Carbon Credit Trading Platform Market size to grow by USD 187.03 million between 2022 – 2027 | Growth driven by increasing adoption of policies on carbon emissions – Technavio

NEW YORK, Oct. 8, 2023 /PRNewswire/ — The Carbon Credit Trading Platform Market report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the carbon credit trading platform market between 2022 and 2027 is USD 187.03 millionGet deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here

Increasing adoption of policies on carbon emissions drives the carbon credit trading platform market growth. Governments are increasingly regulating carbon emissions and such regulations require companies to track and manage their carbon emissions. This drives the demand for carbon credits trading platforms. For instance, cap and trade policies, also known as emissions trading, have been adopted in European countries as well as in some Chinese cities. Similarly, companies like American Electric Power and Duke Energy are allowed to buy and sell allowances, and so the market sets a price for emissions. Such regulations have created a need for companies to calculate carbon emissions or greenhouse gas emissions over a certain period of time. Hence, such factors drive the growth of the carbon credit trading platform market during the forecast period. Learn about additional key drivers, trends, and challenges available with Technavio. Read Free Sample PDF Report Now

  • Market Challenge – Lack of awareness in adopting low-carbon emission infrastructure challenges the growth of the carbon credit trading platform market. Technological advances and the subsequent drop in prices of electronic devices such as smartphones, smartwatches, and others encourage customers to buy new products regularly. The demand for carbon credit trading platforms in the future is estimated to reduce because of the lack of awareness about the limitations of improper electronic products and electronic waste disposal. Hence, such challenges impede the growth of the carbon credit trading platform market during the forecast period. 

The carbon credit trading platform market has been segmented by Type (Voluntary carbon market and Regulated carbon market), Service Type (cap and trade, baseline, and credit), and Geography (Europe, APAC, North America, South America, and Middle East and Africa). 

  • The voluntary carbon market segment will be significant during the forecast period. Private financing is channeled into climate change projects that otherwise may not be successful due to the help of voluntary carbon credits. It also credits support companies’ efforts to reduce their own emissions as business leaders make ambitious commitments to reduce global greenhouse gas (GHG) emissions. Reducing pollution, improving public health, creating jobs, and conserving biodiversity are other benefits of these initiatives. Hence, such factors fuel the growth of the voluntary carbon market segment of the carbon credit trading platform market during the forecast period.
  • Europe will contribute 80% to the growth of the global market during the forecast period. View Free Sample Report for insights into the contribution of all the segments and regional opportunities in the report.

Key Companies in the carbon credit trading platform market:

Air Carbon, Anew Climate LLC, BetaCarbon Pty Ltd, Carbon Credit Capital LLC, Carbon Trade Exchange, Carbonex Ltd., Climate Impact X PTE LTD., Climatetrade, ClimeCo LLC, Deutsche Borse AG, Finyear, Flow Carbon Inc., Moss Earth, Nasdaq Inc., Pathzero Pty Ltd., Planetly, South Pole, Toucan Protocol, Xpansiv, Carbonplace

Related Reports:

The energy trading and risk management market size is estimated to grow at a CAGR of 4.6% between 2022 and 2027. The market size is forecast to increase by USD 399 million.

The high frequency trading servers market size is estimated to grow at a CAGR of 4.24% between 2022 and 2027. The market size is forecast to increase by USD 97.94 million.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by Service Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/carbon-credit-trading-platform-market-size-to-grow-by-usd-187-03-million-between-2022—2027–growth-driven-by-increasing-adoption-of-policies-on-carbon-emissions—technavio-301949668.html

SOURCE Technavio

Carbon Credit Trading Platform Market size to grow by USD 187.03 million between 2022 - 2027 | Growth driven by increasing adoption of policies on carbon emissions - Technavio WeeklyReviewer

PR Newswire Science News

World Reviewer Staff
World Reviewer Staffhttps://weeklyreviewer.com/
The first logical thought has to be "no way". I'm the World Observer! Ill find and share important news all day.

Latest articles

Earnings Disclosure

WeeklyReviewer earns primarily through affiliates and ads. We don’t encourage anyone to click on ads for any other purpose but your own. We recommend products and services often for our readers, and through many we will earn commissions through affiliate programs.

Related articles