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Clean Technology Market Research Reports: Latest Trends & Statistics

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Topics under Clean Technology

Global Clean Technology Market Research

The global clean technology industry encompasses a wide range of processes, services and clean energy technologies used to limit environmental waste by relying on renewable energy sources and materials and reducing natural resource use. This sector includes green transport, renewable energy, information technology, recycling and green chemistry. The industry is focused on reducing negative environmental impact and boosting the energy efficiency of transport, infrastructure, and buildings. The cleantech sector continues to benefit from increasing levels of investment. 

Cleantech Sectors

The global energy efficient services and equipment market is benefiting from state imperatives to cut down on energy consumption through more energy efficient buildings. Pike Research reports that energy service companies dominate in the domain of energy efficiency concerning commercial building. Energy service companies put energy efficient equipment in place and bolster efficiency services through energy performance contracting and other financing channels. The energy efficient equipment sector is driven by the need for efficient systems created by increased green building activity. Demand for energy efficient services and equipment is affected by technology costs and national policy.

China looms large in the world rare earth metals industry. The country accounts for more than 95% of the global rare earth metals market. Rare earth metals may pose a problem for clean energy technologies such as fuel cells, energy efficient lighting, electric vehicles and wind turbines. The country’s tight new export quotas carry a supply risk that clouds the long-term outlook for clean technology, which will have an impact on the technologies adopted and commercialized by the global cleantech sector. As a result, clean technology manufacturers will be forced to examine their rare earth requirements and find ways to limit them.

The clean mass transit sector aims to cut carbon emissions through mass transit with lower emissions using electric rail or alternative fuel buses. While diesel still looms large in the bus transit industry, the newer alternative of natural gas buses are witnessing more than 8% yearly growth, reports Pike Research. The hybrid electric bus market is expanding at a yearly rate of almost 20%. 

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