PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1462794
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1462794
As climate change accelerates and governments around the world grow more serious about reducing greenhouse gas (GHG) emissions, manufacturers are realizing that esoteric sustainability goals in annual reports will no longer suffice. Conceptually, sustainable manufacturing is not complicated. Manufacturers can make their factories greener in numerous ways: reducing energy use through more efficient processes; minimizing GHG emissions by replacing traditional energy sources with renewables; improving uptime and production efficiency via digitalization and lean manufacturing processes; and, when all else fails, implementing carbon capture techniques to sequester or repurpose carbon emissions.
All these technologies and methodologies exist today-but the industrial world remains far from achieving truly sustainable manufacturing. The costs and complexity involved in upgrading 20th century facilities remain significant barriers to broader deployment of sustainability solutions in manufacturing, but increasingly, government mandates and end-user demand are driving executives in manufacturing verticals to acknowledge the writing on the wall.
This Guidehouse Insights report analyzes major trends in sustainable manufacturing and forecasts projected investment in four key technology areas that will be core to rendering industrial processes more sustainable: digitalization and industrial IoT (IIoT) technologies; increased renewables capacity through on-premises facilities; increased renewables capacity via power purchase agreements (PPAs); and carbon capture, utilization, and sequestration techniques. The report provides an overview of circular economy and recycling methodologies and describes numerous lean manufacturing principles. Finally, it projects global investments in core sustainable manufacturing technology segments by region and technology from 2024 through 2033.
1.1 Global Investment in Sustainable Manufacturing
Tracked Renewable PPA Capacity, All Corporate vs. Manufacturing/Industrial, World Markets: Dec 2008-Feb 2023
Environmental Benefits of Lean Manufacturing Methods
Annual Investment in Sustainable Manufacturing Technologies by Region, World Markets: 2024-2033"
Annual Investment in Sustainable Manufacturing Technologies by Technology, World Markets: 2024-2033"
Percentage of Sustainable Manufacturing Investment by Region, World Markets: 2024
Percentage of Sustainable Manufacturing Investment by Region, World Markets: 2033
Annual Investment in Sustainable Manufacturing Technologies by Technology, North America: 2024-2033"
Annual Investment in Sustainable Manufacturing Technologies by Technology, Europe: 2024-2033"
Annual Investment in Sustainable Manufacturing Technologies by Technology, Asia Pacific: 2024-2033"
Annual Investment in Sustainable Manufacturing Technologies by Technology, Latin America: 2024-2033"
Annual Investment in Sustainable Manufacturing Technologies by Technology, Middle East & Africa: 2024-2033"
Manufacturing Value Chain: Multiple Opportunities for Efficiency and Sustainability
Examples of Stakeholders in the Manufacturing Value Chain