Analysing the alignment between circular economy and industry 4.0 nexus with industry 5.0 era: An integrative systematic literature review

Sehrish Atif

Sustainable Development, 2023, vol. 31, issue 4, 2155-2175

Abstract: Circular economy (CE) and Industry 4.0 (I4.0) laid the foundation of intelligent and sustainable manufacturing based on real‐time data collection. However, the absence of a human‐centric approach has recently pushed for a more value‐driven Industry 5.0 (I5.0) vision. A systematic literature review is conducted by critically analysing the peer‐reviewed academic journals to evaluate the material‐flow of a product's lifecycle and information‐flow in a data‐driven platform to find any existing relationship between the CE and I4.0 nexus with I5.0. The results indicate that the application of I5.0 is significantly more comprehensive as it is not limited to industry‐focused but also considers broader societal values. I5.0 places the human‐centric approach at the centre of the production process and utilise innovative technical advancement to provide a sustainable and resilient smart manufacturing path. It extends the tech features of I4.0 and complements the CE paradigm that prospers beyond jobs and growth while respecting the environment.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:31:y:2023:i:4:p:2155-2175

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