About Environmental Health & Safety (EHS)
Every organization or workplace somewhere or the other are associated with risk where the nature and intensity of harm caused due to accident gets high. The risk here may vary from industry to industry. Environmental Health and Safety is a discipline and specialty that studies and implements aspects of environmental protection and safety which includes rules, regulations, guidance, law and various process set for the protection of employees, environment, and the public in general. With the rise in awareness about the health and environment safety among employees and stringent rules and regulation by the government has increased the demand for the Environmental Health and Safety market. Various organizations now have increasingly involved in building protocols and complying with environmental regulation setting footprints for others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 12.0% |
Competition among existing players is due to the Environmental Health & Safety (EHS) market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Environmental Health & Safety (EHS) market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Environmental Health & Safety (EHS) market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Optial (United Kingdom), Cority (Canada), SAP (Germany), VelocityEHS (United States), Gensuite (United States), Enablon (United States), EtQ (United States), Intelex (Canada), Enviance (United States), Verisk 3E (United States), Sphera Solutions (United States), Deloitte Consulting (United States) and SiteHawk (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Accenture (Ireland), Ernst & Young (United Kingdom), McKinsey & Company (United States) and Cognizant (United States).
Segmentation Overview
AMA Research has segmented the market of Global Environmental Health & Safety (EHS) market by and Region.
On the basis of geography, the market of Environmental Health & Safety (EHS) 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).
If we see Market by , the sub-segment i.e. will boost the Environmental Health & Safety (EHS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Ecological Conservation and Safety for Health of Personnel Is In High Trend
Market Growth Drivers:
Rise in Number of Accidents in Various Industries, Stringent Government Regulations and Guidelines and Rising awareness about Environment Health and Safety
Challenges:
Limited Budgets and Resources
Restraints:
Greater Risks of Losses in the Energy Sector and Complexity in Standard and Regulation
Opportunities:
Emergence of Predictive Analytics and Iot
Market Leaders and their expansionary development strategies
In January 2023, EcoOnline, a leading European environment, health, and safety (EHS) software-as-a-service (SaaS) company, announced the acquisition of the Software division of UK-headquartered Alcumus, a global market leader in risk management solutions. The acquisition creates a truly global EHSQ technology leader with over 850 team members, supporting 10,000 customers with best-in-class EHSQ software solutions.
In February 2023, HSI, a leader in Environmental, Health and Safety (EHS), compliance, and professional development training and software, announced the launch of its new EHS Essentials solution, designed to meet the growing demand for comprehensive, cost-effective EHS solutions.
EHS guidelines cover categories specific to each industry as wells as those that are general to most industry sectors. This includes Environmental, Occupational health & safety, Community health & safety and Construction & decommissioning.
Key Target Audience
EHS Solution Providers, EHS Service Providers, System Integrators, Consultancy and Advisory Firms, Certification and Training Firms, Regulatory Agencies and Governments
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.