Carbon Footprint Management Market - Forecast(2024 - 2030)

Report Code: ITR 44761 Report Format: PDF + Excel

Overview

Carbon Footprint Management Market size was valued at $8.5 billion in 2019, and it is estimated to grow at a CAGR of 5.21% during 2020-2025. The growth is mainly attributed to the mandatory regulations and standard policies set to drive the market growth. Furthermore, strict carbon emission compliances and increasing government initiatives in order to minimize the carbon emissions propel the market growth.

Report Coverage

The report: “Carbon Footprint Management Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Carbon Footprint Management Market. 

By Type: Software, Services (Professional Services, Managed Services)
By Deployment: On-Premises, Cloud
By Vertical: Manufacturing, IT & Telecom, Commercial Building, Transportation, Utilities and Others
By Geography: North America (U.S., Canada and Mexico); South America (Brazil, Argentina, Rest of Americas); Europe (U.K., Germany, Italy, France, Rest of Europe); APAC (China, Japan, South Korea, India, Rest of APAC); RoW (Middle East & Africa)

Key Takeaways

  • North America dominated the Carbon Footprint Management market in term of revenue in 2019 owing to the presence of major number of players.
  • Utilities is the fastest growing industry for carbon footprint management with increasing need of electricity which set to push the market growth.
  • Stringent regulations in order to reduce carbon emissions set to drive the market growth.
  • High initial investment is the major challenge that hampers the market growth.

Deployment - Segment Analysis

Cloud based deployment held the major share of 58.96% in 2019. Cloud based deployment mode is more preferred for mobile and web application security and this is poised to drive the market growth. Cloud deployment provides greater flexibility and offer much less in the means of customization when compared to on-premises. It also offers better control of the data and reduce the risk of data loss.  This drives the market growth.

Industry Vertical - Segment Analysis

Utilities is the fastest growing segment in Carbon Footprint Management market and estimated to grow at a CAGR of 6.02% during forecast period 2020-2025. Increase in investments in utilities sector is set to drive the market growth. Approximately 20% of global Carbon emissions are emitted from electricity generation through the combustion of fossil fuels to generate heat that is required to power steam turbines. Increasing higher electricity demand, energy needs witnessed an upsurge. As a consequence, CO2 emissions has been rising due to the high energy consumption which set to create opportunities for the market growth.

Geography- Segment Analysis

North America dominated the Carbon Footprint Management market in 2019 with a market share of 35.82%, followed by Europe and APAC owing to the presence of large number of players and stringent regulations. According to U.S. Environmental Protection Agency (EPA), in 2018, U.S. greenhouse gas emissions had totaled 6,677 million metric tons of carbon dioxide. Increase in greenhouse gas emissions has created demand for carbon footprint management which set to drive the market in this region.

Drivers –Carbon Footprint Management Market

Growing awareness and stringent regulations pertaining to carbon emissions

Environmental Protection Agency (EPA) regulates greenhouse gas emissions from power plants under Section 111 of the Clean Air Act, which allows EPA and the states greater flexibility in implementing a standard. For instance, in June 2019, EPA had issued greenhouse gas (GHG) emission regulations for existing fossil fuel fired power plants in the Affordable Clean Energy (ACE) Rule. The regulation would direct states to require coal-fired power plants in order to use prescribed technologies to improve their heat rate and increase efficiency and this set to drive the market growth.

Increasing adoption of carbon footprint management in transportation sector

Transportation is one of the largest source of carbon emissions. In many countries, personal automobile is the single greatest polluter because of emission of carbon from millions of vehicles. So, there has been increase in investments on production of electric vehicles due to stringent government regulations and to reduce carbon emissions. This is poised to drive the carbon footprint management market.

Challenges – Carbon Footprint Management Market

High initial investment

The high cost associated with the replacement of existing infrastructure with greener and low carbon emitting infrastructure hampers the market growth. Small industries pose a major challenge in adopting low carbon emitting infrastructure restricts the market growth. Additionally, lack of awareness in adopting low carbon emission infrastructure restrain the market growth.

