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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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Baseus Announces New Line of iPhone and Tech Accessories – Including Wireless Chargers, Security Cameras, Power Banks, and More

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As a company that designs products to be practical, reliable, and based on users, the new releases are curated to make everyday life easier and more efficient.

NEW YORK, Sept. 20, 2024 /PRNewswire/ — Baseus, a global leader in consumer electronics and mobile accessories, hosted an exclusive launch event in New York, introducing its latest innovations: the PicoGo series, Nomos series, and Security Camera series. These new offerings, including wireless chargers, headphones, and home security systems, are designed to meet the needs of the everyday consumer. Baseus CEO Shiyou He emphasized the company’s commitment to delivering practical, user-friendly tech solutions.

At the event, COO Jacky Fang outlined Baseus’s core values of “Practical, Reliable, Based on User,” He attributed the brand’s rapid growth to its strong product portfolio and brand recognition, highlighting significant progress in North America, including new partnerships and retail expansions. Vadim from Max Tech YouTube Channel shared how Baseus’s user-driven philosophy guided the development of several new products in the second half of the year. These launches further solidify Baseus’s mission to enhance users’ digital lives through innovative, practical solutions.

New Product Highlights Include:

Baseus PicoGo Series: Pocket Power, On the Go

Baseus PicoGo Fast Charger 45W – $29.99

The Baseus PicoGo 45W Fast Charger supports full-speed PD 3.0 charging for the iPhone 16, improving efficiency. It is 54.2% smaller, uses TÜV Rheinland-certified graphene technology for safer, cooler performance, and features a USB-C port for wide compatibility, ideal for travel.

Baseus PicoGo Power Bank 10000mAh 45W – $39.99

The Baseus PicoGo 45W Power Bank delivers 10,000mAh capacity and 45W fast charging, perfect for the latest iPhones. Its ultra-thin, 2-in-1 design supports wired and wireless charging, offering universal compatibility and a smart digital display for efficient power on the go.

Baseus PicoGo Magnetic Power Bank with Rotatable Stand 5000mAh 20W – $39.99

Get the best of both worlds with a Magnetic Power Bank that has both wireless and wired charging capabilities. This device boasts an impressive 5000mAh capacity and is Qi2-certified to provide ultra-fast 20W charging power.

Baseus Nomos Series: Power Combined, Simplicity Redefined

Nomos Qi2 5-in-1 140W Desktop Charger – $129.99

A 5-in-1 design featuring a smart digital display and intelligent power allocation. It’s the first desktop charger with Qi2 wireless charging and a retractable 100W USB-C cable, letting you charge up to 5 devices simultaneously while keeping your space clutter-free.

Baseus Nomos Qi2 8-in-1 Charging Station – $89.99

The Baseus Nomos Qi2 8-in-1 Slim Charging Station 67W (US) is the world’s thinnest at just 0.67 inches. It supports 67W fast wired and 15W Qi2 wireless charging for up to 8 devices, perfect for multi-device workspaces, travel, and saving space.

Baseus Nomos Qi2 3-in-1 Magnetic Power Bank – $69.99

The Baseus Nomos Qi2 3-in-1 Power Bank offers wired and wireless charging for up to three devices at once. With 10,000mAh capacity, it supports 45W fast wired and 15W Qi2 wireless charging. Compact and slim with a digital display, it’s perfect for travel and daily use.

Baseus Security Camera Series: This state-of-the-art solar-powered outdoor camera features sun-powered tracking and top-of-the-line alerts, dual camera modes, color night vision, and more.

Baseus Security S1 Pro Outdoor Dual Camera 3K 2-Cam Kit$449.99

The S1 Pro, winner of the Technology Innovation Awards 2024 by Future Publishing, keeps your camera charged for uninterrupted home surveillance, even without sunlight. Its 13,500mAh battery powers up to 270 days of use. The camera rotates up to 80°, harnessing solar energy for near-continuous power.

