The Europe Decarbonization Market would witness market growth of 10.8 % CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Decarbonization Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $255,189.7 million by 2031. The UK market is exhibiting a CAGR of 9.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 11.7% during (2024 - 2031).
As the adverse consequences of greenhouse gas emissions become increasingly evident, governments, corporations, and communities are mobilizing to adopt strategies aimed at mitigating carbon footprints across various industries and regions.
Moreover, decarbonization is not merely an environmental necessity but also a strategic economic opportunity, reshaping industries and fostering innovation. With commitments to net-zero emissions becoming a central goal for nations and corporations alike, the decarbonization technologies, solutions, and services demand is witnessing unprecedented growth and transformation.
Europe has established itself as a frontrunner in decarbonization, propelled by rigorous governmental policies, aspirational climate objectives, and substantial investments in sustainable technologies. The European Union (EU) has positioned itself as a frontrunner in climate action through the implementation of the European Climate Law, which establishes a legally binding objective to attain climate neutrality by the year 2050 and to diminish net greenhouse gas (GHG) emissions by a minimum of 55% by 2030, relative to 1990 levels.
Based on Deployment, the market is segmented into On-premises, and Cloud. Based on Technology, the market is segmented into Renewable Energy Technologies, Energy Efficiency Solutions, Electric Vehicles (EVs), Carbon Removal Technologies, and Carbon Capture and Storage (CCS). Based on Service, the market is segmented into Sustainable Transportation Services, Carbon Accounting and Reporting Services, and Waste Reduction and Circular Economy Services. Based on End-user, the market is segmented into Oil & Gas, Energy & Utility, Automotive & Transportation, Agriculture, Aerospace & Defense, Government, and Other End-user. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- IBM Corporation
- Accenture PLC
- Siemens AG
- SAP SE
- Tesla, Inc.
- Shell plc
- Schneider Electric SE
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- BASF SE
By Deployment
- On-premises
- Cloud
- Renewable Energy Technologies
- Energy Efficiency Solutions
- Electric Vehicles (EVs)
- Carbon Removal Technologies
- Carbon Capture and Storage (CCS)
- Sustainable Transportation Services
- Carbon Accounting and Reporting Services
- Waste Reduction and Circular Economy Services
- Oil & Gas
- Energy & Utility
- Automotive & Transportation
- Agriculture
- Aerospace & Defense
- Government
- Other End-user
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Decarbonization Market, by Deployment
- 1.4.2 Europe Decarbonization Market, by Technology
- 1.4.3 Europe Decarbonization Market, by Service
- 1.4.4 Europe Decarbonization Market, by End-user
- 1.4.5 Europe Decarbonization Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jun – 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. Europe Decarbonization Market by Deployment
- 5.1 Europe On-premises Market by Country
- 5.2 Europe Cloud Market by Country
- Chapter 6. Europe Decarbonization Market by Technology
- 6.1 Europe Renewable Energy Technologies Market by Country
- 6.2 Europe Energy Efficiency Solutions Market by Country
- 6.3 Europe Electric Vehicles (EVs) Market by Country
- 6.4 Europe Carbon Removal Technologies Market by Country
- 6.5 Europe Carbon Capture and Storage (CCS) Market by Country
- Chapter 7. Europe Decarbonization Market by Service
- 7.1 Europe Sustainable Transportation Services Market by Country
- 7.2 Europe Carbon Accounting and Reporting Services Market by Country
- 7.3 Europe Waste Reduction and Circular Economy Services Market by Country
- Chapter 8. Europe Decarbonization Market by End-user
- 8.1 Europe Oil & Gas Market by Country
- 8.2 Europe Energy & Utility Market by Country
- 8.3 Europe Automotive & Transportation Market by Country
- 8.4 Europe Agriculture Market by Country
- 8.5 Europe Aerospace & Defense Market by Country
- 8.6 Europe Government Market by Country
- 8.7 Europe Other End-user Market by Country
- Chapter 9. Europe Decarbonization Market by Country
- 9.1 Germany Decarbonization Market
- 9.1.1 Germany Decarbonization Market by Deployment
- 9.1.2 Germany Decarbonization Market by Technology
- 9.1.3 Germany Decarbonization Market by Service
- 9.1.4 Germany Decarbonization Market by End-user
- 9.2 UK Decarbonization Market
- 9.2.1 UK Decarbonization Market by Deployment
- 9.2.2 UK Decarbonization Market by Technology
- 9.2.3 UK Decarbonization Market by Service
- 9.2.4 UK Decarbonization Market by End-user
- 9.3 France Decarbonization Market
- 9.3.1 France Decarbonization Market by Deployment
- 9.3.2 France Decarbonization Market by Technology
- 9.3.3 France Decarbonization Market by Service
- 9.3.4 France Decarbonization Market by End-user
- 9.4 Russia Decarbonization Market
- 9.4.1 Russia Decarbonization Market by Deployment
- 9.4.2 Russia Decarbonization Market by Technology
- 9.4.3 Russia Decarbonization Market by Service
- 9.4.4 Russia Decarbonization Market by End-user
- 9.5 Spain Decarbonization Market
- 9.5.1 Spain Decarbonization Market by Deployment
- 9.5.2 Spain Decarbonization Market by Technology
- 9.5.3 Spain Decarbonization Market by Service
- 9.5.4 Spain Decarbonization Market by End-user
- 9.6 Italy Decarbonization Market
- 9.6.1 Italy Decarbonization Market by Deployment
- 9.6.2 Italy Decarbonization Market by Technology
- 9.6.3 Italy Decarbonization Market by Service
- 9.6.4 Italy Decarbonization Market by End-user
- 9.7 Rest of Europe Decarbonization Market
- 9.7.1 Rest of Europe Decarbonization Market by Deployment
- 9.7.2 Rest of Europe Decarbonization Market by Technology
- 9.7.3 Rest of Europe Decarbonization Market by Service
- 9.7.4 Rest of Europe Decarbonization Market by End-user
- Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Accenture PLC
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Siemens AG
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.5.2 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 SAP SE
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Tesla, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Shell plc
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 Schneider Electric SE
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.6 SWOT Analysis
- 10.8 Google LLC (Alphabet Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 SWOT Analysis
- 10.9 Microsoft Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 SWOT Analysis
- 10.10. BASF SE
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 SWOT Analysis
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