EHS(환경, 보건, 안전) 시장 전망(-2030년) : 구성요소별, 배포 형태별, 최종 사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Environment Health & Safety Market is accounted for $7.3 billion in 2023 and is expected to reach $13.5 billion by 2030 growing at a CAGR of 9.2% during the forecast period. The phrase "environmental health and safety" (EHS) defines the range of measures used by companies to safeguard their workers, clients, and the environment from potential damage. EHS covers everything, from monitoring employee wellness initiatives to ensuring that OSHA requirements are followed. The EHS covers consulting services for implementing best practices, conducting audits, and ensuring compliance with local, national, and international regulations governing workplace safety and environmental protection.

According to the Microsoft and PwC, the deployment of AI can decrease global GHG emissions by 4% in 2030. According to the National Safety Council, over 60% of the CFOs reported that each USD 1 invested in injury prevention at the workplace returned USD 2 or more in 2017.

Market Dynamics:

Driver:

Increasing public concern about environmental issues

As communities become increasingly aware of the detrimental impacts of pollution, climate change, and industrial hazards, there's a growing demand for robust EHS solutions. This heightened awareness has prompted governments to enact stricter regulations, compelling industries to prioritize environmental sustainability and employee safety. Consequently, businesses are investing more in comprehensive EHS programs to comply with regulations, mitigate risks, and safeguard their reputation. Moreover, consumers are favoring eco-friendly and socially responsible companies, pushing organizations to integrate sustainability practices into their operations.

Restraint:

Regulatory compliance costs

Adhering to stringent environmental, health, and safety regulations often necessitates substantial financial investments from businesses. These costs encompass not only direct expenditures on equipment, training, and personnel but also indirect expenses related to compliance monitoring, reporting, and legal fees. Moreover, as regulations evolve and become more complex, companies may face ongoing expenses to keep pace with new requirements. For smaller organizations or those operating on tight budgets, these compliance costs can be particularly burdensome and may divert resources away from other critical areas of operation.

Opportunity:

Technological advancements

Innovations such as IoT (Internet of Things) sensors, AI (Artificial Intelligence), machine learning, and data analytics empower organizations to monitor environmental conditions in real-time, predict potential hazards, and proactively implement preventive measures. This technology also facilitates the collection and analysis of vast amounts of data, allowing companies to identify trends, patterns, and areas for improvement in their EHS practices. Additionally, advancements in communication and collaboration tools enhance stakeholder engagement and enable more effective regulatory compliance.

Threat:

Resistance to change

This resistance often stems from various factors, including organizational inertia, fear of the unknown, and reluctance to invest in new systems or processes. In many industries, established practices and procedures may be deeply ingrained, making it challenging to implement new EHS initiatives effectively. However, employees and stakeholders may resist change due to concerns about job security, perceived disruptions to daily operations, or lack of understanding about the benefits of EHS improvements.

Covid-19 Impact:

Initially, the outbreak led to disruptions in the EHS sector as businesses focused on immediate crisis management rather than long-term sustainability efforts. As the pandemic unfolded, it catalyzed a heightened awareness of health and safety concerns, leading to increased investments in EHS solutions. Companies prioritized measures to ensure workplace safety, including implementing remote monitoring technologies, enhancing sanitation protocols, and enforcing social distancing measures. Additionally, the crisis underscored the importance of resilience and preparedness in the face of global health threats, driving organizations to adopt more robust EHS strategies and solutions.

The software segment is expected to be the largest during the forecast period

Software segment is expected to hold the largest share of the market throughout the projection period. These software solutions encompass a wide range of functionalities, including risk assessment, compliance management, incident reporting, and data analytics. By leveraging automation, artificial intelligence, and machine learning algorithms, EHS software enables organizations to identify potential hazards, mitigate risks, and ensure regulatory compliance more effectively and efficiently than ever before.

