Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Climate Resilient Technologies Market size was over USD 20.22 billion in 2024 and is poised to exceed USD 179.71 billion by 2037, witnessing over 18.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of climate resilient technologies is estimated at USD 23.18 billion.
The surge in carbon dioxide emissions has boosted demand for better and more efficient climate-resilient technologies and products across all major industries, such as automotive, agriculture, healthcare, and many others. In addition, using carbon capture technologies and the transition to renewable energy sources can help combat or moderate the increase in CO2 emissions. As per the data reported by the World Bank, nearly 4.5 metric tons of per capita carbon emissions were recorded in the year 2018 across the globe.
In addition to these, factors that are believed to fuel the market growth of climate resilient technologies include the increasing government initiatives. For instance, in June 2022, the Government of Canada announced funds for climate-resilient infrastructure initiatives, since extreme weather events such as high winds, floods, and heatwaves are becoming more frequent in the country, impacting the infrastructure. In addition, the Standards Council of Canada announced funding of USD 46.7 million for two important climate resilience initiatives namely the Climate Resilient Built Environment initiative (with funding of USD 35 million over five years) and the standards to support resilience in infrastructure program (with funding of USD 11.7 million over five years).
