Marine Sector Outperforms Wider Environmental Consultancy Market17 Jun 2011 • by Natalie Aster
Against the background of a contracting environmental consultancy market in the UK – which experienced a decline of 5.1% in 2009 – the marine environmental services sector has proven much more resilient to the economic downturn, according to a new report “Marine Environmental Services 2011” by market intelligence providers, Environment Analyst.
Supported by new legislation, such as the Marine & Coastal Access Act (MCAA), and a drive towards developing offshore wind capabilities to help meet national renewable energy targets, the market for marine environmental consulting and related services grew by 4.4% to reach £131.8 million in the year ending 31 March 2010.
However, this does represent a significant slowing of growth compared with the previous four years when the market increased by an average compound annual growth rate (CAGR) of 12.5% from 2004/05 to 2008/09.
Editor of the report Liz Trew comments: “Project uncertainty during the recession – particularly in the oil and gas sector – and reduced demand from the water industry at the end of its AMP 4 investment cycle contributed to the slowdown. Spending in the public sector was also impacted by the impending cuts and change of government.”
Published: March 2011
Price: US$ 1, 475
The research assessed the performance of more than 60 operators in the sector, profiling 13 of the key operators in-depth. Environment Analyst found that the top twenty firms together account for over 90% of the total market. Behind Cefas, the market leader, other leading operators in terms of market share are: Royal Haskoning, Intertek-Metoc, RPS Group, HR Wallingford, Gardline Environmental, Atkins and Environment Resources Management (ERM).
Environment Analyst is expecting that the UK marine environmental services sector will outperform the general environmental consulting sector over the next five years. Much of this growth will come from the offshore renewables and oil & gas sectors – both from new energy plant, transmission and storage developments, and the decommissioning of redundant marine infrastructure. However, significant uncertainty exists as to net impact of government spending cuts and the future funding of marine renewables developments.
UK marine environmental services revenue
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