#Adaptive Front Lighting System Market Report
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The Role of Intelligent Automation in Enhancing Business Efficiency at M3M Jewel
Smart work by M3M on MG Road of Gurgaon
The way we work is changing rapidly - and office locations are developing with it. The global smart office market has increased from $ 43.2 billion to $ 122.5 billion in 2023. It is being powered by large leap technology: AI, sensor and IOT devices seem to help build buildings more efficiently.
In real terms, this means that the offices are now designed to save energy, increase comfort and improve productivity. Reports suggest that automated systems such as lighting, HVAC and security can reduce the use of energy by up to 30%, making the workplace more comfortable and attractive.
And these innovations are already taking root here in Gurgaon - especially on M3M Jewel on MG Road.
M3M Jewel: Tech-Saksham Office Hub of Gurgaon
Located on MG Road in Sector 25, M3M Jewel is a modern commercial complex that mixes premium retail with smart offices. It is designed with the future-keeping in mind the technical-capable workpieces in a prominent place with great connectivity for the Delhi-NCR region.
This project is not only about a good look (although the smooth glass leads to the front); This is designed to support intelligent automation, allowing businesses to run clever and more efficiently.

What is intelligent automation in office buildings?
In simple terms, intelligent automation means that the building can automatically think and react. Using AI, sensors and connected devices, the building manages things like light, air conditioning and even safety - without the need to flip the switch without anyone.
It works like this:
When the rooms are empty, the motion sensor closes the light.
Smart thermostats adjust the temperature depending on occupancy and weather.
IOT systems add everything - light, HVAC, security - so they talk to each other and work in sinks.
As a result, the offices run more smoothly and efficiently, savings:
Up to 30% at the cost of light (using automatic LED systems)
10-12% on heating and cooling (thanks to smart climate control)
It all creates a field that is responsible and cost effective-and is very pleasant for employees.
Why substances for smart office businesses like M3M Jewel
Companies today want more than only one desk and Wi-Fi-they want to have workplaces that adapt, help reduce costs, and promote the employees' good. This is the place where M3M is Jewel Kadam.
With its smart office design, central location and uninterrupted integration of retail and workspaces, it is a great example of what modern business hubs should look.
For any business or investor looking at Gurgaon's growing commercial real estate market, M3M Jewel office spaces is a forward -looking opportunity that checks all the right boxes: technology, convenience, stability and style.
Why M3M Jewel's Smart Offices Are a Strategic Investment
Through the integration of these smart technologies, M3M Jewel office spaces operates as a learning system that responds to business requirements. Businesses gain from:
Lowered energy usage
Lower maintenance expenses
Improved employee productivity
Real-time monitoring and management of building operations
Smart automation also helps in generating a contemporary and forward-thinking brand image, making it the best option for organizations aiming to future-proof their operations.
Conclusion: A Smart Investment in Every Sense
M3M Jewel Sector 25 Gurgaon cutting-edge automation and integrated infrastructure position it as a first-class choice for enterprises looking for smart business spaces in Sector 25 Gurgaon. By optimizing energy efficiency, user comfort, and maintenance, it provides a competitive edge to the tenants.
Should you be looking to invest in or lease high-end commercial office space in Gurgaon, M3M Jewel presents the perfect combination of technology, location, and design.
#commercial property#m3mgurgaon#m3m jewel#gurgaonproperties#m3mproperties#m3m india#realestate#delhincr#metrocity
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Understanding Automotive Adaptive Lighting: Technology and Benefits
The Global Automotive Adaptive Lighting Market is projected to reach USD 3.91 billion in 2027. The continual development in automotive lighting applications, rising usage of the luxury passenger vehilces, increasing demand of automation in automobiles, demand of concept cars from high-income consumers and extensive growth in electric cars are boosting the demand of Automotive Adaptive Lighting Market. Technological innovations associated with automotive lighting industry are anticipated to stimulate market demand.
For instance, a technology known as ‘laser matrix’ is improving the safety of high-beam driving. The technology combines laser lights, digital light processing and micro mirrors into a lighting architecture that has both light and dark zones. The system automatically masks-out areas in front of the vehicle, such as on-coming cars, to avoid blinding drivers and pedestrians; and intensifies light into traffic signs or dangerous situations.
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Competitive Terrain:
The global Automotive Adaptive Lighting industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Magneti Marelli S.p.A, Varroc Engineering Limited, HELLA Group, SL Corporation, Stanley Electric Co., Ltd, Koito Manufacturing Co., Ltd., Valeo, Zizala Lichtsysteme GmbH, and OSRAM Light AG
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Automotive Adaptive Lighting market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Automotive Adaptive Lighting market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Automotive Adaptive Lighting market.
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now)@ https://www.emergenresearch.com/request-discount/95
Market Segmentations of the Automotive Adaptive Lighting Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Automotive Adaptive Lighting market on the basis of product, application, and region:
Segments Covered in this report are:
Product Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Halogen Headlight
Xenon Headlight
LED Headlight
Others
Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Exterior Lighting
Headlights
Fog Lights
Day Time Running Lights (DRL)
Taillights
Sidelights
Centre High-Mount Stop Light (CHMSL)
Interior Lighting
Dashboard
Glovebox
Reading Lights
Dome Lights
Vehicle Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)
Passenger Vehicles
Light Commercial vehicles
Trucks and Buses
Two-wheelers
Others
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/automotive-adaptive-lighting-market
Major Geographies Analyzed in the Report:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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Automotive Lighting Market Future Outlook: Analyzing Size, Share, Growth Patterns
The global automotive lighting market size is estimated to reach USD 48.73 billion in 2030, growing at a CAGR of 5.95% from 2024 to 2030, according to a new report by Grand View Research, Inc. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.
Automotive Lighting Market Report Highlights
LED segment accounted for the largest market revenue share of 46.4% in 2023.
Front lighting/headlamps accounted for the largest market revenue share in 2023. The evolution of vehicle design and styling has elevated the importance of headlamp aesthetics.
Original Equipment Manufacturers (OEMs) accounted for the largest market revenue share in 2023. The increasing production and sales of vehicles globally directly contribute to OEMs' demand for automotive lighting systems.
The passenger vehicle segment accounted for the largest market revenue share in 2023. The increasing consumer preference for aesthetically appealing and technologically advanced vehicles is boosting the demand for innovative lighting solutions in passenger vehicles.
North America automotive lighting market dominated the market in 2023.
For More Details or Sample Copy please visit link @: Automotive Lighting Market Report
Increasing apprehensions about using energy-efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry is expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques.
THE Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry.
List of major companies in the Automotive Lighting Market
Sony Corporation
Samsung Electronics
Bosch Sensortec
Texas Instruments Incorporated.
STMicroelectronics
Omnivision Technologies
Analog Devices
Panasonic Corporation
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We have segmented the global automotive lighting market on the basis of application, technology, sales channel, vehicle and region.
#AutoLighting#VehicleLights#AutomotiveInnovation#CarAccessories#Headlights#TailLights#LEDLighting#AutomotiveDesign#SafetyLights#LightingTechnology#AutomotiveIndustry#LightingSolutions#SmartLighting#VehicleSafety#AutoTech
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The ADAS Market is expected to reach $122.86 billion by 2031, at a CAGR of 14.6% from 2024 to 2031.
Introduction to ADAS
Meticulous Research® has published an insightful report titled “ADAS Market by Type (Blind Spot Detection Systems, Automatic Emergency Braking Systems), Automation (Level 1, 2, and 3), Component (Vision Camera Systems, Sensors), Vehicle, End Use (Passenger, Commercial), and Geography - Global Forecast to 2031.” This report reveals that the Advanced Driver Assistance Systems (ADAS) market is projected to reach a remarkable $122.86 billion by 2031, growing at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
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Market Drivers
The growth of the ADAS market is significantly influenced by several key factors. Stringent vehicle safety regulations have been established globally to enhance road safety, driving the demand for advanced safety features in vehicles. Additionally, the rising popularity of luxury cars has led to an increased integration of comfort and safety technologies, further propelling the market. Consumers are increasingly prioritizing features like automatic emergency braking and blind spot detection, which are integral components of ADAS.
