(MENAFN- PR Newswire) NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The rainwater harvesting market in India is to grow by USD 61.12 million from 2022
to 2027 progressing at a CAGR of
9.88% during the forecast period.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by an increase in water consumption . India's consumption of water has increased due to population growth, as well as the growing use of water in varisectors such as agriculture, chemicals, and others. Water harvesting was not integrated into buildings due to the lack of awareness among planners and policymakers. In addition, the installation of rainwater harvesting systems by the residential and nonresidential sectors is a consequence of these regulations, which assist governments in managing rising water consumption.
Hence, these factors are expected to drive market growth during the forecast period. - Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021)
and forecast period (2023-2027).
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![Technavio has announced its latest market research report titled Rainwater Harvesting Market in India 2023-2027]( "Technavio has announced its latest market research report titled Rainwater Harvesting Market in India 2023-2027")
Technavio has announced its latest market research report titled Rainwater Harvesting Market in India 2023-2027
The report on the rainwater harvesting market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as company analysis.
Rainwater Harvesting Market In India 2023-2027 - Market Dynamics
Major Trends
The emergence of smart cities and green buildings is a major trend in the market.
The 100 Smart Cities Mission is carried out by the Union Ministry for Urban Development in cooperation with state governments as part of the urban renewal and retrofitting program. There is a growth in the number of green buildings in India. As smart cities are built on the concept of green buildings, there is a rapid rise in the use of Green Technologies like renewables, rainwater harvesting, etc.
Hence, these factors are expected to drive market growth during the forecast period.
Significant Challenges
Uneven distribution of rainfall and lack of awareness is a significant challenge restricting market growth.
This is because there are different installations of these systems in variparts of the country. The favorable monsoon will lead to a stronger economy. However, the absence of a proper monsoon also leads to substantial losses in agricultural production that are likely to have an impact on growth. Moreover, rainfall contributes to reducing temperatures as well as recharging groundwater pools, rivers, and lakes.
Hence, these factors are expected to restrict market growth during the forecast period.
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Rainwater Harvesting Market In India
2023-2027: Market Segmentation
The rainwater harvesting market in India analysis includes end-user (residential and non-residential), and
application (surface-based and rooftop-based).
The
residential segment
is estimated to witness significant growth during the forecast period.
Activity in the construction sector continues to be boosted by factors such as a rising population, increased housing needs, and higher demand for drinking water. In new homes with a certain size, installing rainwater harvesting equipment is also compulsory. The two primary types of rainwater collection systems used in the residential sector are non-portable systems and portable systems. In addition, demand has increased due to an increase in the number of rules for rainwater harvesting, especially in hilly areas, and rapidly rising residential construction activities around the world.
Hence, these factors are expected to drive segment growth during the forecast period.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
Companies Mentioned
Ace Hygiene Products Pvt. Ltd. Ashwath Infratech DandD Ecotech Services Era Hydrobiotech Energy Pvt. Ltd. Farmland Rainwater Harvesting System Farmons Techno Pvt. Ltd. Hydrostatics Watertech Consultants LLP JAD Ferrocements Jaldhara Water Harvesting Solutions KRG India Research Centre for Rain Water Harvesting and Environment Lahs Green India Pvt. Ltd. N. S. and Associates Osmosis Autopump India Pvt. Ltd. Shree Saideep Multiservices Sunlight Consultancy Pvt. Ltd. Vardhman Envirotech Vijaykumar Ramjilal Kedia Vikas Industries Water Field Technologies Pvt. Ltd. Synergy Automatics
Company Offering
Jaldhara Water Harvesting Solutions -
The company offers rainwater harvesting solutions namely PRECIPURE is one of its kind in-house developed rainwater filtration system with the primary objective of bringing affordability and convenience in rainwater harvesting. Ashwath Infratech - The company offers rainwater harvesting solutions using Modular cross-wave technology with the Pure Rain filter. Synergy Automatics -
The company offers rainwater harvesting solutions such as Geophysical and GPS Surveys, Installation of Rain Water Harvesting Products, and Planning, Designing, and Implementation of RWH systems.
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| Rainwater Harvesting Market In India Scope |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 9.88% |
| Market growth 2023-2027 | USD 61.12 million |
| Market structure | Fragmented |
| YoY growth 2022-2023(%) | 8.9 |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
| Key companies profiled | Ace Hygiene Products Pvt. Ltd., Ashwath Infratech, DandD Ecotech Services, Era Hydrobiotech Energy Pvt. Ltd., Farmland Rainwater Harvesting System, Farmons Techno Pvt. Ltd., Hydrostatics Watertech Consultants LLP, JAD Ferrocements, Jaldhara Water Harvesting Solutions, KRG India Research Centre for Rain Water Harvesting and Environment, Lahs Green India Pvt. Ltd., N. S. and Associates, Osmosis Autopump India Pvt. Ltd., Shree Saideep Multiservices, Sunlight Consultancy Pvt. Ltd., Vardhman Envirotech, Vijaykumar Ramjilal Kedia, Vikas Industries, Water Field Technologies Pvt. Ltd., and Synergy Automatics |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End User
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About
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Contact
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