EHS Market report by MarketsandMarkets™ provides well-organized statistical overview on the basis of trends, market share, applications, growth factors & forecast.
According to a new market research report "Environment, Health and Safety Market by Solution, Service (Project Deployment & Implementation Service, Consulting & Advisory Service, Audit, Assessment, & Regulatory Compliance Service), Vertical (Energy & Utilities, Healthcare), and Region - Global Forecast to 2022" published by MarketsandMarkets™, the EHS Market expected to grow from USD 4.36 Billion in 2017 to USD 7.38 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period.
The major factors driving the growth of the Environment, Health and Safety Market include stringent government regulations and guidelines, and rising awareness about EHS among employees and organizations.
Browse in-depth TOC on "Environment, Health and Safety Market”
81- Tables
29- Figures
125- Pages
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The project deployment & implementation service segment is expected to hold the largest market size in 2017.
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. During the project deployment, these services help in reviewing the organizational structure and configuring site-specific profiles with proper roles and permissions based on unique EHS processes.
The construction & engineering vertical is projected to grow at the highest CAGR during the forecast period.
For every organization, worker safety is critical; however, there is high requirement for safety in the construction and engineering vertical. Companies need to provide workers with proper training, conduct regular safety inspections, and identify and eliminate site hazards. The construction and engineering vertical includes 5 major solutions, namely, incident management, audit and inspection, waste management, on-demand training, and compliance management.
The North America region is estimated to hold the largest market size in 2017.
The major reason behind the strong growth of the Environment, Health and Safety Market in North America can be attributed to the stringent rules and regulations followed by the US and Canada governments. The EHS department of the US is responsible for the development and implementation of safety programs intended at protecting the safety and well-being of federal, state, and local occupational safety and health and environmental regulations. The EHS department manages chemical safety, occupational safety, biosafety, industrial hygiene, hazardous waste, asbestos, radon, and indoor air quality programs.
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Major vendors in the EHS Market include SAP (Germany), Enablon (US), EtQ (US), Intelex (Canada), Gensuite (US), Enviance (US), Cority (Canada), Verisk 3E (US), VelocityEHS (US), Optial (UK), Sphera Solutions (US), and SiteHawk (US).
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Environmental Health and Safety (EHS) refers to a department in an organization which is solely engaged in activities related to health and safety.
The EHS looks after all the undue causes which can affect the environment and risk workers life.
The EHS follows all the best practices in order to eliminate the probability of occurring accidents.
Rise in accidents at many places and sites such as at mining, oil and gas and chemical plants is a reason for rising demand of environmental health and safety market.Market Analysis: Global EHS MarketGlobal EHS market is estimated to register a substantial CAGR in the forecast period of 2019-2026.
This rise in market value can be attributed to the rise in investments by end-users, stringent government regulations and guidelines and increase in number of accidents such as at mining, oil and gas and chemical plants and many more.Top Market Competitors:Few of the major competitors currently working in the global EHS market are SAP SE, Enablon, EtQ LLC, Intelex, Gensuite, Enviance, Verisk 3E, VelocityEHS, Optial UK Ltd, Sphera, SiteHawk LLC, IBM Corporation, ProcessMAP, Tetra Tech, Inc, Golder Associates, Edwards health care services, AECOM, Cority, Intelex Technologies, UL LLC and othersSegmentation: Global EHS MarketGlobal EHS Market By Component (Solution, Service)Verticals (Energy & Utilities, Chemicals & Materials, Healthcare, Construction & Engineering, Chemicals & Material, Food & Beverage, Government & Defense, Others)Application (Wastewater Management, Medical & Pharmaceutical Waste Management, Industrial Waste Management)Geography (North America, South America, Europe, Asia-Pacific and Middle East & Africa)Market Drivers:Increase in number of accidents such as mining, oil and gas and chemical plants would enhance the market growthStringent government regulations and guidelines can act as a catalyst for the market growthRise in investments by end-users may boost the growth of this marketIncrease in awareness among organizations and employees regarding EHS can expand the market growthMarket Restraints:Lack of appropriate actions and standards might act as a hindrance to the market growthPoor implementation of regulations could shrink the market growthComplexity in auditing services acting as a threat for this market The Detailed statistical analysis data is given or represented in Tabular format, Pie Charts, Graphs.
Get Free Sample Report Copy of EHS Market @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-ehs-market Competitive AnalysisGlobal EHS market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
According to a new market research report "EHS Market by Component, Service (Project Deployment and Implementation, Business Consulting and Advisory, Audit, Assessment, Regulatory Compliance), Deployment Mode (Cloud, On-Premises), Vertical, and Region - Global Forecast to 2024" published by MarketsandMarkets™, the Environment, Health, and Safety (EHS) market size expected to grow from USD 5.3 billion in 2019 to USD 8.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.To reach new levels of efficiency, accuracy, and security, organizations need real-time visibility and stability in business operations.