However, the lack of supporting infrastructure in developing countries poses a challenge to market growth. Many regions still lack the necessary technology and investment to support the widespread adoption of these systems.
Emerging Opportunities
The ADAS market is also poised to benefit from the emergence of autonomous vehicles and the growing trend of shared mobility. As self-driving technologies advance, they will create new demand for sophisticated ADAS components. Additionally, the rising adoption of electric vehicles (EVs) is expected to generate further growth opportunities, as these vehicles often come equipped with advanced safety and driver assistance features.
Despite these opportunities, the market faces challenges, particularly concerning environmental and data security risks associated with increased connectivity and automation. High implementation costs of ADAS technologies are also a significant barrier for many manufacturers.
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Market Segmentation
The global ADAS market is segmented based on several criteria:
System Type: This includes adaptive cruise control systems, blind spot detection systems, automatic parking systems, pedestrian detection systems, traffic jam assistance systems, lane departure warning systems, tire pressure monitoring systems, automatic emergency braking systems, adaptive front-lighting systems, traffic sign recognition systems, forward collision warning systems, driver monitoring systems, and night vision systems. Notably, the adaptive cruise control systems segment is expected to hold the largest share of the market in 2024, driven by the need for a comfortable driving experience and supportive government regulations.
Level of Automation: The market is categorized into Level 1, Level 2, and Level 3 automation. Level 1 is expected to dominate the market initially, attributed to rising investments in vehicle electrification and increasing demand for driver assistance technologies. However, Level 3 automation is forecasted to grow the fastest, driven by the rising demand for self-driving capabilities.
Component: The ADAS market includes components such as vision camera systems, sensors, Electronic Control Units (ECUs), software, and actuators. In 2024, sensors are expected to capture the largest market share, with the segment also projected to exhibit the highest growth rate due to increasing environmental concerns and demand for hybrid powertrains.
Vehicle Type: This segmentation includes internal combustion engine (ICE), hybrid, and electric vehicles. While ICE vehicles are anticipated to dominate initially, electric vehicles are expected to register the highest CAGR, fueled by government policies, investments from automotive manufacturers, and advancements in battery technology.
End Use: The ADAS market is divided into passenger vehicles and commercial vehicles. The passenger vehicle segment is projected to hold a larger share due to growing awareness of greenhouse gas emissions and the demand for premium features. However, the commercial vehicle segment is expected to grow rapidly, driven by rising fuel costs and stricter emission norms.
Geography: The ADAS market is further analyzed by regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to account for the largest share in 2024, thanks to the robust automotive manufacturing sector in countries like China, Japan, and India, coupled with supportive government initiatives. Meanwhile, Europe is projected to exhibit the highest CAGR, bolstered by the presence of numerous component manufacturers and high demand for automated vehicle technologies.
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Key Players in the Market
The report identifies several key players in the global ADAS market, including Continental AG (Germany), Valeo SA (France), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Aptiv PLC (Ireland), Autoliv, Inc. (Sweden), Denso Corporation (Japan), and Mobileye B.V. (Israel). These companies are actively investing in research and development to enhance their technologies and maintain competitive advantages in the rapidly evolving market landscape.
Conclusion
In conclusion, the ADAS market is set for significant growth over the coming years, driven by safety regulations, consumer demand for advanced features, and technological advancements in automation and electric vehicles. While challenges such as infrastructure limitations and high implementation costs exist, the opportunities presented by autonomous vehicles and the rising adoption of EVs will continue to shape the future of this dynamic market.
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Global Top 8 Companies Accounted for 60% of total Outdoor market (QYResearch, 2021)
Outdoor TV is built to withstand the ever changing temperatures and lighting conditions of the great outdoors. The easy day/night dimming adjustment adapts to any lighting condition, from the brightest mid-day sun by the pool to the darkest night under the cabana. The TV panel offers a scratch resistant, anti-glare surface to provide a bright, crisp picture while reducing the negative effects of unwanted reflections and light sources. The television plays perfectly in a wide operating range from freezing cold 23F to a hot 122F degrees.
According to the new market research report “Global Outdoor TV Market Report 2023-2029”, published by QYResearch, the global Outdoor TV market size is projected to reach USD 0.63 billion by 2029, at a CAGR of 9.5% during the forecast period.
Figure. Global Outdoor TV Market Size (US$ Million), 2018-2029
Figure. Global Outdoor TV Top 8 Players Ranking and Market Share(Based on data of 2021, Continually updated)
The global key manufacturers of Outdoor TV include SunBriteTVPeerless-AVSkyVueMirageVisionSeura, etc. In 2021, the global top four players had a share approximately 60.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Adaptive Optics Market Segmentation, Analysis, Future Plans and Forecast 2030
Adaptive Optics Market Overview
Maximize Market Research, a leading business consultancy firm, has released an exhaustive analysis report on the Adaptive Optics Market. The report encompasses crucial business insights, demand analysis, pricing trends, and competitive landscape assessment. Offering an in-depth perspective, the report sheds light on the current state of the Adaptive Optics Market and provides forecasts extending into the future.
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Market Growth Perspective:
The Adaptive Optics Market size was valued at USD 1990.2 Mn in 2023 and market revenue is growing at a CAGR of 35.2 %from 2023 to 2030, reaching nearly USD 16433.63 Mn by 2030.
Adaptive Optics Market Scope and Methodology:
The Adaptive Optics Market report offers comprehensive information on key aspects driving industry growth and potential challenges. Stakeholders gain insights into the competitive landscape, product offerings of prominent companies, and investment opportunities within the Adaptive Optics industry. The research encompasses both qualitative and quantitative analysis, drawing from primary and secondary data sources, including government websites, publications, annual reports, and expert evaluations.
Market Segmentation
The report delves into segment-wise analysis, providing a detailed breakdown of the Adaptive Optics Market landscape.
by Component
Wave front Modulator Wave front Sensor Control System Others
In 2023, the Control system sector of the Adaptive Optics Market held a dominant position in the Component segment. Because of its crucial role in maximising the performance of AO systems, the Control System segment dominates the Adaptive Optics market. In order to interpret wavefront sensor data and operate wavefront modulators to instantly correct optical aberrations, control systems are essential.
Their efficiency has a direct impact on the sensitivity, resolution, and quality of images in a variety of applications, including medical imaging and astronomy. Progress in control algorithms, hardware, and software integration—the foundation of AO functionality—is necessary to achieve accurate adjustments and adjust to shifting environmental conditions. Growth in the market is fueled by ongoing innovation in control system technologies, which allow AO systems to adapt to changing needs and find new uses. This market segment is expected to play a major part in determining the direction of the adaptive optics market due to its important role, wide range of applications, and continuous research and development activities in control systems.
by End-User Industry
Consumer Astronomy Biomedical Military & Defense Industrial & Manufacturing Communication and Others
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐨𝐫 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 : https://www.maximizemarketresearch.com/request-sample/11444
Market Key Players
Key players in the Adaptive Optics Market are identified and profiled, offering insights into their strategies and market presence.
North America 1. Thorlabs, Inc. - Newton, New Jersey, USA 2. Northrop Grumman Corporation - Falls Church, Virginia, USA 3. Boston Micromachines Corporation - Cambridge, Massachusetts, USA 4. Iris AO, Inc. - Berkeley, California, USA 5. Imagine Optic SA - Orsay, France (not in the USA) 6. Baker Adaptive Optics - Boulder, Colorado, USA 7. Synopsys, Inc. - Mountain View, California, USA 8. Celestron LLC - Torrance, California, USA 9. Benchmark Electronics, Inc. - Tempe, Arizona, USA 10. 4D Technology Corporation - Tucson, Arizona, USA 11. Zygo Corporation (a part of Ametek) - Middlefield, Connecticut, USA Europe 1. ALPAO SAS - Montbonnot-Saint-Martin, France 2. Sacher Lasertechnik GmbH - Marburg, Germany 3. Phasics Corporation - Saint-Aubin, France 4. Schott AG - Mainz, Germany Asia Pacific 1. Hamamatsu Photonics K.K. -Japan 2. Canon Inc. - Tokyo, Japan
Adaptive Optics Market Regional Insights
This study does a complete analysis of all pertinent parameters, including market size, growth rate, and import and export by region. The research's geographical study makes it possible to comprehend the Adaptive Optics market situations in several different nations. The Adaptive Optics market is made up of the markets in Europe, Asia Pacific, Latin America, Africa, and the Middle East.
