The environmental impact assessments global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Environmental Impact Assessments Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The environmental impact assessments market size has grown rapidly in recent years. It will grow from $30.19 billion in 2023 to $38.56 billion in 2024 at a compound annual growth rate (CAGR) of 27.7%. The growth in the historic period can be attributed to regulatory and public attention on sustainability is growing, increasing public concern over environmental deterioration, rapid pace of industrialization and urbanization, growing awareness of the effects of climate change and environmental pollution, and increasing government regulations on environmental protection.
The environmental impact assessments market size is expected to see exponential growth in the next few years. It will grow to $103.44 billion in 2028 at a compound annual growth rate (CAGR) of 28.0%. The growth in the forecast period can be attributed to growing demand for sustainable development, increasing investments in clean energy projects, increase in demand from diverse sectors, such as oil and gas, growing emphasis on corporate social responsibility (CSR), and growing demand for environmental services from the private sector. Major trends in the forecast period include integration with sophisticated technologies, innovative environmental impact assessments, incorporation of artificial intelligence (AI) in the environmental impact assessments, technological advancements such as cloud computing and geographic information system (GIS) mapping, and innovating technologies that improves the capacity for data collecting and processing.
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Scope Of Environmental Impact Assessments Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Environmental Impact Assessments Market Overview
Market Drivers –
Increasing investments in renewable energy are anticipated to drive the environmental impact assessment (EIA) market. Renewable energy sources are naturally replenished, and investment growth is being driven by awareness of climate change, falling costs of renewable technologies, and the rise of financial instruments like green bonds. EIA helps ensure renewable energy projects are environmentally sustainable and compliant with regulations. According to the World Energy Investment 2024 report by the International Energy Agency, global energy investment is set to surpass $3 trillion, with $2 trillion focused on clean energy. China is projected to invest $675 billion in clean energy, followed by Europe at $370 billion and the U.S. at $315 billion. These growing investments are expected to fuel the expansion of the environmental impact assessment market.
Market Trends –
Major companies operating in the environmental impact assessment market are focused on developing innovative products, such as radiological and environmental impact assessments, to enhance precision, efficiency, and comprehensiveness in evaluating various projects and activities’ potential environmental and radiological effects. Radiological and Environmental Impact Assessments (REIA) are comprehensive evaluations that focus on understanding and mitigating the possible impacts of projects involving radioactive materials or radiation on the environment and public health. For instance, in September 2021, the International Atomic Energy Agency (IAEA), an Austria-based nuclear energy agency, launched Methods for Radiological and Environmental Impact Assessment (MEREIA), a program on radiological and environmental impact assessment approaches. It aims to assist countries in applying assessment methodologies, conceptual models, mathematical models, and data within the broader environmental impact assessment framework. MEREIA will strengthen resources in countries by providing advanced modeling capabilities and a mentoring approach to improve knowledge management. The MEREIA program is designed for professionals from regulatory agencies, operating organizations, technical support bodies, scientists, researchers, decision-makers, and others involved in conducting radiological environmental impact assessments.
The environmental impact assessments market covered in this report is segmented –
1) By Type: Hydrogeology, Hydrology, Contaminated Land, Geo-Conservation, Geotechnical Engineering
2) By Assessment Method: Screening, Scoping, Environmental Impact Assessments (EIA) Report, Review, Monitoring
3) By Application: Governmental, Industrial, Commercial, Residential, Infrastructure
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Regional Insights –
North America was the largest region in the environmental impact assessments market in 2023. The regions covered in the environmental impact assessments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are AECOM Technology Corporation, Bureau Veritas SA, Stantec Inc., GHD Group, Bidwells LLP, BRE Group, BMT Group Ltd., JBA Consulting, OCA Global Corporate Service S.A., Intertek Group PLC, Aspen Environmental Group, KERAMIDA Inc., Millennium EMS Solutions Ltd., Cholamandalam MS Risk Services Ltd., CSA Ocean Sciences Inc., Japan NUS Co. Ltd., EnviroCentre Limited, NGH Environmental Pty Ltd., Enviro-Sciences Inc., WRA Inc.
Table of Contents
1. Executive Summary
2. Environmental Impact Assessments Market Report Structure
3. Environmental Impact Assessments Market Trends And Strategies
4. Environmental Impact Assessments Market – Macro Economic Scenario
5. Environmental Impact Assessments Market Size And Growth
…..
27. Environmental Impact Assessments Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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