The Global Water Storage Systems Market research report is a complete study that summarizes the most recent changes and advancements in the Water Storage Systems industry, with 2018 acting as the base year and the forecast year being 2020–2027. The analysis provides useful details on the market’s size, share, sales channels, distribution system, market segmentation, consumer needs, industry trends, and potential for future growth. The research also looks at both global and regional market growth. The paper examines the COVID-19 pandemic’s implications for the market for Water Storage Systems and its key segments.
The global water storage systems market is likely to reach a value of USD 24.36 Billion by 2027, according to a current analysis by Emergen Research. This growth in the market can be attributed to rising awareness regarding the scarcity of fresh water and the consumption of clean drinking water. Recycling of the wastewater generated by industries is also contributing to the growth of the water shortage systems market. Countries facing severe climatic conditions and a high risk of drought are increasingly adopting water storage systems. Rising utilization of water harvesting by farmers to reduce erosion and increase crop yields and product reliability is expected to drive the water storage systems market in the near future. Rising demand for treated water in oil and gas refineries and growth in oil and gas exploration activities globally are likely to offer lucrative opportunities for major market players in the water storage systems market in the near future.
Global Water Storage Systems Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Water Storage Systems market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Water Storage Systems market and pinpoint the fundamental growth trends.
Key Companies Profiled in the Report are:
Synalloy Corporation, CST Industries, Inc., Mcdermott International, Inc., AG Growth International Inc., BH Tank, Caldwell Tanks, Sintex Plastics Technology Limited, Fiber Technology Corporation, Snyder Industries, Containment Solutions, Inc.
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends @ https://www.emergenresearch.com/industry-report/water-storage-systems-market
Key Highlights of Report
- In March 2019, AG Growth International, Inc. acquired Intellifarms, which provides technology-based products such as hardware and software for monitoring grain conditions during storage for growers and grain processors. The acquisition is expected to help AG Growth International; Inc. expand its controls, technology, and project management capabilities.
- The hydraulic fracture storage & collection segment held the largest market share of 39.1% in 2019. Increasing utilization of treated and fresh water in oil and gas refineries is expected to drive the segment during the forecast period.
- The fiberglass material segment is projected to expand at the most rapid CAGR of 6.7% during the forecast period. Anti-aging, safe, reliable, and fire-resistant nature of fiberglass and its long service life is boosting usage of fiberglass material-based water tanks in commercial and industrial sectors.
- The municipal segment accounted for the largest market share in 2019. Growing government initiatives regarding water conservation led by rising scarcity of water have driven utilization of water storage systems by municipalities.
- The Asia Pacific region is expected to be the most rapidly expanding region of the global market during the forecast period. Rapid urbanization and industrialization and increasing population in developing economies is driving the water storage systems market in the region.
Market Overview:
The report bifurcates the Water Storage Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Hydraulic Fracture Storage & Collection
- Rainwater Harvesting & Collection
- On-site Water & Wastewater Collection
- Potable Water Storage System
- Fire Suppression Reserve & Storage
- Others
- Material Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Plastic
- Concrete
- Fiberglass
- Steel
- Others
- End-use Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017–2027)
- Commercial
- Municipal
- Residential
- Industrial
Additional information offered by the report:
- Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Cobots market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Thank you for reading our report. If you have any requests for customization of the latest report, kindly get in touch with us. Our team will assist you and ensure the report is designed as per your requirements.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.