Table of content for the Adaptive Optics Market includes:
Part 01: Executive Summary
Part 02: Scope of the Adaptive Optics Market Report
Part 03: Adaptive Optics Market Landscape
Part 04: Adaptive Optics Market Sizing
Part 05: Adaptive Optics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Adaptive Optics Market are:
What is Adaptive Optics?
What was the Adaptive Optics market size in 2023?
What is the growth rate of the Adaptive Optics Market?
Which are the factors expected to drive the Adaptive Optics market growth?
What is the CAGR at which the Adaptive Optics market will grow during the forecast period?
What are the different segments of the Adaptive Optics Market?
Which is the fastest growing region in the Adaptive Optics market?
What growth strategies are the players considering to increase their presence in Adaptive Optics?
What are the upcoming opportunities and trends for the Adaptive Optics Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Adaptive Optics Market?
Who are the leading companies and what are their portfolios in Adaptive Optics Market?
What segments are covered in the Adaptive Optics Market?
Who are the key players in the Adaptive Optics market?
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
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#Adaptive Optics Market#Adaptive Optics Industry#Adaptive Optics Market size#Adaptive Optics Market Share#Adaptive Optics Market Growth#What is Adaptive Optics Market?
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Automotive Camera Market Size, Share, Trends & Forecast Report, 2030
The automotive camera market worldwide size was valued at USD 8.0 billion in 2023 and is expected to reach USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The cameras are used as advanced safety devices for enhancing the visibility of the surrounding environment to improve vehicle safety. The growing demand for Advanced Driver Assist Systems (ADAS) in developed and developing nations is attributed to using automotive cameras in various applications such as park assist, cross-traffic alert, pedestrian detection systems, etc. According to MarketsandMarkets analysis, >85% of these cameras are equipped in passenger cars, and the segment is expected to dominate the global market during the review period.
Automotive Camera Market Growth Dynamics
DRIVER: Growing popularity for the safety and convenient driving experience
The demand for safer and more convenient driving experiences is on the high rise; hence the automotive industry is witnessing a rapid evolution of safety features, which is anticipated to increase further in the coming years.
Nominal features such as seatbelts, cruise control, and antilock brakes were standard earlier. Following these features such as blind spot detection, forward collision warning, lane departure warning, and electronic stability control emerged. Over the last decade, advanced features such as ADAS, lane-keeping assist, self-park, rear-view video systems, automatic emergency braking, and adaptive cruise control emerged. Many of these features are optionally available, whereas some have been mandated by the regulating bodies worldwide. OEMs quickly adapted to this change and incorporated all the elements in their vehicles. Toyota (Japan) and Honda (Japan) have launched vehicles with features – blind spot detection, rear cross traffic, lane keep assist, forward collision warning, and automatic emergency braking as standard features. These features need multiple cameras for functions such as front, rear, and surround views. The cameras are also used in semi-autonomous and autonomous vehicles for more advanced functions such as pedestrian and road sign detection. Cadillac (US), Tesla (US), Nissan (Japan), and Audi (Germany) are currently developing L3 driving systems for their upcoming models. The increasing demand for sophisticated cruise control and driving comfort features has also fueled the safety systems market.
The cameras have been built in compliance with the NCAP regulations and offer benefits over other sensor technologies like radar, LiDAR, or ultrasonic. An intelligent camera can identify markings on the road, traffic signs, traffic lights, etc., and recognize objects and provide data that facilitates their identification as vehicles or pedestrians. It can also detect their motion path and calculate their distances. This makes the smart camera a better and safer option, offering good visibility and features like automated emergency braking that provides the information necessary for automatic car steering.
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OPPORTUNITY: Rise in demand for electric vehicles
In the North American region, the sales of electric vehicles have increased steadily despite the slowdown in the automotive sector. Among the automotive manufacturers, Tesla dominates the North American Electric Vehicle market, followed by BMW, Nissan, Volkswagen, and Hyundai have also launched Electric vehicles in this market.
China is the largest market for electric vehicles, and European countries are one of the major export destinations. Major automakers rely on battery manufacturers based in China. Countries across North America, Europe, and many Asian countries have adopted measures to reduce emissions during the coming decades and replace their vehicle fleet for lower emissions by varying numbers by 2050. This is expected to lead to significantly high demand for electric vehicles. Newly launched electric vehicles offer basic ADAS functions to ensure passenger safety. For instance, Tesla offers its autopilot as a standard feature in all its models, which comes with eight surround-view cameras that provide 360 degrees of visibility around the car. It is estimated that entirely autonomous vehicles would be fully electric and give the requisite impetus to electric vehicles, ADAS functions, and camera-based systems.
The passenger car dominates the automotive camera market demand
The increased demand for safety systems in emerging markets can be attributed to improving road safety standards, supporting legislation, and consumer awareness. Additionally, several countries in Europe, North America, and Asia Pacific have introduced regulations that mandate incorporating various types of ADAS in the passenger car segment. The standard of living is also improving in several countries, which results in increased demand for luxury vehicles. ADAS and park assist are installed widely in luxury vehicles as a standard package than in mid and lower-segment cars, which are offered as optional or unavailable in specific variants. Hence, provide opportunities for the growth of the automotive camera market in passenger car
The passenger car segment is the largest vehicle segment in the global market, with rising adoption of active safety systems leveraging camera-based ADAS applications in mid prices range cars. Governments in developed and developing nations plan to mandate the ADAS system in passenger cars owing to improving road safety standards, supporting legislation, and consumer awareness. For instance, the EU has extended the scope of mandating the ADAS system as AEB, Intelligent speed assistance (ISA), Reversing Detection System (REV), and LDW systems in vehicles. It is also the largest market for ADAS owing to the growing demand for safer and more comfortable vehicles. Further, rising country-level GDP, growing disposable income, and improving living standards in major developing countries such as China, India, Thailand, and Brazil. This resulted in a growing demand for luxury vehicles, which usually have standard features of ADAs applications and parking assist applications starting from lower trim onwards. Increasing adoption of ADAS features in the mid and economy segment passenger cars is likely to boost the growth of this segment. All these factors provide immense opportunities for the market in passenger cars.
Battery Electric Vehicle (BEV) is the largest segment for automotive cameras.
Battery Electric Vehicles hold the largest market for automotive cameras during the forecast period. The rising inclination towards pure electric vehicles is evident from the rise in EV sales globally. OEMs have planned to launch their existing ICE models with electric propulsion. These models will be offered with these advanced & premium features to make them a better buying option for the end users than conventional vehicles. Leading automakers such as Nissan, Tesla, BMW, Mercedes-Benz, and Audi increasingly focus on green vehicles. These vehicles have driving comfort features, such as adaptive cruise control, auto park, lane departure warning systems, 360-degree parking cameras, and sensors to eliminate possible blind spots. Asian countries like China, India, Japan, and South Korea are increasingly offering some camera-based safety features in BEVs to attract more consumers. This would further boost the BEV automotive camera market over the forecast period.
Key Market Players
The automotive camera market is consolidated. Continental AG (Germany), Robert Bosch (Germany), Valeo (France), Aptiv (Ireland), and Denso (Japan) are the key companies that are dominating the market. The market comprises several global market players that make it highly competitive. These players have adopted various strategies to expand their presence globally and increase their respective market share.
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Exploring the Automotive Front End Modules Market: A Comprehensive Analysis
In the realm of automotive design and engineering, front end modules (FEMs) represent a pivotal component, serving as the interface between a vehicle's structure and its various subsystems. As we delve into the intricate dynamics of the Automotive Front End Modules Market, we uncover a fascinating landscape shaped by innovation, technological advancements, and shifting market dynamics.
