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Environmental Consulting Services Industry Size, $ 50,974.7 Million by 2028 Led by On-Premises Deployment, 5.4% CAGR - Exclusive Research Report by The Insight Partners

09-12-2022 08:22 PM CET | IT, New Media & Software

Press release from: The Insight Partners

The Insight Partners Published latest research study on "Environmental Consulting Services Industry Forecast to 2028 - COVID-19 Impact and Global Analysis By Service Type (Investment Assessment & Auditing, Permitting & Compliance, Project & Information Management, Monitoring & Testing, and Others), Media Type (Water Management, Waste Management, and Others), and Vertical (Energy & Utilities, Chemical & Petroleum, Manufacturing & Process Industries, Transportation & Construction Industries, and Others) The environmental consulting services Industry was valued at US$ 34,365.5 million in 2020 and is projected to reach US$ 50,974.7 million by 2028; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.

Environmental consulting services are conduct environmental impact assessments, obtain clearances for new projects, and implement environmental management plans. The environmental impact assessment is for the development projects such as infrastructural projects, townships, commercial buildings, and industrial projects. Environmental auditing is being done for evaluating remediation technology options for obtaining clearances from the government regarding the project. Environmental management plans comprise developing, implementing, and monitoring plants for occupational health and safety management systems audit, analysis, and hazard and operability studies. Moreover, environmental consulting services offer various services such as investment assessment and auditing, permitting & compliance, project & information management, monitoring & testing, and others such as design, pollution prevention, and others. These services are used in several media types, such as water management, waste management, and others such as air quality, soil, natural resources, and renewable energy. The industries that majorly use environmental consulting services are energy & utilities, chemical & petroleum, manufacturing & process industries, transportation & construction industries, and others, including government & regulators. Moreover, despite having several stringent environment protections acts in effect, there is a high percentage of companies that are contributing to different forms of pollution, by emitting or discharging waste at levels much higher than the limits prescribed by regulatory bodies.

The Sample Pages Showcases Content Structure and Nature of Information Included in This Research Study Which Presents A Qualitative and Quantitative Analysis: https://www.theinsightpartners.com/sample/TIPTE100000749/?utm_source=OpenPR&utm_medium=10365

Impact of COVID-19 Pandemic on Environmental Consulting Services Industry
The COVID-19 outbreak has severely impacted the manufacturing, energy & utilities, chemical & petroleum, and transportation & construction industries. Amid the emergence of outbreak pandemic across the world, owing to the lockdown scenarios, the industry experts analyze that the industry would face at least a quarter of lag in electronics equipment supply chain that efficiently manage the waste generated in these industries. The outbreak pandemic is expected to create tremors through till mid-2021. The electronics equipment and associated services are likely to pick up pace sooner as governments across the world lifted the various containment measure steadily to revive the economy. The environmental consulting service providers are anticipated to gain pace by the end of 2021, which is further foreseen to positively influence the manufacturing units across different industries.

Rising Awareness in Industries Regarding Environmental Impact
Awareness regarding the protection of environment is increasing in industries. Companies are hiring environmental consultancies for preparing reports of their existing and future projects, along with determining their impact on environment. The rise in revenues is one of the key factors enabling companies to adopt inorganic growth strategies such as acquisitions and expansions for expanding their presence in the global Industry. For setting up their plant in at new locations, they need to get a clearance from the respective government authorities, for which they must present a report based on the conditions of the land and the impact of the construction and the plant on the surrounding environment. Therefore, this companies are increasingly hiring environmental consultancies for their environmental impact assessment.

Service Type-Based Industry Insights
Based on service type, the global environmental consulting services Industry is segmented into investment assessment and auditing, permitting and compliance, project, and information management, monitoring and testing, and others. With augmenting concerns regarding environmental conservation, governments and corporates across the world are actively exploring sustainable solutions for their operations to reduce their environmental footprint. As large enterprises have the supply chain spread across various multiple regions, they need to comply with various regulatory laws existing in different regions. Governments are offering various benefits in form subsidies and tax benefits for business investing in suitable solutions. Thus, businesses approach environmental consulting firms to maximize returns on their investments by assessing investments and carrying out audits.

Have A 15-Minute-Long Discussion with The Lead Research Analyst and Author of The Report in A Time Slot Decided by You. You Will Be Briefed About the Contents of The Report and Queries Regarding the Scope of The Document Will Be Addressed as Well: https://www.theinsightpartners.com/speak-to-analyst/TIPTE100000749/?utm_source=OpenPR&utm_medium=10365

Environmental Consulting Services Industry Segmentation:

By Service Type
• Investment Assessment & Auditing
• Permitting & Compliance
• Project & Information Management
• Monitoring & Testing
• Others

By Media Type
• Water Management
• Waste Management
• Others

By Vertical
• Energy & Utilities
• Chemical & Petroleum
• Manufacturing & Process Industries
• Transportation & Construction Industries
• Others

Environmental Consulting Services Industry-Company Profiles
• AECOM Inc.
• Jacobs Engineering Group Inc.
• Arcadis N.V.
• Bechtel Corporation
• John Wood Group PLC
• ERM Group, Inc.
• Tetra Tech Inc.
• ANTEA GROUP
• Stantec Inc.
• Ramboll Group

Immediate Delivery of Our Off-The-Shelf Reports and Latest Research Studies, Through Flexible and Convenient Payment Methods: https://www.theinsightpartners.com/buy/TIPTE100000749/?utm_source=OpenPR&utm_medium=10365

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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