$22.2bn
$XX.Xbn
145k
60,813
$X.Xbn
Revenue for the Environmental Consulting industry has been volatile over the past five years. Increasing concerns for environmental sustainability and rising construction activity prior to the onset of COVID-19 benefited the industry early on. However, weak nonresidential construction activity during the pandemic placed downward pressure on revenue. Rising interest rates stunted revenue growth in 2022. Consequently, industry revenue has decreased at a CAGR of 1.1% to $22.6 billion over the past five years, despite a projected rise of 1.5% in 2023 alone amid rising corporate profit and government consumption and investment.
Industry revenue has declined at a CAGR of 1.5 % over the past five years, to reach an estimated $22.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Aecom | 10,579.7 | 644.0 | 6.1 | |
Jacobs Engineering Group Inc. | 6,909.0 | 253.0 | 3.7 | |
Tetra Tech, inc. | 2,112.9 | 258.4 | 12.2 |
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Industry revenue is measured across several distinct product and services lines, including Environmental assessments, Environmental audits and Site remediation planning services. Environmental assessments is the largest segment of the Environmental Consulting in the US.
Increasingly stringent environmental regulations raise the need for environmental assessments
This industry provides advice to businesses and federal governments on environmental issues, such as controlling environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multidisciplined staff of scientists, engineers and other technicians.
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NAICS 54162 - Environmental Consulting in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The Biden Administration has issued numerous executive actions regarding the environment. An increasing focus by the administration on climate change enhances the need for en...
Learn about an industry's products and services, markets and trends in international trade.
The government provides an essential demand base for environmental consultants. Local, state and federal governments provide stable demand for many industry services.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Construction, agriculture and manufacturing influence the location of environmental consultants. The largest industry markets sway the geographic distribution of operators.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Environmental consulting firms often strike a balance between diversification and specialization. On one hand, diversifying the range of services offered can make a firm more...
Learn about the performance of the top companies in the industry.
Jacobs Engineering Group has recently secured key contracts with government entities. This includes a contract with NASA for environmental consulting and restoration services...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Federal Reserve raised interest rates several times in response to surging inflation, raising the cost of borrowing for downstream markets. This has limited demand in rec...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The ability to provide environmental consulting services virtually has benefited profit levels. The COVID-19 (coronavirus) pandemic has accelerated this trend.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Environmental Consulting in the US industry in United States is $22.2bn in 2024.
There are 60,813 businesses in the Environmental Consulting in the US industry in United States, which has grown at a CAGR of 1.0 % between 2019 and 2024.
The market size of the Environmental Consulting in the US industry in United States has been declining at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Environmental Consulting in the US industry in United States is expected to grow.
The biggest companies operating in the Environmental Consulting market in United States are Aecom, Jacobs Engineering Group Inc. and Tetra Tech, inc.
Environmental assessments and Environmental audits are part of the Environmental Consulting in the US industry.
The company holding the most market share in United States is Aecom.
The level of competition is moderate and increasing in the Environmental Consulting in the US industry in United States.