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The market size for global green technology and sustainability is anticipated to reach at USD 23 billion by 2025. Advancement of decentralized renewable energy sources have gained traction owing to the growing awareness of shrinking natural resourced along with the increase in adverse effect of human technology over the environment. Thus, the demand for products that are encouraging environmental awareness and are less harmful are likely to fuel the green technology and sustainability industry growth.
Green technology and sustainability has witnessed high growth since it includes equipment, products, and systems to reduce the negative impact by the human activities over environment and conserve the natural resources. Various nations have adopted and developed green technologies to endorse the advancement of renewable energy technologies and its rage of applications within the electric grid systems.
Key Segments of the Global Green Technology and Sustainability Market
Technology Overview, 2018-2025 (USD Billion)
Application Overview, 2018-2025 (USD Billion)
Regional Overview, 2018-2025 (USD Billion)
Reasons for the study
What does the report include?
Who should buy this report?
Due to the urbanization and industrialization, the environmental health has been continuously deteriorating. Green technology and sustainability enables to bring stability and maintain the ecological balance within the surroundings. Presently, governments and private organizations throughout the world are promoting the adoption of green technology and sustainability solutions, which has been a key factor behind the advancements in the global industry. Most of the industry participants for green technology solutions are constantly looking to develop innovate products and services. On the other hand, rapidly growing economies in the developed nations that include UK, France, Germany, U.S., among others are implementing green technology and sustainability solutions owing to a strong regulations and compliance imposed by the governments. Additionally, increasing investments by the companies as well as governments in the developing nations to address the climate change issues by adopting green technologies in the agriculture, energy & utilities, weather, transportation, and other sectors.
Technology Segment
The global green technology and sustainability market contains digital twin, artificial intelligence (AI) & analytics, cloud computing, internet of things (IoT), security, and block-chain. The internet of things (IoT) segment has gathered the largest market share within the global green technology and sustainability industry in 2019. This is predominantly owing to a high growth of IoT equipment and devices as a functional part in the green technology and sustainability with minimum carbon emission. The block-chain segment is anticipated to grow at a significant growth rate from 2020 to 2025.
Application Segment
Based on the application, the market is segmented into fire detection, carbon footprint management, soil condition/moisture monitoring, green building, water purification, water leak detection, weather monitoring & forecasting, crop monitoring, forest monitoring, air & water pollution monitoring, and sustainable mining & exploration. The market for fire detection is anticipated to possess the largest market share in 2019 owing to the stringent regulations imposed by the goventments within the developing as well as developed economies. Moreover, the growing regulatory scrutiny, as well as advantages such as risk management, and customized solutions are some of the factors responsible for the green technology and sustainability demand.
The global green technology and sustainability market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the green technology and sustainability applications, owing to an outsized presence of organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the green technology and sustainability market in North America.
The major players of the global green technology and sustainability market are IBM, Enablon, Enviance, Sensus, General Electric, Taranis, LO3 Energy, ConsenSys, Trace Genomics, CropX, SMAP Energy, Treevia, Hortau, Pycno, and more. The green technology and sustainability market is fragmented with the existence of well-known global and domestic players across the globe.
The market size for global green technology and sustainability is anticipated to reach at USD 23 billion by 2025. Advancement of decentralized renewable energy sources have gained traction owing to the growing awareness of shrinking natural resourced along with the increase in adverse effect of human technology over the environment. Thus, the demand for products that are encouraging environmental awareness and are less harmful are likely to fuel the green technology and sustainability industry growth.
Green technology and sustainability has witnessed high growth since it includes equipment, products, and systems to reduce the negative impact by the human activities over environment and conserve the natural resources. Various nations have adopted and developed green technologies to endorse the advancement of renewable energy technologies and its rage of applications within the electric grid systems.
Key Segments of the Global Green Technology and Sustainability Market
Technology Overview, 2018-2025 (USD Billion)
Application Overview, 2018-2025 (USD Billion)
Regional Overview, 2018-2025 (USD Billion)
Reasons for the study
What does the report include?
Who should buy this report?
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.2.1 Primary Sources
2.2.2 Secondary Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Data Triangulation
2.6 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
4.1 Introduction
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Increasing Environmental Awareness and Concerns
4.3.1.2 Increasing Use of RFID Sensors Across Different Industries
4.3.2 Restraints
4.3.2.1 High Product Cost Associated With Green Technology Solutions
4.3.3 Opportunities
4.5 PEST Analysis
Chapter 5 Green Technology and Sustainability Market by Technology
5.1 Introduction
5.1.1 Internet of Things (IoT)
5.1.2 Artificial Intelligence (AI) & Analytics
5.1.3 Digital Twin
5.1.4 Cloud Computing
5.1.5 Security
5.1.6 Blockchain
Chapter 6 Green Technology and Sustainability Market by Application
6.1 Introduction
6.1.1 Fire Detection
6.1.2 Carbon Footprint Management
6.1.3 Soil Condition/Moisture Monitoring
6.1.4 Green Building
6.1.5 Water Purification
6.1.6 Water Leak Detection
6.1.7 Weather Monitoring & Forecasting
6.1.8 Crop Monitoring
6.1.9 Forest Monitoring
6.1.10 Air & Water Pollution Monitoring
6.1.11 Sustainable Mining & Exploration
Chapter 7 Green Technology and Sustainability Market By Region
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 Germany
7.3.2 France
7.3.3 UK
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Middle East & Africa
7.5.1 UAE
7.5.2 South Africa
7.5.3 Rest of Middle East & Africa
7.6 South America
7.6.1 Brazil
7.6.2 Rest of South America
Chapter 8 Competitive Landscape
8.1 Overview
8.2 Strategic Initiatives
8.2.1 Mergers & Acquisitions
8.2.2 New Product Launch
8.2.3 Investments
8.2.4 Expansion
8.2.5 Others
Chapter 9 Company Profiles
9.1 General Electric
9.1.1 Overview
9.1.2 Products and Services Portfolio
9.1.3 Recent Initiatives
9.1.4 Company Financials
9.1.5 SWOT
9.2 IBM
9.2.1 Overview
9.2.2 Products and Services Portfolio
9.2.3 Recent Initiatives
9.2.4 Company Financials
9.2.5 SWOT
9.3 Enablon
9.3.1 Overview
9.3.2 Products and Services Portfolio
9.3.3 Recent Initiatives
9.3.4 Company Financials
9.3.5 SWOT
9.4 Enviance
9.4.1 Overview
9.4.2 Products and Services Portfolio
9.4.3 Recent Initiatives
9.4.4 Company Financials
9.4.5 SWOT
9.5 Sensus
9.5.1 Overview
9.5.2 Products and Services Portfolio
9.5.3 Recent Initiatives
9.5.4 Company Financials
9.5.5 SWOT
9.6 Taranis
9.6.1 Overview
9.6.2 Products and Services Portfolio
9.6.3 Recent Initiatives
9.6.4 Company Financials
9.6.5 SWOT
9.7 Trace Genomics
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Recent Initiatives
9.7.4 Company Financials
9.7.5 SWOT
9.7 LO3 Energy
9.7.1 Overview
9.7.2 Products and Services Portfolio
9.7.3 Recent Initiatives
9.7.4 Company Financials
9.7.5 SWOT
9.8 ConsenSys
9.8.1 Overview
9.8.2 Products and Services Portfolio
9.8.3 Recent Initiatives
9.8.4 Company Financials
9.8.5 SWOT
9.9 CropX
9.9.1 Overview
9.9.2 Products and Services Portfolio
9.9.3 Recent Initiatives
9.9.4 Company Financials
9.9.5 SWOT
9.10 Other Companies