Artificial Intelligence
The global market for Autonomous Farm Equipment is projected to reach US$128.8 billion by 2025
New York, Sept. 04, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Autonomous Farm Equipment Industry” – https://www.reportlinker.com/p05818534/?utm_source=GNW
All of these factors catalyze the concerns surrounding food security, and opens up new revenue possibilities and opportunities for automation in agriculture. Achieving sustainable food security supported by self-sustaining agricultural mechanization strategy is emerging as the cornerstone for the growth of automation in agriculture. Benefits of mechanized agriculture practices include increase in crop yields per acre; increase in agricultural production; productivity enhancements; increased efficiency of farming; lower costs; improved farm profitability; enables more land reclamation; prevents soil erosion; enables the shift from `subsistence farming` to commercial agriculture; addresses the problem of labor shortages; and better use of land. All these benefits help in increased crop production thereby increasing food supply, the key to meeting food security goals.
A key trend in the market is the effervescent developments in artificial intelligence (AI) which has the potential to catapult autonomous farm equipment into the next level of efficiency in farming. Autonomous farming systems provide better ways to grow crops. For instance, machine vision powered agri-robots can monitor and spray herbicides only on weeds so as to prevent herbicide resistance; deep learning and image vision embedded equipment aid in smart crop and soil health monitoring helping lessen the annual cost of soil erosion which is over US$46 billion in the U.S alone; lightweight smaller robots alleviate soil compaction issues and help increase crop yields by over 10%; autonomous AI-powered fruit picking machine picks only mature fruits saving humans repetitive tasks; crop spraying drones significantly reduce the amount of pesticides and insecticides used and eliminates the risk of overspray. The United States and Europe represent the largest markets worldwide with a combined share of 52.7%. China ranks as the fastest growing market with a 16.7% CAGR over the analysis period against the backdrop of the emergence of smart agriculture as a new industry in the country. Farming methods and practices are rapidly changing in China. From Northwestern Xinjiang to Jiansanjiang, several pilot projects are underway involving driverless tractors, satellites, drones, pest-detecting cameras and farmerless farms. Asia-Pacific excluding China follows next with a 16.4% CAGR with India and other Southeast Asian countries, also racing to digitalize farming.
Read the full report: https://www.reportlinker.com/p05818534/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Growing Population & Food Security Concerns, the Foundation for
the Growth of Agricultural Equipment
Long Term Focus on Feeding the World as Population Touches a
Projected 9.2 Billion by 2045 to Sustain the Growth of
Mechanized Farm Equipment: Global Population (in 000s) by
Region for the Years 2018, 2025, 2035 & 2045
Climate Change Adds Fuel to the Already Burning Issue of Food
Security
The World of Change Characterized by Rising Surface
Temperatures on Earth & its Negative Impact on Agriculture
Increases the Reliance on Advanced Farming Systems &
Technologies to Sustain Crop Production: Average Global
Surface Temperature (In Degrees Fahrenheit) for the Years
1940, 2000 and 2020
What this Means for Autonomous Farm Equipment?
