The Sustainable Infrastructure Market Size was valued at USD 48.2 Bn in 2023 and is predicted to reach USD 223.2 Bn by 2031 at a 21.3% CAGR during the forecast period for 2024-2031.
Sustainable infrastructure aims to benefit society, the economy, and the environment over the long run. It can include devices and infrastructure like telephone poles, bridges, roads, and hydroelectric power plants. Achieving the Sustainable Development Goals (SDGs) and global climate targets can be facilitated by sustainable infrastructure. The main motivators are strict environmental laws and initiatives to lower carbon emissions and support renewable energy sources. All around the world, governments are putting laws into place that require the use of sustainable technologies and practices. Additionally, as energy costs rise, there is an increasing need in the commercial, industrial, and residential sectors for energy-efficient solutions. The proliferation of technology like energy management systems, smart meters, and high-efficiency appliances fuels this demand.
In addition, the market for sustainable infrastructure is significantly influenced by the pressing need to combat climate change. People, companies, and governments are realizing increasingly how crucial it is to embrace sustainable practices and cut back on greenhouse gas emissions. Public knowledge and activism for environmental preservation and sustainability are influencing policy decisions and consumer behavior, which is increasing support for sustainable infrastructure initiatives.
The sustainable infrastructure market is segmented based on type and application. The market is segmented based on type: renewable energy, energy efficiency, sustainable transportation, water and waste management, and others. The renewable energy segment is divided into solar, wind, hydropower, geothermal, and bioenergy. Energy efficiency includes building energy management systems, industrial efficiency solutions, smart grids, and energy storage solutions. The sustainable transportation segment is sub-segmented into electric vehicles (EVs), public transit systems, bicycling and walking infrastructure, and alternative fuels. The water and Waste Management segment is divided into water treatment systems, wastewater management systems, solid waste management solutions, and stormwater management systems. The market is segmented by application into residential, commercial, industrial, and others.
The renewable energy segment is expected to hold a major global market share in 2023. A wide range of energy sources, including biomass, geothermal, hydro, solar, and wind, are included in renewable energy, which provides long-term substitutes for conventional fossil fuels. The rising adoption of renewable energy sources due to environmental concerns, pro-green policies, and the desire for energy security are some of the emerging trends in the renewable energy sector. Other trends include the ongoing decline in the cost of solar and wind technologies. Significant technological advancements have also improved energy conversion efficiencies.
In residential applications, sustainable infrastructure is primarily concerned with eco-friendly building materials, rooftop solar power systems, and energy-efficient dwellings. The increasing use of solar panels for domestic energy generation, the incorporation of green building methods to lessen environmental effects, and the acceptance of smart home technologies for energy management are some trends.
The North American sustainable infrastructure market is expected to register the highest market share in revenue in the near future. Governments, corporations, and organizations in North America are spending more and more on sustainable infrastructure projects to meet regulatory obligations, address environmental concerns, and reap long-term economic and social advantages. Additionally, smart grids, incorporating renewable energy, and intelligent transportation systems are emerging as essential elements of local infrastructure. Investments and efforts are driving a greater emphasis on environmental sustainability and resilience in infrastructure systems. In addition, Asia Pacific is projected to increase in the global sustainable infrastructure market. Sustainable infrastructure trends in the Asia-Pacific area include a sharp increase in the use of renewable energy, especially in nations like China and India that have made significant investments in wind and solar power projects. Smart city projects are changing urban environments to improve sustainability and efficiency by utilizing IoT and AI technologies.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 48.2 Bn |
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Revenue Forecast In 2031 |
USD 223.2 Bn |
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Growth Rate CAGR |
CAGR of 21.3% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, By Application and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Siemens AG, ABB Ltd., Iberdrola S.A., General Electric Company (GE), Schneider Electric SE, Vestas Wind Systems A/S, Johnson Controls International plc, Brookfield Renewable Partners L.P., NextEra Energy Inc., Enel S.p.A., Orsted A/S, SunPower Corporation, First Solar Inc., Tesla Inc., ENGIE S.A., and others. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Sustainable Infrastructure Market Snapshot
Chapter 4. Global Sustainable Infrastructure Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis
5.1. By Type & Market Share, 2023 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Type:
5.2.1. Renewable Energy
5.2.1.1. Solar Power
5.2.1.2. Wind Power
5.2.1.3. Hydropower
5.2.1.4. Geothermal Energy
5.2.1.5. Bioenergy
5.2.2. Energy Efficiency
5.2.2.1. Building Energy Management Systems
5.2.2.2. Industrial Efficiency Solutions
5.2.2.3. Smart Grids
5.2.2.4. Energy Storage Solutions
5.2.3. Sustainable Transportation
5.2.3.1. Electric Vehicles (EVs)
5.2.3.2. Public Transit Systems
5.2.3.3. Bicycling and Walking Infrastructure
5.2.3.4. Alternative Fuels
5.2.4. Water and Waste Management
5.2.4.1. Water Treatment Systems
5.2.4.2. Wastewater Management Systems
5.2.4.3. Solid Waste Management Solutions
5.2.4.4. Stormwater Management Systems
5.2.5. Others
Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis
6.1. By Application & Market Share, 2023 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Application:
6.2.1. Residential
6.2.2. Commercial
6.2.3. Industrial
6.2.4. Others
Chapter 7. Sustainable Infrastructure Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.1.2. North America Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.1.3. North America Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.2. Europe
7.2.1. Europe Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.2.2. Europe Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.2.3. Europe Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.3.2. Asia Pacific Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.3.3. Asia Pacific Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.4. Latin America
7.4.1. Asia Pacific Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.4.2. Latin America Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.4.3. Latin America Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Type, 2024-2031
7.5.2. Middle East & Africa Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
7.5.3. Middle East & Africa Sustainable Infrastructure Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Siemens AG
8.2.2. General Electric Company (GE)
8.2.3. Schneider Electric SE
8.2.4. ABB Ltd.
8.2.5. Iberdrola S.A.
8.2.6. Enel S.p.A.
8.2.7. Orsted A/S
8.2.8. Vestas Wind Systems A/S
8.2.9. NextEra Energy Inc.
8.2.10. SunPower Corporation
8.2.11. First Solar Inc.
8.2.12. Tesla Inc.
8.2.13. Johnson Controls International plc
8.2.14. Brookfield Renewable Partners L.P.
8.2.15. ENGIE S.A.
8.2.16. Other Prominent Players
Sustainable Infrastructure Market- By Type
Sustainable Infrastructure Market- By Application
Sustainable Infrastructure Market- By Region
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
