Environmental Health and Safety Market size was valued at USD 7.02 Bn. in 2022 and the total Environmental Health and Safety Market revenue is expected to grow at 8% from 2022 to 2029, reaching nearly USD 12 Bn.
Environmental Health and Safety Market Overview:
Maximize Market Research's new report, Environmental Health and Safety Market 2021-2027, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2021-2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Environmental Health and Safety market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Environmental Health and Safety market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market's complexities. The research provides an overview of the worldwide Environmental Health and Safety market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Market Dynamics:
EHS software solutions help businesses safeguard both their employees' health and safety and the natural environment in which they live. State authorities, the Occupational Health and Safety Administration (OSHA), the Environmental Protection Agency (EPA), and the Department of Justice (DOJ) all have regulations and procedures that businesses must follow in order to protect workers and the environment.
Segmentation:
by Product
Services
Software
The services segment is anticipated to experience the highest CAGR growth based on Product during the projection period. By 2029, there will be a USD 89.05 billion demand for EHS services as a result of their expanding use in the mining and energy sectors. Among the services provided are EHS consulting services, process safety evaluations and management, waste management, water quality monitoring, and the creation and execution of compliance programmes.
by End User
Energy & Mining
Chemicals & Petrochemicals
Healthcare
Telecom & IT
Construction
Manufacturing
Others
The Energy & Mining segment is anticipated to see the greatest CAGR throughout the projection period based on End-user. The requirement for EHS in the manufacturing sector is anticipated to increase at a CAGR of 7.2% during the forecast period due to its application in improving utility systems, data centres, industrial water and wastewater treatment plants, and solid waste dumps. As the manufacturing sector expands in the developing countries of Asia Pacific, Central America, and South America, there will likely be an increase in demand for environmental, health, and safety services and software.
by Application
Medical & Pharmaceutical Waste Management
Industrial Waste Management
Wastewater Management
Others
The sector for Medical & Pharmaceutical Waste Management is anticipated to experience the highest CAGR growth over the course of the projection period based on Application. It is anticipated that the wastewater management industry in Europe would reach USD 9.00 billion by 2029 as a result of the rising investments made by various firms in wastewater treatment plants to maintain their compliance with the effluent discharge rules. Strict regulations limiting the discharge of wastewater into the North Sea and the Baltic Sea are anticipated to fuel product demand in the Environmental Health and Safety Market during the projected period.
Key Players:
It then discusses the top competitors in the worldwide Environmental Health and Safety market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
1. VelocityEHS(US)
2. Enablon(US)
3. IsoMetrix(US)
4. VisiumKMS(US)
5. ETQ(US)
6. Dakota Software(US)
7. ProcessMap(US)
8. Verisk 3E(US)
9. ComplianceQuest(US)
10.UL(US)
11.Gensuite(US)
12.SafeSite(Canada)
13.Intelex(Canada)
14.ProntoForms( Canada)
15.Cority US(Canada)
16.Sphera(Germany)
17.Quentic( Germany)
18.SAP (Germany
19.SHE Software(Germany)
20.Ideagen(UK)
21.EcoOnline(UK)
22.Alcumus(UK)
23.Pro-Sapien(UK)
24.SAI Global(Italy)
25.Enhesa(Belgium))
SafetyCulture( Australia)
SHEQX(Australia)
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Regional Analysis:
The report has analyzed the global Environmental Health and Safety market in the following regions:
America, North (the United States, Canada, and Mexico)
European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia, and Rest of South America)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Environmental Health and Safety market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Environmental Health and Safety Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
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Key Questions Answered in the Environmental Health and Safety Market Report are:
Which are the major companies in the Environmental Health and Safety market?
Which is the potential market for Environmental Health and Safety in terms of the region?
Which application area of Environmental Health and Safety is expected to grow at a significant rate in the market in the next 5 years?
What are the opportunities for new market entrants?
What will be the Environmental Health and Safety market size by 2027?
What are the growth prospects for the Environmental Health and Safety market?
What is the base year considered in the Environmental Health and Safety market report?
Which region holds the largest market share in the Environmental Health and Safety market?
What factors are anticipated to drive the Environmental Health and Safety market?
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