Understanding the Role of Automotive Front End Modules
At its core, an automotive front end module serves as the structural backbone of a vehicle's front end, housing critical components such as the radiator, cooling fan, headlights, and bumper assembly. Beyond mere structural integration, FEMs play a crucial role in enhancing vehicle aerodynamics, pedestrian safety, and overall aesthetic appeal, making them indispensable elements of modern automotive design.
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Key Drivers Propelling Market Growth
The growth of the automotive front end modules market is propelled by a myriad of factors, including the increasing demand for lightweight, modular vehicle architectures, stringent safety regulations, and the rising adoption of advanced driver assistance systems (ADAS). Additionally, the proliferation of electric and hybrid vehicles and the evolving preferences of consumers towards customizable, feature-rich vehicles contribute to the escalating demand for innovative front end module solutions.
The Evolution of Front End Module Design and Technology
The evolution of automotive front end modules has been marked by a relentless pursuit of innovation and technological advancement. Traditional front end designs have given way to modular, integrated solutions that optimize space utilization, streamline assembly processes, and enhance vehicle performance and safety. Advanced materials such as lightweight composites and high-strength alloys are increasingly employed to achieve significant weight savings without compromising structural integrity or safety standards.
Embracing Connectivity and Integration
In an era defined by connectivity and digitalization, front end modules are evolving beyond mere structural components to serve as hubs for integrated electronic systems and sensors. From advanced lighting solutions and adaptive cruise control sensors to pedestrian detection systems and forward-facing cameras, modern front end modules encapsulate a diverse array of functionalities aimed at enhancing vehicle safety, efficiency, and convenience.
Market Dynamics and Competitive Landscape
The automotive front end modules market is characterized by intense competition, with leading manufacturers vying for market share through product innovation, strategic partnerships, and geographic expansion. Key players in the market include automotive OEMs, tier-1 suppliers, and specialized front end module manufacturers, each leveraging their unique strengths to gain a competitive edge in the global marketplace.
Addressing Challenges and Seizing Opportunities
Despite the robust growth prospects, the automotive front end modules market faces several challenges, including cost pressures, supply chain disruptions, and evolving regulatory requirements. However, amidst these challenges lie abundant opportunities for innovation and differentiation. By embracing emerging technologies such as electrification, automation, and connectivity, industry stakeholders can unlock new avenues for value creation and market differentiation, thereby driving the evolution of front end module solutions towards greater efficiency, performance, and sustainability.
Conclusion: Paving the Way Forward
As we navigate the dynamic landscape of the automotive front end modules market, one thing remains abundantly clear: the pivotal role of front end modules in shaping the future of automotive design, performance, and safety. By embracing a culture of innovation, collaboration, and continuous improvement, industry stakeholders can unlock new frontiers of possibility, thereby paving the way towards a future defined by safer, smarter, and more sustainable vehicles.
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UAE ADAS Market Analysis, Outlook, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE automotive advanced driver assistance systems (ADAS)market size at USD 372.52 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the UAE ADAS market size to grow at a significant CAGR of 20.89% reaching a value of USD 1,162.89 million by 2029. Major growth drivers for the UAE ADAS market include an increasing awareness of road safety and growing preference for technologically advanced vehicles. ADAS offers various features that improve the driving experience, focusing on comfort and convenience. Also, the UAE government's regulations promote ADAS features in vehicles, driving market growth. Smart city initiatives enhance ADAS integration for improved traffic management and safety. Continuous innovation in ADAS includes features like autonomous emergency braking and driver monitoring. Integrating ADAS with connectivity and artificial intelligence leads to smarter vehicles. A prime example is the Toyota Crown, a luxurious, spacious, and reliable sedan highly regarded for its premium driving experience. UAE's commitment to advanced vehicle technologies positions it as a growing market for ADAS solutions. However, high cost of ADAS systems and lack of skilled labor to install and maintain ADAS systems are anticipated to restrain the overall market growth during the period in analysis.
UAE ADAS Market – Overview
The UAE Advanced Driver Assistance Systems (ADAS) Market refers to the industry and ecosystem in the United Arab Emirates that encompasses technologies, products, and services aimed at enhancing vehicle safety, improving driving experiences, and reducing accidents through various advanced driver assistance features. These features may include but are not limited to lane departure warning, adaptive cruise control, blind spot monitoring, autonomous emergency braking, pedestrian detection, and other technologies that assist drivers in making informed decisions and mitigating potential risks while driving. The UAE ADAS market is driven by government regulations, smart city initiatives, technological innovations, and a growing demand for intelligent and safer vehicles.
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Impact of COVID-19 on UAE ADAS Market
COVID-19 pandemic adversely affected the UAE ADAS market. The market, which was initially poised for growth, faced disruptions and challenges during the pandemic. Lockdowns, travel restrictions, and economic uncertainty led to a decline in vehicle sales and production, affecting the adoption of ADAS technologies. Many consumers postponed or canceled vehicle purchases, slowing down the integration of ADAS systems. Also, supply chain disruptions and manufacturing challenges disrupted the availability of ADAS components, hindering market growth. However, as the UAE has recovered and economic activities have resumed, the ADAS market has rebounded, driven by an emphasis on road safety and government support for advanced automotive technologies.
UAE ADAS Market – By System
By system, the UAE ADAS Market is divided into Tire Pressure Monitoring System (TPMS), Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Adaptive Cruise Control System, Blind Spot Object Detection System, Lane Departure Warning System, and Adaptive Front-lighting System segments. The intelligent parking assist system segment holds the highest share in the UAE ADAS Market by system. ADAS includes a crucial feature: parking assistance, which aids drivers in parking their vehicles by utilizing sensors and cameras. This system evaluates parking space suitability and dimensions. Advanced versions even automatically adjust steering and speed during parking, preventing accidents. It accommodates both forward and reverse parking. In the UAE, consumers highly value this feature when buying vehicles, making it a significant factor in their purchase decisions, given the country's parking challenges. Meanwhile, the lane departure warning system segment holds the second highest place in the UAE ADAS market. The Lane Departure Warning System (LDWS) plays a pivotal role in enhancing road safety by alerting drivers when their vehicle drifts from its lane, reducing the risk of collisions, especially from rear-approaching vehicles. LDWS also mitigates accidents stemming from factors like distracted driving and fatigue, which are common causes of fatal incidents. This technology addresses prevalent issues such as lane-crossing and blind-spot accidents. Due to these advantages, UAE car buyers are increasingly favoring vehicles equipped with these advanced features.
Competitive Landscape
Major players operating in the UAE ADAS market include Bosch, Continental, Magna, Valeo, and ZF. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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Advanced Driver Assistance Systems (ADAS) Market Size | Analysis, Trends 2024 - 2032

The Reports and Insights, a leading market research company, has recently releases report titled “Advanced Driver Assistance Systems (ADAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Advanced Driver Assistance Systems (ADAS) Market Share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Advanced Driver Assistance Systems (ADAS) Market?
The advanced driver assistance system (ADAS) market was US$ 28.1 Billion in 2022. Furthermore, the advanced driver assistance system (ADAS) market to register a CAGR of 17.1% which is expected to result in a market forecast value for 2031 of US$ 116.3 Billion.
What are Advanced Driver Assistance Systems (ADAS)?
Advanced Driver Assistance Systems (ADAS) are electronic systems embedded in vehicles to improve safety and convenience by aiding drivers in various tasks. Using technologies like sensors, cameras, radar, and lidar, ADAS offer real-time data for features such as adaptive cruise control, lane departure warnings, automatic emergency braking, and parking assistance. These systems aim to minimize human error, prevent accidents, and enhance the overall driving experience by providing alerts, automation, and control support. As a crucial element in the evolution of autonomous vehicles, ADAS significantly advance road safety and driving efficiency.
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What are the growth prospects and trends in the Advanced Driver Assistance Systems (ADAS) industry?
