Global AI in Packaging Market Forecast, Trend Analysis & Competition Tracking – Market Insights: 2015-2031

The global AI in the packaging market was valued at US$ 4,815.3 million in 2020 and is projected to grow at a CAGR of 4.5% over the forecast period. Artificial Intelligence, or AI, is a science that revolves around the notion of machines being able to think and make decisions independently. With the rise of healthcare, finance, and retail industries, businesses are becoming more dependent on AI to gain an edge over competitors. The packaging itself is no different as companies are turning to robots for assembly jobs at a much faster rate than human workers. These intelligent machines can…

Global AC-DC Controller Market to Register Revenue CAGR of 6.3 % Over Next 10 Years

The AC-to-DC converter is one of the essential converters in power electronics because there are many practical applications based on this conversion. AC to DC converters is used in almost all electronic and electrical equipment. They are used as power circuits for household applications such as vacuum cleaners, washing machines, refrigerators, rice cookers, etc. In everyday life, AC-DC converters play a vital role in available products such as computers, TV, mobile phone chargers, etc. Most electronic sensors and modules only run on DC power, so they use AC to DC converters. They are also used in medical equipment, factory automation,…

Major Trends Reshaping the Japan Pharmaceutical Market

The Japanese pharmaceutical market, which is the third-largest pharma marketplace, is undergoing its most sweeping structural reform in recent years. Some forces such as pricing pressure, generics penetration, and restriction of the physician access point to an erosion of its attractiveness. The fundamental demographics and epidemiology, the declining cost of the promotional model, and a focus on innovation and differentiation remain strong. The future emphasis on value and outcomes will continue to secure a place for innovative and differentiated products in Japan. Novel, orphan and emerging biologic development pathways in Japan are affecting batch scale & manufacturing economies, calling for…