Summary
- • In 2020, the global EHS market size was valued at USD 6.3 billion.
- • The EHS market is expected to grow at a CAGR of 8.2% from 2021 to 2028.
- • North America held the largest market share of 38.2% in 2020.
- • The software segment accounted for the largest revenue share of 56.8% in 2020.
- • The services segment is expected to witness the fastest CAGR of 8.7% from 2021 to 2028.
- • The energy and utilities segment held the largest market share of 22.4% in 2020.
- • The healthcare segment is projected to witness the fastest CAGR of 9.1% from 2021 to 2028.
- • In 2019, there were 2.8 million nonfatal workplace injuries and illnesses reported by private industry employers.
- • The total recordable incident rate (TRIR) for private industry was 2.8 cases per 100 full-time equivalent workers in 2019.
- • In 2019, there were 5,333 fatal work injuries recorded in the United States.
- • The fatal work injury rate was 3.5 per 100,000 full-time equivalent workers in 2019.
- • Transportation incidents accounted for 40% of occupational fatalities in 2019.
- • Slips, trips, and falls accounted for 27% of nonfatal workplace injuries in 2019.
- • The construction industry had the highest number of fatal work injuries in 2019, with 1,061 deaths.
- • Global greenhouse gas emissions reached 51.8 billion tonnes CO2e in 2019.
Step right up, folks, and witness the extraordinary world of EHS – where the numbers are as shocking as a thunderclap on a sunny day! In the dizzying realm of Environmental Health and Safety, the figures are larger than life: a global market valued at a whopping USD 6.3 billion, with growth rates that would make a rocket blush at 8.2% CAGR. Brace yourselves as North America struts its stuff with a market share of 38.2%, while the services segment sprints ahead at a mesmerizing 8.7% CAGR. Hold onto your hats (and hard hats) as we delve into the heart-pounding world of workplace safety statistics and environmental impact like never before. Its a rollercoaster ride through the thrilling twists and turns of EHS – are you ready for the adventure?
EHS Technology
- The global EHS software market is expected to reach USD 2.9 billion by 2026.
- Cloud-based EHS solutions are expected to grow at a CAGR of 10.3% from 2021 to 2026.
- Mobile EHS applications are projected to grow at a CAGR of 11.2% from 2021 to 2026.
- Artificial Intelligence in EHS is expected to grow at a CAGR of 25.3% from 2021 to 2026.
- IoT devices for EHS monitoring are projected to reach 12.3 billion units by 2025.
- The adoption rate of EHS management systems in large enterprises is estimated at 78%.
- Predictive analytics in EHS is expected to grow at a CAGR of 22.7% from 2021 to 2026.
Interpretation
In a world where keeping up with workplace health, safety, and environmental standards is no longer a game of chance, the EHS industry is stepping up its technological game. As the global EHS software market gears up to hit a whopping USD 2.9 billion by 2026, it's clear that the future is cloud-based, mobile, AI-driven, and IoT-connected. With a CAGR of 10.3% for cloud solutions, 11.2% for mobile applications, and a staggering 25.3% for AI integration, it seems like EHS is embracing the digital revolution with open arms. Large enterprises appear to be leading the charge, with a commendable adoption rate of 78% for EHS management systems. As predictive analytics in EHS also aims for growth at a robust 22.7% CAGR, it's safe to say that the industry is not only shaping up to be smarter but also proactive in safeguarding our workplaces and the environment. And with IoT devices for EHS monitoring projected to reach a mind-boggling 12.3 billion units by 2025, one thing is for certain - the EHS landscape is evolving faster than you can say "safety first."
EHS Training and Education
- The global EHS training market size was valued at USD 1.2 billion in 2020.
- The EHS training market is expected to grow at a CAGR of 7.5% from 2021 to 2026.
- Online EHS training is projected to grow at a CAGR of 9.2% from 2021 to 2026.
- The construction industry accounted for 23.7% of the EHS training market in 2020.
- Virtual reality-based EHS training is expected to grow at a CAGR of 15.8% from 2021 to 2026.
- The global safety management certification market size was valued at USD 2.85 billion in 2020.
- The safety management certification market is expected to grow at a CAGR of 5.3% from 2021 to 2028.