Global Competitor Market Shares
Autonomous Farm Equipment Competitor Market Share Scenario
Worldwide (in %): 2022E
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Declining Agricultural Land Productivity Sets the Stage for
Transformation in Farming
Loss of Arable Land Exerts Immense Pressure on Yields Per Acre:
Global Availability of Arable Land as a % of Total Land Area &
Hectares Per Person for the Years 1990, 2000, 2018 and 2020
Growing Investments in Smart Farming & Increased Use of IoT in
Agriculture Preps the Market for Robust Growth
Rise of Smart Agriculture Sets the Stage for Adoption of
Automated Farming Technologies: Global Smart Agriculture
Market Worldwide (In US$ Billion) for the Years 2019 & 2024
Increased Deployment of IoT in Agriculture Strengthens the
Business Case for Autonomous Farm Equipment: Global
Agricultural IoT Market (In US$ Billion) for the Years 2019 &
2024
Innovation in Advanced Robotics Plays a Key Role in the
Commercialization of Autonomous Farm Equipment
Continuous R&D in Robotics & the Ensuing Expansion of the
Robotics Market Bodes Keeps the Innovation Wheel Well Oiled
for Agricultural Robotic Solutions: Global Market for
Robotics (In US$ Billion) for the Years 2019 & 2024
GPS Systems & Navigation Emerge to Be Indispensable in
Autonomous Farm Equipment
Technology Penetration of High-Precision GPS Vital in Making
Autonomous Vehicles a Reality: Global Positioning Systems:
(GPS) Market Worldwide (In US$ Billion) for the Years 2019,
2022 and 2025
Developments in Artificial Intelligence (AI), Machine Vision &
Machine Learning Remain Critical to Commercialization & Growth
Opening Up of Opportunities for AI in Agriculture to Push Up
the Innovation Index in the Market: Artificial Intelligence:
(AI) in Agriculture Worldwide (In US$ Million) for the Years
2019, 2022 and 2025
Robust Government Budgets for Autonomous Agricultural
Technology in Support of Food Security Goals to Benefit Market
Growth
Backed by Government Funding & Support, Automation in
Agriculture Gains Ground: Percentage Share (%) of Government
Expenditure on Agriculture in Total Budgets by Region for the
Years 2010, 2015, 2019 and 2021
Worsening Labor Shortages & Rising Labor Costs Drives Interest
in Autonomous Equipment
Shrinking Labor for Agriculture Raises the Red Flag Spurring
Agriculture on the Road to Automation: Percentage (%) of
Agricultural Workers in the Global Workforce for the Years
1992, 2019 & 2022
As a Bridge to Fully Autonomous Vehicles, Partially Autonomous
Vehicles Enjoy Significant Market Dominance
Driverless Tractors, the Future of Farming on Large Farmlands
Farm Consolidation & Increase in Average Size of Farm Pave the
Way for the Deployment of Driverless Tractors: Average Size of
Farms (In Hectares) by Region/Country for the Year 2019
Agricultural Drones Emerge to Revolutionize Farming in the 21st
Century
Expanding Applications of Commercial Drones Supported by
Progressive Improvements in Functionality to Help Autonomous
Farm Equipment Cross the Chasm Between Early Adoption to Mass
Adoption: Global Commercial Drone Market (In US$ Billion)
for the Years 2019, 2022 and 2024
Emergence of Flying Robots as the New Face of Robotics Coupled
With Effervescent R&D in the Space, Paves the Way for
Algorithms, Drones & Robots to Revolutionize Agriculture &
Farming: Global % Share Spending on Robotics & Drones for
the Year 2019E
Myriad Benefits Drive the Popularity of Automated Harvesters
Grain Loss During Harvesting Caused by Current Generation
Machines Drives Demand for Smart Autonomous Harvesting
Machines: Corn Head Kernel Loss While Harvesting With a
Combine Harvester
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Autonomous Farm
Equipment by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2020 through 2027
Table 2: World 7-Year Perspective for Autonomous Farm Equipment
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2020 & 2027
Table 3: World Current & Future Analysis for Partially
Autonomous by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2020 through 2027
Table 4: World 7-Year Perspective for Partially Autonomous by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2020 & 2027
Table 5: World Current & Future Analysis for Fully Autonomous
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027
Table 6: World 7-Year Perspective for Fully Autonomous by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2020 & 2027
Table 7: World Current & Future Analysis for Tractors by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027
Table 8: World 7-Year Perspective for Tractors by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2020 & 2027
Table 9: World Current & Future Analysis for Harvesters by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027
Table 10: World 7-Year Perspective for Harvesters by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2020 & 2027
Table 11: World Current & Future Analysis for Other Product
Types by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027
Table 12: World 7-Year Perspective for Other Product Types by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2020 & 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Autonomous Farm Equipment Market Share (in %) by Company:
2019 & 2025
Market Analytics
Table 13: USA Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 14: USA 7-Year Perspective for Autonomous Farm Equipment
by Type – Percentage Breakdown of Value Sales for Partially
Autonomous and Fully Autonomous for the Years 2020 & 2027
Table 15: USA Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 16: USA 7-Year Perspective for Autonomous Farm Equipment
by Product Type – Percentage Breakdown of Value Sales for
Tractors, Harvesters and Other Product Types for the Years 2020 &
2027
CANADA
Table 17: Canada Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 18: Canada 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 19: Canada Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 20: Canada 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
JAPAN
Table 21: Japan Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 22: Japan 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 23: Japan Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 24: Japan 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
