Climate Resilient Technologies Market: Current Analysis and Forecast (2023-2030)

Report Description

Global Climate Resilient Technologies Market was valued at USD 53 billion in 2022 & is expected to grow at a CAGR of 18% from 2023-2030. Climate Resilient Technologies are defined as innovative and flexible solutions that can help to mitigate the effects of climate change and make communities more resilient to its effects. These technologies have been designed to withstand extreme climatic events such as sea level rise, and other challenges related to climate change. To ensure an independent supply of water and energy for remote rural installations as well as continuous use during emergencies, technologies like solar-powered photovoltaics, water pumps, and vaccination chains can enhance resilience. Factors such as the transition to renewable energy sources such as solar, wind, and hydropower which can effectively reduce carbon emissions and dependency on fossil fuels. Major companies in the market offer climate resilient technologies with technologically advanced features. For instance, in Oct 2022, Apple called on the global supply chain to decarbonize by 2030. The company accelerated the work with suppliers to decarbonize Apple-related production and expands investments in clean energy and climate solutions around the world.

3M; Terrafuse; ClimateAi; Climavision; Challenergy Inc.; Arup; Saint-Gobain; Kingspan Group; Gro Intelligence; Nephila Capital Ltd are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst solution, Climate Resilience Solutions category is expected to grow with a significant CAGR during the forecast period”

Based on solution, the market is segmented into Climate Resilience Solutions and Services {Integration & Implementation, Consulting Services, and Support & Maintenance}. The Climate Resilience Solutions category is expected to grow with a significant CAGR during the forecast period. Climate resilience solutions are aimed at helping businesses and communities cope with the impacts of climate change, such as extreme weather events, sea level rise, or drought. These technologies can help reduce greenhouse gas emissions, improve energy efficiency, and increase the resilience of critical infrastructure.

“Amongst end-user, energy & utilities category is expected to grow with a significant CAGR during the forecast period”

Based on end-user, the climate resilient technologies market has been classified into energy & utilities, agriculture, and others. The energy & utilities category is expected to grow with a significant CAGR during the forecast period. This is mainly due to the rising investments in climate resilient technology such as smart grids, renewable energy sources, and energy storage systems. This technology can help improve the efficiency and reliability of energy supply and services, reducing greenhouse gas emissions while improving resilience for vital infrastructure. Seeking innovative and sustainable solutions to meet the needs of customers and stakeholders, while at the same time reducing their environmental impact. Thus, increasing the demand for energy & utilities is further expected to increase the demand for climate resilient technologies in the market during the forecasted period.

“APAC is anticipated to grow at a substantial CAGR during the forecast period”

In 2021, APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the impacts of climate change, with rising sea levels, more frequent extreme weather events, and changing precipitation patterns. This has led to an increased focus on climate adaptation and mitigation measures in the region. Additionally, there is a growing awareness among governments and companies in the APAC region of the economic benefits adopting of climate resilient technologies. These technologies help in reducing greenhouse gas emissions, increase energy efficiency, and improve the resilience of infrastructure and supply chains. Thus, there is a growing demand for innovative solutions that help businesses reduce their carbon footprint and become more sustainable.

Climate Resilient Technologies Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global climate resilient technologies market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Climate Resilient Technologies Market Analysis (2023-2030)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global climate resilient technologies market were the three major steps undertaken to create and analyze the adoption of climate resilient technologies in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global climate resilient technologies market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the climate resilient technologies market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the climate resilient technologies market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as solution, enterprises size, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the climate resilient technologies market. Further, we conducted factor analysis using dependent and independent variables such as various solution, enterprises size, and end-user of climate resilient technologies. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the climate resilient technologies market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global climate resilient technologies market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the climate resilient technologies market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global climate resilient technologies market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global climate resilient technologies market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of solution, enterprises size, and end-user  in the global climate resilient technologies market.

The main objective of the Global Climate resilient technologies Market Study

The current & future market trends of the global climate resilient technologies market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the climate resilient technologies market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of solution, enterprises size, and end-user.
• Define and analysis of the regulatory framework for the climate resilient technologies
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the climate resilient technologies market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
• Company profiles of the climate resilient technologies market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

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