Environment

Latin America faces waste management problems, specifically plastic packaging waste—with annual volumes estimated to be nearly 13.1 million tonnes in 2022 and forecasted to reach 19.7 million tonnes by 2030. As recycling rates in the region do not exceed 10%, the consequences of plastic packaging become evident in the high levels of plastic in la...

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...

13 Dec 2022  |  North America

Carbon Emission Reduction Benefits Drive Growth Opportunities for Hazardous Waste Management across the Globe

Transformative Mega Trends, Increasing Prices of Raw Materials, and Supply Chain Risks Set to Drive the Circular Economy Benefits of Reuse and Recycling

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Waste management, particularly hazardous waste, is becoming an increasingly complex issue and requires specific, novel collection and handling practices and special management. With population size and industrialization growing, the volume of waste generated may never decrease. With the ongoing gas and energy crisis, the need for energy security is...

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...

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...

05 Dec 2022  |  Global

Global Building Management Systems Growth Opportunities

Digital Solutions and Sustainability Outcomes are Vital for Vertical Market Expansion

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The global building management system (BMS) market is being revolutionized by increasing industry convergence and the emergence of innovative technologies. This has led to a rapid increase in the digitalization of buildings, resulting in a spurt in demand for smart buildings and BMS systems. These technologies are causing significant disruptions, i...

Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...

This study covers all elevator types, including machine room (MR)/machine room-less (MRL) passenger and service systems, and escalators. Elevator and escalator market revenue in this study covers the new installation (NI) business segment and excludes the service business segment. The report analyzes the elevator and escalator market in 4 major Mal...

Climate change and the resulting environmental regulations continue to affect all European sectors, including the building construction and demolition space. The European Green Deal, a package of policy initiatives, boosts efficient resource use, outlining investments needed for climate mitigation and adaptation. It calls for a 40% reduction in ove...