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Carbon Emissions Management Market

Carbon Emissions Management Market

The market for Carbon Emissions Management was estimated at $13.4 billion in 2024; it is anticipated to increase to $22.0 billion by 2030, with projections indicating growth to around $33.2 billion by 2035.

Report ID:DS1606006
Author:Vineet Pandey - Business Consultant
Published Date:January 2025
Datatree
Industrial & Consumer Services
Industrial Service
Carbon Emissions Management
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Report Summary
Table of Contents
Methodology
Market Data

Global Carbon Emissions Management Market Outlook

Revenue, 2024

$13.4B

Forecast, 2034

$30.6B

CAGR, 2024 - 2034

8.6%
The Carbon Emissions Management industry revenue is expected to be around $14.6 billion in 2025 and expected to showcase growth with 8.6% CAGR between 2025 and 2034. Its significance lies in its ability to help organizations, industries and economies accurately gauge, manage and diminish their carbon footprints in order to balance success, with environmental health.

Utilizing approaches like supervision and tracking alongside carbon trading systems forms the foundation of this groundbreaking market that emphasizes openness and responsibility. Developments like the growth of carbon markets and the use of AI to boost effectiveness and precision are key factors, in elevating the importance of this market.

Carbon Emissions Management market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • The Carbon Emissions Management market is projected to grow from $13.4 billion in 2024 to $30.6 billion in 2034. This represents a CAGR of 8.6%, reflecting rising demand across Carbon Emission Measurement and Reporting, Carbon Capture and Storage (CCS) and Carbon Emission Market Trading.
  • IBM Corporation, SAP SE, Schneider Electric SE are among the leading players in this market, shaping its competitive landscape.
  • U.S. and China are the top markets within the Carbon Emissions Management market and are expected to observe the growth CAGR of 6.3% to 9.0% between 2024 and 2030.
  • Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.3% to 10.8%.
  • Transition like Transition to Renewable Energy Sources is expected to add $2.4 billion to the Carbon Emissions Management market growth by 2030
  • The Carbon Emissions Management market is set to add $17.2 billion between 2024 and 2034, with service providers targeting Reporting & Risk Management & Carbon Trading Solution Type projected to gain a larger market share.
  • With Rise in environmental awareness, and Stricter regulatory frameworks, Carbon Emissions Management market to expand 128% between 2024 and 2034.
carbon emissions management market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Carbon Emissions Management

The use of AI and ML in managing Carbon Emissions is relatively new at this point, in time. The potential applications of these technologies lie in their ability to predict and forecast emissions trends which can facilitate decision making processes.

Growth Opportunities in North America and Europe

North America Outlook

North America has a history of leading in environmental policy with a well developed market for managing carbon emissions. The competition among businesses to lower their carbon footprint is intense due to regulations and increasing public awareness. There are opportunities for growth, in the development of carbon capture technologies and the implementation of policies that support business practices.

Europe Outlook

Europe has advanced in controlling carbon emissions with nations such as Germany and the UK taking the lead through their thinking environmental strategies that drive healthy competition among them. The European Unions dedication to cutting down emissions opens up possibilities for businesses. As the number of energy initiatives grows the need, for effective management of carbon emissions is anticipated to rise.

Market Dynamics and Supply Chain

01

Driver: Rise in Environmental Awareness, and Advancements in Technology

A significant factor driving the Carbon Emissions Management market is also the increasing awareness of environmental issues prompting companies and governments to take proactive steps in managing and decreasing their carbon emissions to address climate change concerns. This heightened focus and concern for the environment have also led to a rise in the need, for carbon management solutions. The progress in technology has also completely transformed Carbon Emissions Management by leveraging innovations in areas like Data Analytics and the IOT . These tools enable effective tracking and mitigation of greenhouse gas emissions and play a crucial role, in driving this market forward.
Numerous economies are also implementing stringent regulatory frameworks and legislation concerning emission control in recent times. Organizations are also increasingly pressured to enhance their management of carbon emissions to meet these standards and drive market expansion.
02

