Global Health, Safety and Environment (HSE) Consulting and Training Services Market, By Service (Training, Consulting), Type (Risk Assessment/Management, Accident Reporting, Hazard Analysis Management, Contract Management, Process Mapping, Incident Investigation and Claims Management, Program Development and Audits, Industrial Hygiene, Occupational Health Services, Others), End User (Automotive and Discrete Manufacturing, Process Manufacturing, Utilities, Government, Construction and Real Estate, Logistics and Transportation, Others) - Industry Trends and Forecast to 2030.
Health, Safety and Environment (HSE) Consulting and Training Services Market Analysis and Size
The various global regulations for the employee’s health and safety has largely boosted the growth of the health, safety and environment (HSE) consulting and training services market. The governments are largely focusing towards the employee’s wellbeing and safety, to lower the number of accidents, illnesses, and fatalities, for instance, the Work Health and Safety Act 2011 adopted by the Australian government aims to safeguard everyone's workplace safety, health, and environment. In addition, it defends the health and safety of anybody who the work might impact. Before becoming hurt, employees at the workplace receive health, safety, and environmental training. Therefore, these growth determinants will offer considerable growth to the market.
The health, safety and environment (HSE) consulting and training services market was valued at USD 42.92 billion and is expected to reach USD 68.14 billion in 2030, registering a CAGR of 7.60% during the forecast period of 2023-2030. “Services” segment is projected to grow at the fastest rate during the forecast period. Based on the service, the training segment is expected to witness significant growth in the global market. It increases market share through innovation, strengthening customer relationships, acquiring competitors, and smart hiring practices.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Service (Training, Consulting), Type (Risk Assessment/Management, Accident Reporting, Hazard Analysis Management, Contract Management, Process Mapping, Incident Investigation and Claims Management, Program Development and Audits, Industrial Hygiene, Occupational Health Services, Others), End User (Automotive and Discrete Manufacturing, Process Manufacturing, Utilities, Government, Construction and Real Estate, Logistics and Transportation, Others)
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Countries Covered
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U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe. China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt and Rest of Middle East and Africa, Brazil, Argentina and Rest of South America
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Market Players Covered
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Bureau Veritas (France), RPS Group (U.K.), WHA Services (Iraq), STE Group (Australia), World Star HSE (U.S.), Sigma-HSE Ltd. (India), IRESC (Switzerland), ESIS Inc. (India), Skillsoft (U.S.), GP Strategies Corporation (U.S.), MITSUBISHI HEAVY INDUSTRIES, LTD (Japan), Articulate Global, LLC (U.S.), CGS (U.S.), New Horizons Worldwide, LLC (U.S.), D2L Corporation. (Canada), Harrish Sai Raman (HSR) (India), Interaction Associates (U.S.), NIIT (Belgium), Wilson Learning Worldwide Inc. (U.S.).
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Market Opportunities
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Market Definition
A shock overload device called a health, safety and environment (HSE) consulting and training services or impact monitor detects whether a shock or impact has happened and sounds an alarm. Health, safety and environment (HSE) consulting and training servicea are mostly used in the automobile industry to detect the effects of forced entrance on vehicle bodies since they are simple to install, easy to use, require no external power, and provide an effective response at mid-range to higher frequencies. These sensors are utilized in "smart houses," where an alert is set off by any intrusion, no matter how tiny, and the alarm output may be viewed on a laptop or smartphone.
Global Health, Safety and Environment (HSE) Consulting and Training Services Market Dynamics
Driver
- Burgeoning utilization across industries
Businesses are putting an emphasis on implementing health, safety and environment (HSE) training and consulting services. The services emphasize health, safety, and environmental training. Services such as the risk assessment and management, accident reporting, contract management, process mapping, incident investigation and claims management, occupational health services, and industrial hygiene services are just a few of the services that companies in the this market provides. Employers implement a health, safety, and environmental training programme to protect their staff from harm-causing hazards at work. These initiatives successfully lower the number of accidents, illnesses, and fatalities, which the firms and businesses largely require. This factor will accelerate the adoption of the services, thus boosting the overall market growth.
Furthermore, the rising awareness about workspace and employee safety will accelerate the overall market expansion during the forecast period. In addition, increasing efforts toward maintaining safety is anticipated to drive the growth rate of the health, safety and environment (HSE) consulting and training services market.
