What is Stormwater Facility Management Market Scope?
Stormwater is rainwater or melted snow and ice that runs off streets, lawns, and others which is negatively affected the agriculture sector. Stormwater management facilities can help us to maintain ecological integrity, quality as well as quantity of water resources. Stormwater management is also called low-impact development or green infrastructure facilities. Improving water quality by preventing bacteria, chemicals, and heavy metals can drive market growth.
Influencing Trend:
Smart Building Technology
Market Growth Drivers:
Increasing Adoption of Stormwater Facility Management to Improve Water Supply and Consumption Efficiency and The Rising Demand for Stormwater Management helps to Prevent Excessive Erosion
Challenges:
Concerns with the Incorporating the Latest Technology and Innovative processes
Restraints:
Lack of Awareness about Stormwater Management Facility and High Cost of Maintenance
Opportunities:
Growing Investments in Water Infrastructure
The Stormwater Facility Management market study is being classified by Type (Design of Stormwater Facilities, Litigation Support, Stream, Estuary, and Wetland Restoration, Flood Control and Liquids Management), by Application and major geographies with country level break-up.
Global stormwater facility management is a fragmented market due to the presence of various players. The players are focusing on investing more in launching a new scheme that is helpful for rural areas people. These will enhance their market presence. The companies are also planning strategic activities like mergers and acquisitions which will help them to sustain in the market and maintain their competitive edge.
SOLitude Lake Management (United States), EXACT Stormwater Management (United Kingdom), SCS Engineers (United States), The Sigma Group (United States), Hanover Engineering (United States), Dudek Services (United States), RH2 Engineering (United States), Gannett Fleming (United States), Great Valley Consultants (United States) and Nelmac (Australia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Aulik Engineering (United States), SetterTech (United States), Kimley-Horn and Associates (United States), Stormwater360 (New Zealand) and Patriot Natural Resources (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Stormwater Facility Management market by Type, Application and Region.
On the basis of geography, the market of Stormwater Facility Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
On 13th June 2021, Exact Stormwater Management acquired Landsaver Environmental Richmond, together with their employee, equipment, and contracts. The acquisition of Landsaver Environmental expands Exact’s capabilities into new markets.
On 6th March 2022, Bowman Consulting Group acquired Fibre Engineering, which is specialize in Stormwater and Wastewater solutions. Bowman expects the Fibre acquisition to initially contributes approximately USD1.5 million of annualized net service billing.
According to EPA, stormwater management is the effort aimed at reducing and channeling rainwater runoff or melted snow from urban areas, streets, lawns, and homes to improve water quality. It also helps to reverse the negative effects of urban and rural stormwater flooding caused by agriculture and human activities such as infrastructural constructions.
Key Target Audience
Stormwater Facility Management Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
Stormwater Facility Management Market Study: Important Years
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Stormwater Facility Management Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Stormwater Facility Management industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.