Interpretation
In a world where workplace safety is paramount and compliance is king, the EHS industry is showing no signs of slowing down. With the global EHS training market on a steady ascent, projected to grow at impressive rates, it's clear that businesses are investing in the well-being of their employees. The rise of online training and virtual reality solutions underscores a shift towards innovative learning methods, while the construction industry's significant role in EHS training highlights the need for rigorous safety protocols in high-risk sectors. As the safety management certification market also continues to expand, it's evident that staying up-to-date with best practices is not just a trend, but a fundamental requirement for success in today's safety-conscious landscape.
Environmental Consulting
- The global environmental consulting services market was valued at USD 29.7 billion in 2019.
- The environmental consulting services market is expected to grow at a CAGR of 4.4% from 2020 to 2027.
- Site remediation consulting services accounted for 29.3% of the environmental consulting market in 2019.
- The water and waste management consulting segment is expected to witness the fastest CAGR of 5.0% from 2020 to 2027.
- North America held the largest market share of 33.7% in the environmental consulting services market in 2019.
- The mining and minerals segment of environmental consulting is projected to grow at a CAGR of 4.8% from 2020 to 2027.
- The global environmental testing market size was valued at USD 9.1 billion in 2020.
Interpretation
In a world where green is the new black and sustainability is not just a buzzword but a way of life, the booming environmental consulting industry is proving to be the hero we never knew we needed. With a market value of USD 29.7 billion in 2019 and a projected CAGR of 4.4% from 2020 to 2027, it's clear that saving the planet is not only good for Mother Earth but also for business. From site remediation to water and waste management, these consultants are the unsung heroes navigating us through the murky waters of environmental crisis. So, while the world may be a mess, at least there are experts willing to clean it up - one sustainable solution at a time.
Environmental Impact
- Global greenhouse gas emissions reached 51.8 billion tonnes CO2e in 2019.
- The energy sector accounted for 73.2% of global greenhouse gas emissions in 2019.
- Industrial processes contributed 5.2% to global greenhouse gas emissions in 2019.
- Global e-waste generation reached 53.6 million metric tons in 2019.
- Only 17.4% of global e-waste was collected and properly recycled in 2019.
- The United States generated 6.92 million metric tons of e-waste in 2019.
- Global water withdrawal for industrial use is estimated at 19% of total water withdrawal.
Interpretation
In a world where numbers often speak louder than words, the statistical snapshot of 2019 paints a vivid picture of our environmental predicament. From the towering 51.8 billion tonnes of greenhouse gases looming over our atmosphere to the staggering 53.6 million metric tons of e-waste cluttering our landfills, the data doesn't hold back in showing our planet's struggle. With only a mere 17.4% of e-waste finding its way to proper recycling facilities, and the energy sector hogging a lion's share of greenhouse gas emissions, it's evident that we are facing a crisis of colossal proportions. As we navigate the intricacies of global industrial processes and water usage, each percentage point becomes a call to action, urging us to rethink our impact on the Earth.
Industrial Hygiene
- The global industrial hygiene market size was valued at USD 1.1 billion in 2020.
- The industrial hygiene market is expected to grow at a CAGR of 6.2% from 2021 to 2026.
- Chemical hazards accounted for 42.3% of the industrial hygiene market in 2020.
- The personal protective equipment (PPE) segment of industrial hygiene is projected to grow at a CAGR of 7.1% from 2021 to 2026.
- The global industrial air quality monitoring system market size was valued at USD 3.8 billion in 2020.
- The industrial air quality monitoring system market is expected to grow at a CAGR of 6.5% from 2021 to 2026.
- The global industrial noise control market size was valued at USD 5.6 billion in 2020.
- The industrial noise control market is expected to grow at a CAGR of 4.5% from 2021 to 2026.
Interpretation
In a world where the sounds of progress can be deafening and the air we breathe is not always as fresh as a daisy, the industrial hygiene market seems to be hitting the right notes. With a symphony of statistics forecasting a crescendo in growth, from the chemical hazards section belting out a strong performance to the personal protective equipment segment marching to a steady beat, it's clear that businesses are tuning in to the importance of health and safety. As the industrial air quality monitoring system market blows past the competition and the industrial noise control market tries to keep the peace, one thing is for sure: in this symphony of safety, the harmony of progress is key.
Market Size and Growth
- In 2020, the global EHS market size was valued at USD 6.3 billion.
- The EHS market is expected to grow at a CAGR of 8.2% from 2021 to 2028.
- North America held the largest market share of 38.2% in 2020.
- The software segment accounted for the largest revenue share of 56.8% in 2020.
- The services segment is expected to witness the fastest CAGR of 8.7% from 2021 to 2028.
- The energy and utilities segment held the largest market share of 22.4% in 2020.
