Environment Health & Safety Market Size, Share & Trends Analysis Report By Product (Services, Software), By Deployment Mode (Cloud, On-premise), By End-use (Construction, Healthcare), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the environment health & safety market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for environment health & safety market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of environment health & safety market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Environment Health & Safety Market Categorization:

The environment health & safety market was categorized into four segments, namely product (Software, Services), deployment mode (Cloud, On-premises, end-use (Chemical & Petrochemical, Energy & Mining, Healthcare, Telecom & IT, Construction, General Manufacturing), and region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa).

Segment Market Methodology:

The environment health & safety market was segmented into product, deployment mode, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The environment health & safety market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into seventeen countries, namely, the U.S.; Canada; Mexico; Germany; France; the UK; Italy; Spain; China; Japan; India; South Korea; Australia; Brazil; Argentina; South Africa; Saudi Arabia.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Environment health & safety market companies & financials:

The environment health & safety market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• AECOM: It is an infrastructure consulting company that offers professional services throughout the project lifecycle including planning, design, architecture, engineering, program & project management, and construction management. The company was founded in 1990 and is headquartered in California, U.S. It operates through three business segments, namely Americas, International, and AECOM Capital (ACAP). Through America's business segment, the company offers planning, engineering design, architectural, consulting, and construction management services to its government and commercial clients based in the U.S., Canada, and Latin America across major markets such as water, transportation, facilities, government, energy, and environmental. The international business segment focuses on providing planning, engineering design, architectural, and consulting services to its government and commercial clients based in Europe, Asia Pacific, Africa, and the Middle East across major markets such as water, transportation, facilities, government, energy, and environmental.

• Jacobs: The companyoffers a wide range of professional services including technical, consulting, scientific, and project delivery for the government and private sector. It was founded in 1947 and is headquartered in Texas, U.S. The company operates through two business lines, namely People & Places Solutions (P&PS) and Critical Mission Solutions (CMS). P&PS business line offers end-to-end solutions for various projects including integrated water management, connected mobility, advanced manufacturing, smart cities, and environmental stewardship. To accomplish these projects, the company uses processes and tools, such as artificial intelligence and automation, predictive analytics, IoT smart sensors, and digital twin technology, for planning, consulting, design, architecture, engineering, and implementation, as well as long-term operation of facilities and infrastructure. These solutions are delivered either through comprehensive program management or as standalone engagements. Key clients for the P&PS business segment include local, state, and national governments in the U.S., the UK, Europe, Australia, New Zealand, the Middle East, and Asia, as well as private sector companies across the globe.

• Intelex Technologies: The company develops and delivers web and mobile applications and cloud-based solutions for environmental, safety, and quality management. It was founded in 1992 and is headquartered in Ontario, Canada. The company’s business is segmented into Environmental & Sustainability Management, Health & Safety Management, Quality & Supplier Management, and Risk Management. It caters to the needs of the government sector and a broad range of industries including automotive, aerospace & aviation, chemical, construction, food & beverage, metals & mining, manufacturing, consumer goods, medical & healthcare, energy & electricity, and oil & gas. The company’s software solutions assist organizations across the world to ensure compliance, reduce risk, and improve performance. It has partnered with various companies, such as Verisk 3E, ERM, Huco Consulting, Jacobs, Golder, Barik IT Solutions, Arcadis, and Frostbyte Consulting, to deliver environment, health, safety, and quality (EHSQ) software solutions to its customers. As of February 2021, it had over 421 employees and over 1,400 clients worldwide.

• Enablon: The company is primarily engaged in the development of environmental health & safety and operational risk management software. It was founded in 2000 and is headquartered in Paris, France. Solutions offered by the company include governance & compliance software, control & assurance software, risk & incident management software, barrier management software, field operations software, control of work software, process safety software, environmental management software, health & safety software, quality software, product stewardship software, and sustainability & performance software. Its software solutions are used by clients from over 160 countries worldwide. Apart from these software solutions, the company also offers implementation, training, and support services. The company has partnered with several companies, such as AECOM, Bloomberg BNA, Enhesa, Verisk3E, Accenture, Atos, ERM, EY, Frostbyte, Huco Consulting, Golder, Infosys, Jacobs, Larsen & Toubro Infotech (LTI), Microsoft, and OSIsoft, to develop and design innovative solutions.