The increasing business demand to enhance operational efficiency and stability is expected to make EHS a dominant model for organizations across all verticals in the near future.Browse in-depth TOC on "EHS Market”122- Tables26- Figures161- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59608773Solution segment to account for the largest market size during the forecast periodThe EHS solution helps small to large enterprises manage incidents and maintain compliance across operational processes.
It further assists organizations to comply with existing health and safety rules and regulations.
These features include environmental and occupational health management, energy and water management, waste management, air quality and compliance management, safety management, incident management and risk management, fire safety, and inventory management.The energy and utilities vertical to account for the largest market size during the forecast periodThe energy and utilities vertical has witnessed significant adoption of EHS solution because of the evolving EHS laws, regulations, and standards.
The energy and utilities vertical primarily includes natural gas, oil, nuclear power, coal, renewable energy, electricity, water, waste, and recycling sectors.North America to account for the highest market share during the forecast periodNorth America accounts for the highest market share in the EHS market.
The country leads in the adoption of EHS solution and services along with offering great opportunities for the overall growth of the EHS market.
According to a research report "EHS Market by Component, Service (Project Deployment and Implementation, Business Consulting and Advisory, Audit, Assessment, Regulatory Compliance), Deployment Mode (Cloud, On-Premises), Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets™, the Environment, Health, and Safety (EHS) market size expected to grow from USD 5.3 billion in 2019 to USD 8.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period.To reach new levels of efficiency, accuracy, and security, organizations need real-time visibility and stability in business operations.
It further assists organizations to comply with existing health and safety rules and regulations.
These features include environmental and occupational health management, energy and water management, waste management, air quality and compliance management, safety management, incident management and risk management, fire safety, and inventory management.The energy and utilities vertical to account for the largest market size during the forecast periodThe energy and utilities vertical has witnessed significant adoption of EHS solution because of the evolving EHS laws, regulations, and standards.
The energy and utilities vertical primarily includes natural gas, oil, nuclear power, coal, renewable energy, electricity, water, waste, and recycling sectors.North America to account for the highest market share during the forecast periodNorth America accounts for the highest market share in the EHS market.
The country leads in the adoption of EHS solution and services along with offering great opportunities for the overall growth of the EHS market.
Increasing government initiatives and programs are expected to drive the EHS market across North America.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=59608773The major EHS market vendors include Enablon (France), VelocityEHS (US), Intelex (Canada), Gensuite (US), Cority (Canada), Quentic (Germany), Sphera (US), Enviance (US), ETQ (US), UL (US), SAP (Germany), DNV GL (Norway), SAI Global (US), Verisk 3E (US), Dakota Software (US), ProcessMAP (US), IsoMetrix (South Africa), Airsweb (England), SafetyCulture (Australia), ProntoForms (Canada), and Enhesa (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Market ScenarioEnvironment, health, and safety (EHS) is the study of safety and protection in the work environment.
This discipline ensures that organizations work in an environmental-friendly manner, causing no harm to the environment or individuals.
EHS department in an organization is concerned with safety at workplace, environmental protection, occupational safety and health, and best practices.
There are several safety programs, practices, and training sessions conducted by organizations to implement EHS.The major drivers for the EHS Market is the increasing awareness about environment, health, and safety among organizations and their employees.
This is owing to the growing number of accidents and emergencies caused at workplace.
This ensures the development of the technology with responsible science-based guidance, leading to the management of risk at workplace.
Reports and Data has published a new study on the Global Environment, Health, and Safety (EHS) Market comprising of exclusive insights, growth prospects, market size and share estimation, and opportunities.
Global Environment, Health, and Safety (EHS) Market report is a comprehensive and top-notch market report which offers the professionals and businesses critical insights into the market and industry.
The research study on the Environment, Health, and Safety (EHS) market provides a complete overview of the product portfolio, value chain analysis, revenue contribution, profit margins, and other major factors.
The report covers extensive analysis of the COVID-19 pandemic on the Environment, Health, and Safety (EHS) market and offers a current and future market outlook of the market with regards to the pandemic.To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/1561The Environment, Health, and Safety (EHS) market report begins with basic definitions, product descriptions, competitive landscape, market players, market segmentation, and regional bifurcation of the Environment, Health, and Safety (EHS) market.
The report further talks about the market scenario with regard to market drivers, restraints, opportunities, and growth prospects.
The report also talks about the market segmentation and offers insights into the segment showing promising growth over the forecast period.Top Leaders Operating in the Market are:Enablon,Intelex, SAP,ETQ,Enviance,Gensuite,Velocityehs,Cority,Verisk 3E and Sphera Solutions.Environment, Health, and Safety (EHS) Market Segmentation:Based on Product Type:SolutionsEnvironment ComplianceEnergy and carbon managementCost managementQuality and risk assessmentData analyticsServicesAuditingTesting and monitoringCertificationTrainingImplementationAnalyticsConsultingProject ManagementOthersBased on Application:Industrial Waste ManagementMedical & Pharmaceutical Waste ManagementWaste Water ManagementRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1561 The report talks about the key competitors with regard to their market size, product portfolio, manufacturing and production capacity, profit margins, revenue generation, regional spread, and research and development activities.
