Green Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Albany, NY -- (SBWIRE) -- 12/24/2015 -- Transparency Market Research has published a new report on the energy and mining sector. The report is titled "Green Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023" and can be accessed on the company website.
According to the report, the global green technologies market is growing out of the primary concern that the level of carbon emissions around the world is on the rise. Most nations are implementing several regulations and restrictions in order to bring down the level of pollution and waste generated.
The global green technologies market provides one of the greater answers to the problem of carbon footprint reduction. Using green tech, an economy can gradually shift towards cleaner methods of manufacturing, transportation, construction, and recycling, among others.
The global green technologies market is expected to play a crucial role in balancing out the ecological damage done in the efforts taken to improve the global economy.
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The report's regional analysis of the global green technologies market reveals that most of the developed nations have already initiated the use of green technology in multiple industries. There is constantly growing funding made available for power plants fueled by wind, water, biomass, or solar energy.
Many nations including China, the U.S., and several nations in Europe have already made large-scale implementations of wind energy. On one hand, nations such as the U.S. are receiving an accelerating rate of investments in the research and development and implementation of green technologies. The global green technologies market in developed nations is additionally expedited by government bodies that are creating regulations to keep the carbon emission rates of the nation under check.
The report shows that the automotive industry will gradually shift towards becoming completely green. Green vehicles are expected to become the norm in the near future as demand for hybrid and electric vehicles is increasing. Advancements in energy storage technology and automobile optimization have allowed electric and hybrid vehicles to compete with gasoline-powered vehicles on a commercial level, creating the initial scope required for the consumers and industries to shift towards green tech in cars.
The global investment scale in the global green technologies market has increased by nearly 17% in 2014. The report also shows that China has made the highest investment in the global green technologies market, followed by Japan and the U.S. Other nations that have also made significant investments in the global green technologies market are Thailand, the Philippines, Pakistan, Malaysia, and India.
The key players in the global green technologies market are First Solar etc., Sharp Solar, Gamesa, Suzlon, Clean Power Investor, Panasonic, Aleo Solar, Nissan, Siemens, and General Electric.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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