Restraint: Lack of Global Regulatory Uniformity

The lack of rules for managing carbon emissions poses a significant hurdle to address the issue effectively and uniformly on a global scale. Countries worldwide have varying regulations concerning emissions control; this diversity complicates the establishment of a carbon emissions protocol by multinational companies. This absence of alignment can deter businesses from pursuing initiatives to reduce emissions due to the potential lack of recognition, across all regions where they conduct operations.
03

Opportunity: Green Financial Instruments and Carbon Capture Tech Improvement

The thriving field of Green Finance provides a chance for expansion in managing Carbon Emissions sustainably Business entities can leverage emissions trading systems or carbon credits to receive monetary rewards for reducing their carbon emissions Incorporating carbon management into their financial approach will give businesses a competitive advantage align with the worldwide trend, towards sustainable investments.
The progress of technology is anticipated to enhance the efficiency and affordability of carbon capture and storage solutions . These advancements have the potential to transform the field of Carbon Emissions Management by providing a method to control emissions effectively and efficiently businesses that pioneer in this domain may experience significant expansion as a result.
04

Challenge: High Initial Investment Costs

A major challenge is the financial investment needed to implement carbon management strategies initially. Large scale investments are necessary for low carbon technologies like carbon capture and storage which can deter businesses and those, in developing countries from adopting complete carbon management approaches. This obstacle can impede the expansion of the market.

Supply Chain Landscape

1
Carbon Emissions Measurement & Verification

Gold Standard

Verra

2
Emissions Modelling Software

Sphera

SimaPro

3
Emissions Reduction Technologies

ABB

GE Alstom

4
Sustainable Practices Implementation

Accenture

McKinsey & Company

*The illustration highlights the key stakeholders within the supply chain ecosystem.

Applications of Carbon Emissions Management in Emission Measurement & Reporting, Capture & Storage (CCS) & Emission Market Trading

Carbon Emission Measurement and Reporting

This software helps companies track and report carbon emissions to meet regulations and environmental goals with the added benefit of offering real time analysis and reports for proactive emission reduction strategies supported by top industry names, like Advanced Emissions Solutions and Carbon Clean Solutions.

Carbon Capture and Storage (CCS)

This new system takes in carbon emissions from using fossil fuels and stores it to stop it from getting into the air offering a way to cut down carbon footprint without interrupting current activities in this region of work. The main companies making strides in this sector are Climeworks and Global Thermostat.

Carbon Emission Market Trading

Businesses can use this application to exchange their carbon emission permits promoting a market based strategy for reducing emissions with the added benefit of offering incentives to companies for cutting down their emissions levels effectively. The major players, in this arena include The European Union Emissions Trading System and the California Cap and Trade Program.

Recent Developments

December 2024

GreenTech Solutions has introduced a cutting edge software platform that utilizes intelligence to enhance the monitoring and implementation of strategies aimed at reducing carbon emissions.

October 2024

EnviroMonitor Inc. acquired CarbonSense Analytics, strengthening their position in the emissions management market

August 2024

ClearSky Solutions unveiled a cutting edge cloud based platform, for monitoring and managing real time carbon emissions.

The market for managing carbon emissions has seen growth thanks to increased environmental awareness and strict regulatory requirements worldwide. There is an increase in the use of carbon management software across various sectors such as manufacturing and retail to efficiently track and decrease their carbon footprint. This rise is driven by the growing need, for sustainability reporting and greenhouse gas management.

Impact of Industry Transitions on the Carbon Emissions Management Market

As a core segment of the Industrial Service industry, the Carbon Emissions Management market develops in line with broader industry shifts. Over recent years, transitions such as Transition to Renewable Energy Sources and Emergence of Carbon Capture Technology have redefined priorities across the Industrial Service sector, influencing how the Carbon Emissions Management market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Transition to Renewable Energy Sources

The market for managing carbon emissions is going through a change as companies and countries move towards using renewable energy sources like wind power, solar energy and hydroelectric power to effectively lower and control carbon emissions while providing affordable energy solutions. This shift towards energy is motivating businesses, in the market to fund the development of better carbon management systems and methods. This industry transition is expected to add $2.4 billion in the industry revenue between 2024 and 2030.
02

Emergence of Carbon Capture Technology

A notable shift, in the industry is the rise of carbon capture and storage technology which involves capturing carbon dioxide at its source of emission moving it and storing it underground.

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