GVR Report cover Environment Health & Safety Market Size, Share & Trends Report

Environment Health & Safety Market Size, Share & Trends Analysis Report By Product, By End Use, By Application (Industrial Waste Management, Wastewater Management), And Segment Forecasts, 2020 - 2027

  • Report ID: GVR-1-68038-339-3
  • Number of Pages: 127
  • Format: Electronic (PDF)

Report Overview

The global environment health & safety market was valued at USD 51.79 billion in 2019 and is expected to register a CAGR of 6.9% over the forecast period. The increasing regulations by the government in various economies act as the primary growth driver. Industries, such as energy and chemicals deploy EHS (environment health & safety) services and software for the prevention of accidents at work as employees in these industries deal with hazardous materials.

The presence of stringent regulations pertaining to environmental protection and occupational health and safety has led to a rapid rise in demand for software and services for emission control, water conservation, waste management, employee safety, monitoring, and several other environmental health and safety parameters.

U.S. Environment Health and Safety (EHS) market

Environment health and safety software is expected to witness a rapid rise in demand in the U.S. owing to the presence of numerous IT companies coupled with stringent Environmental Protection Agency (EPA) regulations. Companies in the country are increasing their investments to achieve operational efficiency and adhere to the norms established by the Occupational Safety and Health Administration (OSHA). Furthermore, the presence of EHS service providers such as AECOM Technology Corporation, Tetra Tech, Enablon, and Velocity EHS is likely to aid in creating awareness resulting in market growth.

The ability of environment health and safety services and software to assist companies in streamlining their waste management process is anticipated to boost the demand for environment health and safety software and services. The EHS applications supported by mobile phones and tabs are gaining rapid popularity among end users. EHS mobile applications with functionalities, such as auditing, incident reporting, and access to health and safety information on chemicals, inspections, and others are being developed.

Companies in the U.S., Canada, U.K., and Australia are required to comply with strict wastewater treatment and industrial waste disposals norms such as Toxics Release Inventory (TRI) in the U.S., National Pollutant Release Inventory (NPRI) in Canada, and National Pollutant Inventory (NPI) in Australia. The establishment of these stringent norms is projected to drive environment health & safety market growth over the forecast period.

The EHS market is characterized by extensive research for the development of solutions and software for more complex applications related to the several end-use industries. However, the lack of awareness among market players, primarily in developing economies, is expected to hamper the growth of the environment health and safety market over the forecast period.

Environment Health & Safety Market Trends

The environmental health and safety (EHS) market is to be driven primarily by the software component during the forecast period. This growth can be attributed to the increasing investments made by industry participants for the development of advanced EHS software solutions, which helps in effective testing, monitoring, and analysis of operational parameters in end-use industries to ensure the safety of the surrounding environments as well as the personnel involved in the various operations.

Rising government regulations for environmental protection, especially in the U.S. and Europe, are expected to augment the growth of the environmental health and safety (EHS) market over the forecast period. Growing public concerns about environmental issues over the last several decades have led to important developments in laws concerning the environmental impact of organizations.

The EHS services and software offer services to organizations to meet the standards established by environmental bodies such as the Resource Conservation and Recovery Act and the Comprehensive Environmental Response Compensation and Liability Act. The features offered by the EHS software provide the emissions data to EPA’s TRI-MEweb interface. The stringent regulations established by the Environment Canada/CEPA, EPA/RCRA, and European Hazardous Waste Directive are expected to augment the demand for EHS software.

Countries including China, India, and Mexico have implemented stringent regulations for environmental protection and energy consumption. In developing countries such as India, stringent regulations concerning emissions are being enforced and old regulations are being revised to meet the global environmental standards, which has created opportunities for EHS service provides in recent years.

Environment, health, and safety applications, supported by tabs and mobiles, are gaining traction among end users. EHS mobile applications that provide functionalities such as incident reporting, auditing, and access to health & safety information on inspections, chemicals, and others are being developed. EHS mobile apps can automate a task from any location and can be accessed for data such as safety documentation. In addition, it stores information offline, which is synced with the central system later in case of connectivity issues.

Organizations need to adhere to the legislation, international protocols, regulations, or other restrictions on emission regulations, which may either increase project costs or stall projects. Furthermore, considerable changes in governmental policies and industrial requirements can create uncertainties, thus, negatively impacting the global EHS market. Businesses may see certain environmental laws in a negative light if they spend more to comply with the regulations.

Product Insights

The demand for EHS services is estimated to reach USD 85.05 billion by 2027 on account of its increasing penetration in the energy and mining industry. The services provided under EHS include compliance program development and implementation, process safety evaluations and management, waste management, water quality, and EHS consulting services.

EHS services assist mining companies by providing technical and regulatory advice and site auditing during exploration and drilling. EHS service providers also assist clients by identifying and reporting the required improvements for a better output with less environmental impact. These service providers further help companies in energy markets with the appropriate disposal of industrial and radioactive wastes.

The environment health and safety software offers a broad range of functionalities, including incident management, audit and inspection, management change, compliance management, chemical management, training management, performance metrics, risk analysis, air emission measurement, water quality, waste compliance, safety meetings, ergonomics, and corrective actions.

Furthermore, software providers offer custom software to clients to meet their unique requirements. The growth of the segment is primarily attributed to rising investments by organizations on automated environmental, health and safety solutions to reduce the harmful impact of their operations on the environment and to provide a safe working environment for the employees.

Application Insights

In Europe, the wastewater management segment is estimated to reach USD 7.00 billion by 2027, owing to the rising investments by various organizations in wastewater treatment plants to ensure their compliance with the effluent discharge norms. Strict regulations regarding the release of effluent in the North Sea and the Baltic Sea are expected to propel the product demand over the forecast period.

