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The Internet of Things (IoT) and traceability for food and beverage (F&B) manufacturing market was valued at $4.08 billion in market revenue in 2017 and is expected to reach $8.43 billion by 2025, growing at a compound annual growth rate (CAGR) of 9.5%. Supply chain traceability is the information system that is required to track the history of a p...

The US single-stream recycling material recovery facility (MRF) equipment market is in the midst of dramatic change. With the introduction of China’s National Sword policy, MRFs in the United States can no longer export the vast amount of recycling material the country produces each year. As a result, there is a technology-and-capabilities gap betw...

07 Apr 2023  |  North America  |  Market Research

Latin American Automotive Aftermarket Growth Opportunities

Aging Car Parc and Shortage of New Cars and Auto Parts Drive Future Growth Potential

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This research service examines the qualitative and quantitative aspects of the automotive aftermarket in Latin America by evaluating its performance and identifying the various trends that have an impact on the demand for replacement parts, repair, and maintenance. The study takes a detailed look at the automotive aftermarket in five Latin American...

Pharmaceutical drug discovery and development processes suffer from declining success rates and a stagnant pipeline. Artificial Intelligence (AI) supported by Big Data could be a key element that can provide an effectual solution. There has been a rapid growth in the data generated within the life sciences and pharmaceutical industries. This stems ...

24 Aug 2021  |  Global  |  Market Research

Global Machine Vision Growth Opportunities

High Automation Demand and Post-COVID-19 Changes in End-user Habits Drive the Market

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The global machine vision market revenue in 2020 is $10.28 billion and is forecast to record a 6.4% CAGR between 2020 and 2025. The market took a major hit in 2020 due to the COVID-19 pandemic, with sales declining 4.6% from 2019. However, Frost & Sullivan expects that market to register 3.8% growth in 2021. Positive trends in pharmaceuticals, food...

The global smart homes market is projected to reach $405.94 billion by 2030 at a compound annual growth rate of 9.3% from 2024, fueled by demand for convenience, energy efficiency, security, and comfort, alongside rising disposable incomes, urbanization, and the proliferation of IoT-enabled devices. Falling prices and simplified DIY installation ar...

The Sensor Technology Opportunity Engine provides profiles of innovations related to Image Sensor with Excellent Low-light Performance, Sensor with AI Image Processing Technology, Advanced Ultra-compact Air quality Monitoring Sensor Module, Cost-effective Short-wave Infrared (SWIR) Sensors, Compact, biocompatible audio sensor.Sensor Technology Oppo...

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...

Climate change is a topic that is on everyone's lips, particularly after the conclusion of the recent climate talks in Paris. To address climate change, first there has to be climate monitoring. However, monitoring climate change is not an easy process given the area to cover. This requires powerful sensing and communication infrastructure and also...