Artificial Intelligence
China Smart Agriculture and Autonomous Agricultural Machinery Market Report, 2022
New York, June 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “China Smart Agriculture and Autonomous Agricultural Machinery Market Report, 2022” – https://www.reportlinker.com/p06286412/?utm_source=GNW
Since 2022, the FAO (Food and Agriculture Organization) Food Price Index (FFPI) of has been soaring.
The No.1 central document, which is issued by China’s central authorities in 2022, pointed out, “We must firmly hold the bottom lines of guaranteeing China’s grain security and ensuring there will be no large-scale return to poverty.” It also called for greater efforts in the construction of digital villages, development of smart agriculture, as well as integrated application of information technology, agricultural machinery and agronomy. The outline of the “14th Five-Year Plan” mentioned that it is necessary to accelerate the development of smart agriculture and promote the digital transformation of agricultural production, operation and management services. The government’s work report in 2022 stipulated “the development of digital villages” for the first time, signaling an important way to realize the modernization of agriculture and rural areas.
The CAGR of China’s smart agriculture market size exceeds 14.1%, and agricultural digitalization generates a potential market
It is estimated that by 2025, the total output value of smart agriculture in the world will reach USD68.389 billion. In Asia-Pacific, the fastest growing region, smart agriculture mainly includes precision agriculture in fields, smart animal husbandry, smart fishery, and smart greenhouses; main technologies include remote sensing and sensor systems, agricultural big data and cloud service technology, intelligent agricultural equipment (UAVs, robots).
According to UN projections on population and hunger, the global population will increase by 2 billion by 2050, and agricultural productivity will need to increase by 60% to provide adequate food. Artificial intelligence and machine learning are likely to be at the core of new technologies to help close the gap in anticipated food needs for an additional 2 billion people worldwide by 2050. Global spending on connected smart farming technologies and systems, including artificial intelligence and machine learning, will grow significantly in the future.
In China, the increasing demand for modern agricultural machinery and the continuous R&D and application of new technologies will promote the sustained and rapid growth of the smart agriculture market. Driven by stimuli such as the national rural revitalization strategy and the national digital agriculture strategy, a potential agriculture market appeals to giants like Alibaba, JD.com, Baidu, and Tencent that have deployed smart agriculture to promote the construction of smart agriculture in China.
Smart agriculture is the starting point of rural revitalization. The encouragement and benefits at the macro level have spurred a large number of technology companies to smart agriculture, covering all sectors ranging from production to marketing. More and more technology start-ups bring a lot of capital while flocking into smart agriculture construction.
In the future, smart agriculture will see rapid growth under the influence of favorable policies, application of innovative technologies and capital support.
Smart agriculture is widely used at the micro level, with the top-level design in the planning and design stage
When it comes to smart agriculture, agricultural planting is in the spotlight. The main technologies involved herein include intelligent water and fertilizer integration, agricultural IoT monitoring, satellite remote sensing/meteorology/UAV-based aerial surveys with remote sensing, plant protection UAVs, autonomous agricultural machinery, and plant chemical factories. However, smart agriculture is far more than just agricultural planting where application cases are ubiquitous.
Smart agriculture covers the entire industrial chain of agricultural production, distribution and marketing, mainly including four application scenarios: digital agriculture (data platform services), plant protection UAVs, precision agriculture, and autonomous agricultural machinery. It is widely used in agricultural planting and animal husbandry. Wherein, data platform services and plant protection UAVs account for 75% of the total.
In China, there are many smart agriculture projects, and UAVs and autonomous agricultural machinery have developed rapidly. Chinese products can compete with foreign counterparts. The development potential of UAVs and autonomous agricultural machinery is enormous. However, China is still planning smart agriculture with the ongoing top-level design:
The construction of big data platforms is relatively late: the Big Data Center of the Ministry of Agriculture and Rural Affairs of China (MARA) was established in 2021. The top-level design of China’s agricultural and rural big data system construction has entered the stage of practical operation; by contrast, foreign agricultural big data platforms have developed for more than ten years, for example, the United States started building agricultural informatization in the 1950s, and supported smart agriculture through the establishment of agricultural informatization systems and agricultural databases with the state as the entity.
