Environmental Technology Market Size, Share, and Trends 2025 to 2034

Environmental Technology Market Size and Forecast 2025 to 2034

The global environmental technology market size was estimated at USD 621.32 billion in 2024 and is anticipated to reach around USD 957.77 billion by 2034, expanding at a CAGR of 4.42% from 2025 to 2034. The rising investments and implementation of non-conventional sources of energy, increased awareness about sustainable energy due to growing negative impacts of pollution leading to significant health risks and stringent government regulations are driving the growth of the environmental technology market.

Environmental Technology Market Key Takeaways

• North America dominated the global environmental technology market with the largest market share of 38% in 2024.
• Asia Pacific is expected to expand at a solid CAGR during the forecast period.
• By components, the solutions segment contributed the highest market share of 73% in 2024.
• By components, the services segment is projected to grow at a significant CAGR during the forecast period.

Role of Artificial Intelligence in Fabrics Industry

The integration of AI in healthcare fabrics helps in monitoring the health and vitals of the wearer. Sensors embedded in smart fabrics can applied for tracking physiological data such as heart rate and body temperature. AI algorithms and deep learning tools assist in analysing real-time data for providing insights, for quick response in emergency situations and in risk stratification.

Integration of Artificial Intelligence in Environmental Technology 

• The integration of AI in environmental technology has widespread applications such as climate modelling, in conservation of biodiversity, for environmental monitoring by analysing data collected from sensors and satellites for detecting patterns or trends, in reducing industrial emissions, for decarbonizing industries, air quality tracking, recycling of plastic waste and in reducing fast fashion.  
• Furthermore, the use of cloud storage solutions for storing data in easily accessible, shareable format and the application of predictive models for scaling this data thereby providing AI models and data scientists with adaptive database for enhanced analysis, swift recovery and improved convenience. 

U.S. Environmental Technology Market Size and Growth 2025 to 2034

The U.S. environmental technology market size was evaluated at USD 177.08 billion in 2024 and is predicted to be worth around USD 278.40 billion by 2034, rising at a CAGR of 4.62% from 2025 to 2034. 

North America dominated the global environmental technology market with the largest market share of 38% in 2024. North America had the largest market size for green technology. It was majorly because there are many vendors in that region.

There's a growing demand in Asia Pacific for wastewater management and treatment. The environmental technology market is projected to grow a lot in this region. Asia Pacific is expected to expand at a solid CAGR during the forecast period. Asia Pacific will be a favorable market for all the investments for the future owing to countries such as India, China, Singapore, etc.

Environmental Technology Market Growth Factors

• Rising innovations in developing environment friendly technology.
• Increased investments by various organizations for reducing the global environmental impacts and health risks by deploying pollution management and controlling technologies.
• Growing support from government initiatives and stringent regulations for advancing the adoption of environmental technology.
• Ongoing research and development for harnessing clean and green technologies in various industries.
• Increasing demand for sustainable energy sources such as solar power, wind energy.
• Surge in manufacturing and sales of electric vehicles due to rising awareness and disposable incomes among consumers.
• Advancements in design and production of innovative sustainable battery materials leading to improved efficiency with reduced costs for application in environmental technology.

Market Scope

Component Insights

The solutions segment contributed the highest market share of 73% in 2024. The solution segment has a larger market share in the future. The continuous degradation of environment has led to an increase in innovations and developments to repair the damage. The research and developments in the green energy have created sustainable development for the environment. The production and uses of solar and wind energy, desalinization of water, usage of electric vehicles and pyrolysis are green innovations. Rain barrels, Smart thermostats, solar panels, recycling bins and smart power strips are all good innovations and solutions.

Various companies provide assistance or consultancy in the project needed to be installed. They also help in. Building the project or building the design of the project, including the production, installation and maintenance. Services as to the maintenance of the facility are done by experienced technicians.

Technology Insights

IoT helps in monitoring the environment. It helps in understanding the extreme weather conditions, water safety, and endangered species helps in commercial farming and more. The sensors that are fitted are able to understand the changes and report the same. Artificial intelligence and analytics is also widely used. in order to have an easy access to energy grids, various startups are using the blockchain technology. Cloud computing is yet another technology used in green energies.

Application Insights

Sustainable development is the reason why the green technologies are adopted. It has various applications in different aspects. It helps in purification and waste management. Such as pyrolysis, thermal depolymerization, desalinization etc. In order to have pollution free and clean water in the environment water purification is adopted. Solid waste management is another field that is taken care of by green technology. Crop and weather monitoring is another application of environmental technology. Carbon Footprint management also helps in detecting and eliminating the carbon footprints.

Environmental Technology Market Companies

• AECOM
• Lennox International
• Teledyne Technologies Incorporated
• Thermo Fisher Scientific Inc
• Abetment Technologies
• Waste connections
• Biffa
• Svante Inc
• Carbon Clean

Latest Announcements

• In January 2025, Ionomr Innovations Inc., a global leader in development and production of Hydrocarbon PFAS-free Ion Exchange Materials (IEMs) announced the launch of its cutting-edge development and low volume manufacturing facility located in Massachusetts. Bill Haberlin, CEO of Ionomr Innovations said that, “Ionomr's continued expansion is core to the company's strategy to develop and manufacture innovative world class sustainable products, PFAS-free, ion-exchange materials that enable our OEM partners worldwide to develop cutting-edge solutions that allow the planet to drive to Net Zero.” 

Recent Developments

• In January 2025, Chromafora, a Swedish environmental technology company received €22.5 million in financing from the European Investment Bank (EIB) for advancing their efforts in removing PFAS from water. The funding will support in the development and deployment of Chromafora’s SELPAXT technology utilising advanced filtration and proprietary chemical processes for addressing PFAS contamination to prevent potential environmental and health risks.
• In October 2024, the U.S. Environmental Protection Agency (EPA) announced a funding of $ 2.8 million through its Small Business Innovation Research (SBIR) Program for supporting seven small businesses in development of environmental technologies for addressing significant environmental issues such as food waste reduction, per- and polyfluoroalkyl substances (PFAS) destruction and enhancing disaster response systems among others.

Segments Covered in the Report

By Components

• Services
• Solutions

By Technology

• IoT
• Artificial intelligence
• Cloud computing
• Block chain
• Others

By Application

• Air and water pollution monitoring.
• Water purification
• Crop monitoring
• Management of carbon footprints
• Waste management
• Others

By Vertical

• Residential/municipal
• Industrial transportation & logistics
• Power, energy & utilities
• Manufacturing
• Retail & consumer goods
• Construction & building materials
• Government & defense
• Oil & gas
• Others (law enforcement, healthcare & life sciences)

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa