Global Carbon Management System Market 2021 is expected to register a CAGR of 12.11%, during forecast period with Impact of Covid 19 Analysis

Carbon

Global “Carbon Management System Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Carbon Management System in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Carbon Management System Market report categorizes the market based on manufacturers, regions, type, and application. Carbon Management System Market reports offer a detailed assessment of the Carbon Management System including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Carbon Management System market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global carbon management system market was valued at USD 8.69 billion in 2017 and is projected to reach a value of USD 17.25 billion by the end of 2023, at a CAGR of 12.11% over the forecast period (2018-2023). The scope of the report is limited to products offered by major players, including providers of software solutions and services. The study also emphasizes the major trends and end users in the market as well as the major drivers for the growth of the market. Factors, such as increasing environmental concerns, growing focus on reducing carbon footprints, strengthening government regulations, etc., are expected to drive the market in the forecast period.

The growing emphasis on reducing carbon footprints and the growing 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.

Rising Concern of Global Warming and Shift Towards Green Initiatives Fuelling the Market Growth

Extensive research conducted during the past two decades has provided conclusive evidence that the emission of greenhouse gases is the main cause of global warming. The drastic rise in the levels of CO2 for the past 30 years can be attributed mainly to the burning of fossil fuels. Currently, more than 60% of the energy demand is met by burning fossil fuels, like coal, oil, and gas. The demand for energy is relatively high compared to the adoption of alternative sources of energy. This is driving the demand for burning fossil fuels to sustain the growing energy demand. This trend is expected to continue in the forecast period.

As of now, the world consumes approximately 95 million barrels per day (b/d) of oil, compared to 86 million b/d of oil in 2008, which is a growth at a rate of 11% even with the fluctuating economies experienced since the 1930s. Oil is the world’s primary fuel, as it contributes to approximately 33% of all energy, therefore, it is a factor that chiefly enables globalization. However, 85% of the total global population is still waiting for their chance to consume oil. The dominance of oil is also expected to continue in the future due to the growth of vehicle market, which has just begun its expansion in the developing countries of Asia-Pacific. The estimated number of cars across the globe is 1.2 billion, out of which 98% rely on oil.

Greenhouse Gas Management is the Fastest Growing Application

Greenhouse gas (GHG) management software are being used by businesses and governments to manage, quantify, and understand greenhouse gas emissions. These software enable building effective and credible programs to counter the impacts of climate change on a global scale and are primarily designed to mitigate GHG emissions and may not necessarily consider other social and environmental impacts. The rising global warming due to the increasing GHG emissions is the major driver for this software worldwide. The standards of the GHG management can be further segmented into GHG assessment, reduction, offsetting, and communications. The work that is expected to be observed in the GHG management market in the future includes environmental foot-printing, environmental hot spotting, and adapting to climate change.

Middle East & Africa Expected to have High Market

All the major countries in the MENA region have allocated substantial outlays for the development of solar or wind-based renewable energy projects. The GCC countries figure prominently among the highest emitters of carbon dioxide in the world. 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 grown rapidly over the last few decades, partly due to the high economic growth and the marked increase of urbanization. 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 in order to increase the renewable energy infrastructure and cut down on the greenhouse gas emissions. In 2015, more than 30 solar projects were initiated in the MENA region, marking a ten-fold increase in the energy capacity from 2013. The United Arab Emirates, Qatar, Saudi Arabia, and other GCC countries have set ambitious targets for themselves to aid the development of solar and wind energy plants in their respective regions.

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The global Carbon Management System market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Carbon Management System Market Report covers the Top Key-players in 2021:-

  • IBM Corporation
  • Accenture PLC
  • Johnson Controls
  • Green Step Solutions
  • SAP SE
  • Scneider Electric
  • Enablon SA
  • IHS Markit Ltd
  • Verisae inc.
  • Accuvio Private Company
  • Enviance Inc.
  • Dakota Software
  • Credit 360 Ltd
  • Ecometrica Ltd

Highlighted points of Carbon Management System Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Carbon Management System Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Carbon Management System? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Carbon Management System Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Carbon Management System Market? What Was Capacity, Production Value, Cost and PROFIT of Carbon Management System Market?
  • What Is Current Market Status of Carbon Management System Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Carbon Management System Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Carbon Management System Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Carbon Management System Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Carbon Management System Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Carbon Management System Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Carbon Management System Industry?

Key Developments in the Carbon Management System Market:

  • September 2017 – Enviance has been continuing investments in the field of EHS, as it has announced a series of product releases and a new platform has been developed to amplify the company’s EHS platform.
  • September 2017 – SiteHawk has enter

    Reasons to Purchase this Report

  • Examining the effects of adoption of carbon management systems in the market scenario
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The product-type and the application that are expected to dominate the market have been predicted and analyzed in detail
  • Regions are expected to witness the fastest growth during the forecast period have been predicted and analyzed in detail
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Carbon Management System Market 2021 describes the Carbon Management System industry expansion game plan, the Carbon Management System industry knowledge supply, appendix, analysis findings, and the conclusion.

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