The Europe Environment, Health and Safety Market would witness market growth of 7% CAGR during the forecast period (2021-2027).
The market is expected to witness bright prospects due to the rising number of regulations by the government in several countries. EHS (environment health & safety) services and software are deployed by various kinds of industries including energy and chemicals with an aim to avoid accidents at the workplace as workers in these industries have to work with harmful materials. The existence of strict norms regarding safety, environmental protection, and occupations have resulted in a higher demand for software and services in different sectors such as waste management, emission control, monitoring, water management, employee safety, and various other environmental health and safety parameters.
The regulatory bodies such as the European Agency for Safety and Health at Work (EU-OSHA) and the Environment Agency (EA) created the regulations about health, safety, environment, and consumer protection. These rules boost the adoption of different sorts of measures for the enhancement of the free movements of goods. Hence, the growth of the regional EHS market is boosted by these rules and regulations.
Moreover, the surge in the number of industrial injuries in harmful industries such as nuclear facilities, chemicals, Oil & Gas, and iron & steel is expected to boost the growth & demand. Moreover, the number of companies providing EHS solutions is increasing in the region which is expected to drive the regional EHS market over the forthcoming years.
The Germany market dominated the Europe On-premise Environment, Health and Safety Market by Country 2020, thereby, achieving a market value of $382.2 million by 2027. The UK market is exhibiting a CAGR of 5.4% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 7% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Services segment is further bifurcated across Business Consulting & Advisory, Audit, Assessment & Regulatory Compliance, Project Deployment & Implementation, Analytics, Certification and Others. Based on Deployment Type, the market is segmented into On-premise and Hosted. Based on End User, the market is segmented into Energy & Utilities, Chemicals & Materials, Construction & Engineering, Healthcare, Manufacturing, Government & Public Sector and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Environment, Health and Safety Market Size will Hit $9.2 Billion by 2027, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ideagen Plc, Wolters Kluwer, Tetra Tech, Inc., WSP Global, Inc., (Golder Associates), SGS S.A., AECOM Corporation, Fortive Corporation, Verisk Analytics, Inc., Cority Software, Inc. and Gensuite LLC.
By Component
By Deployment Type
By End User
By Country
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