Global HSE consulting and training services market is expected to rise to an estimated value of USD 57.94 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing levels of concerns regarding the well-being of workers operating in difficult circumstances and conditions.
The data within the whole HSE consulting and training services report is displayed in a statistical format to offer a better understanding upon the dynamics. The market report makes businesses to focus on the more important aspects of the market. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behavior, pricing factors and market performance and estimation throughout the forecast period. This HSE consulting and training services report also includes geographical markets and key players that have adopted significant strategies for business developments.
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Major Market Competitors/Players: Global HSE Consulting and Training Services Market
Few of the major competitors currently working in the HSE consulting and training services market are Sigma-HSE Ltd; RPS Group; STE GROUP; STS CONSULTING SERVICES; WHA Services; Novo IRESC India Private Limited; WorldStarHSE; Aegide International; Forge Safety, LLC; HSE Consulting Limited; HSE Consulting Services, LLC; Cority Software Inc.; Astutis; ETQ, LLC; Clutch Safety Solutions Ltd.; SSG; Quentic; The Safe Step; Sphera; VelocityEHS; Enablon; Intelex Technologies; Gensuite; ENVIANCE; Optial UK Ltd; Verisk 3E and SAP SE.
Key Developments in the Market:
In May 2019, Sphera announced that they had acquired SiteHawk LLC, with the company focused on providing services to organisations from manufacturing, automotive, oil & gas, chemicals and many more. The services include data management, intelligence and safety reporting, compliance and risk management. This acquisition will help in expansion of service and capabilities of Sphera over a number of industry verticals.
In November 2017, EcoIntense GmbH announced that they had acquired NordSafety, with this acquisition enhancing the position of the organisation to a leader of HSE services in the European region. This acquisition will also help in adding an innovative method of delivering these services to a broader range of consumers.
Increased stringency and presence of regulations regarding the health and safety of workers in working environment is expected to positively affect the growth of the market
Compulsion in teaching and providing training services to the workers/employees in various manufacturing environments; this factor is expected to drive the market growth
Varied information provided to the workers that may not require their usage with the implementation of these services; this factor is expected to restrain the growth
High cost associated with the implementation of these training services is expected to act as a restraint to the growth of the market
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Segmentation: Global HSE Consulting and Training Services Market
(Risk Assessment/Management, Accident Reporting, Hazard Analysis Management, Contract Management, Process Mapping, Incident Investigation & Claims Management, Program Development & Audits, Industrial Hygiene, Occupational Health Services, Others),
(Manufacturing, Utilities, Government, Construction & Real Estate, Logistics & Transportation, Others),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Global HSE consulting and training services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of HSE consulting and training services market for global, Europe, North America, Asia-Pacific and South America.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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