PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1499640
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1499640
Energy and Water Resilience Will Drive Industry Growth
This research service provides a snapshot of the defense environmental sustainability industry in the United States. It categorizes the industry into four segments:
1. Environmental restoration
2. Environmental compliance
3. Environmental conservation
4. Environmental technology
The study highlights the spending trends of fiscal year (FY) 2023 to FY2025 and examines the FY2025 national defense budget request to identify funding opportunities for environmental programs and concerned Department of Defense (DoD) agencies. It assesses the defense environmental sustainability contracts awarded in the calendar year (CY) 2023 to:
1. Identify industry drivers and restraints
2. Examine the competitive landscape and highlight top industry participants
3. Explore the growth outlook for small and medium enterprises (SMEs)
4. Discuss segment-specific trends, including spending activities and competitive landscape
5. Highlight emerging technology trends and industry growth opportunities
The DoD plans to incorporate commercially available technologies to promote cost-effectiveness and long-term sustainability of environmental projects. Subsequently, technology sharing through collaborations among commercial and defense sectors, academia, and SMEs could be critical to remain competitive.