• Eco-Friendly Brick Revolution: Sustainable Trends in Brick Making Machines.

    Recent Developments:
    1. Automated Precision: Global Brick Making Machines Market Recent Developments are witnessing a shift towards automation and precision, enhancing production efficiency and reducing manual labor requirements.
    2. Innovative Sustainable Solutions: The market is experiencing a surge in eco-friendly brick making solutions, incorporating recycled materials and energy-efficient processes to align with global sustainability goals.
    3. Digital Integration: Recent developments include the integration of digital technologies, such as IoT sensors and data analytics, to monitor machine performance, optimize production, and reduce downtime.
    Market Size and Trends:
    1. Rapid Urbanization Driving Demand: The market is propelled by the global trend of rapid urbanization, with a surge in infrastructure development projects leading to increased demand for bricks.
    2. Focus on Sustainable Construction: There is a growing demand for bricks produced using environmentally friendly methods, aligning with the construction industry's increasing commitment to sustainability.
    3. Emerging Market Opportunities: Developing economies are becoming key players in the brick making machines market, presenting significant growth opportunities due to infrastructure development initiatives.
    Get more Information: https://www.econmarketresearch.com/industry-report/brick-making-machines-market/
    Application & Product Insight:
    1. Versatile Product Range: Brick making machines are evolving to offer a versatile product range, accommodating various brick types, sizes, and finishes to meet diverse construction requirements.
    2. Interlocking Brick Technology: Innovations include the adoption of interlocking brick technology, providing enhanced structural integrity, cost-effectiveness, and faster construction processes.
    3. Modular Construction Support: The market is witnessing increased support for modular construction techniques, with brick making machines tailored to produce bricks suitable for rapid and efficient modular building systems.
    Regional Analysis:
    1. Asia-Pacific Dominance: Asia-Pacific remains a stronghold in the global brick making machines market, driven by robust construction activities in countries like China and India.
    2. North America's Sustainable Practices: The North American market showcases a growing inclination towards sustainable brick production methods, aligning with the region's focus on environmentally responsible construction.
    3. European Technological Advancements: Europe stands out for its adoption of advanced brick making technologies, with a focus on precision, efficiency, and adherence to stringent quality standards.
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    Eco-Friendly Brick Revolution: Sustainable Trends in Brick Making Machines. Recent Developments: 1. Automated Precision: Global Brick Making Machines Market Recent Developments are witnessing a shift towards automation and precision, enhancing production efficiency and reducing manual labor requirements. 2. Innovative Sustainable Solutions: The market is experiencing a surge in eco-friendly brick making solutions, incorporating recycled materials and energy-efficient processes to align with global sustainability goals. 3. Digital Integration: Recent developments include the integration of digital technologies, such as IoT sensors and data analytics, to monitor machine performance, optimize production, and reduce downtime. Market Size and Trends: 1. Rapid Urbanization Driving Demand: The market is propelled by the global trend of rapid urbanization, with a surge in infrastructure development projects leading to increased demand for bricks. 2. Focus on Sustainable Construction: There is a growing demand for bricks produced using environmentally friendly methods, aligning with the construction industry's increasing commitment to sustainability. 3. Emerging Market Opportunities: Developing economies are becoming key players in the brick making machines market, presenting significant growth opportunities due to infrastructure development initiatives. Get more Information: https://www.econmarketresearch.com/industry-report/brick-making-machines-market/ Application & Product Insight: 1. Versatile Product Range: Brick making machines are evolving to offer a versatile product range, accommodating various brick types, sizes, and finishes to meet diverse construction requirements. 2. Interlocking Brick Technology: Innovations include the adoption of interlocking brick technology, providing enhanced structural integrity, cost-effectiveness, and faster construction processes. 3. Modular Construction Support: The market is witnessing increased support for modular construction techniques, with brick making machines tailored to produce bricks suitable for rapid and efficient modular building systems. Regional Analysis: 1. Asia-Pacific Dominance: Asia-Pacific remains a stronghold in the global brick making machines market, driven by robust construction activities in countries like China and India. 2. North America's Sustainable Practices: The North American market showcases a growing inclination towards sustainable brick production methods, aligning with the region's focus on environmentally responsible construction. 3. European Technological Advancements: Europe stands out for its adoption of advanced brick making technologies, with a focus on precision, efficiency, and adherence to stringent quality standards. Other Reports: Portable Oil-Free Air Compressor Market Solar Photovoltaic Glass Market Coating Equipment Market Modular Data Center Market Remote Sensing Technology Market Base Oil Market Electric Generator Market Digital Brain Health Market Flooring Market Golf Simulator Market
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    Brick Making Machines Market | Global Opportunity Analysis and Industry Forecast, 2023-2031
    The global brick making machines market size was valued at $2.5 billion in 2022, and is projected to reach $3.3 billion by 2031, growing at a CAGR of 5.6% from 2023 to 2031. Brick making machine are used to make bricks from raw materials such as sand, agg
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  • Icy Innovations: Technological Marvels Transforming Cold Chain Networks.

