Environmental Technology Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. Segmented By Technology, By Components, By Application, By Vertical, By Region & Competition, 2021-2031F

Description

The Global Environmental Technology Services Market is projected to expand from USD 612.42 Billion in 2025 to USD 906.27 Billion by 2031, registering a CAGR of 6.75%. This market encompasses professional consulting, engineering, and remediation solutions aimed at managing pollution, facilitating waste treatment, and ensuring regulatory compliance for industrial operations. The growth of the sector is primarily underpinned by the strict enforcement of international environmental mandates and the critical industrial necessity to decarbonize supply chains. These drivers function as foundational elements rather than temporary trends, representing structural legal requirements rather than optional operational enhancements.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 612.42 Billion
Market Size 2031	USD 906.27 Billion
CAGR 2026-2031	6.75%
Fastest Growing Segment	Services
Largest Market	North America

Activity within this sector remains robust as industries work to align with global sustainability goals. For instance, SolarPower Europe reported that the global solar power market added 597 gigawatts of new capacity in 2024, a figure that illustrates the immense scale of infrastructure deployment requiring extensive technical service support. However, a significant obstacle to broader market expansion is the high capital intensity needed for advanced technology implementation, which creates substantial entry barriers for enterprises operating in capital-constrained developing economies.

Market Driver

The urgent global necessity for climate change mitigation and the pursuit of carbon neutrality strategies have become primary catalysts for the environmental technology services sector. As nations and corporations pledge to meet Net Zero targets, there is an accelerated demand for technical consultancy focused on carbon capture, utilization, and storage, as well as energy transition planning. This shift necessitates complex engineering and advisory services to overhaul legacy industrial systems and align them with international protocols. According to the International Energy Agency's 'World Energy Investment 2024' report released in June 2024, global investment in clean energy technologies is projected to reach USD 2 trillion in 2024, doubling the amount spent on fossil fuels and directly fueling the engagement of environmental service firms to manage these large-scale decarbonization projects.

Simultaneously, escalating water scarcity and the critical need for advanced wastewater treatment solutions are reshaping market priorities. Industries are increasingly depending on closed-loop water systems and zero-liquid discharge technologies to reduce operational risks associated with diminishing freshwater supplies, compelling facilities to contract specialized services for filtration infrastructure design and maintenance. This pressure is highlighted by the UNESCO 'United Nations World Water Development Report 2024' from March 2024, which notes that roughly 50 percent of the global population faces severe water scarcity for at least part of the year. The sustained demand is further evidenced by Tetra Tech, which announced record revenue of $1.3 billion for its third fiscal quarter in 2024, a performance largely driven by the expansion of its water and environmental programs.

Market Challenge

The substantial capital intensity required for implementing advanced technology presents a significant barrier to the expansion of the Global Environmental Technology Services Market. Deploying critical remediation systems, industrial wastewater treatment plants, and decarbonization infrastructure requires massive upfront capital expenditure (CAPEX) that is difficult for many enterprises, particularly in developing economies, to absorb. Unlike operational expenses that are spread over time, these initial costs create a steep financial threshold that restricts market participation to large, well-capitalized multinational corporations, effectively excluding smaller industrial players and municipalities in emerging markets where environmental degradation is often most acute.

This financial disparity is highlighted by the widening gap between infrastructure needs and available funding. According to the Water Environment Federation, the annual capital investment gap for water infrastructure in the United States alone was estimated at $91 billion in 2024. This figure underscores the severity of the funding shortage even in developed nations, suggesting that the investment deficit is likely far more profound in capital-constrained developing regions. Such a significant shortfall directly hampers the adoption of necessary environmental services, forcing industries to defer critical upgrades and limiting the overall addressable market for technology service providers.

Market Trends

The integration of Artificial Intelligence and IoT-enabled monitoring is fundamentally shifting environmental services from reactive compliance to predictive infrastructure management. Service providers are increasingly utilizing digital twins and machine learning algorithms to optimize treatment facility performance, reduce energy consumption, and anticipate equipment failures before they result in regulatory breaches. This technological layer enables real-time remote oversight of dispersed assets, offering industrial clients operational efficiency alongside environmental stewardship. The financial success of this digital shift is evident in the performance of market leaders like Xylem Inc., which reported full-year revenue of $8.6 billion in its 'Fourth Quarter and Full Year 2024 Results' in February 2025, attributing growth to its digital portfolio and AI-enabled platforms.

Concurrently, the market is experiencing a structural transition toward circular economy models, where the focus shifts from waste treatment to valuable resource recovery. Environmental engineering firms are now tasked with designing closed-loop systems that recover critical minerals, plastics, and energy from industrial byproducts, effectively converting waste streams into revenue-generating supply chain inputs. This trend is particularly accelerated by the booming demand for battery materials and the need to secure domestic supply chains for critical raw materials. This pivot towards resource reclamation is generating tangible financial growth, as demonstrated by Li-Cycle Holdings Corp., which reported a 53 percent year-over-year revenue increase to $28.0 million in its 'Full Year 2024 Financial Results' in March 2025, driven by the scaling of its battery recycling and resource recovery services.

Key Market Players

Lennox International Inc
Teledyne Technologies Incorporated
Waste Connections, Inc
TotalEnergies SE
Covanta Holding Corporation
Waste Connections, Inc
GEM Enviro Management Private Limited
VITAL WASTE LTD
Exxon Mobil Corporation
BP Plc.

