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NEWARK, Del., Aug. 09, 2022 (GLOBE NEWSWIRE) — According to a recent report published by Future Market Insights (FMI), the global climate technology market is projected to exhibit the highest CAGR around. 24.2% From 2022-2032.
The report is expected to reach the global market price ~ USD 16.9 billionn In the year By the end of 2022, major economies will increase demand for climate technology solutions and services to manage climate pollution.
Demand for climate technology solutions is expected to grow rapidly in a variety of industries, including utilities, power and energy, transportation and logistics, and oil and gas. The climate technology market is expected to grow rapidly with the use of advanced technologies to control various types of pollution.
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Key takeaways: Climate Tech Market
- Overall, the solutions segment is expected to hold the largest share of 81.7% in the global climate technology market by 2032.
- The blockchain segment of technology is estimated to grow at a CAGR of 23.9% during the forecast period.
- In implementation, the carbon footprint management segment is set to grow at a CAGR of 23.6% during the forecast period.
- In the year By 2021, the US will account for 81.3% of the North American climate technology market share.
- The global climate technology market has shown a CAGR of around 17.5% during the historical period (2017-2021).
The emergence of Industry 4.0 to promote its use Sustainable practices and ecological technology It is predicted to increase demand for climate technology to reduce energy and power consumption,” says an FMI analyst.
Key companies are revealed
- G.E
- IBM
- Annalon
- sales force
- Microsoft
- Schneider Electric
- The influence of Eng
- Intelex
- Jealousy
- Feeling
- Lo3 energy
- Isometrics
- Taranis
- Traceability Genomics
- Communication
- Cropax
- Horta
Promotion of green technology by government agencies to promote international market
The global climate technology market is set to expand rapidly as consumers and businesses become increasingly aware of the negative impacts of climate change. Various countries are focusing on reducing pollution by using renewable energy sources to give bright hope to the next generation.
Globally, key players are investing heavily in renewable energy projects to support growth in various sectors, including transportation. Government agencies are trying to promote green technologies, which will help growth.
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More useful insights on the climate tech market
Future Market Insights The Climate Technology Market Industry Research Report is divided into five major segments – 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 treatment, soil condition/moisture monitoring, crop monitoring, forest monitoring, weather monitoring and forecasting, air and water pollution monitoring, and sustainable mining and exploration), and region (North America, Latin America, Europe, East Asia, South Asia and the Pacific, and the Middle East and Africa), to help readers understand and evaluate important opportunities in . A look at the need for climate technology.
Table of contents
1. Executive summary
1.1. Global market outlook
1.2. Side trends of interest
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 affecting the market
3.2. Climate Tech Innovation/Development Trends
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about us
Future Market Insights (an ESOMAR certified market research firm and member of the Greater New York Chamber of Commerce) provides in-depth insights into the management factors driving interest in the market. On the basis of source, application, sales channel, and end-use, the market growth over the next 10-years is projected to benefit from various sectors.
Contact:
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T: +1-845-579-5705
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