
Europe Environmental Consulting Services Market Report (2021–2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.
No. of Pages: 163 | Report Code: TIPRE00022973 | Category: Technology, Media and Telecommunications
No. of Pages: 163 | Report Code: TIPRE00022973 | Category: Technology, Media and Telecommunications
The Europe environmental consulting services market size is expected to reach US$ 17,425.60 million by 2031 from US$ 9,543.19 million in 2023. The market is estimated to record a CAGR of 7.8% from 2023 to 2031.
The demand for environmental consulting services is rising rapidly in Europe across various industries, such as energy, construction, transportation, etc. The energy sector in Europe is undergoing a significant transformation as various countries are increasingly shifting toward renewable energy sources. According to the European Environment Agency, the European Union (EU) achieved its 20% renewable energy target in 2020, and 22.5% of the energy consumed in the EU was generated from renewable sources in 2022. The EU aims to achieve a 42.5% renewable energy share by 2030. Environmental consultants play a crucial role in conducting feasibility studies, assessing environmental impacts, and guiding renewable energy projects. Also, energy-intensive industries are adopting energy-saving technologies to comply with the energy efficiency directive, driving demand for consulting services to develop carbon reduction strategies and energy management solutions.
Europe Environmental Consulting Services Market Strategic Insights
Europe Environmental Consulting Services Market Segmentation Analysis
Key segments that contributed to the derivation of the Europe environmental consulting services market analysis are service type, media type, and vertical.
Governments of various countries impose strict laws and policies to address environmental concerns, such as pollution, climate change, and resource management; as a result, companies are hiring environmental consultants to navigate the complex regulatory landscape. These governments are enacting a wide range of environmental regulations aimed at reducing pollution, conserving resources, and mitigating climate change. A few of these laws and regulations cover different areas such as air and water quality, waste management, carbon emissions, and biodiversity protection. A few government-imposed laws are aimed at promoting resource efficiency, reducing waste, and enhancing sustainability in production processes. For example, the European Commission adopted a set of proposals to make the EU's climate, transport, energy, and taxation policies fit for reducing net greenhouse gas emissions by approximately 55% by 2030. Environmental consultants help industries meet these sustainability goals by conducting audits and advising on energy-saving technologies. Thus, a rise in government regulations and laws for environmental protection boosts the environmental consulting services market growth.
Based on Country, the Europe environmental consulting services market comprises France, Germany, the UK, Italy, Spain, and the Rest of Europe. The UK held the largest share in 2023.
The constant population growth and increasing risks of climate change are a few factors leading to the water scarcity issues in the UK. According to the National Centre for Atmospheric Science, a drought is a recurring result of the UK climate, with the most recent water shortages occurring in 2022. Thus, to meet the growing water requirement of the customer, proper environmental consulting services are needed. Also, the UK government has taken major initiatives for the protection of the environment through various regulations. For instance, the Environment Act, which became law in 2021, acts as the UK's new framework of environmental protection. This Act is intended to promote better environmental protection. To continue their operations in the country, the industries need to adhere to these regulations, which increase the need for environmental consulting services in the country.
Europe Environmental Consulting Services Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 9,543.19 Million
Market Size by 2031
US$ 17,425.60 Million
Global CAGR (2023 - 2031)
7.8%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Service Type
By Media Type
By Vertical
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Environmental Consulting Services Market Company Profiles
Some of the key players operating in the market include Aecom; Jacobs Solutions Inc Arcadis NV; Bechtel Corp; ERM Group, Inc.; Tetra Tech Inc.; Antea Group; Stantec Inc; Ramboll Group A/S; SLR Consulting; and WSP Global Inc, among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Europe Environmental Consulting Services Market is valued at US$ 9,543.19 Million in 2023, it is projected to reach US$ 17,425.60 Million by 2031.
As per our report Europe Environmental Consulting Services Market, the market size is valued at US$ 9,543.19 Million in 2023, projecting it to reach US$ 17,425.60 Million by 2031. This translates to a CAGR of approximately 7.8% during the forecast period.
The Europe Environmental Consulting Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Environmental Consulting Services Market report:
The Europe Environmental Consulting Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Environmental Consulting Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Environmental Consulting Services Market value chain can benefit from the information contained in a comprehensive market report.