Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Construction and Demolition Waste Management Market to Hit USD 142.92 Billion by 2028: Increasing Focus on Waste Recycling Activities to Augment Market Growth: Fortune Business Insights™

Published

on

Pune, India, July 22, 2021 (GLOBE NEWSWIRE) — The global construction and demolition waste management market size is expected to gain momentum by reaching USD 142.92 billion by 2028 while exhibiting a CAGR of 4.0% between 2021 to 2028. In its report titled “, Construction and Demolition Waste Management Market, 2021-2028,” Fortune Business Insights mentions that the market stood at USD 115.11 billion in 2020.

The increasing demand for integrated technology and IoT-based devices in the construction industry has seen a staggering demand. Artificial intelligence (AI) helps the construction industry by scheduling and risk mitigation, such as worker injury prevention and predictive equipment maintenance. Additionally, it helps in reducing waste and providing high-value materials. For instance, Switzerland-based company the Eberhard Group decided to invest in AI-based intelligent robots, which will help recover mixed construction waste at a rate of 200 tons per hour. Therefore, these advancements in the industry are expected to drive the market.

Request a Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/construction-and-demolition-waste-management-market-105550

COVID-19 Impact

The COVID-19 pandemic has caused a substantial economic downturn and a sense of uncertainty in the market. The stringent lockdown imposed worldwide acted as a major downturn for various industries, including the construction and development industry. The reduction in construction activities led to a drop in cash liquidity, thereby obstructing construction activities.  For instance, the International Labor Organization report suggested that the unavailability of the working force at construction sites in the Indian construction market has obstructed the pace of construction activities in the country, thus hampering the market growth.

List of Key Market Players Profiled in Global Market

  • Veolia Environment S.A. (Aubervilliers, France)
  • Waste Connections (Texas, the U.S.)
  • Clean Harbors, Inc. (Massachusetts, the U.S.)
  • Remondis (Lünen, Germany)
  • Republic Services (Arizona, the U.S.)
  • FCC Environment Limited (Northampton, United Kingdom)
  • Waste Management (Texas, the U.S.)
  • Kiverco (Tyrone, Northern Ireland)
  • Daiseki Co., Ltd. (Aichi, Japan)
  • Windsor Waste (Brentwood, United Kingdom)
  • Casella Waste Systems, Inc. (Vermont, the U.S.)
  • Renewi plc (Milton Keynes, United Kingdom)

Click here to get the short-term and long-term impact of COVID-19 on this Market.

Please visit: https://www.fortunebusinessinsights.com/construction-and-demolition-waste-management-market-105550

Report Scope & Segmentation

Report Coverage Details
Forecast Period 2021 to 2028
Forecast Period 2021 to 2028 CAGR 4 %
2028 Value Projection USD 142.92Billion
Base Year 2020
Market Size in 2020 USD 115.11 Billion
Historical Data for 2017 to 2019
No. of Pages 120
Segments covered Material,Source,Service,Geography
Growth Drivers Environmental Benefits and Development of Circular Economy to Promote Growth
Hefty Investments by Governmental Authorities to Propel Market Growth
Integration of AI-Powered Robots at Recycling Plants to Elevate Quality and Speed of Recycling Activities
Pitfalls & Challenges Limited Capability to Recover and Recycle Construction and Demolition Waste

Market Segmentation:

By material type, the market is divided into concrete & gravel, bricks and ceramics, asphalt and tar, timber and wood, metal, and others. On the basis of source, the market is segmented into demolition, construction, and renovation

  • Based on the source, the renovation segment held a global construction and demolition waste management market share of 17.3% in 2020. This is attributable to low cost, as renovation allows waste recycling over time.   

By service, the market is bifurcated into disposal and collection. Finally, based on region, the market is categorized into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

What does the Report Provide?
The market report provides a detailed analysis of several factors, such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the market’s growth. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships and collaboration that will further contribute to the market growth.

