London, 03 September 2015 – Technavio has published a new report on the clean technology market in developing countries, which is expected to grow at a CAGR of over 11% from 2015-2019.
About the Report
The new Technavio report highlights the rapid adoption of clean technologies, which is driven by the widespread of global warming that has led to climate change.
“The threat of climate change is due to the accumulation of greenhouse gas resulting from increased urbanization and industrialization and excessive use of fossil fuels,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the increase in GHG emissions and environmental concerns, which is driving many developing countries to adopt low carbon and sustainable power generation.
“Many developing countries, including India, China, South Korea, Kenya, and Brazil are investing heavily in the deployment of clean energy technologies such as wind power, solar power, smart grids, biofuels, and low carbon transportation,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the clean technology market in developing countries from 2015-2019. The report also discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole.
Key Information Covered in the Report:
Key Vendors:
- Novozymes A/S
- Siemens Water Technologies Corp.
- Suez Environment Co. SA
- Suzlon Energy Ltd.
- Syntec Biofuels Inc.
- Toyota Motor Corp.
- Trina Solar Ltd.
Market Growth Drivers:
- Global Warming and Climate Change
- For a full detailed list, view our report.
Market Challenges:
- High Cost for Deployment of Clean Technologies
- For a full detailed list, view our report.
Market Trends:
- Increase in Environmental Concerns
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
