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DUBLIN, June 13, 2022 /PRNewswire/ — Added the Environmental Consulting Services – Global Market Trajectory & Analytics report ResearchAndMarkets.com Offer.

Currently, the key factors influencing the Environmental Consulting Services market include digital innovations and changes in the market landscape led by investments and policies. Another important area of ​​focus for environmental consulting today is ESG management and metrics. In some countries like France for example, it is now mandatory.

The COVID-19 pandemic is expected to further increase the importance of ESG amid the growing global urgency of climate change. The recovery in the construction sector and the trend towards smart cities, as well as the increasing focus of countries on meeting the United Nations Sustainable Development Goals, are key growth drivers for environmental consulting services.

The global environmental consulting services market is estimated at $31.6 billion in 2020 is expected to reach a revised size of $43.2 billion to 2026 and growing at a CAGR of 5.3% over the analysis period. Site Remediation Consulting Services, one of the segments analyzed in the report, is expected to reach a CAGR of 5.2% $15.3 billion until the end of the analysis period.

After a thorough analysis of the business impact of the pandemic and the economic crisis it is causing, the growth in the Water & Waste Management Consulting Services segment is adjusted to a revised annual growth rate of 5.4% for the next 7 years. This segment currently accounts for a 28.2% share of the global market for environmental consulting services. Site remediation is the process of removing polluted or contaminated soil, surface water or groundwater to minimize impact on people and the environment. There are various regulatory standards that mandate remedial action in the event of contamination resulting from an environmental incident or previous industrial activity. Amid the expected positive development in the global engineering and construction sector due to the expected recovery of the economic scenario and the revival of spending behavior, the demand for environmental consulting services such as water and waste management is expected to pick up again in the post-COVID-19 era.

The market for environmental consulting services in the USA is estimated at $16.1 billion in 2021. The country currently has a 48.59% share of the world market. China is expected to reach an estimated market size of $3.1 billion in 2026 with a CAGR of 6.9% over the analysis period. Among the other notable geographic markets are Japan and Canada, which forecast growth of 3.6% and 4.7%, respectively, over the analysis period. Inside Europe, Germany is forecast to grow at around 5.3% CAGR while reaching the rest of the European market $3.3 billion until the end of the analysis period.

Select competitors:

  • AECOM
  • ANTEA
  • Arcadis
  • bechtel
  • ERM group
  • Golder Associates
  • Jacobs Engineering Group Inc.
  • John Wood Group PLC
  • Ramboll Group A/S
  • SLR advice
  • Stantec Inc.
  • TetraTech, Inc.
  • WSP Global Inc.

Main topics covered:

1. MARKET OVERVIEW

  • Environmental Consulting Services – Global Percentage Market Share of Key Competitors in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for 209 players worldwide in 2022 (E)
  • Strong Clean Tech Recovery Brings Good News for NGVs: Global Clean Tech Market Restart and History – Growth Prospects (in %) for the Years 2019 to 2025
  • Finally, COVID-19 is set to accelerate the uptake of environmental advisory services
  • Resumption of commercial real estate activities to advance the environmental consulting services market after the brief disruption caused by COVID-19
  • Prominent trends in commercial real estate bode well for environmental consulting services
  • Opportunities with a return to work scenario
  • Digitization & renewed focus on efficiency give new life to environmental consulting services
  • Environmental advice: an overview
  • Factors influencing the business of environmental consultancies
  • Environment & sustainability should have top priority after the pandemic
  • Sustainability trends for the near future
  • Market share of leading players in the global environmental consulting market: 2020

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

  • The increasing focus on climate change supports the demand for environmental advisory services
  • Domestic greenhouse gas emission targets of selected regions/countries
  • Addressing the risks of climate change encourages investment in high-quality, low-carbon companies
  • COVID-19 accelerates decarbonization efforts
  • The digital transformation is picking up speed
  • Data management, visualization and software integration are becoming more relevant
  • Evolving approaches in field data collection and real-time monitoring
  • UAVs are finding wider use in environmental advisory operations
  • Global commercial drone market size (in billion U.S. dollars) for 2019, 2022 and 2025
  • AI is redefining consulting services
  • Potential role of AI in reducing carbon footprint and addressing environmental issues
  • Digitized reporting and submissions speed up the process
  • GIS Enabling Environmental Consultings deliver greater efficiencies in projects
  • The emphasis on effective biodiversity management bodes well
  • Ongoing focus on EIA to expand addressable market
  • Increasing demand for water and waste management consultancy services
  • World Freshwater Resources: Percentage Breakdown by Freshwater Source
  • Percentage of contaminated water in the drinking water supply in Africa, Asiaand Latin America and Caribbean
  • Increasing role of consultancies for water and waste management
  • Site remediation consultancy services are becoming increasingly popular
  • Impact of COVID-19 on environmental due diligence activities
  • Increase in investments in smart cities to increase demand
  • COVID-19 underscores the value of smart cities in times of crisis
  • Global smart city market in million US dollars for 2020 and 2027
  • Smart cities are becoming a sustainable way to accommodate the growing world population
  • With populations bursting at the seams, Smart Cities are emerging as the future of sustainable, green living: World Population (in thousands) by Geographic Region for Years 2018, 2025, 2040, 2050
  • Resource scarcity and pollution faced by cities worldwide: breakdown of per capita water use, per capita carbon dioxide (CO2) emissions, and per capita waste volume by geographic region

For more information about this report, visit https://www.researchandmarkets.com/r/a4l45l

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