Global water storage systems market expected to generate around USD 15.38 billion by 2025, at a CAGR of around 3.72% between 2019 and 2025. The global water storage systems market is likely to experience significant growth in the future, owing to the growing scarcity of water, which is a global issue.
The report covers a forecast and an analysis of the water storage systems market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes the drivers and restraints of the water storage systems market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the water storage systems market on a global level.
In order to give the users of this report a comprehensive view of the water storage systems market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.
The study provides a decisive view of the water storage systems market based on tank type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some major players operating in the global water storage systems market include AG Growth International, Synalloy Corporation, Aqua Dam, Fiber Technology Corporation, American Structures, Aqua Nishihara Corporation Limited, DN Tanks, Pulsed Hydraulics, De Nora Water Technologies, Superior Tank, and GenMod.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
This report segments the global water storage systems market as follows:
Global Water Storage Systems Market: Tank Type Analysis
Global Water Storage Systems Market: Application Analysis
Global Water Storage Systems Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Water Storage Systems market revenue, 2016–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Water Storage Systems market attractiveness analysis, by tank type
6. Water Storage Systems market attractiveness analysis, by application
7. Water Storage Systems market: market attractiveness analysis, by region
8. Company market share analysis, 2018
9. Global Water Storage Systems market revenue by Tank Type, 2018 and 2025
10. Global Water Storage Systems market for Concrete, 2016–2025 (USD Billion)
11. Global Water Storage Systems market for Fiberglass, 2016–2025 (USD Billion)
12. Global Water Storage Systems market for Metal, 2016–2025 (USD Billion)
13. Global Water Storage Systems market for Plastics, 2016–2025 (USD Billion)
14. Global Water Storage Systems market for Others, 2016–2025 (USD Billion)
15. Global Water Storage Systems market revenue by Application, 2018 and 2025
16. Global Water Storage Systems market for Residential, 2016–2025 (USD Billion)
17. Global Water Storage Systems market for Industrial, 2016–2025 (USD Billion)
18. Global Water Storage Systems market for Commercial, 2016–2025 (USD Billion)
19. Global Water Storage Systems market for Municipal, 2016–2025 (USD Billion)
List of Tables
1. Water Storage Systems market: market snapshot
2. Drivers of the global Water Storage Systems market: impact analysis
3. Restraints of the global Water Storage Systems market: impact analysis
4. North America Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
5. North America Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
6. The U.S. Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
7. The U.S. Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
8. Europe Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
9. Europe Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
10. UK Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
11. UK Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
12. Germany Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
13. Germany Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
14. France Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
15. France Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
16. Asia Pacific Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
17. Asia Pacific Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
18. China Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
19. China Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
20. Japan Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
21. Japan Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
22. India Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
23. India Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
24. Latin America Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
25. Latin America Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
26. Brazil Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
27. Brazil Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
28. The Middle East and Africa Water Storage Systems market revenue, by Tank Type, 2016–2025 (USD Billion)
29. The Middle East and Africa Water Storage Systems market revenue, by Application, 2016–2025 (USD Billion)
Water is an essential commodity in our day-to-day operations. With groundwater scarcity, it has become important to store water. Thus, the need for water storage system arises. Water storage systems play an important in industrial, residential and commercial sectors. Tanks are considered as one of the important mediums of water storage. Water tanks are situated both above and below the ground. Basically, water storage means storage of potable water for consumption and the storage of non-potable water for other purposes. Apart from non-consumption, in many countries, especially in dry regions, there is a need for storage of potable drinking water.
The global water storage systems market is likely to experience significant growth in the future, owing to the growing scarcity of water, which is a global issue. The demand for water storage systems is likely to increase in the years ahead to store water. Furthermore, the increased use of water in various industrial applications is also projected to boost the water storage systems market development. Rapid industrialization in various regions is expected to use 4% more water annually in the future. Consequently, there will be a rise in global water consumption. Apart from residential and commercial sectors, the water consumption of the industrial sector will rise by 38% by 2050. Since there is a scarcity in groundwater resources, the only option is to recycle and store water to cater to the needs and demands of the industrial sector. This, in turn, will further contribute to the water storage systems market growth in the upcoming years. However, the high installation costs associated with the water storage systems may hamper the market growth in the future.
Based on type, the water storage systems market is segmented into plastic tanks, metal tanks, concrete tanks, fiberglass tanks, and others. By application, the water storage systems market is categorized into industrial, residential, municipal, and commercial.
By region, North America held an extensive share of the global water storage systems market in 2018 and is expected to continue its regional authority in the upcoming years as well. This regional growth can be attributed to the rising oil and gas exploration activities in the Gulf region. Europe is expected to provide significant growth opportunities for the global water storage systems market in the future, owing to the increasing adoption of plastic water tanks across the region and stringent government rules and regulations regarding storage and quality monitoring of water.
Some major players operating in the global water storage systems market include AG Growth International, Synalloy Corporation, Aqua Dam, Fiber Technology Corporation, American Structures, Aqua Nishihara Corporation Limited, DN Tanks, Pulsed Hydraulics, De Nora Water Technologies, Superior Tank, and GenMod.
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