Environment Consulting is the largest segment driving the growth of...

Environment Consulting is the largest segment driving the growth of Climate Change Consulting Market.

Posted 2023-11-14 14:08:25

SWOT Analysis

Strength: ability to provide end-to-end climate change consulting services covering mitigation, adaptation, risk assessment and strategy.
Weakness: dependency on government and corporate budgets which can fluctuate.
Opportunity: increasing spend on climate change projects like carbon accounting, net zero transition roadmaps presents new opportunities.
Threats: protectionist policies could favor local consultants over global ones.

Key Takeaways

The Global Climate Change Consulting Market Demand is expected to witness high growth, exhibiting CAGR of 5.7% over the forecast period, 2023 to 2030, due to increasing spend on climate mitigation and adaptation projects.

Regional analysis: North America currently dominates the climate change consulting market due to stringent regulatory policies and carbon pricing programs in the region. However, Asia Pacific is expected to emerge as the fastest growing market over the coming years, led by countries like China and India focusing on low carbon economic development.

Key players operating in the Climate Change Consulting market are ICF International, Inc., A.T. Kearney, Inc., McKinsey & Company, Inc., PricewaterhouseCoopers LLP (PwC), ERM Group, Inc., KPMG International, Coastal Risk Consulting, LLC, CH2M HILL Companies, Ltd. (Jacobs Engineering Group), Deloitte LLP, Ramboll Environ, Inc. These players are focusing on partnerships, mergers and acquisitions to expand their service portfolio and geographic footprint.