In this report, Marketinsightsreports studies the present scenario (with the base year being 2018) and the growth prospects of global Environmental Health and Safety Software market for 2019-2025.
The environmental health and safety software market is expected to register a CAGR of 12.3% during the forecast period (2019 – 2024).
The report titled “Global Environmental Health and Safety Software Market” provides an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, challenges, and opportunities prevailing in the industry. The report provides an extensive insight into various forms of developments, trends and key participants.
EHS software is an automatic system. It aids various businesses in reducing the risks that come with their operations and lower some of the top pressures of complying with environmental, health, and safety regulations. EHS software encourages sustainability, boosts employee productivity, and ensures compliance with regulations. It is vital for any business to maintain a safe workplace and fully-compliant operations.
Key Players of the Market:
MyEasyISO, Strategix Application Solutions, Metrix Software Solutions, Lighthouse, Qooling, Intelex, SiteDocs, IndustrySafe, SafetySync, SafetyTek, iAuditor, Form.com
Key Market Trends
As the operations in the chemical industry require the use of different materials and substances, the slightest handing errors can lead to costly and life-threatening consequences. Therefore, EHS solutions are basically adopted in the sector to monitor the storage and use of dangerous chemicals, to help companies meet obligations, and to avoid violation of safety regulations.
In April 2019, US-based VelocityEHS acquired ChemTel Inc., a hazardous chemical transportation safety and compliance service provider. The acquisition helped the company in strengthening its chemical and Safety Data Sheet (SDS) management platform by incorporating ChemTel’s emergency response operations center and hazardous materials transportation consulting services.
To achieve its goal of “Zero accidents and zero environmental incidents,” Germany-based INEOS Köln adopted EHS software from Quentic. Since 2014, the company has been using the software to record and analyze unsafe situations and incidents that could potentially endanger the environment.Source: Market Research Sheets