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People & Business :: Energy and Feedstocks
Green Technology Markets to Increase 9%/yr through 2015
9:12 AM MDT | August 4, 2011 | Alex Scott
Global sales of green technologies including insulation, power, hybrid vehicles and waste-to-energy are set to grow at an annual compound growth rate (CAGR) of 9.2% for the next four years rising to $312 billion in 2015. Currently the market is worth about $200 billion. The findings are part of a study by BBC Research (Wellesley, MA), a market research group. The global market for green technologies can be broken down by technology into nine segments, BCC says; combined heat and power; biomass; ground-source heat pumps; hybrid vehicles; insulation...
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