Estimating the Green Boom
Estimating the Green Boom

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TechCast data suggest $20 trillion market 


The TechCast forecast data offers an intriguing way to estimate the market potential of today's unfolding Green Revolution. TechCast covers 12 technologies that could be called "green"  (Alternative Energy, Climate Control, Smart Grids, Green Business, etc.). We forecast an average global market potential of each to be on the order of $2 trillion year (average rating of 5 x $360 Billion).  That means the global economy is likely to see an infusion of more than $20 trillion/year when the Green Revolution matures over the next 5-10 years, which is roughly similar to the $10 trillion Al Gore forecasts. Compare that to the present size of the roughly $50 trillion global market, and it's easy to envision green technologies providing a major boost to revive economic growth and end the Great Recession in 3-5 years.
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