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Report reveals Europe’s progress toward low-carbon manufacturing
- October 26, 2015
- News Release
- Shop Management
A new report from Frost & Sullivan, “Technology Trends Impacting Low Carbon Manufacturing,” finds that renewable-energy technologies, carbon capture and storage technologies, waste management systems, and energy-efficient technologies are among the many enablers for low-carbon manufacturing. Energy-efficient best practices for industries, in particular, can directly impact their carbon footprint.
The report provides an overview of the various technologies that facilitate low carbon emissions from the industrial manufacturing sector, key technological/business challenges influencing the implementation of these technologies, and emerging market needs likely to shape R&D efforts in the near future. The study also details budgetary trends in the automotive manufacturing segment and offers insights into future adoption of low-carbon manufacturing in different industries.
"A crucial pillar of economies, the industrial manufacturing sector is also the biggest contributor to greenhouse gas emission, making its adoption to low-carbon technologies vital for creating a sustainable, green economy world over," noted TechVision Research Analyst Karthik Vishal Lakshmanan. "The rapid adoption of low-carbon manufacturing practices in this sector is thus an encouraging trend. However, strict policies mandating low-carbon manufacturing practices are essential to ensure faster and widespread uptake across all industries."
In the EU, governments' initiatives to promote low-carbon manufacturing will ensure the steady uptake of enabling technologies. The U.K., with its early commitments to considerably reduce its carbon footprint by 2020, will set new standards and benchmarks in low-carbon manufacturing. For instance, the U.K. government earmarked a fund of $1.5 billion to promote Advanced Propulsion Centre, a collaboration of innovators and industry experts to address low-carbon technologies in the automotive sector.
This report is part of the TechVision subscription. TechVision is a global technology innovation-, disruption-, and convergence-focused practice of Frost & Sullivan that provides a variety of technology-based alerts, newsletters, and research services, as well as growth consulting services.
For more information on the report, visit bit.ly/1H4e5Qq.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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