Europe $11.95 Billion Environmental Consulting Services Market Forecast to 2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “European Environmental Consulting Services Market Forecast to 2028 – Impact of COVID-19 and Regional Analysis by Service Type, Media Type and Industry” Report has been added ResearchAndMarkets.com Offer.

According to this research study titled Europe Environmental Consulting Services Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Service Type, Media Type, and Vertical, the market is expected to reach $11,954.86 million by 2028 will reach 8,356.29 million in 2021. It is estimated that the market will grow at a CAGR of 5.2% from 2021 to 2028. The report provides trends prevailing in the Europe Environmental Consulting Services Market along with the drivers and restraints related to the market growth.

The increasing adoption of renewable technologies for a cleaner and greener environment is the main factor behind the growth of the European market for environmental consulting services. However, issues related to a lack of attention to regulatory compliance are hampering the growth of the European market for environmental consulting services.

Due to the COVID-19 outbreak, manufacturing and sales of electronic devices have been severely impacted. The outbreak restricted the supply chain in various countries in Europe. The member states of Europe such as Italy, Spain and Germany have introduced drastic measures and travel restrictions to limit the spread of COVID-19 among their citizens. European countries represent a large market share as Europe has the highest environmental safety standards in the world. However, due to the COVID-19 outbreak, the manufacturing of various electronic devices and related equipments for environmental consulting services in European countries experienced a sharp decline and is expected to be under stress in 2020, and they will need time to stabilize. Furthermore, the recent imposition of containment measures due to the outbreak of newly mutated strains is expected to hamper the growth of the environmental consulting services market in Europe into the first two quarters of 2021.

AECOM; antea group; Arcadis NV; Bechtel Corporation; ERM Group, Inc.; Golder Associates; Jacobs Engineering Group Inc.; John Wood Group PLC; Ramboll Group A/S; SLR advice; Stantec Inc.; and Tetra Tech Inc. are among the leading companies in the European market for environmental consulting services. The companies focus on organic growth strategies such as product launches and expansions to maintain their position in the dynamic market. For example, in 2021 Jacobs Engineering Group Inc. announced that it had signed a contract with NIRAS/ONDRAF, a Belgian radioactive waste management agency. As part of the agreement, Jacobs Engineering Group Inc. will receive a framework agreement for new treatment and storage facilities for radioactive waste projects in Belgium.

The report segments the European market for environmental consulting services as follows:

Europe Environmental Consulting Services Market – by Service Type

  • Investment appraisal and review

  • Approval & Compliance

  • Project and information management

  • Monitoring & Testing

  • Other

Europe Environmental Consulting Services Market – by Media Type

  • water management

  • waste management

  • Other

Europe Market for Environmental Consulting Services – by Industry

  • Energy & Utilities

  • Chemistry & Petroleum

  • manufacturing and process industries

  • transport and construction industry

  • Other

Europe Market for Environmental Consulting Services – by Country

  • France

  • Germany

  • Italy

  • Spain

  • United Kingdom

  • rest of Europe

Important industry dynamics

market leader

  • Industries recognize environmental hazards

  • Environmental protection through government regulations

Market Restrictions

  • Lack of attention to regulatory compliance

  • market opportunities

  • Increasing acceptance of renewable technologies for a cleaner and greener environment

future trends

  • From traditional consulting to cloud-based consulting

  • Impact analysis of drivers and constraints

companies mentioned

  • AECOM

  • Antea group

  • Arcadis NV

  • Bechtel Corporation

  • ERM Group, Inc.

  • Golder Associates

  • Jacobs Engineering Group Inc.

  • John Wood Group PLC

  • Ramboll Group A/S

  • SLR advice

  • Stantec Inc.

  • TetraTech Inc.

For more information about this report, see https://www.researchandmarkets.com/r/g0lrsz

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