October 11 2019
Market Research Future (MRFR) has announced a new release on the global environment, health, and safety (EHS) market. The report looks into the market’s historical growth pattern and delivers a complete overview of the market’s likely growth trajectory over the 2018-2023 forecast period. According to the report, the global environment, health, and safety market is expected to rise at a CAGR of 11.50% over the 2018-2023 forecast period, reaching a value of USD 8.09 billion.
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The environment, health, and safety market has been driven primarily by the growing awareness regarding the importance of environmental protection and the growing awareness regarding workplace safety. Increasing number of accidents in workplaces have led to the formulation of strict health and safety policies, especially in industries such as energy and chemicals, where accidents can be highly dangerous. At the same time, environmental protection has become a major feature of all industrial activities in recent years and is likely to remain a major target for companies operating in all verticals in the coming years, due to the strict government regulations being put in place to ensure the environmental viability of industrial processes. This is likely to be the major driver for the global environment, health, and safety market over the forecast period.
The global EHS Market is segmented on the basis of component, service, vertical, and region.
By component, the global environment, health, and safety market is divided into solutions and services.
Of these, the services market is further categorized into project deployment and implementation services, regulatory compliance services, assessment, audits, business consulting and advisory services, certification services, data analytics services, and training and support services.
By vertical, the global environment, health, and safety market is segmented into chemicals and materials, energy and utilities, construction and engineering, government and defense, healthcare, food and beverages, and others such as IT & telecom, automotive, and retail.
The prominent players in the market of EHS are – SAP (Germany), EtQ (US), Gensuite (US), Enablon (US), Intelex (Canada), Enviance (US), Verisk 3E (US), Sphera Solutions (US), Cority (Canada), and VelocityEHS (US).
Optial (UK), and SiteHawk (US) are among the other players in this market.
The global environment, health, and safety market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the world.
Of these, North America is the leading regional market for environment, health, and safety technologies and measures and is likely to remain in the dominant position over the coming years. North American countries such as the U.S. and Canada have been the pioneers in developing new technology in EHS management, leading to their dominant role in the global environment, health, and safety market. The widespread industrialization and steady technological advancement in industrial processes in North American countries is also likely to drive the environment, health, and safety market in the region.
APAC is also likely to be a major player in the global environment, health, and safety market in the forecast period, as the development of new technologies has picked up steam in countries such as China and India, while rapid industrialization in countries such as China, India, Thailand, Japan, Korea, Australia, Indonesia, and Malaysia has also increased the scope for the environment, health, and safety market in the region.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.1.5 Bargaining Power Of Suppliers
4.2 Value Chain/Supply Chain Of Environment, Health, And Safety Market
Know More about this Report @ https://www.marketwatch.com/press-release/environment-health-and-safety-ehs-market-2019-global-industry-size-opportunities-emerging-trends-business-strategy-segmentation-competitive-landscape-future-plans-and-regional-forecast-2023-2019-05-29
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