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The environment health and safety (EHS) market size is forecast to increase by USD 3.94 billion at a CAGR of 9.68% between 2023 and 2028. In the realm of Mechanical Engineering, the Environment, Health, and Safety (EHS) market is experiencing significant growth. This expansion is driven by several key factors. Firstly, there is an increasing emphasis on regulatory compliance, as governments continue to prioritize EHS initiatives. Secondly, there is a shift towards proactive safety measures, with a focus on preventing hazards rather than just detecting them. This proactive approach requires substantial upfront capital investments, particularly for advanced EHS software solutions. Moreover, the demand for EHS consulting services is on the rise, as companies seek expert guidance in deploying and integrating these systems. AECOM's EARTH contract is a notable example of a comprehensive EHS solution.
Similarly, Tech consulting firms like Velocity EHS offer Safety Management Solutions to help industries manage their EHS needs effectively. The market is witnessing a demand for system integration services, as companies look to streamline their EHS operations and optimize their workflows. Overall, the EHS market is a critical area of focus for industries engaged in various mechanical engineering activities, as they strive to ensure a safe and compliant work environment.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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