Cleantech: Current Status and Worldwide Outlook

Cleantech: Current Status and Worldwide Outlook
  • Report price : $ 1 495
  • Publication date : February 2008
  • Length : 174 pages

Get this report now!

Cleantech: Current Status and Worldwide Outlook

The cleantech industry encompasses a broad range of products and services, from alternative energy generation to wastewater treatment to more resource-efficient industrial processes. Although some of these industries are very different, all share a common thread: they use new, innovative technology to create products and services that compete favorably on price and performance while reducing humankind’s impact on the environment. To be considered “cleantech,” products and services must:

• Optimize use of natural resources, offering a cleaner or less wasteful alternative to traditional products and services;

• Have their genesis in an innovative or novel technology or application;

• Add economic value compared to traditional alternatives.

Executive Summary

Already, the market for cleaner fuels and more efficient devices to improve generation, delivery, and performance now accounts for between 20 percent and 25 percent of all global energy investment. While the cleantech catchword was created only about five years ago, the sector it describes already generates approximately $200 billion a year. The cleantech market is the third largest venture-capital investment category, behind only biotech and software. Not surprisingly, some of cleantech's biggest proponents are the same entrepreneurs behind earlier venture-funded breakthroughs in computing, telecommunications, and the Internet.

The current global market for cleantech products and services is about $284 billion, growing to over $1.3 trillion in 2017. Of this amount more than one-third ($467 billion) is attributable to renewable energy sources, such as biofuels, solar, tidal, and wind power. Together these segments are expected to grow from a current value of $104 billion to approximately $467 billion in 2017.

From a growth standpoint, the outlook through 2017 is strong for clean technologies, and is expected to grow at about 16.7% over the next decade.

Since 2001, clean technology's global share of overall venture capital investments has more than doubled. For example, in the United States, clean technology's share of investment increased from 1.4% in 2001 to 5.4% in the first six months of 2007. Similarly, clean technology in Europe has enjoyed robust growth rates, and its share of investment there has increased from 1.6% in 2001 to 4.4% in first half of 2007.

Universities, national laboratories, and the commercial sector (both national and international businesses) continue to increase investment in clean technologies for air pollution control, vehicle power, industrial and residential power, environmental remediation, and many other applications.

Governments around the globe have identified cleantech as both a key economic driver in the next century and as a social and moral responsibility. The Kyoto Protocol and similar international agreements are driving governments to enact far-reaching legislation to support and expand the use of green and clean technologies, from automotive engines to electricity production and air pollution. The European Union tends to lead the world in terms of regulatory oversight in this area, but the United States and Japan are also very active. As a rapidly emerging economy, China has a particular need to engage cleantech, but is lagging in terms of governmental oversight, basic R&D and commercial development.

RELATED REPORTS

Solar Photovoltaic Market Report 2007

Solar Photovoltaic Market Report 2007

  • $ 1 698
  • February 2008
  • 150 pages

The solar PV market continued to grow in 2007, both in installed capacity and production although it was held back by a worldwide shortage of solar grade silicon. Opinions differ within the industry as to the future duration of this shortage and these are discussed in the report. 2006 and 2007 have ...

Industries : Renewable energy | Countries : Mexico, Canada, USA, China, Japan, India, Germany, Austria, Spain, France, Italy, Netherlands, United Kingdom, Australia

China Photovoltaic (PV) Battery Industry Report, 2007

China Photovoltaic (PV) Battery Industry Report, 2007

  • $ 1 100
  • November 2007
  • 67 pages

PV industry witnessed a rapid growth, and in the future it will have a nearly limitless outlook. During the ten years from 1996 to 2006, yield of solar batteries in the world has increased by 26 times with annual compound growth rate of 38%. Besides, annual installations of solar batteries have inc ...

Industries : Renewable energy | Countries : China, USA, Japan, Germany, Spain

Biofuels: A quick-fix or a long-term alternative for the automotive industry? - Management briefing

Biofuels: A quick-fix or a long-term alternative for the automotive industry? - Management briefing

  • $ 266
  • February 2008
  • 19 pages

In this month's briefing we investigate Biofuels, what they are, and what their role in the future is. We briefly look at the current contention within the food industry regarding 'food versus fuel', before moving on to discuss the drivers behind the surging interest in biofuel production, and the a ...

Industries : Renewable energy | Countries : USA

World Biofuels Market

World Biofuels Market

  • $ 5 500
  • March 2008
  • 250 pages

Global demand to approach 90 million metric tons in 2011Demand for biofuels will expand almost 20 percent per year through 2011 to 92 million metric tons, despite recent concerns about the impact of biofuels on the environment and world food supplies. Market expansion will be led by a more than dou ...

Industries : Renewable energy, Oil and Gas energy | Countries : Mexico, Brazil, Canada, USA, China, Japan, India, Indonesia, Malaysia, Poland, Czech Republic, Germany, Spain, France, Italy, United Kingdom

Solar PV Report Ed 5 2007

Solar PV Report Ed 5 2007

  • $ 1 698
  • March 2008
  • 200 pages

This is the 5th edition of the ABS SVP Solar Photovoltaic Report. The report provides data up to the end of 2006 and available information for 2007. The solar PV market continued to grow, both in installed capacity and production although it was held back by a worldwide shortage of solar grade silic ...

Industries : Renewable energy | Countries : USA, China, Japan, Germany

Watts In Store - Storing Renewable Energy

Watts In Store - Storing Renewable Energy

  • $ 619
  • September 2006
  • 35 pages

Essential research for anyone addressing one of the key challenges of today’s energy market – storing renewable energy. Report Contents. Storage solutions for renewable energy providers. Overcoming intermittence. Legacy energy storage solutions find a new market. Biofuels versus hydrogen fue ...

Industries : Renewable energy | Countries : USA, United Kingdom

Hydroelectric & Renewable Power Generation in the US

Hydroelectric & Renewable Power Generation in the US

  • $ 672
  • March 2008
  • 35 pages

IBISWORLD INDUSTRY MARKET RESEARCH REPORTThis is the replacement for IBISWorld's December 2007 edition of Hydroelectric & Renewable Power Generation in the US report.Industry Market Research SynopsisThis Industry Market Research report from IBISWorld provides a detailed analysis of the Hydroelectric ...

Industries : Electric power energy, Renewable energy | Countries : USA

reportlinker.com © Copyright 2009. All rights reserved

ReportLinker is a professional search engine that provides an easy access to 1,2 million market research reports and industry statistics published by 200,000 authoritative sources.