EHS Market Size, Share and Global Market Forecast to 2027

 

EHS Market

The Environment Health and Safety (EHS) market is anticipated to grow at remarkable CAGR during the forecast period (2020-2027).

The factors driving the growth of Environment Health and Safety (EHS) includes increasing carbon emissions, growing demand for EHS software to conserve water, manage waste and minimize the effects of hazardous gases. As per the report published by United States Environment Protection Agency (EPA), the carbon emissions arising from fossil fuels have notably increased since 1900, the emissions arising from combusting fossil fuels and industrial processes contributes to 78% of the greenhouse gases emitted around the world from 1970-2011. Moreover, the increasing focus by Governments on enhancing the safety of employees at workplace and regulations for reducing air pollution, are some of the additional factors supplementing the EHS Market size. In addition, the increasing accidents at oil and gas and chemical plants and the integration of advanced technologies such as Artificial Intelligence, Internet of Things and Big Data, are further propelling the market growth.

However, the growth of Environment Health and Safety (EHS) is hindered due to high installation cost of EHS Software.

The major players operating in the market are Sphera, Enviance, ETQ, LLC, VelocityEHS, Intelex Technologies Inc., Gensuite, UL LLC, Enablon, Cority Software Inc. and Quentic GmbH among others.

Deployment Mode: Segment Analysis

Based on Deployment Mode, the on-premises segment is predicted to dominate the market over the forecast period attributed to increasing security related concerns and growing investments in building advanced network infrastructure.

Vertical: Segment Analysis

Based on Vertical, the Energy and Utilities segment is anticipated to expand at a significant CAGR during the forecast period due to growing application of EHS Software for ensuring regulatory compliances and minimizing operational risks.

Regional: Segment Analysis

According to Environment Health and Safety (EHS) Market Research, the North American region is expected to capture the highest market share over the forecast period. The increasing investments by key players for developing advanced EHS Software, Government’s focus on improving the safety standards at offices and high disposable incomes, are some of the important factors accelerating the market growth in North America.

Market Segmentation

Global EHS Market by Software Feature     

  • Environmental and Occupational Health Management
  • Energy and Water Management
  • Waste Management
  • Air Quality and Compliance Management
  • Safety Management
  • Incident and Risk Management

Global EHS Market by Component

  • Solution
  • Service

Global EHS Market by Deployment Mode  

  • Cloud
  • On-Premises

Global EHS Market by Vertical       

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

Global EHS Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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