Permitting & Compliance Segment is Expected to be Fastest Growing During the Forecast Period For MEA Region
According to this research study titled “MEA Environmental Consulting Services Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Service Type, Media Type, and Vertical,” the market is expected to reach US$ 2,315.78 million by 2028 from US$ 1,476.57 million in 2021. The market is estimated to grow at a CAGR of 6.6% from 2021 to 2028. The report provides trends prevailing in the MEA environmental consulting services market along with the drivers and restraints pertaining to the market growth. Cloud-based consulting replacing conventional consulting methods is the major factor driving the growth of the MEA environmental consulting services market. However, issues associated with lack of regulatory compliance not given proper attention hinders the growth of MEA environmental consulting services market.
The MEA environmental consulting services market is segmented into service type, media type, and vertical. The MEA environmental consulting services market, by service type, is segmented into investment assessment & auditing, permitting & compliance, project & information management, monitoring & testing, and others. Other’s segment held the largest market share in 2020. The MEA environmental consulting services market, by media type, is segmented into water management, waste management, and others. Water management segment held the largest market share in 2020. The MEA environmental consulting services market, by vertical, is segmented into energy & utilities, chemicals & petroleum industries, manufacturing & process industries, transportation & construction sectors, and others. Energy & utilities segment held the largest market share in 2020.
Amid COVID-19 outbreak, owing to the various containment measure initiated by the government such as travel restrictions, factory shutdown, and lockdowns, the supply and distribution of electronics equipment are hampered. The demand for environmental consulting services has weakened over the past couple of months, which has hindered the revenue streams of environmental consulting service provider operating in MEA. Moreover, MEA is anticipated to witness more economic downturn than other global economies as there is already pressure on economy of various oil-based countries due to falling oil prices. In addition, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in MEA’s economic condition and the impact of COVID-19 pandemic on the growth of various industries in the region are expected to negatively impact the growth of MEA environmental consulting services market in 2021.
AECOM; Antea Group; Arcadis N.V.; Bechtel Corporation; ERM Group, Inc.; Golder Associates; Jacobs Engineering Group Inc.; John Wood Group PLC; Ramboll Group A/S; SLR Consulting; Stantec Inc.; and Tetra Tech Inc. are among the leading companies in the MEA environmental consulting services market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, SLR Consulting announced it has expanded in Africa by opening a new office in Accra, Ghana.
The report segments the MEA Environmental Consulting Services Market as follows:
MEA Environmental Consulting Services Market - By Service Type
MEA Environmental Consulting Services Market - By Media Type
MEA Environmental Consulting Services Market - By Vertical
MEA Environmental Consulting Services Market - By Country
The MEA environmental consulting services market is segmented into service type, media type, and vertical. The MEA environmental consulting services market, by service type, is segmented into investment assessment & auditing, permitting & compliance, project & information management, monitoring & testing, and others. Other’s segment held the largest market share in 2020. The MEA environmental consulting services market, by media type, is segmented into water management, waste management, and others. Water management segment held the largest market share in 2020. The MEA environmental consulting services market, by vertical, is segmented into energy & utilities, chemicals & petroleum industries, manufacturing & process industries, transportation & construction sectors, and others. Energy & utilities segment held the largest market share in 2020.
Amid COVID-19 outbreak, owing to the various containment measure initiated by the government such as travel restrictions, factory shutdown, and lockdowns, the supply and distribution of electronics equipment are hampered. The demand for environmental consulting services has weakened over the past couple of months, which has hindered the revenue streams of environmental consulting service provider operating in MEA. Moreover, MEA is anticipated to witness more economic downturn than other global economies as there is already pressure on economy of various oil-based countries due to falling oil prices. In addition, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in MEA’s economic condition and the impact of COVID-19 pandemic on the growth of various industries in the region are expected to negatively impact the growth of MEA environmental consulting services market in 2021.
AECOM; Antea Group; Arcadis N.V.; Bechtel Corporation; ERM Group, Inc.; Golder Associates; Jacobs Engineering Group Inc.; John Wood Group PLC; Ramboll Group A/S; SLR Consulting; Stantec Inc.; and Tetra Tech Inc. are among the leading companies in the MEA environmental consulting services market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, SLR Consulting announced it has expanded in Africa by opening a new office in Accra, Ghana.
The report segments the MEA Environmental Consulting Services Market as follows:
MEA Environmental Consulting Services Market - By Service Type
- Investment Assessment & Auditing
- Permitting & Compliance
- Project & Information Management
- Monitoring & Testing
- Others
MEA Environmental Consulting Services Market - By Media Type
- Water Management
- Waste Management
- Others
MEA Environmental Consulting Services Market - By Vertical
- Energy & Utilities
- Chemical & Petroleum
- Manufacturing & Process Industries
- Transportation & Construction Industries
- Others
MEA Environmental Consulting Services Market - By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Environmental Consulting Services Market Landscape
5. MEA Environmental Consulting Services Market - Key Industry Dynamics
6. Environmental Consulting Services Market - MEA Analysis
7. MEA Environmental Consulting Services Market Revenue and Forecast to 2028 - Service Type
8. MEA Environmental Consulting Services Market Analysis- By Media Type
9. MEA Environmental Consulting Services Market Analysis - By Vertical
10. MEA Environmental Consulting Services Market - Country Analysis
11. Impact of COVID-19 Pandemic on MEA Environmental Consulting Services Market
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AECOM
- Antea Group
- Arcadis N.V.
- Bechtel Corporation
- ERM Group, Inc.
- Golder Associates
- Jacobs Engineering Group Inc.
- John Wood Group PLC
- Ramboll Group A/S
- SLR Consulting
- Stantec Inc.
- Tetra Tech Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 166 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 1476.57 Million |
| Forecasted Market Value ( USD | $ 2315.78 Million |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Africa, Middle East |