The top-level design of digital villages is being planned: since 2021, domestic local governments and Internet companies have launched their own top-level design for digital villages, such as 2021 Pukou’s suburban digital villages, Tencent’s top-level design for digital villages, the overall architecture of Alibaba Cloud Big Data Center, Tencent’s digital village system architecture, China Unicom’s overall digital village architecture, and Huawei’s overall business architecture for digital agriculture and rural areas. The top-level design has not yet been implemented. Mostly, the projects about autonomous planting, breeding and regional big data analysis platforms have been performed.
The UAV market is highly concentrated: 160,000 agricultural UAVs existed in China in 2021 with a year-on-year increase of 60%, and they served over 1.4 billion mu of land. DJI and XAG occupy more than 90% market share.
The pattern of autonomous agricultural machinery industry is unsettled: China’s best-selling autonomous agricultural machinery systems in 2021 included those from Heilongjiang Huida Technology Development Co., Ltd., Shanghai CHCNAV Co., Ltd. and Hunan Xiangshu Big Data Technology Co., Ltd. which adopted the BeiDou Navigation Satellite System. In 2021, the sales pattern of the BeiDou Navigation Satellite System changed significantly, and the dark horse sprung up, as a result of the sharp drop in the price of automatic navigation equipment.
Autonomous agricultural machinery has seen a higher sales volume but a lower price. It is experiencing a mature development period, with the market penetration rate swelling
In recent years, China’s autonomous agricultural machinery systems have developed radically. They have been just applied in northern regions (Xinjiang and Heilongjiang), while they are still in the germination stage in other areas of China where the farmland scale is moderate. Despite the regional imparity, China’s autonomous agricultural machinery systems as a whole have been growing swiftly.
More than 65,000 sets of the BeiDou Navigation Satellite System had been deployed for agricultural machinery as of 2021 when China might boast over 4.6 million domestic large and medium-sized agricultural tractors, which means the penetration rate of autonomous agricultural machinery systems was 1.4%. Among agricultural machinery, tractors are the first that realize autonomous driving in China. It is expected that the penetration rate of autonomous agricultural machinery systems will reach 6.5% by 2025 and about 20% by 2035.
The penetration rate of autonomous agricultural machinery systems in China is much lower than that in Europe and the United States. The EU plans to have 50% of agricultural machinery equipped with automatic navigation driving systems by 2025. According to Purdue University, the penetration rate of automatic navigation for agricultural machinery in the US hit 90% in 2019.
In 2020, the average price of autonomous agricultural machinery systems and equipment in China was RMB50,000-60,000 per set. In 2021, the substantial reduction in the subsidy standard dragged down the average price of automatic navigation equipment to only RMB36,000 per set.
With the completion of the ground base station network and the improvement of agricultural electrical control systems, the price of China’s autonomous agricultural machinery systems and equipment will decline slowly in the future, may be less than RMB25,000 per set by 2025.
In March 2022, China Association of Agricultural Machinery Manufacturers, China Agricultural Mechanization Herald, and China Agricultural Machinery Distribution Association jointly released the 2021 Best-selling Agricultural Machinery List (by the sales volume of subsidized agricultural machinery as of December 31, 2021), honoring Heilongjiang Huida Technology Development Co., Ltd., Shanghai CHCNAV Co., Ltd. and Hunan Xiangshu Big Data Technology Co., Ltd. which adopted the BeiDou Navigation Satellite System, as well as praising Heilongjiang Huida Technology Development Co., Ltd., Golden Field Technology Co., Ltd. and Beijing Agricultural Intelligent Equipment Technology Research Center for their best-selling agricultural operation monitoring terminals.
Read the full report: https://www.reportlinker.com/p06286412/?utm_source=GNW
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Artificial Intelligence
Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow
Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.
Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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View original content:https://www.prnewswire.co.uk/news-releases/global-insurance-provider-selects-3clogic-to-streamline-ai-and-contact-center-capabilities-with-servicenow-302127739.html
Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.”
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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View original content:https://www.prnewswire.co.uk/news-releases/screenpoint-medical-leadership-transition-pieter-kroese-confirmed-as-ceo-302127719.html
WESTFORD, Mass., April 25, 2024 /PRNewswire/ — The growing need for automation, technological developments, and long-term cost reductions are driving a robust expansion in the worldwide robotics market. SkyQuest projects that Global Robotics Market size is poised to grow from USD 41.50 Billion in 2023 to USD 126.96 Billion by 2031, at a CAGR of 15% during the forecast period (2024-2031).
