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Incident and Emergency Management Market – Growth, Trends and Forecast (2020 – 2025)

According to the findings in a recent market research report, the incident and emergency management market was valued at USD 97.73 billion in 2020 and is expected to reach USD 137.84 billion by 2025, with a CAGR of 6.03% during the forecast period (2020-2025). Emergency situations are highly unpredictable; it takes intense planning, time, and human resources to recover from crisis situations.

Emergency response systems are a vital component in speeding up the recovery process. Governments are increasingly trying to develop intelligent mitigation plans to minimize the response time and damage caused by both natural and man-made disasters.

Climate change is leading to increased frequency and severity of extreme weather events across regions. Centre for Research on the Epidemiology of Disasters reported that the amount of flood and storm catastrophes have risen by 7.4 % annually, in recent times.

Among end-users, a few, like educational institutions and hospitality firms, have a lower level of awareness and deployment of such software solutions and are mostly into recovery post-incident. Such low adoption rates are likely to affect the market revenues over and during the forecast period.

Scope of the Report

Incident and emergency management refer to a standardized approach, which prevents & manage incidents or humanitarian emergencies that have severe outcomes. It is involved in the integration and deployment of emergency systems and solutions at all government and non-government platforms.

Key Market Trends

Increase in Natural Disasters

As natural disasters increase in frequency and severity, their recovery costs are also significantly increasing year-by-year. Moreover, according to the National Oceanic and Atmospheric Administration (NOAA), in 2017, the United States had the costliest year ever, when it comes to natural disasters.

The country experienced 16 different events, that resulted in more than a billion dollars in damage each, with a total price tag of USD 306.2 billion. Thus, it is vital that organizations work to save lives, protect property, and build communities back stronger after disaster strikes.

In disaster recovery solutions, it is of paramount importance to have a fast, reliable, and secure form of communication. Communication requirements in a disaster recovery can benefit from the flexibility, versatility, and quick deployment of satellite networks, enabling responders to coordinate first response activities and command, control and communicate urgent information, quickly and efficiently.

Asia-Pacific is the Fastest Growing Region

Asia-Pacific is the fastest growing region, due to the growing disaster management, terrorist and cyber attacks in the region. With enhanced geographical zones and a high client base, the region is expected to exhibit strong growth in the studied market.

The region is the world’s most disaster-prone region, so disaster management is a significant priority. Over the years, most countries in the region have established national disaster management authorities and systems that are increasingly adopting the latest technologies and solutions.

Also due to an increase in the government expenditure on emergency and disaster management systems to safeguard people from disasters, the region has been witnessing a rise in the studied market software.

In April 2018, the Emergency Operations (EMO) unit at WHE/SEARO organized the WHO South-East Asia Regional and Country Offices Emergency Readiness training in India.

Competitive Landscape

The existing players in the market, like IBM, NEC Corporation, and Honeywell among others are well penetrated and possess successful strategies to come up with new and differentiated products that would increase opportunities for them. Additionally, brand identity has a major influence in this market, as strong brands are considered to be synonymous with good performance.

However, with new companies supported and funded, like governments and others(for instance, TMC Technologies), the competition is expected to grow, overall, the competitive rivalry in the market is moderate and increasing. Some of the key players in Incident and Emergency Management Market are Hexagon AB, NEC Corporation.

Some of the key recent development in Incident and Emergency Management Market are as follows:

The Isle of Wight NHS Trust’s Ambulance Service (IoW Ambulance Service) has implemented Hexagon’s intergraph computer-aided dispatch (I/CAD) system. This industry-leading incident management solution will support the island’s emergency and non-emergency call handling and dispatch needs, enhance collaboration with neighboring services, and reduce costs.

NEC Corporation announced the supply of wide-area disaster prevention system to the Meteorological, Climatological and Geophysical Agency of the Republic of Indonesia (Indonesia). This wide-area disaster prevention system will collect seismic intensity and waveform information obtained from seismometers newly installed at 93 sites across Indonesia.

Global Crisis, Emergency and Incident Management Platforms Market 2019

Persistence Market Research recent market report on Global Crisis, Emergency and Incident Management Platforms estimates that it will be worth $102 billion (USD) by the end of 2024.

A 2017 market analysis by Persistence Market Research on the market in North America predicted the year-over-year growth the Global Crisis, Emergency and Incident Management Platforms to increase at a CAGR of 7.2%. through to 2023. The 2017 report estimated that the North America market accounted for a relatively high market share and be valued at more than US$ 20 Billion in 2017. The report estimated that the North American regional market would continue to remain dominant in terms of value during the forecast period (2017 – 2024).

