Search results for: 'Transitioning from Assembly Lines to Smart Factories for the Future'

Waste generation has been identified as the fast-growing problem causing significant environmental and health hazard owing to changing modern societies, especially in the urban regions of the world. Traditional waste management practices face significant challenges in terms of overflowing waste bins and ineffective route planning. With 68% of the w...

The global waste management industry is transitioning toward greater digital technology adoption with the growing availability and deployment of smart solutions such as smart bins and fleet management, cloud computing, customer interfaces, waste tracking systems, and AI robotic sorting. These solutions will significantly improve waste collection, t...

10 Jul 2019  |  Global  |  Market Research

Future of Circular Economy in the Plastic Packaging Recycling Market, Forecast to 2030

Sustainability Goals, Stringent Regulation, Industry Collaboration, Disruptive Technologies, and Digital Transformation to Drive Recycling and Resource Recovery Efficiency

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Innovative business models such as deposit return schemes, disruptive applications like augmented reality (AR), composite plastic separation, plastic to fuel etc., will drive the circular economy in the plastic packaging recycling market in the future. The market revenue is estimated at $13.1 billion and is expected to have a CAGR of 9.1% during th...

Plastic waste generation will increase in the coming years in China, mainly due to the fast development of the Chinese economy and progressing urbanization, posing significant environmental concern. Therefore, the incorporation of sustainable approach to manage plastic waste becomes critical. In 2018, China came out with plastic wastes ban to focus...

01 Nov 2019  |  Global  |  Market Research

Growth Opportunities in the Global Internet of Bins Market, Forecast to 2025

Smart City Initiatives, Combined with Efficiency and Improvement-related Financial Benefits, will be the Catalyst for Rapid Growth in Smart Bin Deployment

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Innovative business models like Build-Operate-Transfer (BOT), Build-Operate-Manage (BOM), Software-as-a-service (SaaS), and Sensing-as-as service are becoming a trend in the smart waste management sector. BOT/BOM is a complete package, where the company takes ownership of everything. Municipalities and companies should focus on “Pay-per-use” models...

Buildings are one of the leading carbon emitters with hotels contributing 15% to 20% of the emissions. In Southeast Asia, green hospitality is often considered only as the compliance of hotels with green building standards. However, it also encompasses other specific operational aspects. Green hospitality is likely to benefit from approximately 15%...

28 Aug 2018  |  Global  |  Market Research

Growth Opportunities in the Global Hazardous Waste Management Market, Forecast to 2024

Smart Solutions and Innovative Business Models Will Enhance Hazardous Waste Treatment

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Hazardous waste and its proper disposal has become a critical problem due to its impact on the environment and all living things. Hazardous wastes can be in the form of liquids, solids, sludges, or contaminated gases, and they are primarily generated by chemical manufacturing, production, and several other industrial processes. Rapid industrialisat...

Asias large population and rapid urbanization have led to vast amounts of municipal solid waste (MSW) generation. Estimated at more than one million tonnes per day, MSW generation in urban Asia is only expected to increase in the coming years. Managing this waste is becoming a problem, with landfilling fast fading as a viable option, since land ava...

18 Dec 2020  |  North America  |  Market Research

Global Waste Recycling and Circular Economy Market Outlook, 2020

A Year of Continuing Digitalization, Ambitious Sustainability Goals, and Innovative Technologies Is Tempered by Reaction to the COVID-19 Pandemic

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A sustainable future requires a holistic approach across the entire waste management system. Responding quickly to market fluctuations, redefining growth, investing in innovative solutions and technologies, and focusing on long-term benefits can turn market challenges into business opportunities. Sustainability-minded enterprises and consumers are...