Market Overview:
The global green technology market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about the benefits of using green technology and the rising demand for energy-efficient products. The global green technology market by type is segmented into HVAC products, water solutions, and others. The HVAC products segment accounted for the largest share of the global green technology market in 2017 and is projected to grow at a CAGR of 11% from 2018 to 2030. This growth can be attributed to the increasing demand for energy-efficient HVAC products across residential and non-residential applications. The global green technology market by application is segmented into non-residential and residential applications. The non-residential application segment accounted for the majority share of the global green technology market in 2017 and is projected to grow at a CAGR of 10% from 2018 to 2030 due to rising investments in commercial buildings across regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). However,the residential application segmentis expectedto witness highergrowth rates attheCAGRof11%.
Product Definition:
Green technology is a term used to describe the use of technology that has been designed with the environment in mind. This can include using renewable resources or reducing waste. Green technology can help businesses and consumers save money while protecting the environment.
HVAC Products:
HVAC Products, it's usage and growth factor in Green Technology market? HVAC Products include air conditioners, heat pumps, central heating systems and refrigeration equipment. The global HVAC industry was estimated at USD 85 billion in 2012. It is expected to grow at a CAGR of XX% from 2014 to 2020.
Water Solutions:
Water solutions are used in green technology to remove contaminants from water. It is a process of separating solid particles and liquid by using various techniques such as filtration, distillation, or crystallization. The solution is used for treating wastewater before it is discharged into the environment or recycled. Water solutions are widely applied in industries such as food & beverage processing, pharmaceuticals manufacturing, pulp & paper production and mining among others which results in high demand for this market globally.
Application Insights:
Non-residential application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rapid industrialization, urbanization, and rise in per capita income are expected to drive demand for energy efficient products across various end-use industries including construction, manufacturing, power generation and transportation.
The residential sector is anticipated to witness significant growth over the forecast period owing to rising awareness regarding environment protection coupled with increasing disposable income levels of consumers in developed economies such as U.S., Canada, Germany and France.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding energy conservation and sustainable development, rising disposable income of consumers and rapid urbanization in emerging economies such as China, India, Indonesia, Vietnam among others. In addition, growing real estate sector in these countries will drive the demand further.
Europe accounted for a significant share of revenue owing to early adoption of green technologies across various sectors including non-residential buildings (office spaces), residential buildings (houses) and transportation modes. Moreover HVAC products segment is anticipated to witness high growth rate due to its widespread application scope across all segments including commercial building complexes; households; hotels & restaurants etc.
North America region occupied a prominent position in 2016 with U.S.
Growth Factors:
- Increasing awareness about the benefits of green technology: There is a growing awareness among people about the benefits of using green technology. This is helping to drive demand for products that are powered by green technology.
- Rising concerns over climate change and environmental degradation: There is a growing concern among people about climate change and its impact on the environment. This is driving demand for products that help reduce greenhouse gas emissions and conserve energy.
- Government initiatives to promote use of green technology: Governments around the world are promoting the use of green technology through various initiatives such as tax breaks, subsidies, and grants. This is helping to drive demand for these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Green Technology Market Research Report
By Type
HVAC Products, Water Solutions, Others
By Application
Non-Residential, Residential
By Companies
GE, Siemens, Spruce Finance, Vivint Solar, Eco-$mart, Aqualogic, Trane, JA Solar Holdings, Solar Spectrum, RUUD
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Green Technology Market Report Segments:
The global Green Technology market is segmented on the basis of:
Types
HVAC Products, Water Solutions, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Non-Residential, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Siemens
- Spruce Finance
- Vivint Solar
- Eco-$mart
- Aqualogic
- Trane
- JA Solar Holdings
- Solar Spectrum
- RUUD
Highlights of The Green Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- HVAC Products
- Water Solutions
- Others
- By Application:
- Non-Residential
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Green Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Green technology is a term used to describe technologies that are environmentally friendly. These technologies can help reduce the amount of waste produced, conserve energy, and improve air quality.
Some of the major companies in the green technology market are GE, Siemens, Spruce Finance, Vivint Solar, Eco-$mart, Aqualogic, Trane, JA Solar Holdings, Solar Spectrum, RUUD.
The green technology market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Green Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Green Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Green Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Green Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Green Technology Market Size & Forecast, 2018-2028
4.5.1 Green Technology Market Size and Y-o-Y Growth
4.5.2 Green Technology Market Absolute $ Opportunity
Chapter 5 Global Green Technology Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Green Technology Market Size Forecast by Type
5.2.1 HVAC Products
5.2.2 Water Solutions
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Green Technology Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Green Technology Market Size Forecast by Applications
6.2.1 Non-Residential
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Green Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Green Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Green Technology Analysis and Forecast
9.1 Introduction
9.2 North America Green Technology Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Green Technology Market Size Forecast by Type
9.6.1 HVAC Products
9.6.2 Water Solutions
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Green Technology Market Size Forecast by Applications
9.10.1 Non-Residential
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Green Technology Analysis and Forecast
10.1 Introduction
10.2 Europe Green Technology Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Green Technology Market Size Forecast by Type
10.6.1 HVAC Products
10.6.2 Water Solutions
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Green Technology Market Size Forecast by Applications
10.10.1 Non-Residential
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Green Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Green Technology Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Green Technology Market Size Forecast by Type
11.6.1 HVAC Products
11.6.2 Water Solutions
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Green Technology Market Size Forecast by Applications
11.10.1 Non-Residential
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Green Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America Green Technology Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Green Technology Market Size Forecast by Type
12.6.1 HVAC Products
12.6.2 Water Solutions
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Green Technology Market Size Forecast by Applications
12.10.1 Non-Residential
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Green Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Green Technology Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Green Technology Market Size Forecast by Type
13.6.1 HVAC Products
13.6.2 Water Solutions
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Green Technology Market Size Forecast by Applications
13.10.1 Non-Residential
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Green Technology Market: Competitive Dashboard
14.2 Global Green Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Siemens
14.3.3 Spruce Finance
14.3.4 Vivint Solar
14.3.5 Eco-$mart
14.3.6 Aqualogic
14.3.7 Trane
14.3.8 JA Solar Holdings
14.3.9 Solar Spectrum
14.3.10 RUUD
