The carbon footprint management market is expected to expand significantly in the forecast period from 2022 to 2026.

Renewable energy generation costs have sharply declined due to technological advancements, a better competitive supply chain of renewable energy, and rising economies of scale with smart battery thermal management. 

Many countries across the world are grappling with inflation. In the US, the annual inflation rate reached 9.1% in June 2022, the highest since 1981. One of the key reasons is high oil prices, which are troubling everyone, from consumers to businesses.

The COVID-19 pandemic has served as a backdrop for a number of major climate actions around the country, including a raft of historic clean energy mandates in California.

The development of national and international "net zero" objectives has been one of the most noteworthy characteristics of climate policy in recent years.

Countries around the world have had their hands full battling the spread of COVID-19, but another looming existential crisis—the threat of climate change—hasn’t been forgotten either.

With the introduction of agriculture drones and robots, several concerns related to the growth of farm produce can be resolved, including the shifting structure of the agriculture workforce along with the problem of decreasing arable land as compared to the fast-growing population.

As the global population continues to grow, access to clean water will be more critical than ever, particularly in remote or rural regions lacking the infrastructure or funds to construct large-scale water treatment facilities. As a result, packaged water treatment systems have seen a rise in worldwide popularity.

According to a new market intelligence report by BIS Research, the global smart farming market is expected to reach $23.14 billion by 2022, rising at a compound annual growth rate (CAGR) of 19.3% from 2017 to 2022.

The market growth is primarily attributed to the increasing demand for higher crop yield, the growing penetration of information and communication technology (ICT) in farming, and the increasing need for climate-smart agriculture.

According to a new market research report by BIS Research, the global aquaponics & hydroponics systems and equipment market is expected to reach $1.98 billion by 2022. Compared to traditional agricultural and aquaculture practices, aquaponics and hydroponics systems help enhance productivity with minimum inputs.