Market Highlights
Organizations are continuously under the pressure of reducing the pollution causing unfavorable impact on the environment owing to their production processes and services. Enterprises look forward to protecting their brand value and image and constantly plan to demonstrate their business practices in a socially responsible and acceptable manner. There are a few departments in organizations working towards reducing and preventing accidents and ensure better health and safety for their employees. Hence, organizations and clubbing with EHS providers to support various functions in their organization. For instance, Gensuite, a company providing support of EHS solutions, partnered with Duracell, an innovator of renewable energy, to launch EHS solutions across its organization to ensure user satisfaction coupled with crisis management, maintenance support, and sustainability.
The global EHS Market is projected to reach approximately USD 8.09 billion at a CAGR of ~11.50% by the end of the forecast period 2018–2023
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Key Players:
The prominent players in the EHS market 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 the EHS market. These players keep innovating and investing in research and development to present cost-effective offerings in the market. Additionally, mergers and acquisitions among the various players is changing the market structure.
Segmental Analysis:
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.
Regional Analysis:
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
Continued…
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