CHINA
Table 25: China Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 26: China 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 27: China Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 28: China 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
EUROPE
Market Facts & Figures
European Autonomous Farm Equipment Market: Competitor Market
Share Scenario (in %) for 2019 & 2025
Market Analytics
Table 29: Europe Current & Future Analysis for Autonomous Farm
Equipment by Geographic Region – France, Germany, Italy, UK,
Spain, Russia and Rest of Europe Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 30: Europe 7-Year Perspective for Autonomous Farm
Equipment by Geographic Region – Percentage Breakdown of Value
Sales for France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets for Years 2020 & 2027
Table 31: Europe Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 32: Europe 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 33: Europe Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 34: Europe 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
FRANCE
Table 35: France Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 36: France 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 37: France Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 38: France 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
GERMANY
Table 39: Germany Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 40: Germany 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 41: Germany Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 42: Germany 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
ITALY
Table 43: Italy Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 44: Italy 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 45: Italy Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 46: Italy 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
UNITED KINGDOM
Table 47: UK Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 48: UK 7-Year Perspective for Autonomous Farm Equipment
by Type – Percentage Breakdown of Value Sales for Partially
Autonomous and Fully Autonomous for the Years 2020 & 2027
Table 49: UK Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 50: UK 7-Year Perspective for Autonomous Farm Equipment
by Product Type – Percentage Breakdown of Value Sales for
Tractors, Harvesters and Other Product Types for the Years 2020 &
2027
SPAIN
Table 51: Spain Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 52: Spain 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 53: Spain Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 54: Spain 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
RUSSIA
Table 55: Russia Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 56: Russia 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 57: Russia Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 58: Russia 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
REST OF EUROPE
Table 59: Rest of Europe Current & Future Analysis for
Autonomous Farm Equipment by Type – Partially Autonomous and
Fully Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 60: Rest of Europe 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 61: Rest of Europe Current & Future Analysis for
Autonomous Farm Equipment by Product Type – Tractors,
Harvesters and Other Product Types – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 62: Rest of Europe 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
ASIA-PACIFIC
Table 63: Asia-Pacific Current & Future Analysis for Autonomous
Farm Equipment by Geographic Region – Australia, India, South
Korea and Rest of Asia-Pacific Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 64: Asia-Pacific 7-Year Perspective for Autonomous Farm
Equipment by Geographic Region – Percentage Breakdown of Value
Sales for Australia, India, South Korea and Rest of
Asia-Pacific Markets for Years 2020 & 2027
Table 65: Asia-Pacific Current & Future Analysis for Autonomous
Farm Equipment by Type – Partially Autonomous and Fully
Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 66: Asia-Pacific 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 67: Asia-Pacific Current & Future Analysis for Autonomous
Farm Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 68: Asia-Pacific 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
AUSTRALIA
Table 69: Australia Current & Future Analysis for Autonomous
Farm Equipment by Type – Partially Autonomous and Fully
Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 70: Australia 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 71: Australia Current & Future Analysis for Autonomous
Farm Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 72: Australia 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
INDIA
Table 73: India Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 74: India 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 75: India Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 76: India 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
SOUTH KOREA
Table 77: South Korea Current & Future Analysis for Autonomous
Farm Equipment by Type – Partially Autonomous and Fully
Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 78: South Korea 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 79: South Korea Current & Future Analysis for Autonomous
Farm Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 80: South Korea 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
REST OF ASIA-PACIFIC
Table 81: Rest of Asia-Pacific Current & Future Analysis for
Autonomous Farm Equipment by Type – Partially Autonomous and
Fully Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 82: Rest of Asia-Pacific 7-Year Perspective for
Autonomous Farm Equipment by Type – Percentage Breakdown of
Value Sales for Partially Autonomous and Fully Autonomous for
the Years 2020 & 2027
Table 83: Rest of Asia-Pacific Current & Future Analysis for
Autonomous Farm Equipment by Product Type – Tractors,
Harvesters and Other Product Types – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 84: Rest of Asia-Pacific 7-Year Perspective for
Autonomous Farm Equipment by Product Type – Percentage
Breakdown of Value Sales for Tractors, Harvesters and Other
Product Types for the Years 2020 & 2027
