1. Market Research
  2. > Energy & Environment
  3. > Environmental Services Market Trends
Carbon Management System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Carbon Management System Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • February 2021
  • 131 pages
  • ID: 6028455
  • Format: PDF
  • Mordor Intelligence LLP
Up to $750 off Until Apr 30th 2021


Table of Contents

Search Inside

The Carbon Management System Market was valued at USD 10.93 billion in 2020 and expected to reach USD 21.70 billion by 2026, and grow at a CAGR of 12.11% over the forecast period (2021 - 2026). The growing emphasis on reducing carbon footprints and the increasing need for eco-friendly services are pushing the growth of carbon management systems. The companies around the world have started to improve the efficiencies of their operations.

- The need to reduce wastage, efficiently utilize resources, and reduce carbon footprints warrants the deployment of innovative and sustainable solutions. Reducing carbon footprints and controlling energy consumption have become crucial factors in recent years.
- Companies are now investing in making sustainable offerings in the market. The management of energy consumption has become crucial in terms of optimizing the cost of production per unit and increase the realization percentage over energy consumption. The growing organizational focus on reducing carbon footprints is driving the growth for carbon management system market.
- Governments across the globe are also strengthening the regulations for the carbon emission norms for the businesses, for this companies have started adopting the software and services for continuous monitoring of the carbon management for their organization. Government is also another factor fueling market growth.
- On the other hand, different organizations consume from various sources, and managing them is a challenging factor for the companies offering carbon management systems is limiting the adoption and growth of the market to an extent.

Key Market Trends
Oil and Gas Industry to Witness Significant Growth

- Hydrocarbon is one of the crucial factors in economies which fuels the globalization and industrialization. According to Bharat Petroleum, oil and gas contribute over 50% share in global energy consumption. In spite of the worldwide thrust for the use of renewable energies, oil and is estimated to be the dominating energy source for at least two decades ahead as stated in the report by IEA.
- As the developing countries are experiencing growth; particularly in transport, heating and cooling energy requirements are expected to witness the consistent increase which is expected to be dominated by the oil and natural gas.
- According to the US Environmental Protection Agency, the US greenhouse gas emission from the industry sector accounted for 22.2% in 2017, of the total greenhouse gas emissions. Greenhouse gas emissions from industry primarily arrive from burning fossil fuels for energy, as well as greenhouse gas emissions from chemical reactions necessary to produce goods from raw materials. Also, in the year 2018, the carbon emission grew by 2%, representing the highest growth in the last seven years.
- The oil and gas companies are adopting the carbon management systems for monitoring the carbon emission in the form of green and gases and also towards managing energy consumption. The trend of adoption in the industry is expected to continue in the forecast period.

Middle East & Africa Region is Expected to Grow Significantly

- All the major countries in the MENA region have allocated substantial outlays for the development of solar or wind-based renewable energy projects. The Gulf Cooperation Council (GCC) countries figure prominently being generating over 4200 metric ton of carbon dioxide. Increasing the share of renewable energy is being seen as a solution towards reducing CO2 emissions and maintaining the fragile environmental balance in this region.
- Energy consumption in the MENA region has proliferated over the last few decades, partly due to the high economic growth and the marked increase of urbanization. According to MOSPI India, the growth in production of natural gas from 2016 to 2017 was the highest in the Middle East (3.6%), followed by the Asia-Pacific (3.2%), Europe & Eurasia (0.5%).
- Regional consumption of electricity is estimated to grow at an annual rate of 8% over the forecast period. Therefore, regional governments and public organizations have initiated several proactive steps over the last few years to increase the renewable energy infrastructure and cut down on greenhouse gas emissions.
- Currently, the MENA region is shifting its focus towards renewables as a means of diversifying its mix of power generation. The region has an attractive market for renewables due to the abundant availability of solar, wind resources, and nuclear power. Between 2018 and 2022, Arab Petroleum Investment Corporation (APICORP) estimates that MENA power capacity is expected to expand by an average of 6.4% per year, corresponding to additional capacity of 117 gigawatts (GW) to meet increases in demand.
- The rising focus of government towards reducing the carbon emission, the companies in the region have started adopting carbon management systems a have excellent growth opportunity for the market in the region.

Competitive Landscape
The market for carbon management systems is inclining towards fragmentation with the increase in the number of players offering software for monitoring and management. This increase in number proliferating due to the rise in the adoption of cloud services. Whereas, the companies providing services in terms of consultation is showing steady growth and is expected to follow the similar trend in the forecast period.

- June 2019 - Veolia Environnement S.A., launched a New tool for the energy, water, and waste sectors to help achieve a low carbon future to save both the environment and money. The web-based platform is capable of evaluating the complete carbon and water use of business’s activities. The system is intended to footprint calculation and Greenhouse Gas (GHG) reduction, potentially saving them thousands of pounds per year.
- Mar 2019 - Mitsubishi Electric US, Inc., launched the BEAM AX, an energy management system, an intuitive, cloud-based solution for analyzing energy usage and costs in commercial buildings resulting in data-driven actionable insights.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
10% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Industrial Air Pollution Control Solutions Market - Growth, Trends, and Forecast (2020 - 2025)

  • $ 4250
  • December 2020
  • 197 pages

The market for industrial air pollution control solutions is expected to register a CAGR of more than 6 % during the forecast period of 2020 – 2025. Major factors driving the market studied are the growing ...

  • World
  • Pollution Control
  • Industry analysis
  • Greenhouse Gas Emissions
  • Energy Consumption


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on