Europe Atmospheric Governance Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.8 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The European Union (EU) has established a comprehensive framework for atmospheric governance, primarily through its Emissions Trading System (ETS). This market-based approach aims to reduce greenhouse gas emissions by setting a cap on total emissions and allowing industries to trade allowances. The EU ETS operates on a cap-and-trade model, where each allowance permits the holder to emit one ton of COâ‚‚. Over the years, the system has undergone several phases, with the current period (2021-2030) aiming for a 43% reduction in emissions compared to 2005 levels. The annual reduction factor has been increased to 2.2% to achieve this target. citeturn0search16
Industries across Europe are subject to the EU ETS, which covers sectors such as power generation, manufacturing, and aviation. The system incentivizes companies to innovate and invest in cleaner technologies to reduce their carbon footprint. However, the effectiveness of the ETS is influenced by various factors, including market stability and the risk of carbon leakage, where businesses might relocate to countries with less stringent emissions regulations. To address these concerns, the EU has implemented measures like the Market Stability Reserve (MSR) to adjust the supply of allowances and maintain market balance. citeturn0search16
In addition to the EU ETS, other market-based measures, such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), play a role in atmospheric governance. CORSIA aims to offset emissions from international flights by investing in emission reduction projects outside the aviation sector. As of 2025, 129 out of 193 International Civil Aviation Organization (ICAO) states have volunteered to participate in CORSIA, highlighting the global commitment to addressing aviation-related emissions. citeturn0search1
The demand for sustainability advisory services has surged in response to the increasing complexity of environmental regulations. Companies are seeking expert guidance to navigate the evolving landscape of ESG (Environmental, Social, and Governance) requirements, aiming to ensure compliance and enhance their sustainability performance. This trend is expected to continue, with a projected 6% rise in sustainability consultancy spending in 2024. citeturn0news14
Recent policy developments, such as the EU's "Clean Industrial Deal," demonstrate a commitment to supporting high-emission industries in their transition to net-zero emissions. The plan includes measures like boosting clean tech companies, reducing energy bills, and relaxing environmental reporting requirements for small and medium-sized enterprises. These initiatives underscore the EU's dedication to balancing industrial competitiveness with environmental sustainability. citeturn0news13
In summary, Europe's approach to atmospheric governance combines regulatory frameworks like the EU ETS and CORSIA with market-based measures and policy initiatives. This multifaceted strategy reflects a commitment to reducing emissions while supporting industrial innovation and competitiveness. As environmental regulations continue to evolve, industries must stay informed and adapt to maintain compliance and contribute to global sustainability goals.
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Esseco UK
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Hitachi Zosen Inova
KAEFER IsoLogics
Fujian Longking
Datang Environment Industry Group
Beijing SPC Environment Protection Tech
SPIC Yuanda ENVIRONMENTAL-PROTECTION Engineering
Zhejiang Tuna Environmental Science & Technology
Wuxi Xuelang Environmental Technology
Luoyang Jalon Micro-Nano New Materials
Beijing Xuedilong Environmental Technology
Qingdao Guolin Technology Group
Zhejiang Feida Enviromental Science & Technology
Beijing Boqi Electric POWER Science & Technology
Top Resource Conservation & Environment
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Atmospheric Governance Market
Government Institutions
Corporate Organizations
Non-Governmental Organizations (NGOs)
Educational Institutions
Healthcare Facilities
On-Premises
Cloud-Based
Artificial Intelligence
Internet of Things (IoT)
Big Data Analytics
Blockchain Technology
Compliance Management
Risk Management
Performance Management
Reporting and Analytics
Public Sector
Financial Services
Telecommunications
Energy and Utilities
Manufacturing
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Atmospheric Governance Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Atmospheric Governance Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Atmospheric Governance Market, By Type
6. Europe Atmospheric Governance Market, By Application
7. Europe Atmospheric Governance Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Atmospheric Governance Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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