Connect with us
European Gaming Congress 2024

Artificial Intelligence

Global Smart Greenhouse Market Research Report 2022: AgTech Emerges as New Buzzword in Agricultural Industry

Published

on

Dublin, Sept. 13, 2022 (GLOBE NEWSWIRE) — The “Smart Greenhouse – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

A $2.4 Billion Global Opportunity for Smart Greenhouse by 2026

Amid the COVID-19 crisis, the global market for Smart Greenhouse estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$2.4 Billion by 2026, growing at a CAGR of 9% over the analysis period.

Hardware, one of the segments analyzed in the report, is projected to grow at a 8.5% CAGR, while growth in the Software & Services segment is readjusted to a revised 11.4% CAGR. Smart greenhouse relates to a greenhouse where crops are grown without the involvement of humans and without climatic alterations.

In other words, smart greenhouses are a controlled, self-regulated environment which facilitates controlling the climatic conditions such as humidity, soil moisture, luminosity, and temperature within the greenhouse in real time with the use of electronic systems such as sensors and actuators. Also, automated action is activated on the basis of external environmental changes, which therefore helps create the ideal condition for the growth of plants. The main aim of a smart greenhouse is to augment productivity and generate improved farming results.

Smart greenhouses continuously record and transmit information automatically regarding the crop and the environment. In these greenhouses, data is gathered and transmitted to an IoT platform and algorithms convert it to insights that help understand any irregularities or challenges.

Advertisement
Stake.com

There is on-demand control of lighting and HVAC operations as well as spraying and irrigation functions. Constant data monitoring supports the design of predictive models for forecasting the risks of infection and crop disease. With the use of IoT sensors, several data points can be gathered with great detail. They offer real-time information regarding climatic conditions such as CO2, light exposure, humidity, and temperature within the greenhouse.

The global smart greenhouses market is being propelled by the rising food demand due to growing global population, increasing AI and IoT adoption in the agriculture sector, rising trend of indoor farming, especially in urban locations, and growing governmental efforts to encourage the use of smart agricultural approaches. MetoMotion`s GRoW robot leverages advanced AI-based computers for 3D perception and finds application in greenhouses.

The robot is uniquely built for use in greenhouse, including algorithms (path-planning), and motion control that is flexible. The surging demand for organic foods worldwide is also aiding market growth. Further, the easy monitoring of crops as facilitated by smart greenhouses is augmenting their popularity.

Rising rooftop farming in cities across the world is also boding well for the market. This practice generally includes the use of containers, aeroponics, hydroponics, or green roofs. Such farms use rainwater, have reduced human role, lesser pest attacks on crops, and lower air pollution.

The market is also gaining from the rising popularity of vertical farming technology, and increasing collaboration among private and public players in the agricultural industry. Governments are facing a lot of difficulties in ensuring constant food supplies, due to bourgeoning population and unpredictable weather patterns. In order to address this concern, scientists are devising a wide range of innovative strategies. Under this initiative, farmers are now using high-end Information Technologies for performing various agricultural operations.

Advertisement
Stake.com

Advent of smart greenhouses is bringing a paradigm shift in the way farming was used to be performed earlier. Introduction of wireless sensors are enabling users to gain comprehensive knowledge regarding accurate temperature, carbon dioxide, and humidity levels.

Propelled by their abilities to significantly enhance yield, demand for the novel technologies is witnessing an upward momentum. Innovation holds an important place in today`s highly competitive business scenario and agricultural sector is no exception to this. With an intention of propelling farmers to construct smart green houses, scientists are undertaking various research and development projects.

Growing use of high-end computers and cloud computing technologies are allowing agriculturists to collect and store a broad range of critical data. The novel devices are assisting users in selecting appropriate temperature, water, and humidity levels as per their specific requirements.

One of the major advantages associated with use of novel devices is that they mitigate requirement of integrating additional infrastructure. Introduction of AI and IoT systems are playing an important role in significantly enhancing labor efficiency, along with curtailing energy wastage. As a result, application of the advanced technologies is witnessing a robust surge. Advent of automated climate control, pH sensors, and irrigation devices are assisting farmers in cultivating high-yielding fruits, vegetables, and edible crops.

