Worldwide sales from electronic circuit component exports by country totaled US$715.6 billion in 2018.
Overall, the value of electronic circuit component exports expanded by an average 41.4% for all exporting countries since 2014 when electronic circuit component shipments were valued at $506.2 billion. The year-over-year uptick was 15.1% from 2017 to 2018.
Energy commodity prices reversed in November, falling 3.7%. Prices are off 2.4% this year.
The market for cobots has seen an exponential boost in demand; In fact, it is the fastest growing segment of industrial automation today.
Unwrought aluminum exports by country totaled US$61.2 billion in 2018, up by 15.2% for all aluminum-shipping nations over the five-year period starting in 2014. Year over year, the value of exported aluminum appreciated by 11% from 2017 to 2018.
Energy and metal commodity prices are expected to continue to fall in 2020 following sharp declines in 2019 on a weaker outlook for global growth and consequent softer demand, the World Bank said in its October Commodity Markets Outlook.
Energy commodity prices rebounded 4,7% in September and currently stand 1,4% higher than at end-2018.
AI is everywhere. Today it helps you find something faster using your smartphone and voice assistant. Besides that, many other sectors use AI and machine learning to improve their working processes and make them smarter.
Logistics is not an exception. We will explore 5 ways of how AI revolutionizes the logistics industry.