The advanced driver assistance systems (ADAS) market growth is driven by various factors and trends. The advanced driver assistance systems (ADAS) market is rapidly expanding due to the increasing demand for enhanced vehicle safety and automation. This market includes various technologies such as adaptive cruise control, lane departure warnings, automatic emergency braking, and parking assistance, all designed to improve driving safety and convenience. Key growth drivers are heightened consumer awareness of safety features, stringent government road safety regulations, and advancements in sensor and camera technologies. The movement towards autonomous vehicles also boosts the ADAS market, as these systems are vital for self-driving technology. Consequently, the ADAS market is crucial in the automotive industry’s progress towards safer and more efficient driving experiences. Hence, all these factors contribute to advanced driver assistance systems (ADAS) market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
Parking Assist System
Adaptive Front-lighting
Night Vision System
Blind Spot Detection
Advanced Automatic Emergency Braking System
Collision Warning
Driver Drowsiness Alert
Traffic Sign Recognition
Lane Departure Warning
Adaptive Cruise Control
By Technology:
Radar
Lidar
Camera
By Vehicle Type:
Passenger Cars
Commercial Vehicles
By Applications:
Transportation and Logistics
Agriculture
Construction
Mining
Public Transportation
Security
By Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Poland
Benelux
Nordic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
ASEAN
Australia & New Zealand
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Israel
Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
Renesas Electronics Corporation
NXP Semiconductors
Panasonic Holdings Corporation
Valeo SA
Denso Corporation
Robert Bosch GmbH
Continental AG
Texas Instruments Incorporated
Magna International Inc.
AUTOLIV INC.
Infineon Technologies AG
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#Advanced Driver Assistance Systems (ADAS) Market share#Advanced Driver Assistance Systems (ADAS) Market size#Advanced Driver Assistance Systems (ADAS) Market trends
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#personal
The holidays are quiet if not a little more restful than usual. I facetime’d my dad and his wife and talked to my mom on the phone. Since I left my job way back in July I haven’t had much video contact with anybody. Everybody is too busy baking banana bread on YouTube I guess to check in. The final days of my employment had devolved into a virtual SCRUM twice a day led by myself on camera. It was exhausting at times to lead but kept people focused. That is when they bothered to show up. One of my employees was off making music with my boss half the time I was trying to lead those discussions. I’m beginning to sense a theme. People saying they are there but not really. Maybe the mic is muted. Maybe you can’t see behind the screen. All I know is the follow through lately with people is missing entirely. I spent a good hour the last two days trying to decouple a credit card from my old job’s contact info. I’m locked out of both the phone number and the email attached to the account. I got the run around trying to provide a US passport to confirm my identity. It was good enough to enter China alone. The first call that ID was sufficient. They had said they sent an email to follow through with the process to two different emails I provided. The email never came most likely because neither had been tied to the account previously. I called back on Christmas eve and suddenly the passport wasn’t good enough. Neither was an expired driver’s license. The woman actually asked me why I hadn’t renewed my driver’s license. I told the truth. My ex girlfriend stole my car. That didn’t really help the situation. I sent a passport photo to unlock my facebook but they never followed through. I had an easier time unlocking my Fortnite account with it although that took a full week. I ended having to call the police on Christmas eve to explore filing a report for fraud and identity theft. The police officer on the phone pretty much gaslighted me at the end of the questioning. “Nothing criminal.” he stated plainly. I didn’t get mad. I didn’t even complain. I simply said Happy Holidays and hung up. Much like I’ve hung up on the last twenty years of my life at this point. Nobody seems to want to answer the video call. The opening introduction if they did would be something like “What exactly have you done with my life?” Maybe they’re afraid to confront the truth. The media, the government, and even the police seem to not want to believe evidence that contradicts their narrative. I guess you could throw up your hands and revolt. But the holidays have been peaceful and quiet enough to simply roll my eyes and move on. I’ve had years of failures to connect. COVID has taught me a lot of things. I heard the mantra in all the mandatory corporate webinars. This pandemic has brought to light structural problems we were never aware of before. Sexual harassment in the workplace. Check. Organizational corruption. Check. The fact everybody is full of bullshit and will just mute the mic and pretend it never happened. Check. People feel invincible behind a screen and think they know it all. Check. Now that we’re aware. What do we do? How do we move on with our life now that we have all this space? How do I even care about participating in a broken process when I have no debt and fiscal maturity? How can I go back to being the old me when I’ve been completely erased and conveniently forgot about? Why would I even bother?
Mostly I take the time with this process to make sure my identity is completely secure. Which is why it’s not really fun to be locked out of twenty years of your own information in the form of an email account and forgotten about for six months. But this is just the structural reality come to light. Much like the rest of America is waking up to the reality of what greed really does to people. That was my Christmas present this year aside from the coffee that never came and that Cyberpunk game that I don’t really have the time or the subpar computer setup to criticize. I’m guilty of tricking myself into thinking people care about me. I have statistical data from the last six months that proves otherwise. I also have financial data that points to whatever hustle I have been hustling during that time has paid off and will continue to. But I don’t really have an answer to anything. I’m in the worst kind of limbo. I don’t get the sense these days that I should even remotely worry until July. Which is kind of like saying fuck you to the world for the next six months. I spent the last six waking up from a nightmare. The only times I look back is to clean up the mess. And a Christmas Eve call to the police is kind of messy. But the result is more of the same for me. An extravagant “I told you so.” I’ve been telling myself for awhile now a lot of things. Some of them were kind of unbelievable. Now those very dreams are all I really take comfort in. The limbo I’m in is more pointed to the light at the end of the tunnel than the void. But I can’t say the same for everybody else. I work for myself for the time being. It looks really nice on paper. I can even pay myself if it fits into my organization’s financial outlook. But none of this matters when you or your struggles don’t even exist to people other than to mock or judge it. All the work we do to survive. All the work we do to create art and to be beautiful in the face of chaos. All of that is negated by a loud mouthed jerk who can bark you back into submission. A mob of dumb ass fraudsters that talk over and mute any opposition without any warrant or merit. The press follows this mentality pretty clearly. Everybody has a hot take and a theory. But nobody wants to sit down and listen to the culmination of lies spread about people and situations. Everyone is too emotionally interested in sharing their recipe for banana bread to an invisible audience. I guess I could be guilty of that too. Except that I share actual human emotion and care with a community of people who pay attention week to week. For a person like myself who has no real need to worry about money for the foreseeable future what’s the value of care and attention? A lot. I don’t feed myself with vapor or fake sentiments. I take it all at base level as real as it gets. You can’t build a future on speculation. You can technically if you are in the stock market. But risk is risk. And money is money. No one can be me at the end of the day. Sometimes I can’t even prove I’m myself. My mom reminded me I had to provide ten pieces of documentation to renew my passport ten years ago. The reasoning was simple. The government did not believe I existed. No bullshit. A decade later nothing really has changed. I’ve been to Shanghai by myself and eaten McDonald’s. I read all these Republicans talk about how you put your identity at risk just setting foot in that country.
