Demand for Workplace and Employee Balance is Helping to Drive Environmental Health & Safety System Market

2021-05-17
Environmental health & safety (EHS) system is mainly used by companies to ensure employee safety and well-being at the workplace and to monitor environmental balance. Governing bodies and regional federal agencies are proactively implementing EHS across various industry verticals in order to adhere with environmental and occupational safety standards. The software solutions incorporated under EHS include quality & risk assessment, data analytics, cost management, environmental compliance, and energy & carbon management. Furthermore, the different EHS services include consulting, project management, analytics, training, implementation, auditing, and certification. Rising awareness about workplace and employee safety coupled with increasing environmental safety efforts have led the EHS market to grow at a substantial pace. The EHS market is expected to advance at a CAGR of 11.7% from 2019 to 2027 reaching a market size of US$ 11,500.5 Mn in 2027, up from US$ 4,729.3 Mn in 2019. Some internationally acclaimed regulatory agencies ensure health & safety of employees and their work environment. These agencies include Occupational Safety and Health Administration (OSHA), Environmental Protection Agency (EPA) of the U.S, National Institutes of Health (NIH), The National Institute for Occupational Safety & Health (NIOSH), Nuclear Regulatory Commission, Department of Labor, New York City Department of Environmental Protection, Council on Certification of Health, Environmental and Safety Technologists (CCHEST), European Agency for Safety and Health at Work (EU-OSHA), and Mine Safety and Health Administration (MSHA). Get Report Brochure – A large number of developing economies have set up environmental institutions and regulatory regimes after being positively influenced by regulatory agencies in developed regions such as the U.S. and Europe The EHS market is segmented on the basis of components, end-use industry, and geography. The components segment can be further classified on the basis of software solutions and the services offered. The different types of software solutions associated with EHS include quality and risk assessment software, data analytics software, cost management software, environmental compliance software, energy and carbon management software, and others. The EHS service segmentation includes consulting services, project management, analytics, training, implementation, auditing, and certification. Key end-use industries implementing EHS software and services covered in this report are chemical & petrochemical, energy & mining, construction, agriculture, transportation, manufacturing, government & public sector, retail, healthcare, and others. Buy Report on eHealth Market Based on geography, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America recorded the maximum implementation of EHS in terms of software and services, and the region is expected to dominate the EHS market. This high growth rate is anticipated due to the development of end-use industry infrastructure across the U.S. Moreover, rising awareness in terms of adherence to environmental regulations has further strengthened the EHS market in North America. Some of the key players of the global environmental health & safety (EHS) market are IHS Inc., 3E Company, International Finance Corporation, Enablon North America Corporation, SAP SE, UL LLC, and Medgate Inc. About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision. Contact Mr. Rohit Bhisey Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website:
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