The On-Premise segment is expected to have the highest CAGR during the forecast period

On-Premise segment is estimated to witness the highest CAGR during the forecast period due to its ability to offer tailored solutions meeting specific organizational needs while ensuring data security and compliance. By allowing companies to host EHS software and systems within their own infrastructure, On-Premise solutions provide a level of control and customization that appeals to industries with stringent regulatory requirements or unique operational environments. Moreover, On-Premise offerings offer seamless integration with existing IT infrastructure, minimizing disruptions and maximizing efficiency.

Region with largest share:

North America region dominated the largest share over the extrapolated period. As the effects of climate change become more pronounced and widely acknowledged, governments, businesses, and individuals are placing greater emphasis on sustainability and environmental responsibility. This shift has led to increased regulations aimed at reducing carbon emissions, minimizing environmental pollution, and promoting eco-friendly practices across industries. Consequently, organizations are investing in EHS solutions to ensure compliance with these regulations, mitigate environmental risks, and enhance their sustainability credentials.

Region with highest CAGR:

Europe region is poised to hold profitable growth throughout the overcast period. With increasing concerns over environmental degradation, public health, and safety, governments across Europe have implemented stringent regulations to ensure compliance with environmental and occupational safety standards. These regulations mandate companies to adopt EHS solutions and practices to minimize risks, reduce pollution, and enhance workplace safety. Additionally, European governments are incentivizing businesses to invest in sustainable practices through tax benefits and grants, further fueling the demand for EHS solutions.

Key players in the market

Some of the key players in Environment Health & Safety market include Enablon, ERM Group, Inc, Intelex Technologies, International Finance Corp, Jacobs, John Wood Group PLC, Medgate Inc ProcessMAP, RPS Group, SAP SE, SGS SA, Sphera Solutions, Tetra Tech, Inc and VelocityEHS.

Key Developments:

In April 2023, Atlantic Technological University (ATU) and Ireland's Health and Safety Authority (HSA) united to launch an online Workplace Safety, Health and Welfare Induction. This induction is intended to help employers to provide induction to new employees. The online induction contains a suite of short awareness-raising courses that can be used in addition to workplace-specific training.

In February 2023, the collaboration between AECOM and its Office of Air and Radiation (OAR) took place. Development and execution of national initiatives related to radon, acid rain, climate change, etc., are the key objectives of this collaboration. This collaboration has been made possible by an analytical, environmental, technical, research, and hybrid contract.

Components Covered:

• Services
• Software
• Other Components

Deployment Modes Covered:

• On-Premise
• Cloud

End Users Covered:

• Energy & Mining
• Telecom & IT
• Chemicals
• Healthcare
• Construction
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Environment Health & Safety Market, By Component

• 5.1 Introduction
• 5.2 Services
  • 5.2.1 Project Deployment & Implementation
  • 5.2.2 Audit, Assessment & Regulatory Compliance
  • 5.2.3 Analytics
  • 5.2.4 Business Consulting & Advisory
  • 5.2.5 Other Services
• 5.3 Software
• 5.4 Other Components

6 Global Environment Health & Safety Market, By Deployment Mode

• 6.1 Introduction
• 6.2 On-Premise
• 6.3 Cloud

7 Global Environment Health & Safety Market, By End User

• 7.1 Introduction
• 7.2 Energy & Mining
• 7.3 Telecom & IT
• 7.4 Chemicals
• 7.5 Healthcare
• 7.6 Construction
• 7.7 Other End Users

8 Global Environment Health & Safety Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Enablon
• 10.2 ERM Group, Inc
• 10.3 Intelex Technologies
• 10.4 International Finance Corp
• 10.5 Jacobs
• 10.6 John Wood Group PLC
• 10.7 Medgate Inc ProcessMAP
• 10.8 RPS Group
• 10.9 SAP SE
• 10.10 SGS SA
• 10.11 Sphera Solutions
• 10.12 Tetra Tech, Inc
• 10.13 VelocityEHS