Environmental Consulting Services Market Definition
The environmental consulting services industry comprises establishments that provide advice, assistance, and action plans to organizations and governments to manage their environment. It includes services on environmental issues such as environmental contamination prevention, emission of toxic substances prevention, waste management and pollution control.
Environmental Consulting Services Market Size
The global environmental consulting services market reached a value of nearly $31.9 billion in 2017, having grown at a compound annual growth rate (CAGR) of more than 2.96% since 2013.
Growth in the contract research organizations market in the historic period resulted from the increased government regulation, rise in public concern about environmental degradation, emerging economies and rise in shale oil and gas production. Factors that negatively affected growth in the historic period were skills shortages and lack of awareness and action on environmental issues.
Going forward, governments’ investments in smart cities, global collaboration for environmental protection and sustainable development will drive growth. Factors that could hinder the growth of this market in the future include restraints on competition, low oil price, new technologies in environment and waste management and new US administration’s attitude towards environmental issues will affect market growth.
Environmental Consulting Services Market Drivers
The Key drivers of the environmental consulting services market include:
Global Collaboration For Environmental Protection – Environmental concerns are leading countries across the globe to collaborate to tackle climate change. For instance, the European Union has extensive environmental laws under its European Environmental Law, and SAARC countries have developed the Agreement for Energy Cooperation (Electricity). In 2015, 195 countries adopted the Paris Agreement during the United Nations Climate Change Conference. It is the first legally binding, internationally coordinated climate deal, to help develop sustainable solutions for global environmental issues such as nuclear cleanup and global warming. Under the agreement, governments will collaborate to provide $100 billion per annum to fund environmentally efficient solutions in developing countries, to which the US government deposited $500 million in March 2016. Since the agreement, countries all over the globe have started to significantly integrate climate change regulations and policies as part of their law making process, greatly driving the environmental consulting services market.
Environmental Consulting Services Market Restraints
The key restraints on the environmental consulting services market include:
New Technologies In Environment And Waste Management – Many companies are launching innovative and cost effective technologies for waste management. Technologies range from extracting gas from landfills to the use of anaerobic bacteria to break down biodegradable material from industrial waste. Gas extracted from landfills is used to generate electricity and also used to produce steam in manufacturing plants. For instance, Miller’s waste processing plant coverts waste from landfills to produce gas, biofuel and feedstock for further use in manufacturing companies and agricultural fields. These new technologies help in reducing wastes generated by manufacturing companies, thus decreasing the need for environmental consulting services. This is expected to act as a restraint on the market.
Environmental Consulting Services Market Trends
Major trends influencing the environmental consulting services market include:
Consolidation Of Companies Across The Globe - Significant consolidation is taking place in the environmental consultancy services market. Large companies are acquiring small firms to retain and increase market share in the coming years. In the last decade, the market has witnessed a number of mergers of companies operating across the globe. For instance, in March 2014, Conestoga-Rovers & Associates of Canada and Gutteridge Haskins and Davey of Australia merged their operations to create a global leader in environmental engineering and environmental services
Environmental Solutions For Low Income Geographies - Environmental consulting services companies are offering affordable solutions for low income countries. In April 2017, researchers at the University of British Columbia developed a wastewater treatment process to provide access to drinking water to low-income communities. This system is expected to be much cheaper and more effective than conventional wastewater systems. Pierre Bérubé, Professor at UBC, said “This system could help provide clean drinking water to populations where technical expertise or funds are limited.” These cost-effective solutions will help environmental consulting companies to access markets in low income geographies which were previously inaccessible due to cost constraints; this is expected to drive the environmental consulting services market in the developing and under developed economies.
Environmental Consulting Services Market Segmentation
The Environmental Consulting Services market is segmented by type of service, by end user, split by sub- segment and by geography.
By Service Type-
The environmental consulting services market is segmented by service type into
- a) Site Remediation Consulting Services
- b) Water and Waste Management Consulting Services
- c) Environment Management, Compliance and Due Diligence
- d) Others
Water and Waste Management Consulting Services had the highest growth rate of nearly 5.35% during the historic period.
By End User -
The environmental consulting services market is segmented by end user into
- a) Mining, Manufacturing & Process Industries
- b) Energy & Utilities
- c) Government & Regulators
- d) Infrastructure & Development
- e) Others
Mining, manufacturing & process industries were the largest end-users of the global environmental consulting services market, accounting for 29.0% of the market.
By Geography- The environmental consulting services market is segmented into
- o North America
- o Western Europe
- UK
- Germany
- France
- Spain
- Italy
- o Asia Pacific
- China
- Japan
- India
- Australia
- o Eastern Europe
- o South America
- o Middle East
- o Africa
North America is the largest market for environmental consulting services, accounting for almost 53% of the global market. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, Eastern Europe and Western Europe will be the fastest growing regions in this market.
Environmental Consulting Services Competitive Landscape
Major Competitors are:
- • AECOM
- • Amec Foster Wheeler PLC
- • Tetra Tech Inc
- • Environmental Resources Management Limited
- • ARCADIS NV.
Other Competitors Include:
- • Stantec Inc.
- • Sweco AB
- • Environmental Resources Management Limited
- • SNC-Lavalin
- • Cardno Limited
- • WSP Global Inc.
- • ICF International, Inc.
- • RPS Group PLC
- • Ramboll Group
- • Golder Associates
- • 2ETW Consulting Services
- • Atkins Global
- • E3 Environmental Consultants
- • Dornier Consulting GmbH
- • Certio Medio Ambiente
- • Environmental Technology Consultants
- • Consulting for Health, Air, Nature, & a Greener Environment, LLC (CHANGE)
- • Net Balance Management
- • Bioenergy Association of New Zealand (BANZ)
- • EcoSTEPS Sustainability Partner
- • Albert van Oostrom & Associates
- • Yekom Consulting Engineers
- • NM Environmental Surveys Inc
- • TRANSFER Consultancy
- • Essencis
- • WesTech Engineering
- • Transumed Umwelt und Wassertechnik GmbH Koblenz
- • EnviroChemie GmbH
- • UAB Traidenis
- • Eijkelkamp Soil & Water
- • Nehlsen Middle East Environmental Consultancy
- • International Gulf Engineering Consultancy Bureau LLC
- • EcoAfrica Environmental Consultants
- • GCS
- • ERM South Africa
- • Sillito Environmental Consulting
