The Environmental Consulting industry has experienced mixed results over the past five years, as an increasing emphasis on environmentally sustainable behaviors has been offset by a decline in government funding. Nonetheless, rising private investment as a result of improving economic conditions and an increasing focus by consumers and organizations on reducing human impact on the environment, has renewed revenue growth in recent years. Moreover, disasters have boosted demand for consultants due to the need for emergency site remediation planning and cleanups. Nontheless, revenue has declined overall over the five years to 2018. However, the future of environmental consulting is promising. Environmental regulations are anticipated to increase, particularly in the areas of oil drilling and energy dependence. Customers will increasingly demand the industry's services for advice about drilling offshore and for assistance in implementing more efficient and renewable energy practices, which is expected to return revenue to growth.
This industry provides advice to businesses and federal governments on environmental issues, such as controlling environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multidisciplined staff of scientists, engineers and other technicians.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.