The Environment, Health, and Safety (EHS) market is gaining traction, due to stringent government regulations and guidelines; rising awareness about EHS among employees and organizations; increasing number of accidents, especially in mining, energy, construction, and chemical industries; and growing investments by end-users. MarketsandMarkets forecasts the global EHS market size to grow from USD 4.36 Billion in 2017 to USD 7.38 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period.

There are several established players in the EHS market, including SAP (Germany), Enablon (US), EtQ (US), Intelex (Canada), Gensuite (US), Enviance (US), Cority (Canada), Verisk 3E (US), VelocityEHS (US), Optial (UK), Sphera Solutions (US), and SiteHawk (US). These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new product developments, to achieve growth in the global EHS market.
In January 2018, Sphera launched a new cloud-based platform, named SpheraCloud. This platform was designed to help businesses improve their decision-making skills and performance with an integrated view of their risk and compliance portfolio.

In October 2016, Intelex introduced Asset and Compliance Tracking System (ACTS) for manufacturing companies. This solution helps manufacturers govern their environmental risks and compliance, as well as, operations and emissions management, including Greenhouse Gas (GHG), Hazardous Air Pollutants (HAPs), and criteria pollutants.

In June 2016, Intelex acquired Ecocion, a leading SaaS provider of Environmental Management Information Systems (EMIS), which helps businesses govern their environmental risks and compliances, regulatory requirements, and Greenhouse Gas (GHG) emissions. Cority partnered with ERM, a global EHS and sustainability solution provider, to enhance Environmental Health Safety and Quality (EHSQ) expertise and expand a set of the available global consulting services.

In September 2017, SiteHawk partnered with Enablon, a leading provider of sustainability, EHS, and operational risk management. This partnership enabled Enablon and SiteHawk to help drive their customers’ operational excellence and deliver sustainable performance.

Related Reports:

EHS Market by Solution, Service (Project Deployment & Implementation Service, Consulting & Advisory Service, Audit, Assessment, & Regulatory Compliance Service), Vertical (Energy & Utilities, Healthcare), and Region - Global Forecast to 2022

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