Climate Resilient Technologies Market Report 2024

This Climate Resilient Technologies industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The climate resilient technologies market size has grown rapidly in recent years. It will grow from $13.41 billion in 2023 to $15.21 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The growth during the historic period can be attributed to several factors such as the increasing frequency of natural disasters, the effects of climate change on infrastructure, rising public demand for climate action, the construction of flood-resistant structures, and the development of weather-resistant transportation systems.

The climate resilient technologies market size is expected to see rapid growth in the next few years. It will grow to $25.36 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth during the forecast period can be attributed to several factors such as the transition to renewable energy sources, rising challenges related to air, water, and soil pollution, increasing demand for pest control measures, growing adoption of resource conservation technologies, and heightened climate consciousness. Key trends expected during this period include the adoption of circular economy and sustainable practices, the development of climate information services and early warning systems, resilient urban planning, a focus on transformative potential, and the advancement of adaptive healthcare technologies.

The anticipated growth in the climate resilient technologies market is driven by the increase in carbon dioxide emissions. Carbon dioxide emissions refer to the release of CO2 gas into the atmosphere, primarily from burning fuels for energy, industrial processes, deforestation, and certain agricultural practices. The rise in CO2 levels is mainly due to the combustion of fossil fuels for energy. Climate resilient technologies improve energy efficiency in buildings, transportation, and industrial processes to help mitigate these emissions. For example, in March 2024, the International Energy Agency, a France-based intergovernmental organization, reported that global carbon dioxide emissions from energy combustion and industrial processes rose to 37.2 billion metric tons (Gt) in 2023, up from 36.2 billion metric tons (Gt) in 2021, reflecting an increase of about 410 million metric tons. Thus, the surge in CO2 emissions is fueling the growth of the climate resilient technologies market.

Leading companies in the climate resilient technologies market are focusing on technological advancements, such as artificial intelligence-powered heat risk solutions, to enhance predictive capabilities, optimize resource management, and improve climate adaptation and mitigation strategies. These advanced systems use AI to assess, predict, and manage risks associated with extreme heat events. For instance, in June 2024, Resilience AI, an India-based climate resilient technology company, launched ResSolv, an AI-powered heat risk solution designed to tackle the increasing heatwave crisis. ResSolv features building footprint detection, multi-hazard risk scoring, and heat hotspot mapping to identify households most vulnerable to heat-related risks. The solution also includes community outreach programs to educate people about heatstroke dangers and promote preventative measures.

In May 2022, Stanley Consultants Inc., a US-based engineering, construction, and services company, acquired Resilient Analytics Inc. for an undisclosed amount. This acquisition enhances Stanley Consultants' expertise in climate adaptation and resilience, aligning with their strategic goals to provide comprehensive environmental, social, and governance (ESG) solutions. Resilient Analytics Inc., based in the US, specializes in applying climate science to both built and natural environments.

Major companies operating in the climate resilient technologies market are 3M Company, Kingspan Group, Saint-Gobain Group, Arup Group Limited, ZeroAvia Inc., Gro Intelligence Inc., BrightFarms Inc., Ceres Imaging Inc., Ecovative Design LLC, Arbonaut Ltd, ClimateAi Inc., Flowcarbon Inc., Climavision Inc., TerraFuse Inc., Tallarna Ltd, Scopito Inc., Resilient Power Systems Inc., Nephila Capital Ltd, Challenergy Inc., CarbonCapture Inc., AgroSustain SA, NCX.

North America was the largest region in the climate resilient technologies market in 2023. The regions covered in the climate resilient technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the climate resilient technologies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Climate resilient technology encompasses innovations and systems designed to endure and adapt to the effects of climate change, such as extreme weather events, temperature variations, and rising sea levels. These technologies are intended to improve the durability, sustainability, and efficiency of infrastructure, agriculture, and other sectors, ensuring long-term resilience and reducing environmental impact.

The primary types of climate resilient technologies include resilience solutions and services. Resilience solutions involve strategies, technologies, or processes aimed at enhancing an organization's ability to withstand and recover from disruptions or adverse events. They focus on improving operational continuity, adaptability, and long-term stability in the face of challenges. These solutions are utilized by various enterprises, including small and medium-sized businesses as well as large corporations, across different applications such as agriculture, transportation, energy and utilities, healthcare, and more.

The climate resilient technologies market research report is one of a series of new reports that provides climate resilient technologies market statistics, including the climate resilient technologies industry's global market size, regional shares, competitors with a climate resilient technologies market share, detailed climate resilient technologies market segments, market trends and opportunities, and any further data you may need to thrive in the climate resilient technologies industry. This climate resilient technologies market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The climate resilient technologies market consists of revenues earned by entities by providing services such as stormwater management, climate monitoring, resilient infrastructure, ecosystem restoration, green energy solutions, and water purification. The market value includes the value of related goods sold by the service provider or included within the service offering. The climate resilient technologies market also includes sales of solar panels, wind turbines, smart meters, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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