The environmental consulting services market was valued at US$ 34,365.5 million in 2020 and is projected to reach US$ 50,974.7 million by 2028; it is expected to grow at a CAGR of 5.4% from 2021 to 2028.

Environmental consulting services are conduct environmental impact assessments, obtain clearances for new projects, and implement environmental management plans. The environmental impact assessment is for the development projects such as infrastructural projects, townships, commercial buildings, and industrial projects. Environmental auditing is being done for evaluating remediation technology options for obtaining clearances from the government regarding the project. Environmental management plans comprise developing, implementing, and monitoring plants for occupational health and safety management systems audit, analysis, and hazard and operability studies. Moreover, environmental consulting services offer various services such as investment assessment and auditing, permitting & compliance, project & information management, monitoring & testing, and others such as design, pollution prevention, and others. These services are used in several media types, such as water management, waste management, and others such as air quality, soil, natural resources, and renewable energy. The industries that majorly use environmental consulting services are energy & utilities, chemical & petroleum, manufacturing & process industries, transportation & construction industries, and others, including government & regulators. Moreover, despite having several stringent environment protections acts in effect, there is a high percentage of companies that are contributing to different forms of pollution, by emitting or discharging waste at levels much higher than the limits prescribed by regulatory bodies.

North America dominated the environmental consulting services market in 2020. The occurrence of several disastrous in the past propelled the demand for environmental consulting services for emergency site remediation planning and cleanups. Several regulations have been imposed by governments for the protection of the environment. Major environmental consulting service providers such as Tetra Tech, AECOM, and John Wood have an established market worldwide, as well as in North America. They are providing services for site remediation, natural resource management, environmental auditing, and waste management. Other services provided by such consultancies include project management, monitoring and testing, and operation and maintenance. Government bodies also hire these consultancies for preparing updated reports on the impact of various factors on the environment, which help them modify the existing regulations or propose the new ones. This factor is expected to drive the growth of the environmental consulting services market in the Rest of APAC countries during the forecast period.

Impact of COVID-19 Pandemic on Environmental Consulting Services Market

The COVID-19 outbreak has severely impacted the manufacturing, energy & utilities, chemical & petroleum, and transportation & construction industries. Amid the emergence of outbreak pandemic across the world, owing to the lockdown scenarios, the industry experts analyze that the industry would face at least a quarter of lag in electronics equipment supply chain that efficiently manage the waste generated in these industries. The outbreak pandemic is expected to create tremors through till mid-2021. The electronics equipment and associated services are likely to pick up pace sooner as governments across the world lifted the various containment measure steadily to revive the economy. The environmental consulting service providers are anticipated to gain pace by the end of 2021, which is further foreseen to positively influence the manufacturing units across different industries.

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Company Profiles

AECOM Inc.
Jacobs Engineering Group Inc.
Arcadis N.V.
Bechtel Corporation
John Wood Group PLC
ERM Group, Inc.
Tetra Tech Inc.
ANTEA GROUP
Stantec Inc.
Ramboll Group
SLR Consulting
Golder Associates Ltd.

Product development is the commonly adopted strategy by companies to expand their product portfolio. AECOM Inc; Arcadis N.V.; Jacobs Engineering Group Inc.; John Wood Group PLC; and ERM Group, Inc. are among the key players implementing strategies to enlarge their customer base and gain significant share in the global environmental consulting services market, which, in turn, permit them to maintain their brand name. A few of the recent key developments are:

In 2021, Jacobs Engineering Group Inc. announced it has signed contract with NIRAS/ONDRAF, Belgian agency for radioactive waste management. Under the agreement, Jacobs Engineering Group Inc. is awarded with framework contract covering new treatment and storage facilities for radioactive waste project in Belgium.
In 2020, Arcadis N.V. announced it has acquired Morgen, a Dutch environmental consulting firm. The financial details of the acquisition were not disclosed.

Environmental Consulting Services Market Segmentation:

By Service Type

Investment Assessment & Auditing
Permitting & Compliance
Project & Information Management
Monitoring & Testing
Others

By Media Type

Water Management
Waste Management
Others

By Vertical

Energy & Utilities
Chemical & Petroleum
Manufacturing & Process Industries
Transportation & Construction Industries
Others

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