Market Size –
The built and natural environment consulting market size has grown strongly in recent years. It will grow from $64.27 billion in 2023 to $68.81 billion in 2024 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to environmental regulations, urbanization and infrastructure development, climate change mitigation and adaptation, public health concerns.
The built and natural environment consulting market size is expected to see strong growth in the next few years. It will grow to $85.93 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to sustainability initiatives and ESG reporting, resilience planning in response to climate change, green infrastructure and nature-based solutions, circular economy and waste management, emerging technologies and digitalization. Major trends in the forecast period include integration of nature-based solutions, adoption of digital twin technology, focus on health and well-being, resilience planning for climate risks, rise of circular economy practices.
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Scope Of Built And Natural Environment Consulting Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Built And Natural Environment Consulting Market Overview
Market Drivers –
The growth in the infrastructure sector is expected to propel the built and natural environment consulting market going forward. The collaboration between infrastructure development and built and natural environment consulting is critical for establishing sustainable, adaptable, and functional communities. The significant connection indicates that infrastructure projects are aligned with sustainability objectives and community demands and are useful and cost-effective. For instance, in 2023, according to the USAFacts, a US-based nonpartisan, not-for-profit civic initiative that provides easy access to government data, highway transportation accounted for around 44% of federal transportation and infrastructure spending in 2023, with air travel accounting for another 23%. Rail and mass transit (22%) and water (10%) accounted for the remaining percentage. Moreover, the federal government spent $44.8 billion on infrastructure in 2023, with an additional $81.5 billion allocated to states. Therefore, the growing demand from the infrastructure sector is driving the growth of the built and natural environment consulting market.
Market Trends –
Major companies operating in the built and natural environment consulting market are focused on developing ESG and sustainability EHS Software to advance their market offering and to highlight the product portfolio with advanced solutions. ESG (Environmental, Social, and Governance) and sustainability software refer to software solutions that assist organizations in gathering, analyzing, and reporting on their sustainability activities. These tools help firms assess their environmental, social, and governance impacts. For instance, in October 2023, KPA, a US-based developer of environmental, health and safety and human resources software, launched ESG and Sustainability software for KPA EHS Software, powered by Brightest. This innovative software is designed to help organizations collect critical data, accelerate their work, and create positive outcomes for stakeholders and the planet. The ESG and Sustainability software offers a centralized system for supplier environment, social, and governance (ESG) data gathering, assessment, risk management, governance, and reporting. It provides a flexible, streamlined tool for centralizing, collecting, and automating data from various sources such as surveys, materiality assessments, spreadsheets, PDFs, and business systems. Additionally, the software includes Scope 1-2-3 CO2 accounting capabilities to measure all GHG emissions and carbon accounting footprints.
The built and natural environment consulting market covered in this report is segmented –
1) By Service Type: Urban And Regional Planning, Architecture And Design, Civil Engineering, Environmental And Sustainability Consulting, Landscape Design, Sustainability And Green Building Consulting, Geospatial And Geographic Information Systems (GIS) Consulting
2) By Application: Transportation Planning, Environmental Impact Assessment (EIA), Sustainable Development, Historic Preservation, Landscape And Outdoor Spaces
3) By End-User Industry: Government And Public Sector, Construction And Real Estate, Energy And Utilities, Transportation And Infrastructure, Manufacturing, Other End Users
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Regional Insights –
North America was the largest region in the built and natural environment consulting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the built and natural environment consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the built and natural environment consulting market are Bechtel Corporation, AECOM, WSP Global Inc., Worley, SNC-Lavalin Group Inc., Wood plc, Stantec Inc., Parsons Corporation, Jacobs Engineering Group Inc., Tetra Tech Inc., Black & Veatch, HDR Inc., Mott MacDonald, Ramboll Group, Arup, GHD Group, HNTB Corporation, Terracon Consultants Inc., Arcadis, Environmental Resources Management (ERM), Dewberry, Langan Engineering and Environmental Services, Kleinfelder, SWCA Environmental Consultants, Kimley-Horn, Moffatt & Nichol, Cardno, Michael Baker International
Table of Contents
1. Executive Summary
2. Built And Natural Environment Consulting Market Characteristics
3. Built And Natural Environment Consulting Market Trends And Strategies
4. Built And Natural Environment Consulting Market – Macro Economic Scenario
5. Global Built And Natural Environment Consulting Market Size and Growth
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31. Built And Natural Environment Consulting Market Other Major And Innovative Companies
32. Global Built And Natural Environment Consulting Market Competitive Benchmarking
33. Global Built And Natural Environment Consulting Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Built And Natural Environment Consulting Market
35. Built And Natural Environment Consulting Market Future Outlook and Potential Analysis
36.Appendix
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