ChatGPT has everyone talking, but the wider impact of artificial intelligence (AI) will expand far beyond any one tool, function, company, or industry. Market research analysts have calculated the market potential for AI across various industries, and the growth rates are astonishing. The global market for AI is expected to increase by hundreds of billions of dollars in just a few short years.

As per The Business Research Company’s dispensing pharmacy packaging machine market report, the market is expected to grow from $2.00 billion in 2023 to $2.52 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. North America is expected to be the largest region in the market during the forecast period.

Alternative fuels and energy sources are becoming increasingly significant due to the ongoing climate crisis.

Protection of crop yield is one of the most challenging concerns faced by farmers.

Despite major spikes of usage of 3D printing in industrial manufacturing and the enterprise arena, it has historically lagged behind traditional manufacturing processes in some aspects.

As homeowners begin to turn their attention to improving and updating their outdoor living space in time for summer, the effects of the pandemic are still having an impact. Appetite for investing in exterior areas of the home is still higher than compared to before the pandemic, according to 87% of experts.

Packaging machinery plays an essential role across a wide variety of industries including food and beverage, personal care, chemicals, electronics, and pharmaceuticals.

The food market is challenging for packaging suppliers due to the immense number of unique applications where packaging must not only meet detailed performance standards but also be cost-effective and align with specific sustainability targets.

Increased interest in electric vehicles (EVs) has been fueled by rising gasoline costs, improving battery technology, and growing environmental awareness.

Energy-efficient building products not only help curb carbon emissions and reduce waste, but they can also save people money on their utility bills and create a more comfortable space with the climate controls and indoor air quality that consumers want and need.