Clean Technology Market in Defense Industry: $500K Budget Allocation Expected by 2021

Jul 01, 2016, 08:30 ET from ReportsnReports

PUNE, India, July 1, 2016 /PRNewswire/ --

The report on clean technology market in defense industry says defense organizations are implementing clean technology measures such as energy efficiency in facilities, green buildings, waste management, recycling, and procurement of renewable energy to meet regulatory standards, lower environmental impact, and lower operating and maintenance expenses over the next five years. The majority of defense organizations expect very high or high impact of clean technologies on defense industry during 2016-2021 with demand for clean technologies in the defense industry exhibiting increase within North America and Western Europe during 2016-2021.

Complete report Clean Technology in Defense Industry - Emerging Trends and Outlook spread across 43 pages, analyzing 10 companies and provides 33 data figures is now available at http://www.reportsnreports.com/reports/606541-clean-technology-in-defense-industry-emerging-trends-and-outlook.html.

Overall, 40% of executives expect budget allocation for clean technology to remain within US$500,000 during 2016-2021 with Germany and the US offering significant prospects for renewable energy and waste management investments during the next five years. According to report "Clean Technology in Defense Industry - Emerging Trends and Outlook" ability to increase compliance with legislations and, enhance cost savings and operational efficiency will drive growth of clean technology during 2016-2021. The Defense organizations have either implemented or planning to implement digital and paperless products and transactions along with video conferencing for information sharing during 2016-2021. The highest percentage of executives from large and small companies foresees increase in demand for clean technologies within North America during 2016-2021.

Budget for clean technology is projected to increase by an average of 7.5% during 2016-2021. Defense organizations will favour clean power plan and clean air act used by governments to support clean technology. Difficulty in integrating clean technologies with existing systems, standards and processes is the major challenge for organizations in development of clean technologies.

Companies Mentioned: GKN plc, Rolls-Royce Limited, BAE Systems plc, Comtech Telecommunications Corp., Honeywell International Inc., Johnson Controls Government Systems LLC, Airbus Defence and Space, Apex Clean Energy Inc., EllisDon Corporation, Rafael Advanced Defense Systems Ltd. Order a Copy of Report at http://www.reportsnreports.com/purchase.aspx?name=606541.

Report Coverage 

Significant growth boosters for clean technology: examines key growth influencing factors for clean technology during 2016-2021. Status of organizational objectives: provides information about status of organizational focus areas targeted through clean technology implementation during 2016-2021. Implementation status of clean technology measures: analyzes adoption status of clean technology initiatives during 2016-2021. Major purposes for clean technology: identifies key applications areas for clean technology. Potential impact of clean technology on defense industry: tracks the expected level of clean technology effect on defense industry during 2016-2021. Demand outlook for clean technologies: examining projected change in customer demand for clean technologies within defense industry during 2016-2021. Cost saving targets: determine cost saving expectations resulting from clean technology initiatives during 2016-2021. Significant attributes for supplier engagement: identify key features for supplier engagement. Major challenges towards development of clean technologies: provides information about Major hurdles encountered in development of clean technologies

Major points from table of contents of Clean Technology in Defense Industry 2016 market research report covers:

Clean Technology: Impact levels, key drivers and Significant objectives: Growth drivers of clean technology during the next five years; Status of organizational objectives aimed through adoption of clean technology during 2016-2021; Adoption status of clean technology initiatives during 2016-2021; And more.

Clean Technology: Demand projection, key markets and budget outlook: Demand outlook for clean technologies in defense industry over the next five years; Investment outlook for renewable energy and waste management during 2016-2021; Budget projections towards clean technology during 2016-2021; And more.

Clean Technology: Supplier engagement and major challenges:  Carbon emission methodologies favoured by defense organizations for supporting clean technology; Significant attributes for supplier engagement; And more.

Explore other new reports on public sector market at http://www.reportsnreports.com/market-research/government/.

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