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    Environmental Consulting Services Industry Profile

    Report Page Length: 10-12
    Last Quarterly Update: 4/5/2021
    SIC Codes: 8748, 8999
    NAICS Codes: 541620
    Chapters Include:
    Industry Overview Trends & Challenges Industry Forecast
    Quarterly Industry Update Call Prep Questions Website & Media Links
    Business Challenges Financial Information Glossary & Acronyms
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    Excerpt from Environmental Consulting Services Industry Profile

    Major US-based companies include Tetra Tech and Veolia North America, as well as the environmental and consulting divisions of engineering and construction firms such as AECOM, Bechtel, and Jacobs. Other major companies outside the US include ERM and RPS (both based in the UK), Arcadis (the Netherlands), and Golder (Canada).

    Worldwide, the environmental consulting industry generates about $35 billion in revenue annually, according to Civil + Structural Engineer Magazine. Growth is expected to come primarily from Asia-Pacific, particularly China as it works to clean up its manufacturing sector. North America and Western Europe are major but mature markets for environmental consulting services with steady demand and about 75% of global revenue.

    The US environmental consulting services industry includes about 10,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $15 billion.

    COMPETITIVE LANDSCAPE

    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 ...

     
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