Environmental Health And Safety Market Report

Environmental Health And Safety Market Analysis By Product (Software, Services), By Application (Medical & Pharmaceutical Waste Management, Industrial Waste Management, Waste Water Management), By End Use, And Segment Forecasts, 2014 - 2025

Published: December 2016  |  100 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-339-3

Industry Insights

The global environmental health and safety market size was USD 49.8 billion in 2015 and is expected to witness significant growth over the forecast period due to rising investments in key end-use segments such as oil & gas, petrochemicals, and construction for ensuring effective compliance.

Increasing risk of environmental damage due to poor compliance by companies operating in the aforementioned industries led to more stringent regulations across industries; this also resulted in increasing investments by companies for the implementation of advanced EHS software and efficient consulting services from EHS specialists and managers, among others. These trends can be observed mainly in industrial economies such as China and the U.S.

U.S. environmental health & safety market, by end-use, 2014 - 2025 (USD billion)

U.S. environmental health & safety market

As can been seen from the figure given above, the number of favorable legislations put forth by the government increased significantly in China, during the period from 2010 to 2024. This rising trend is expected to have positive impacts on the overall market growth in the country during the coming years.

However, most emerging economies are faced with huge challenges for market growth, including poor implementation of regulations and lack of corrective actions taken by the concerned authorities, combined with the lack of awareness amongst a majority of end-use industry players.

Product Insights

The services segment dominated the overall environmental health & safety market in 2015, and this dominance is expected to continue over the forecast period, driven by the slow rate of adoption of advanced EHS software in most parts of the world. The services provided by the market players include consulting, monitoring & testing, training programs, and designing of corporate sustainability strategies.

The software segment is expected to grow the highest over the coming years, projected to grow at a CAGR of over 9% during the forecast period. The rapid growth of this segment can be accredited to the technological advancements and increasing adoption of innovative EHS software by companies in countries, such as the U.S., the U.K., China, Japan, and Singapore, among others.

End-use Insights

The global EHS market was dominated by the energy & mining segment in 2015, accounting for over 24% share of the overall revenue. This dominance is expected to continue during the forecast period, owing to the growth of the oil & gas industry and the stringent regulations imposed on the industry players to ensure the safety of the environment as well as workers. A major share of the demand is from the oil & gas industry, wherein the possibilities of environmental contamination and injuries to personnel are very high.

The chemicals & petrochemicals industry is also expected to witness a high growth of demand for EHS solutions, globally, during the forecast period. The rapid economic growth and urbanization in most emerging economies worldwide have resulted in a boom in the telecommunication industry, thereby resulting in stringent compliance requirements from the government to ensure ecological as well as human safety.

Application Insights

The industrial waste management segment accounted for the largest share of the overall EHS market in 2015, with a share of over 58%. This dominance is expected to continue as EHS solutions are being increasingly developed to cater to the requirements of companies associated with the chemical, oil & gas, mining, telecommunication, and construction industries worldwide.

Global environmental health and safety market, by application, 2015 (%)

Global environmental health & safety market

The industrial waste management segment is also expected to witness the highest growth during the forecast period, driven by the increasing demand from the aforementioned industry sectors. The waste water management segment has been gaining significance over the past few years, mainly on account of the high rate of water pollution and the lack of safe water sources in several parts of the world. The rising adoption of EHS solutions in waste water management applications is expected to have substantial impacts on the overall demand growth.

Regional Insights

Europe dominated the global EHS market, accounting for over 45% in 2015. This dominance is expected to continue owing to recovery of core industries in the region such as construction, manufacturing, and chemicals, combined with the increasing number of compliance requirements imposed by governments and environmental protection agencies of the region.

The market in China is dominated by the energy & mining industry, as of 2015. This industry is expected to witness the highest growth in the country’s overall market, projected to grow at a growth rate of approximately 8% during the forecast period. The growth of the oil & gas and mining sub-industries in China can be regarded as key factors driving demand growth in this industry.

Competitive Insights

The key strategies adopted by the major industry players include product innovations, mergers & acquisitions, and collaborations. The key focus areas of these players are stakeholder satisfaction, brand preservation, and development of solutions that would help users to ensure efficient compliance. HS&E Group, AECOM, EHS Data Ltd., and RPS Group are among the major players of the industry, as of 2015.

Report Scope

Attribute

Details

Base year for estimation

2015

Actual estimates/Historical data

2014 - 2015

Forecast period

2016 - 2025

Market representation

Revenue in USD Million & CAGR from 2016 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America & Middle East & Africa

Country scope

U.S., UK, Germany, Japan, China, India, Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the environmental health and safety market on the basis of product, application, end-use and region:

  • Product Outlook (Revenue, USD Million, 2014 - 2025)
    • EHS software

    • EHS services

  • Application Outlook (Revenue, USD Million, 2014 - 2025)
    • Medical & pharmaceutical waste management

    • Industrial waste management

    • Waste water management

  • End-Use Outlook (Revenue, USD Million, 2014 - 2025)
    • Chemical & petrochemical

    • Energy and mining

    • Healthcare

    • Telecom & IT

    • Construction

    • Manufacturing

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America

      • U.S.

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America (CSA)

      • Brazil

    • Middle East & Africa (MEA)

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