The Europe Clean Technology Market would witness market growth of 11.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Clean Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $93,925.4 Million by 2031. The UK market is exhibiting a CAGR of 11% during (2024 - 2031). Additionally, The France market would experience a CAGR of 12.8% during (2024 - 2031).
The clean technology market also benefits from transportation electrification, which has gained momentum in recent years. The emergence of electric vehicles, in conjunction with progress in charging infrastructure and battery technology, is revolutionizing the automotive sector. Prominent automobile manufacturers are transitioning towards the production of electric vehicles, while governmental bodies are enacting rigorous emissions regulations aimed at the gradual elimination of internal combustion engine (ICE) vehicles.
Moreover, the electric vehicle industry is witnessing remarkable growth, with annual sales achieving unprecedented levels. The advancement of hydrogen fuel cell technology presents a viable alternative sustainable energy solution for transportation, especially in the sectors of heavy-duty vehicles, maritime shipping, and aviation.
The clean technology market in Europe is witnessing unprecedented expansion, driven by a combination of national policies, EU-wide strategies, and technological advancements. The European Green Deal provides a cohesive framework for achieving carbon neutrality by 2050, with directives focusing on renewable energy, energy efficiency, circular economy practices, and sustainable mobility. In addition, the Strategic Technologies for Europe Platform (STEP) is accelerating investment in next-generation energy solutions, including advanced battery technologies, green hydrogen, and carbon capture innovations.
Free Valuable Insights: The Global Clean Technology Market will Hit USD 1976.03 Billion by 2031, at a CAGR of 12.2%
Based on Application, the market is segmented into Commercial, Industrial, and Residential. Based on Type, the market is segmented into Renewable Energy Technologies, Energy Storage Solutions, Energy Efficiency Solutions, Water & Waste Management, Air & Environment Management, and Agriculture & Food Systems. 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
- ABB Ltd.
- Eaton Corporation plc
- GE Vernova Group
- Siemens AG
- Schneider Electric SE
- First Solar, Inc.
- Sungrow Power Supply Co., Ltd.
- NextEra Energy, Inc.
- Iberdrola, S.A.
Europe Clean Technology Market Report Segmentation
By Application
- Commercial
- Industrial
- Residential
By Type
- Renewable Energy Technologies
- Energy Storage Solutions
- Energy Efficiency Solutions
- Water & Waste Management
- Air & Environment Management
- Agriculture & Food Systems
By Country
- 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 Clean Technology Market, by Application
1.4.2 Europe Clean Technology Market, by Type
1.4.3 Europe Clean Technology 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 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. Europe Clean Technology Market by Application
5.1 Europe Commercial Market by Country
5.2 Europe Industrial Market by Country
5.3 Europe Residential Market by Country
Chapter 6. Europe Clean Technology Market by Type
6.1 Europe Renewable Energy Technologies Market by Country
6.2 Europe Energy Storage Solutions Market by Country
6.3 Europe Energy Efficiency Solutions Market by Country
6.4 Europe Water & Waste Management Market by Country
6.5 Europe Air & Environment Management Market by Country
6.6 Europe Agriculture & Food Systems Market by Country
Chapter 7. Europe Clean Technology Market by Country
7.1 Germany Clean Technology Market
7.1.1 Germany Clean Technology Market by Application
7.1.2 Germany Clean Technology Market by Type
7.2 UK Clean Technology Market
7.2.1 UK Clean Technology Market by Application
7.2.2 UK Clean Technology Market by Type
7.3 France Clean Technology Market
7.3.1 France Clean Technology Market by Application
7.3.2 France Clean Technology Market by Type
7.4 Russia Clean Technology Market
7.4.1 Russia Clean Technology Market by Application
7.4.2 Russia Clean Technology Market by Type
7.5 Spain Clean Technology Market
7.5.1 Spain Clean Technology Market by Application
7.5.2 Spain Clean Technology Market by Type
7.6 Italy Clean Technology Market
7.6.1 Italy Clean Technology Market by Application
7.6.2 Italy Clean Technology Market by Type
7.7 Rest of Europe Clean Technology Market
7.7.1 Rest of Europe Clean Technology Market by Application
7.7.2 Rest of Europe Clean Technology Market by Type
Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 ABB Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Eaton Corporation PLC
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 GE Vernova Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Siemens AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Schneider Electric SE
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 First Solar, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 Sungrow Power Supply Co., Ltd.