Opportunity
- Supportive government regulations
The various government regulations about workers’ safety are estimated to generate lucrative opportunities for the market, further expanding the health, safety and environment (HSE) consulting and training services market's growth rate. For instance, the Australian government's Work Health and Safety Act 2011 aims to safeguard everyone's workplace safety, health, and environment. Additionally, it defends the health and safety of anybody who the work might impact. Before becoming hurt, employees at the workplace receive health, safety, and environmental training. These initiatives successfully lower the number of accidents, illnesses, and fatalities.
Restraint/Challenge
- High cost
Implementing the health, safety and environment (HSE) consulting and training services is a very costly procedure that derail the overall market’s growth. These services further require high investments. This will lead to the formation of the cost related hindrances for the market over the forecast period.
- Lack of awareness/knowledge
The market growth rate will be further slowed down by a lesser knowledge about the employee’s safety regulations especially in developing and underdeveloped economies. The dearth of the awareness reading the employee’s safety further results in lesser adoption of these services, which further poses as a major challenge for the health, safety and environment (HSE) consulting and training services market over the forecast period.
This health, safety and environment (HSE) consulting and training services market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the health, safety and environment (HSE) consulting and training services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In August 2022, Partners Group acquired a significant minority stake in VelocityEHS. This will drive the growth at VelocityEHS and cement its position as a leading player in the global EHS and ESG software market
- In September 2022, Cority declared the acquisition of Reporting 21, a prominent sustainability-centered SaaS platform and consultancy. The acquisition will help Cority empower organizations to operate responsibly and make better decisions
- In April 2021, Intelex and Industrial Scientific partnered to announce the availability of Intelex HazardIQ for iNet. This integrated solution provides users with features such as identifying high-risk areas, triggering workflows for determining root cause, initiating evacuation activities, and creating prevention actions
Global Health, Safety and Environment (HSE) Consulting and Training Services Market Scope
The health, safety and environment (HSE) consulting and training services market is segmented on the basis of service, type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Training
- Consulting
Type
- Risk Assessment/Management
- Accident Reporting
- Hazard Analysis Management
- Contract Management
- Process Mapping
- Incident Investigation and Claims Management
- Program Development and Audits
- Industrial Hygiene
- Occupational Health Services
- Others
End User
- Automotive and Discrete Manufacturing
- Process Manufacturing
- Utilities
- Government
- Construction and Real Estate
- Logistics and Transportation
- Others
Global Health, Safety and Environment (HSE) Consulting and Training Services Region Analysis/Insights
The health, safety and environment (HSE) consulting and training services market is analyzed and market size insights and trends are provided by country, service, type and end user as referenced above.
The countries covered in the health, safety and environment (HSE) consulting and training services market report are U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
North America is expected to dominate the health, safety and environment (HSE) consulting and training services market due to the strong presence of developed countries such as the U.S., particularly in the oil and gas industry over the forecast period. Moreover, U.S. is the most active user of these services.
Asia-Pacific is expected to witness significant growth during the forecast period due to steady growth in government regulations about workers’ safety within the region. The increasing implementation of these services is a significant contributor to the expansion of the regional market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Health, Safety and Environment (HSE) Consulting and Training Services Market Share Analysis
The health, safety and environment (HSE) consulting and training services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to health, safety and environment (HSE) consulting and training services market.
Some of the major players operating in the health, safety and environment (HSE) consulting and training services market are:
- Bureau Veritas (France)
- RPS Group (U.K.)
- WHA Services (Iraq)
- STE Group (Australia)
- World Star HSE (U.S.)
- Sigma-HSE Ltd. (India)
- IRESC (Switzerland)
- ESIS Inc. (India)
- Skillsoft (U.S.)
- GP Strategies Corporation (U.S.)
- MITSUBISHI HEAVY INDUSTRIES, LTD (Japan)
- Articulate Global, LLC (U.S.)
- CGS (U.S.)
- New Horizons Worldwide, LLC (U.S.)
- D2L Corporation (Canada)
- Harrish Sai Raman (HSR) (India)
- Interaction Associates (U.S.)
- NIIT (Belgium)
- Wilson Learning Worldwide Inc. (U.S.)
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