Global environmental technology market to reach USD $723.1 billion by 2027.
Global environmental technology market is valued approximately at USD $527.8 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.60% over the forecast period 2021-2027. Environmental technology also known as clean technology or green technology refers to the application of one or more environmental monitoring, green chemistry, electronic devices and environmental science, to model, monitor, and conserve the natural resources and environment. It also helps in reduction of negative impacts of human involvementon the environment.
The global environmental technology market is being driven by increased awareness of the global water crisis, growing awareness about pollution monitoring, etc. Furthermore, the growing significance of eco-friendly data center solutions will provide new opportunities for the global environmental technology industry. There has been growth in the awareness regarding pollution monitoring. According to the National Center for Biotechnology Information article 2019, air pollution accounts to be the major environmental toxin which attributed to diseases that were responsible for about 16% of the premature deaths worldwide.Air pollution has also been declared as an unequivocal carcinogen by the World Health Organization. Therefore, different countries and global organizations across the world are contributing towards reduction of pollution through various programs and initiatives. The Green Building Initiative deals with an international effort that supports the creation ofresource efficient and sustainable buildings. The Indian government has also supported it through National Clean Air Programmeunder Control of Pollution Scheme as national level strategy to tackle the pollution of air pollutionand reduce concentrations of PM2.5andPM10by 2024 and 2017asbase year. Such factors are expected to promote the market growth. However,high up-front costs of environmental technologies may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Environmental Technology Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world in terms of market share and will exhibit significant CAGR over the forecast period due toincreasing demand for wastewater treatment from industrial and municipal applications.
Major market player included in this report are:

AECOM
Lennox International
Teledyne Technologies Incorporated
Thermo Fisher Scientific Inc.
Abatement Technologies
Veolia
Waste Connections
Total S.A.
Covanta Holding Corporation
SUEZ

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

ByComponent:
Solutions
Services
ByApplication:
Wastewater treatment
Water purification management
Sewage treatment
Pollution monitoring
Dust emissions
Dry steaming
Gas dissolution
Precision cooling
Solid waste treatment
Energy source for power generation and fuel
Others
ByTechnological Solutions:
Waste valorization/ recycling & composting
Greentech/renewable energy (wind energy, photovoltaics, and geothermal energy)
Desalination
Bioremediation
Green hydrogen
Carbon capture, utilization & storage (ccus)
Others
By Vertical:
Residential/municipal
Industrial transportation & logistics
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Environmental Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors