Green Technology Market Is Expected To Reach around USD 65

FARMINGTON, Jan. 16, 2023 (GLOBE NEWSWIRE) — The Global Market of green technologies It is expected to grow from USD 65 billion in 2022 to 2030 at a CAGR of 7.5%. Green technology is the use of technology to conserve natural resources and reduce environmental pollution. These kinds of technologies are created to help solve environmental problems. Renewable energy sources such as solar, wind and hydropower are examples of green technologies. So are clean technologies such as hybrid cars and fuel cells. Green technologies also include things like double glazing and thermal insulation that save energy. This market is expected to grow as more people learn about climate change and how it affects human health, more people want products and services that use less energy, and more people are concerned about environmental pollution.

Request a sample copy of the report”Green Technology Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Impact of Covid-19, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.

Recent developments:

  • In January 2020 GE Hitachi Nuclear Power and Terra Power collaborated on the design and construction of the VTR for the US Department of Energy. The collaboration brings together a strong team of engineers and scientists with extensive experience in sodium reactor technology.
  • In September 2019 Salesforce released Sustainability Cloud, a carbon accounting product for businesses. Salesforce’s Sustainability Cloud enables businesses to quickly track, analyze and report reliable environmental data to help them reduce carbon emissions.

Regional outlook:

The Asia-Pacific green technology market is expected to grow significantly over the next few years. This is because more and more people are becoming aware of energy conservation and sustainable development. In 2019, the region’s revenue share was more than 35% and is expected to remain the most important during the forecast period. This could be because the population is growing, people are moving rapidly to cities, the economy is growing, or the weather is changing.

Also Read :  🌱 Virtual Neighborhood Meeting + County Offices' Internet

The Asia-Pacific region has seen more hurricanes and floods in the past few years, knocking out power in several countries including China, India, Japan and Australia. Also due to these natural disasters, governments around the world have adopted policies to promote the use of renewable energy sources to generate electricity. This will significantly increase the demand for green technologies in the region over the next eight years, from 2020 to 2030.

Buy this premium research [email protected]
https://www.contrivedatuminsights.com/buy/57701/?Mode=PM

Report scope:

Overview of attributes Details
Growth rate CAGR of 7.5% from 2023 to 2030.
Sales forecast until 2030 65 billion USD
By type HVAC Products, Water Solutions, Others
According to the application Non-residential, Residential, Other
According to companies GE, Siemens, Spruce Finance, Vivint Solar, Eco-$mart, Aqualogic, Trane, JA Solar Holdings, Solar Spectrum, RUUD
Areas and countries covered
  • North America: (USA, Canada, Mexico, Rest of North America)
  • Europe (Germany, France, Italy, Spain, United Kingdom, Nordic countries, Benelux Union, Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
  • Latin America (Brazil, Argentina, Rest of Latin America)
  • The rest of the world
Foundation year 2022
Historic year 2017 to 2022
Forecast year 2023 to 2030

Market Growth Factors:

  • Making more people understand the benefits of green technologies: More and more people are realizing the benefits of using green technologies. This makes more and more people want to buy products with green technologies.
  • People are increasingly concerned about climate change and how it will affect the environment. This makes people want to buy things that help reduce greenhouse gas emissions and save energy.
  • Government programs to encourage the use of green technologies: Governments around the world have programs such as tax credits, subsidies and grants that encourage the use of green technologies. This makes more people want to buy these and other products.
Also Read :  Full list of O2 stores that allow struggling Brits to access free mobile data

Key segments covered:

Top players in the market:
GE, Siemens, Spruce Finance, Vivint Solar, Eco-$mart, Aqualogic, Trane, JA Solar Holdings, Solar Spectrum, RUUD and more.

By type

  • HVAC products
  • Aqueous solutions
  • other

According to the application

  • Non-residential
  • Residential
  • Other

Areas and countries covered

  • North America: (US, Canada, Mexico, Rest of North America)
  • Europe: (Germany, France, Italy, Spain, United Kingdom, Nordic countries, Benelux Union, Rest of Europe)
  • Asia Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia Pacific)
  • Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
  • Latin America: (Brazil, Argentina, Rest of Latin America)
  • The rest of the world

Check out other related studies published by Contrive Datum Insights:

  • Market with green roofs – The green roof market size was valued at USD 1.41 billion in 2022 and is projected to reach USD 5.37 billion by 2030, growing at a CAGR of 16.20% between 2023 and 2030. In 2019, Europe accounted for the largest market share and is expected to grow at a CAGR of 15.72% over the next five years.
  • Market of green fertilizers – The global green fertilizer market was valued at USD 2,145.73 million in 2022 and is projected to reach USD 3,332.26 million by 2030, growing at a CAGR of 4.5% between 2023 and 2030. In the coming years, Europe will rule the world market. Overall, the European fertilizer industry has significantly improved the energy efficiency of ammonia production.
  • Market for natural chelating agents with green chelates– The global green chelates/natural chelating agents market is expected to gain market growth during the forecast period of 2022 to 2029. In 2015, more than 40% of the global revenue came from the Asia-Pacific region, which was the largest market.
Also Read :  Robotics Technology Market Outlook 2022: Size (US$ 155.52 Bn), Share, Latest Technology, Analysis, Forecast by 2027

Customize the report: The report can be tailored to the client’s needs or requirements.
If you have any questions, you can contact us at [email protected] or +1 2152974078. Our sales managers will be happy to understand your needs and provide you with the most suitable news.

About us:
Contrive Datum Insights (CDI) is a global partner providing market intelligence and advisory services to officials in various sectors such as investment, information technology, telecommunications, consumer technology and manufacturing markets. CDI helps investment communities, business managers and IT professionals make accurate, insight-driven technology purchasing decisions and pursue strong growth tactics to stay competitive in the marketplace. Comprised of a team size of over 100 analysts and cumulative market experience of over 200 years, Contrive Datum Insights ensures the delivery of expertise combined with global and national expertise.

Social networks: Facebook / LinkedIn / Twitter

Contact us:
Anna B. | Sales Manager
Contrive Date Insights
Phone: +
91 9834816757 | +1 2152974078
By email:
[email protected]

Website:
https://www.contrivedatuminsights.com
Contrive Datum Insights Press Releases
Latest Contrive Datum Insights Latest news

Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button