Quick Buy: Construction and Demolition Waste Management Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/105550

Driving Factors

Development of Circular Economy is Expected to Fuel Market Growth 

The increasing effort of environmental organizations to promote the circular economy, i.e., collect, recycle, and reuse in new infrastructure and construction activities, drive the construction and demolition waste management market growth. For instance, the European Commission has emphasized the re-use of demolished materials during construction, excluding hazardous materials. Such environment-friendly endeavors will bolster the global market growth during the forecast period.

On the flip side, many countries do not have to recycle centers to segregate demolished waste. Thus lack of recycling and regular filling of landfills are major restraints of the market.

Regional Insights

Asia Pacific to Remain at Forefront; Increasing Adoption of Recyclable Material in Construction Sector to Aid Growth

Asia Pacific is expected to hold the largest market share during the forecast period. This is ascribable to the factors such as extensive emphasis of the government on infrastructural development in developing economies such as India and China. For instance, the Indian Ministry of Housing and Urban Affairs (MoHUA) is focusing on developing the construction sector in India through supportive policies. Moreover, the waste generated in the country is enough to provide raw material to recycling centers, thereby contributing to green buildings and eco-friendly construction.  The region stood at USD 20.52 billion in 2020.

North America is expected to experience significant growth in this market during the forecast period. This is attributable to the hefty investments made by key market players to establish and operate new recycling construction projects in the region.

Competitive Landscape

Key Players to Focus on Partnerships to Strengthen Their Market Positions

The market for construction and demolition waste management is consolidated by major companies striving to maintain their position by focusing on partnerships and new application launches. For instance, in November 2019, Rotochopper Inc. started a strategic partnership with Austria-based Lindner Recycling, Inc. This partnership was to help the company increase its reach among the customers through sales representation and service support for its products across various regions of the globe. Moreover, other key players adopt proactive strategies such as facility expansion, mergers, and collaborations to favor market growth.

Industry Development

  • January 2020: Krause Manufacturing is working on an AI-powered robotic waste sorting system. This will help in segregating various debris automatically. Later this debris can be sent to recycling facilities for further use.

Speak To Our Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/construction-and-demolition-waste-management-market-105550

Have a Look at Related Research Insights:  

Energy Recovery Ventilator Market Size, Share & COVID-19 Impact Analysis, By Type (Wall-mount, Ceiling-mount, Cabinet), By Application (Residential, Commercial, Others), and Regional Forecast, 2021-2028

Cooling Towers Market Size, Share & COVID-19 Impact Analysis, By Type (Wet, Dry and Hybrid), By Application (Chemicals & Petrochemicals, Pharmaceutical, Power Generation, HVAC, Food & Beverages and Others), and Regional Forecast, 2021-2028

CNC (Computer Numerical Control) Machine Market Size, Share & COVID-19 Impact Analysis, By Type (Metal Cutting, Metal Forming), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, Others), and Regional Forecast, 2021-2028

Injection Molding Machine Market Size, Share and COVID-19 Impact Analysis, By Product Type (Plastic, Metal, Rubber, Ceramic, Others), By Machine Type (Electric, Hydraulic, and Hybrid), By Clamping Force (0 – 200 Ton Force, 201 – 500 Ton Force, and Above 500 Ton Force), By End-use Industry (Packaging, Automotive, Electronics and Telecommunication, Healthcare, Infrastructure, Others) and Regional Forecast, 2020-2027

Metal Cutting Tools Market Size, Share & COVID-19 Impact Analysis, By Product (Machining Centers, Lathe Machines, Boring Machines, Grinding Machines, Milling Machines, & Others), By Application (Automotive, General Machinery, Precision Machinery, Transport Machinery, & Others), and Regional Forecast, 2020-2027

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. We aim to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune – 411045, Maharashtra, India.

