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Carbon Footprint Management Market by Software, Service, Deployment, Vertical, and Region - Global Forecast to 2021

Carbon Footprint Management Market: Global Forecast until 2021

  • October 2016
  • 155 pages
  • ID: 4230331
In this report:
According to Centre for Energy-Efficient Telecommunications (CEET), the total energy consumption of the wireless technology is estimated to be between ## Terawatt hours (TWh) and ## TWh (Hi scenario) in 2015.
According to provisional estimates of Department of Energy and Climate Change U.K. in 2015, electricity generation of the U.K. using renewable energy sources hit a record of ##% that resulted in CO emission falling ##% to ## million tons.

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"Standardized regulatory framework and carbon footprint management policies and growing cost & demand for the primary energy sources across the world are some of the factors projected to drive the carbon footprint management market."

The carbon footprint management market size is forecasted to grow from ~$7.8B in 2016 to ~$12.9B by 2021, at a Compound Annual Increase rate of 10.80 percent due to the increased implementation of carbon footprint management strategies by companies owing to regulatory framework and carbon footprint management policies, enterprise sustainability, and CSR programs, and rising concern for reducing carbon footprints. Replacing the existing buildings with greener and smart buildings that emit low carbon is the main restraint for the carbon footprint management market, because, the enterprises struggle to understand and adopt the changes in the regulatory frameworks restricting them to set appropriate carbon emission targets in the outlook.

"Manufacturing industry is forecasted to be the largest-growing market segment."

The main industries implementing carbon footprint management are IT and telecom, commercial buildings, transportation, utilities, and manufacturing markets. The manufacturing market is the top revenue generating industry vertical for the carbon footprint management market and is anticipated to show the highest rise rate during the outlook period. According to Intergovernmental Panel on Climate Change, the manufacturing sector accounts for 21.0 percent of overall Greenhouse Gas emission and use significant amount of energy including water, air, electricity, gas, and steam to produce goods of daily life. For environmental concern and profitability, manufacturing markets need to efficiently manage (monitor and control) their carbon footprints. As a result, to address climate change, carbon footprint management has become an important measure for manufacturers to examine and reduce their carbon emission efficiently. Therefrom, the overall manufacturing sectors have been actively investing in carbon management, to accomplish the target of almost 50.0 percent reduction in carbon footprint.

"North America (NA) is projected to have the biggest market share during the global forecast period."

North America continent is forecasted to hold the biggest share of the carbon footprint management market in 2016 due to the area being technologically advanced and the growing spending on carbon footprint management programs together with regulatory government mandates in the U.S.A and Canada related to carbon reporting for the enterprises. Latin America area is anticipated to grow at the maximum growth rate during the forecast period due to different government subsidies and profits for carbon management, rised foreign investments, quick industrialization, and main export projects.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main industry personnel. The break-up profile of primary discussion participants is presented below.

- By Company category: Tier-1 (19.0 percent), Tier-2 (37.0 percent), and Tier-3 (44.0 percent) firms

- By Designation: C-level (59.0 percent) and Manager Level (41.0 percent)

- By area: North america (NA) (47.0 percent), Europe (25.0 percent), APAC (22.0 percent), and Rest of World (6.0 percent)

Segment Research

The carbon footprint management market has been split on the basis of software, service, deployment, vertical, and area. An in-depth study of the regions has been done to furnish business insights into the potential future business opportunities in several regions. Additionally to this, the different types of review included in the market research contain regulatory landscape, main government regulations associated to carbon footprint management in leading countries, and strategic benchmarking.

Main highlights

The analysis will facilitate the market top players/new sector entrants in the carbon footprint management market in these ways:

1. This document breaks down the carbon footprint market comprehensively and offers the best approximations of the revenue data for the global market and the sub-segments across different areas.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate the partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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