Global Climate Change Consulting Market Research Report 2024(Status and Outlook)

Global Climate Change Consulting Market Research Report 2024(Status and Outlook)

Report Overview

In recent years, due to the increase of greenhouse gases, the process of global warming and climate change has accelerated. Global climate change mainly reflects three characteristics: First, the increase in global temperature may lead to more extreme high temperature weather. Second, due to rising global temperatures, thermal expansion of oceans, melting of polar ice caps, and melting of mountain glaciers, the global average sea level is on the rise. Finally, global precipitation patterns will also change, and there may be more and stronger extreme precipitation or extreme drought in the future.

The consequences of failing to effectively address climate change are seen as one of the greatest threats facing humanity. According to the World Economic Forum's Global Risks Report 2022, climate-related risks are listed as the three most serious risks threatening humanity in the next decade, while climate action failure is seen as the medium- and long-term threat with the greatest impact. Climate change is also having a major impact on business. Businesses need to act as soon as possible to mitigate climate change and reduce carbon emissions. Jobs are expected to continue to increase in the coming years as the global economy gradually shifts to a low-carbon model. As pointed out in the ""2021 CEO Outlook"" report released by KPMG, nearly 30% of CEOs indicated that they plan to invest more than 10% of operating income in sustainable development projects in order to deal with related climate change risks.

Climate change is a complex multi-stakeholder issue involving portfolio strategy, operations, product design, marketing, investor relations and more. Adapting to global warming requires business leaders to take steps to reduce risk and spur innovation. Tackling climate change may be challenging, but it also presents opportunities for growth; as the energy transition accelerates, the complexity and opportunities are sure to increase.

Despite the weak regulatory environment at the federal level in both the U.S. and Canada, there is growing demand for helping executives understand how to mitigate climate change at a profit. This demand comes from local regulation, such as California's cap and trade program's Oregntar phasing out coal-fired power plants, and other drivers such as the desire to increase efficiencies or the need to meet increasingly stringent supplier requirements, such as those from Walmart.

The global Climate Change Consulting market was valued at USD 6124.44 million in 2021 and is expected to reach USD 10606.26 million by the end of 2028, growing at a CAGR of 8.07% between 2022 and 2028. Policies and regulations are the growth drivers for the Climate Change Consulting Market key drivers. Governments across the globe are proposing various initiatives to mitigate the aftermath of climate conditions. For example, in light of climate change, the Canadian government has taken many practical actions to reduce greenhouse gas emissions (CHG) from vehicles, manufacturing and industrial units. The Chinese government has proposed important strategic goals of carbon peaking and carbon neutrality. Political factors have significantly driven the demand for Climate Change Consulting services.

Increasing demand from governments, industries, and organizations will be another important driver for the growth of the climate change consulting market. The demand for climate change consulting is increasing significantly across the globe owing to the growing focus of companies and governments on sustainable development, the development of smart cities, and the increase in government regulation and cooperation in environmental protection. Climate change consulting services provided by vendors primarily provide organizations and governments with advice, assistance, and action plans to control climate change. Climate change impacts in North America are projected to become increasingly severe. As a result, the U.S. government, industry, and organizations are engaging with consulting firms that offer solutions to reduce the impact of climate change. On the other hand, many organizations in the European region are adopting various climate change solutions. These organizations turn to consulting firms for solutions, and as a result, various consulting firms are providing sustainable solutions to climate change impacts.

In addition, factors such as the increase in energy consumption and carbon emissions, the promotion of green building initiatives, the rapid deployment of renewable energy, the advancement of carbon emission reduction technologies in the automotive industry, and new climate change models will drive the development of the climate change consulting market.

Segment by Type, the Climate Change Consulting can be split into Carbon Footprint Analysis, Renewable Energy Development, etc. The Carbon Footprint Analysis type currently holds the highest market share and will already reach 15.91% in 2021. Rising carbon emissions due to increasing energy consumption will drive the growth of the global climate change consulting market over the forecast period. These factors lead governments and industry to seek climate change advice such as carbon footprint management. The TCFD type will grow at the highest CAGR of 9.07% during the forecast period 2022-2028.

In terms of application scenarios, the climate change consulting market can be divided into Mining, Energy & Utilities, Government, Manufacturing, Transportation and Logistics, Others. Currently, the Manufacturing segment dominates the entire market and holds the highest market share of over 30%. Such a trend will continue during the forecast period.

On basis of geography, the Climate Change Consulting market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. North America is projected to account for the largest market share of the global climate change consulting market during the forecast period. Significant climate change has been observed in the United States. These changes include rising sea levels, higher air and water temperatures, increased frequency and intensity of downpours, fewer frost days, and decreases in snow, permafrost, glaciers, and sea ice. Climate change impacts in North America are projected to become increasingly severe. As a result, the U.S. government, industry, and organizations are engaging with consulting firms that offer solutions to reduce the impact of climate change. Hence, the climate change consulting market in North America is expected to witness significant growth. In 2021, North America will have a market share of 37.17%, the highest among all regions.

At present, the concentration of the climate change consulting market is very low, and manufacturers in the entire market are in fierce competition. In 2021, the indicators CR5 and HHI used to measure market concentration will be 35.13% and 2.49% respectively, which shows a low level of market concentration. But predicting the future, the concentration of the market will increase. The climate change consulting market is witnessing significant investments. For example, in March 2021, sustainability consultancy Anthesis received a minority investment from Palatine Private Equity, which the firm intends to use to accelerate its mission to help mitigate the worst effects of global climate change. Key players in the market include McKinsey & Company, KPMG International, Deloitte LLP, Ernst & Young, WSP & Golder, Jacobs Engineering Group, Boston Consulting Group, Accenture, ERM Group, PricewaterhouseCoopers LLP (PwC), Ramboll Environ, ICF International, PA Consulting Group, Bain & Company, A.T. Kearney, Inc, DuPont Sustainable Solutions, Exponent, Anthesis.

This report provides a deep insight into the global Climate Change Consulting market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Climate Change Consulting Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Climate Change Consulting market in any manner.

Global Climate Change Consulting Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

McKinsey & Company

KPMG International

Deloitte LLP

Ernst & Young

WSP & Golder

Jacobs Engineering Group

Boston Consulting Group

Accenture

ERM Group

PricewaterhouseCoopers LLP (PwC)

Ramboll Environ

ICF International

PA Consulting Group

Bain & Company

A.T. Kearney, Inc

DuPont Sustainable Solutions

Exponent

Anthesis

Market Segmentation (by Type)

Carbon Footprint Analysis

Renewable Energy Development

Energy Efficiency

Strategic Advisory Services

Policy and Economics

Emission Trading and Offsetting

Climate Adaptation Analysis & Planning

Green Building Services

TCFD

Other

by Application

Market Segmentation (by Application)

Mining

Energy & Utilities

Government

Manufacturing

Transportation and Logistics

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Climate Change Consulting Market

Overview of the regional outlook of the Climate Change Consulting Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Climate Change Consulting Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.