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14 Dec 2022  |  Global  |  Technology Research
Breakthrough Advancements in Geothermal Energy Technology and Global Growth Opportunities
Advanced closed-loop and enhanced geothermal systems are emerging as key disruptive technologies driving geothermal industry growth
Geothermal energy involves the use of the underground heat generated from the Earth’s core for electricity and heating purposes. While solar and wind energy technologies represent the mainstream renewable energy sources, geothermal energy has its own distinct advantages. Its capacity to provide heating/cooling and power generation, the steady ene...
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13 Dec 2022  |  Global  |  Technology Research
Companion Diagnostics (CDx): Technology Innovation and Growth Opportunities
The Transition to Precision Medicine is Propelling the Adoption of CDx Platforms.
The concept of companion diagnostics (CDx) was developed when researchers realized that even potent drugs only had an efficacy between 25% and 60%, the lowest being in oncology. Therefore, a clinical pharmacogenetic assay became important to distinguish patients more likely to respond to a drug or at a lesser risk of associated adverse pathophysiol...
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13 Dec 2022  |  Global  |  Technology Research
Advances in Digitization for Materials R&D
Data Analytics, Modeling, and Simulation Technologies Reduce R&D Turnaround Time
Data science, software engineering, and materials knowledge researchers must collaborate to bridge the gaps in materials R&D and accelerate digital transformation. To introduce digital innovation into the lab, scientists need to develop new skills and manage larger data volumes more efficiently using tools such as artificial intelligence (AI), big ...
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12 Dec 2022  |  Global  |  Technology Research
Additive Manufacturing Revolutionizing the Future of the Construction Industry
Future Growth Potential of Additive Manufacturing Technology in the Construction Industry
Additive manufacturing (AM) technologies have been undergoing considerable technological growth in recent years. The technology is playing an instrumental role in transforming several industries, such as automotive, aerospace, medical, and oil and gas. Due to the advantages of AM technology, it is now witnessing immense traction from the constructi...
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12 Dec 2022  |  Global  |  Technology Research
Technological Advancements Enabling Saltwater Electrolysis for Hydrogen Production
Stable Electrodes and Membrane-free Design Improve Process Viability
Water electrolysis using electrolyzers powered by renewable energy produces green hydrogen, considered the most sustainable hydrogen type. Conventional electrolyzers require high water purity for hydrogen production as the impurities and salt contents damage the electrode and other components of the electrolyzer cells. However, over 96.5% of natura...
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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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07 Dec 2022  |  Global  |  Technology Research
Growth Opportunities in Sustainable Agrochemicals for Crop Protection
Technology Convergence Driving the Development of Sustainable Crop Protection Solutions
Over the last two decades, the agriculture industry has dealt with challenges pertaining to rapid climate change, biodiversity loss, global population growth rate, and water scarcity. The ongoing changes in the agriculture industry have created a lucrative growth opportunity for agrochemical technology developers, as agricultural chemicals are perc...
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01 Dec 2022  |  Global  |  Technology Research
Technology Trends and Advancements in Nuclear Energy Utilization
Next-generation Nuclear Technologies Promote Carbon Neutrality and Hydrogen Economy Growth Opportunities
Globally, low-carbon energy resources are increasingly critical to combat climate change and ensure adherence to the Paris Climate Summit declarations, especially net zero carbon emissions targets. Nuclear energy can play a critical role due to its high energy density, low land footprint compared to renewable energy sources, and cost competitivenes...
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30 Nov 2022  |  Global  |  Technology Research
Growth Opportunities in Intelligent Transportation System Technologies
Applications of Disruptive Technologies in Communications, Sensors, and ICT of the Transport Management Ecosystem
Cities have grown in size and population exponentially over the years, and citizen demands have also evolved. Developed and developing economies are working toward implementing smart cities aimed at sustainable development to enhance citizen lives along with environmental and socioeconomic improvements. Intelligent transportation systems (ITSs) ar...
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29 Nov 2022  |  Global  |  Technology Research
Technological Advancements Enabling Ammonia for Efficient Hydrogen Storage
Safe Handling and High Hydrogen Recovery for Direct Utilization Drive the Demand for Ammonia as a Preferred Hydrogen Storage Medium
Global efforts to decarbonize the energy and industrial sectors have necessitated looking beyond conventional fossil fuels as the primary energy source. Hydrogen, which has a significantly higher energy content than traditional energy sources such as oil and natural gas, is gaining traction in the industry. However, its low volumetric density requi...
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