In the past two decades, the car market has declined twice: first due to the 2008 economic crisis, and then due to falling sales in China. Most recently, the lockdowns implemented to combat the coronavirus pandemic, causing auto-production plants to close globally and a loss of consumer spending will lead to an unprecedented 23% decline in 2020 (IDTechEx prediction).

It is often imagined that agriculture is alien to new technologies. This is far from reality. In fact, agriculture has always been a pioneer in the adoption of new technologies, embracing motor/power, modified seed, and agrochemical technologies over many decades to boost productivity.

Nearly every sector is proposing the use of artificial intelligence. Materials science R&D is relatively late to this trend, and there are many industry-specific hurdles, but the opportunities are beginning to be realized and the potential impact is significant.