    1. Technological Innovations: Global Cold Chain Logistics Market Recent Developments showcase the integration of cutting-edge technologies, such as IoT sensors and blockchain, enhancing real-time monitoring and transparency within the cold chain.
    2. Sustainable Practices: The market witnesses a growing emphasis on sustainable cold chain solutions, with recent developments focusing on eco-friendly packaging, energy-efficient transportation, and reduced carbon footprints.
    3. Pharmaceutical Cold Chains: There is a notable surge in the development of cold chains tailored for pharmaceuticals, ensuring the safe and efficient distribution of temperature-sensitive medications, vaccines, and biopharmaceuticals.
    Market Size and Trends:
    1. Global Expansion: The Cold Chain Logistics market experiences robust growth, driven by the globalization of supply chains, increasing demand for perishable goods, and the rising awareness of the importance of maintaining product integrity during transportation.
    2. E-Commerce Influence: A key trend is the integration of cold chain logistics into e-commerce, catering to the growing demand for online grocery shopping and ensuring the seamless delivery of perishable goods to consumers.
    3. Pandemic-Induced Changes: Recent trends highlight the market's adaptability to the challenges posed by the COVID-19 pandemic, with a heightened focus on vaccine distribution and the resilience of cold chain networks.
    Get more Information: https://www.econmarketresearch.com/industry-report/cold-chain-logistics-market/
    Application & Product Insight:
    1. Food Safety Assurance: Cold chain logistics play a critical role in ensuring the safety and quality of food products, extending their shelf life and minimizing food waste.
    2. Biotech and Life Sciences: Recent developments showcase the expanding application of cold chain logistics in the biotech and life sciences industries, supporting the storage and transportation of temperature-sensitive biological materials.
    Regional Analysis:
    1. North America's Technological Prowess: North America leads in technological innovations within cold chain logistics, with a focus on enhancing traceability, efficiency, and sustainability in the cold supply chain.
    2. Europe's Commitment to Sustainability: Europe stands out for its commitment to sustainable practices, with recent developments reflecting a shift towards greener cold chain solutions and environmentally friendly transport.
    3. Asia-Pacific's Emerging Markets: The Asia-Pacific region experiences significant growth, driven by the booming e-commerce sector, increased consumer demand for fresh produce, and the expansion of pharmaceutical cold chains.
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    Icy Innovations: Technological Marvels Transforming Cold Chain Networks. 1. Technological Innovations: Global Cold Chain Logistics Market Recent Developments showcase the integration of cutting-edge technologies, such as IoT sensors and blockchain, enhancing real-time monitoring and transparency within the cold chain. 2. Sustainable Practices: The market witnesses a growing emphasis on sustainable cold chain solutions, with recent developments focusing on eco-friendly packaging, energy-efficient transportation, and reduced carbon footprints. 3. Pharmaceutical Cold Chains: There is a notable surge in the development of cold chains tailored for pharmaceuticals, ensuring the safe and efficient distribution of temperature-sensitive medications, vaccines, and biopharmaceuticals. Market Size and Trends: 1. Global Expansion: The Cold Chain Logistics market experiences robust growth, driven by the globalization of supply chains, increasing demand for perishable goods, and the rising awareness of the importance of maintaining product integrity during transportation. 2. E-Commerce Influence: A key trend is the integration of cold chain logistics into e-commerce, catering to the growing demand for online grocery shopping and ensuring the seamless delivery of perishable goods to consumers. 3. Pandemic-Induced Changes: Recent trends highlight the market's adaptability to the challenges posed by the COVID-19 pandemic, with a heightened focus on vaccine distribution and the resilience of cold chain networks. Get more Information: https://www.econmarketresearch.com/industry-report/cold-chain-logistics-market/ Application & Product Insight: 1. Food Safety Assurance: Cold chain logistics play a critical role in ensuring the safety and quality of food products, extending their shelf life and minimizing food waste. 2. Biotech and Life Sciences: Recent developments showcase the expanding application of cold chain logistics in the biotech and life sciences industries, supporting the storage and transportation of temperature-sensitive biological materials. Regional Analysis: 1. North America's Technological Prowess: North America leads in technological innovations within cold chain logistics, with a focus on enhancing traceability, efficiency, and sustainability in the cold supply chain. 2. Europe's Commitment to Sustainability: Europe stands out for its commitment to sustainable practices, with recent developments reflecting a shift towards greener cold chain solutions and environmentally friendly transport. 3. Asia-Pacific's Emerging Markets: The Asia-Pacific region experiences significant growth, driven by the booming e-commerce sector, increased consumer demand for fresh produce, and the expansion of pharmaceutical cold chains. Other Reports: Perfume Ingredient Chemicals Market Automotive E-axle Market Tower Crane Market Used Car Market Automotive Powertrain Market Dermal Filler Market Skincare Market Ultrafiltration Membranes Market Mining Flotation Chemicals Market Blood Culture Test Market
    WWW.ECONMARKETRESEARCH.COM
    Cold Chain Logistics Market | Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2031
    The global cold chain logistics market size was valued at USD 255 billion in 2022 and is expected to surpass around USD 855.26 billion by 2031, expected to grow at a compound annual growth rate (CAGR) of 15.07% during the forecast period 2023 to 2031.
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  • Aquatic Symphony: Technological Crescendos Reshaping Global Aquaculture.

