Environmental Consulting in the US
The Environmental Consulting industry has experienced mixed results over the five years to 2019, as an increasing emphasis on environmentally sustainable behaviors has been offset by sluggish growth in government funding. While indirect government assistance through the American Recovery and Reinvestment Act prior to the five-year period aided the industry in the recessionary aftermath, state and local governments have since continued to experience budget deficits, leading them to reduce funding for industry services as stimulus funding wound down. Consequently, industry revenue declined during the current five-year period. The future of environmental consulting is promising; environmental regulations are anticipated to increase over the five years to 2024 as globalized pressures to reduce toxic emissions continue to rise, particularly in the areas of oil drilling and energy dependence.
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.
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