Global EHS Marketwas valued US$ 4.86 Bn in 2019 and is estimated to reach US$ XX Bn by 2026 at a CAGR of XX %.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Global EHS Market
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Global EHS Market Dynamics:
The global EHS market is segmented by component, services, software, vertical, and region. Based on the component, the EHS market is categorized into services and software. Based on services the EHS market is classified into project deployment implementation services, analytics services, audit, assessment and regulatory compliance services, business consulting advisory services, certification services, and training support services. On the basis of software, the market is divided into quality risk assessment, data analytics, cost management, environmental compliance, energy carbon management, others. A vertical segment has been categorized into chemicals materials, energy utilities, construction engineering, healthcare, food beverage, food beverages, and government defense among others. Region wise it is divided into North America, Europe, Asia Pacific, Middle East Africa and Latin America.
The key factor that has contributed to the market growth of environmental health and safety is the rising strict laws, regulations, guidelines, and processes regarding the safety of the environment. There are various regions where these rules and regulations are implemented majorly the countries that have numerous chemical industries. Various companies are increasingly investing in the deployment of environmental health and safety (EHS) tools. There have been many incidences in which harmful chemicals have affected human life and environment. Since then, the governments of different regions have become stricter in the implementation of the rules and regulation in the chemical industry. Thus, the demand of the EHS tools has increased drastically.
In terms of services, project deployment implementation services are provided during the deployment and implementation of EHS solutions. The successful implementation of EHS solutions requires a thorough review of the organizational structure and processes, accurate migration of legacy data, and a well-organized deployment plan.
Based on vertical, the construction engineering vertical is estimated to grow at the highest CAGR during the forecast period. For every organization, worker safety is critical; however, there is a high requirement for safety in the construction and engineering vertical. The construction and engineering vertical includes 5 major solutions, namely, incident management, audit and inspection, waste management, on-demand training, and compliance management.
Global EHS Market Regional Analysis:
In terms of region, the North America region is expected to hold the largest market size in 2019. The major reason behind the strong growth of the EHS market in North America can be attributed to the stringent rules and regulations followed by the US and Canada governments. The major global implementation of the software and services is carried out in this region. This dominance will continue in the coming years due to the factors such as development in the energy and chemical industry and the stringent regulations that are implemented by the government in this region.
Global EHS Market, Key Highlights:
Global EHS Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global EHS Market
Global EHS Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
Global EHS Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
Global EHS Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global EHS Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
The Scope of the Global EHS Market: Inquire before buying
Global EHS Market by Component
Service
Software
Global EHS Market by Services
Business Consulting Advisory Services
Analytics Services
Audit, Assessment, Regulatory Compliances
Project Deployment Implementation Services
Certification Services
Training Support Services
Global EHS Market by Vertical
Energy Utilities
Chemical Materials
Food Beverages
Construction Engineering
Government Defense
Healthcare
Others
Global EHS Market by Software
Quality Risk Assessment
Cost Management
Data Analytics
Energy Carbon Management
Environmental Compliance
Others
Global EHS Market by Geography
North America
Europe
Asia Pacific
Middle East Africa
Latin America
Global EHS Market, Key Players
Enablon
Gensuite
Enviance
Sitwhawk
ETQ
Intelex
SAP
Velocityehs
Verisk 3E
Cority
Sphera Solutions
Optial
3E Company
IHS Inc.
International Finance Corporation
UL Llc.
Medgate Inc.
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Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