    1. Technological Aquascapes: Recent developments showcase the integration of advanced technologies, such as IoT and AI, in aquaculture systems for real-time monitoring, automated feeding, and water quality management.
    2.
    Request Sample: https://www.econmarketresearch.com/request-sample/EMR00246/
    Market Size and Trends:
    1. Steady Market Growth: The global aquaculture market continues to grow steadily, driven by increasing demand for seafood, population growth, and a shift towards healthier protein sources.
    2. Asia-Pacific Dominance: Asia-Pacific remains a dominant player in the aquaculture market, with countries like China, India, and Vietnam leading in production, innovation, and technology adoption.
    3. Diversification of Species: The market sees a trend towards diversification in farmed species, with increased focus on non-traditional and high-value species to meet evolving consumer preferences.
    4. Traceability and Certification: Consumer demand for transparency and sustainability is driving the adoption of traceability systems and certifications in the aquaculture industry, ensuring responsible and ethical practices.
    5. Rise of Land-Based Aquaculture: Land-based aquaculture systems, including RAS and closed-containment systems, are gaining prominence due to their reduced environmental impact, biosecurity advantages, and the ability to control water parameters.
    Application & Product Insights:
    1. Smart Farming Technologies:
    • Insights: Aquaculture systems incorporate smart technologies for monitoring, feeding automation, and environmental control.
    • Products: IoT sensors, automated feeding systems, water quality monitoring devices.
    2. Sustainable Feed Solutions:
    • Insights: Shift towards alternative and sustainable feed sources to reduce environmental impact.
    • Products: Plant-based feeds, insect-based feeds, single-cell protein.
    3. Aquatic Health Products:
    • Insights: Focus on disease prevention and health management through probiotics, vaccines, and advanced health monitoring.
    • Products: Aquatic vaccines, probiotics, health monitoring systems.
    4. Recirculating Aquaculture Systems (RAS):
    • Insights: Increasing adoption of RAS for efficient water use, reduced environmental impact, and biosecurity benefits.
    • Products: RAS technology, closed-containment systems.
    5. Aquaponics Solutions:
    • Insights: Integration of aquaculture with hydroponics for sustainable and symbiotic farming systems.
    • Products: Aquaponics kits, integrated aquaculture-hydroponics systems.
    Ask For Discount: https://www.econmarketresearch.com/request-discount/EMR00246/
    Risk Analysis:
    1. Disease Outbreaks:
    • Risk: Aquatic health remains a significant concern, with the potential for disease outbreaks impacting production.
    • Mitigation: Implement strict biosecurity measures, invest in health monitoring, and adopt preventive health management practices.
    2. Environmental Impact:
    • Risk: Aquaculture practices may contribute to environmental degradation, including water pollution and habitat disruption.
    • Mitigation: Embrace sustainable farming practices, adhere to environmental regulations, and invest in eco-friendly technologies.
    3. Market Volatility:
    • Risk: Fluctuations in market demand, prices, and external factors may impact the financial stability of aquaculture operations.
    • Mitigation: Diversify production, explore value-added products, and engage in market forecasting and planning.
    4. Supply Chain Challenges:
    • Risk: Disruptions in the supply chain, including transportation and logistics issues, may affect the timely delivery of aquaculture products.
    • Mitigation: Establish resilient supply chains, explore local markets, and invest in contingency planning.
    5. Regulatory Compliance:
    • Risk: Evolving regulations and certification requirements may pose challenges for aquaculture operations.
    • Mitigation: Stay informed on regulatory changes, adhere to industry standards, and invest in compliance measures.
    Get more Information: https://www.econmarketresearch.com/industry-report/aquaculture-market/
