San
Francisco 10 May 2019 The Report Environmental Health And Safety Market Analysis By Product (Software, Services), By
Application (Medical & Pharmaceutical Waste Management, Industrial Waste
Management, Waste Water Management), By End Use, And Segment Forecasts, 2018 -
2025
The global environmental health and safety market is expected to reach USD 96.18 billion by 2025, according
to a new report by Grand View Research, Inc. The increasing number of
regulations imposed by environmental protection and governmental agencies
worldwide is expected to be one of the major factors driving demand during the
forecast period.
Economic slowdown in several parts of the
globe has led to significant corporate restructuring, plant closures, and
mothballing. These business decisions are, however, made taking into
consideration the various environmental challenges posed by these decisions.
There is an increasing need for minimizing environmental liabilities and
eliminating long-term risks.
These factors have led several agencies and
governmental organizations to impose stringent compliance requirements across
industries, with regards to ecological conservation, and safety and health of
personnel. This trend is mainly being witnessed in the North American region,
followed by Asia Pacific.
There are various safety hazards in core
industries such as energy & mining, construction, etc., which pose several
challenges in the form of ecological contamination, injuries to personnel, and
personnel deaths. For instance, the oil & gas industry globally is faced
with hazards such as explosions, fires, vehicle accidents, and caught-in or
caught-between accidents caused by moving equipment, high-pressure lines, and
falling equipment.
As a result of the aforementioned factors,
companies across core industries such as chemicals, petrochemicals, energy
& mining, construction, manufacturing, healthcare, and telecommunications
are being increasingly pressurized to comply with the various regulations put
forth by governmental agencies to ensure environmental and worker health and
safety.
Access Research Report of Environmental Health And Safety
Market @ http://www.grandviewresearch.com/industry-analysis/environmental-health-and-safety-market
Further key findings from the report suggest
· The industrial application segment
accounted for over 55% of the overall market revenue in 2015, owing to the
growing compliance requirements in key industries such as oil & gas,
construction, manufacturing, and chemicals
· The demand for the service in energy &
mining is expected to grow at a CAGR of over 8% from 2016 to 2025, owing to
high regulatory compliance pertaining to work place safety in the industry
· The U.S. is the largest market for EHS as
of 2015, and is expected to continue its dominance through the forecast period,
projected to grow at a CAGR of over 8.5% from 2016 to 2025
· The growth of the oil & gas industry in
the country, along with the rapid recovery of the construction and
manufacturing industries, is expected to increase the demand for EHS solutions
in the U.S. during the forecast period
· Key participants in the industry, such as
HS&E Group, AECOM, EHS Data Ltd., and RPS Group are focusing on satisfying
stakeholder expectations, preservation on brand value, and efficient EHS
compliance, thereby moving towards centralized EHS management models
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/green-building-materials
Grand View Research has
segmented the global environmental health and safety market on the basis of
product, application, end-use and region:
Product Outlook (Revenue, USD Million, 2014
- 2025)
·
EHS Software
·
EHS Services
Application Outlook (Revenue, USD Million,
2014 - 2025)
·
Medical & Pharmaceutical Waste
Management
·
Industrial Waste Management
·
Waste Water Management
End Use Outlook (Revenue, USD Million, 2014
- 2025)
·
Chemical & Petrochemical
·
Energy & Mining
·
Healthcare
·
Telecom & IT
·
Construction
·
Manufacturing
·
Others
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Environmental Health And Safety Market@ https://www.grandviewresearch.com/press-release/global-environmental-health-and-safety-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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