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Global Smart Manufacturing Platform Market to be Driven by Industrial Automation in the Forecast Period of 2021-2026

Forecast CAGR (2021-2026): 20%

Since the past couple of years, the increased inclination towards the industrial automation and investment and development of industrial IoT has propelled the smart manufacturing platform market. In the coming years, automotive industry is likely to be a major implementer of smart factories to gain benefits, like improved efficiency, faster decisions and response times, new productivity gains, and more cost savings. In the next few years, around 44% of facilities in automotive industry are likely to get converted into smart factories. Also, the constant support from governments of several countries for industrial automation is likely to up thrust the smart manufacturing platform market during the forecast period. ....

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Avocado Oil Market Size Estimated to Reach $1.2 Billion by 2025

Avocado Oil Market Size Estimated to Reach $1.2 Billion by 2025
Increase in the Applications of Avocado Oil in Pharmaceuticals and Food Industries Are the Factors That Are Set to Drive the Growth of the Global Market for the Forecast Period 2020-2025.
BriefingWire.com, 12/29/2020 - Avocado Oil Market size is estimated to reach $1.2 Bn by 2025, growing at a CAGR of 6.5% during the forecast period 2020-2025. Avocado Oil is an edible oil, which is obtained from extraction of the pulp and seed of the fruit (Persea Americana). It is used as an additional ingredient in different dishes and as substitute of cooking oil. Increase in the health consciousness among individuals, awareness about the nutritional benefits of avocado oil, changing customer preferences, and increase in the applications of avocado oil in pharmaceuticals and food industries are the factors that are set to drive the growth of the global market for the forecast period 2020-2025 ....

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