Industry Analysis & Industry Trends
Safety first
The Occupational Health and Workplace Safety Services industry relies on demand from downstream markets, particularly from construction and mining companies. As new regulations arise, firms will look to the industry for assistance in complying with them. Improved downstream conditions and an increase in new businesses will boost demand, aiding revenue growth over the five years to 2017. ... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Occupational Health and Workplace Safety Services industry is in the mature stage of its life cycle. Over the 10 years to 2017, industry value-added (IVA), which represents the industry's contribution to the overall economy, is projected to grow 2.2% annually which is generally in line with GDP growth in the United States, 1.9%, over the same period, reflecting the industry's general stability in this stage of growth.
Examining industry-wide enterprise growth produces a similar conclusion: from 2007 to 2017 enterprise growth will increase at the lower rate of 3.8% annually, indicating a mature industry. With low barriers to entry and growing revenue this industry's enterprise number growth is slightly higher than the average mature industry. How... purchase to read more