAPACNorth AmericaEuropeSouth 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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/automotive-body-control-module-market-to-grow-by-usd-2-30-billion-from-2024-2028-driven-by-scalable-bcms-for-various-vehicle-categories-report-on-ai-redefining-market-landscape—technavio-302273551.html

SOURCE Technavio

Continue Reading

Technology

Automotive Anti-Pinch Power Window System Market to Grow by USD 3.24 Billion from 2024-2028, Driven by Enhanced Automotive Safety Systems, Market Evolution Powered by AI – Technavio

Published

on

By

NEW YORK, Oct. 11, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Automotive Anti-Pinch Power Window System Market size is estimated to grow by USD 3.24 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 12.54%  during the forecast period. Increasing safety systems in automotive industry is driving market growth, with a trend towards single motor for anti-pinch power window and soft-close door systems. However, sharp decline in automobile production and sales  poses a challenge – Key market players include Acsysteme, Brose Fahrzeugteile SE and Co. KG, Continental AG, DENSO Corp., Grupo Antolin Irausa SA, Inteva Products LLC, Leopold Kostal GmbH and Co KG, LITE ON Technology Corp., Mabuchi Motor Co. Ltd., Magna International Inc., Microchip Technology Inc., Mitsuba Corp., Nidec Corp., NSB Classic PTE LTD, NXP Semiconductors NV, Panasonic Holdings Corp., Robert Bosch GmbH, Stoneridge Inc., Texas Instruments Inc., and Valeo SA.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Automotive Anti-Pinch Power Window System Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.54%

Market growth 2024-2028

USD 3241.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.9

Regional analysis

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

Performing market contribution

APAC at 36%

Key countries

US, China, Germany, UK, and Japan

Key companies profiled

Acsysteme, Brose Fahrzeugteile SE and Co. KG, Continental AG, DENSO Corp., Grupo Antolin Irausa SA, Inteva Products LLC, Leopold Kostal GmbH and Co KG, LITE ON Technology Corp., Mabuchi Motor Co. Ltd., Magna International Inc., Microchip Technology Inc., Mitsuba Corp., Nidec Corp., NSB Classic PTE LTD, NXP Semiconductors NV, Panasonic Holdings Corp., Robert Bosch GmbH, Stoneridge Inc., Texas Instruments Inc., and Valeo SA

Market Driver

The automotive anti-pinch power window system and soft-close door systems in vehicles share a similar DC motor design, offering a cost-effective opportunity for Original Equipment Manufacturers (OEMs). By utilizing a single motor for both systems, OEMs can optimize production costs and potentially make anti-pinch power windows a standard feature. The power window system activates upon vehicle ignition or retained power operation. Encoders monitor motor operation, sending pulse signals to power window switches. The body control module manages power supply and retention. Door switches transmit door status information, while power window switches engage their respective anti-pinch systems. Door lock assemblies transmit key cylinder switch operating conditions to the anti-pinch main switch. Given the motor similarity between anti-pinch power window systems and soft-close door systems, sharing motors between the two systems represents a significant cost-saving measure. This cost optimization strategy could lead to increased market growth for automotive anti-pinch power window systems during the forecast period. 

The Automotive Anti-Pinch Power Window System market is experiencing significant growth in the automotive sector. With the ongoing trend towards electrification, anti-pinch technology is becoming a crucial safety feature in power windows. This technology uses sensors to detect window movement and barrier detection, preventing accidents and injuries. OEMs and aftermarket providers are integrating this technology into various vehicle types, including passenger cars, compact vehicles, midsize vehicles, light commercial vehicles, and heavy commercial vehicles. Anti-pinch power window systems are essential electronic equipment for automotive safety and security. They are being integrated into driving assistance systems, braking systems, stability systems, electric vehicles, and vehicle connectivity features. The use of sensor technologies and smartphone applications is increasing, providing real-time alerts and enhancing the overall driving experience. The anti-pinch power window system market is expected to grow, especially in the passenger car segment, due to increasing demand for safety features. Governments are also providing tax breaks and liquidity support to boost the auto part industry. The market is segmented into automatic and manual systems, catering to various vehicle types and budget segment cars. The future of anti-pinch power window systems lies in their ability to prevent accidents and ensure passenger safety. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The automotive industry, including passenger and commercial vehicles, has experienced a decline in sales and production since 2018. For instance, Tata Motors sold 8,891 HCV units in June 2024, a 8% decrease from the previous year. Similarly, ILMCV sales decreased by 11% in July 2024. The sales dip is due to various factors, including economic recession and the global pandemic. In India, commercial vehicle sales are expected to decline further by 3%-6% due to decreasing demand. The automotive industry faced a significant decline in 2020, with passenger car sales registering an 87% decrease in May 2020. However, the market recovered in Q3 of 2020. The annual sales for the automotive market reported a 16.5% decline in 2020, with 2.47-million-unit sales. The global pandemic and economic recession have negatively impacted the demand for automotive components and parts, such as power window systems, hampering the growth of the global automotive anti-pinch power window system market during the forecast period.The automotive anti-pinch power window system market faces various challenges in the rapidly evolving automotive industry. These include the development of braking systems, stability systems, and electronic steering, as well as driving assistance systems for electric vehicles. Sensor technologies, vehicle connectivity, and smartphone applications are also crucial factors. For passenger cars, OEMs and aftermarket players cater to various vehicle types, including passenger vehicles, compact vehicles, luxury vehicles, midsize vehicles, light commercial vehicles, and heavy commercial vehicles. Market growth is influenced by factors like mandatory safety regulations, tax breaks, and liquidity support. Antipinch technology, a key feature of power window systems, is essential for passenger safety, particularly in accidents. The auto part industry is continuously innovating to meet market demands. However, budget segment cars ma

