The Latin America, Middle East and Africa Clean Technology Market would witness market growth of 12.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Clean Technology Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $32,126.7 Million by 2031. The Argentina market is registering a CAGR of 13.3% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 11% during (2024 - 2031).
The decentralization of energy production reshapes global energy sectors by shifting power generation from centralized grids to distributed energy resources (DERs) such as rooftop solar, wind turbines, microgrids, and battery storage systems. This transformation enhances energy efficiency, reliability, and sustainability, reducing dependence on fossil fuels and large utilities.
Additionally, countries like the U.S. and India are promoting rooftop solar installations, with initiatives like India's 40 GW Rooftop Solar Program empowering households and industries to generate their power. Microgrids, such as the Brooklyn Microgrid in New York, provide localized energy security by integrating solar, battery storage, and blockchain-based energy trading, while in Kenya, solar-powered microgrids bring electricity to off-grid communities, supporting rural development.
The LAMEA region is experiencing a substantial rise in demand for clean technology due to increasing environmental concerns, energy security goals, and economic opportunities. Governments across the region are actively investing in renewable energy sources, energy efficiency solutions, and green hydrogen initiatives to reduce reliance on fossil fuels and meet global carbon reduction targets. The region is also attracting foreign investments, technological collaborations, and financing from global institutions such as the World Bank, the International Renewable Energy Agency (IRENA), and the Clean Technology Fund (CTF).
Free Valuable Insights: The Worldwide Clean Technology Market is Projected to reach 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Clean Technology Market, by Application
1.4.2 LAMEA Clean Technology Market, by Type
1.4.3 LAMEA 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. LAMEA Clean Technology Market by Application
5.1 LAMEA Commercial Market by Country
5.2 LAMEA Industrial Market by Country
5.3 LAMEA Residential Market by Country
Chapter 6. LAMEA Clean Technology Market by Type
6.1 LAMEA Renewable Energy Technologies Market by Country
6.2 LAMEA Energy Storage Solutions Market by Country
6.3 LAMEA Energy Efficiency Solutions Market by Country
6.4 LAMEA Water & Waste Management Market by Country
6.5 LAMEA Air & Environment Management Market by Country
6.6 LAMEA Agriculture & Food Systems Market by Country
Chapter 7. LAMEA Clean Technology Market by Country
7.1 Brazil Clean Technology Market
7.1.1 Brazil Clean Technology Market by Application
7.1.2 Brazil Clean Technology Market by Type
7.2 Argentina Clean Technology Market
7.2.1 Argentina Clean Technology Market by Application
7.2.2 Argentina Clean Technology Market by Type
7.3 UAE Clean Technology Market
7.3.1 UAE Clean Technology Market by Application
7.3.2 UAE Clean Technology Market by Type
7.4 Saudi Arabia Clean Technology Market
7.4.1 Saudi Arabia Clean Technology Market by Application
7.4.2 Saudi Arabia Clean Technology Market by Type
7.5 South Africa Clean Technology Market
7.5.1 South Africa Clean Technology Market by Application
7.5.2 South Africa Clean Technology Market by Type
7.6 Nigeria Clean Technology Market
7.6.1 Nigeria Clean Technology Market by Application
7.6.2 Nigeria Clean Technology Market by Type
7.7 Rest of LAMEA Clean Technology Market
7.7.1 Rest of LAMEA Clean Technology Market by Application
7.7.2 Rest of LAMEA 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 LAMEA Clean Technology Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Clean Technology Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 4 LAMEA Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 5 LAMEA Commercial Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Commercial Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Residential Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Residential Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 12 LAMEA Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 13 LAMEA Renewable Energy Technologies Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Renewable Energy Technologies Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Energy Storage Solutions Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Energy Storage Solutions Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Energy Efficiency Solutions Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Energy Efficiency Solutions Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Water & Waste Management Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Water & Waste Management Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Air & Environment Management Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Air & Environment Management Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Agriculture & Food Systems Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Agriculture & Food Systems Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Clean Technology Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Clean Technology Market by Country, 2024 - 2031, USD Million
TABLE 27 Brazil Clean Technology Market, 2020 - 2023, USD Million
TABLE 28 Brazil Clean Technology Market, 2024 - 2031, USD Million
TABLE 29 Brazil Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 30 Brazil Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 31 Brazil Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 32 Brazil Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 33 Argentina Clean Technology Market, 2020 - 2023, USD Million
TABLE 34 Argentina Clean Technology Market, 2024 - 2031, USD Million
TABLE 35 Argentina Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 36 Argentina Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 37 Argentina Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 38 Argentina Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 39 UAE Clean Technology Market, 2020 - 2023, USD Million
TABLE 40 UAE Clean Technology Market, 2024 - 2031, USD Million
TABLE 41 UAE Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 42 UAE Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 43 UAE Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 44 UAE Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 45 Saudi Arabia Clean Technology Market, 2020 - 2023, USD Million
TABLE 46 Saudi Arabia Clean Technology Market, 2024 - 2031, USD Million
TABLE 47 Saudi Arabia Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 48 Saudi Arabia Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 49 Saudi Arabia Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 50 Saudi Arabia Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 51 South Africa Clean Technology Market, 2020 - 2023, USD Million
TABLE 52 South Africa Clean Technology Market, 2024 - 2031, USD Million
TABLE 53 South Africa Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 54 South Africa Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 55 South Africa Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 56 South Africa Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 57 Nigeria Clean Technology Market, 2020 - 2023, USD Million
TABLE 58 Nigeria Clean Technology Market, 2024 - 2031, USD Million
TABLE 59 Nigeria Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 60 Nigeria Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 61 Nigeria Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 62 Nigeria Clean Technology Market by Type, 2024 - 2031, USD Million
TABLE 63 Rest of LAMEA Clean Technology Market, 2020 - 2023, USD Million
TABLE 64 Rest of LAMEA Clean Technology Market, 2024 - 2031, USD Million
TABLE 65 Rest of LAMEA Clean Technology Market by Application, 2020 - 2023, USD Million
TABLE 66 Rest of LAMEA Clean Technology Market by Application, 2024 - 2031, USD Million
TABLE 67 Rest of LAMEA Clean Technology Market by Type, 2020 - 2023, USD Million
TABLE 68 Rest of LAMEA 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 LAMEA 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 LAMEA Clean Technology Market share by Application, 2023
FIG 7 LAMEA Clean Technology Market share by Application, 2031
FIG 8 LAMEA Clean Technology Market by Application, 2020 - 2031, USD Million
FIG 9 LAMEA Clean Technology Market share by Type, 2023
FIG 10 LAMEA Clean Technology Market share by Type, 2031
FIG 11 LAMEA Clean Technology Market by Type, 2020 - 2031, USD Million
FIG 12 LAMEA Clean Technology Market share by Country, 2023
FIG 13 LAMEA Clean Technology Market share by Country, 2031
FIG 14 LAMEA 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
