The Global Stormwater Management Market Report by Absolute Markets Insights is a comprehensive study about top companies, revenue share, data streams, ongoing deals, purchases and dealer volume. The report includes corrective market classifications, application definitions, and a sincere market overview. The Stormwater Management Market is based on specific parameters that aims to dictate proven facts to professionals who are looking to upgrade their current market aspects. The global stormwater management software market, in terms of revenue, which was estimated at US$ 11298.28 million in 2017, is anticipated to reach US$ +16935.60 million in 2029.
Key Players Influencing the Stormwater Management Market: Tetra Tech, Inc., Cardno Limited, Advanced Drainage Systems Inc., Forterra, Hydro International UK Ltd, Hydro International UK Ltd, Oldcastle Precast, Inc, Ecosol Pty Ltd, Apex Companies, LLC, StormTrap, Stormwater Maintenance, LLC.
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Stormwater is defined as water that originates from precipitation process in the form of rain, sleet and or melting snow. Stormwater management involves the control of the runoff water from precipitation. The management of stormwater proves to be among the best environmental management practices which are essentially required to prevent damage to persons and property. The management practices also involve in preventing polluted run-off from impacting local water bodies. Hence there has been a rapid boost in the adaption of stormwater management practices owing to its environment and economic benefits amongst industrial and commercial application. Further, a consecutive rise in support from governments and regulatory agencies enhances the stormwater management industry to grow.
The documented report aims to offer an organized and methodical strategy for important aspects that have affected the market in recent years and future market opportunities that companies can trust. It gives readers clear market research for better judgment and better decision making on whether or not to invest. The report provides an analysis and overview of the future dynamics with an in-depth analysis of the most important players that are likely to contribute to the growth of the global Stormwater Management Market during the forecast period. The market report also provides a correct assessment of the company strategies and business models that companies implement to stay in the market and lead. Some of the most important steps companies are taking are mergers and acquisitions, partnerships and collaborations to expand their regional and global reach. In addition, the players are also launching a new range of products to enrich their portfolio by using the latest technology and implementing them in their company. The report is updated with the impact of the currently unfolding COVID-19 pandemic. The pandemic has dynamically affected the key segments of the market and has changed the growth pattern and demands in the Stormwater Management Market. The report covers extensive analysis of these changes and provides an accurate forecast estimation of the market growth after the impact of the pandemic.
Stormwater runoff from the built environment poses to be one of the greatest challenges in the present-day context. Stormwater is a primary source of water contamination which significantly impairs the water quality of various water bodies globally. In addition to its chemical and microbial hazards stormwater also presents a physical hazard to various aquatic lifeforms and stream functions owing to the enhanced magnitude of water velocity and volumes. The rising urban shift is likely to induce wholesale landscape alteration to accommodate increasing population. This shall further aggravate water runoffs, thus paving the way for stormwater management market. Furthermore, this lucrative market has emerged as one of the best environment management practices to effectively deal with water contamination and redress wastewater and water recycling problems. As a consequence, stormwater management is being implemented at municipal, residential, commercial and industrial levels. Also, there has been an enhanced public and governmental participation and contribution which has further fueled this emerging technology. Despite various challenges, the global Stormwater Management Market is propelled by the critical advances and innovations made. For instance, implementing green engineering solutions is one such stepping stone towards stormwater management.
Stormwater Management Market Segmentation:
By Application
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- Commercial and Industrial
- Residential
- Municipal
By Technique
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- Biofiltration
- Detention and Infiltration
- Rainwater Harvesting
- Green Roofs
By End Use
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- Defense
- Education
- Government
- Healthcare
- Retail
- Others (Community, Mixed Use, Etc.)
By Region
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- North America
- U.S.
- Rest of North America
- Europe
- France
- The U.K.
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- Southern Africa
- Rest of MEA
- Latin America
- Brazil
- Rest of Latin America
- North America
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