Medical and pharmaceutical waste management involves the disposal of biohazardous waste, pharmaceutical waste including animal waste, human blood, cultures and stocks, blood products, tissues, human pathological waste, body fluids & cell lines, recombinant DNA, and other infectious agents. EHS products assist market players in the healthcare and pharmaceutical industry to comply with the regulations. The demand is anticipated to be driven by the developing medical technology and rising global spending on health services. The presence of stringent bio-waste disposal norms is expected to further propel the demand.

Industrial waste management accounted for over 50.1% of the global EHS market share in terms of revenue in 2019, owing to the presence of stringent international regulations regarding industrial waste transportation and disposal. The increasing prevalence of accidents and diseases due to the improper disposal of toxic materials is expected to drive the demand in the segment.

End-use Insights

The demand for EHS in the manufacturing industry is estimated to witness a CAGR of 6.2% from 2020 to 2027, in terms of revenue owing to its application in the improvement of cybersecurity systems, utility systems, data centers, industrial water, and wastewater treatment plants, and solid waste landfills. Growth of the manufacturing industry in the emerging economies of Asia Pacific and Central and South America is expected to propel the demand for environment health and safety services and software.

The construction of dams, manufacturing facilities, power plants, and transport routes has a profound impact on the environment. EHS services assist construction companies in upgrading outdated building systems, designing energy-efficient building models, maximizing and integrating local microclimates effectively, and reducing the waste generated.

Global Environment Health and Safety (EHS) market

The telecom industry associated with various processes such as installation, removal, and rearrangement of conductors, are prone to high risk due to the presence of high electric current. Companies operating in the industry are required to comply with the OSHA laws regarding working surface, support structures, and approach distances to exposed energized overhead power lines. This factor is anticipated to fuel the demand in this application segment in the forthcoming years.

EHS in the healthcare industry accounted for 5.0% of revenue share in 2019 owing to its ability to manage facilities, laboratories, and pharmacies along with ensuring workers' safety from biohazards. These services include functionalities such as medical waste management, hospital risk assessment, regulatory training, and compliance and safety assessment, which is anticipated to positively influence the demand.

Regional Insights

North America accounted for the highest market share of 33.5% in terms of revenue in 2020. The North American market is primarily driven by the presence of manufacturing hubs such as Mexico and significant number of major IT companies in the U.S. and Canada. Awareness in the developed nations regarding sustainable growth and the importance of reducing environmental impact is expected to augment the demand for EHS services in this region.

The environmental, health & safety norms and regulations are formulated by government organizations such as the U.S. Environmental Protection Agency (EPA), Occupational Safety and Health Administration (OSHA), and the United States Department of Labor. Some of the key market players in the U.S. include AECOM, Jacobs, Tetra Tech, Inc., Enablon, and VelocityEHS. These players offer a broad range of EHS services and software such as wastewater management, ergonomics, construction and engineering services, risk assessment, EHS software, and EHS management consulting & compliance.

Europe EHS market is expected to experience growth at a CAGR of 8.4% over the forecast period. The European market is witnessing rapid growth in the adoption of EHS service and software to phase out the current take-make-dispose model, maximize the use of raw materials, and limit the amount of waste produced. EU-OSHA and European Environment Agency (EEA) formulated the laws concerning the health, safety, consumer protection, and the protection of the environment. The stringent environmental regulations in Europe are likely to spur the demand for EHS software & services over the coming years.

Asia Pacific is the fastest-growing region in the global EHS market. The emerging economies of Asia Pacific, including China, India, Indonesia, Singapore, and Australia, are the key drivers for the growth of the manufacturing industry as well as environment safety in this region. Asia Pacific is characterized by burgeoning pharmaceutical, mining, manufacturing, and construction industries that are extensively adopting EHS services and software.

Environment Health & Safety Market Share Insights

The global market is characterized by the presence of major players, along with medium and small regional players. The companies are engaged in strategic developments to augment revenue and sales by providing customized services to the customers and increasing their reach. Furthermore, these companies offer their services with improved features and better product quality for custom applications.

Key players such as AECOM Corporation and Enablon have collaborated on numerous projects to provide both services and software to their clients. The companies operate in various locations globally and carry out distribution via several sales locations across the areas of operation, along with third-party distribution agencies boosting the sales network.

Report Scope

Attribute

Details

Base year for estimation

2019

Actual estimates/Historical data

2016 - 2018

Forecast period

2020 - 2027

Market representation

Revenue in USD million, and CAGR from 2020 to 2027

Regional scope

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

Country scope

U.S., Canada, Mexico, France, Germany, Italy, Spain, U.K., China, India, Japan, South Korea, Australia, Argentina, Brazil, Saudi Arabia, UAE, South Africa

Report coverage

Revenue forecast, competitive landscape, growth factors, and trends

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

If you need specific 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, and country levels, and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global environment health and safety market report on the basis of product, application, end use, and region:

  • Product Outlook (Revenue, USD Million, 2016 - 2027)

    • Software

    • Services

  • Application Outlook (Revenue, USD Million, 2016 - 2027)

    • Medical & Pharmaceutical Waste Management

    • Industrial Waste Management

    • Wastewater Management

    • Others

  • End-use Outlook (Revenue, USD Million, 2016 - 2027)

    • Chemicals & Petrochemicals

    • Energy & Mining

    • Healthcare

    • Telecom & IT

    • Construction

    • Manufacturing

    • Others

  • Regional Outlook (Revenue, USD Million, 2016 - 2027)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • France

      • Germany

      • Italy

      • Spain

      • The U.K.

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Australia

    • Central & South America

      • Argentina

      • Brazil

    • Middle East & Africa

      • Saudi Arabia

      • UAE

      • South Africa

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