Phone:

US :+1 424 253 0390

UK : +44 2071 939123

APAC : +91 744 740 1245

Email: [email protected]

LinkedIn: https://www.linkedin.com/company/fortune-business-insights

Facebook: https://www.facebook.com/FortuneBusinessInsightsPvtLtd

Twitter: https://twitter.com/FBInsightPvtLtd

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

Published

on

ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience

Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

View original content:https://www.prnewswire.co.uk/news-releases/ig-canada-announces-enhanced-trading-platform-for-enhanced-user-experience-302127189.html

Continue Reading

Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

Published

on

sentrycs-now-part-of-the-uk-national-protective-security-authority-catalog-of-security-equipment

This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
Video – https://www.youtube.com/watch?v=YBuhpTq5QuM

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/sentrycs-now-part-of-the-uk-national-protective-security-authority-catalog-of-security-equipment-302126952.html

Continue Reading

Artificial Intelligence

Homestyler to Recruit First Batch of Global Partners in 20 Countries

Published

on

homestyler-to-recruit-first-batch-of-global-partners-in-20-countries

MILAN, April 25, 2024 /PRNewswire/ — Homestyler, a leading all-in-one 3D Design platform and creative community for global designers invested by Easyhome New Retail Group and Alibaba Group, successfully hosted the Homestyler Global Partners Conference and Gorgeous Home Imported Brand Investment Promotion Conference from April 18 to 19 on the sidelines of the 2024 Salone del Mobile Milano, the world’s leading furniture fair.

Easyhome is at the forefront, driving the transformation of the home furnishing industry into a full-service platform. It has developed a tailored solution for global brands called Gorgeous Home, which includes supportive policies and has established local distribution and service networks in international markets. During the conference, Homestyler unveiled a suite of digital products enhanced by 3D and AI technologies, including cloud-based design tools, virtual livestreaming that can alter and restore furnishing scenes to true-to-life scale, a 3D Floor Planner, a 3D Virtual Studio, and a 3D Interactive Panorama, among others. The event also marked the signing ceremony with the first group of global partners.
The Global Partners Program is a key milestone of Homestyler’s roadmap towards global commercialization. It has established close partnerships with around 1,000 global home furnishing companies and design institutions to provide solutions for digital transformation. The first global partners from more than 20 countries and regions will collaborate to explore content creation and marketing potential to deliver effective growth.
In addition, Homestyler shared the unique advantages of its software and cloud designing tools, particularly in cloud rendering, free modeling capabilities, 3D model and material libraries, one-stop workflow, and user-friendliness.
“The core technologies and products of Homestyler extend through all links both online and offline and deeply converge physical experience with digital technologies, such as attracting customers, content design and creation, interactive scene, check-out tracking and more, and we continue to optimize and enhance the 3D scenario shopping experience to empower the transformation and upgrading of the global home furnishing industry,” said Ma Xingjian, head of Homestyler’s overseas business.
Looking ahead, Easyhome and Homestyler aims to establish an international service, regional distribution and dealership system, serving as a bridge between global designers and home furnishing companies worldwide to enable designers residing in different countries and regions to highlight their 3D design solutions and boost shopping experience for the consumers.
As a creative hub for global designers, Homestyler continually expands its model library with home furnishing products from around the world and provides the latest in 3D and AI technologies to help companies promote their products across various channels. Companies such as P Life Concept London, Lahoma Ltd., and Tecnobit S.r.l. are leveraging Homestyler products to enhance the online shopping experience and increase efficiency on their websites. Homestyler plans to introduce more B2B digital products and services, including advanced 3D tools for designing, modeling, rendering, virtual studio shooting, and livestreaming. “Homestyler will further advance our international development: we are planning to establish industry-academy cooperation with Italy’s top design institution, the Polytechnic University of Milan, and the relationship with ADI. With the launch of Global Partners Program, Homestyler will continue to invest in supporting policies and boost international influence through various cooperation programs, to achieve the goal of providing better design services for users globally,” said Xu Min, general manager of Homestyler.
For more information, please visit https://www.homestyler.com.
About Homestyler
Homestyler was jointly invested in by Easyhome New Retail Group and Alibaba Group. It is dedicated to provide 3D cloud design tools for designers worldwide and delivering a comprehensive suite of 3D+AI digital solutions to the furniture and home furnishing industry.

View original content:https://www.prnewswire.co.uk/news-releases/homestyler-to-recruit-first-batch-of-global-partners-in-20-countries-302127111.html

Continue Reading

Trending