net zero solutions market insights, net zero technology market growth, climate-focused solutions scope, sustainable energy solutions research, carbon neutrality market trends, green energy market drivers
At what pace is the net zero solutions market growing, and what is its estimated value?
The net zero solutions market size has grown exponentially in recent years. It will grow from $4.54 billion in 2024 to $5.64 billion in 2025 at a compound annual growth rate (CAGR) of 24.1%. The growth in the historic period can be attributed to rising public awareness of climate change, growing initial investments in green technologies, the development of carbon pricing mechanisms, the emergence of corporate sustainability initiatives, and rising significant advances in energy efficiency.
The net zero solutions market size is expected to see exponential growth in the next few years. It will grow to $13.25 billion in 2029 at a compound annual growth rate (CAGR) of 23.8%. The growth in the forecast period can be attributed to increasing corporate net zero commitments, expansion of green financing opportunities, integration of AI for energy optimization, stricter global climate policies, and rising consumer demand for sustainable products and services. Major trends in the forecast period include the adoption of green hydrogen technology, advancements in energy storage solutions, integration of AI for energy efficiency, expansion of the use of carbon capture and storage (CCS), and adoption of smart grid technologies.
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What are the top drivers to the rising demand in the net zero solutions market?
The demand for clean energy is expected to propel the growth of the net zero solutions market going forward. Clean energy is defined as energy obtained from sources that have minimum environmental impact and emit little or no greenhouse gases. Demand for clean energy is driven by concerns over climate change, advancements in technology, and supportive government policies and incentives. Net zero solutions are essential for clean energy advancement, focusing on balancing greenhouse gas emissions by adopting renewable energy, improving efficiency, and investing in carbon capture. This approach reduces carbon footprints and fosters sustainable practices. For instance, in March 2024, according to the report published by the American Clean Power Association, a US-based organization, in 2023, the clean energy industry installed 33.8 gigawatts (GW) of new utility-scale clean energy projects, marking a 12.5% increase over the previous record set in 2021. Therefore, the demand for clean energy is driving the growth of the net zero solutions market.
How is the net zero solutions market segmented?
The net zero solutions market covered in this report is segmented –
1) By Energy Type: Solar; Wind; Hydro; Geothermal; Other Energy Types
2) By Location: Upstream; Downstream
3) By Application: Industry; Buildings; Transport; Electricity And Heating; Other Applications
Subsegments:
1) By Solar: Photovoltaic (PV) Systems; Concentrated Solar Power (CSP); Solar Thermal Systems
2) By Wind: Onshore Wind Energy; Offshore Wind Energy; Distributed Wind Energy Systems
3) By Hydro: Large Hydropower Plants; Small Hydropower Plants; Run-of-River Hydro Systems
4) By Geothermal: Geothermal Power Plants; Ground Source Heat Pumps; Enhanced Geothermal Systems (EGS)
5) By Other Energy Types: Biomass Energy; Ocean Energy; Hydrogen Energy Solutions
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Who are the top competitors in the net zero solutions market?
Major companies operating in the net zero solutions market areSiemens AG, Accenture Plc, Iberdrola S.A, Veolia Environnement SA, Jacobs Solutions Inc., AECOM, Arup Group, Vestas Wind Systems A/S, EDF Renewable Inc., Schneider Electric SE, Tetra Tech Inc., Mott MacDonald Group Limited, Bloom Energy Corporation, Institutional Shareholder Services Inc., Babcock & Wilcox Enterprises Inc., Royal HaskoningDHV, Sungrow, Mercuria Energy Group Limited, Sustainable Energy for All (SEforALL), Carbon Clean Solutions Pvt Ltd., GranBio, E.ON Next Energy Limited, Envision Group
What major trends will shape the net zero solutions market during the forecast period?
Major companies operating in the net zero solutions market are focused on developing advanced technologies, such as greenhouse gas emissions trackers, to support global efforts to achieve climate neutrality and meet regulatory requirements. A greenhouse gas emissions tracker collects and processes data on emissions levels to offer insights into greenhouse gas (GHG) sources and quantities for managing and reducing their carbon footprint. For instance, in February 2022, Salesforce, Inc., a US-based software company, launched Net Zero Cloud 2.0. This platform helps companies set science-based goals and monitor their achievement. This updated version tracks scope 3 emissions across the entire value chain and supports suppliers and distributors in cutting their emissions. Organizations can expedite their journey to net-zero carbon emissions by leveraging ‘what-if’ analysis to visualize progress and ensure alignment with their climate commitments. The platform offers actionable insights through advanced analytics and Tableau-based data visualization and facilitates real-time environmental, social, and governance (ESG) reporting to enhance transparency and track net-zero progress.
Which regional trends are influencing the net zero solutions market, and which area dominates the industry?
Asia-Pacific was the largest region in the net-zero solutions market in 2024. The regions covered in the net zero solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Net Zero Solutions Market Report 2025 Offer?
The net zero solutions market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Net zero solutions encompass a range of strategies aimed at reducing greenhouse gas emissions to as close to zero as possible and offsetting any remaining emissions through carbon capture or other means. These solutions often include renewable energy technologies, energy efficiency measures, and carbon offset projects. The goal is to mitigate climate change impacts and achieve long-term environmental sustainability.
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