Report Description

The Global Environmental Technology Services Market is anticipated to grow at a steady pace in the forecast period, 2024-2028 and is likely to register a very high CAGR in the forecast period.

Environmental technology, also known as green technology or clean technology, is the use of one or more of environmental science, green chemistry, environmental monitoring, and electronic devices to monitor, model, and conserve the natural environment and resources, as well as to lessen the adverse effects of human involvement. The phrase is also used to refer to renewable energy-generating technologies like photovoltaics and wind turbines. The foundation of environmental technology is sustainable development. Another usage of the phrase "environmental technology" is to refer to a group of technological gadgets that can support resource management that is sustainable.

Less Usage of Energy

The development of new technologies with the goal of observing, conserving, and minimizing the detrimental impact of technology on the environment and the use of resources is referred to as environmental technology, also known as clean technology or green technology. The market is being driven by environmental technology's growth factors, which are primarily the need to use less energy. The use of environmental technology includes use of LED lights, which are 60% more effective than conventional bulbs. Additionally, their lifespan is longer. Energy may now be produced more easily and cleanly without harming the environment. A+++-rated freezers use relatively little power since they harness renewable resources like the sun, wind, and water. The contaminated waters have been cleaned up with the use of segmental technology. When compared to regular energy, solar power is affordable.

Rising Awareness Among the Customers

The industry will grow as consumers and businesses become more aware of climate change, and as more countries place a premium on using renewable energy sources to cut back on pollution and provide a brighter future for the next generation. The UN's quest for zero emissions has spread around the world, and every country is vying to meet the goal. Numerous investments in renewable energy have been made by businesses that support transportation and other advancements. The Ford Motor Company is investing heavily in building the largest network of electric car charging stations in North America. The market is being driven by the government's attempts to promote green technologies.

Increased Awareness of the Global Water Crisis­­­

Water is a naturally occurring resource that makes up about 70% of the earth. The quantity of freshwater that is readily available, however, is just 2.5%. The quantity of freshwater that is readily available, however, is just 2.5%. By 2050, there will be an estimated 9.7 billion people on the planet, which will require this amount of freshwater. Water usage has grown over the past ten years at a rate that is consistently outpacing the rate at which the world's population is growing. A territory is deemed water-stressed by the UN when it withdraws 25% or more of its renewable freshwater resources.

As a result, there is an increasing need to manage the demand and consider water as a precious resource. Countries facing water shortages are implementing a variety of solutions to address this issue. For example, a United Nations University Institute for Water, Environment and Health (UNU-INWEH) research claims that the adoption of the Sustainable Development Goals (SGDs) by UN member states in 2015 prompted other nations, such as Canada, to prioritize wastewater treatment procedures, water cycling, and water efficiency. In order to provide safe drinking water, water is thus being treated using cutting-edge technologies. The removal of suspended particles and microbiological contaminants is the goal of several treatment schemes. Reverse osmosis (RO) and electrodialysis are two emerging technologies that can be used in the desalination process.


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Market Segmentation

The Global Environmental Technology Services Market is divided into Technology, Components, Application, Vertical, Region and Competitive Landscape. Based on Technology, the market is divided into IoT, Artificial Intelligence, Cloud Computing, and Blockchain. Based on Components, the market is segmented into Services and Solutions. Based on Application, the market is divided into Air & Water Pollution Monitoring, Water Purification, Crop Monitoring, Carbon Footprint, Waste Management, and Others. Based on Vertical, the market is segmented into Residential, Municipal, and Industrial.

Market Players

Major market players in the Global Environmental Technology Services  Market are Lennox International Inc, Teledyne Technologies Incorporated, , Waste Connections Inc, TotalEnergies SE, Covanta Holding Corporation, Hitachi Zosen Corporation, , GEM Enviro Management Private Limited,  Vital Waste, Exxon Mobil Corporation, and  BP Plc.

Recent Developments:

  • On April 12, 2021, Veolia and SUEZ announced that they had reached an agreement allowing the merger of the two organizations. It is assumed to represent SUEZ's municipal water and strong waste operations in France, as well as its operations in the areas around it, including Italy, the Czech Republic, Africa (including Lydec), Central Asia, India, China, and Australia, as well as its international advanced and ecological operations (SES).
  • In December 2020, Carson, California's Joint Water Pollution Control Plant (JWPCP) will receive an upgrade thanks to a partnership between AECOM and Los Angeles County Sanitation Districts. The organization considers AECOM's duty to set the standard for environmental, social, and governance (ESG) best practices.


Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

·         Technology

·         Components

·         Application

·         Vertical

Regional scope

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Key companies profiled

Lennox International Inc, Teledyne Technologies Incorporated, , Waste Connections, TotalEnergies SE, Covanta Holding Corporation, Hitachi Zosen Corporation, , Inc, GEM Enviro Management Private Limited, Vital Waste, Vital Waste, Exxon Mobil Corporation, and  BP Plc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Global Environmental Technology Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

        ·         Environmental Technology Services Market, By Technology:

o   IoT

o   Artificial Intelligence

o   Cloud Computing

o   Blockchain

        ·         Environmental Technology Services Market, By Components:

 

o   Services

o   Solutions

        ·          Environmental Technology Services Market, By Application:

o   Air & Water Pollution Monitoring

o   Water Purification

o   Crop Monitoring

o   Carbon Footprint

o   Waste Management

o   Others

        ·          Environmental Technology Services Market, By Vertical:

 

o   Residential

o   Municipal

o   Industrial

        ·         Environmental Technology Services Market, By Region:

o   Asia-Pacific

o   North America

o   Europe

o   Middle East & Africa

o   South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Environmental Technology Services Market.

Available Customizations:

 Tech Sci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Environmental Technology Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

2.    Research Methodology

3.    Impact of COVID-19 on the Global Environmental Technology Services Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered for Choosing Global Environmental Technology Services Market.

5.3.  Major Challenges Related to Global Environmental Technology Services Market.

6.    Global Environmental Technology Services Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Technology (IoT, Artificial Intelligence, Cloud Computing, Blockchain),

6.2.2.    By Components (Services and Solutions)

6.2.3.    By Application (Air & Water Pollution Monitoring, Water Purification, Crop Monitoring, Carbon Footprint, Waste Management, Others)

6.2.4.    By Vertical (Residential, Municipal, and Industrial)

6.2.5.    By Region

6.2.6.    By Company (2022)

7.    Asia-Pacific Environmental Technology Services Market Outlook

7.1. Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Technology

7.2.2.    By Components   

7.2.3.    By Application

7.2.4.    By Vertical

7.2.5.    By Country

7.3. Asia-Pacific: Country Analysis

7.3.1.    China Environmental Technology Services Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Technology

7.3.1.2.2.           By Components

7.3.1.2.3.           By Application

7.3.1.2.4.           By Vertical

7.3.2.    Japan Environmental Technology Services Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Technology

7.3.2.2.2.           By Components

7.3.2.2.3.           By Application

7.3.2.2.4.           By Vertical

7.3.3.    India Environmental Technology Services Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Technology

7.3.3.2.2.           By Components

7.3.3.2.3.           By Application

7.3.3.2.4.           By Vertical

7.3.4.    South Korea Environmental Technology Services Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Technology

7.3.4.2.2.           By Components

7.3.4.2.3.           By Application

7.3.4.2.4.           By Vertical

7.3.5.    Australia Environmental Technology Services Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Technology

7.3.5.2.2.           By Components

7.3.5.2.3.           By Application

7.3.5.2.4.           By Vertical

8.    North America Environmental Technology Services Market Outlook

8.1. Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Technology      

8.2.2.    By Components

8.2.3.    By Application

8.2.4.    By Vertical

8.2.5.    By Country

8.3. North America: Country Analysis

8.3.1.    United States Environmental Technology Services Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Technology

8.3.1.2.2.           By Components

8.3.1.2.3.           By Application

8.3.1.2.4.           By Vertical

8.3.2.    Canada Environmental Technology Services Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Technology

8.3.2.2.2.           By Components

8.3.2.2.3.           By Application

8.3.2.2.4.           By Vertical

8.3.3.    Mexico Environmental Technology Services Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Technology

8.3.3.2.2.           By Components

8.3.3.2.3.           By Application

8.3.3.2.4.           By Vertical

9.    Europe Environmental Technology Services Market Outlook

9.1. Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Technology      

9.2.2.    By Components 

9.2.3.    By Application

9.2.4.    By Country

9.3. Europe: Country Analysis

9.3.1.    Germany Environmental Technology Services Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Technology

9.3.1.2.2.           By Components

9.3.1.2.3.           By Application

9.3.1.2.4.           By Vertical

9.3.2.    United Kingdom Environmental Technology Services Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Technology

9.3.2.2.2.           By Components

9.3.2.2.3.           By Application

9.3.2.2.4.           By Vertical

9.3.3.    France Environmental Technology Services Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Technology

9.3.3.2.2.           By Components

9.3.3.2.3.           By Application

9.3.3.2.4.           By Vertical

9.3.4.    Spain Environmental Technology Services Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Technology

9.3.4.2.2.           By Components

9.3.4.2.3.           By Application

9.3.4.2.4.           By Vertical

9.3.5.    Italy Environmental Technology Services Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Technology

9.3.5.2.2.           By Components

9.3.5.2.3.           By Application

9.3.5.2.4.           By Vertical

10. Middle East & Africa Environmental Technology Services Market Outlook

10.1.  Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Technology      

10.2.2. By Components

10.2.3. By Application

10.2.4. By Vertical

10.2.5. By Country

10.3.  Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Environmental Technology Services Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Technology

