Clean Technology Market - Global Industry Analysis, Size, Share,
Growth Trends, and Forecast 2016 - 2024
Clean Technology Market: Trends and Opportunities
Clean technologies are such type of technologies thatutilizes energy, water and other
inputs more efficiently and effectively.They create less toxicity and waste.High
deliveryand superior performance can be achieved using clean technology. Also, it
improvescustomer
profitability,
by
carrying
out
cost
reduction
and
increasesrevenue.Such type of technologies are used in large number of industries,
comprising water, manufacturing, energy, transportation and advanced materials.
Instances of clean technologies are solar and wind energy, industrial process controls,
hybrid electric vehicles and water filtration. Owing to the large number of
environmental benefits, clean technology is considered to be an inherent part of a
sustainable economy.
A large number of factors are behind the emergence of clean technology as an
investment category that has attracted mainstream venture capital firmsalong with
clean technology funds.In the past decade, demand for clean technologies has grown
at a significant rate and has driven the growth of billion dollar markets. Such markets
continue to rise at a substantial rate. The clean technology market has been driven
by a merger of technological advancements resource constraints ,and economic trends
that positions clean technologies for sustained growth.
For instance, in the U.S. energy infrastructure has suffered for a long time owing to less
investments, costing fluctuations of billions of dollars. Utilities are now looking for
advanced technology solutions to upgrade the power grid. Also, in the water sector,
more than one-third of the country expect water shortages in the near future, spurring
investments in water treatment and recycling technologies.
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