Report Scope

In this report, the Global Environmental Technology Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Environmental Technology Services Market, By Technology

IoT
Artificial Intelligence
Cloud Computing
Blockchain

Environmental Technology Services Market, By Components

Services
Solutions

Environmental Technology Services Market, By Application

Air & Water Pollution Monitoring
Water Purification
Crop Monitoring
Carbon Footprint
Waste Management
Others

Environmental Technology Services Market, By Vertical

Residential
Municipal
Industrial

Environmental Technology Services Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Environmental Technology Services Market.

Available Customizations:

Global Environmental Technology Services Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Environmental Technology Services Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Technology (IoT, Artificial Intelligence, Cloud Computing, Blockchain)
- 5.2.2. By Components (Services, Solutions)
- 5.2.3. By Application (Air & Water Pollution Monitoring, Water Purification, Crop Monitoring, Carbon Footprint, Waste Management, Others)
- 5.2.4. By Vertical (Residential, Municipal, Industrial)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Environmental Technology Services Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Technology
- 6.2.2. By Components
- 6.2.3. By Application
- 6.2.4. By Vertical
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Environmental Technology Services Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Technology
    - 6.3.1.2.2. By Components
    - 6.3.1.2.3. By Application
    - 6.3.1.2.4. By Vertical
- 6.3.2. Canada Environmental Technology Services Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Technology
    - 6.3.2.2.2. By Components
    - 6.3.2.2.3. By Application
    - 6.3.2.2.4. By Vertical
- 6.3.3. Mexico Environmental Technology Services Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Technology
    - 6.3.3.2.2. By Components
    - 6.3.3.2.3. By Application
    - 6.3.3.2.4. By Vertical

7. Europe Environmental Technology Services Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Components
- 7.2.3. By Application
- 7.2.4. By Vertical
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Environmental Technology Services Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Technology
    - 7.3.1.2.2. By Components
    - 7.3.1.2.3. By Application
    - 7.3.1.2.4. By Vertical
- 7.3.2. France Environmental Technology Services Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Technology
    - 7.3.2.2.2. By Components
    - 7.3.2.2.3. By Application
    - 7.3.2.2.4. By Vertical
- 7.3.3. United Kingdom Environmental Technology Services Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Technology
    - 7.3.3.2.2. By Components
    - 7.3.3.2.3. By Application
    - 7.3.3.2.4. By Vertical
- 7.3.4. Italy Environmental Technology Services Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Technology
    - 7.3.4.2.2. By Components
    - 7.3.4.2.3. By Application
    - 7.3.4.2.4. By Vertical
- 7.3.5. Spain Environmental Technology Services Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Technology
    - 7.3.5.2.2. By Components
    - 7.3.5.2.3. By Application
    - 7.3.5.2.4. By Vertical

8. Asia Pacific Environmental Technology Services Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Components
- 8.2.3. By Application
- 8.2.4. By Vertical
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Environmental Technology Services Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Technology
    - 8.3.1.2.2. By Components
    - 8.3.1.2.3. By Application
    - 8.3.1.2.4. By Vertical
- 8.3.2. India Environmental Technology Services Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Technology
    - 8.3.2.2.2. By Components
    - 8.3.2.2.3. By Application
    - 8.3.2.2.4. By Vertical
- 8.3.3. Japan Environmental Technology Services Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Technology
    - 8.3.3.2.2. By Components
    - 8.3.3.2.3. By Application
    - 8.3.3.2.4. By Vertical
- 8.3.4. South Korea Environmental Technology Services Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Technology
    - 8.3.4.2.2. By Components
    - 8.3.4.2.3. By Application
    - 8.3.4.2.4. By Vertical
- 8.3.5. Australia Environmental Technology Services Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Technology
    - 8.3.5.2.2. By Components
    - 8.3.5.2.3. By Application
    - 8.3.5.2.4. By Vertical

9. Middle East & Africa Environmental Technology Services Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Technology
- 9.2.2. By Components
- 9.2.3. By Application
- 9.2.4. By Vertical
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Environmental Technology Services Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Technology
    - 9.3.1.2.2. By Components
    - 9.3.1.2.3. By Application
    - 9.3.1.2.4. By Vertical
- 9.3.2. UAE Environmental Technology Services Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Technology
    - 9.3.2.2.2. By Components
    - 9.3.2.2.3. By Application
    - 9.3.2.2.4. By Vertical
- 9.3.3. South Africa Environmental Technology Services Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Technology
    - 9.3.3.2.2. By Components
    - 9.3.3.2.3. By Application
    - 9.3.3.2.4. By Vertical

10. South America Environmental Technology Services Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Components
- 10.2.3. By Application
- 10.2.4. By Vertical
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Environmental Technology Services Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Technology
    - 10.3.1.2.2. By Components
    - 10.3.1.2.3. By Application
    - 10.3.1.2.4. By Vertical
- 10.3.2. Colombia Environmental Technology Services Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Technology
    - 10.3.2.2.2. By Components
    - 10.3.2.2.3. By Application
    - 10.3.2.2.4. By Vertical
- 10.3.3. Argentina Environmental Technology Services Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Technology
    - 10.3.3.2.2. By Components
    - 10.3.3.2.3. By Application
    - 10.3.3.2.4. By Vertical

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Environmental Technology Services Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Lennox International Inc
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Teledyne Technologies Incorporated
15.3. Waste Connections, Inc
15.4. TotalEnergies SE
15.5. Covanta Holding Corporation
15.6. Waste Connections, Inc
15.7. GEM Enviro Management Private Limited
15.8. VITAL WASTE LTD
15.9. Exxon Mobil Corporation
15.10. BP Plc.