• Tetra Tech, Inc.: The company provides engineering and consulting services focusing on environment, water, resource management, sustainable infrastructure, energy, and international development. It was founded in 1966 and is headquartered in California, U.S. The company operates through two business groups, namely the Government Services Group (GSG) and the Commercial/International Services Group (CIG). GSG business group offers engineering and consulting services for a broad range of U.S. government clients (local, state, and federal) as well as all activities with development agencies worldwide. Services offered through this business group include water and waste management, sustainable infrastructure design, international development, environmental restoration, and a broad range of civil infrastructure design for facilities, regional and local development, and transportation.

• SAP SE: The company was incorporated in 1972 and is headquartered in Walldorf, Germany. The company is a leading player in enterprise application software and a rapidly growing database management company. It offers services such as cloud and data platforms, ERP and digital core, analytics, procurement and networks, IoT and digital supply chain, customer engagement and commerce, human resources, and finance. SAP EHS Management software assists companies in identifying risk, tracking, and preventing medical treatments, and managing hazardous substances and chemical data. The company operates in 180 countries, notably Germany, the U.S., Canada, China, and India. It has over 400,000 customers from a broad range of industries including energy and natural resources, discrete industries, consumer industries, public services, and service industries.

• Golder Associates: The company was founded in 1960 and is based in Toronto, Canada. The company provides consulting, design, and construction services to clients involved in the environment, energy, and natural resources sectors. It offers services such as wastewater treatment, planning, landscape architecture & urban designing, mine waste management, environmental remediation, ground engineering services, environmental health & safety, and industrial hygiene. The company offers its EHS services, including employee safety, industrial hygiene, process safety management, risk management, environmental compliance, radiation protection, and ergonomics, to a broad range of industries such as food & beverage, chemicals, pharmaceuticals, manufacturing, mining, oil & gas, and power facilities.

• SGS SA: It is a key player in the EHS services market and primarily provides services such as inspection and verification of quality and quantity of traded goods during transshipment, testing, and certification of quality, safety, and performance of products against regulatory standards. The company caters to various industries such as chemical, construction, mining, and oil & gas. Through its health & safety services section, it offers solutions to ensure the safety and health of employees and compliance standards. In addition, the company assists in enhancing environmental reputation, managing risk, and increasing business efficiency by providing guidance and environmental regulations compliance solutions and assessing environmental performance.

• ERM Group, Inc.: The company offers a broad range of services such as environmental, health, safety, risk, social consulting, and sustainability-related services. It caters to various industries including oil & gas, mining & metal, power, chemical, manufacturing & pharmaceutical, technology, and media & telecommunications. Health, safety, and enterprise risk management services of the company assist clients in improving business and operational performance by embedding health, safety, and risk management workplace cultures, business practices, and employee behaviors into corporate strategies. In addition, the company also provides a wide range of solutions for environmental compliance such as air quality management, impact assessment, and remediation management.

• VelocityEHS: It is an EHS software provider incorporated in 1996 and located in Illinois, U.S. It provides product suites to assist companies in audit & inspection, compliance management, MSDS/chemical management, incident management, corrective actions, management change, performance metrics, on-demand training, risk analysis, training management, ergonomics, reporting & dashboard, water quality, air emissions, water compliance, and safety meetings. The company provides software suits that can help in data collection, real-time monitoring & calculation, and reporting of waste, air emissions, and water quality. In addition, the software alerts users when data falls outside an acceptable range. It primarily caters to a broad range of industries including biotechnology, construction, healthcare, manufacturing, and mining. The company has its presence primarily in the U.S., Canada, the UK, and Australia but offers its services worldwide.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Environment Health & Safety Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2022, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Environment Health & Safety Market Report Assumptions:

• The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.