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Global Micro-Fulfillment Market Set for Explosive Growth with a Projected CAGR of 40% from 2023 to 2030, Surpassing $30 Billion by Decade's End

Retrieved on: 
Wednesday, October 25, 2023
Honeywell, E-commerce, OPEX, PACK, Urbanization, Micro, Artificial intelligence, Instacart, COVID-19, Machine learning, LOCAD, Kroger, Automation, Bath v Alston Holdings Pty Ltd, Robotics, Online shopping, Warehouse, Growth, Swisslog

The global micro-fulfillment market is gearing up for explosive growth, with forecasts indicating an impressive compound annual growth rate (CAGR) of 40% from 2023 to 2030.

Key Points: 
  • The global micro-fulfillment market is gearing up for explosive growth, with forecasts indicating an impressive compound annual growth rate (CAGR) of 40% from 2023 to 2030.
  • By the end of the decade, the market is expected to surpass a valuation of US$30 billion.
  • It involves the establishment of compact, highly automated fulfillment centers in strategic locations, often within urban or densely populated areas.
  • Technological advancements in robotics, automation, Artificial Intelligence (AI), and machine learning are at the forefront of the micro-fulfillment market.

NASA Astronaut, Researchers Visit Austin to Highlight International Space Station

Retrieved on: 
Tuesday, April 16, 2019
International Space Station, United States Department of Energy national laboratories, Stephanie Wilson, NASA, Contents, Astronaut, Outer space, Science, Scientific research on the International Space Station, LOCAD

HOUSTON, April 16, 2019 /PRNewswire/ --Astronaut Stephanie Wilson, along with representatives from NASA and the U.S. International Space Station (ISS) National Lab, will visit Austin from April 23 to 25 as part of NASA's efforts to share research opportunities aboard the station.

Key Points: 
  • HOUSTON, April 16, 2019 /PRNewswire/ --Astronaut Stephanie Wilson, along with representatives from NASA and the U.S. International Space Station (ISS) National Lab, will visit Austin from April 23 to 25 as part of NASA's efforts to share research opportunities aboard the station.
  • Destination Station is an effort dedicated to sharing and highlighting opportunities for research aboard the International Space Station.
  • Since 2000, the International Space Station has enabled more than 2,400 researchers to conduct more than 2,000 innovative experiments in the areas of biology and biotechnology, human health, space and physical science and technology.
  • On Tuesday, April 23, Wilson and other representatives from NASA and the ISS National Lab will visit 3M Austin at 6801 River Place Blvd.