Global Rainwater Harvesting Systems Market to Reach $1.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Rainwater Harvesting Systems estimated at US$841.3 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 4.3% over the period 2020-2027. Residential, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$512.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Residential segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $247.7 Million, While China is Forecast to Grow at 4% CAGR
The Rainwater Harvesting Systems market in the U.S. is estimated at US$247.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$200.2 Million by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for Rainwater Harvesting Systems estimated at US$841.3 Million in the year 2020, is projected to reach a revised size of US$1.1 Billion by 2027, growing at a CAGR of 4.3% over the period 2020-2027. Residential, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$512.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Residential segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $247.7 Million, While China is Forecast to Grow at 4% CAGR
The Rainwater Harvesting Systems market in the U.S. is estimated at US$247.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$200.2 Million by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 42 Featured):
- Kingspan Group PLC
- Stormsaver Ltd.
- Water Field Technologies Pvt. Ltd.
- Watts Water Technologies, Inc.
- Innovative Water Solutions LLC
Frequently Asked Questions about the Global Market for Rainwater Harvesting Systems
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Report Attribute | Details |
---|---|
No. of Pages | 126 |
Published | April 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD ) in 2020 | $ 841.3 Million |
Forecasted Market Value ( USD ) by 2027 | $ 1100 Million |
Compound Annual Growth Rate | 3.9% |
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION