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Environmental Consulting Services Global Market Report 2022

Environmental Consulting Services Global Market Report 2022

  • December 2021
  • 300 pages
  • ID: 4280975
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major companies in the environmental consulting services market include Jacobs Engineering Group Inc., Tetra Tech Inc., Arcadis NV, Sweco AB, Stantec Inc., John Wood Group PLC, Suez Environnement SA, Environmental Resources Management, WSP Global Inc. and Ramboll Group A/S .

The global environmental consulting services market is expected to grow from $56.39 billion in 2021 to $63.03 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $93.61 billion in 2026 at a CAGR of 10.4%.

The environmental consulting services (ECS) market consists of the sales of environmental consulting services and related goods by entities (organizations, sole traders and partnerships) that provide advice, assistance, and action plans to organizations and governments to manage their environment.It includes the prevention of environmental contamination, toxic substances, security consulting, waste management, and pollution control.

Environmental consulting services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.

The main types of environmental consulting services are site remediation consulting services, other environmental consulting services, water and waste management consulting services, environment management, and compliance and due diligence.Site remediation consulting services provide advice and assistance to businesses and other organizations on activities such as the control of environmental contamination from pollutants, toxic substances, and hazardous materials.

These services are used by various sectors such as mining, manufacturing & process industries, energy and utilities, government and regulators, infrastructure and development, and others. The different service providers include large enterprise, small and medium enterprise.

North America was the largest region in the environmental consulting services market in 2021.Western Europe was the second largest region in the environmental consulting services market.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Sustainable development refers to the economic growth of a country or region, without or with minimum depletion of natural resources.The United Nations Organization established Sustainable Development Goals for all its members with an agenda to ensure responsible growth to 2030.

These goals include ensuring availability and equitable access to drinking water, improving water quality by reducing pollution and preventing dumping of hazardous waste, building safe and resilient infrastructure, integrating measures to tackle climate change in national policies, and the promotion of sustainable use of marine and terrestrial resources. Investments in meeting these targets is expected to drive demand for the services of environmental services companies.

Environmental consulting companies are increasingly promoting the utilization and installation of IoT technologies that can help enterprises and governments monitor and conserve the environment.For instance, environmental sensors measure pollution causing particles in air and water, thereby monitoring air or water quality.

They also detect radiations and hazardous chemicals in the environment.IoT technologies can also offer efficient solutions for waste collection and disposal.

Smart waste collection systems could help track waste levels in garbage bins, provide transport optimization and operational analytics, thereby saving on government assets and minimum fuel consumption.

The outbreak of Coronavirus disease (COVID-19) has acted as a restraint on the environmental consulting services market in 2020 as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services.COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.

The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia.Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of ’lock down’ and the outbreak had a negative impact on businesses throughout 2020 and into 2021.

However, it is expected that the environmental consulting services market will recover from the shock across the forecast period as it is a ’black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy.

The countries covered in the environmental consulting services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

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