Climate Resilient Technologies Market

Climate Resilient Technologies Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Climate Resilient Technologies Market Segmented By Resilience Solution, Services Solution in SMEs, Large Enterprises Size in Agriculture, Transportation, Energy & Utilities, Healthcare Industry

Climate Resilient Technologies Market Introduction

There is various climate change happening nowadays and its impact are growing more severe. The impacts like heatwaves, droughts, sea level rise, fiercer storms and more are affecting the vulnerable communities. In addition to prevent the worst impacts of climate change adoption of climate resilient technology is increasing.

Climate resilient technology is a technology that absorbs stresses and maintain function in the face of external stresses imposed upon it by climate change and reorganize and adapt into more desirable configuration that improves the sustainability. Climate resilience saves lives, addresses underlying inequalities, reduces poverty and delivers strong economic returns.

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Climate Resilient Technologies Market Forecast and CAGR

According to latest research, Climate Resilient Technologies market is estimated to grow with a expected CAGR of 9%. The demand is increasing for climate resilient technology as the climate resilience has ability to prepare, anticipate and respond to hazardous events that can create disturbance in climate.

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Increasing Demand for Climate Resilient Technology in Agriculture Sector

Climate change impacts on agriculture and are being witnessed all over the globe. The projected impacts are likely to further aggravate field fluctuations of many crops thus impacting food security. Adoption of climate resilient technology is increasing in agricultural sector to achieve long-term higher productivity.

Climate resilient technology helps to reduce hunger and poverty in the face of climate change for forthcoming generations. Using climate resilient technology helps in improving access and utilization of technology, increased use of resource conservation technologies, increased adaptation of crops and livestock to climate stress.

Soil health is important factor that determines the resilience of crop production under changing climate. Various interventions are made to build soil carbon, control soil loss due to erosion and enhance water holding capacity of soils. To cope with climate variability contingency plans are introduced to help famers cope with climate variability.

Climate resilient technology is used for enhancing adaptation to heat stress, and to record real time weather parameters such as temperature, wind speed, rainfall, etc. However, the use of climate resilient technology can help the farmer to enhance the productivity so the adoption is increasing.

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What is Driving Demand for Climate Resilient Technologies?

Cities and smaller communities face various challenges like flooding, drought, and heat. In response to this cities are developing resilience plan. The city aims to make the operations and structure more sustainable by focusing on reducing energy consumption, transitioning administrative vehicles to alternative fuels, installing solar panels in administrative buildings.

Cities are adopting climate resilient technology to implement throughout city operation, resulting in new resilient design standards for public works. Investing in climate resilient technology helps cities create the competitive local economies that attract new businesses and residents.

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North America Climate Resilient Technologies Demand Outlook

North America region is estimated to have largest market share in 2020 owing to the presence of climate resilient technology provider in the region. Vendors in the region are focusing on research and development activities and integrating advanced technology to serve the challenge of climate change.

Adoption of climate resilient technology is increasing in various sectors including transportation, healthcare and mainly in agricultural sector of North America region.

South Asia & Pacific Climate Resilient Technologies Market Outlook

South Asia & Pacific region is estimated to witness high growth during the coming years as the countries like India, Australia and others are facing threats due to climate change. The governments in the region are focusing on investing on climate resilient technology for improving the agriculture sector.

Growing concern regarding the climate changes and its effect on the economy of the countries is driving the demand for climate resilient technology in the region.

Who are the Key Providers of Climate Resilient Technologies?

Some of the leading Climate Resilient Technologies providers include

  • Climavision
  • Gro Intelligence
  • ClimateAI
  • Terrafuse AI
  • NCX
  • Among others.

These vendors are adopting different strategies for enhancing the customer base and their product offering locally and globally. Companies are also investing millions of dollars into research and development activities to fulfill the unmet needs of their customers.

Furthermore, many companies are focusing on inorganic strategies by acquiring small and mid-sized organizations present in this market.

Key Segments

By Solution

  • Resilience Solution
  • Services
    • Integration & Implementation
    • Consulting Services
    • Support & Maintenance

By Enterprise Size

  • SMEs
  • Large Enterprises

By Industry

  • Agriculture
  • Transportation
  • Energy & Utilities
  • Healthcare
  • Others

By Region

  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux
    • Russia
    • Rest of Europe
  • East Asia
    • China
    • Japan
    • South Korea
  • South Asia & Pacific
    • India
    • Malaysia
    • Indonesia
    • Singapore
    • Australia & New Zealand
    • Rest of South Asia & Pacific
  • Middle East & Africa
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Climate Resilient Technologies Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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