Market Landscape

Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Carbon Footprint Management market. Carbon Footprint Management top 10 companies include Ecova INC, Enablon SA, Enviance Inc, Firstcarbon Solutions, Greenstone, Processmap Corporation, SAP, Thinkstep AG, Verisae Inc, Natural Capital Partners, VelocityEHS, Aurecon Group, Carbon Solutions Global Ltd, Schneider Electric,  and others.

Acquisitions/Technology Launches

  • In June 2020, SAP had launched carbon emission accounting system in order to address climate change. Development of new systems increase the Company’s carbon footprint management market share.
  • In February 2020, Schneider Electric has announced its membership with the Climate Group’s EV100 initiative in order to launch a green fleet policy which aims to replace 100% of its car fleet with electric vehicles by 2030. This set to drive the market in future.
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1. Carbon Footprint Management Market - Overview
        1.1 Definitions and Scope
2. Carbon Footprint Management Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Carbon Footprint Management Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Carbon Footprint Management Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Carbon Footprint Management Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Carbon Footprint Management Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Carbon Footprint Management Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Carbon Footprint Management Market - By Type (Market Size -$Million / $Billion)
8.1 Introduction 
8.1.1 Software
8.1.2 Services
8.1.2.1 Professional Services
8.1.2.2 Managed Services
9. Carbon Footprint Management Market - By Deployment (Market Size -$Million / $Billion)
9.1 Introduction 
9.2 On-Premises
9.3 On-Demand
10. Carbon Footprint Management - By Vertical (Market Size -$Million / $Billion)
10.1 Introduction 
10.2 Manufacturing 
10.3 IT and Telecom 
10.4 Commercial Building 
10.5 Transportation 
10.6 Utilities
11. Carbon Footprint Management- By Geography (Market Size -$Million / $Billion)
        11.1 Carbon Footprint Management Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Carbon Footprint Management- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Carbon Footprint Management- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Carbon Footprint Management - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Carbon Footprint Management - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Carbon Footprint Management Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Carbon Footprint Management Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Carbon Footprint Management Market - Key Company List by Country Premium
15. Carbon Footprint Management Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Ecova, Inc. 
15.3 Enablon SA 
15.4 Enviance, Inc. 
15.5 Firstcarbon Solutions 
15.6 Greenstone+ 
15.7 IHS Markit Ltd. 
15.8 Processmap Corporation 
15.9 Schneider Electric SE 
15.10 Thinkstep AG 
15.11 Verisae, Inc
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Carbon Footprint Management Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Carbon Footprint Management Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
2.Global Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
2.1 On-Premises Market 2023-2030 ($M) - Global Industry Research
2.2 On-Demand Market 2023-2030 ($M) - Global Industry Research
3.Global Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
3.1 Manufacturing Market 2023-2030 ($M) - Global Industry Research
3.2 IT & Telecom Market 2023-2030 ($M) - Global Industry Research
3.3 Commercial Building Market 2023-2030 ($M) - Global Industry Research
3.4 Transportation Market 2023-2030 ($M) - Global Industry Research
3.5 Utilities Market 2023-2030 ($M) - Global Industry Research
4.Global Carbon Footprint Management Market Analysis By Type Market 2023-2030 (Volume/Units)
5.Global Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 (Volume/Units)
5.1 On-Premises Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 On-Demand Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 (Volume/Units)
6.1 Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 IT & Telecom Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Commercial Building Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Transportation Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Utilities Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
8.North America Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
8.1 On-Premises Market 2023-2030 ($M) - Regional Industry Research
8.2 On-Demand Market 2023-2030 ($M) - Regional Industry Research
