The global green technology and sustainability market size is expected to reach USD 68.22 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising awareness among consumers regrading environmental degradation and global warming.
Increasing dependence on non-renewable energy technologies and excessive usage of fossil fuels have generated excessive carbon emissions and resulted in global warming. Government and private organization are developing and deploying green technologies to reduce pollution and protect or enhance the natural environment by conserving energy and natural resources, reduce or eliminate use of toxic agents, and stem pollution and waste. Increasing preference towards renewable sources of energy such as solar panels, wind turbines, and solar heating to minimize greenhouse gas emissions are other major factors driving revenue growth of the global green technology market. Solar energy is a popular type of green technology, which helps in reducing energy bills and dependency on fossil fuels.
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Utilization of Artificial Intelligence (AI) in the energy sector can enhance predictability of demand and supply for renewables across a distributed grid, assist in integration and reliability of renewables, improve energy storage, efficiency, and load management, and enable dynamic pricing and trading, which create market incentives. AI-guided autonomous vehicles have the ability to minimize greenhouse gas emissions through route and traffic optimization, eco-driving algorithms, and autonomous ride-sharing services.
The report projects the market is anticipated to grow at a significant rate owing to rapid advancements and technological developments in the sector. The report offers strategic recommendations to businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others.
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Green Technology and Sustainability Market:
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East Africa
Rest of MEA
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Emergen Research has segmented the global green technology and sustainability market on the basis of technology, application, and region:
Technology Outlook (Revenue, USD Billion; 2018–2028)
Internet of Things (IoT)
Artificial Intelligence Analytics
Application Outlook (Revenue, USD Billion; 2018–2028)
Carbon footprint management
Air and Water Pollution
Soil Condition/Moisture Monitoring
Weather monitoring and forecasting
Some major companies in the global market report include General Electric, IBM, Enablon, Salesforce, Microsoft Corporation, Schneider Electric, ENGIE Impact, Intelex Technologies Inc., Cority Software Inc., and Sensus.
Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Green Technology and Sustainability market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Green Technology and Sustainability market size
2.2 Latest Green Technology and Sustainability market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Green Technology and Sustainability market key players
3.2 Global Green Technology and Sustainability size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Green Technology and Sustainability market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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