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Press release content from Business Wire. The AP news staff was not involved in its creation.

North America Rainwater Harvesting Market Expected to Grow with a CAGR of 4% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

January 6, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 6, 2020--

The  “North America Rainwater Harvesting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”  report has been added to  ResearchAndMarkets.com’s  offering.

The publisher expects the market to reach a value of US$ 422 Million by 2024, registering a CAGR of around 4% during 2019-2024.

The North America rainwater harvesting market reached a value of US$ 334 Million in 2018. Rainwater harvesting refers to the collection and storage of rainwater for future use. Rainwater can be collected from rooftops, roads, open grounds and natural water bodies, such as rivers. A typical rainwater harvesting system contains a catchment, in which the rainwater is captured, and a conveyance system that transfers water from catchment to the storage tank. In the storage tank, the water is treated for removing pollutants, if any. This processed rainwater can be then used for irrigation, gardening, drinking, domestic purposes as well as conservation of wetlands. A set-up for harvesting rainwater can be built in individual homes, residential colonies or apartments, educational institutions, club houses, hospitals, farmhouses, farmlands, and industrial areas.

North America rainwater harvesting market is currently being driven by several factors. The easy installation and customization process of rainwater harvesting system has fueled its demand in the region. In line with this, the overall cost of installation and operation of these systems is much lesser than that of a water purifying or pumping system. This makes rainwater harvesting an economical way of preserving water. Moreover, with the growing population, there is a rise in the demand for water in the region. Further, rainwater harvesting is reducing the dependency on groundwater and helping in mitigating concerns regarding water scarcity and depleting ground water levels. Additionally, rainwater, when collected, can be used for numerous purposes, which include flushing toilets, washing, watering plants, composting, rinsing vegetables, and fire protection.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Rainwater Harvesting Market

5.1 Market Performance

5.2 Market Breakup by Harvesting Method

5.3 Market Breakup by End-User

5.4 Market Breakup by Region

5.5 Market Forecast

6 North America Rainwater Harvesting Market

6.1 Market Performance

6.2 Market Forecast

7 North America Rainwater Harvesting Market: Breakup by Harvesting Method

7.1 Above Ground

7.2 Underground

8 North America Rainwater Harvesting Market: Breakup by End-User

8.1 Commercial

8.2 Residential

8.3 Industrial

9 North America Rainwater Harvesting Market: Breakup by Country

9.1 United States

9.1.1 Historical Market Trends

9.1.2 Market Breakup by Harvesting Method

9.1.3 Market Breakup by End-User

9.1.4 Market Forecast

9.2 Canada

9.2.1 Historical Market Trends

9.2.2 Market Breakup by Harvesting Method

9.2.3 Market Breakup by End-User

9.2.4 Market Forecast

10 SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Value Chain Analysis

12 Porter’s Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Rivalry

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit  https://www.researchandmarkets.com/r/komm6r

View source version on businesswire.com:https://www.businesswire.com/news/home/20200106005781/en/

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SOURCE: Research and Markets

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PUB: 01/06/2020 11:44 AM/DISC: 01/06/2020 11:44 AM