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Showing posts from July, 2023

AI in Manufacturing Market to be Worth $29.1 Billion by 2030

  Meticulous Research ® —a leading global market research company, published a research report titled , ‘ AI in Manufacturing Market  by Component, Technology (ML, NLP, Computer Vision), Application (Predictive Maintenance & Machinery Inspection, Quality Management, Supply Chain Optimization), End-use Industry - Global Forecast to 2030.’ According to this latest publication from Meticulous Research ® , the AI in manufacturing market is projected to reach $29.1 billion by 2030, at a CAGR of 42.1% during the forecast period.The growth of the AI in manufacturing market is driven by the advent of Industry 4.0, increasing volume of complex datasets, and the rising adoption of industrial IoT and automation. However, high procurement & operating cost and a lack of infrastructure may restrain the market's growth. The growing scale of manufacturing operations in emerging economies, rising acceptance of modern manufacturing techniques, and increasing deployment of autom...

Plant-Based Food Processing Equipment Market to Reach $7.79 Billion by 2030

  Meticulous Research ® —a leading global market research company, published a research report titled  “ Plant-based Food Processing Equipment Market  by Type (Dryers, Mixers & Grinders, Pasteurizers); by Mode of Operation (Semi-automatic, Automatic); by Production Facility Size (Small & Medium Scale, Large Scale); and Geography - Global Forecasts to 2030”. According to this latest publication from Meticulous Research ® , the plant-based food processing equipment market is projected to reach $7.79 billion by 2030, at a CAGR of 5.2% from 2023 to 2030. The growth of this market is mainly driven by factors such as the increasing demand for plant-based foods, innovations in plant-based food processing equipment, and increasing investments in the plant-based food processing industry. However, the high cost of food processing equipment restrains the growth of this market. Plant-based food processing equipment can be more expensive than equipment used for animal-based ...