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Carbon Management Systems Market Size, Share & Growth 2031

Carbon Management Systems Market

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Segments - by Offerings (Software and Services), Applications (Energy, Air Quality Management, Greenhouse Gas Management, Sustainability, and Others), End Users (IT & Telecom, Healthcare, Manufacturing, Oil & Gas, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Report Description

Carbon Management Systems Market Outlook 2031

The global carbon management system market size was USD 11.45 Billion in 2022 and is projected to reach USD 31.75 Billion by 2031 expand at a significant CAGR 12% during the forecast period, 2023–2031. The growth of the market is attributed to the strict regulations and standard guidelines. In addition, strict compliance with carbon dioxide emissions regulations and increased government initiatives to reduce carbon dioxide emissions are driving the market.

Carbon management is a process of balancing environmental and business performance to maximize the company's operational efficiency and minimize the carbon footprint that ultimately leads to climate change. Carbon management system is used to measure or reduce carbon footprint and achieve company goals in accordance with government regulations.

Carbon dioxide management software supports organizations to implement and plan their carbon management strategies. The main problem faced by most organizations around the world is increasing greenhouse gas emissions caused by their activities.

This requires a huge effort to monitor, measure, and reduce emissions. Globally, the demand for carbon dioxide management software is increasing due to its direct benefits or positive impacts, such as improving operational efficiency, communicating business performance to stakeholders, differentiated operations, improving products and image, and cooperating.

Carbon Management Systems Market Trends, Drivers, Restraints, and Opportunities

Increasing adoption of carbon footprint management in transportation sector is expected to boost the market during the forecast period.
Rapid growth of the manufacturing industry is creating demand for carbon management systems as maximum carbon emission are from manufacturing sector.
Stringent regulation and policies due to demand in rapid decarbonization is anticipated to drive the market during the forecast period.
High investment required for restructuring the infrastructure for low emitting carbon plants is expected to hamper the market growth.
Lack of awareness about effects of carbon emission and technologies for limiting carbon emission act as major challenges that can restrict the market growth during the forecast period.
R&D investment and technological advancement in decarbonization methods is projected to offer significant opportunities for the market players.

Scope of The Carbon Management Systems Market Report

The report on the global carbon management system market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Carbon Management Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Offerings (Software and Services), Applications (Energy, Air Quality Management, Greenhouse Gas Management, Sustainability, and Others), and End Users (IT & Telecom, Healthcare, Manufacturing, Oil & Gas, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	SAP SE; ENGIE Impact; Simble Solutions Ltd.; Green Step Solutions Inc.; and IBM Corp.

Carbon Management Systems Market Segment Insights

The software segment is projected to represent a major market share

In terms of offerings, the carbon management system market is bifurcated into software and services. The software segment is expected to hold a key share of the market during the forecast period. Market participants face fierce competition, and carbon management is a strategy to maintain brand positioning this is due to various government initiatives aimed at maintaining environmental and corporate sustainability.

In addition, automation and digital transformation are driving the carbon dioxide management software market. Another key factor is that fierce market competition has promoted the growth of the carbon management software market, leading to a decline in the price of carbon management software.

The energy segment is expected to grow at a robust CAGR

Based on applications, the carbon management system market is segregated into energy, air quality management, greenhouse gas management, sustainability, and others. The energy segment is expected to represent a key share of the market during the forecast period owing to energy efficiency is a growing concern for private companies and government agencies worldwide.

Economic growth leads to high energy consumption and pushes the world's power grid to the limit. In addition, major countries have enacted regulations to improve energy efficiency. The development of events has forced companies to make decisions about energy efficiency. North America generates too much carbon, and its operating costs exceed 100 billion U.S. dollars per year.

On the other hand, the green house gas segment is anticipated to expand at a rapid pace during the forecast period owing to companies and governments use greenhouse gas management software to manage, quantify, and understand greenhouse gas emissions. The software is able to create effective and credible plans to deal with the effects of climate change on a global scale.

Increased global warming due to increased greenhouse gas emissions is the main driving force of the software on a global scale. Future work in the greenhouse gas management market is expected to include environmental impact, environmental hot spot detection, and climate change adaptation.

The oil & gas segment is anticipated to expand at a rapid pace

On the basis of end users, the carbon management system market is fragmented into IT & telecom, healthcare, manufacturing, oil & gas, and others. The oil and gas segment is expected to represent a key share of the market during the forecast period owing to hydrocarbons are one of the key economic factors driving globalization and industrial development.

Oil and natural gas segment accounts for more than 50% of the world's energy consumption although global energy consumption is under great pressure. Energy demand, especially for transportation, heating and cooling, is expected to continue to rise. Oil & gas companies are implementing carbon management systems to monitor carbon emissions in the form of green gas and manage energy use.

North America is anticipated to dominate the market

On the basis of regions, the carbon management system market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market during the forecast period. The carbon management system market in the region remains an important market as commercial, residential, and industrial customers continue to push them to adopt energy-saving measures.