For security, the system features AES+RSA encryption (TÜV Rheinland Certified).

The Baseus H1 HomeStation includes 16GB of eMMC storage for up to three months of footage, with optional 16TB expansion via an external hard drive (sold separately).

These products are available for purchase in the US on Amazon, at Baseus.com, and at Target (select products). For more information and to review all the latest Baseus products, please visit: www.baseus.com

About Baseus

Founded in 2011, Baseus was born out of utmost care for users. The company embodies its slogan: Practical. Reliable. Based on User. With 300 million users and over 6 billion services, Baseus delivers 100 million products annually, combining quality and innovation to enhance user satisfaction.

Media Contact:

Baseus PR Team
Phone: +1 (213) 512-7063
Email: pr@baseus.com

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Creative by Nature: HUAWEI Launches GoPaint Worldwide Creating Activity 2024

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BARCELONA, Spain, Sept. 20, 2024 /PRNewswire/ — On September 19, HUAWEI officially launched the GoPaint Worldwide Creating Activity 2024 themed “Creative by Nature”. From the kickoff day to December 31, 2024, painting enthusiasts around the world can share their unique digital art works on HUAWEI Community platform.

With their HUAWEI MatePad tablets, designed to spark creativity, global consumers can bring the “Creation of Beauty” concept to life. The HUAWEI GoPaint Worldwide Creating Activity invites aspiring artists to unleash their inner creativity and continue to be inspired.

The new HUAWEI MatePad Pro 12.2-inch and HUAWEI MatePad 12 X come with powerful hardware and enhanced writing & painting experience when working with the most updated GoPaint App. The app’s professional brush engine, diverse canvas options, and FangTian Painting Engine 2.0 provide a seamless, authentic, and user-friendly creative experience.

The Activity is divided into five groups, with themes of Sci-Fi Art, Design & Fashion, Narrative Art, Cutting-edge Painting, and Digital Watercolor & Ink. Find out more in the the Official Website and get ready to paint on your HUAWEI MatePad[1]!

In the HUAWEI GoPaint Worldwide Creating Activity, you could win the chance to showcase your artwork worldwide and in app placements. You’ll also have the opportunity to share your creative journey in video interviews. For more details, please visit the official website: 
https://consumer.huawei.com/en/campaign/gopaint/

[1] MatePad tablets that support the GoPaint App are required, such as HUAWEI MatePad Pro 13.2, HUAWEI MatePad 11.5S, HUAWEI MatePad Pro 12.2, and HUAWEI MatePad 12 X.

Photo – https://mma.prnewswire.com/media/2510583/Creative_Nature_HUAWEI_Launches_GoPaint_Worldwide_Creating_Activity_2024.jpg
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Info-Tech LIVE 2024 Day 3 Highlights: Key Insights on IT Leadership, Ethical AI, and the Future of IT

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Day 3 of Info-Tech LIVE 2024 delivered actionable insights on IT leadership, AI, and future IT trends, featuring thought leaders and experts from across the technology landscape.

TORONTO, Sept. 20, 2024 /PRNewswire/ – The third and final day of Info-Tech LIVE 2024 concluded with impactful sessions designed to equip IT leaders with strategies to navigate the exponentially changing technology landscape. Day 3 delivered valuable insights on critical topics such as ethical AI, leadership, and the evolving role of the CIO.

Key Highlights From Day 3 Featured Keynotes:

1. Adaptive IT Leadership: Leading at the Pace of Exponential Change
Speaker: Carlene McCubbin, AVP of Research Development at Info-Tech Research Group

Carlene McCubbin explored the critical importance of building strong IT leadership teams capable of navigating the rapidly evolving technology landscape. She emphasized the shift from a purely technical focus to a more balanced approach that includes people leadership and business acumen. McCubbin highlighted the findings from the 2024 Info-Tech and McLean & Company surveys, which revealed a growing gap in leadership skills within IT and underscored the urgent need for leadership development and prioritization.

