Environment, Health and Safety (EHS) Market Future Scope, Demands and Projected Industry Growths

SDKI Inc. published a new report on the Environment, Health and Safety (EHS) Market-Global Forecast 2030. This study includes the statistical and analytical approaches needed to grow the EHS market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-109557

The EHS market is estimated to reach a market value of approximately US $ 15.4 billion by 2030, from a market value of approximately US $ 7.3 billion in 2022, and is expected to grow at a CAGR of 11.1% during the forecast period.

Strict government regulations and guidelines, as well as increased awareness of EHS among employees and organizations, are expected to drive the growth of this market. Increasing accidents, especially in the mining, energy, construction and chemical industries, are also contributing to the growth of the global EHS market. In addition, increased end-user investment in EHS is expected to drive market growth. However, complex standards and regulations, poor implementation of regulations, and lack of corrective actions can limit the growth of the EHS market.

Market Segments

The EHS market is divided by solution, service (analysis, project deployment and implementation services, consulting and advisory services, auditing, evaluation, regulatory compliance services), industry (energy utility, healthcare), and region. .. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on service, the analytics services segment is expected to grow at a maximum CAGR during the forecast period.

Analytical services are rapidly being adopted in developing regions such as APAC, Latin America and MEA. These services help organizations aggregate data from multiple resources and analyze it to increase profit margins. Once the data is uploaded to the EHS analytics system, organizations can view the data in customizable dashboards, share the data with other organizations, and import the data into Excel sheets to create their own reports. Primarily, EHS analytics services are cloud-based and do not require these services to be connected to external hardware. Contractors, suppliers, and other stakeholders can view and report data with the help of analytics services. These factors are expected to contribute to the growth of this segment.

Based on the industry, the Energy Utilities segment is expected to have the largest market share in the EHS market during the forecast period.

In the MEA and APAC regions, the energy utility industry is expected to grow at a maximum CAGR during the forecast period. Due to the evolution of EHS laws, regulations, and standards, EHS solutions are being heavily adopted in the vertical direction. EHS solutions ensure regulatory compliance, mitigate operational risks, and quantify and report atmospheric emissions from utility or energy system processes. The EHS solution also includes sustainability tracking to handle customized KPIs and business indicators. In addition, the EHS solution includes an executive dashboard to help professionals manage environmental performance, onsite incidents, energy and utility usage.

Area overview

The EHS market is further subdivided based on region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, United Kingdom, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

The Asia Pacific region has witnessed significant growth and is projected to become the fastest growing region of the EHS market. Advanced and dynamic adoption of new technologies has been witnessed in the region and has always been a profitable market. The market in this region is expected to be the fastest growing region as the local government invests in the research and development of EHS solutions and services. In Japan and Australia, strict government regulations on worker safety and security have led to a large number of EHS solutions being adopted.

Key Players in the Market Key Players

in the EHS Market include SAP (Germany), Enabron (US), EtQ (US), Intelex (Canada), Gensuite (US), Enviance (US), Cority (Canada). , Verisk 3E (USA), VelocityEHS (USA), Optial (UK), Sphera Solutions (USA), SiteHawk (USA) and more. This survey includes a detailed competitive analysis of these major companies in the EHS market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/ehs-market/109557

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This release was published on openPR.