    Aquatic Symphony: Technological Crescendos Reshaping Global Aquaculture. 1. Technological Aquascapes: Recent developments showcase the integration of advanced technologies, such as IoT and AI, in aquaculture systems for real-time monitoring, automated feeding, and water quality management. 2. Request Sample: https://www.econmarketresearch.com/request-sample/EMR00246/ Market Size and Trends: 1. Steady Market Growth: The global aquaculture market continues to grow steadily, driven by increasing demand for seafood, population growth, and a shift towards healthier protein sources. 2. Asia-Pacific Dominance: Asia-Pacific remains a dominant player in the aquaculture market, with countries like China, India, and Vietnam leading in production, innovation, and technology adoption. 3. Diversification of Species: The market sees a trend towards diversification in farmed species, with increased focus on non-traditional and high-value species to meet evolving consumer preferences. 4. Traceability and Certification: Consumer demand for transparency and sustainability is driving the adoption of traceability systems and certifications in the aquaculture industry, ensuring responsible and ethical practices. 5. Rise of Land-Based Aquaculture: Land-based aquaculture systems, including RAS and closed-containment systems, are gaining prominence due to their reduced environmental impact, biosecurity advantages, and the ability to control water parameters. Application & Product Insights: 1. Smart Farming Technologies: • Insights: Aquaculture systems incorporate smart technologies for monitoring, feeding automation, and environmental control. • Products: IoT sensors, automated feeding systems, water quality monitoring devices. 2. Sustainable Feed Solutions: • Insights: Shift towards alternative and sustainable feed sources to reduce environmental impact. • Products: Plant-based feeds, insect-based feeds, single-cell protein. 3. Aquatic Health Products: • Insights: Focus on disease prevention and health management through probiotics, vaccines, and advanced health monitoring. • Products: Aquatic vaccines, probiotics, health monitoring systems. 4. Recirculating Aquaculture Systems (RAS): • Insights: Increasing adoption of RAS for efficient water use, reduced environmental impact, and biosecurity benefits. • Products: RAS technology, closed-containment systems. 5. Aquaponics Solutions: • Insights: Integration of aquaculture with hydroponics for sustainable and symbiotic farming systems. • Products: Aquaponics kits, integrated aquaculture-hydroponics systems. Ask For Discount: https://www.econmarketresearch.com/request-discount/EMR00246/ Risk Analysis: 1. Disease Outbreaks: • Risk: Aquatic health remains a significant concern, with the potential for disease outbreaks impacting production. • Mitigation: Implement strict biosecurity measures, invest in health monitoring, and adopt preventive health management practices. 2. Environmental Impact: • Risk: Aquaculture practices may contribute to environmental degradation, including water pollution and habitat disruption. • Mitigation: Embrace sustainable farming practices, adhere to environmental regulations, and invest in eco-friendly technologies. 3. Market Volatility: • Risk: Fluctuations in market demand, prices, and external factors may impact the financial stability of aquaculture operations. • Mitigation: Diversify production, explore value-added products, and engage in market forecasting and planning. 4. Supply Chain Challenges: • Risk: Disruptions in the supply chain, including transportation and logistics issues, may affect the timely delivery of aquaculture products. • Mitigation: Establish resilient supply chains, explore local markets, and invest in contingency planning. 5. Regulatory Compliance: • Risk: Evolving regulations and certification requirements may pose challenges for aquaculture operations. • Mitigation: Stay informed on regulatory changes, adhere to industry standards, and invest in compliance measures. Get more Information: https://www.econmarketresearch.com/industry-report/aquaculture-market/
    WWW.ECONMARKETRESEARCH.COM
    Aquaculture Market Size, Share, Growth, Forecast to 2031
    The Global Aquaculture Market is estimated to reach approximately USD 78.47 billion by 2031, at a CAGR of 7.4% from 2023 to 2031.
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  • North America had a Considerable Share in Sports Technology Market