10.3.1.2.2.         By Components

10.3.1.2.3.         By Application

10.3.1.2.4.         By Vertical

10.3.2. UAE Environmental Technology Services Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Technology

10.3.2.2.2.         By Components

10.3.2.2.3.         By Application

10.3.2.2.4.         By Vertical

10.3.3. South Africa Environmental Technology Services Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Technology

10.3.3.2.2.         By Components

10.3.3.2.3.         By Application

10.3.3.2.4.         By Vertical

11. South America Environmental Technology Services Market Outlook

11.1.  Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Technology

11.2.2. By Components 

11.2.3. By Application

11.2.4. By Vertical

11.2.5. By Country

11.3.  South America: Country Analysis

11.3.1. Brazil Environmental Technology Services Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Technology

11.3.1.2.2.         By Components

11.3.1.2.3.         By Application

11.3.1.2.4.         By Vertical

11.3.2. Argentina Environmental Technology Services Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Technology

11.3.2.2.2.         By Components

11.3.2.2.3.         By Application

11.3.2.2.4.         By Vertical

11.3.3. Colombia Environmental Technology Services Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Technology

11.3.3.2.2.         By Components

11.3.3.2.3.         By Application

11.3.3.2.4.         By Vertical

12.  Market Dynamics

12.1. Drivers

12.1.1. Increased Awareness of the Global Water Crisis

12.1.2. Growing Awareness on Pollution Monitoring

12.1.3. Stringent Regulations on Climate Pollution Control in Major Economies

12.2. Challenges

12.2.1. Lack of Skilled Workforce for Complex Technologies

12.2.2. Inconsistencies in Government Regulations in Many Countries

12.2.3. High Up-Front Costs of Environmental Technologies

13. Market Trends & Developments

13.1.   Growing Demand for Environmental Technology Solutions in Emerging Countries

13.2.   Growing Significance of Eco-Friendly Data Center Solutions

13.3.   Government Initiatives

13.4.   Merger & Acquisitions

14. Company Profiles

14.1.             Lennox International Inc

14.1.1. Business Overview

14.1.2. Key Revenue and Financials (If Available)

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.2.             Teledyne Technologies Incorporated

14.2.1. Business Overview

14.2.2. Key Revenue and Financials (If Available)

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.3.              Exxon Mobil Corporation,

14.3.1. Business Overview

14.3.2. Key Revenue and Financials (If Available)

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Service

14.4.             Waste Connections

14.4.1. Business Overview

14.4.2. Key Revenue and Financials (If Available)

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Service

14.5.             TotalEnergies SE

14.5.1. Business Overview

14.5.2. Key Revenue and Financials (If Available)

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.6.             Covanta Holding Corporation

14.6.1. Business Overview

14.6.2. Key Revenue and Financials (If Available)

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.7.             Hitachi Zosen Corporation,

14.7.1. Business Overview

14.7.2. Key Revenue and Financials (If Available)

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.8.              BP Plc.

14.8.1. Business Overview

14.8.2. Key Revenue and Financials (If Available)

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.9.             GEM Enviro Management Private Limited

14.9.1. Business Overview

14.9.2. Key Revenue and Financials (If Available)

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.10.          Vital Waste

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials (If Available)

14.10.3.              Recent Developments

14.10.4.              Key Personnel

14.10.5.              Key Product/Services

15. Strategic Recommendations

15.1.   Key focus on Asia-Pacific Region

15.2.   Key focus towards Application Segment

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Lennox International Inc, Teledyne Technologies Incorporation, Waste Connections, TotalEnergies SE, Covanta Holding Corporation, Hitachi Zosen Corporation, , GEM Enviro Management Private Limited, Vital Waste, Vital Waste , Exxon Mobil Corporation, and BP Plc among others are the leading players in the Global Environmental Technology Services Market.

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The services category, which accounted for the largest market share of all of them, is anticipated to keep its top spot throughout the projected period. Since the need for effective maintenance, usage, waste management, resource recovery, and analytical services is growing along with the demand for environmental resources, this will help to enhance the efficiency of those resources.

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The major drivers of the global environmental technology services market are growing awareness on renewable energy & pollution monitoring & reducing the negative impact by the human activities.

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Lack of skilled workforce for complex technologies, inconsistencies in government regulations in many countries, and high up-front costs of environmental technologies are the major challenges faced by the Global Environmental Technology Services Market.

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Sakshi Bajaal

Business Consultant
Press Release

Environmental Technology Services Market to be Dominated by the Services Segment through 2028

Mar, 2023

Increasing awareness of the global water crisis & pollution monitoring are driving the global environmental technology services market.