About Environmental Health And Safety
Environment, Health and Safety which is also known as ‘EHS’ is a distinctiveness as well as discipline that implements as well as studies practical aspects of environmental protection and safety at work. In simple words, Organizations should possess primary objective that they shouldn’t be violating the Environmental Health and Safety Regulations. All the Organizations from United States are subjected to EHS regulations in the Code of Federal Regulations.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 12.3% |
Environmental Health and Safety is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Environmental Health And Safety market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SAP SE (Germany), Enablon (France), ETG Management Consultants, LLC. (United States), Intelex Technologies Inc. (United States), Gensuite (United States), Enviance (United States), Cority (Canada), Verisk 3E (United States), VelocityEHS (United States) and Optial UK Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sphera So (United States) and Sitehawk (United States).
Segmentation Overview
AMA Research has segmented the market of Global Environmental Health And Safety market by Type (EHS Software and EHS Services) and Region.
On the basis of geography, the market of Environmental Health And Safety has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Software , the sub-segment i.e. Quality and Risk Assessment will boost the Environmental Health And Safety market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Consulting will boost the Environmental Health And Safety market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Chemical and Petrochemical will boost the Environmental Health And Safety market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Dictation on Environmental Health and Safety in Developing Regions and Rising Adoption of Highly Automated EHS IoT Based as well as Artificially Intelligent Applications
Market Growth Drivers:
Increasing Prevalence of Environmental Accidents in Number of Industries and Efficiently Assists in Industrial Waste Management
Challenges:
Extremely Complex as well as Overpriced Auditing Procedures and Lack of Demand from Underdeveloped Regions
Restraints:
Stringent Government Regulations and Statuses to comply with Environmental Health and Safety Standards and Higher Initial Establishment Cost
Opportunities:
Affordable Solutions Introduced By Government Bodies and Acceptance of International Standards in the Emerging Economies for Numerous Applications
Market Leaders and their expansionary development strategies
In November 2018, SAP SE has announced an acquisition of Contextor SAS which is a European leader in the integration and design of RPA (Robotic Process Automation), to help SAP SE in boosting the development and expansion of its SAP Leonardo Machine Learning portfolio.
In November 2022, The Office of Environmental Health & Safety announced a new Supervising for Safety Certificate Program. Developed specifically for supervisors and managers across campus, the 3-session program is designed to help those who supervise employees to become proficient leaders for safety.
In 2011, Safe Work Australia has developed a single set of WHS laws to be implemented across Australia. These are known as ‘model’ laws. For the model WHS laws to become legal binding, the Commonwealth, states and territories must separately implement them as their own laws. WHS regulators are responsible for regulating and enforcing the laws in their jurisdictions. The model WHS laws have been implemented in the Australian Capital Territory, New South Wales, the Northern Territory, Queensland, South Austra
Key Target Audience
Environment Health and Safety Service Providers, Environmental Health and Safety Standards Regulators, Private Consultancies, Government Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.