This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Going Green: Customers Will Likely Demand Industry Services for Advice on Implementing More Efficient Practices
Revenue for the Environmental Consulting industry has been volatile over the past five years. Increasing concerns for environmental sustainability and rising construction activity, which benefited the industry, were somewhat mitigated by the economic slowdown that occurred during the COVID-19 (coronavirus) pandemic. Moreover, weak nonresidential construction during the pandemic placed downward pressure on industry demand and revenue. Nonetheless, industry revenue has increased at a CAGR of 1.0% to $25.1 billion over the past five years, including a projected rise of 0.5% in 2023 alone amid rising corporate profit and an anticipated increase in the value of nonresidential construction. Rising interest rates in 2023 are anticipated to decelerate revenue growth.
This industry provides advice to businesses and federal governments on environmental issues, such as controlling environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multidisciplined staff of scientists, engineers and other technicians.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aecom
- Jacobs Engineering Group Inc.
- Tetra Tech, inc.
Methodology
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