9.North America Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
9.1 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
9.2 IT & Telecom Market 2023-2030 ($M) - Regional Industry Research
9.3 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
9.4 Transportation Market 2023-2030 ($M) - Regional Industry Research
9.5 Utilities Market 2023-2030 ($M) - Regional Industry Research
10.South America Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
11.South America Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
11.1 On-Premises Market 2023-2030 ($M) - Regional Industry Research
11.2 On-Demand Market 2023-2030 ($M) - Regional Industry Research
12.South America Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
12.1 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
12.2 IT & Telecom Market 2023-2030 ($M) - Regional Industry Research
12.3 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
12.4 Transportation Market 2023-2030 ($M) - Regional Industry Research
12.5 Utilities Market 2023-2030 ($M) - Regional Industry Research
13.Europe Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
14.Europe Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
14.1 On-Premises Market 2023-2030 ($M) - Regional Industry Research
14.2 On-Demand Market 2023-2030 ($M) - Regional Industry Research
15.Europe Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
15.1 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
15.2 IT & Telecom Market 2023-2030 ($M) - Regional Industry Research
15.3 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
15.4 Transportation Market 2023-2030 ($M) - Regional Industry Research
15.5 Utilities Market 2023-2030 ($M) - Regional Industry Research
16.APAC Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
17.APAC Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
17.1 On-Premises Market 2023-2030 ($M) - Regional Industry Research
17.2 On-Demand Market 2023-2030 ($M) - Regional Industry Research
18.APAC Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
18.1 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
18.2 IT & Telecom Market 2023-2030 ($M) - Regional Industry Research
18.3 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
18.4 Transportation Market 2023-2030 ($M) - Regional Industry Research
18.5 Utilities Market 2023-2030 ($M) - Regional Industry Research
19.MENA Carbon Footprint Management Market Analysis By Type Market 2023-2030 ($M)
20.MENA Carbon Footprint Management Market Analysis By Deployment Market 2023-2030 ($M)
20.1 On-Premises Market 2023-2030 ($M) - Regional Industry Research
20.2 On-Demand Market 2023-2030 ($M) - Regional Industry Research
21.MENA Carbon Footprint Management Market Analysis By Vertical Market 2023-2030 ($M)
21.1 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
21.2 IT & Telecom Market 2023-2030 ($M) - Regional Industry Research
21.3 Commercial Building Market 2023-2030 ($M) - Regional Industry Research
21.4 Transportation Market 2023-2030 ($M) - Regional Industry Research
21.5 Utilities Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Carbon Footprint Management Market Revenue, 2023-2030 ($M)
2.Canada Carbon Footprint Management Market Revenue, 2023-2030 ($M)
3.Mexico Carbon Footprint Management Market Revenue, 2023-2030 ($M)
4.Brazil Carbon Footprint Management Market Revenue, 2023-2030 ($M)
5.Argentina Carbon Footprint Management Market Revenue, 2023-2030 ($M)
6.Peru Carbon Footprint Management Market Revenue, 2023-2030 ($M)
7.Colombia Carbon Footprint Management Market Revenue, 2023-2030 ($M)
8.Chile Carbon Footprint Management Market Revenue, 2023-2030 ($M)
9.Rest of South America Carbon Footprint Management Market Revenue, 2023-2030 ($M)
10.UK Carbon Footprint Management Market Revenue, 2023-2030 ($M)
11.Germany Carbon Footprint Management Market Revenue, 2023-2030 ($M)
12.France Carbon Footprint Management Market Revenue, 2023-2030 ($M)
13.Italy Carbon Footprint Management Market Revenue, 2023-2030 ($M)
14.Spain Carbon Footprint Management Market Revenue, 2023-2030 ($M)
15.Rest of Europe Carbon Footprint Management Market Revenue, 2023-2030 ($M)
16.China Carbon Footprint Management Market Revenue, 2023-2030 ($M)
17.India Carbon Footprint Management Market Revenue, 2023-2030 ($M)
18.Japan Carbon Footprint Management Market Revenue, 2023-2030 ($M)
19.South Korea Carbon Footprint Management Market Revenue, 2023-2030 ($M)
20.South Africa Carbon Footprint Management Market Revenue, 2023-2030 ($M)
21.North America Carbon Footprint Management By Application
22.South America Carbon Footprint Management By Application
23.Europe Carbon Footprint Management By Application
24.APAC Carbon Footprint Management By Application
25.MENA Carbon Footprint Management By Application