The Climate Tech Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Climate Tech Market?
The market size of the climate tech sector has experienced significant growth recently. It is projected to rise from $26.12 billion in 2024 to $32.49 billion in 2025, with a compound annual growth rate (CAGR) of 24.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Climate Tech Industry?
The global climate tech market is predicted to increase significantly, reaching a value of $79.45 billion in 2029. This growth signifies a compound annual growth rate (CAGR) of 25.0%.
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What are the Key Growth Drivers Fueling the Climate Tech Market?
The key drivers in the climate tech market are:
• Shift towards a circular economy and the adoption of circular supply chains
• Technological innovations in energy storage and grid modernization
• Demand for clean transportation solutions, such as electric vehicles and alternative fuels
• Rising consumer awareness and demand for environmentally friendly products and services
Global Market Segmentation: Identifying Major Climate Tech Industry Segments
The climate tech market covered in this report is segmented –
1) By Component: Climate Tech Solutions, Services
2) By Technology: Internet of Things (IoT), Artificial Intelligence (AI) And Analytics, Digital Twin, Cloud Computing, Security, Blockchain
3) By Application: Carbon Footprint Management, Green Building, Water Purification, Soil Condition Or Moisture Monitoring, Crop Monitoring, Forest Monitoring, Weather Monitoring And Forecasting, Air And Water Pollution Monitoring, Sustainable Mining And Exploration
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What are the Emerging Trends Shaping the Future of the Climate Tech Market?
The key trends in the climate tech market are:
• Renewable energy expansion is a major emerging trend in the market.
• Innovations in energy storage technology are significantly shaping the future of the market.
• The adoption of electric vehicles is an up-and-coming trend.
• Climate data analytics is emerging as a key factor influencing the market.
Who Are the Top Competitors & Leading Players in the Climate Tech Market?
Major companies in the climate tech market are:
• Microsoft Corporation
• General Electric Company
• IBM Corporation
• BYD Auto Co. Ltd.
• Schneider Electric
• Salesforce Inc
• Climate Investor One
• Wolters Kluwer N.V.
• Molten Ventures
• ENGIE Insight Services Inc.
• Consensys
• Form Energy
• Intelex Technologies
• Enablon North America Corp.
• Climeworks AG
• AMP Robotics Corporation
• Isometrix
• Sensus
• Taranis
• Enviance Inc.
• Bedrock Energy
• Breakthrough Energy Ventures
• Trace Genomics
• Hortau Inc.
• LO3 Energy
Regional Dominance: Which Area Leads the Global Climate Tech Market?
North America was the largest region in the climate tech market in 2024
