Environmental consultation services are significant as they have a direct and noteworthy effect on people’s quality of life of a geographical zone. It includes establishments that offer assistance, advice, and action plans to governments and organizations to handle their environment. Further, it entails offering services for carrying out an environmental impact assessment, employing environmental management plans, and getting authorizations for new projects.
The global environmental consulting services market is expected to be fueled mainly owing to the rising need for advisory services chiefly in chemical and construction industries to reduce environmental deterioration caused by discharge of toxic substances. Further, the market is also projected to be driven by the growing spending on environmental remediation and pollution control in budding nations. Also, swift developments in technology and increasing environmental alertness are compelling firms to implement large-scale solar projects, thereby guiding on these projects offers lucrative avenues for environmental consulting firms. Such technologies are allowing households and businesses to decrease their carbon footprint. To cite, fuel cell system technology was developed by Bloom Energy that has the potential to generate electricity without burning fossil fuel, thus decreasing release of greenhouse gases.
The global environmental consulting services market is segregated based on service type, vertical, media type, and region. The market, based on service type, is divided into permitting & compliance, investment assessment & auditing, monitoring & testing, project & information management, and others. The market, on the basis of vertical, is bifurcated into chemical & petroleum, energy & utilities, transportation & construction industries, manufacturing & process industries, and other. Based on media type, the market is classified into water management, waste management, and others.
Regionally, the global environmental consulting services market is projected to be ruled by Asia Pacific during the forecast period. The growth in this region can be attributed to increasing implementation of environmental protection norms in nations like India and China owing to enhancing economic conditions. Also, the rising alertness regarding environmental deterioration and health hazards owing to industrial activities has shifted the focus of business owners to employ geoscientists, environment consultants, and biologists to abide by environmental protocols and reduce such risks. Further, North America is expected to witness substantial growth in the environmental consulting services market on account of strict rules being enforced for energy production and oil drilling initiatives.
Few of the major players active within the global environmental consulting services market consist of CH2M HILL, AECOM, Bechtel Corporation, Arcadis, Golder Associates, Amec Foster Wheeler Plc, and Environmental Resources Management.