    The total revenue generated by the sports technology market was USD 13,545 million in 2022, and it will power at a CAGR of 18.60% in the years to come, to reach USD 53,020 million by 2030, as stated by a report of P&S Intelligence.

    The sports analytics category will grow the fastest at the rate of 19.6%, in the years to come. This can be due to the fact that sports technology can be utilized in performance analysis of the team, player analysis, health assessment, data interpretation, hospitality management, sales and marketing management, and others.

    For example, Wimbledon and IBM, in June 2022, revealed a digital platform for player understandings.

    The basketball category will grow the fastest at a rate of 19.1% in the near future. The growth is mainly because of the rapid acceptance of technology including mobile apps, heart rate monitoring sensors, data analytics, and wearable devices in this game for performance enhancement of the players.

    Furthermore, the rugby category has revealed substantial development in the industry. Sports technology can grab the attention with the growing use of IoT sensors in this game.

    It allows players to understand the collision impact of opponents in between the game and allows them to make smart choices to form a better game plan.

    MEA will grow steadily at a rate of over 19% in the years to come. The growth has a lot to do with the forthcoming mega sporting events.

    Furthermore, governments take quite a few steps for broadening their economy by investing in sporting events.

    North America had a considerable share in the sports technology market in 2022, and it will continue like this in the years to come. This is since the requirement for sports technology is high, as a result of the presence of more than a few software companies, and the progressive culture of events, leagues, and games.

    The U.S. holds the majority of the share. This is as a result of the obtainability of improved and better-quality sports technology platforms and products, the growing use of internet, the launch of pioneering video game consoles, and the high purchasing power.

    Organizers of sports events are funding digital techs to make distinct game-viewing experiences in stadiums and on gadgets. Owners of the stadiums are improving their stadiums with technologies, for example location-based services, 360-degree ultra-high-definition cameras, Wi-Fi, digital kiosks, and digital signage, for enhancing the experience of the fans in the stadiums.

    It is because of the increasing need of tracking the health and fitness of the players, the increase in demand for sports technology will continue to grow in the years to come.

