Carbon Management in the Global Manufacturing Sector

"Carbon"

07/06/2010

Market Forces, Regulatory Issues, Competitive Landscape, and Worldwide Forecasts for Carbon Management Software and Services


Manufacturing is the largest source of greenhouse gas (GHG) emissions. In 2007, global manufacturing industries accounted for about 40% of total CO2 emissions. As a result, carbon management and reduction have become serious issues for manufacturers in practically every country around the world. To address the GHG emissions challenge, manufacturers are compelled to examine their supply chain for opportunities to manage carbon emissions effectively, all the way from sourcing and production, to distribution and product afterlife. It is impossible to understand the carbon footprint associated with manufacturing unless the entire supply chain is examined.

As a result, there is a strong and growing need for assistance in putting programs in place to manage and reduce a manufacturer’s GHG emission. Pike Research forecasts that the carbon management software and services market for the manufacturing sector will increase rapidly at a 33% compound annual growth rate (CAGR) during the period from 2009 to 2017. While Western Europe will remain the largest market opportunity until 2011, North America will become the largest market thereafter.