The novel equipment comprises wireless sensors that allow cultivators to monitor humidity and temperature levels on a real-time basis. Owing to their superior features, the novel devices are gaining traction among various agriculturists and green house owners. Fueled by high growth prospects, several manufacturers are now developing easy to use, sustainable, and high-end IoT-enabled agricultural equipment. Apart from this, companies are also using automated vehicles for easily transporting various agricultural products. Propelled by various advantages associated with their use, demand for automated devices is expected to gain momentum.

Advertisement
Stake.com

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Year 2021 in Review and Near-term Outlook
  • Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
  • The Pandemic Impacts Agricultural Industry Supply Chain
  • Agriculture Industry Accelerates Adoption of Advanced Technologies amid the Pandemic
  • Small Farms Confront Considerable Challenges
  • COVID-19 Pandemic Impact on the Smart Greenhouses Market
  • Smart Agriculture Transforming Traditional Farming
  • An Introduction to Smart Greenhouse
  • Technologies Used in Smart Greenhouses
  • Hydroponic and Non-Hydroponic Greenhouses
  • Benefits of Smart Greenhouse System
  • Global Market Prospects & Outlook
  • Hydroponics Leads the Smart Greenhouses Market
  • Europe: The Leading Regional Market
  • Competition
  • Competitive Market Presence – Strong/Active/Niche for Players Worldwide in 2022 (E)
  • World Brands
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS (Total 206 Featured)

  • Argus Control Systems Ltd.
  • Certhon Build B.V.
  • Cultivar Ltd.
  • Desert Growing
  • Growlink
  • Heliospectra AB
  • International Greenhouse Company
  • Kheyti
  • Logiqs B.V.
  • LumiGrow, Inc.
  • Motorleaf
  • Netafim Ltd.
  • Nexus Corporation
  • Prospera Technologies Ltd.
  • Rough Brothers, Inc.
  • Sensaphone

3. MARKET TRENDS & DRIVERS

  • AgTech Emerges as New Buzzword in Agricultural Industry
  • Myriad Benefits of Smart Greenhouses to Propel Market Gains
  • Growing Adoption of IoT Presents Vast Opportunities for the Smart Greenhouse Market
  • Growing Adoption of IoT in Agriculture Presents Growth Opportunities for Smart Greenhouse Market
  • Developments in Artificial Intelligence (AI) Encourage Growth in Greenhouse Industry
  • Surging Demand for Food from World’s Expanding Population Spurs Adoption of Advanced Farming Techniques, Driving Market Growth
  • Climate Change Compounds Food Security Concerns
  • Market Poised to Benefit from the Rising Consumption of Organic Foods & Resultant Rise in Organic Farmland
  • Vertical Farming Technology’s Growing Popularity to Fuel Smart Greenhouse Market Growth
  • Vertical Farming Draws Particular Appeal amid COVID-19 Pandemic
  • Rising Adoption of Indoor/Rooftop Farming in Urban Locations: Potential for Smart Greenhouses
  • Smart Greenhouses Support the Transition towards Precision Farming
  • HVAC and LED: Prominent Smart Greenhouse Technologies
  • LED Grows Emerge as the Preferred Medium of Lighting in Smart Greenhouses
  • High-Tech Greenhouses to be the Future of Agriculture
  • Automated Greenhouse: The Ultimate Objective
  • Students Develop a New Intelligent Greenhouse
  • Challenges Facing Smart Greenhouse Market

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

Advertisement
Stake.com

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/d76zh2

Attachment


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Altair Announces Material Collaboration with HP Inc.

Published

on

altair-announces-material-collaboration-with-hp-inc.

HP data will bolster Altair® Material Data Center™ bridging gap between design and production of 3D-printed parts
TROY, Mich., June 24, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoption and ultimately help customers better design parts for Multi Jet Fusion and Metal Jet printers.

