Search results for: 'machine ad hing platforms'

World Health Organization statistics state that by 2030, one out of six people will be 60 years of age or more. The aged population will likely increase from 1 billion in 2020 to 1.4 billion in 2030 and 2.1 billion by 2050. The senior population typically experiences a gradual decrease in physical and mental capacity. This causes a high disease and...

Generative artificial intelligence (GenAI) is emerging as a game changer in the chemicals and materials industry. This technology, which combines advanced machine learning with vast data resources, has the potential to transform the industry by driving innovation, efficiency, and ecologically sound practices. Gen AI allows for faster research and d...

Across various industrial sectors, digitalization has rapidly developed, utilizing several existing and emerging digital technologies, including AI, Big Data analytics (BDA), IoT, machine learning (ML), natural language processing (NLP), robotics, and automation. While the chemicals industry was relatively slow to adopt these technologies, the tran...

12 Apr 2023  |  North America  |  Market Research

Electric Off-highway Equipment Growth Opportunities

Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential

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Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, a...

A surge in technical developments is fueling change in the automotive sector. This growth opportunity analytics investigates cutting-edge technologies revolutionizing the industry. Digital drivers, such as AI-generative design, quantum simulation, mixed reality, digital twins, virtual prototyping, smart factories, virtual workspaces, and machine vi...

The insurtech pricing automation industry emerged from the convergence between technology and insurance, and it holds the potential to completely transform the way insurers operate and customers experience their services. This sector is rapidly changing with the adoption of advanced technologies such as artificial intelligence (AI), machine learnin...

17 May 2024  |  Global  |  Market Research

Growth Opportunities in Global Fluid Power Equipment

Automation and Electrification Emerge as Key Enablers of Sustainable Solutions in the Pneumatic and Hydraulic Equipment Segments

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This research service defines growth opportunities in the fluid power equipment industry, which includes all equipment used in fluid power transmission systems. The study covers two segments, hydraulic equipment and pneumatic equipment, and provides product level breakdowns for both types. Growth rates and revenues are presented from years 2020 to ...

This study examines the increasing use of artificial intelligence (AI) in quality management. The rapid advancement of AI has led to its use across sectors, particularly quality management, as is evident in the growth of predictive quality analytics and enterprise quality management systems (EQMS). With increasing competitive intensity, it has beco...

AI is not a new technology. In fact, AI and machine learning (ML) concepts have been around for more than a century. The comparatively recent (early 2020s) release of and commercial general availability of generative AI (GenAI) solutions have enabled, facilitated, and accelerated AI adoption, both in individual and enterprise contexts. Rapid AI ado...