United States stormwater
management market stood at $ 4.7 billion in 2017 and is forecast to witness robust
growth to reach $ 7.9 billion by 2023, on account of increasing life and property losses due to growing
storm occurrences in the country. Moreover, development of innovative and smart
technologies for stormwater management such as Low Impact Development (LID)
systems, growing investments towards water infrastructure and management
systems, and increasing focus on green stormwater management strategies would
fuel the country’s stormwater management market
in the coming years. Government initiatives such as
Stormwater Grant Program (SWGP) and introduction of new standards such as
Construction General Permit (CGP) for the discharge of stormwater from
construction sector are expected to augment demand for stormwater management
systems in the US during forecast period. Innovative technologies like the
installation of smart water monitoring and control technology running on the
cloud platform by Philadelphia Water Department in partnership with Microsoft
partner Opti are also expected to create awareness regarding stormwater
management in the country. Municipalities dominate United States stormwater
management market, as a large number of infrastructure projects pertaining to
the collection of runoff water to avoid environmental and water pollution are
being carried out in the segment.
Years considered for this report:
Historical Years:
2013-2016
Base Year: 2017
Estimated Year:
2018
Forecast Period:
2019-2023
Objective of the Study:
- To analyze and forecast United
States stormwater management market size.
- To define, classify and
forecast United States stormwater management market on the basis of tool, application,
region and company.
- To scrutinize the detailed
market segmentation and forecast the market size on the basis of tools
used, namely, Grassed Swales, Rain Gardens, Pervious Pavement, Green Roofs
and Others.
- To analyze and forecast the
market share for stormwater management with respect to application, namely,
Municipal, Commercial and Industrial.
- To analyze and forecast the
market share for stormwater management with respect to region, namely, West,
Midwest, North East and South.
- To identify tailwinds and
headwinds for United States stormwater management market.
- To strategically profile
leading players operating in United States stormwater management market.
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Contech Engineered Solutions LLC, Forterra Inc., Advanced
Drainage Systems Inc., AquaShield Inc., Suntree Technologies Inc., Hydro
International Plc, Old Castle Precast Inc., StromTrap LLC, Thompson Pipe Group,
Inc. and Rinker Materials, Inc. are some of the major companies operating in the
US stormwater management market.
To extract data for United States stormwater management,
primary research surveys were conducted with stormwater management companies
and end users. While interviewing, the respondents were also enquired about
their competitors. Through this technique, TechSci Research was able to include
companies that could not be identified due to the limitations of secondary
research. Moreover, TechSci Research analyzed various applications and
projected a positive outlook for United States stormwater management market
over the coming years.
TechSci Research calculated United States stormwater
management market size using a bottom-up approach, wherein companies’ value
sales data for applications (municipal, commercial and industrial) was recorded
and forecast for the future years. TechSci Research sourced these values from
industry experts and company representatives and externally validated through
analyzing historical sales data of respective companies to arrive at the
overall market size. Various secondary sources such as company annual reports,
industry magazines, industry reports, credible paid databases, proprietary
database, International Trade Centre, New York City Government, National
Weather Service, etc., were also studied by TechSci Research.
Key Target Audience:
- Stormwater management
companies and other stakeholders
- Major end users of
stormwater management systems and services
- Organizations, forums and
alliances related to stormwater management market
- Government bodies such as
regulating authorities and policymakers
- Market research and
consulting firms
The study is
useful in providing answers to several critical questions that are important
for industry stakeholders such as stormwater management companies, customers
and policymakers. The report also provides useful insights about which market
segments should be targeted over the coming years in order to strategize
investments and capitalize on growth opportunities.
Report Scope:
In this report, United
States stormwater management market has been segmented into the following
categories in addition to the industry trends which have also been detailed
below:
- Market, by Tool:
- Grassed Swales
- Rain Gardens
- Pervious Pavement
- Green Roofs
- Others
- Market, by Application:
- Municipal
- Commercial
- Industrial
- Market, by Region:
- West
- Midwest
- North East
- South
Competitive
Landscape
Company Profiles: Detailed
analysis of the major companies present in United States stormwater management market.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Channel Partner
Analysis
- Detailed list of
distributors and dealers across all the regions.
Company
Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case you don’t find what you are looking for, please get in touch with our
custom research team at sales@techsciresearch.com