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Europe Environmental Consulting Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type, Media Type, and Vertical

Europe Environmental Consulting Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type, Media Type, and Vertical

  • June 2021
  • 167 pages
  • ID: 6103176
  • Format: PDF
  • The Insight Partners

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The environmental consulting services market in Europe is expected to grow from US$ 8,356.29 million in 2021 to US$ 11,954.86 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028. Awareness regarding the protection of environment is increasing in industries. Companies are hiring environmental consultancies for preparing reports of their existing and future projects, along with determining their impact on environment. The rise in revenues is one of the key factors enabling companies to adopt inorganic growth strategies such as acquisitions and expansions for expanding their presence in the Europe market. For setting up their plant in at new locations, they need to get a clearance from the respective government authorities, for which they must present a report based on the conditions of the land and the impact of the construction and the plant on the surrounding environment. Therefore, this companies are increasingly hiring environmental consultancies for their environmental impact assessment. Additionally, the rising adoption of renewable technologies for cleaner and greener environment is among the other factors expected to fuel the demand for environmental consulting services in Europe during the forecast period.
Based on media type, the others segment led the Europe environmental consulting services market in 2020.The others segment comprises air quality, soil, natural resources, and renewable energy management.

Compliance with the existing as well as new government rules related to air quality is a major part of doing business.Also, the organizations need to determine the future of the company for determining the greenhouse emissions practices for controlling or reduction.

Environmental consultancies provide greenhouse emission testing and monitoring services along with suggesting action plans to the organizations based on the environmental impact assessment report generated.
Owing to the COVID-19 outbreak, electronics equipment manufacturing and sales has been affected massively.The outbreak restricted the supply chain in various countries in Europe.

The member states of Europe such as Italy, Spain, and Germany implemented drastic measures and travel restrictions to limit the spread of COVID-19 among their citizens.European countries represent a major share in the market as Europe has the highest environmental safety standards in world.

However, due to COVID-19 outbreak, the manufacturing of various electronics devices and associated environmental consulting services equipment’s witnessed a sharp decline in European countries and are expected to be under stress in 2020, and they will require time to stabilize. Furthermore, the recent imposition of containment measure owing to the outbreak of newly mutated strain is expected to hamper the growth of the environmental consulting services market in Europe till first two quarters of 2021.
The overall Europe environmental consulting services market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the Europe environmental consulting services market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe environmental consulting services market. AECOM; Antea Group; Arcadis N.V.; Bechtel Corporation; ERM Group, Inc.; Golder Associates; Jacobs Engineering Group Inc.; John Wood Group PLC; Ramboll Group A/S; SLR Consulting; Stantec Inc.; and Tetra Tech Inc. are among the key players operating in the market.

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