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Circular Economy in Electronics Extends Hardware Life

Key Takeaways
  • Industrial automation adopts circular economy practices.
  • Refurbished units cost 30-50% less than new OEM replacements.
  • Extending hardware life reduces carbon footprint.
  • Strategic sourcing from secondary markets is crucial.
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Strategic Implications

The adoption of circular economy practices in industrial automation may indicate a shift towards sustainability and cost-effectiveness. This approach could strengthen supply-chain resilience and reduce electronic waste, which suggests a positive impact on the environment and the industry's bottom line.

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What Happened

Industrial Automation Shifts to Sustainable Practices

The world generates tens of millions of tonnes of electronic waste annually, while factories face semiconductor shortages. A circular economy approach in industrial automation can help extend hardware life, reduce waste, and strengthen supply-chain resilience. Refurbished units can cost 30-50% less than new OEM replacements, and extending hardware life reduces carbon footprint. This article was first reported by Robotics & Automation News.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Circular Economy in Electronics Extends Hardware Life

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Industrial automation adopts circular economy practices.
  • Refurbished units cost 30-50% less than new OEM replacements.
  • Extending hardware life reduces carbon footprint.
  • Strategic sourcing from secondary markets is crucial.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

The adoption of circular economy practices in industrial automation may indicate a shift towards sustainability and cost-effectiveness. This approach could strengthen supply-chain resilience and reduce electronic waste, which suggests a positive impact on the environment and the industry's bottom line.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Industrial Automation Shifts to Sustainable Practices

The world generates tens of millions of tonnes of electronic waste annually, while factories face semiconductor shortages. A circular economy approach in industrial automation can help extend hardware life, reduce waste, and strengthen supply-chain resilience. Refurbished units can cost 30-50% less than new OEM replacements, and extending hardware life reduces carbon footprint. This article was first reported by Robotics & Automation News.

Source

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