The environmental consulting services market in North America is expected to grow from US$ 16,486.67 million in 2021 to US$ 22,403.49 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. Growing consciousness among industries regarding environmental impact is the major factor driving the North America environmental consulting services market. Awareness regarding the protection of environment is increasing in industries. Companies are hiring environmental consultancies for preparing reports of their existing and future projects, along with determining their impact on environment. The rise in revenues is one of the key factors enabling companies to adopt inorganic growth strategies such as acquisitions and expansions for expanding their presence in the North America market. For setting up their plant in at new locations, they need to get a clearance from the respective government authorities, for which they must present a report based on the conditions of the land and the impact of the construction and the plant on the surrounding environment. Therefore, this companies are increasingly hiring environmental consultancies for their environmental impact assessment.
The ongoing COVID-19 pandemic is having devastating impact on North America region. The US is the most affected country in North America. The growing number of infections in has led the government to impose various containment measure such factories shut down, travel restrictions, closure of international borders and lockdowns. The huge increase in the number of confirmed cases and rising reported deaths in the country is affected both manufacturing and sales of materials. In addition to this, the company also minimized the allocated budget for manufacturing of industrial machineries owing to economic slowdown, which affected the global environmental concerns. The region is expecting market recovery and economic improvement with the start of the COVID-19 vaccination. However, companies risk remains with the market uncertainties from tough business environment associated with the waste and fumes generated from these industries. Due to supply chain delays and disruption caused, the procurement and distribution channel of environmental consulting services got impacted.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America environmental consulting services market. The North America environmental consulting services market is expected to grow at a good CAGR during the forecast period.
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North America Environmental Consulting Services Market Segmentation
North America Environmental Consulting Services Market – By Service Type
- Investment Assessment & Auditing
- Permitting & Compliance
- Project & Information Management
- Monitoring & Testing
- Others
North America Environmental Consulting Services Market – By Media Type
- Water Management
- Waste Management
- Others
North America Environmental Consulting Services Market – By Vertical
- Energy & Utilities
- Chemical & Petroleum
- Manufacturing & Process Industries
- Transportation & Construction Industries
- Others
North America Environmental consulting services Market, by Country
- US
- Canada
- Mexico
North America Environmental Consulting Services Market - Companies Mentioned
- AECOM
- Antea Group
- Arcadis N.V.
- Bechtel Corporation
- ERM Group, Inc.
- Golder Associates
- Jacobs Engineering Group Inc.
- John Wood Group PLC
- Ramboll Group A/S
- SLR Consulting
- Stantec Inc.
- Tetra Tech Inc.
North America Environmental Consulting Services Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 16,486.67 Million |
| Market Size by 2028 | US$ 22,403.49 Million |
| CAGR (2021 - 2028) | 4.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Service Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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