NEWARK, Del., Aug. 09, 2022 (GLOBE NEWSWIRE) — According to a recent report published by Future Market Insights (FMI), the global climate tech market is estimated to showcase a noteworthy CAGR of around 24.2% from 2022-2032.
The report states that the global market is expected to reach a valuation of ~US$ 16.9 Bn by the end of 2022. Stringent regulations to control climate pollution in major economies would drive demand for climate tech solutions and services.
Demand for climate tech solutions is expected to grow rapidly across a wide range of industries, including utilities, power & energy, transportation & logistics, and oil & gas. The climate tech market is expected to grow at a rapid pace as a result of increased use of advanced technologies to monitor various forms of pollutants.
To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15411
Key Takeaways: Climate Tech Market
- By component, the solutions segment is anticipated to account for the largest share of 81.7% in the global climate tech market by 2032.
- By technology, the blockchain segment is estimated to grow at a robust CAGR of 23.9% during the forecast period.
- By application, the carbon footprint management segment is set to grow at 23.6% CAGR during the evaluation period.
- The US accounted for about 81.3% of the North American climate tech market share in 2021.
- The global climate tech market exhibited a CAGR of around 17.5% during the historical period (2017-2021).
“Emergence of Industry 4.0 to promote the use of sustainable practices and eco-friendly technology for reducing power and energy consumption is projected to drive demand for climate tech,” says an FMI analyst.
Key Companies Profiled
- GE
- IBM
- Enablon
- Salesforce
- Microsoft
- Schneider Electric
- Engie Impact
- Intelex
- Enviance
- Sensus
- Lo3 Energy
- Isometrics
- Taranis
- Trace Genomics
- Consensys
- Cropx
- Hortau
Promotion of Green Technology by Government Agencies to Drive the Global Market
The global climate tech market is set to expand at a rapid pace as consumers and businesses are becoming more conscious about the negative effects of climate change. Various countries are also focusing on using renewable energy sources to cut back on pollution and provide a brighter future to the next generation.
Key players worldwide are investing huge sums in renewable energy projects to support the advancement of various sectors, including transportation. Government agencies are also attempting to promote green technologies, which would aid growth.
Ask Our Analyst More about Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-15411
More Valuable Insights on Climate Tech Market
Future Market Insight’s report on climate tech market industry research is segmented into five major sections – component (solutions, and services [consulting, integration & deployment, and support & maintenance]), technology (IoT, AI & analytics, digital twin, cloud computing, security, and blockchain), application (carbon footprint management, green building, water purification, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting) , air & water pollution monitoring, and sustainable mining & exploration), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the climate tech demand outlook.
Table of Contents
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Climate Tech Innovation / Development Trends
Request Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-15411
Latest Trending Report of ICT :
Trade Management Software Market Size: global trade management software market is projected to grow steadily at a CAGR of 10.9% value, during the forecast period 2022-2032.
Augmented Reality Glasses Market Share: The global Augmented reality glasses market is expected to be valued at US$ 11.8 Billion in 2022, expected to reach US$ 74.4 Billion by 2032.
Assisted Living Software Market Forecast: The global assisted living software market accumulated a market value of US$ 280 Million in 2022 and is expected to register a CAGR of 10.4%.
Electro Optical System Market Trends: The global electro optical system market is expected to be valued at US$ 11,724.2 Million in 2022n expected to reach US$ 17,806.2 Million by 2032.
Electronic Weighing Scale Market Volume: The electronic weighing scale market is forecast to reach US$ 4,775.3 Million in 2022, further rising to US$ 8,084.9 Million by 2032.
Wireless Lighting Market Analysis: The global wireless lighting market is slated to top a valuation of US$ 1,31,896 million in 2022.
Project Portfolio Management Market Demand: global sales of Project Portfolio Management Market in 2021 was held at US$ 4.4 Bn. With 5.2% projected growth, the market is expected to reach a valuation of US$ 7.8 Bn by 2032.
Purpose-built Backup Appliance Market Outlook: Purpose-built Backup Appliance (PBBA) Market analysis report by Future Market Insights shows that global sales of Purpose-built Backup Appliance Market in 2021 was held at US$ 9.3 Bn.
Rich Communication Services (RCS) Market Growth: global sales of Rich Communication Services (RCS) Messaging Market in 2021 was held at US$ 1.9 Bn.
White Box Server Market Sales: The global white box server market is forecasted to be valued at US$ 43,993.5 million by 2032, up from US$ 13,517.8 million in 2022, advancing at a CAGR of 12.5% during the forecast period.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Reports: https://www.futuremarketinsights.com/reports/climate-tech-market
For Sales Enquiries: [email protected]
Browse Other Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
.