Use of Rainwater Harvesting Systems in Industries and Commercial Spaces Bolstering Market Growth: Fact.MR Report
Rainwater Harvesting System Market
Rainwater harvesting system market size is estimated at US$1,850 million by 2024, with an projected 7.0% CAGR to exceed US$ 3,639.6 million by 2034.
ROCKVILLE PIKE, MARYLAND, UNITED STATES, May 9, 2024 /EINPresswire.com/ -- The global ๐ซ๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐ก๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ is estimated to be valued at US$ 1,850 million in 2024. The market is projected to grow at a 7.0% CAGR through 2034. The demand for rainwater harvesting systems is projected to reach a valuation of US$ 3,639.6 million by 2034.
The scarcity of water presents a considerable challenge to the population, even in the well-off regions of the world. Water conservation solutions are being sought on an increasing basis and one such solution coming to the fore is rainwater harvesting systems. With water harvesting a prominent tradition in many regions of the world, suppliers of the system are looking to capitalize by offering a more modern approach to the procedure.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ
https://www.factmr.com/connectus/sample?flag=S&rep_id=9667
Agriculture is one of the sectors that is making increasing use of rainwater harvesting systems. With farmers looking to implement modern solutions in agriculture, the adoption of the system in the fields is increasing. Rainwater harvesting systems are also helping with sustainable farming practices by conserving the water used.
โApart from residential applications, industrial and commercial applications of rainwater harvesting systems are also on the rise. The systems are helping industrial units and commercial buildings in becoming self-reliant in their water supply,โ says a Fact.MR analyst.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
โข The global rainwater harvesting market is projected to expand at a CAGR of 7.0% through 2034.
โข The East Asia rainwater harvesting market is expected to grow at a CAGR of 7.5% through 2034.
โข The rainwater harvesting system industry in Japan is estimated to register a CAGR of 7.8% over the forecast period.
โข The rainwater harvesting industry in China is projected to rise at a CAGR of 7.6% through 2034.
โข Based on the harvesting system, the underground harvesting segment is expected to lead the market, with a share of 54.7% in 2024.
โ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐ข๐ง ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ ๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ข๐๐ฅ ๐๐ฉ๐๐๐๐ฌโ
Industrial units, factories, and commercial spaces are also making use of rainwater harvesting systems, as they strive to be more self-sufficient. Power generation, textiles, and car wash businesses are some of the commercial spaces where rainwater harvesting systems are being implemented to provide a self-sufficient source of water.
With the industrial boom in regions like Asia Pacific, the adoption of these systems is set to grow at a good pace.
๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ค๐ข๐ง๐ ๐๐๐ฅ๐ฉ ๐จ๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐จ๐ฎ๐ซ๐๐๐ฌ ๐ญ๐จ ๐๐ฑ๐ฉ๐๐ง๐ ๐๐ก๐๐ข๐ซ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐๐ฌ๐
The market is highly competitive, with big players tussling it out with smaller enterprises for higher market share. To make more people aware of rainwater harvesting systems, players are taking the aid of digital sources. Some of the prominent companies in the market are Kingspan Group PLC, Graf Group, and WISY AG.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐:
Kingspan Group PLC, Graf Group, WISY AG, Innovative Water Solutions LLC, Stormsaver Ltd, Ecozi Ltd, Molloy Precast Products Ltd., Aquaco Water Recycling Limited, Watts Water Technologies, Inc., D&D Ecotech Services, KRG India, N.S. & Associates, Osmosis India, Water Field Technologies Pvt. Ltd. and Water Harvesters
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ข๐ง๐ฐ๐๐ญ๐๐ซ ๐๐๐ซ๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
By Harvesting System :
Above Ground Harvesting
Under Ground Harvesting
By Product :
Protein Hydrolysates
Infusions
Extracts
By Type :
Rain Barrel System
Dry System
Wet System
Green Roof System
By Service Provider :
Original Equipment Manufacturer
Independent Supplier
By Sales Channel :
New Sales
After Sales
Storage Tanks
Pipes
Filters (Metal + Plastic)
Pumps
By Application :
Industrial
Commercial
Residential
Agricultural
By Region :
North America
Europe
Latin America
East Asia
South Asia & Oceania
Middle East & Africa
๐๐ก๐๐๐ค๐จ๐ฎ๐ญ ๐๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ญ๐ฎ๐๐ข๐๐ฌ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐
๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Water Pump Market Analysis by Centrifugal Pumps, Positive Displacement Pumps, and Other Pumps for Oil & Gas, Chemicals, Power Generation, Water & Wastewater, and Others from 2024 to 2034
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S. N. Jha
Fact.MR
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