Press release -
Rainwater Harvesting Market Research Report Study by Development Status, Market Dynamics, Opportunities, Challenge and Risk 2024
The Infinium Global Research has announced the addition of the “Rainwater Harvesting Market to 2024 – Global Analysis and Forecasts by Type and Product” to its research database.
The main objective of this report is to define, describe, and forecast the global “Rainwater Harvesting” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
Rapidly increasing demand for usable and clean water across all over the globe drives the growth of rainwater harvesting market
The rapidly increasing demand for usable and clean water across all over the globe drives the growth of rainwater harvesting market. As the world population is increasing the demand for freshwater is also growing. The harvested water is mainly used for the irrigation and the drinking purpose. The water stored during the rainwater harvesting is a best suitable alternative to a distributed water source. In addition, robust applications of harvest water across various sectors including agriculture, industrial, residential and domestics are likely to anticipate the growth of the rainwater harvesting market. However, growing wastewater treatment plants are hampering the market growth of rainwater harvesting.
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Asia Pacific holds maximum market share in the rainwater harvesting
Asia Pacific holds maximum market share in the rainwater harvesting in 2017 and expected to be the dominating region over the forecast period. The growing adoption of rainwater harvesting system in the hotels, malls, hospitals and others end-use applications are driving the growth of rainwater harvesting market in Asia Pacific. Furthermore, rapidly rising awareness about water conservation and the importance of rainwater harvesting in the Asia Pacific region are likely to estate the growth of rain water harvesting market in upcoming years
Hotels, educational institutions directed to install rainwater harvesting system in MYSURU
In July 2018, Intent on ensuring optimal utilization of rainwater, Mysuru City Corporation (MCC) has issued strict orders to all hotels, lodges, educational institutions, government buildings and convention centers to install rainwater harvesting systems on their premises within three months, or pay an additional chess of 25% on their water bill. At the MCC council meeting chaired by deputy mayor M Indira-, the issue of RWH systems being installed in sites measuring 30ftx40ft was discussed. The council members deliberated on the issue following reports of severe depletion of the groundwater reserves in Mysuru. In a bid to replenish the water table, the civic agency is making a concerted effort to get commercial and educational institutions to adopt the eco-friendly initiative.
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HP prepares Rs 4,751 crore project to tap rainwater to raise farm productivity
Himachal Pradesh government has prepared an Rs 4,751.24 crore project to conserve rainwater and use it optimally in agriculture and allied activities. Making this announcement here on Sunday, irrigation and public health minister Mahender Singh Thakur said the Union ministry of finance sanctioned the project. An area of 2.691 lakh hectares has been provided with irrigation facilities by July 2017 and 65,885 hecrates are without irrigation facilities. Therefore, one of the primary objectives of the project is to develop the irrigation system promoting water use efficiency.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global rain water harvesting market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of rain water harvesting market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the rain water harvesting market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the rain water harvesting market to understand the present and future trends in this market and formulate their strategies accordingly.
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