The United States is currently the second largest electricity consumer after China. In addition, the introduction of the North American carbon management program is a key step in establishing airport carbon dioxide certification as a global standard for airport carbon dioxide management. The government's measures to reduce energy emissions from various old buildings and public buildings have also boosted market demand.

Segments

The global carbon management system market has been segmented on the basis of

Offerings

Software
Services

Applications

Energy
Air Quality Management
Greenhouse Gas Management
Sustainability
Others

End Users

IT & Telecom
Healthcare
Manufacturing
Oil & Gas
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

SAP SE
ENGIE Impact
Simble Solutions Ltd.
Green Step Solutions Inc.
IBM Corp.

Competitive Landscape

Key players competing in the carbon management system market include SAP SE; ENGIE Impact; Simble Solutions Ltd.; Green Step Solutions Inc.; and IBM Corp.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Carbon Management Systems Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Carbon Management Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Carbon Management Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Carbon Management Systems Market - Supply Chain
  4.5. Global Carbon Management Systems Market Forecast
     4.5.1. Carbon Management Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Carbon Management Systems Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Carbon Management Systems Market Absolute $ Opportunity
5. Global Carbon Management Systems Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Carbon Management Systems Market Size and Volume Forecast by Applications
     5.3.1. Energy
     5.3.2. Air Quality Management
     5.3.3. Greenhouse Gas Management
     5.3.4. Sustainability
     5.3.5. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Carbon Management Systems Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Carbon Management Systems Market Size and Volume Forecast by End Users
     6.3.1. IT & Telecom
     6.3.2. Healthcare
     6.3.3. Manufacturing
     6.3.4. Oil & Gas
     6.3.5. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Carbon Management Systems Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Carbon Management Systems Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Carbon Management Systems Demand Share Forecast, 2019-2026
8. North America Carbon Management Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Carbon Management Systems Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Carbon Management Systems Market Size and Volume Forecast by Applications
     8.4.1. Energy
     8.4.2. Air Quality Management
     8.4.3. Greenhouse Gas Management
     8.4.4. Sustainability
     8.4.5. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Carbon Management Systems Market Size and Volume Forecast by End Users
     8.7.1. IT & Telecom
     8.7.2. Healthcare
     8.7.3. Manufacturing
     8.7.4. Oil & Gas
     8.7.5. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Carbon Management Systems Demand Share Forecast, 2019-2026
9. Latin America Carbon Management Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Carbon Management Systems Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Carbon Management Systems Market Size and Volume Forecast by Applications
     9.4.1. Energy
     9.4.2. Air Quality Management
     9.4.3. Greenhouse Gas Management
     9.4.4. Sustainability
     9.4.5. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Carbon Management Systems Market Size and Volume Forecast by End Users
     9.7.1. IT & Telecom
     9.7.2. Healthcare
     9.7.3. Manufacturing
     9.7.4. Oil & Gas
     9.7.5. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Carbon Management Systems Demand Share Forecast, 2019-2026
10. Europe Carbon Management Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Carbon Management Systems Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Carbon Management Systems Market Size and Volume Forecast by Applications
     10.4.1. Energy
     10.4.2. Air Quality Management
     10.4.3. Greenhouse Gas Management
     10.4.4. Sustainability
     10.4.5. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Carbon Management Systems Market Size and Volume Forecast by End Users
     10.7.1. IT & Telecom
     10.7.2. Healthcare
     10.7.3. Manufacturing
     10.7.4. Oil & Gas
     10.7.5. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Carbon Management Systems Demand Share Forecast, 2019-2026
11. Asia Pacific Carbon Management Systems Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Carbon Management Systems Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Carbon Management Systems Market Size and Volume Forecast by Applications
     11.4.1. Energy
     11.4.2. Air Quality Management
     11.4.3. Greenhouse Gas Management
     11.4.4. Sustainability
     11.4.5. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Carbon Management Systems Market Size and Volume Forecast by End Users
     11.7.1. IT & Telecom
     11.7.2. Healthcare
     11.7.3. Manufacturing
     11.7.4. Oil & Gas
     11.7.5. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Carbon Management Systems Demand Share Forecast, 2019-2026
12. Middle East & Africa Carbon Management Systems Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Carbon Management Systems Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Carbon Management Systems Market Size and Volume Forecast by Applications
     12.4.1. Energy
     12.4.2. Air Quality Management
     12.4.3. Greenhouse Gas Management
     12.4.4. Sustainability
     12.4.5. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Carbon Management Systems Market Size and Volume Forecast by End Users
     12.7.1. IT & Telecom
     12.7.2. Healthcare
     12.7.3. Manufacturing
     12.7.4. Oil & Gas
     12.7.5. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Carbon Management Systems Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Carbon Management Systems Market: Market Share Analysis
  13.2. Carbon Management Systems Distributors and Customers
  13.3. Carbon Management Systems Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. SAP SE
     13.4.2. ENGIE Impact
     13.4.3. Simble Solutions Ltd.
     13.4.4. Green Step Solutions Inc.
     13.4.5. IBM Corp.

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