India Rainwater Harvesting Market Expected to Register at Strong CAGR through 2028
Growing awareness regarding rainwater harvesting
systems in developing sectors Rising water scarcity across the nation are
driving the market of rainwater harvesting market in India.
According to
TechSci Research report, “India Rainwater Harvesting Market - By Region, Competition, Forecast & Opportunities, 2028”, the India Rainwater
Harvesting Market would expand during the forecast period owing to the
development of smart cities and green buildings. With the aim of creating
infrastructure that is sustainable and environment-friendly, the Government of
India (GoI) has set up programs to create smart cities in India. The smart city
needs smart buildings with eco-friendly features such as rainwater
collecting.
Groundwater
recharge is a technology used to replenish groundwater resources that is now
the focus of the sellers in this industry. This procedure allows rainwater to
move downward from the ground surface to groundwater reserves in order to
restore them and stock them for later use. It does this by using recharge pits,
recharge trenches, tube wells, and recharge wells to transport accumulated or
reclaimed rainwater to the subsurface. One of the major factors driving the
expansion of the rainwater harvesting market size, according to this market
study, is the rising usage of rainwater collection for groundwater recharging.
The
necessity for sustainable water solutions and the implementation of efficient
green waste management strategies is driving the growth of the water and wastewater
management sector, according to India's Rainwater Harvesting market forecast.
Both market and competitive study also enables clients to comprehend how
India's rainwater harvesting market affects the energy sector.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "India Rainwater Harvesting Market"
Based
on the type, the market is segmented into a rain barrel system, wet system, dry
system, and green roof system. Rain barrel system is expected to lead the
market in the upcoming year because it aids in lowering the amount of storm
runoff. When it rains, runoff collects toxins from hard surfaces and
landscapes, including soil, fertiliser, oil, pesticides, and more. Moreover, it
promotes the health of plants and soil, saves money, and conserves water, among
other benefits.
Based
on the harvesting method, the market is segmented into above-ground harvesting
method and under-ground harvesting method. Above-ground harvesting method is
expected to grow during the forecast period owing to the fact that roof-mounted
tanks are often less expensive and simpler to install than underground systems.
Additionally, those who don't own the property on which they reside can
relocate the tank (flexible location).
Based
on application, the market is segmented into industrial, residential,
agricultural, and commercial. The agricultural segment leads the market and is
expected to maintain a healthy CAGR during the forecast period. Rainwater
collection is extremely advantageous in this industry since farmers use it all
across the nation for the growth of their crops. It makes it simpler for a
farmer to irrigate crops and farmland. On the lack of groundwater, crops are
also harvested in the fields using rainwater collection.
The
deadline for installing rainwater harvesting (RWH) systems in plots larger than
100 square meters in the city was extended by the Delhi government on October
11, 2022, to March 31, 2023. This decision was made due to insufficient
compliance rates and the need to raise awareness, among other reasons.
Numerous individuals in
the capital are anticipated to receive relief from the judgement. In this
meeting, the Delhi Jal Board (DJB) made the decision to educate the Delhi
population more about the advantages of a rainwater collecting system.
According to a government official, the government has currently made this
choice in light of the challenges customers are currently having installing
rainwater collecting systems.
Rainwater Harvesting (RWH)
systems were installed in 2012, and the
failure to comply carries a fine equal to 1.5 times the water bill for the
plot. However, under rule 50 of the Delhi Water and Sewer (Tariff and Metering)
Regulations, 2012, a 10% discount is offered on the water bill if such a system
is implemented by the property owner.
In 2019, the Delhi Jal
Board also made the decision to require the installation of a RWH structure in
order to secure new water connection for properties larger than 100 square meters.
Buildings constructed
after the deadline of July 28, 2001, were required to install RWH systems by
March 31, 2020, but older homes had an additional year to comply. After RWAs
and citizen organizations convened and asked the government for extra time, the
deadline was extended by six months. The Covid pandemic was then used as
justification by the Delhi government to prolong the deadlines in 2020 and
2021.
India's Capital
i.e New Delhi also has a capacity to collect 917 million cubic metres of
rainwater, which would be used to replenish the city's diminishing groundwater
levels. Delhi receives an average of 774 millimetres of rainfall annually. But
only a small percentage of people follow these regulations for rainwater
collection. From July 1, 2017, to the present, just 2,430 consumers have taken
advantage of the 10% discount for installing a RWH system, according to Delhi
Jal Board (DJB) data.
Key market
players in the India Rainwater Harvesting Market include:
- D&D Ecotech
Services
- N.S.&
Associates
- Osmosis Auto Pump
India Pvt. Ltd.
- Water Field
Technologies Pvt. Ltd.
- Era Hydrobiotech Energy Pvt. Ltd.
- Farmland
Rainwater Harvesting System
- Bantair India Private Limited
- J.A. Desai
Ferrocements
- Lahs Green India
Pvt Ltd
- Sunlight
Consultancy Private Limited
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also request for 10% free customization on this report.
“The rising consumer awareness regarding the declining
freshwater amount across geographies is one of the factors driving the growth
of the India rainwater collecting system market. One of the main reasons driving
the expansion of the India rainwater harvesting system market is the rising
demand for rainwater collecting systems from farmers and large farms. The
rising need for water for irrigation, which is essential for maintaining crop
productivity and combating climatic disasters such as drought, is the cause of
this rise in agriculturalists' demand. As a result, they now have a reliable
solution for collecting rainwater and storing it for future use. Therefore, the
market of Rainwater Harvesting in India is expected to grow in the upcoming
years,” said
Mr Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“India Rainwater Harvesting Market, By
Type (Rain Barrel System, Dry System, Wet System, Green Roof System), By
Harvesting Method (Above Ground {Ground Surface and Storage Tank}, Under
Ground), By Application (Residential, Commercial, Industrial and Agricultural),
By Region, Competition, Forecast &
Opportunities, 2028”, has
evaluated the future growth potential of India Rainwater Harvesting Market and
provides statistics and information on market structure, size, share, and
future growth. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities present in the India Rainwater
Harvesting Market.
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