Environmental Technology Market: By Component, By Technological Solutions, By Application and By Geography
Environmental Technology Market: By Component, By Technological Solutions, By Application and By Geography
Environmental Technology Market size was valued at US$ 550.3 million in 2022 and is expected to reach a value of US$ 748.9 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The global market provides a detailed overview market and that can be segmented by component, technological solutions and application. By component, the environmental technology market has been segmented into solutions and services. The solutions segment is likely to be the largest and fastest-growing segment in terms of components. Based on technological solutions, the environmental technology market is segmented into waste valorization, greentech, nuclear energy, and bioremediation. Among these, the greentech, nuclear energy segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of application, the market is segregated into municipal and industrial. The municipal segment held a considerable market share during the forecast period.
Study Period
2024-2030Base Year
2023CAGR
4.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Some key factors propelling the market growth are massive government expenditures, a rise in the use of environmental technologies to monitor different types of pollution, and numerous industries have seen extraordinary growth, including oil & gas, manufacturing, retail, consumer goods, government & defense, electricity, energy & utilities, and others.
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. As a result of the region's continued population growth, the energy industry is predicted to stimulate the growth of the environmental technology market in the area. Also, the region has seen the fastest and broadest adoption of environmental technologies to address major environmental problems.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 550.3 million |
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Market Size in 2029 |
US$ 748.9 million |
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Market CAGR |
4.5% |
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By Component |
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By Solutions |
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By Application |
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The environmental technology market is projected to expand at a CAGR of 4.5% during the forecast period.
The major players in the global environmental technology market are AECOM (US), Lennox International (US), Climeworks (Switzerland), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US) and Arcadis N.V. (Netherlands).
Asia Pacific is the fastest-growing region for environmental technology market
| 1.Executive Summary |
| 2.Global Environmental Technology Market Introduction |
| 2.1.Global Environmental Technology Market - Taxonomy |
| 2.2.Global Environmental Technology Market - Definitions |
| 2.2.1.Component |
| 2.2.2.Solutions |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Environmental Technology Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Environmental Technology Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Environmental Technology Market By Component, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Solutions |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Services |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Environmental Technology Market By Solutions, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Waste Valorization |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Greentech |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Nuclear Energy |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Bioremediation |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Environmental Technology Market By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Municipal |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Industrial |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8.Global Environmental Technology Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Environmental Technology Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Component Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Solutions |
| 9.1.2.Services |
| 9.2. Solutions Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Waste Valorization |
| 9.2.2.Greentech |
| 9.2.3.Nuclear Energy |
| 9.2.4.Bioremediation |
| 9.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Municipal |
| 9.3.2.Industrial |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Environmental Technology Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Solutions |
| 10.1.2.Services |
| 10.2. Solutions Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Waste Valorization |
| 10.2.2.Greentech |
| 10.2.3.Nuclear Energy |
| 10.2.4.Bioremediation |
| 10.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Municipal |
| 10.3.2.Industrial |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Environmental Technology Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Solutions |
| 11.1.2.Services |
| 11.2. Solutions Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Waste Valorization |
| 11.2.2.Greentech |
| 11.2.3.Nuclear Energy |
| 11.2.4.Bioremediation |
| 11.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Municipal |
| 11.3.2.Industrial |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Environmental Technology Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Solutions |
| 12.1.2.Services |
| 12.2. Solutions Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Waste Valorization |
| 12.2.2.Greentech |
| 12.2.3.Nuclear Energy |
| 12.2.4.Bioremediation |
| 12.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Municipal |
| 12.3.2.Industrial |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Environmental Technology Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Component Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Solutions |
| 13.1.2.Services |
| 13.2. Solutions Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Waste Valorization |
| 13.2.2.Greentech |
| 13.2.3.Nuclear Energy |
| 13.2.4.Bioremediation |
| 13.3. Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Municipal |
| 13.3.2.Industrial |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.AECOM (US) |
| 14.2.2.Lennox International (US) |
| 14.2.3.Climeworks (Switzerland) |
| 14.2.4.Teledyne Technologies Incorporated (US) |
| 14.2.5.Thermo Fisher Scientific Inc. (US) |
| 14.2.6.Abatement Technologies (US) |
| 14.2.7.Veolia (France) |
| 14.2.8.Waste Connections (US) |
| 14.2.9.Total SA (France) |
| 14.2.10.Covanta Holding Corporation (US) |
| 14.2.11.SUEZ (US) |
| 14.2.12.Biffa (England) |
| 14.2.13.Carbon Clean (UK) |
| 14.2.14.Cypher Environmental (Canada) |
| 14.2.15.Svante Inc. (Canada) |
| 14.2.16.CarbonCure Technologies Inc. (Nova Scotia) |
| 14.2.17.Sunfire GmbH (Germany) |
| 14.2.18.BacTech Inc. (Canada) |
| 14.2.19.TRC Companies, Inc. (US) |
| 14.2.20.Arcadis N.V. (Netherlands) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
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