Dublin, June 03, 2021 (GLOBE NEWSWIRE) -- The "Water and Waste Management Consulting Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global water and waste management consulting services market as it emerges from the COVID-19 shut down.
The global water and waste management consulting services market is expected to grow from $7.79 billion in 2020 to $8.59 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $11.41 billion in 2025 at a CAGR of 7.4%.
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Where is the largest and fastest growing market for the water and waste management consulting services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Water and Waste Management Consulting Service market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider water and waste management consulting services market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The water and waste management consulting services market section of the report gives context. It compares the water and waste management consulting services market with other segments of the water and waste management consulting services market by size and growth, historic and forecast.
Major players in the water and waste management consulting services market are Tetra Tech Inc, Arcadis NV, WorleyParsons, Stantec Inc., and AECOM.
The water and waste management consulting services market consists of the sales of water and waste management consulting services by entities (organizations, sole traders and partnerships) that provide advice and assistance to business entities and other organizations on activities such as wastewater treatment and solid waste management. They offer expertise on processes to treat industrial waste such as solid, liquid, gaseous or radioactive substances from a wide range of industries and organizations. Only goods and services traded between entities or sold to end consumers are included.
SaaS (software-as-a-service)-based consulting is the recent trend gaining popularity in water and waste management consulting. The use of the SaaS platform is increasing in companies to deliver online services such as water quality management, EHS compliance, and carbon reporting. SaaS delivery model operates when a software vendor provides access to its software and works remotely as a web-based service. Many companies are offering SaaS to water and waste management companies to improve the operations performed by the company. For instance, Trimble offers a new SaaS program for remote monitoring of water and wastewater infrastructure. With the new SaaS program, water and wastewater utilities can access the hardware and software technologies through subscription to be utilized for remote monitoring of critical infrastructure.
The water and waste management consulting services market covered in this report is segmented by waste into solid waste management; wastewater management. It is also segmented by treatment into primary treatment; secondary treatment; tertiary treatment; others, by application into municipal waste; industrial waste; others and by service into strategic solid waste management and planning; water treatment and distribution system designs; design and documentation for recycling and waste disposal facilities; environmental and social impact assessment; sewage system setup services; other services.
In June 2020, Trinity Consultants, Inc., a consulting firm in engineering, EHS, and science, announced the acquisition of Vision Environment Australia (VE), an Australia-based environmental consulting firm, for an undisclosed amount. Vision Environment (VE) specializes in environmental monitoring, marine ecology, and water quality and served clients in industrial organizations that impacted marine environments across New Zealand and Australia. The acquisition will help Trinity in adding resources and capabilities that will boost the company growth. VE's qualified staff, field equipment, and commercial vessels will help Trinity to collect real-time water quality data and help the business grow in Australia, New Zealand, and beyond. Vision Environment (VE) is an Australia-based company working in the field of water quality and marine ecology.
The increasing industrial and municipal waste due to rapid urbanization is contributing to the growth of the water and waste management consulting services market. Due to urbanization, there would be a rapid increase in production and consumption that generates waste from several sources such as domestic wastes, commercial wastes, institutional wastes and industrial wastes. According to the World Bank report updated in September 2019, with rapid population growth and urbanization, annual waste generation is expected to increase by 70% from 2016 levels to 3.40 billion tons in 2050. According to Waste Dive, a supplier of recycling equipment, every year about 2.01 billion metric tons of municipal solid waste (MSW) is produced globally. The report also states that 40% of waste worldwide is mismanaged and is dumped or burnt in open spaces indicating that there is a huge untapped market for waste management consulting services.
Insufficient funding for water and waste management is risking the water and sanitation services industry, especially in the less developed countries. According to the United Nations (UN) Global Assessment and Analysis of Sanitation and Drinking-Water (GLAAS) 2019 report that surveyed 4.5 billion people from 115 countries, in the majority of countries, the implementation of water, sanitation and hygiene policies are constrained by inadequate financial and human resources. Around 19 countries out of 115 surveyed countries reported a funding gap of more than 60% in identified needs and available funding. Out of surveyed countries, 94% of countries have policies for drinking water and sanitation, 79% have for hygiene and plans to implement these policies but less than one-sixth of countries have enough finance to implement them. Therefore, inadequate funding from local administrators, governments, and international bodies is restraining the growth of the water and waste management consulting services market.
Key Topics Covered:
1. Executive Summary
2. Water and Waste Management Consulting Services Market Characteristics
3. Water and Waste Management Consulting Services Market Trends and Strategies
4. Impact of COVID-19 on Water and Waste Management Consulting Services
5. Water and Waste Management Consulting Services Market Size and Growth
6. Water and Waste Management Consulting Services Market Segmentation
7. Water and Waste Management Consulting Services Market Regional and Country Analysis
7.1. Global Water and Waste Management Consulting Services Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Water and Waste Management Consulting Services Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Water and Waste Management Consulting Services Market
9. China Water and Waste Management Consulting Services Market
10. India Water and Waste Management Consulting Services Market
11. Japan Water and Waste Management Consulting Services Market
12. Australia Water and Waste Management Consulting Services Market
13. Indonesia Water and Waste Management Consulting Services Market
14. South Korea Water and Waste Management Consulting Services Market
15. Western Europe Water and Waste Management Consulting Services Market
16. UK Water and Waste Management Consulting Services Market
17. Germany Water and Waste Management Consulting Services Market
18. France Water and Waste Management Consulting Services Market
19. Eastern Europe Water and Waste Management Consulting Services Market
20. Russia Water and Waste Management Consulting Services Market
21. North America Water and Waste Management Consulting Services Market
22. USA Water and Waste Management Consulting Services Market
23. South America Water and Waste Management Consulting Services Market
24. Brazil Water and Waste Management Consulting Services Market
25. Middle East Water and Waste Management Consulting Services Market
26. Africa Water and Waste Management Consulting Services Market
27. Water and Waste Management Consulting Services Market Competitive Landscape and Company Profiles
27.1. Water and Waste Management Consulting Services Market Competitive Landscape
27.2. Water and Waste Management Consulting Services Market Company Profiles
27.2.1. Tetra Tech Inc
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Arcadis NV
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. WorleyParsons
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Stantec Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. AECOM
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Water and Waste Management Consulting Services Market
29. Water and Waste Management Consulting Services Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/52nngt
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