EHS Services: Market Size And Forecast 2020-2025 (US)
Bill Pennington
Steve Bolton
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Executive Summary
This report helps executives, practice managers and business strategists at EHS service providers in the United States to improve business performance by better understanding their addressable market opportunities and validating business development strategies across 11 service lines. The Verdantix market size and forecast model combines revenues of the 80 largest EHS service providers along with insights on customer demand from the 121 US-based EHS decision-makers who participated in the 2019 version of our annual global survey. According to the market model, spending on EHS services will reach $15.7 billion during 2020 and this will grow at a compound annual growth rate of 5.6%, to reach $20.7 billion in 2024. Positive drivers of growth include increasing public focus on climate change, investor interest in ESG ratings, and growing vendor investment in digital technologies. Ongoing shifts in federal deregulation and economic uncertainties are projected to slow spend on EHS consulting but maintain overall market growth.Market Size Data Reflect The Revenues Of EHS Service Providers Across 11 Unique Service Lines
Five Analytical Inputs Act As Drivers For The Market Forecast
Spending On EHS Services In The US Will Reach $15.7 Billion During 2020
Regulatory Landscape And Public Pressure Grow Market Opportunities
US EHS Services Market Will Grow At A 5.6% CAGR To $20.7 Billion In 2025
Figure 2. EHS Decision-Makers’ Expected 2020 Spend On Consulting Projects
Figure 3. EHS Decision-Makers’ Expected 2020 Spend On EHS Service Lines
Figure 4. Spend On EHS Services In 2020 By Service Line In The US ($billions)
Figure 5. Spend On EHS Services In 2020 By Industry EHS Risk Ctegory ($billions)
Figure 6. 2020-2025 Forecast For EHS Services In The US ($billions)
Figure 7. 2020-2025 Forecast For EHS Services Lines In The US ($billions)
Figure 8. Compound Annual Growth Rates For 11 EHS Service Lines In The US (2020-2025)
Figure 9. 2020-2025 Forecast Of EHS Service Spend By EHS Risk Category ($billions)
About the Authors
Bill Pennington
VP Research
Bill is VP Research at Verdantix, where he leads analysis on the evolving and interconnected landscapes of EHS, quality, AI and enterprise risk management. His research helps ...
Steve Bolton
Research Director
Steve leads the Verdantix EHS research practice, based out of our New York office. He has 25 years of experience advising on sustainability, EHS, circular economy, corporate s...
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