The latest market report from Persistence Market Research predicts that the global market or crisis, emergency & incident management platforms will be fragmented across various systems and platforms. Among which, the demand for web-based emergency management software, geospatial technology, emergency notification system, hazmat technology, seismic warning systems, and remote weather monitoring systems is expected to gain traction throughout the forecast period. These systems are also predicted to be demanding greater incorporation of communication technologies. Through 2024, satellite phone, vehicle-ready gateways, and emergency response radars will be the most dominant type of communication technologies used in working of any crisis, emergency & incident management platform.

Likewise, the report also expects that during the stipulated forecast period, professional services such as consulting and emergency operation center (EOC) design & integration will be in great demand. By the end of 2024, crisis, emergency & incident management platforms will be actively adopted across industry verticals such as BFSI, energy & utility, government & defense, and telecommunication and IT.

A regional analysis of the global crisis, emergency & incident management platform market indicates that North America will dominate by accounting for over US$ 36 Billion revenues by 2024-end. Adoption for such platforms will also be high in Asia-Pacific, and the region is expected to showcase a 6% value CAGR.

Leading providers of crisis, emergency & incident management platforms in the world include Honeywell International, Inc., Lockheed Martin Corporation, Motorola Solution, Inc., Rockwell Collins, Inc., Siemens AG, Iridium Communication Inc., Guardly, Environmental System Research Institute, Inc., and Intergraph Corporation.

Global Remediation Market Forecast

According to the recently updated “Global Environment Clean up & Remediation Market By Medium, By Type, By Application, By Region, Competition Forecast & Opportunities, 2013-2023” issued by Research and Markets, the environment clean up & remediation market is projected to grow to nearly $130 billion by 2023, owing to growing demand for oil & gas, rising industrial pollution, and increasing number of pipeline leakages and incidents affecting the environment.

A similar market study published in 2017 by Zion Market Research estimated the environmental remediation market to reach $122.8 billion (USD) by 2022. According to the Zion Market Research report, entitled “Environmental Remediation Market for Banking and Financial Services, Telecom and IT, Healthcare, Government, Automotive, Government, Manufacturing and Retails and Other application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022“, the global environmental remediation market was valued at around $79.57 billion in 2016 and was predicted to reach approximately $122.80 billion in 2022, growing at a compound annual growth rate (CAGR) of slightly above 7.5% between 2017 and 2022. 

Environmental remediation technology deals with the removal of contaminants from environmental media such as soil, groundwater, or surface water. Remediation technologies are generally categorized into ex-situ and in-situ methods. Ex-situ methods offer excavation of affected soils and subsequent treatment at the surface and extraction of contaminated groundwater. In-situ methods offer to treat the contamination without removing the soils or groundwater.

Growing investments in the field of remediation services, stringent and transparent regulatory frameworks, and rapid industrialization in developing countries are drivers for the demand for environmental cleanup & remediation. Other drivers fueling the growth of environmental remediation market are rising demand from different industries such as oil and gas, mining and forestry, mining, automotive, chemicals, and others. 

North America and Europe are the major demand generating regions for environmental cleanup & remediation services, globally, on account of growing industrial and manufacturing activities in both regions. Some of the major players operating in global environment clean up & remediation market are Bechtel, Veolia Group, Clean Harbors, Suez S.A., Golder Associates Corporation, BRISEA Group, Inc., Dredging, Environmental & Marine Engineering NV, Terra Systems, Inc., ENTACT LLC, Weber Ambiental, etc.

The Researd and Markets remediation study discusses the following aspects of Environment Clean up & Remediation market globally:

  • Environment Clean up & Remediation Market Size, Share & Forecast
  • Segmental Analysis – Market By Medium (Surface Water, Ground Water & Soil), By Type (Bioremediation, Pump & Treat, In Situ Vitrification & Others), By Application, By Region
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

The Zion Market Research study provides a view on the environmental remediation by segmenting the market based on environmental medium, application, and region. All the of environmental remediation market have been analyzed based on present and future trends and the market is estimated from 2016 to 2022.In term of the environmental medium, environmental remediation market classified into soil and ground water. Based on application, global environmental remediation market is bifurcated into mining and forestry, oil and gas, agriculture, automotive, industrial, chemical, construction and land development and other application. The regional segmentation comprises of present and forecast demand in Asia-Pacific, Middle East & Africa, North America, Europe, and Latin America for environmental remediation market.

2018 Future of Global Conventional and Rapid Environmental Testing Market to 2025

Research and Markets recently published a research report entitled The Global Conventional and Rapid Environmental Testing market outlook report. The report covers from 2019 to 2025 and is a comprehensive work on Conventional and Rapid Environmental Testing industry. This research report provides complete insight into the penetration of Conventional and Rapid Environmental Testing across applications worldwide. Emphasis is given on the market drivers, restraints and potential growth opportunities. Detailed strategic analysis review of the Conventional and Rapid Environmental Testing market together with Porter’s five forces analysis is provided for global Conventional and Rapid Environmental Testing market.

