US Environment Health & Safety Market Insights Forecasts to 2033

• The US Environment Health & Safety Market Size was valued at USD 17.12 Billion in 2023.
• The Market is growing at a CAGR of 7.17 % from 2023 to 2033
• The US Environment Health & Safety Market Size is expected to reach USD 34.23 Billion by 2033

US Environment Health & Safety Market is anticipated to exceed USD 34.23 Billion by 2033, growing at a CAGR of 7.17 % from 2023 to 2033.

Market Overview

The multidisciplinary field of environmental health, and safety (EHS) is concerned with safeguarding both the environment and public health in a variety of contexts, such as workplaces, neighborhoods, and public areas. EHS's primary goals are to detect and reduce possible risks, stop mishaps, and advance a secure and healthy work and living environment. 32.6% of the world market for environment, health, and safety was accounted for by the United States. This growth trend is explained by the strict EHS regulations that businesses must adhere to, which force them to invest heavily in EHS procedures to avoid paying hefty fines and penalties for non-compliance. Government EHS departments enforce adherence to standards that promote collective environmental protection, occupational safety, and health and wellness through the use of EHS regulations. Examples of these departments are the Environmental Protection Agency (EPA) and the Occupational Safety and Health Administration (OSHA) in the US. Comparably, international organizations such as the International Organization for Standardization (ISO) create standards and certify organizations that follow them.

Report Coverage

This research report categorizes the market for the US environment health & safety market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the environment health & safety market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the environment health & safety market.

Driving Factors

Companies operating in the United States are subject to stringent environmental, health, and safety standards and laws, including the Toxics Release Inventory (TRI). It is expected that these strict regulations will spur industry expansion. Environmental protection regulations have also been developed as a result of growing public awareness of environmental issues, and this is anticipated to propel market expansion.

Restraining Factors

The complexity and dispersed nature of these systems make it difficult to integrate EHS software with current enterprise systems, such as ERP or legacy data management systems.

Market Segmentation

The US environment health & safety market share is classified into product and deployment mode.

• The services segment is expected to hold the largest market share through the forecast period.   

The US environment health & safety market is segmented by product into services and software. Among these, the services segment is expected to hold the largest market share through the forecast period. This dominance is explained by the vital role that EHS services play in mitigating risk, guaranteeing regulatory compliance, and enhancing overall operational effectiveness. These services cover a wide range of tasks, such as project execution, analytics, audits, and environmental consulting, among others.

• The on-premise segment dominates the market with the largest market share over the predicted period.

The US environment health & safety market is segmented by deployment mode into cloud and on-premise. Among these, the on-premise segment dominates the market with the largest market share over the predicted period. The dominance of on-premises solutions can be ascribed to their ability to provide control, security, and customization. On-premises EHS solutions are preferred by many firms, especially those in highly regulated industries since they offer more control over data and systems and the flexibility to tailor the program to meet specific requirements.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US environment health & safety market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Enablon
• Quentic
• Cority
• SAI Global
• VelocityEHS
• Sphera
• SHE Software
• Gensuite
• Intelex Technologies
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2024, Sphera purchased SupplyShift, a provider of software for supply chain sustainability. With the addition of expanded supplier mapping, scoring, and traceability capabilities, this purchase enhances Sphera's supply chain offering.

Market Segment

This study forecasts revenue at US, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the US Environment Health & Safety Market based on the below-mentioned segments:

US Environment Health & Safety Market, By Product

• Services
• Software

US Environment Health & Safety Market, By Deployment Mode

• Cloud
• On-premise