Rainwater Harvesting Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Rain Barrel System, Dry System, Wet System, and Green Roof System), By Harvesting Method (Above Ground (Ground Surface and Storage Tank) and Under Ground), By Application (Residential, Commercial, Industrial, and Agricultural), By Region, Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationRainwater Harvesting Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Rain Barrel System, Dry System, Wet System, and Green Roof System), By Harvesting Method (Above Ground (Ground Surface and Storage Tank) and Under Ground), By Application (Residential, Commercial, Industrial, and Agricultural), By Region, Competition
Global Rainwater Harvesting market is propelled by the growing water scarcity, depleting groundwater levels, and awareness for water preservation for. The advantages for the usage of harvested water for irrigation & other purposes, reduces the amount of the water bill generated, associated with rainwater harvesting are fuelling the growth of the market globally.
The increase of water usage worldwide has risen by 1% for every year since 1980 and is predicted to grow about 20% - 30% larger until 2050.
Many cities across the globe are considering the rainwater harvesting (RWH) method as a feasible alternative supply for high-rise buildings. The potential of rainwater harvesting is considerable in urban areas since a roof, or impermeable materials cover many cities. Water gathered from residential or commercial building roofs is another way to decrease potable and non-potable water demand. Rainwater harvesting is a method or technology to collect rainfall from roofs, ground surfaces, pavement, or rock beds to be potentially used as alternative water resources. This practice is not only a source to partially meet water demand but also a way to reduce urban flooding when installed tanks store rainwater.
Rising Cutting-edge Rainwater Purification Systems
The rise in the adoption of cutting-edge Rainwater Purification Systems helps to reduce Water prices for the residential sector. Innovations in rainwater purification systems are contributing to market growth. The U.S. and Canada-based rainwater harvesting specialist, known as Rainwater Management Solutions, is boosting the sale of rainwater purification systems through its online presence. Manufacturers in the rainwater harvesting market are improving the availability of purification systems catering to home applications to reduce water costs and supplement drinking and bathing water.
Upsurge in Innovations and Urban Techniques is Driving the Market Growth
Increasing urbanization, population growth, aging infrastructure, and extreme weather events
Increasing IoT Applications with Smart City Developments is Driving the Market Growth
Internet of Things (IoT) has come a long way in its relatively short history while the consumer applications still account for most IoT adoptions, businesses and even local governments have started relying on these technologies. As the smart city movement emerges, IoT sensors and devices are installed on a city-wide scale across the globe. With smart city spending at USD 32.12 billion in 2020 in the United States, the IoT city infrastructure has near-countless benefits for the rainwater harvesting systems. This is the major trend for the enormous growth of the global rainwater harvesting market in the forecast period.
Trend of Green Technologies is Driving the Market Growth
Environmentally conscious population has started to focus on green rainwater harvesting strategies. This helps in imitating the ecological functions of natural wetlands that can absorb rainfall and runoffs by reducing the number of runoffs leaving the development sites. There has been an increasing focus on treating the water runoff with smaller decentralized structures rather than larger detention basins located below the drainage area. Green infrastructure techniques consist of permeable pavements, rain gardens, bioretention cells (or bioswales), vegetative swales, infiltration trenches, green roofs, planter boxes, stormwater management, rooftop (downspout) disconnection, and urban tree canopies. Hence, the green technologies are expected to spur the growth of the global rainwater harvesting market in the forecast period.
Growing Government Initiatives is Driving the Market Growth
The upsurge in the government initiatives that leads to the increased awareness about the benefits of rainwater harvesting management is the major driver for the market. For instance, on March 29, 2021, the United States Environment Protection Agency announced the Sewer Overflow and Stormwater Reuse Municipal Grants (OSG) program which will provide funding for critical rainwater harvesting infrastructure projects in communities including combined sewer overflows (CSO) and sanitary sewer overflows (SSO) in the country.
Market Segmentation
Company Profiles
Rainwater Harvesting Ltd., Watts Water Technologies, Heritage Water Tanks, Water Field Technologies Pvt. Ltd., Innovative Water Solutions LLC, Kingspan Group Plc., Graf UK Ltd., Tosca Tech Rainwater Harvesting System, B.S. Rain Harvesting Co., Filtracon Technology Private Limited, Ashwath Infratech.,
|
Attribute |
Details |
|
Base
Year |
2022 |
|
Historical
Years |
2018 –
2021 |
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Estimated
Year |
2023 |
|
Forecast
Period |
2024
– 2028 |
|
Quantitative
Units |
Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
|
Report Coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
|
Segments Covered |
Type Harvesting Method Above Ground Application Region |
|
Regional Scope |
Asia-Pacific,
North America, Europe, Middle East & Africa and South America |
|
Country Scope |
China, Japan, India, Australia, New Zealand, South Korea, Thailand,
United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy,
Netherland, Switzerland, Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Brazil,
Argentina, Colombia |
|
Key Companies Profiled |
Rainwater
Harvesting Ltd., Watts Water Technologies, Heritage Water Tanks, Water Field
Technologies Pvt. Ltd., Innovative Water Solutions LLC, Kingspan Group Plc.,
Graf UK Ltd., Tosca Tech Rain Water Harvesting System, B.S. Rain Harvesting
Co., Filtracon Technology Private Limited, Ashwath Infratech. among others |
|
Customization
Scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and Purchase Options |
Avail of customized
purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf format
on special request) |
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