The report assesses the 2018 market size in terms of market revenues based on the average prices of Conventional and Rapid Environmental Testing products worldwide. The report also presents a 6-year outlook on the basis of anticipated growth rates (CAGR) for different types of Conventional and Rapid Environmental Testing and the industry as a whole. Further, detailed pricing analysis of products is provided in the report.

The research work also explores how Conventional and Rapid Environmental Testing manufacturers are adapting to the changing market conditions through key market strategies. Further, company to company comparison (Company benchmarking) and Conventional and Rapid Environmental Testing product-to-product comparison (Product benchmarking) are included in the research work. Business, SWOT and financial Profiles of five leading companies in global Conventional and Rapid Environmental Testing market are included in the report.

A 2018 market report on the environmental testing industry by Esticast Research & Consulting predict a CAGR 6.6% during the forecast period of 2018 to 2025. The report also states that the market for environmental testing appears fragmented and fiercely competitive due to many large and small players churning the competition in the market.  Through the strategic partnership, acquisition, expansion, product & technology launch, and collaboration, these players try to gain a competitive edge.

The Esticast market report states that one driver behind the growth of the environmental testing market is the surging trend of health consciousness among the people. In addition, government authorities are posing strict regulations regarding environmental protection, with an aim to survive in a healthy environment. The report also predicts that environmental testing market to offer lucrative opportunities to the existing and new market players due to the privatization of environmental testing services.

A few of the major players in the environmental testing marketing include Eurofins Scientific SE, Suburban Testing Labs, Agilent Technologies Inc., SCS Global Services, Bureau Veritas S.A., SYNLAB, R J Hill Laboratories Limited, TÜV SÜD, ALS Limited, Intertek, and Pace Analytical.

For more information please Research and Markets report, click on:
https://www.researchandmarkets.com/publication/mrlxu9n/4750967

Oil Spill Response Management Market – Industry Study & Predictions

360 Market Updates recently published the Global Oil Spill Management Market Report 2018-2023. The report offers a comprehensive analysis on Oil Spill Management industry, delivering detailed market data and insights. The report provides analysis which is beneficial for industry insider, potential entrant, and investor. The Oil Spill Management Report provides information on the key business players in the market as well as their business methods, annual revenue, company profile and their contribution to the world Oil Spill Management market share. The report covers a huge area of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions.

Description:

  • Worldwide and Top 20 Countries Market Size of Oil Spill Management 2013-2017, and development forecast 2018-2023.
  • Main manufacturers/suppliers of Oil Spill Management worldwide and market share by regions, with company and product introduction, position in the Oil Spill Management market.
  • Market status and development trend of Oil Spill Management by types and applications.
  • Cost and profit status of Oil Spill Management, and marketing status.
  • Market growth drivers and challenges.

Global Oil Spill Management market competition by top manufacturers/players, with Oil Spill Management sales volume, Price (USD/Unit), revenue (Million USD), Players/Suppliers Profiles and Sales Data, Company Basic Information, Manufacturing Base and Competitors and market share for each manufacturer/player; the top players including: Cameron International, Control Flow, National Oilwell Varco, Fender & Spill Response Services, Northern Tanker Company Oy, SkimOil, Hyundai Heavy Industries, GE Oil & Gas, Cosco Shipyard Group, CURA Emergency Services, and Ecolab.

On the basis of product type, Oil Spill Management market report displays the production, revenue, price, Market Size (Sales) Market Share by Type (Product Category) and growth rate of each type (2013-2023), primarily split into Mechanical methods, Chemical and biological, and Physical.

On the basis on the end users/applications, Oil Spill Management market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including Onshore and Offshore.

Global Oil Spill Management Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2013-2023):

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
  • Asia Pacific (China, Japan, India, Southeast Asia and Australia)
  • Latin America (Brazil, Argentina and Colombia)
  • Middle East and Africa

Inquire for further detailed information about Oil Spill Management industry @https://www.360marketupdates.com/enquiry/pre-order-enquiry/11834137

Key questions answered in the Oil Spill Management Market report:

  • What will be the market growth rate of Oil Spill Management in 2023?
  • What are the key factors driving the Global Oil Spill Management?
  • What are sales, revenue, and price analysis of top manufacturers of Oil Spill Management?
  • Who are the distributors, traders and dealers of Oil Spill Management Market?
  • Who are the key vendors in Oil Spill Management space?
  • What are the Oil Spill Management Industry opportunities and threats faced by the vendors in the Global Oil Spill Management?
  • What are sales, revenue, and price analysis by types, application and regions of Oil Spill Management?
  • What are the market opportunities, market risk and market overview of the Oil Spill Management Market?

The Oil Spill Management Market Report provides a comprehensive overview including Current scenario and the future growth prospects. The Oil Spill Management Industry report sheds light on the various factors and trends in forthcoming years and key factors behind the growth and demand of this market is analysed detailed in this report.