India Decarbonization Market Size & Outlook, 2023-2030

The decarbonization market in India is expected to reach a projected revenue of US$ 177,596.3 million by 2030. A compound annual growth rate of 15.9% is expected of India decarbonization market from 2024 to 2030.
Revenue, 2023 (US$M)
$63,033.1
Forecast, 2030 (US$M)
$177,596.3
CAGR, 2024 - 2030
15.9%
Report Coverage
India

India decarbonization market highlights

  • The India decarbonization market generated a revenue of USD 63,033.1 million in 2023 and is expected to reach USD 177,596.3 million by 2030.
  • The India market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
  • In terms of segment, sustainable transportation services was the largest revenue generating service in 2023.
  • Sustainable Transportation Services is the most lucrative service segment registering the fastest growth during the forecast period.


Decarbonization market data book summary

Market revenue in 2023USD 63,033.1 million
Market revenue in 2030USD 177,596.3 million
Growth rate15.9% (CAGR from 2023 to 2030)
Largest segmentSustainable transportation services
Fastest growing segmentSustainable Transportation Services
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCarbon Accounting and Reporting services, Sustainable Transportation Services, Waste Reduction and Circular Economy Services
Key market players worldwideInternational Business Machines Corp, Atos SE, Accenture PLC Class A, Siemens AG, SAP SE, GE Vernova Inc, Dakota Software, EnergyCAP, IsoMetrix, Trinity Consultants, Deloitte


Other key industry trends

  • In terms of revenue, India accounted for 3.4% of the global decarbonization market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China decarbonization market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 112,719.8 million by 2030.

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Decarbonization Market Scope

Decarbonization market segmentation & scope
Carbon Accounting and Reporting services
Sustainable Transportation Services
Waste Reduction and Circular Economy Services
Renewable Energy Technologies
Energy Efficiency Solutions
Electric Vehicles (EVs)
Carbon Removal Technologies
Carbon Capture and Storage (CCS)
Cloud
On-premises
Oil & Gas
Energy and Utility
Agriculture
Government
Automotive & Transportation
Aerospace & Defense
Manufacturing

Decarbonization Market Companies

Name Profile # Employees HQ Website

India decarbonization market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to decarbonization market will help companies and investors design strategic landscapes.


Sustainable transportation services was the largest segment with a revenue share of 46.04% in 2023. Horizon Databook has segmented the India decarbonization market based on carbon accounting and reporting services, sustainable transportation services, waste reduction and circular economy services covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of decarbonization market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the India decarbonization market , including forecasts for subscribers. This country databook contains high-level insights into India decarbonization market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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India decarbonization market size, by service, 2017-2030 (US$M)

India Decarbonization Market Outlook Share, 2023 & 2030 (US$M)

India decarbonization market size, by service, 2017-2030 (US$M)

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