Global Environmental Health & Safety System Market: Overview

Environmental health & safety (EHS) system is mainly used by companies to ensure employee safety and well-being at the workplace and to monitor environmental balance. Governing bodies and regional federal agencies are proactively implementing EHS across various industry verticals in order to adhere with environmental and occupational safety standards. The software solutions incorporated under EHS include quality & risk assessment, data analytics, cost management, environmental compliance, and energy & carbon management. Furthermore, the different EHS services include consulting, project management, analytics, training, implementation, auditing, and certification. Rising awareness about workplace and employee safety coupled with increasing environmental safety efforts have led the EHS market to grow at a substantial pace. The EHS market is expected to advance at a CAGR of 11.7% from 2019 to 2027 reaching a market size of US$ 11,500.5 Mn in 2027, up from US$ 4,729.3 Mn in 2019.

global environmental health safety market

Request a sample to get extensive insights into the Environmental Health & Safety System Market

Multiple statutory and legal requirements to maintain EHS safety standards

Some internationally acclaimed regulatory agencies ensure health & safety of employees and their work environment. These agencies include Occupational Safety and Health Administration (OSHA), Environmental Protection Agency (EPA) of the U.S, National Institutes of Health (NIH), The National Institute for Occupational Safety & Health (NIOSH), Nuclear Regulatory Commission, Department of Labor, New York City Department of Environmental Protection, Council on Certification of Health, Environmental and Safety Technologists (CCHEST), European Agency for Safety and Health at Work (EU-OSHA), and Mine Safety and Health Administration (MSHA).

A large number of developing economies have set up environmental institutions and regulatory regimes after being positively influenced by regulatory agencies in developed regions such as the U.S. and Europe

To understand how our report can bring difference to your business strategy, Ask for a brochure

For instance, China launched a law under the name Administration on the Control of Pollution Caused by Electronic Information Products (ACPEIP) which is similar to the European Union’s Restriction of Hazardous Substances (RoHS) directive.

The Work Health and Safety Act 2011 laid down by the Government of Australia proposes strict laws and amendments pertaining to occupational health and safety issues by imposing severe fines over its violations in Australia 

Stuck in a neck-to-neck competition with other brands? Request a custom report on Environmental Health & Safety System Market 

Environmental Health & Safety System Market Taxonomy

The EHS market is segmented on the basis of components, end-use industry, and geography. The components segment is classified on the basis of software solutions and services offered. EHS services dominated the global EHS component market and is further expected to maintain its position throughout the forecast period. EHS services have seen extensive deployment across large number of industry verticals globally and have proven to be beneficial.

Based on end-use industry, the market is segmented into chemical & petrochemical, energy & mining, construction, agriculture, transportation, manufacturing, government & public sector, retail, healthcare, and others. Globally, chemical & petrochemical industries have gained significance over the last few decades in major economies such as the U.S., GCC countries, China, Japan, Russia, and Brazil. The Organisation for Economic Co-operation and Development (OECD) is a dedicated intergovernmental organization protecting employee health and the environment by promoting chemical safety across the globe. Some of the member countries under OECD include the U.S., U.K., France, Germany, Mexico, and New Zealand.

Stuck in a neck-to-neck competition with other brands? Request a custom report on Environmental Health & Safety System Market  

Figure: Global Environmental Health & Safety System Market, by Competitive Landscape

Global Environmental Health & Safety System Market: Competitive Dynamics

Some of the major players in the global environmental health & safety system market are IHS Inc., 3E Company, International Finance Corporation, Enablon North America Corporation, SAP SE, UL LLC, and Medgate Inc.

TMR’s recent publication on the environmental health & safety market provides audiences with an overall market outlook, with the help of comprehensive assessment of the global market scenario. TMR’s study on the environmental health & safety market analyzes the industry with respect to the historical and current market scenario, which offers forecast for the period 2019–2027.

Report readers are able to make important decisions pertaining to their business with a wealth of information and exclusive environmental health & safety market insights enclosed in the study. The environmental health & safety market report also provides an in-depth understanding of the key industry trends and developments undertaken by players in the market. This TMR report is divided into different sections that allow readers to gain an individual understanding of the environmental health & safety market.

Key Queries Addressed in the Report

  • How much revenue is the environmental health & safety market expected to generate by the end of the forecast period?
  • Which environmental health & safety component is likely to generate the highest revenue by 2027?
  • What are the key growth indicators and market dynamics that are expected to drive the growth of the environmental health & safety market in the next five years?
  • Which regions are likely to provide profitable scope of opportunities for environmental health & safety market competitors?
  • What are the essential strategies incorporated by key environmental health & safety market players in an attempt to expand their market presence?

The first section in the TMR report on the environmental health & safety market begins with a premise that includes the report scope, market segmentation, and research highlights. Following this is the executive summary that emphasizes the environmental health & safety market aspects covered in the study. This section provides a brief understanding of the market elements, and enables readers to understand the aspects covered in the study. The report also includes market dynamics that offer an understanding of the market drivers, restraints, and opportunities.

The next section includes an extensive segmentation analysis of the environmental health & safety market. This evaluation includes the division of the environmental health & safety market segments on the basis of key factors such as component, end-use industry, and region. Further, an analysis of these key segments in the environmental health & safety market, year-on-year growth projections, and basis point share analysis are included in the report, which helps readers identify promising market growth areas.

The TMR study on the environmental health & safety market offers an assessment of the geographical landscape of the market. A regional study helps market competitors make important decisions pertaining to their business. Individualized, country-wise, and segment-wise analysis pertaining to individual regions helps readers of the environmental health & safety market report to decipher the potential of the market in various geographies. Supported by year-on-year growth projections, and global value and volume share, this section is a vital part of the report.

The study on the environmental health & safety market offers a holistic competitive value judgment, with the details of leading and emerging market players. The dashboard view of the competitors in the environmental health & safety market report allows readers to understand their business and the strategies implemented by key players, along with their performance in the market.

Research Methodology

The TMR report on the environmental health & safety market is based on a detailed estimation of the market, with the inclusion of comprehensive primary and secondary research inputs. Detailed investigation of the environmental health & safety market in terms of competitive scenario is supported by an individual-level examination of different avenues related to the industry. Also, an analysis of the historical and current global market for environmental health & safety is focused on key market segments, major regions, market drivers, and other qualitative inputs, which help TMR’s analysts derive crucial predictions and forecast analysis of the environmental health & safety market. Readers can access the environmental health & safety market study to gain a forecasted market analysis for the period 2019–2027.

Environmental Health & Safety Market: Segmentation

Component

Software

  • Quality & Risk Assessment
  • Data Analytics
  • Cost Management
  • Environmental Compliance
  • Energy & Carbon Management
  • Others

Services

  • Consulting
  • Project Management
  • Analytics
  • Training
  • Implementation
  • Auditing
  • Certification

End-use Industry

  • Chemical & Petrochemical
  • Energy & Mining
  • Construction
  • Agriculture
  • Transportation
  • Manufacturing
  • Government & Public Sector
  • Retail
  • Healthcare
  • Others

Region

  • North America
  • Latin America
  • Asia Pacific
  • Europe
  • Middle East & Africa

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Environmental Health Safety Market

Buy Now