8.8.1 Company Overview
8.9 NextEra Energy, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.10. Iberdrola, S.A.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
TABLE 1 Europe Clean Technology Market, 2020 - 2023, USD Million
TABLE 2 Europe Clean Technology Market, 2024 - 2031, USD Million
TABLE 3 Europe Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 4 Europe Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 5 Europe Commercial Market by Country, 2020 - 2023, USD Million
TABLE 6 Europe Commercial Market by Country, 2024 - 2031, USD Million
TABLE 7 Europe Industrial Market by Country, 2020 - 2023, USD Million
TABLE 8 Europe Industrial Market by Country, 2024 - 2031, USD Million
TABLE 9 Europe Residential Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Residential Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 12 Europe Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 13 Europe Renewable Energy Technologies Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Renewable Energy Technologies Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Energy Storage Solutions Market by Country, 2020 - 2023, USD Million
TABLE 16 Europe Energy Storage Solutions Market by Country, 2024 - 2031, USD Million
TABLE 17 Europe Energy Efficiency Solutions Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Energy Efficiency Solutions Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Water & Waste Management Market by Country, 2020 - 2023, USD Million
TABLE 20 Europe Water & Waste Management Market by Country, 2024 - 2031, USD Million
TABLE 21 Europe Air & Environment Management Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Air & Environment Management Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Agriculture & Food Systems Market by Country, 2020 - 2023, USD Million
TABLE 24 Europe Agriculture & Food Systems Market by Country, 2024 - 2031, USD Million
TABLE 25 Europe Clean Technology Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Clean Technology Market by Country, 2024 - 2031, USD Million
TABLE 27 Germany Clean Technology Market, 2020 - 2023, USD Million
TABLE 28 Germany Clean Technology Market, 2024 - 2031, USD Million
TABLE 29 Germany Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 30 Germany Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 31 Germany Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 32 Germany Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 33 UK Clean Technology Market, 2020 - 2023, USD Million
TABLE 34 UK Clean Technology Market, 2024 - 2031, USD Million
TABLE 35 UK Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 36 UK Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 37 UK Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 38 UK Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 39 France Clean Technology Market, 2020 - 2023, USD Million
TABLE 40 France Clean Technology Market, 2024 - 2031, USD Million
TABLE 41 France Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 42 France Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 43 France Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 44 France Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 45 Russia Clean Technology Market, 2020 - 2023, USD Million
TABLE 46 Russia Clean Technology Market, 2024 - 2031, USD Million
TABLE 47 Russia Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 48 Russia Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 49 Russia Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 50 Russia Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 51 Spain Clean Technology Market, 2020 - 2023, USD Million
TABLE 52 Spain Clean Technology Market, 2024 - 2031, USD Million
TABLE 53 Spain Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 54 Spain Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 55 Spain Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 56 Spain Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 57 Italy Clean Technology Market, 2020 - 2023, USD Million
TABLE 58 Italy Clean Technology Market, 2024 - 2031, USD Million
TABLE 59 Italy Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 60 Italy Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 61 Italy Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 62 Italy Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 63 Rest of Europe Clean Technology Market, 2020 - 2023, USD Million
TABLE 64 Rest of Europe Clean Technology Market, 2024 - 2031, USD Million
TABLE 65 Rest of Europe Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 66 Rest of Europe Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 67 Rest of Europe Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 68 Rest of Europe Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 69 Key Information – IBM Corporation
TABLE 70 Key Information – ABB Ltd.
TABLE 71 Key Information – Eaton Corporation PLC
TABLE 72 Key Information – GE Vernova Group
TABLE 73 Key Information – Siemens AG
TABLE 74 Key Information – Schneider Electric SE
TABLE 75 Key Information – First Solar, Inc.
TABLE 76 Key Information – Sungrow Power Supply Co., Ltd.
TABLE 77 Key Information – NextEra Energy, Inc.
TABLE 78 Key Information – Iberdrola, S.A.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Clean Technology Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Clean Technology Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Clean Technology Market
FIG 6 Europe Clean Technology Market share by Application, 2023
FIG 7 Europe Clean Technology Market share by Application, 2031
FIG 8 Europe Clean Technology Market by Application, 2020 - 2031, USD Million
FIG 9 Europe Clean Technology Market share by Type, 2023
FIG 10 Europe Clean Technology Market share by Type, 2031
FIG 11 Europe Clean Technology Market by Type, 2020 - 2031, USD Million
FIG 12 Europe Clean Technology Market share by Country, 2023
FIG 13 Europe Clean Technology Market share by Country, 2031
FIG 14 Europe Clean Technology Market by Country, 2020 - 2031, USD Million
FIG 15 SWOT Analysis: IBM Corporation
FIG 16 SWOT Analysis: ABB ltd.
FIG 17 SWOT Analysis: Eaton Corporation PLC
FIG 18 SWOT Analysis: GE Vernova Group
FIG 19 SWOT Analysis: Siemens AG
FIG 20 SWOT Analysis: Schneider Electric SE
