Global Scans · Industry, Innovation and Infrastructure · Weekly Summary

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In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• The global automotive industry is expected to grow at a 4.4% CAGR until 2032, owing to increased electric car demand, autonomous driving advancements, emerging markets, sustainable transportation initiatives, and stricter emission laws. StockNews.com
• The semiconductor industry in 2024 has the potential for growth and resurgence, driven by technological advancements and a renewed demand in key sectors. Semiconductor Outlook: 2024 Investor Guide | VanEck
• The European Industrial Alliance on Small Modular Reactors (SMRs) aims to facilitate and accelerate the development, demonstration, and deployment of SMRs in Europe by the early 2030s. Internal Market, Industry, Entrepreneurship and SMEs
• In combination with other sources of clean energy, SMRs will play a role in achieving the clean energy transition and boosting energy security in Europe in the coming years by helping to decarbonise industry, produce low-carbon hydrogen and provide heat to industry and urban districts. Energy
• The finance sector's SEO opportunities in 2024 are vast, offering innovative ways to connect with audiences and build trust. DailyInvestNews
• 2024's 3DEXPERIENCE World will feature a particular focus on innovations that are advancing the global push for sustainability, and how 3DEXPERIENCE Works can help imagine and redesign products, processes and business models to improve the world people want to live in. Yahoo Finance
• Among industries globally, generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually in value across the 63 use cases it analyzed - a great opportunity and a benefit for the logistics industry as well. Logistics Management
• The Defence Innovation Unit awarded Anduril Industries a contract that will get its Dive family of large-diameter autonomous underwater vehicles into the hands of sailors for operations in 2024. Yahoo News
• As many as 37.4% of industry professionals are planning to move production / sourcing out of China or reduce investment which means the world's leading producer will be the most impacted. B2B CAMBODiA
• In summary, the significance of hydrogen lies in its potential to address climate change, promote energy security, and drive innovation across various sectors, ultimately contributing to a more sustainable and resilient global energy system in achieving 2050 climate goals. MDPI
• China, the world's leading producer, stands to be most affected: 37.4% of industry professionals say they plan to move production / sourcing out of China or reduce investment there. Macau Business
• China's shale gas industry has made great progress in recent years, and shale gas has the potential for sustainable development in terms of technology, economy and environment. Nature
• The Spanish mobile industry expects today's announcement to accelerate the growth of digital services and apps, by ensuring they integrate seamlessly with national mobile networks, as well as hundreds of others around the world. Intelligent CISO
• Another scenario explores the development of the CO 2 infrastructure network based on the storage capacity objective of 50 million tonnes per year in the EU by 2030, as included in the Net-Zero Industry Act proposal. EU Science Hub
• The focus on AI aligns with global trends, where AI and machine learning have increasingly become integral to solving complex problems, enhancing productivity, and creating new opportunities across industries. Prompt Engineering Daily
• Adaptability and Resilience: The year 2024 will witness rapid technological advancements and industry disruptions caused by AI in the workplace. Gratifi
• Looking forward to 2024, the HKMA plans to focus on balancing digital innovation with risk management, enhancing operational resilience, combating financial crimes, protecting consumers, and supporting sustainable practices. Fintech Hong Kong
• The REWIRE IKC will leverage the talent of UK research and industry to develop the next generation of power semiconductor technologies. University of Bristol
• Increasing carbon removals from land-based and industrial sources would bring net emissions down further (dashed black line) and enable net-zero emissions to be reached in 2050, despite ongoing residual emissions in some sectors - notably agriculture. Carbon Brief
• The Cornerstone IKC will unite leading UK entrepreneurs and researchers, together with a network of support to improve the commercialization of semiconductors and deliver a step-change in the silicon photonics industry. TechWorks
• Major apparel exporters in Asia, such as China and Bangladesh, might assume a less dominant role as a sourcing base for recycled clothing due to their insufficient infrastructure for efficiently sorting used clothing and generating high-quality recycled textile materials. FASH455 Global Apparel & Textile Trade and Sourcing
• The project which will be implemented by Ethiopian Textile Industries Development Institute in the next five years will focus on the promotion of a circular economy in the textile and garment sector through the introduction of resource-efficient technologies. ENA English
• Italy has significant opportunities for the development of floating offshore wind, contributing to the decarbonization path and creating value for the industry and local sectors. BlueFloat Energy

Last updated: 11 February 2024