Middle East & Africa Environmental Consulting Services Market
No. of Pages: 166 | Report Code: TIPRE00022981 | Category: Technology, Media and Telecommunications
No. of Pages: 166 | Report Code: TIPRE00022981 | Category: Technology, Media and Telecommunications
The MEA region includes countries such as South Africa, Saudi Arabia, the UAE, and rest of Middle East and Africa. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the varied industrial sectors. The oil & gas industry in the UAE accounts for 40% of the total GDP. The MEA countries such as the UAE and Saudi Arabia are financially developed nations, while the African countries lag in terms of rapid growth. These countries focus extensively on the clean energy generation, which plays a significant role in contributing to the country’s economy. Further, the government involvement for diversifying revenue resources in the Gulf countries has increased in the past couple of years in the wake of dipping oil prices. Further, the increase in population and rising need for energy are among the factors contributing to the growth of the power generation sector, which will subsequently affect the growth of environmental services market.
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.
Strategic insights for the Middle East & Africa Environmental Consulting Services provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1,476.57 Million |
| Market Size by 2028 | US$ 2,315.78 Million |
| Global CAGR (2021 - 2028) | 6.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Service Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Environmental Consulting Services refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The environmental consulting services market in MEA is expected to grow from US$ 1,476.57 million in 2021 to US$ 2,315.78 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028. Growing environmental concerns coupled with strict regulatory measures to curb GHG emissions, have shifted the focus toward integration of efficient energy conservation initiatives in the Middle East region. Moreover, positive regulatory prospects along with increasing technological precision are projected to augment the environmental consulting services market in the MEA region.
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.
A few major primary and secondary sources referred to for preparing this report on the environmental consulting services market in MEA are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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.
The Middle East & Africa Environmental Consulting Services Market is valued at US$ 1,476.57 Million in 2021, it is projected to reach US$ 2,315.78 Million by 2028.
As per our report Middle East & Africa Environmental Consulting Services Market, the market size is valued at US$ 1,476.57 Million in 2021, projecting it to reach US$ 2,315.78 Million by 2028. This translates to a CAGR of approximately 6.6% during the forecast period.
The Middle East & Africa Environmental Consulting Services Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Environmental Consulting Services Market report:
The Middle East & Africa Environmental Consulting Services Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Environmental Consulting Services Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Environmental Consulting Services Market value chain can benefit from the information contained in a comprehensive market report.
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