Key Takeaways:

There is a significant disconnect between CxO expectations and IT department capabilities. While 50% of CxOs view IT as a driver of transformation, only 5% of IT departments are currently meeting this expectation.The top challenges for IT leaders include staffing shortages, skills gaps, and difficulties in meeting business demands, which can hinder IT’s ability to deliver value and adapt to changing business needs.Despite advancements in technology, 35% of IT employees’ time is still spent on administrative tasks, a figure that has remained unchanged over the past five years. The finding indicates a persistent inefficiency that could be addressed through better use of AI and automation.Many IT employees believe that efficiency can be improved, with 37% identifying opportunities to eliminate low-value activities and 47% seeing potential for greater operational efficiency through innovative approaches.

2. AI Hype vs. Reality
Speaker: Dr. Timnit Gebru, Founder and Executive Director at the Distributed AI Research Institute

Dr. Timnit Gebru’s keynote dissected the current AI landscape and how to navigate the fine line between hype and the tangible benefits of AI technologies. She explained how AI can be misused, highlighting issues such as unauthorized data usage, copyright infringement, and machine bias. Dr. Gebru emphasized the need for critical thinking and skepticism when evaluating AI systems and stressed the importance of establishing ethical guidelines and accountability to ensure responsible AI development and deployment.

Key Takeaways:

There is a significant disconnect between the hype surrounding AI and its real-world applications, with many organizations overestimating the capabilities of current AI technologies.A critical, evidence-based approach is essential for evaluating the true capabilities and risks of AI systems, particularly in avoiding the misuse of data and ensuring compliance with copyright and ethical standards.AI systems must be developed and integrated with strict ethical guidelines and accountability frameworks to prevent biases, protect user data, and ensure responsible AI usage.

3. The New CIO: Leading IT Into the Future
Speaker: Heather Leier-Murray, Research Director at Info-Tech Research Group

Heather Leier-Murray discussed the evolving role of the CIO and the skills necessary to lead IT into the future. The session focused on the strategic shift required for CIOs to move from traditional IT management to becoming key business partners. Leier-Murray emphasized the need for modern CIOs to balance technological innovation with leadership and influence, positioning IT as a central driver of organizational success in an increasingly technology-driven world.

Key Takeaways:

The role of the CIO has transformed significantly over the past 40 years, evolving from optimizing back-office operations to becoming a leader in driving organizational value through advanced technologies. Despite these shifts, 81% of respondents to Info-Tech’s CxO-CIO Alignment Diagnostic feel their IT maturity level is only at a supporting or struggling stage, indicating a need for further evolution.While 35% of CxOs believe their IT department must achieve the highest level of maturity to transform the organization, only 2% feel confident that their IT department is capable of driving this transformation.Over 50% of a CIO’s weekly time is consumed by day-to-day management and operational tasks, leaving less than 20% for strategic initiatives and technology advancements. This misalignment must be addressed so that IT leaders can effectively guide organizations through rapid technological changes.

Looking Beyond Info-Tech LIVE 2024

Over the three days of Info-Tech LIVE 2024, attendees explored the critical intersections of technology, leadership, and innovation, gaining insights into how to navigate the future of IT. From the transformative discussions on Exponential IT and AI to in-depth sessions on modernizing IT frameworks and developing effective leadership strategies, the conference provided a comprehensive roadmap for IT leaders aiming to drive their organizations forward in an era of exponential change.

Info-Tech Research Group looks forward to announcing details for the next LIVE event, including plans to expand the conference to Australia in March 2025.

For media inquiries, including requests for interviews with featured speakers and experts from LIVE 2024, or for access to session recordings and additional content, please contact pr@infotech.com. For conference-related press releases and images, please visit the online Info-Tech LIVE 2024 Media Kit.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights. 

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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SOURCE Info-Tech Research Group

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