And yet when does the rhetoric and brainwashing fall flat on it’s face? When you can’t pass economic stimulus to not only save your own people but the fragile stock market all this bullshit is built upon. I could keep telling you I told you so. Or I could save my own ass. And largely I did without really owing much to this country whatsoever except taxes in Q1. Taxes billionaires don’t have to pay because they offer us so much relevant employment and benefits that fit on their bottom line. The real truth is that America would rather not face the truth. It hasn’t for years. It’s built on this kind of thing. It always has been. And the world gets bigger and the excuses get worse. And so what does anyone expect a person like me to do after you openly admit that there’s nothing criminal going on here. How does that sound when you’ve been treated openly like a criminal in so many unsettling ways that you just don’t want to participate in society anymore? Not that anyone really asks me to participate. They’re too busy signaling or whispering secret messages. Is it suggestion or valid communication? I’m the one that has to shift through it all and detangle the mess from what is real and what is some sort of mass hallucination. An alternate reality hunger game that the rich have been playing for years without any punishment or oversight. When you get caught up in the crossfire they expect you to know the drill. Keep your mouth shut if you know what’s good for you. None of this is good for me. You could argue it made me the beast that I am. But I am the one who had to actively make that choice to adapt and survive. But I’m not like any normal person these days. I refuse to admit it anymore. They say the first step to recovery is admitting you have a problem. I have a problem. One that it seems I cannot fix. And if you isolate and quarantine yourself from an entire twenty years of nostalgia what is left? Where are the texts of merry xmas from yesteryear. Probably pinging my old work number. I can’t access my facebook. Maybe that’s for the best. I can’t shut down lines of credit until I renew my state ID. I could jump on a plane and visit Shanghai Disney quicker than I could prove I’m alive to the US government. And when does the constant gaslighting break down? When do we realize that people gaslight to cover up an elaborate lie that has gotten out of control. That we are not all in this together. Not by a longshot. That the problem of connectedness is right there in front of our faces. We’re exhausted propping up entire infrastructures that keep a bloated empire alive. Family fortunes built on opioids and war strewn out across the landscape in trusts and elaborate tax schemes. Oligarchs that have generational wealth that buy our politicians and scam people into debt and forced labor. This is America. This is the systemic problem the pandemic brought to light. This shit was built this way. And like any fort constructed with shaky foundations, good luck hiding from the storm in that shit. At least I can still access my Epic account. What am I going to do for the next six months? Complain about something I can’t fix because everybody wants to consider me part of the problem? I don’t know what to do anymore except move forward and lead by example. There’s enough quality people who follow to keep me warm with those thoughts through the holidays alone. I won’t be drunk on a zoom call. I’ll be in bed watching Wonder Woman or something. When everyone you worshipped comes out of this looking fake, tired and exhausted you’ll know where to find me. Unlocking more accounts tied to an identity that doesn’t exist anymore. Nothing criminal. Hopefully people will stop treating me like one eventually. <3 Tim
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Advanced Driver Assistance System (ADAS) Market Increasing Demand with Leading Player, Comprehensive Analysis and Forecast 2025
The Advanced driver assistance systems ADAS Forecast report provides independent information about the Advanced Driver Assistance System (ADAS) industry supported by extensive research on factors such as industry segments size & trends, inhibitors, dynamics, drivers, opportunities & challenges, environment & policy, cost overview, porter’s five force analysis, and key companies’ profiles including business overview and recent development.
Advanced Driver Assistance System (ADAS) Market Latest Research Reports 2020:
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Market Analysis of Advanced Driver Assistance Systems-
Advanced driver assistance systems market report is segmented on component type, and by regional & country level. Based upon component, advanced driver assistance systems market is segmented as system type and sensor type.
In this report, our team offers a thorough investigation of Advanced Driver Assistance System (ADAS) Market, SWOT examination of the most prominent players right now. Alongside an industrial chain, market measurements regarding revenue, sales, value, capacity, regional market examination, section insightful information, and market forecast are offered in the full investigation, and so forth.
Geographically, this report split global into several key Regions, revenue (Million USD) the geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Advanced Driver Assistance System (ADAS) Market.
Key Benefits for Advanced Driver Assistance System (ADAS) Market Reports
The analysis provides an exhaustive investigation of the global Post-Consumer Advanced Driver Assistance System (ADAS) market together with the future projections to assess the investment feasibility. Furthermore, the report includes both quantitative and qualitative analyses of the Post-Consumer Advanced Driver Assistance System (ADAS) market throughout the forecast period. The report also comprehends business opportunities and scope for expansion. Besides this, it provides insights into market threats or barriers and the impact of regulatory framework to give an executive-level blueprint the Post-Consumer Advanced Driver Assistance System (ADAS) market. This is done with an aim of helping companies in
Major Company Profiles Covered in This Report:-
Some major key players for Advanced Driver Assistance Systems market are Continental, Bosch, Denso, Delphi, TRW Automotive, BMW, Mobileye, Hitachi Automotive, Valeo, Magna International and others.
Advanced Driver Assistance System (ADAS) Market segment by:
By Component Type
Tire Pressure Monitoring System
Drowsiness Monitor System
Intelligent Parking Assist System
Adaptive Cruise Control System
Blind Spot Object Detection System
Lane Departure Warning System
Adaptive Front-lighting System
Others (Night Vision System and Driver Monitoring System)
Image Sensor
LiDAR Sensor
Ultrasonic Sensor
Infrared Sensor
RADAR
LASER
By Vehicle Type
Passenger cars
Commercial vehicles
By Regional & Country Analysis:
US.
Canada
UK.
France
Germany
Italy
China
Japan
India
Southeast Asia
Brazil
Mexico
GCC
Africa
Rest of Middle East and Africa
Market Overview: The report begins with this section where product overview and highlights of product and application segments of the global Advanced Driver Assistance System (ADAS) Market are provided. Highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.
Competition By Company: Here, the competition in the Worldwide Advanced Driver Assistance System (ADAS) Market is analyzed, by price, revenue, sales, and market share by company, market rate, competitive situations Landscape, and latest trends, merger, expansion, acquisition, and market shares of top companies.
Company Profiles and Sales Data: As the name suggests, this section gives the sales data of key players of the global Advanced Driver Assistance System (ADAS) Market as well as some useful information on their business. It talks about the gross margin, price, revenue, products, and their specifications, type, applications, competitors, manufacturing base, and the main business of key players operating in the global Advanced Driver Assistance System (ADAS) Market.
Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the global Advanced Driver Assistance System (ADAS) Market is deeply analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.
Application or End User: This section of the research study shows how different end-user/application segments contribute to the global Advanced Driver Assistance System (ADAS) Market.
Market Forecast: Here, the report offers a complete forecast of the global Advanced Driver Assistance System (ADAS) Market by product, application, and region. It also offers global sales and revenue forecast for all years of the forecast period.
Research Findings and Conclusion this is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.
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We publish market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students.
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The Effects of COVID-19 on the Ride-hailing and Micro-mobility Industries
Prepared by: The Scooter Commuters
Logan Billin, Brandon Chambers, Adam Dinkins. Bryson Passey, Israel Rivera
Introduction
COVID-19 has been the great agent of change across the globe in 2020. All of us have needed to adapt and change to fit into a rapidly changing world. On a personal level that might mean working from home and dealing with a lack of social interaction to protect ourselves and our families. However, the effects of COVID go much deeper than just simple adjustments in our personal lives. It has far reaching consequences into every structure of our society. Huge, interconnected worlds of trade and transit are now shaping themselves to a world molded by a global pandemic. Besides the loss of life, COVID’s effect on the transportation systems of the world is possibly one of its most impactful and long-lasting consequences. COVID has had a notable effect on new modes of transportation, such as ride-hailing and micro-mobility. Because they are new and expanding sections of the market, a study of COVID’s effect on ride-hailing and micro-mobility is necessary to help form a clearer picture of how our other transportation systems will change in response to COVID.
Ride-hailing and micro-mobility are on the frontier of transportation advancement, with both rising in the last two decades to take over large portions of the personal transportation market. They harness new technological advances to create more efficient and connected transportation systems. By analyzing ride-hailing and micro-mobility before COVID and the resulting changes to each market, predictions can be made as to the future of these modes of personal transportation that affect us all as users of the transportation network.
Ride-hailing
Before COVID-19
To understand the effects of the COVID-19 pandemic on ride-hailing and predict where it may go in the future, we must understand what the state of the industry was before the pandemic. Ride-hailing is still a new mode of transportation, though it has already become a frequently used mode. It is comparable to traditional taxicab services. The main difference is that riders hail drivers online rather than from the street. The concept has been around since the late 1990s, but it has become increasingly practical as technology has become more accessible and mobile. The major ride-hailing companies that most people are familiar with include Uber and Lyft, which were founded in 2009 and 2012 respectively. Since that time, these companies have grown until their services were being used to make billions of trips each year.
The growth of this industry has caused many transportation engineers and planners to research ride-hailing and the effect it has on other aspects of the transportation network. One such study that sheds some light on the purposes of ride-hailing trips and why COVID-19 has had such an impact on the industry was performed in Austin, Texas (Dias et. al., 2019). This study used trip data from RideAustin, the major ride-hailing company in Austin, as well as census and parcel data to determine trip origins, destinations, times of travel, and frequent user demographics. These data help us to infer what common ride-hailing trip purposes were before the pandemic and compare them to the trends we see now.