    Read More: https://www.psmarketresearch.com/market-analysis/sports-technology-market
    North America had a Considerable Share in Sports Technology Market The total revenue generated by the sports technology market was USD 13,545 million in 2022, and it will power at a CAGR of 18.60% in the years to come, to reach USD 53,020 million by 2030, as stated by a report of P&S Intelligence. The sports analytics category will grow the fastest at the rate of 19.6%, in the years to come. This can be due to the fact that sports technology can be utilized in performance analysis of the team, player analysis, health assessment, data interpretation, hospitality management, sales and marketing management, and others. For example, Wimbledon and IBM, in June 2022, revealed a digital platform for player understandings. The basketball category will grow the fastest at a rate of 19.1% in the near future. The growth is mainly because of the rapid acceptance of technology including mobile apps, heart rate monitoring sensors, data analytics, and wearable devices in this game for performance enhancement of the players. Furthermore, the rugby category has revealed substantial development in the industry. Sports technology can grab the attention with the growing use of IoT sensors in this game. It allows players to understand the collision impact of opponents in between the game and allows them to make smart choices to form a better game plan. MEA will grow steadily at a rate of over 19% in the years to come. The growth has a lot to do with the forthcoming mega sporting events. Furthermore, governments take quite a few steps for broadening their economy by investing in sporting events. North America had a considerable share in the sports technology market in 2022, and it will continue like this in the years to come. This is since the requirement for sports technology is high, as a result of the presence of more than a few software companies, and the progressive culture of events, leagues, and games. The U.S. holds the majority of the share. This is as a result of the obtainability of improved and better-quality sports technology platforms and products, the growing use of internet, the launch of pioneering video game consoles, and the high purchasing power. Organizers of sports events are funding digital techs to make distinct game-viewing experiences in stadiums and on gadgets. Owners of the stadiums are improving their stadiums with technologies, for example location-based services, 360-degree ultra-high-definition cameras, Wi-Fi, digital kiosks, and digital signage, for enhancing the experience of the fans in the stadiums. It is because of the increasing need of tracking the health and fitness of the players, the increase in demand for sports technology will continue to grow in the years to come. Read More: https://www.psmarketresearch.com/market-analysis/sports-technology-market
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    Sports Technology Market Demand Forecast Report, 2023-2030
    The sports technology market size stood at USD 13,545 million in 2022, and it is expected to advance at a compound annual growth rate of 18.60% during 2022–2030.
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  • Precision Farming Application Dominated AI in Agriculture Market

    By 2050, the population will increase by 9.8 billion, predicts the UN Food and Agriculture Organization. On the other hand, just 4% more land will be farmed by then. In this view, one of the most important criteria is still the employment of advanced technical solutions to increase farming efficiency.

    While AI has numerous immediate applications in a variety of industries, such as farming, it will also improve crop quality and speed up the time it takes to get commodities to the industry. The AI in agriculture market is expected to touch USD 8,308.5 million by 2030, as per P&S Intelligence.

    This is largely attributed to the rising need for high agricultural production, the expanding focus on improved crop management, and the expanding use of drones for pesticide spraying, as well as the growing adoption of the IoT in the agricultural industry.

    Precision farming had the highest revenue share, at around 35%. This is because there is a growing need to produce crops with the highest yield possible given the limited resources at hand, which lowers the cost of agricultural production.

    Additionally, the market for precision farming is being driven by the IoT's growing adoption in the agriculture sector. For irrigation control, field mapping, and other purposes, agricultural producers and managers are utilizing the capabilities of GNSS and GPS systems, sensors, and automated steering devices.

    The industry category with the highest predicted CAGR, above 25%, is drone analytics. This is due to the increased need for high-quality food crops to meet the expanding global population and the growth in venture investment for the development of drones.

    Further, there is an increase in the use of commercial drones in key application sectors such as power and utilities, precision agriculture, and media and entertainment.

    The usage of mobile devices and cloud computing is expanding, and IoT is becoming more popular due to its many advantages, including its capacity to manage massive amounts of both organized and unstructured data.

    Moreover, IoT sensors, for instance, are used in agricultural activities to give farmers important information regarding, among other things, soil nutrition, crop yields, rainfall, and insect infestation. Such information is beneficial for increasing crop productivity and provides accurate data that can be utilized to increase farming practices and product quality.

