- Language: English
- 86 Pages
- Published: October 2011
- Region: United States
Environmental Consulting Servicesin the US
- Published: February 2014
- Region: United States
- 10 pages
- First Research
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Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide advice and assistance to businesses and other organizations on environmental issues. Major US-based companies include Veolia Environmental Services North America and Tetra Tech, as well as the environmental and consulting divisions of large engineering and construction firms such as Bechtel, CH2M HILL, and URS. Other major companies include AMEC Earth & Environmental and Golder Associates (both based in Canada), Environmental Resources Management (the UK), and Arcadis (Netherlands).
Worldwide, the environmental consulting industry generates about $27 billion in revenue annually, according to Environment Analyst. Growth is expected to come from Africa, China, India, and Southeast Asia. The US and Western Europe are major markets for environmental consulting services but are seeing slow growth in demand.
The US environmental consulting services industry includes about 8,000 companies with combined annual revenue of about $12 billion.
Demand is driven by the needs of businesses and government agencies to comply with new, existing or anticipated environmental laws and regulations. The profitability of an individual company depends on its ability to accurately predict project costs and to secure contracts with large organizations such as the US government. Large firms have the advantage of providing a wide range of environmental expertise and can thus offer one-stop shopping for clients. Small firms are able to compete by specializing in regional markets or particular areas of expertise. The US industry is fragmented: the 50 largest firms account for about 30 percent... SHOW LESS READ MORE >
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