Awareness of beneficial properties of sustainable technology adoption will ignite growth opportunities across industries, says Frost & Sullivan's TechVision Global Research Team
MOUNTAIN VIEW, California, July 6, 2016 /PRNewswire/ -- Across the globe there is a struggle with rapidly changing climatic conditions, limited resources and a declining quality of environment. With these current trends comes the realization that interconnected solutions must be rapidly adopted to avoid declining environmental conditions. However, resistance to these solutions still remain, namely in the form of investments. In an effort to avoid extended challenges, environment and sustainability technologies must be embraced to stimulate awareness, thus, boosting holistic growth opportunities.
New TechVision analysis from Frost & Sullivan, Top Technologies in Environment and Sustainability – 2016 (http://frost.com/d6f6), finds the latest innovations in agricultural technologies and waste and wastewater technologies can potentially address the food-water-energy nexus challenges. These technologies include: food waste upcycling, membrane biofilm wastewater treatment, micro irrigation, off-grid desalination, particulate air pollution control, point source CO2 reduction, precision agriculture, waste-to-energy, wastewater membrane filtration and wastewater nutrient recovery.
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"Overlapping solutions address interrelated challenges and increase the probability of maintaining environmental sustainability," observed Frost & Sullivan Senior Industry Analyst Jennifer Tan. "Embracing the interconnectedness of these environmental technologies holds the potential to not only improve global struggles, but also induce the spread of sustainable solutions across industries and regions."
Currently, North America leads in the development and adoption of these technologies followed by Europe. Meanwhile, Asia Pacific is expected to be a major market and will see the maximum growth in adoption of environment and sustainable technologies.
Combatting the uptake of these technologies is the additional capital investment required for adoption, along with the lack of awareness of their significance. Furthermore, ambiguous and lax regulations have also resulted in a lack of interest in sustainable technologies.
"Creating global awareness for the implications of deteriorating environmental conditions and long term benefits of technology adoption will act as a catalyst for these technologies," said Frost & Sullivan Research Analyst Lekshmy Ravi. "Stringent regulations, subsidies and incentives will also play a major role in improving adoption. Globally, goals and targets fixed by world organizations and nations will stimulate growth."
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Top Technologies in Environment and Sustainability – 2016 is part of TechVision's flagship research series, the Emerging Technologies Program (ETP) (http://ww2.frost.com/research/techvision/emerging-technologies-service/). The ETP identifies and provides intelligence on the hottest, most innovative and lucrative technologies whose impact are felt across industries.
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence and provides a variety of technology based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision program, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision program is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo
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Top Technologies in Environment and Sustainability – 2016
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