Developed World Markets Still Dominate For Environmental Consultancy
Posted by praneeth on June 20th, 2018
Nearly three-quarters of all environmental consultancies' (ECS) 2017 revenues were earned in North America and Europe, a report from The Business Research Company shows, and these markets are continuing to grow as fast as or faster than the markets of Asia Pacific, South America, the Middle East and Africa. North America by itself accounts for over half the ECS industry's sales, while in both Eastern and Western Europe the markets are growing at twice the rate of any other region.
ECS growth has slowed in four regions out of seven - Eastern Europe, Western Europe, South America and the Middle East, though the fact that it has accelerated a tick in its biggest and third biggest markets of North America and Asia Pacific means that global growth has increased slightly.
Environmental consultancies provide advice, assistance, and action plans to organizations and governments to help them manage their environment. Services cover environmental issues such as prevention of environmental contamination and emission of toxic substances, site remediation, water and solid waste management and pollution control. A major source of revenues for the industry is compliance and due diligence services, and climate change and energy policy adherence services. These include services to businesses and other organizations for obtaining licenses as well compliance with government regulations. The environmental consultancies undertake environmental audits and quality assurance checks, conduct inspections, and help ensure companies comply with environmental laws, regulations and international standards.
The environmental consultancy market is quite fragmented, with the five largest companies together sharing 22.5% of the global total in 2017. Despite this fragmentation, the larger international firms do succeed in competing more successfully for contracts than smaller ones because of their full-service offerings and reputations. In response, many of the smaller international businesses have developed niche skills and expertise. Merger and acquisition activity in the last three years has been at a medium level. A high proportion of deals were carried out by smaller companies in regional markets. Leading deals have included those completed by AECOM, Wood Group, Stantec, Bernhard, and ATC Group.
Where To Learn More
Read the Environmental Consulting Services Global Market Report 2018 from The Business Research Company for information on the following:
Markets Covered: site remediation consulting services, water management consulting services, waste management consulting services, environment management, compliance and due diligence services, other services including sustainable business development, climate change and energy policy adherence services
Environmental Consultancy Service Companies Covered: AECOM, Amec Foster Wheeler, Tetra Tech, Environmental Resources Management, ARCADIS, WSP Global, Stantec, SWECO, Cardno, RPS Group, ICF International, Ramboll
Regions: North America, Asia Pacific, Western Europe, South America, Eastern Europe, Middle East, Africa.
Countries: USA, China, Japan, Germany, Brazil, France, Italy, UK, Australia, India, Spain, Russia.
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data: Environmental consulting services market size and growth for 7 regions and 12 countries; global regional and country environmental consulting services market size and growth segmented by type of service; global regional and country environmental consulting services market size and growth segmented by end user industry - mining, manufacturing and process industries, energy & utilities, governments and regulators, infrastructure % development, other end users ; global, regional and country environmental consulting services per capita consumption and market size as a percentage of GDP 2013-21; AECOM, Amec Foster Wheeler, Tetra Tech, Environmental Resources Management, ARCADIS, WSP Global, Stantec, SWECO, Cardno, RPS Group, ICF International, Ramboll financial performance 2013-21.
Other Information: PESTEL analysis, drivers and restraints, customer and operational insights, environmental consulting services market by country covering opportunities, environemental consultancy services associations, investment and expansion plans, corporate tax structure and competitive landscape; environmental consulting services market trends and strategies.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes. Sources include primary as well as extensive secondary research.
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