
North America Decarbonization Market Size, Share & Trends Analysis Report By Deployment (On-premises, and Cloud), By Technology, By Service, By End-user, By Country and Growth Forecast, 2024 - 2031
Description
The North America Decarbonization Market would witness market growth of 10.6 % CAGR during the forecast period (2024-2031).
The US market dominated the North America Decarbonization Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $949,459.8 million by 2031. The Canada market is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12% during (2024 - 2031).
Financial markets are also playing a critical role in accelerating decarbonization. The rise of green finance, including green bonds and sustainability-linked loans, is channeling significant capital into low-carbon projects. Investors increasingly prioritize Environmental, Social, and Governance (ESG) criteria, recognizing that sustainability is a moral imperative and a driver of long-term value creation.
Moreover, financial institutions are divesting from fossil fuel-intensive industries and redirecting resources toward renewable energy, energy storage, and other sustainable technologies. These shifts in capital allocation are creating a favorable environment for the growth of the decarbonization market.
The decarbonization market in North America is experiencing significant growth due to a strong regional focus on achieving ambitious climate goals. The oil & gas sector is central to decarbonization efforts in the United States. Recognizing the sector’s significant contribution to greenhouse gas emissions, the government has implemented stringent methane regulations and promoted carbon capture technologies. Programs like the Department of Energy’s Carbon Capture, Utilization, and Storage (CCUS) Initiative drive investments in capturing emissions from oil refineries and natural gas facilities.
Based on Deployment, the market is segmented into On-premises, and Cloud. Based on Technology, the market is segmented into Renewable Energy Technologies, Energy Efficiency Solutions, Electric Vehicles (EVs), Carbon Removal Technologies, and Carbon Capture and Storage (CCS). Based on Service, the market is segmented into Sustainable Transportation Services, Carbon Accounting and Reporting Services, and Waste Reduction and Circular Economy Services. Based on End-user, the market is segmented into Oil & Gas, Energy & Utility, Automotive & Transportation, Agriculture, Aerospace & Defense, Government, and Other End-user. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By Deployment
The US market dominated the North America Decarbonization Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $949,459.8 million by 2031. The Canada market is experiencing a CAGR of 12.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12% during (2024 - 2031).
Financial markets are also playing a critical role in accelerating decarbonization. The rise of green finance, including green bonds and sustainability-linked loans, is channeling significant capital into low-carbon projects. Investors increasingly prioritize Environmental, Social, and Governance (ESG) criteria, recognizing that sustainability is a moral imperative and a driver of long-term value creation.
Moreover, financial institutions are divesting from fossil fuel-intensive industries and redirecting resources toward renewable energy, energy storage, and other sustainable technologies. These shifts in capital allocation are creating a favorable environment for the growth of the decarbonization market.
The decarbonization market in North America is experiencing significant growth due to a strong regional focus on achieving ambitious climate goals. The oil & gas sector is central to decarbonization efforts in the United States. Recognizing the sector’s significant contribution to greenhouse gas emissions, the government has implemented stringent methane regulations and promoted carbon capture technologies. Programs like the Department of Energy’s Carbon Capture, Utilization, and Storage (CCUS) Initiative drive investments in capturing emissions from oil refineries and natural gas facilities.
Based on Deployment, the market is segmented into On-premises, and Cloud. Based on Technology, the market is segmented into Renewable Energy Technologies, Energy Efficiency Solutions, Electric Vehicles (EVs), Carbon Removal Technologies, and Carbon Capture and Storage (CCS). Based on Service, the market is segmented into Sustainable Transportation Services, Carbon Accounting and Reporting Services, and Waste Reduction and Circular Economy Services. Based on End-user, the market is segmented into Oil & Gas, Energy & Utility, Automotive & Transportation, Agriculture, Aerospace & Defense, Government, and Other End-user. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- Accenture PLC
- Siemens AG
- SAP SE
- Tesla, Inc.
- Shell plc
- Schneider Electric SE
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- BASF SE
By Deployment
- On-premises
- Cloud
- Renewable Energy Technologies
- Energy Efficiency Solutions
- Electric Vehicles (EVs)
- Carbon Removal Technologies
- Carbon Capture and Storage (CCS)
- Sustainable Transportation Services
- Carbon Accounting and Reporting Services
- Waste Reduction and Circular Economy Services
- Oil & Gas
- Energy & Utility
- Automotive & Transportation
- Agriculture
- Aerospace & Defense
- Government
- Other End-user
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
152 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Decarbonization Market, by Deployment
- 1.4.2 North America Decarbonization Market, by Technology
- 1.4.3 North America Decarbonization Market, by Service
- 1.4.4 North America Decarbonization Market, by End-user
- 1.4.5 North America Decarbonization Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jun – 2024, Sep) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Decarbonization Market by Deployment
- 5.1 North America On-premises Market by Region
- 5.2 North America Cloud Market by Region
- Chapter 6. North America Decarbonization Market by Technology
- 6.1 North America Renewable Energy Technologies Market by Country
- 6.2 North America Energy Efficiency Solutions Market by Country
- 6.3 North America Electric Vehicles (EVs) Market by Country
- 6.4 North America Carbon Removal Technologies Market by Country
- 6.5 North America Carbon Capture and Storage (CCS) Market by Country
- Chapter 7. North America Decarbonization Market by Service
- 7.1 North America Sustainable Transportation Services Market by Country
- 7.2 North America Carbon Accounting and Reporting Services Market by Country
- 7.3 North America Waste Reduction and Circular Economy Services Market by Country
- Chapter 8. North America Decarbonization Market by End-user
- 8.1 North America Oil & Gas Market by Country
- 8.2 North America Energy & Utility Market by Country
- 8.3 North America Automotive & Transportation Market by Country
- 8.4 North America Agriculture Market by Country
- 8.5 North America Aerospace & Defense Market by Country
- 8.6 North America Government Market by Country
- 8.7 North America Other End-user Market by Country
- Chapter 9. North America Decarbonization Market by Country
- 9.1 US Decarbonization Market
- 9.1.1 US Decarbonization Market by Deployment
- 9.1.2 US Decarbonization Market by Technology
- 9.1.3 US Decarbonization Market by Service
- 9.1.4 US Decarbonization Market by End-user
- 9.2 Canada Decarbonization Market
- 9.2.1 Canada Decarbonization Market by Deployment
- 9.2.2 Canada Decarbonization Market by Technology
- 9.2.3 Canada Decarbonization Market by Service
- 9.2.4 Canada Decarbonization Market by End-user
- 9.3 Mexico Decarbonization Market
- 9.3.1 Mexico Decarbonization Market by Deployment
- 9.3.2 Mexico Decarbonization Market by Technology
- 9.3.3 Mexico Decarbonization Market by Service
- 9.3.4 Mexico Decarbonization Market by End-user
- 9.4 Rest of North America Decarbonization Market
- 9.4.1 Rest of North America Decarbonization Market by Deployment
- 9.4.2 Rest of North America Decarbonization Market by Technology
- 9.4.3 Rest of North America Decarbonization Market by Service
- 9.4.4 Rest of North America Decarbonization Market by End-user
- Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Product Launches and Product Expansions:
- 10.1.5.3 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Accenture PLC
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Siemens AG
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Product Launches and Product Expansions:
- 10.3.5.2 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 SAP SE
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Tesla, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Shell plc
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.6 SWOT Analysis
- 10.7 Schneider Electric SE
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.6 SWOT Analysis
- 10.8 Google LLC (Alphabet Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 SWOT Analysis
- 10.9 Microsoft Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 SWOT Analysis
- 10.10. BASF SE
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 SWOT Analysis
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