Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Environment Health & Safety Market Size, Share & Trends Analysis Report By Product (EHS Software), By Deployment Mode, By End-use (Chemicals & Petrochemicals), By Region, And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global environment health & safety market size is anticipated to reach USD 77.04 billion by 2030 to expand at a CAGR of 6.5% from 2023 to 2030.
Companies Mentioned
- AECOM
- Jacobs
- Intelex Technologies
- Enablon
- Tetra Tech, Inc
- SAP SE
- Golder Associates
- SGS SA.
- ERM Group, Inc
- VelocityEHS
- John Wood Group PLC
- RPS Group
- ETQ
- Cority (Medgate)
- Sphera
The increase in stringent government regulations across various economies act as a major driver for EHS market. Moreover, energy and chemical sectors, where workers handle hazardous products, use environment health and safety (EHS) services and software to prevent workplace mishaps. These aforementioned factors will propel the demand for EHS in the coming years.
The implementation of environment health & safety (EHS) technology is expected to improve the overall safety of workers and assist the organizations to reduce their environmental impact. The environment health & safety (EHS) service providers assist the governments as well as industrial clients to improve their overall business management. Companies that have implemented a formal risk management system can identify the risks across all the operations.
The development of Big Data and the Internet of Things (IoT) is anticipated to augment the use of environment health & safety (EHS) technology. In addition, digital transformations such as inexpensive computing power, development of cost-effective sensors that can collect large volumes of information, and overall connectedness of systems and devices are anticipated to augment the growth of environment health & safety (EHS) technology over the forecast period.
Manufacturers of environment, health, and safety (EHS) market are looking for partnerships, mergers, and acquisitions to create cutting-edge and original solutions. Also, the manufacturers are implementing a number of methods, such as geographic growth and the development of new products, to increase their market penetration and serve end-use industries. For instance, AECOM and Conservation International collaborated to co-found the Green-Gray Infrastructure Community of Practice in January 2021. Members of the GGI COP come from academic, government, non-profit, and corporate organizations in a range of fields, including engineering, conservation, building, and finance.
Environment Health & Safety Market Report Highlights
- The demand for environment health & safety (EHS) software product segment accounted for 3.6% of the global revenue share in 2022. The growth of environment health & safety (EHS) software segment can be primarily attributed to rising investments by organizations in automated environmental, health, and safety solutions to reduce the harmful impact of their operations on the environment and provide a safer working environment for employees
- The demand for cloud deployment mode segment accounted for a 27.6% share of the global revenue in 2022. The vast range of capabilities and essential features that cloud-based solutions offer are causing the adoption of these solutions to increase at a significant rate and this trend is anticipated to continue throughout the projection period.
- The chemicals & petrochemicals end-use segment accounted for a 24.3% share of the global revenue in 2022. Rapid increase in the production of shale across the globe has led to an increased demand for petrochemicals and their derivatives. The chemical & petrochemical industry significantly releases contaminants in water bodies making them prone to emission norm violations. The effective use of environment health & safety (EHS) services and software can assist these industries in tracking and reporting their regulatory compliance and environmental impact.
- North America accounted for 37.7% of the global revenue share in 2022. The high demand for environment health & safety (EHS) services in North America can also be attributed to the presence of a large number of oil and gas extraction industries in the region, which use environment health & safety (EHS) services to adhere to the regulations and ensure the health & safety of their employee.
- In January 2021, AECOM formed a partnership with Conservation International and co-founded the Green-Gray Infrastructure Community of Practice (GGI COP). The GGI COP includes members from government, non-profit, private, and academic organizations in various sectors including engineering, conservation, construction, and finance.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 152 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $46.62 Billion |
| Forecasted Market Value (USD) by 2030 | $77.04 Billion |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Environment Health & Safety (EHS) Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Segmentation & Scope
3.3. Penetration & Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.4.1. Raw Material Outlook
3.4.2. Manufacturing & Technology Trends
3.5. Regulatory Framework
3.6. Environment Health & Safety (EHS) Market - Market dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Market Opportunity Analysis
3.7. Industry Analysis Tools: Environment Health & Safety (EHS) Market
3.7.1. Porter's Analysis
3.7.2. Macroeconomic Analysis
3.8. Economic Mega Trend Analysis
Chapter 4. Environment Health & Safety (EHS) Market: Product Estimates & Trend Analysis
4.1. Environment Health & Safety (EHS) Market: Product Outlook
4.2. Environment Health & Safety (EHS) Market: Product Movement Analysis, 2022 & 2030
4.3. Software
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4. Services
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.1. Analytics
4.4.1.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.2. Project Deployment & Implementation
4.4.1.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.3. Business Consulting & Advisory
4.4.1.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.4. Audit, Assessment & Regulatory Compliance
4.4.1.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.5. Certification
4.4.1.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.1.6. Others
Chapter 5. Environment Health & Safety (EHS) Market: Deployment Mode Estimates & Trend Analysis
5.1. Environment Health & Safety (EHS) Market: Deployment Mode Outlook
5.2. Environment Health & Safety (EHS) Market: Deployment Mode Movement Analysis, 2022 & 2030
5.3. Cloud
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.4. On-Premise
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Environment Health & Safety (EHS) Market: End-use Estimates & Trend Analysis
6.1. Environment Health & Safety (EHS) Market: End-use Outlook
6.2. Environment Health & Safety (EHS) Market: End-use Movement Analysis, 2022 & 2030
6.3. Chemicals & petrochemicals
6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.4. Energy & Mining
6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.5. Healthcare
6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.6. Telecom & IT
6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.7. Construction
6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.8. General Manufacturing
6.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
6.9. Others
6.9.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Environment Health & Safety (EHS) Market: Regional Estimates & Trend Analysis
Chapter 8. Environment Health & Safety (EHS) Market: Competitive Analysis
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Overview
8.5. Product Benchmarking
8.6. Company Market Positioning
8.7. Company Market Share Analysis
8.8. Company Heat Map Analysis
8.9. Strategy Mapping
Chapter 9. Environment Health & Safety (EHS) Market: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/gxzer8
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