Press Release

Intense Floods to Push Adoption of Stormwater Management in Europe through 2023

Increase in precipitation and aging water collection systems coupled with stringent government regulations encouraging use of stormwater to drive Europe stormwater management market through 2023

According to TechSci Research report, Europe Stormwater Management Market By Tool, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023’’, stormwater management market in Europe is forecast to reach $ 3.70 billion by 2023, on account of increasing government regulations aimed at efficiently managing wastewater and stormwater across the region. Rising precipitation, heavy snowfall, increasing contamination level in freshwater sources and growing per capita consumption of water are the other key factors expected to drive the adoption of stormwater management in the region. Moreover, with growing focus of governments on increasing the level of groundwater and minimizing land losses due to heavy rainfall and flood, stormwater management market is expected to register strong growth over the coming years.

Browse 4 market data Tables and 19 Figures spread through
 53 Pages and an in-depth TOC on  "Europe Stormwater Management Market"

Owing to increase in the number of floods and storms, and high rain and snowfall in Germany, the country held the largest share in Europe stormwater management market in 2017 and is anticipated to continue its market dominance in the coming years as well. As a large number of infrastructure projects pertaining to the collection of run-off water to avoid environmental and water pollution are carried out in the municipal segment, municipalities are likely to dominate the region’s stormwater management market during the forecast period.

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“The rising water contamination levels and reduction in freshwater sources have propelled the need for sustainable stormwater usage techniques. Stringent government regulations and availability of advanced technological tools for stormwater management across the region, coupled with the focus of both private and public water management companies towards the management of surface run off are anticipated to aid market growth over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based Europe management consulting firm.      

Europe Stormwater Management Market By Tool, By Application, By Country, Competition Forecast & Opportunities, 2013 – 2023 has evaluated the future growth potential of stormwater management market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in Europe stormwater management market.

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