Environment Health and Safety Market Scope
Environment, Health, and Safety which is also known as ‘EHS’ is a distinctiveness as well as a discipline that implements as well as studies practical aspects of environmental protection and safety at work. In simple words, Organizations should possess the primary objective that they shouldn’t be violating the Environmental Health and Safety Regulations. All the Organizations from the United States are subjected to EHS regulations in the Code of Federal Regulations.
The market study is being classified by Type (EHS Software and EHS Services), by Application (Chemical and Petrochemical, Energy and Mining, Construction, Agriculture, Transportation, Manufacturing, Retail, Healthcare, Telecom & IT and Others) and major geographies with country level break-up. According to AMA, the Global Environment Health and Safety market is expected to see growth rate of 12.3%
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Environment Health and Safety market throughout the predicted period.
SAP SE (Germany), Enablon (France), ETG Management Consultants, LLC. (United States), Intelex Technologies Inc. (United States), Gensuite (United States), Enviance (United States), Cority (Canada), Verisk 3E (United States), VelocityEHS (United States) and Optial UK Ltd (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sphera So (United States) and Sitehawk (United States).
AdvanceMarketAnalytics has segmented the market of Global Environment Health and Safety market by Type, Application and Region.
On the basis of geography, the market of Environment Health and Safety has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by EHS Software, the sub-segment i.e. Quality and Risk Assessment will boost the Environment Health and Safety market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by EHS Services, the sub-segment i.e. Consulting will boost the Environment Health and Safety market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On November 19th, 2018, SAP SE has announced an acquisition of Contextor SAS which is a European leader in the integration and design of RPA (Robotic Process Automation), to help SAP SE in boosting the development and expansion of its SAP Leonardo Machine Learning portfolio.
In 2011, Safe Work Australia has developed a single set of WHS laws to be implemented across Australia. These are known as ‘model’ laws. For the model WHS laws to become legal binding, the Commonwealth, states and territories must separately implement them as their own laws. WHS regulators are responsible for regulating and enforcing the laws in their jurisdictions. The model WHS laws have been implemented in the Australian Capital Territory, New South Wales, the Northern Territory, Queensland, South Australia, Tasmania and the Commonwealth. Some jurisdictions have made minor variations to make sure the legislation is consistent with their relevant drafting protocols and other laws and processes.
- Rapid Dictation on Environmental Health and Safety in Developing Regions
- Rising Adoption of Highly Automated EHS IoT Based as well as Artificially Intelligent Applications
- Increasing Prevalence of Environmental Accidents in Number of Industries
- Efficiently Assists in Industrial Waste Management
- Affordable Solutions Introduced By Government Bodies
- Acceptance of International Standards in the Emerging Economies for Numerous Applications
- Stringent Government Regulations and Statuses to comply with Environmental Health and Safety Standards
- Higher Initial Establishment Cost
- Extremely Complex as well as Overpriced Auditing Procedures
- Lack of Demand from Underdeveloped Regions
Key Target AudienceEnvironment Health and Safety Service Providers, Environmental Health and Safety Standards Regulators, Private Consultancies, Government Agencies and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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