Download a detailed overview:
https://www.skyquestt.com/report/robotics-market
Browse in-depth TOC on the “Robotics Market”
Pages – 202Tables – 64Figures – 75Robotics Market Overview:
Report Coverage
Details
Market Revenue in 2023
$41.50 billion
Estimated Value by 2031
$126.96 billion
Growth Rate
Poised to grow at a CAGR of 15%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Application, End Users, and Region
Geographies Covered
North America, Europe, Asia Pacific, and the Rest of the world
Report Highlights
Collaborative Robotics
Key Market Opportunities
Prompting Several Industries to Adopt Automation Technologies
Key Market Drivers
Increasing Demand for Automation
Surge of Automation is Supporting Growth of Robotics Industry
The industrial sector is generating high revenues for the global robotics market owing to extensive automation in manufacturing, which increases productivity and lowers overall production costs. Assembly line, painting, and welding robots have become essential, thereby propelling substantial market expansion in the automotive, electronics, and heavy duty sectors. Due to the increased usage of robots for non-manufacturing functions such as customer service, shipping, and healthcare, the services sector is expanding quickly. This rapid growth is being driven by technological improvements and the push for automation in services.
Surge in Advance Robotics is Bolstering Market Growth
The use of robotics in manufacturing processes is growing, and innovation in this field is happening quickly worldwide. By increasing productivity, efficiency, and precision, advanced robotics technologies—such as AI-driven automation systems and collaborative robots, or cobots—are transforming the manufacturing sector. The dominance of manufacturing in the worldwide robotics market is fuelled by the integration of robotics into manufacturing facilities, which helps businesses remain competitive in today’s dynamic market scenario.
Rising Interest in Service Robotics is Driving Demand for Robotics in Asia Pacific
Due to the strong demand for industrial and service robots in the region, Asia Pacific now leads the global robotics industry. China, Japan, and South Korea are among the nations that have made significant investments in the robotics sector recently. The Middle East and Africa are anticipated to register the fastest-growing rate for the global robotics market. The expansion is ascribed to the region’s growing adoption of automation technology, especially in the manufacturing and logistics industries.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/robotics-market
Drivers:
Increasing Demand for AutomationAdvancements in AI and Machine Learning TechnologiesRestraints:
High Initial InvestmentsLack of Skilled WorkforceProminent Players in Global Robotics Market:
FANUC America Corporation (US)Epson Robotics (Japan)Staubli International AG (Switzerland)YRG Inc. (US)Comau S.p.A. (Italy)Northrop Grumman Corporation (US)Honda Motor Co., Ltd. (Japan)Seiko Epson Corporation (Japan)Yamaha Motor Co., Ltd. (Japan)Adept Technology, Inc. (US)View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/robotics-market
Key Questions Answered in Global Robotics Market Report
How big is the global robotics market, and what compound annual growth rate (CAGR) is it anticipated to deliver between 2024 and 2031?Which industries are fuelling the need for automation and fostering the expansion of the robotics sector?What impact have recent technological advancements and innovations had on the direction of the robotics market?Which well-known companies in the robotics industry are also major players in the global robotics market?This report provides the following insights:
Analysis of key drivers (increasing demand for automation across industries, improved the overall efficiency, productivity of the processes, demand for automation), restraints (high initial investments, difficult for small and medium-sized enterprises to invest, robots, sensors, and other equipment required not delivered), opportunities (advancements in AI and machine learning technologies, new opportunities for the robotics market, perform complex tasks with high accuracy), and challenges (lack of skilled workforce, maintenance of these robotics systems) influencing the growth of robotics marketMarket Penetration: Comprehensive information on the product portfolios offered by the top players in the robotics marketProduct Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the robotics marketMarket Development: Comprehensive information on lucrative emerging regionsMarket Diversification: Exhaustive information about new products, growing geographies, and recent developments in the marketCompetitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and products of the leading market players.Related Reports:
Global Service Robotics Market
Global Soft Robotics Market
Global Warehouse Robotics Market
Global Cloud Robotics Market
Global Robotic Welding Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyquest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
View original content:https://www.prnewswire.co.uk/news-releases/robotics-market-to-surpass-usd-126-96-billion-by-2031–skyquest-technology-302127230.html
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