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  1. The climate emergency and the intrinsic link between resources and energy in the circular economy escalated in 2022 because of geopolitical chaos. Russia’s invasion of Ukraine fueled a rapid increase in energy prices and supply chain disruptions, which has led to collaboration across key industry verticals to develop innovative technologies and s...

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  2. 13 Dec 2022  |  Global  |  Market Outlook

    Growth Opportunity Outlook in the Homes and Buildings Industry

    The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicat...

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  3. 08 Dec 2022  |  Global  |  Technology Research

    Technological Advancements Enabling Smart Waste Management (SWM)

    Smart Technologies Based on Cross-industry Convergence Enhance the Efficiency of Waste Management Practices.

    The World Bank estimates that rapid population growth and urbanization have resulted in a global average waste generation of about 0.79 kilograms per citizen per day as of 2022. It predicts a direct relationship between waste generation and income levels and projects the daily per capita waste generation in high-income countries to increase by 19.0...

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  4. 10 Aug 2022  |  Global  |  Technology Research

    Global Sustainable Innovation in Water Generation and Purification Growth Opportunities

    The growing water scarcity is driving advancements and innovation in water generation and purification technologies.

    More than 4 billion people lack water for at least 1 month every year. Furthermore, it is estimated that by 2025, half the world´s population could potentially face water scarcity. Factors driving an increase in water scarcity include climate change, climate-related catastrophes, ground water contamination through the increasing usage of pesticide...

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  5. 28 Jun 2022  |  Global  |  Megatrends

    Trend Opportunity Profiles—Home Ecosystems

    Innovative Digital Solutions Suite and Home Automation Service Models Create New Growth Opportunities

    With more customers preferring to stay home following the COVID-19 pandemic, they want to make their living spaces multifunctional and efficient. Homes will serve multiple purposes: work, entertainment, relaxation, shared living, and health and wellness. Home ecosystems and service-based models that assist people with everyday tasks will cause a so...

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  6. 21 Jun 2022  |  Global  |  Market Outlook

    Global Oil and Gas Outlook, 2022

    Energy Transition, Decarbonization, Digitalization, and New Business Models Drive Industry Transformation

    The oil and gas industry recovered strongly in 2021 after recording an all-time low in 2020 due to the COVID-19 pandemic. Oil prices in 2021 increased by 70.5% and reached a yearly average of $67.7 per barrel. Amid the geopolitical chaos and Russo-Ukrainian, the oil price rose to $117 per barrel in Q1 2022. Despite the better-than-expected recovery...

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  7. 11 Apr 2022  |  Global  |  Market Outlook

    Global Homes and Buildings Outlook, 2022

    Decarbonization Efforts and Enhancement of Occupant Experience are Key Growth Strategies for Smart and Healthy Buildings

    The homes and buildings industry is expected to continue its post-pandemic recovery in 2022, after the reopening of economic activities in 2021. The lighting, HVAC, refrigeration, facility management, and smart homes markets have already had strong comebacks due to robust customer demand combined with business transformation initiatives by industry...

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  8. 31 Dec 2019  |  Global  |  Technology Research

    Sustainability Trends Impacting Building and Construction Industry

    Industry pushing to minimize material usage and create initiatives to preserve valuable resources

    Energy use in the construction industry is high. Additionally, the heavy machinery used in construction still leans heavily on fossil fuels, and inefficient electricity use can lead to huge waste of fossil fuels further down the energy supply line. This creates the demand for sustainability drives in the building and construction industry. Sustaina...

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  9. 30 Dec 2019  |  Global  |  Technology Research

    Breakthrough Innovations Enabling Waste-to-Product

    Futuristic Innovations Empower Effective Transformation of Waste into Value-added Products

    Increase in waste generation and the subsequent irresponsible dumping of waste is identified as the fast-growing problem causing significant damage to environment, aquatic ecosystem, and human health. Industrialization, urbanization and the associated economic growth will face significant challenges if sound waste management practices are not put i...

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  10. 24 Dec 2019  |  Global  |  Technology Research

    Emerging Technologies Advancing Carbon Capture, Utilization and Storage

    Adoption of Carbon Capture and Utilization Technologies Address De-carbonisation Needs While Providing Additional Economic Benefits to Industries

    The amount of carbon dioxide (CO2) generated and emitted into the atmosphere continues to rise as a direct result of a series of complex interactions including population growth, improved standards of living, and expanding economies, and this is clearly demonstrated by both the increasing absolute level and the annual rate of increase in atmospheri...

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