y face challenges due to cost considerations. Motor manufacturers must balance affordability with safety features, ensuring a balance between motor technology and anti-pinch solutions.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This automotive anti-pinch power window system market report extensively covers market segmentation by  

Application 1.1 Luxury vehicle1.2 OthersChannel 2.1 OEM2.2 AftermarketGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Luxury vehicle-  The luxury vehicle market, characterized by high-end automobiles sold at premium prices, is driven by advanced technological updates. Luxury cars, including those priced above USD400,000, dominate the market, with German automakers leading the charge. The demand for luxury SUVs, particularly in developed markets like the US and emerging ones like China, is fueling growth. However, the global automotive anti-pinch power window system market growth is expected to be slow due to the COVID-19 pandemic’s impact. Production halts and economic slowdown led to a decline in luxury vehicle sales. Post-pandemic, manufacturers are adopting cost-cutting measures and innovative production technologies to rebound. These factors will drive the market’s recovery during the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Automotive Anti-Pinch Power Window System market is a significant segment of the automotive sector, focusing on electrification and safety. This technology, integrated into power windows, employs sensors to detect objects or fingers during window movement, preventing injuries. Anti-pinch technology is an essential safety feature that enhances automotive safety by preventing accidents. The system uses barrier detection to identify obstacles and automatically reverses window direction. This technology is not limited to specific vehicle types, including automatic and manual passenger vehicles, compact vehicles, luxury vehicles, midsize vehicles, light commercial vehicles, and heavy commercial vehicles. The budget segment cars also incorporate this technology, making it accessible to a wider audience. The motor industry, including OEMs and the aftermarket, plays a crucial role in the production and distribution of anti-pinch power window systems. This technology’s integration into power windows is a testament to the auto part industry’s commitment to injury protection and accident prevention for drivers and passengers.

Market Research Overview

The Automotive Anti-Pinch Power Window System Market is a significant segment of the automotive sector, focusing on electrification and safety. Anti-pinch technology, a crucial safety feature, is integrated into power windows to prevent injuries from window closure on passengers or objects. This technology uses sensors to detect window movement and barrier detection, enabling the window to reverse direction if an obstruction is detected. Anti-pinch power window systems contribute to accident prevention and injury protection, enhancing automotive safety and security. As part of the growing electronic equipment in vehicles, these systems are found in various vehicle types, including passenger cars, compact vehicles, midsize vehicles, luxury vehicles, light commercial vehicles, and heavy commercial vehicles. OEMs and the aftermarket cater to the demand for anti-pinch power window systems, with applications in electric vehicles, manual and automatic passenger vehicles, and motorcycles. The market is influenced by factors such as sensor technologies, vehicle connectivity, smartphone applications, and mandatory safety regulations. The auto part industry benefits from the market’s growth, with potential for liquidity support, tax breaks, and innovation. The market’s future looks promising, with ongoing advancements in vehicle safety and the increasing popularity of electric vehicles.

Table of Contents:

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

ApplicationLuxury VehicleOthersChannelOEMAftermarketGeographyAPACEuropeNorth 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-anti-pinch-power-window-system-market-to-grow-by-usd-3-24-billion-from-2024-2028–driven-by-enhanced-automotive-safety-systems-market-evolution-powered-by-ai—technavio-302273558.html

SOURCE Technavio

Continue Reading

Trending