Environment, Health, and Safety (EHS) Market Size, Trends, Growth, Opportunity and Forecast 2024-2032

IMARC Group’s latest report, titled “Environment, Health, and Safety (EHS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”,  the global environment, health, and safety (EHS) market size reached US$ 79.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 154.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.51% during 2024-2032. 

Environment, health, and safety (EHS) is a discipline and specialty that studies and implements practical aspects of environmental protection and safety at work. EHS aims to ensure that work environments do not pose risks to health or safety and that organizations operate in a manner that is sustainable and responsible towards the environment. This involves the management and oversight of policies, procedures, and practices that protect employees, the public, and the environment from workplace hazards and environmental factors. Companies adopt EHS measures to comply with regulations, prevent accidents and illnesses, and reduce their environmental footprint. By focusing on risk management, EHS programs help in identifying and mitigating potential hazards before they can cause harm or damage.                

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Leading Key Players in the Environment, Health, and Safety (EHS) Industry:

• Alcumus Group Limited
• Dakota Software Corporation
• Enhesa
• ETQ LLC (Hexagon AB)
• Intelex Technologies ULC (Industrial Scientific Corporation)
• ProcessMAP Corporation
• Pro-Sapien Software
• SafetyCulture Plus Pty Ltd
• SAP SE
• Sphera Solutions Inc
• UL LLC 
• Verisk Analytics Inc

Environment, Health, and Safety (EHS) Market Trends:

The rising stringent regulations and standards set by governments worldwide to ensure environmental protection and worker safety are driving the global market. These regulations compel organizations across various industries to adopt EHS solutions to remain compliant, avoid hefty fines, and mitigate risks associated with environmental hazards and occupational health. Moreover, the rising awareness and concern over environmental issues, such as climate change and pollution, have led companies to prioritize EHS measures as part of their corporate social responsibility (CSR) initiatives.

This shift not only aids in preserving the environment but also enhances brand reputation and stakeholder trust. The integration of advanced technologies, including artificial intelligence (AI), the Internet of Things (IoT), and cloud computing, into EHS solutions is another significant factor propelling the market forward. These technologies offer enhanced data analytics, real-time monitoring, and improved compliance management, making EHS practices more efficient and effective. Additionally, the increasing emphasis on occupational health and safety due to the rise in workplace accidents and diseases plays a crucial role in driving the EHS market. Organizations are investing in EHS solutions to create safer work environments, reduce the incidence of accidents, and ensure the well-being of their employees.

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Key Market Segmentation:

Breakup by Component:

• Software
• Services
  • Analytics
  • Project Deployment and Implementation
  • Business Consulting and Advisory
  • Audit, Assessment and Regulatory Compliance
  • Certification
  • Training and Support
     

Breakup by Deployment Type:

• On-premises
• Cloud-based
   

Breakup by Vertical:

• Energy and Utilities
• Chemicals and Materials
• Healthcare
• Construction and Engineering
• Food and Beverage
• Government and Defense
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report: 

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape 

About Us: 

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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