Environmental technologies on course for dynamic growth
The global market for environmental technology and resource efficiency will more than double in size by 2025 and German providers are playing a prominent role in this dynamic development. "GreenTech made in Germany 3.0" is the third environmental technology atlas to be produced by Roland Berger Strategy Consultants on behalf of the Federal Environment Ministry, following the 2007 and 2009 editions, and was presented in Berlin today by Federal Environment Minister Peter Altmaier.
Peter Altmaier: "The new GreenTech Atlas makes it vividly clear that the old, incorrect view of a conflict between the environment and the economy is thoroughly outdated. In the foreseeable future, green technologies will account for one fifth of Germany's gross domestic product. This ongoing success story is due in particular to the innovative strength and strong position of small and medium-sized enterprises in Germany when it comes to environmental technology and resource efficiency."
The share of environmental technologies in German GDP is anticipated to rise from 11 percent in 2011 to over 20 percent by 2025. Globally, environmental technologies accounted for a volume of 2,044 billion euros in 2011, with this figure expected to more than double to over 4,400 billion euros by 2025. This puts forecasted annual growth at over 5 percent. German companies are well positioned on the world market and will be able to retain their current global market share of environmental technologies, averaging 15 percent, up to 2025.
Around 90 percent of green tech companies are small and medium-sized enterprises (SMEs), making them the key players in the industry. The sector's growth course is also bearing fruit on the labour market, with the study's authors predicting the creation of one million additional jobs by 2025.
In the coming decades the megatrends of demographic development, increasing industrialisation of emerging nations, scarcity of resources and climate change will shape social, political and economic conditions throughout the world. They are the key growth drivers for the green markets of the future and for the necessary development of a green economy.
GreenTech Atlas 3.0 identifies six lead markets for environmental technologies:
- Energy efficiency,
- Sustainable water management,
- Environmentally-friendly power generation and storage,
- Sustainable mobility,
- Material efficiency and
- Waste management and recycling.
GreenTech Atlas 3.0 is being released as a CD and, in addition to an analysis of environmental technology markets, contains a company database with some 2,000 data records of German green tech companies. This database can be searched for providers of environmental technologies, innovations and services. The CD is available in German and in English.