Insights Into The Built And Natural Environment Consulting Market’s Growth Potential 2024-2033
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The built and natural environment consulting market has demonstrated robust growth, ascending from $64.27 billion in 2023 to $68.81 billion in 2024, with a CAGR of 7%. This growth is attributed to environmental regulations, urbanization, infrastructure development, initiatives addressing climate change mitigation and adaptation, and concerns for public health. The market is expected to reach $85.93 billion in 2028, with a CAGR of 5.7%, driven by sustainability initiatives, resilience planning in response to climate change, adoption of green infrastructure and nature-based solutions, circular economy practices, and integration of emerging technologies. Major trends include integration of nature-based solutions, adoption of digital twin technology, focus on health and well-being, resilience planning for climate risks, and the rise of circular economy practices.
The built and natural environment consulting market is poised for expansion, paralleling the growth witnessed in the infrastructure sector. The symbiotic relationship between infrastructure development and consulting services is pivotal for establishing sustainable and functional communities. It is imperative for infrastructure projects to align with sustainability objectives and community needs to ensure efficacy and cost-efficiency. Data from USAFacts indicates significant federal spending on infrastructure, with a notable allocation to highways, air travel, and other essential sectors. The substantial investment by the federal government underscores the crucial role of consulting services in ensuring the success and sustainability of infrastructure projects. Consequently, the burgeoning demand from the infrastructure sector propels the growth of the built and natural environment consulting market, with projections extending to 2028.
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What Are The Key Trends That Influence Built And Natural Environment Consulting Market Share Analysis?
Companies in the built and natural environment consulting market are developing ESG and sustainability software solutions to expand their offerings. These tools assist organizations in assessing environmental, social, and governance impacts. For example, KPA introduced ESG and Sustainability software in October 2023. This innovative platform helps collect and automate critical data for sustainability initiatives, offering a centralized system for managing ESG metrics and carbon accounting.
Which Market Players Are Driving Growth In The Built And Natural Environment Consulting Market?
Major companies operating in the market areBechtel 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
How Is The Global Built And Natural Environment Consulting Market Segmented?
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
Read The Full Built And Natural Environment Consulting Market Report Here
The Built And Natural Environment Consulting Global Market Report 2024 provides an overview of the built and natural environment consultingmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The built and natural environment consulting market forecast analyzes built and natural environment consulting market size, built and natural environment consulting market share, leading competitor and their market positions.
The Table Of Content For The Built And Natural Environment Consulting Market Include
1. Built And Natural Environment Consulting Market Executive Summary
2. Built And Natural Environment Consulting Market Segments
3. Built And Natural Environment Consulting Market Size And Template Market Growth Rate
4. Key Built And Natural Environment Consulting Market Trends
5. Major Built And Natural Environment Consulting Market Drivers
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25. Key Mergers And Acquisitions In The Built And Natural Environment Consulting Market
26. Top Built And Natural Environment Consulting Companies
27. Built And Natural Environment Consulting Market Opportunities And Strategies
28. Built And Natural Environment Consulting Market, Conclusions And Recommendations
29. Appendix
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