LATIN AMERICA
Table 85: Latin America Current & Future Analysis for
Autonomous Farm Equipment by Geographic Region – Argentina,
Brazil, Mexico and Rest of Latin America Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 86: Latin America 7-Year Perspective for Autonomous Farm
Equipment by Geographic Region – Percentage Breakdown of Value
Sales for Argentina, Brazil, Mexico and Rest of Latin America
Markets for Years 2020 & 2027
Table 87: Latin America Current & Future Analysis for
Autonomous Farm Equipment by Type – Partially Autonomous and
Fully Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 88: Latin America 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 89: Latin America Current & Future Analysis for
Autonomous Farm Equipment by Product Type – Tractors,
Harvesters and Other Product Types – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 90: Latin America 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
ARGENTINA
Table 91: Argentina Current & Future Analysis for Autonomous
Farm Equipment by Type – Partially Autonomous and Fully
Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 92: Argentina 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 93: Argentina Current & Future Analysis for Autonomous
Farm Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 94: Argentina 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
BRAZIL
Table 95: Brazil Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 96: Brazil 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 97: Brazil Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 98: Brazil 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
MEXICO
Table 99: Mexico Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 100: Mexico 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 101: Mexico Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 102: Mexico 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
REST OF LATIN AMERICA
Table 103: Rest of Latin America Current & Future Analysis for
Autonomous Farm Equipment by Type – Partially Autonomous and
Fully Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 104: Rest of Latin America 7-Year Perspective for
Autonomous Farm Equipment by Type – Percentage Breakdown of
Value Sales for Partially Autonomous and Fully Autonomous for
the Years 2020 & 2027
Table 105: Rest of Latin America Current & Future Analysis for
Autonomous Farm Equipment by Product Type – Tractors,
Harvesters and Other Product Types – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 106: Rest of Latin America 7-Year Perspective for
Autonomous Farm Equipment by Product Type – Percentage
Breakdown of Value Sales for Tractors, Harvesters and Other
Product Types for the Years 2020 & 2027
MIDDLE EAST
Table 107: Middle East Current & Future Analysis for Autonomous
Farm Equipment by Geographic Region – Iran, Israel, Saudi
Arabia, UAE and Rest of Middle East Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 108: Middle East 7-Year Perspective for Autonomous Farm
Equipment by Geographic Region – Percentage Breakdown of Value
Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle
East Markets for Years 2020 & 2027
Table 109: Middle East Current & Future Analysis for Autonomous
Farm Equipment by Type – Partially Autonomous and Fully
Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 110: Middle East 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 111: Middle East Current & Future Analysis for Autonomous
Farm Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 112: Middle East 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
IRAN
Table 113: Iran Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 114: Iran 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 115: Iran Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 116: Iran 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
ISRAEL
Table 117: Israel Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027
Table 118: Israel 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 119: Israel Current & Future Analysis for Autonomous Farm
Equipment by Product Type – Tractors, Harvesters and Other
Product Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 120: Israel 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
SAUDI ARABIA
Table 121: Saudi Arabia Current & Future Analysis for
Autonomous Farm Equipment by Type – Partially Autonomous and
Fully Autonomous – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 122: Saudi Arabia 7-Year Perspective for Autonomous Farm
Equipment by Type – Percentage Breakdown of Value Sales for
Partially Autonomous and Fully Autonomous for the Years 2020 &
2027
Table 123: Saudi Arabia Current & Future Analysis for
Autonomous Farm Equipment by Product Type – Tractors,
Harvesters and Other Product Types – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 124: Saudi Arabia 7-Year Perspective for Autonomous Farm
Equipment by Product Type – Percentage Breakdown of Value Sales
for Tractors, Harvesters and Other Product Types for the Years
2020 & 2027
UNITED ARAB EMIRATES
Table 125: UAE Current & Future Analysis for Autonomous Farm
Equipment by Type – Partially Autonomous and Fully Autonomous –
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Artificial Intelligence
More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024
Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.
The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
“Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases.
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit: https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
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Artificial Intelligence
J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit
In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.
In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation.
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.”
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.
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Artificial Intelligence
Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024
SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.
Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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