“Collaborating with HP will empower our customers to overcome the common challenge of access to accurate material property data, that often hinders the design and production of 3D-printed parts,” said Yeshwant Mummaneni, chief engineer, data management and analytics, Altair. “3D printing solutions are providing new and unique opportunities for businesses and industries of all sizes around the world – we are thrilled to continue providing best-in-class solutions and databases that help more people benefit from the technology and its adoption.”
The collaboration between Altair and HP bridges the often-siloed functions of the design and production of 3D-printed parts. As a result of the partnership, engineers with access to the Altair Material Data Center will be able to use HP material data to design efficient parts, conduct structural analysis using finite element analysis (FEA), and predict and fix manufacturing defects during design and simulation.
“3D printing is at the forefront of so many next-generation opportunities – we are delighted to reinforce Altair’s robust databases and solutions with our library of material information,” said Arvind Rangarajan, global head, software and data, personalization, and 3D printing, HP. “Partnering with a technological leader like Altair will help organizations worldwide develop better products, shorten timelines, and minimize the prototyping process to reduce waste.”
The collaboration will also benefit users of Altair® Inspire™ Print3D, which accelerates the creation, optimization, and study of innovative, structurally efficient additively manufactured parts by providing a fast and accurate toolset for the design and process simulation of parts made by metal binder jetting.
To learn more, visit Altair in booth #800 at RAPID + TCT June 25-27 or visit https://materials.altairone.com/page/landing to register for free access to the Altair Material Data Center.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
Altair Corporate
Altair Investor Relations
Bridget Hagan
Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
[email protected]
[email protected]
Altair Europe/The Middle East/Africa
Charlotte Hartmann
+49 7031 6208 0
[email protected]
 
Photo – https://mma.prnewswire.com/media/2444180/Additive_Rendering_HP_1_FINAL_IMAGE.jpg
Logo – https://mma.prnewswire.com/media/1421069/Altair_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/altair-announces-material-collaboration-with-hp-inc-302178389.html

Continue Reading

Artificial Intelligence

FX Veteran John Bogue Joins ATFX as Director of Institutional Operation

Published

on

fx-veteran-john-bogue-joins-atfx-as-director-of-institutional-operation

LONDON, June 24, 2024 /PRNewswire/ — ATFX, a leading global online trading broker, is pleased to announce the appointment of John Bogue as the Director of Institutional Operation. With over 30 years of experience in the FX market, John brings invaluable expertise in trading, prime brokerage, and e-brokerage to ATFX.

John’s extensive background includes significant roles at NatWest Markets Plc and Euronext FX Inc., formerly FastMatch. His deep understanding and seasoned oversight have been honed through his exposure to all facets of the FX asset class, including operations, risk management, and sales functions.
John’s prior position was as Director for EMEA FX at TraderTools. He was instrumental in rolling out their PriceOn™ algo offering across Europe, the Middle East, and Africa. His work significantly enhanced the technology’s penetration among banks and brokers within these regions.
“We are thrilled to welcome John Bogue to our team,” said Joe Li, Chairman at ATFX. “John’s relentless focus on accuracy, clarity, and prioritization of clients and team will be immensely beneficial as we continue expanding our capabilities and services.”
This recruitment is a strategic step for ATFX after their recent integration of PriceOn™ from TraderTools. With AI technology and algorithms, ATFX can optimize liquidity flow and provide top-notch services for institutional and retail clients. Competitive pricing accelerates global business growth and meets clients’ dynamic needs worldwide.
With the addition of John Bogue and ATFX’s recent hires of FX industry masters Drew Niv as the Chief Strategic Officer, Siju Daniel as the Chief Commercial Officer, Hormoz Faryar as Managing Director of Institutional, and Aditya Singh as Business Development Director International, this reaffirms ATFX’s commitment to long-term success and solidifies its position as a dominant player in the global financial marketplace.
About ATFXATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities, including the UK’s FCA, Cypriot CySEC, UAE’s SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
For further information on ATFX, please visit the ATFX website: https://www.atfx.com. 
Photo – https://mma.prnewswire.com/media/2444530/IMG_John_Bogue.jpg

