Aug 26, 2021 (Market Insight Reports) -- Selbyville, Delaware. Environmental Technology Market report provides key statistics on the market status of the Environmental Technology Industry and is a valuable source of guidance and direction for companies and individuals interested in the Environmental Technology Market. Environmental Technology Market Report covers the companies' data, including Growth potential analysis, Executive Summary, Data sources, Industry segmentation, Porter's analysis, Business trends, Growth drivers, Price trend analysis, Industry pitfall and challenges, Industry impact forces, Competitive landscape
Global environmental technology market was worth USD 527.8 billion in 2020 and is expected to register 4.6% CAGR over 2021-2027 to reach a valuation of USD 723.1 billion by the end of the projected timeframe. Rising awareness about pollution monitoring, increasing concerns about worldwide water crisis as well as initiatives and programs conducted by several countries and organizations for reduction of pollution levels are catalyzing the growth of global environmental technology market.
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For instance, Indian Government has launched NCAP (National Clean Air Program) under the Control of Pollution Scheme, as a long-term, national-level strategy to control air pollution problems across the country. It aims to achieve 20% to 30% reduction in PM2.5 and PM10 concentrations by 2024, with 2017 as the base year.
Additionally, escalating importance of eco-friendly data center solutions is also creating new opportunities for businesses operating in this domain. For the unversed, environmental technology, also known as green technology or clean technology refers to the application of one or more green chemistry, environmental monitoring, electronic devices, and environmental science, to monitor, model, and conserve environment as well as natural resources. It also helps in reducing harmful impacts of human involvement on the environment.
On the contrary, high up-front costs are likely to hamper the growth of worldwide environmental technology marketspace over the projected timeframe.
Regionally speaking, North America, Europe, Asia Pacific, and Latin America are major benefactors to industry remuneration. Among these, Asia Pacific presently holds a considerable market share and is slated to grow momentously over the analysis timeframe owing to rising demand of wastewater treatment from municipal and industrial applications.
Leading companies in global environmental technology market include Teledyne Technologies Inc., AECOM, Abatement Technologies(R), Veolia Environnement S.A., Thermo Fisher Scientific Inc., Lennox International Inc., Covanta Holding Corporation, Total S.A., SUEZ, and Waste Connections Inc. among others.
What will you get in this report?
An exhaustive analysis of the global Environmental Technology market with detailed studies on different topics that will help key players to create effective development strategies and strengthen a strong position in the Environmental Technology industry.
It gives a complete mapping of the behaviors of Environmental Technology market contributors and the vendor landscape. Existing companies could use the report to prepare themselves well to face future market challenges and strongly compete in the global Environmental Technology market.
Also, the analysts have provided a thorough assessment of the impact of these strategies on Environmental Technology market growth and competition and many more
A competitive portfolio of Environmental Technology market in the different regions including their growth factors, pitfall challenges, investment structure, advancement in all aspects, customer base etc.
Read Full Report at: Environmental Technology Market
Major Highlights from Table of contents are listed below for quick lookup into Environmental Technology Market report
Chapter 1. Competitive Landscape
Company market share
Environmental Technology Market Competitive analysis of key market players
Competitive analysis of other prominent vendors
Chapter 2. Company Profiles