Real-Time Industrial Classifications

UK CleanTech Industry

Understand the UK’s emerging CleanTech industry and the companies developing sustainable products and energy efficient services through our unbeatable real-time sector data.

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What is CleanTech?

Clean Technology, or CleanTech as it’s regularly known, in short is the description of a product, services or process that aims to improve or reduce negative environmental effects.

This blanket term relates to various companies and technologies that work within clean energy, sustainability, recycling, and other green innovation practices, such as water purification, biofuels, environmental protection, agriculture and much more.

With the UK’s dedication to combating climate change, and net zero by 2050, the market size of the CleanTech industry has grown in recent years with more and more solutions to improve environmental sustainability.

CleanTech sector summary

Key information you should know about the CleanTech sector from our AI-driven platform of over 5 million companies:

CleanTech has turnover of £352.67bn, meaning it is our 2nd largest RTIC, and our 13th fastest growing sector.
The CleanTech sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.

4,858

COMPANIES CONSIDERED

£352.7bn

TOTAL TURNOVER

303,694

TOTAL EMPLOYEES

£8.7bn

TOTAL INVESTMENT FUNDING

£1.6bn

TOTAL INNOVATE UK GRANT FUNDING

15.0%

AVERAGE COMPANY GROWTH PER YEAR

CleanTech verticals

Our CleanTech RTIC is made up of 6 individual industry verticals, including verticals such as Adapted Goods, Agriculture, Forestry and Biodiversity, Energy Production, Management and Storage. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

Sector Code Description Records
RTIC0047 CleanTech 4764 companies
Companies in clean energy, environmentally sustainable product or service design and provision such as water purification, biofuels and other adapted goods.

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- CleanTech: Adapted Goods
  Companies reformulating products in order to make them more sustainable
  
  401 companies
- CleanTech: Agriculture, Forestry and Biodiversity
  Companies providing technologies that allow the environmental monitoring of agricultural processes, forests and wildlife.
  
  379 companies
- CleanTech: Energy Production, Management and Storage
  Companies providing products for the effective supervision of energy usage, management and efficiency
  
  2276 companies
- CleanTech: Environmental Protection and Monitoring
  Companies specialised in the production of technologies that facilitate environmental management and environmental health monitoring
  
  1127 companies
- CleanTech: Mining, Fuels and Biofuels
  Companies developing new technologies and/or products aimed to make the fuel/mining industries more sustainable
  
  387 companies
- CleanTech: Water Processing
  Companies creating technologies that allow for an in-depth analysis of water quality and usage
  
  878 companies

CleanTech industry growth

We estimate that the UK CleanTech sector could be worth approximately £709.3bn by 2027, based on the compound annual growth rate (CAGR) of 15%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Get your free CleanTech report

Dig deeper into the UK’s CleanTech industry with our free 2022 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including CleanTech.

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