The data summary table from this study is shown in the Figure 1 below. Some of the key data points to notice are the common origin and destination location types, the time of day trips were taken, and frequent user demographics. Residential areas were the most common location for both origin and destination. Over thirty percent of ride-hailing trips started or ended in residential locations. Commercial areas were nearly tied with Central Business District/Downtown Mixed-Use areas (CBD/DMU) with a little over twenty percent of ride-hailing trips starting or ending in each of those location categories. About fifty-five percent of all ride-hailing trips were taken at night between 10 p.m. and 7 a.m. Most frequent ride-hailing users were under the age of 45 and did not have a child at home. Nearly ninety percent of frequent ride-hailing users owned one or more vehicles.
Figure 1: Summary of data from RideAustin study (Dias et. al., 2019)
The high frequency of trips in residential areas is to be expected since people have to travel to and from their homes. The high frequency of trips to and from commercial areas suggest that many ride-hailing users are commuting between home and work via ride-hailing services. Inferring a trip purpose for the CBD/DMU areas is difficult because of the many purposes people could have to go there, but combining the high frequency of trips to these locations with the high percentage of trips made at night can suggest that many of these trips had entertainment purposes, such as going out to restaurants and bars. The authors of the study suggest that one major reason people choose to use ride-hailing services is to avoid driving under the influence. The demographic data from this study show that ride-hailing is most popular among the younger generations. This is likely because these generations are more technologically literate than older generations. Additionally, ride-sharing services like Lyft and Uber have been steadily taking over the market traditionally held by taxi services. In mid-2017, ride-sharing services eclipse taxi services in New York City, as seen in Figure 2. These trends are likely to continue in the future.
Figure 2: NYC Daily Trips: Taxi, Uber, and Lyft
Other studies have made similar conclusions to the study referenced above. The most common ride-hailing trip purposes prior to the pandemic were commuting and entertainment. The frequency of these kinds of trips were greatly reduced when the pandemic began because of the work and social distancing restrictions that were enforced throughout the United States. With many businesses, bars, and restaurants closed, trips to these places no longer took place. The data presented in the following sections illustrates the effects this had on ride-hailing usage.
During Initial Lockdown
COVID-19 was declared a national emergency on March 13, 2020 by President Donald Trump. Additionally, most state governments, including all the highly populated states that make up the majority of ride-hailing services, initiated several week lockdowns. In the uncertainty of a new disease, bars were closed, tourism withered away, entertainment died overnight, and a large portion of businesses were forced to close temporarily. In many states, all non-essential workers were confined to their homes. All non-essential business was suspended. Ride-hailing services saw an immediate and large-scale decrease in their services. Lockdown orders led to a sharp decrease in personal travel. Individuals were only able to go to the grocery store or other essential business. There was simply no more demand for ride-sharing services as all leisure and the majority of travel came to a screeching halt. Customers also had a growing concern for their personal safety in a car that was not their own and were thus more likely to use other means of transportation for the few trips that remained.
Figure 3: Uber Gross Bookings Week on Week 2020
Figure 4: Uber Monthly Average Users and Total Trips
The full effects of these lockdowns can be seen in the figures above, reported by Uber in their quarterly earnings report. As seen in Figure 3, Uber experienced a 60% decrease in Gross Bookings from mid-February to mid-March. Their monthly users dropped from 111 million to 55 million, a 50% decrease. Additionally, total trips dropped from 1,907 million to just 737 million, a 61% decrease, both seen in Figure 4. Comparing the drop in average monthly users to total quarterly trips, a difference of 11%, we can see that not only did Uber lose half of their monthly users, but additionally those users who remained took less trips than before March.
In response to this dramatic decline, ride-sharing companies quickly rolled out new policies. Beginning in May 2020, these policies were designed to both protect the company and their drivers from liabilities, as well as calm fears of COVID transmission experienced by users. The policies common among all major ride-sharing services include:
● Requirement for everyone riding, driving, or delivering to wear a face covering.
● Free cancellations for riders feeling unsafe by drivers not wearing a face covering.
● Required checklist for drivers including: having on a face cover or mask, sanitizing vehicle or food delivery equipment, and not allowing anyone to ride in your front seat.
● Required checklist for riders including: wearing a face cover or mask, sanitizing hands, and sitting in the back seat with windows open for ventilation.
● Required selfie from drivers before pickup, confirming that they are wearing a face covering.
Current State and Efforts to Recover
Ride-hailing services around the world have been hit hard by the COVID-19 pandemic, and Uber was no exception. Prior to the pandemic, Uber released quarterly reports that highlight their tri-monthly gross bookings, revenue, and trips among other categories as shown below in Figures 5-7. Additionally, Uber provided a summary of their gross earnings broken down by services. Because the first quarter was hardly affected by the pandemic, we will look closely at the second and third quarters. While the net revenue in the second quarter of 2020 was lower than that of 2019, we see that there was a decrease in revenue from mobility and an increase in revenue from delivery (Figure 8). This is because there were less trips made using Uber’s ride-hailing section and more food deliveries made in their UberEats section. In this pandemic, people are encouraged more than ever to stay home and have food delivered to them. Therefore, there was such a large spike in this year’s second quarter compared to the same time last year. Delivery revenue increased from $3.386 billion to $6.961 billion which is a 106% increase. The change does not stop here because on July 7th of 2020, Uber launched its grocery delivery system. This effort was to combat the decrease in ridership Uber was seeing in its ride-hailing service. Thus, we see in the third quarter of 2020 an even larger increase in revenue under Uber’s delivery service from $3.658 billion to $8.550 billion boasting a 134% increase (Figure 9). While the ride-hailing service of Uber is still recovering from the pandemic, the delivery service section has been flourishing to maintain numbers in revenue near pre-COVID 19.
Figure 5: Uber Q1 Report
Figure 6: Uber Q2 Report
Figure 7: Uber Q3 Report
Figure 8: Uber Q2 Supplemental
Figure 9: Uber Q3 Supplemental
Figure 10: Uber Net Revenue
Predictions for the Future
While the pandemic is still on-going, the trends that we see in Uber’s data show some promise for the recovery of the ride-hailing industry (see Figure 11). In the first quarter of 2020, Uber’s ridership had increased since 2019. Uber has currently recovered 90% of its Gross Bookings as of September (see Figure 3), 70% of their average monthly users, and 60% of their total trips (see Figure 4 for both) as compared to before the pandemic. Restrictions and lockdowns for the pandemic began in mid-March and continued for the rest of the second quarter. During this time, ridership was very low. However, Uber has already begun to recover, and we see increased ridership in the third quarter. Ride-hailing rates are still not back to where they were in 2019, but it is increasing from the lowest point in 2020. As society continues to adapt to the pandemic and medical researchers come closer to creating a vaccine, this trend is likely to continue.
Figure 11: Quarterly data comparison of 2019 to 2020
Figure 12: Global Net Revenue for Uber
Once a vaccine is created and restrictions are lifted, it is likely that the use of ride-hailing will resume the steady increase in ridership that it had before the pandemic. There may be a decrease in the number of ride-hailing trips for commuting, since many businesses which have adapted to working from home may continue to do so, but it is likely that the number of trips used for recreation and entertainment purposes will increase. As seen in Figure 12, Uber has consistently become more and more profitable. As of Quarter 3 of this year, they have regained most of that revenue, putting them in the same position as they were in Quarter 1 of 2019. Additionally, the trend of ride-sharing services to take over the taxi market as seen in Figure 2 is also likely to continue. This, combined with the recovery rates stated above, shows that that companies have weathered the storm of COVID-19, retaining much of their revenue and user base. As people return to working in offices and social distancing restrictions are lifted, people will turn to ride-hailing again as a reliable mode of transportation. As future generations become more comfortable with technology, we can expect ride-hailing to become a very popular mode of urban transportation in the future. We fully expect the total recovery and expansion of ride-sharing services.