View original content:https://www.prnewswire.co.uk/news-releases/fx-veteran-john-bogue-joins-atfx-as-director-of-institutional-operation-302178957.html

Continue Reading

Artificial Intelligence

Artlist Revolutionizes Video Creation with an Innovative AI Voiceover Feature

Published

on

artlist-revolutionizes-video-creation-with-an-innovative-ai-voiceover-feature

Artlist becomes first creative asset platform to offer an in-product AI voice generator, unveiling an exclusive voice catalog
TEL AVIV, Israel, June 24, 2024 /PRNewswire/ — Artlist, a creative technology company that provides a vast catalog of royalty-free digital assets to empower brands and content creators worldwide, today announced its latest offering — an in-product AI voiceover generator for video creators. This groundbreaking feature marks a new era in content creation and another significant step in Artlist’s mission to empower brands and creators with everything they need to create videos in one place. The AI voiceover generator feature is included in the Artlist Max plan, offering even more value for the same price, and as a stand-alone plan.

To view the Multimedia News Release, please click:  https://www.multivu.com/players/uk/9276151-artlist-video-creation-innovative-ai-voiceover/
Artlist’s AI voice generator feature seamlessly integrates into existing workflows alongside Artlist’s music, sound effects, footage, and template offering. By eliminating the need for external voiceover services, brands and creators can save valuable time and resources, accelerating content creation and unlocking new storytelling possibilities.
“We’re excited to introduce the AI voiceover generator to our platform,” says Itzik Elbaz, Co-Founder and Co-CEO of Artlist. “This new feature will enhance the ability of brands and creators to craft immersive narratives and bring their visions to life with unmatched clarity and emotion. Whether you’re a high-end production company, an in-house creative team, or an emerging content creator, Artlist provides the tools you need to succeed in today’s competitive creator economy all in one place.”
Artlist’s voiceover feature represents a significant breakthrough in content creation, providing creators with unparalleled access to a unique, high-quality voice catalog crafted by top-tier artists. Creators can now enrich their videos with professional-grade narrations, elevating the quality of their content and captivating audiences like never before with an array of exclusive voices at their fingertips.
“We developed a catalog of exclusive voices with a goal of democratizing access to high-quality narrations, to enable brands and creators to enhance their videos with professional-grade voiceovers,” said Roee Peled, Chief Product Officer of Artlist. “By leveraging advanced AI and speech synthesis technologies, we can make it easier and more cost-effective for brands and creators to produce engaging voiceovers at scale.”
AI voiceover technology is rapidly transforming, offering increased efficiency, cost savings, and creative flexibility for content creators. This surge in popularity has led businesses and creators to recognize its potential to improve engagement and convey messages effectively. From promotional videos to tutorials and beyond, AI voiceover generator offers an efficient solution for capturing audience attention and driving results.
About Artlist 
Artlist is a leading creative technology company empowering global brands and individual creators with an extensive catalog of over 2.5 million high-quality, royalty-free digital creative assets, including music, sound effects, footage, templates, and plugins, made by award-winning artists. The company has over 26M users, including top-tier global brands like Google, Amazon, Microsoft, and Calvin Klein, who trust Artlist as a complete solution for video creation. With a simple global license and unlimited usage, Artlist’s mission is to enable creativity without limits through Artlist, its all-in-one video creation platform, and the Motion Array catalog for content creators. Artlist has been recognized as a top startup by Wired and LinkedIn. Founded in 2016, it has continued to revolutionize the creative industry by offering exclusive assets under a subscription-based model. For more information, please visit www.artlist.io.
Contact: Ravit Shimony, PR and Communications Manager at Artlist, [email protected]
Video – https://www.youtube.com/watch?v=16ggAKMeCsk&ab_channel=Artlist
 
 

View original content:https://www.prnewswire.co.uk/news-releases/artlist-revolutionizes-video-creation-with-an-innovative-ai-voiceover-feature-302180127.html

Continue Reading

Trending