Environment Health and Safety Services Market: By Type, Application, End-Use and Region (2021–2027)

EHS Services Market Overview:

Environment Health and Safety Services help to reduce the risk of Environment Health and safety-related incidents. The objective of EHS services is to prevent injuries, illnesses, and harmful environmental release pollutants. The government has set guidelines and regulations that are mandatory to maintain and control global EHS problems. The laws vary from country to country but the basic principle is the same to ensure the safety of our environment and health. In the corporate world, companies often have an EHS department that focuses on environmental, health, and safety compliance. But sometimes company needs technical and legal advice to fulfill the legal requirements. EHS consultants can minimize risks that would result in legal action or fines. Environment Health and Safety Services Market report segment analysis is studied on the basis of type, application, end use and region.

 

The report analyses the Environment Health and Safety Service market’s Drivers, Restraints, opportunities, challenges, and segments (Type, application, end-use, and region) which helps to assess the market growth. The report also shows the current situation of the Global Environment Health and Safety services market. With strict orders on social distancing and lockdowns, many EHS services markets have been unable to provide technical services like installation, inspection, and calibration services of instruments regularly as they once did. This is predicted to impact negatively on the growth of the Environment Health and Safety Services Market in coming years.

 

Environment Health and Safety Services Market Dynamics:

• Growing Environmental concern, increasing demand for the EHS software, rising incidence of injuries in industries are major drivers in the Global Environment Health and Safety Services Market. Organizations are becoming aware of the implementation of EHS programs by conducting audits, inspections, and taking appropriate corrective actions for compliance.

 

Governments across the globe are taking Strict actions towards ensuring ecological and worker safety and these factors are expected to fuel the demand for environment health and safety services market. some international regulatory agencies such as Occupational Safety and Health Administration (OSHA), Environmental Protection Agency (EPA) of the U.S, National Institutes of Health (NIH), The National Institute for Occupational Safety & Health (NIOSH), Nuclear Regulatory Commission, Department of Labor, New York City Department of Environmental Protection, Council on Certification of Health, Environmental and Safety Technologists (CCHEST), European Agency for Safety and Health at Work (EU-OSHA), and Mine Safety and Health Administration (MSHA) ensure health & safety of employees and their work environment.

 

Many countries are investing in smart city projects. Environmental consulting services such as water and waste management consulting services are expected to increase for the construction of smart cities which drive the market growth.

 

• Nowadays new innovative and cost-effective technologies are arrived to reduce industrial waste, thus the need for EHS consulting services is decreased. This is expected to act as a restraint in the EHS services market. High cost and Data privacy issues of EHS software are some of the major restraints for the adoption of environmental health and safety services by small businesses.

 

Environment Health and Safety Services Market Segment Analysis:

By Type, Legal services such as Consulting, monitoring and testing, training programs are all included within EHS services market. EHS legal services segment held the highest share of 55.6% in 2020. This segment is projected to witness a CAGR of 7.3 % in the Environment Health and Safety Services Market throughout the forecast period (2021-2027).

 

 

By Application, Industrial waste management held the largest share in environment health and safety services market. Due to the increasing level of water pollution in several parts of the world, the growing adoption of EHS solutions in wastewater management applications is expected to rise during the forecast period.

 

Veolia Environment, Suez Environment, ITT Corporation, United Utilities, Dow Water and Process Solutions,  Evoqua Water Technologies Corporation, GE Water and Process Technologies are Top 7 Industrial Wastewater Treatment Companies Worldwide which provides wastewater management, recycling, and waste recovery, water treatment,  water distribution, and treatment services to individuals, waste collection and treatment services which include sorting, collection, composting, recycling, energy recovery, and landfilling for hazardous and non-hazardous waste to local authorities and industrial clients and wastewater and engineering services.

 

 

By End-use The Environment Health and Safety Services Market services in the chemical and pharmaceutical industries is estimated to witness a CAGR of 6.2% from 2020 to 2027. In the construction field, EHS management systems and software can assist with determining the environmental impact of construction projects, estimating the severity of potential risks associated with the project, and how they can be prevented or mitigated.

 

The telecom industry is associated with various processes such as installation, removal, and rearrangement of conductors which may lead to high risk due to the presence of high electric current. Generation of hazardous waste and emission to air is also an Environmental issue in telecommunications projects. Therefore, the telecom industry is required to comply with the ISO and OSHA regulations.

 

EHS services in the healthcare industry are estimated to witness a CAGR of 5% from 2020 to 2027 owing to its ability to manage facilities, laboratories, and pharmacies along with ensuring safety from biohazards. These services include medical waste management and compliance with safety assessments.

 

Environment Health and Safety Services Market Regional Insights:

Europe is expected to grow at a CAGR of 5% from 2020 to 2027 in terms of revenue. The presence of strict rules and regulations for maintaining Environment Health & Safety standards in the European region will drive the market growth in this region. The European Agency for EHS services formulated the laws concerning the protection of environmental health and safety. These directives and regulations drive the growth of environment health and safety services Market in the European region.

 

North America holds a significant market share and is estimated to dominate the market during the forecast period. China is under increasing societal pressure to build a healthy work environment, which has been one of the most important factors driving demand in the EHS Services market. Companies in Brazil are now focusing on assessing the effectiveness of their Environmental Management Systems (EMSs), which include strategies, procedures, and organizational structures, in order to accomplish their goals. The growing use of EMSs by Brazilians is likely to boost the country's EHS service market.

 

The objective of the report is to present a comprehensive analysis of the Environment Health and Safety Services Market to the stakeholders in the industry. The report provides trends that are most dominant in the Environment Health and Safety Services Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Environment Health and Safety Services Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

 

The qualitative and quantitative data provided in the Environment Health and Safety Services Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Environment Health and Safety Services Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the Environment Health and Safety Services Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Environment Health and Safety Services Market is aided by legal factors.

 

Environment Health and Safety Services Market Scope:

Environment Health and Safety Services Market		Market Segmentation
Market Indicators:	Details	by Type	legal services Software
Historical Data:	2016-2019	by Application	Waste Management Wastewater Treatment others
Forecast Period:	2021-2027	by End-Use	Chemical and pharmaceutical industries Energy and mining Construction Telecom and IT  Healthcare  Others.
Base Year:	2020	by Region	North America Europe Asia pacific Middle East & Africa South Africa
CAGR:	6.9%
Market Size in 2020:	US $ 55.36 Bn.
Market size in 2027:	US $ 88.2 Bn.

 

Environment Health and Safety Services Market Key Players:

• 3E Company (U.S)
• International Finance Corp. (U.S)
• SHE Software (UK)
• SafetyCulture (Australia)
• IsoMetrix (South Africa)
• SAP SE (Germany)
• Enablon (France)
• Medgate Inc (Switzerland)
• HIS Inc.(U.K)
• Sphera Solutions(Germany)
• Verisk 3E (U.S)
• Quentic (Germany)
• Dakota Software (U.S)
• ProcessMAP