Micro-mobility
Before COVID-19
In the decade before 2020, micro-mobility was a new and emerging market. According to a study from the National Association of City Transportation Officials (NACTO), 88 million bike share trips were taken in the US in the seven years between 2010 and 2016. Afterwards, there was a 100% increase in ridership from 2017 to 2018 and an additional 60% increase over the next year. The overall growth of the micro-mobility market and the individual modes of transit that are a part of micro-mobility is shown in Figure 13. Per NACTO’s study, the average trip in 2019 was around 11 to 12 minutes long and traveled 1 to 1.5 miles in distance.
Figure 13: Total Micro-mobility Riders by Year and Mode.
In a recent interview, Wayne Ting, CEO of Lime e-scooter service, commented on the nature of rides before and after the pandemic. According to Ting, about 30% of Lime riders before the pandemic were tourists, or people not from the city they were riding in. The main purpose in e-scooter ridership was as a form of “first-mile” and “last-mile” transit. Basically, to get people to and from public transit options that they would use for most of their route.
In 2019, LINK introduced a fleet of 500 e-scooters to Provo, UT. In an interview with Mayor Michelle Kaufusi, the Daily Herald reported that each of these scooters averaged 3 trips a day, or 1500 total trips a day. Mayor Kaufusi confirmed what Wayne Ting had said in his interview: the primary purpose behind e-scooter trips was first and last-mile transportation. Utah County data shows that 50% of e-scooter riders connect with UTA at some point on their trip.
During Initial Lockdown
With the initial lockdown and work-from-home initiatives launched worldwide in response to the continuing COVID-19 pandemic, transit in all forms took a major hit. NACTO’s micro-mobility report shows that the top 8 bike share companies saw a 44% drop in total number of trips in March and April of 2020. This is a relatively small hit though compared to an 80% drop in public transit trips and an average 68% to 72% drop in total US household trips. The drop in ridership forced micro-mobility companies to adapt. This caused some of the smaller companies, like LINK in Provo, to completely withdraw scooter service for time. Other cities worked with micro-mobility providers to focus e-scooter and e-bike service in areas near primary care centers and hospitals. Bird, Lime and other companies instituted free rides for healthcare workers as an attempt to aid in the fight against COVID 19 and as an effort to stay relevant (Bird, 2020).
An analysis of credit card data by The New York Times found spending on scooter rentals had decreased by nearly 100% (Leatherby and Gelles, 2020). NACTO reported a significant drop in profits and massive layoffs in the global micro-mobility market. According to an online layoff tracker, layoffs.fyi, there were about 1000 full-time employees laid off by early May. One of the biggest companies for micro-mobility, Bird, infamously laid off 400 employees in a two-minute zoom call (Tamplin, 2020). For some companies, this hit was catastrophic. With the poor outlook for micro-mobility and no hope of the market returning anytime soon many companies were sold or went under. Uber sold its shared bike and scooter business “Jump” to Lime, making Lime one of the biggest companies in the industry today (Hawkins, 2020).
To lessen the spread and encourage people that the scooters are safe, strict cleaning regimens were designed. One company went as far as automatically locking their scooters after each use until someone could clean the scooter. As their efforts began to pay off they were allowed to increase their presence in many cities, though as protests, unrelated to COVID-19, began to be wide-spread across the country, many companies removed their products from the streets (Lekach, 2020).
Some companies managed to weather the storm. Super pedestrian, a micro-mobility company based in Cambridge, MA, is a company whose initial success comes from their e-bike product, the Copenhagen Wheel. Initial prior financial success and security allowed the company to secure the purchase of Zagster, the corporation that ran LINK. The more secure company, combining its own experience and resources with that of the former Zagster, allowed for the reinstatement of LINK in many areas, including an initial 200 e-scooters in Provo, with a scheduled increase around the time when school would start up again.
Current State and Efforts to Recover
After the initial pandemic hit, the skies began to clear for the micro-mobility sector. According to NACTA, micro-mobility ridership in New York City was higher in July of 2020 than it was in July of 2019, and the data from Austin, Texas is showing a strong recovery. Micro-mobility has not only returned but has grown since the onset of the pandemic, and this growth came in ways that no one was expecting. Former trends for when and where people were taking rides totally changed.
One of the biggest micro-mobility companies, Bird, posted on their blog in June what they are calling “The 3 Most Compelling E-Scooter Trends Post COVID.” Number 1, more people are trying scooters for the first time. Number 2, Nearly twice as many riders are becoming repeat riders. Number 3, scooter riders are more than 50% longer (Bird, 2020).
Scott Tong, with marketplace.com, verifies Bird’s claims saying that micro-mobility is now being used for regular errand trips, recreational trips, and complete alternatives to potentially crowded public transit. According to NACTO, the increase in NYC trips also includes a more spread out usage, with longer trips.
Wayne Ting expounded more on these changing trends. In his interview with marketplace.com, he revealed that trips have moved away from financial and downtown areas and instead have turned to residential areas where the average trip is increasing in length and time by about 33%. According to him, “We see people start at their home, they go on a 30- or 40-minute trip…” Some of these trips are running errands, some are visiting friends, but some are simple joy rides. “What we think is happening is people want to be outdoors, and they’re not quite sure how to be outdoors while observing social distancing. But they want to get the sun, they want to get the air, and they find bikes and scooters a really good way to do that,” he told marketplace.com. Lime introduced scooters to Orem and Lehi in early June 2020 and to no one’s surprise, has focused on placing these near residential areas.
The data collected by Austin, Texas, corresponds perfectly with these claims. Both scooter trips and trip duration have increased starting in May 2020 with a large increase in August and further increases month after month. While many people lost their jobs and many companies went out of business, micro-mobility is poised to make a full recovery in the years that follow.
Figure 13 Trip Distance
Table 14 Scooter Trip Distance
Figure 15 Trip Duration
Table 16 Scooter Trips Duration
Figure 17 Trips
Table 18 Scooter Trips
Predictions for Future
The future of micro-mobility is promising, but the picture of where it’s heading is still not clear. Hard financial times have removed many competitors from the market and allowed stronger companies to acquire their supply of scooters and bikes. With less competition and an increased supply, companies like Bird and Lime are the ones to watch.
Predictions by NACTO rely on the adaptability of individual companies and the cities in which they provide their services. They note that adaptability works best when the city and provider work together, as was seen in areas where micro-mobility was focused around care centers as part of the collective COVID-19 response. Lime, as a business, is yet to turn a profitable year, however Wayne Ting notes that 2020 was expected to be profitable until the pandemic, but 2021 is still looking to be a profitable year. Ting notes that the areas hardest hit by COVID-19 (such as Korea and Italy), have shown the greatest improvements in micro-mobility.
Conclusion
COVID has hit ride-hailing and micro-mobility hard, with both markets losing around half of their demand. At the same time, they have bounced back and are here to stay. Both sectors are highly adaptive due to their innovative approaches to personal transportation. Each of these modes is data and optimization driven. Therefore, companies can quickly change policies, like cleaning and tracking, and provide information to consumers to maintain operation and reduce rider fears. By seeing how the innovative frontier of the personal transportation market adapts to COVID, we gain a clearer picture of the future for other transportation systems as well.
The future of both ride-hailing and micro-mobility are bright, though for different reasons. Ride-hailing, while still relatively new, is an established market with appropriate infrastructure. The few companies that control it, namely Uber and Lyft, have weathered the storm of COVID-19 and are poised for further expansion. They have regained the majority of their pre-COVID metrics without a loss of infrastructure. Ride-sharing will likely continue to take over the taxi industry and may even accelerate as Uber and Lyft are more capable of adaptation than traditional taxi services. Trends of increased profitability, efficiency, and market expansion will continue in a post COVID world.
Micro-mobility is an emerging and risky market. This is evident in the many companies that have shut down and sold off their inventory in response to the pandemic. As weaker companies die, this will leave massive holes in the market. Those stronger companies that have survived the pandemic are now better equipped for rapid expansion by filling those holes. Armed with the inventory and markets of their former competitors, companies like Lime will be more profitable and likely expand into new urban and residential areas.
The future of ride-hailing and micro-mobility markets shows a very likely future for transportation systems in general: a move away from traditional transportation in favor of more flexible high-tech systems. As systems adjust to a rapidly changing world, we are likely to see large and innovative solutions.
References
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