    Additionally, as the world's population grows, so does the demand for cutting-edge agricultural technologies to boost food production. As a result, agricultural businesses and farmers are quickly embracing the advantages of IoT for crop analytics and increased production capacity to satisfy the need for more food.

    As a result, the market is being driven by increased usage of IoT technology in agricultural applications due to the growing need for smart agriculture and precise farming.

    One significant trend in the business is the growing usage of robots in agriculture. Farming techniques are getting more complex and advanced as technology is used in agriculture more and more.

    Furthermore, there is an increase in the usage of agricultural robots globally due to the expanding world population, a shortage of farm employees, and industrial automation in agriculture.

    The main goals of agricultural stakeholders are to increase output productivity via the use of modern farming techniques and lessen the overall carbon imprint. As a result, there is a growing need for robots. Additionally, robotics businesses are launching products with AI-enabled capabilities to function in unpredictable and dynamic agricultural contexts.

    Read More: https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-agriculture-market
    Precision Farming Application Dominated AI in Agriculture Market By 2050, the population will increase by 9.8 billion, predicts the UN Food and Agriculture Organization. On the other hand, just 4% more land will be farmed by then. In this view, one of the most important criteria is still the employment of advanced technical solutions to increase farming efficiency. While AI has numerous immediate applications in a variety of industries, such as farming, it will also improve crop quality and speed up the time it takes to get commodities to the industry. The AI in agriculture market is expected to touch USD 8,308.5 million by 2030, as per P&S Intelligence. This is largely attributed to the rising need for high agricultural production, the expanding focus on improved crop management, and the expanding use of drones for pesticide spraying, as well as the growing adoption of the IoT in the agricultural industry. Precision farming had the highest revenue share, at around 35%. This is because there is a growing need to produce crops with the highest yield possible given the limited resources at hand, which lowers the cost of agricultural production. Additionally, the market for precision farming is being driven by the IoT's growing adoption in the agriculture sector. For irrigation control, field mapping, and other purposes, agricultural producers and managers are utilizing the capabilities of GNSS and GPS systems, sensors, and automated steering devices. The industry category with the highest predicted CAGR, above 25%, is drone analytics. This is due to the increased need for high-quality food crops to meet the expanding global population and the growth in venture investment for the development of drones. Further, there is an increase in the use of commercial drones in key application sectors such as power and utilities, precision agriculture, and media and entertainment. The usage of mobile devices and cloud computing is expanding, and IoT is becoming more popular due to its many advantages, including its capacity to manage massive amounts of both organized and unstructured data. Moreover, IoT sensors, for instance, are used in agricultural activities to give farmers important information regarding, among other things, soil nutrition, crop yields, rainfall, and insect infestation. Such information is beneficial for increasing crop productivity and provides accurate data that can be utilized to increase farming practices and product quality. Additionally, as the world's population grows, so does the demand for cutting-edge agricultural technologies to boost food production. As a result, agricultural businesses and farmers are quickly embracing the advantages of IoT for crop analytics and increased production capacity to satisfy the need for more food. As a result, the market is being driven by increased usage of IoT technology in agricultural applications due to the growing need for smart agriculture and precise farming. One significant trend in the business is the growing usage of robots in agriculture. Farming techniques are getting more complex and advanced as technology is used in agriculture more and more. Furthermore, there is an increase in the usage of agricultural robots globally due to the expanding world population, a shortage of farm employees, and industrial automation in agriculture. The main goals of agricultural stakeholders are to increase output productivity via the use of modern farming techniques and lessen the overall carbon imprint. As a result, there is a growing need for robots. Additionally, robotics businesses are launching products with AI-enabled capabilities to function in unpredictable and dynamic agricultural contexts. Read More: https://www.psmarketresearch.com/market-analysis/artificial-intelligence-in-agriculture-market
    WWW.PSMARKETRESEARCH.COM
    AI in Agriculture Market Size & Share Forecast Report 2030
    The artificial intelligence (AI) in agriculture market size stood at $1,254.6 million in 2022, and it is expected to advance at a compound annual growth rate of 26.7% during 2022–2030.
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