March 1, 2024

DUBLIN–(BUSINESS WIRE)–The “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, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering.

The global environment health & safety market size is anticipated to reach USD 77.0 billion by 2030, registering a CAGR of 6.5% from 2023 to 2030

Increasing stringent government regulations across various economies acts as a major driver for market growth. Moreover, the energy and chemical sectors, where workers handle hazardous products, use environment health & safety (EHS) software & services to prevent workplace mishaps.

These aforementioned factors will propel the market demand in the coming years. The implementation of EHS technology is expected to improve the overall safety of workers and assist the organizations to reduce their environmental impact. The EHS service providers assist the governments as well as industrial clients to improve their overall business management.

Companies that have implemented a formal risk management system can identify the risks across all the operations. For instance, in November 2020, Intelex Technologies acquired ehsAI, a compliance automation technology provider that uses machine learning and artificial intelligence to help organizations reduce the risks and costs of permitting and compliance management.

This acquisition has increased Intelex’s compliance offerings and has further strengthened its EHSQ position. The development of Big Data and the Internet of Things (IoT) is anticipated to augment the use of EHS technology. In addition, digital transformations, such as inexpensive computing power, the development of cost-effective sensors that can collect large volumes of information, and the overall connectedness of systems and devices are anticipated to augment the growth of EHS technology over the forecast period.

Manufacturers are looking for partnerships, mergers, and acquisitions to create cutting-edge and original solutions. Also, manufacturers are implementing several methods, such as geographic growth and the development of new products, to increase their market penetration and serve end-use industries.

Environment Health & Safety Market Report Highlights

  • The demand for environment health & safety (EHS) software product segment accounted for 3.6% of the global revenue share in 2022. The growth of the environmental health & safety (EHS) software segment can be primarily attributed to rising investments by organizations in automated environmental, health, and safety solutions to reduce the harmful impact of their operations on the environment and provide a safer working environment for the employees
  • The cloud deployment mode segment accounted for a 27.6% share of the global revenue in 2022. The vast range of capabilities and essential features that cloud-based solutions offer are boosting the adoption of these solutions to increase at a significant rate and this trend is anticipated to continue throughout the projection period
  • The chemicals & petrochemicals end-use segment accounted for a share of 24.3% in 2022. The rapid increase in the production of shale across the globe has led to an increased demand for petrochemicals and their derivatives. The chemical & petrochemical industry significantly releases contaminants in water bodies making them prone to emission norm violations. The effective use of EHS services and software can assist these industries in tracking and reporting their regulatory compliance and environmental impact
  • North America accounted for a share of 37.7% in 2022 due to the high demand for EHS services in North America on account of the presence of a large number of oil & gas extraction industries in the region, which use these services to adhere to the regulations and ensure the health & safety of their employee

Company Profiles

  • AECOM
  • Jacobs
  • Intelex Technologies
  • Enablon
  • Tetra Tech, Inc
  • SAP SE
  • Golder Associates
  • SGS SA.
  • ERM Group, Inc
  • VelocityEHS
  • John Wood Group PLC
  • RPS Group
  • ETQ
  • Cority (Medgate)
  • Sphera

Key Attributes:

Report Attribute Details
No. of Pages 152
Forecast Period 2022 – 2030
Estimated Market Value (USD) in 2022 $46.62 Billion
Forecasted Market Value (USD) by 2030 $77 Billion
Compound Annual Growth Rate 6.5%
Regions Covered Global

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

2.1. Market Outlook

2.2. Segmental Outlook

2.3. Competitive Insights

Chapter 3. Environment Health & Safety (EHS) Market Variables, Trends, & Scope

3.1. Market Lineage Outlook

3.2. Market Segmentation & Scope

3.3. Penetration & Growth Prospect Mapping

3.4. Industry Value Chain Analysis

3.4.1. Raw Material Outlook

3.4.2. Manufacturing & Technology Trends

3.5. Regulatory Framework

3.6. Environment Health & Safety (EHS) Market – Market dynamics

3.6.1. Market Driver Analysis

3.6.2. Market Restraint Analysis

3.6.3. Market Opportunity Analysis

3.7. Industry Analysis Tools: Environment Health & Safety (EHS) Market

3.7.1. Porter’s Analysis

3.7.2. Macroeconomic Analysis

3.8. Economic Mega-Trend Analysis

Chapter 4. Environment Health & Safety (EHS) Market: Product Estimates & Trend Analysis

4.1. Environment Health & Safety (EHS) Market: Product Outlook

4.2. Environment Health & Safety (EHS) Market: Product Movement Analysis, 2022 & 2030

4.3. Software

4.3.1. Market estimates and forecasts, 2018 – 2030 (USD Billion)

4.4. Services

4.4.1. Market estimates and forecasts, 2018 – 2030 (USD Billion)

4.4.1.1. Analytics

4.4.1.2. Project Deployment & Implementation

4.4.1.3. Business Consulting & Advisory

4.4.1.4. Audit, Assessment & Regulatory Compliance

4.4.1.5. Certification

4.4.1.6. Others

Chapter 5. Environment Health & Safety (EHS) Market: Deployment Mode Estimates & Trend Analysis

5.1. Environment Health & Safety (EHS) Market: Deployment Mode Outlook

5.2. Environment Health & Safety (EHS) Market: Deployment Mode Movement Analysis, 2022 & 2030

5.3. Cloud

5.3.1. Market estimates and forecasts, 2018 – 2030 (USD Billion)

5.4. On-Premise

Chapter 6. Environment Health & Safety (EHS) Market: End-use Estimates & Trend Analysis

6.1. Environment Health & Safety (EHS) Market: End-use Outlook

6.2. Environment Health & Safety (EHS) Market: End-use Movement Analysis, 2022 & 2030

6.3. Chemicals & Petrochemicals

6.3.1. Market estimates and forecasts, 2018 – 2030 (USD Billion)

6.4. Energy & Mining

6.5. Healthcare

6.6. Telecom & IT

6.7. Construction

6.8. General Manufacturing

6.9. Others

Chapter 7. Environment Health & Safety (EHS) Market: Regional Estimates & Trend Analysis

7.1. Regional Movement Analysis & Market Share, 2022 & 2030

Chapter 8. Environment Health & Safety (EHS) Market: Competitive Analysis

8.1. Recent Developments & Impact Analysis, By Key Market Participants

8.2. Company Categorization

8.3. Participant’s Overview

8.4. Financial Overview

8.5. Product Benchmarking

8.6. Company Market Positioning

8.7. Company Market Share Analysis

8.8. Company Heat Map Analysis

8.9. Strategy Mapping

For more information about this report visit https://www.researchandmarkets.com/r/tkixgz

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