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Precision Pest Management Market Report 2023: Growing Demand for Pesticide Free Food Bolsters Sector

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Dublin, May 02, 2023 (GLOBE NEWSWIRE) — The “Precision Pest Management Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented by Technology (Monitoring and Spraying), By Solution (Hardware, Software, and Services), By Application, By Region and Competition” report has been added to ResearchAndMarkets.com’s offering.

Global Precision Pest Management market is anticipated to witness a growth of steady CAGR in the forecast period, 2024-2028. This can be ascribed to the rising demand for pesticide-free food owing to the growing health-conscious population worldwide. Precision pest management is an advanced technology used in the agriculture field for monitoring crop production.

Also, the growing adoption of internet of things devices in agricultural fields and substantial cost savings associated with precision pest management are expected to create lucrative opportunities for market growth during the forecast period. Also, enhancing the quality of crops and minimizing the negative impacts of pest control on resources will boost the growth of the market in the forecasted period.

Similarly, the growing demand for reduced potential environmental problems from pest management will enhance the growth of the market. This has led to a lot of new product launches for bringing about effective pest management. For instance, In October 2021, Yanmar launched the YV01 autonomous spraying robot, which was developed in cooperation with European vineyards.

This is an autonomous spraying robot that can transform the way vineyards operate. This robot uses an advanced spraying system that helps in ensuring that the vines are precisely sprayed with the exact amount of droplets which means less spraying fluids are required.

Growing Demand for Pesticide Free Food

Growing demand for pesticide-free food for maintaining a healthy life is expected to boost the growth of the market in the forecasted period. Precision pest management helps in minimizing the use of pesticides on the field and helps in producing food items that are either completely pesticide-free or produced using a minimal amount of pesticides. Also, the growing demand for obtaining high yields, especially where the climate is predominantly humid and requires fungicides, is expected to increase the demand for precision pest management.

Additionally, precision pest management helps in managing the crop from weeds, insects, diseases, and other organisms that directly or indirectly damage the crop. This management system uses different tools and methods to reduce the impacts of pests on crops. So, area-wide pest management is implemented for the prevention of pest outbreaks on a larger spatial resolution where other agricultural plots are included.

Growing Technological Advancement in Agriculture Sector

Growing technological advancement in the agriculture sector, such as using sensors-based pest management systems and auto steering, and variable rate spraying technologies, is expected to boost the market growth in the forecasted period. Also, the growing demand for advanced technologies to help farmers to cover a large area of their fields in less time and more efficiently will further drive the growth of the market over the years.

The major technologies used in the agriculture sector are smart sensors, GPS, GNSS, auto steering, and guidance technology to maintain crop productivity. These techniques not only reduce the labor cost but also utilize resources in the best possible way and minimize wastage which will demand advanced precision pest management over the years. In November 2020, Syngenta Crop Production, which is a leading global crop-protecting organization, launched a product called Spiropidion that can be used to protect a wide range of crops from pests that are most damaging and difficult to control.

Recent Developments

  • In March 2022, Deere & Company introduced See & Spray Ultimate. Farmers can spot-spray non-residual herbicide on weeds among corn, soybeans, and cotton using the factory-installed system. The technology underlying the green-on-green solution was developed by Blue River Technology, an artificial intelligence provider that Deere acquired in 2017.
  • In February 2021, Bayer created the biological and pheromone-based crop protection product Vynyty Citrus to control pests on farms. A container called Vynyty Citrus houses an active liquid. It is the only citrus pest control product available on the pest control market that is made using natural pyrethrum and pheromones. Pests are kept at bay by pheromones, which interfere with their mating habits and stop them from reproducing.

Report Scope:

In this report, global Precision Pest Management market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Precision Pest Management Market, By Technology:

  • Monitoring
  • Spraying

Precision Pest Management Market, By Solution:

  • Hardware
  • Software
  • Services

Precision Pest Management Market, By Application:

  • Area-Wide Pest Control
  • Site-Specific Pest Control

Precision Pest Management Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Precision Pest Management Market Outlook

6. North America Precision Pest Management Market Outlook

7. Europe Precision Pest Management Market Outlook

8. Asia-Pacific Precision Pest Management Market Outlook

9. South America Precision Pest Management Market Outlook

10. Middle East and Africa Precision Pest Management Market Outlook

11. Market Dynamics
11.1. Drivers
11.1.1 Growing Demand for Pesticide-Free Food
11.1.2 Growing Technological Advancement in Agriculture Sector
11.2. Restraints
11.2.1 High Initial Capital Investment
11.2.2 Lack of Awareness About the Publishering Advance Technology

12. Market Trends & Developments

13. Global Precision Pest Management Market: SWOT Analysis

14. Porter’s Five Forces Analysis

15. Competitive Landscape

16. Strategic Recommendations

A selection of companies mentioned in this report includes

  • PrecisionHawk,Inc.
  • EOS Data Analytics, Inc.
  • Deere & Company
  • BASF SE.
  • AGRIVI Ltd.
  • Kubota Corporation
  • TeeJet Technologies LLC
  • Yanmar Co. Ltd
  • SemiosBio Technologies Inc
  • Suterra LLC
  • Topcon Precision Agriculture Pty. Ltd
  • FlyPard Analytics GmbH

For more information about this report visit https://www.researchandmarkets.com/r/6ztmwm

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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