Global Environmental Consulting Services Industry to 2028 – By Service Type, Media Type, Vertical & Geography – ResearchAndMarkets.com


DUBLIN – (BUSINESS WIRE)–The “Environmental Consulting Services Market Forecast to 2028 – Impact of COVID-19 and Global Analysis by Service Type, Support Type and Vertical” the report was added to ResearchAndMarkets.com from offer.

The environmental consulting services market is expected to grow from USD 34,365.5 million in 2020 to USD 50,974.7 million by 2028; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.

Environmental consultants include various disciplines such as contaminated land, energy, geotechnics, environmental management systems, green claims, compliance, impact assessment, flood risk, management of asbestos, radon and carbon. In addition, due to global population growth and increasing demand for single-family homes, the residential construction industry has started to gain momentum in recent years after weak growth in recent years. Thus, the growth of residential construction increases the need for an efficient water management system, which increases the demand for environmental consulting services. Residential wastewater represents a significant portion of the total wastewater volume of a city / area. Due to the constant growth in population, countries in Asia and the Middle East have seen an increase in the number of residential construction projects in recent years, which in turn has created a significant demand for a system appropriate water and waste management. .

Based on the type of service, the licensing and compliance segment grows with the highest CAGR in the global environmental consulting services market in 2020. With growing concerns for environmental conservation, governments and companies around the world are actively exploring sustainable solutions for their operations, in order to reduce their environment. footprint. Since large companies have the supply chain spread across multiple regions, they have to comply with various regulatory laws that exist in different regions. Governments offer various benefits in the form of grants and tax benefits to companies that invest in appropriate solutions. Thus, companies approach environmental consulting firms to maximize the return on their investments by evaluating investments and performing audits. By media type, the market is segmented into water management, waste management and others.

Likewise, on the basis of vertical, the market is segmented into energy and utilities, chemical and petroleum industries, manufacturing and processing industries, transportation and construction industries, etc. In terms of geography, in 2020 the fastest growing global environmental consulting services market is in APAC. Asia-Pacific has a growing economy, which leads to the growth of a wide variety of sectors, such as infrastructure, manufacturing, and technology. Almost 60% of the world’s population lives in Asia-Pacific, with China and India being the most populous countries. More than 2 billion people live in urban areas, which increases the demand for several new constructions. In addition, many cities in the region are technology hubs, increasing the number of businesses expanding into the region, leading to the construction of new commercial buildings and the reconstruction of older buildings in areas. larger spaces. All of these factors are driving the growth of the environmental consulting services market.

The COVID-19 outbreak has severely affected the manufacturing, energy and utilities, chemical and petroleum, and transportation and construction industries. Amid the emergence of a pandemic epidemic across the world, due to lockdown scenarios, industry experts analyze the industry would face at least a quarter of a delay in the equipment supply chain electronics that efficiently manage the waste generated in these industries. The epidemic pandemic is expected to create tremors until mid-2021. Electronic equipment and related services are expected to accelerate sooner, as governments around the world have gradually lifted various lockdown measures to revive the economy.

Reasons to buy

  • Save time and reduce time in entry-level research by identifying growth, size, leading players and segments in the global Environmental Consulting Services Market

  • Highlights key business priorities to help companies realign their business strategies

  • The key findings and recommendations highlight crucial progressive industry trends in the global Environmental Consulting Services Market, thereby enabling value chain players to develop effective long term strategies.

  • Develop / modify business expansion plans using a substantial growth offering in developed and emerging markets

  • Take an in-depth look at the global market trends and outlook, as well as the factors driving the market as well as those hindering it

  • Improve the decision-making process by understanding the strategies that underpin the business interest with respect to customer products, segmentation, pricing and distribution

Market dynamics

Conductors

  • Growing industry awareness of environmental impact

  • Government regulations for environmental protection

Constraints

  • Lack of focus on regulatory compliance

Opportunities

  • Use of renewable technologies for a cleaner and greener environment

Future trends

  • Move from traditional consulting to cloud-based consulting

Companies mentioned

  • AECOM Inc.

  • Jacobs Engineering Group Inc.

  • Arcadis NV

  • Bechtel Corporation

  • John Wood Group PLC

  • ERM Group, Inc.

  • Tetra Tech Inc.

  • ANTEA GROUP

  • Stantec Inc.

  • Ramboll Group

  • SLR Consulting

  • Golder Associates Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/ayqukx.

Previous Chinese Company's COVID-19 Drug Claims Arouse Skepticism
Next Burning chest sensation and COVID-19: an emergency symptom