- The healthcare segment is projected to witness the fastest CAGR of 9.1% from 2021 to 2028.
Interpretation
The EHS industry seems to be the healthiest competitor in the global market arena, showing impressive growth figures that would make any financial guru green with envy. With North America taking the lead and the software segment reigning supreme, it's clear that this field is not just about safety compliance – it's a high-stakes game of innovation and efficiency. And let's not forget the underdog services segment, poised to sprint past the competition with its rapid growth rate. With energy and utilities currently holding the crown but healthcare hot on its heels, the EHS industry is shaping up to be a thrilling race to the top. Strap in, folks – this is one market trend you won't want to miss!
Occupational Health
- The global occupational health market size was valued at USD 3.98 billion in 2020.
- The occupational health market is expected to grow at a CAGR of 7.3% from 2021 to 2028.
- Work-related stress, depression, or anxiety accounted for 51% of all work-related ill health cases in 2019/20 in the UK.
- Musculoskeletal disorders accounted for 30% of all work-related ill health cases in 2019/20 in the UK.
- The global corporate wellness market size was valued at USD 51.2 billion in 2020.
- The corporate wellness market is expected to grow at a CAGR of 7.0% from 2021 to 2028.
- Approximately 2.78 million workers die annually from occupational accidents and work-related diseases.
Interpretation
In a world where the phrase "working yourself to death" takes on a chillingly literal meaning, the global occupational health and corporate wellness markets are booming like never before. As we witness a steady rise in work-related stress and musculoskeletal disorders, it seems our bodies are sending a loud message to prioritize well-being over wealth. With billions at stake and millions falling victim to occupational hazards, perhaps it's time for businesses to invest not just in profit margins but also in the health and happiness of their employees. After all, a workforce that's alive and thriving is worth much more than any bottom line.
Process Safety
- The global process safety system market size was valued at USD 3.3 billion in 2020.
- The process safety system market is expected to grow at a CAGR of 3.6% from 2021 to 2026.
- The oil and gas industry accounted for 32.7% of the process safety system market in 2020.
- The emergency shutdown system segment is projected to grow at a CAGR of 4.2% from 2021 to 2026.
- The global functional safety market size was valued at USD 4.6 billion in 2020.
- The functional safety market is expected to grow at a CAGR of 8.2% from 2021 to 2026.
Interpretation
In a world where safety is no laughing matter, the EHS industry statistics paint a serious yet intriguing picture. With the global process safety system market valued at a hefty USD 3.3 billion in 2020, it seems safety is not something we can put a price on. The fact that the oil and gas industry hogged a significant 32.7% of the market highlights the importance of safety measures in high-risk sectors. And let's not forget the emergency shutdown system segment poised for a sprightly 4.2% growth - a reminder that even in the face of emergencies, preparedness is key. Meanwhile, the functional safety market, standing tall at USD 4.6 billion in 2020, is set to leap at an impressive 8.2% CAGR - proving that when it comes to safety, the sky is the limit. So, while the numbers may seem dry, they show that in the realm of safety, growth is not only a statistic but a necessity.
Workplace Safety Statistics
- In 2019, there were 2.8 million nonfatal workplace injuries and illnesses reported by private industry employers.
- The total recordable incident rate (TRIR) for private industry was 2.8 cases per 100 full-time equivalent workers in 2019.
- In 2019, there were 5,333 fatal work injuries recorded in the United States.
- The fatal work injury rate was 3.5 per 100,000 full-time equivalent workers in 2019.
- Transportation incidents accounted for 40% of occupational fatalities in 2019.
- Slips, trips, and falls accounted for 27% of nonfatal workplace injuries in 2019.
- The construction industry had the highest number of fatal work injuries in 2019, with 1,061 deaths.
Interpretation
In 2019, the world of EHS (Environment, Health, and Safety) statistics unveiled a grim reality check among the glitz and glam of the corporate realm. With a staggering 2.8 million nonfatal workplace injuries and a daunting 5,333 fatal work injuries, it's clear that safety in the workplace is more than just a box to tick on a compliance form. From the precarious perils of transportation incidents to the slippery slopes of slips, trips, and falls, it seems like every corner of the office is a potential hazard zone. The construction industry, known for building dreams, unfortunately also leads the charts in fatal work injuries, reminding us that every skyscraper comes with a price. So let this data serve as a wake-up call to all organizations - a safety protocol isn't just a policy, it's a shield against the invisible dangers lurking in the shadows of the office cubicles.