Environmental Services Market Research Reports, Analysis & Trends
Current Trends in Environmental Services Industry
The US environmental consulting services industry includes about 8,000 companies with combined annual revenue of about $12 billion. And demand is driven by the needs of businesses and government agencies to comply with new, existing or anticipated environmental laws and regulations. The profitability of an individual company depends on its ability to accurately predict project costs and to secure contracts with large organizations such as the US government. Large firms have the advantage of providing a wide range of environmental expertise and can thus offer one-stop shopping for clients. Small firms are able to compete by specializing in regional markets or particular areas of expertise. The US industry is fragmented: the 50 largest firms account for about 30%.