With
the acceleration of urbanization, there are more and more hardened ground and
roofing, and the natural and ecological rainwater drainage system is destroyed.
When the rainwater falls to the ground, it produces a large amount of runoff,
which will cause floods in many cities. Therefore,
a perfect network of pipes is needed to discharge rainwater into the river. Although
many cities now have stormwater discharge system, but once encountered heavy
rain, how to solve the problem remains to be further discussed. Some people say
that the quality of a city can be judged by the water on the roads when it
rains!
Stormwater
facilities are designed with any combination of landscape and structural
features to mitigate, filter or absorb runoff from the ground after rainfall. The
types of facilities include vegetation systems (plantations, depressions,
ponds, wetlands, etc.), disposal systems (dry wells and seeps), and structural
systems (ecological roofs, porous pavements, and artificial facilities). Piping,
inlets and catchments are also important components that require adequate
maintenance to ensure facility functionality. The design of stormwater
facilities is the most important part of the overall system, accounting for
61.45% of the global market share of stormwater facilities management industry
in 2020.
From
the perspective of different application fields, rainwater facility management
system is mainly applied in municipal, commercial and industrial aspects. Among
them, municipal use accounted for the highest market share of 65.35%. Stormwater
management systems for commercial and industrial use accounted for 20.80% and
13.86% of the market, respectively.
North
America is the largest revenue market for the global stormwater facility
management industry, accounting for about half of the global market. In 2015,
the total market value of the North American stormwater management industry was
$94.48 million, accounting for 52.02% market share. Since then, North America\'s
market share in the industry has been declining, falling to 49.94% in 2020, and
its market share will continue to decline over the forecast period, falling to
47.13% by 2026. Europe and China ranked second and third with 29.29% and 7.57%,
respectively. In addition, the data show that China is expected to become the
fastest-growing market in the industry, with its market share increasing year
by year since 2015 and expected to reach 10.11% by 2026. In recent years, with
the continuous development of Chinese economy and technology, its GDP has
reached a high level, which also provides the foundation and support for the
development of the industry.
Get the complete sample, please click: https://www.globalmarketmonitor.com/reports/762708-stormwater-facility-management-market-report.html
The
top 3 Companies in the industry are Kimley-Horn and Associates, SOLitude Lake
Management and Apex Companies, all of which are from the US. In 2020, they
accounted for 4.18%, 3.37% and 2.59% of the global storm water management
market. Kimley-horn and Associates is a design consulting firm that provides
engineers, planners and environmental scientists to assist organizations in achieving
their goals. SOLitude Lake Management is a national environmental company that
provides solutions to improve water quality, beautify the environment, and
protect natural resources. Apex Companies is providing a wide range of service
platforms to a wide range of clients in the private and public sectors, from
energy companies, manufacturers, retailers, real estate developers to insurance
companies and municipal governments. The total market share of the top 3
companies is less than 15%, which shows that the industry concentration is very
low.
Opportunities and Challenges of Global Stormwater Facility
Management Market
In
recent years, many cities have experienced different degrees of waterlogging
during heavy rains. The key to solve this problem is how to manage urban
rainwater. In the real sense of urban rainwater management, it is necessary to
fully coordinate the functions of all relevant departments and make efforts to
make urban rainwater return to nature with the joint efforts of all relevant
departments. In short, it is necessary to make evaporation, runoff and
infiltration of urban rainwater find their proper place and restore the
ecological function of rainwater. Water
is the most basic material guarantee for human survival and city managers
should start from the height of realizing the harmonious coexistence between humans
and nature, which will provide more opportunities for rainwater facility
management market. In addition, environmental agencies face skills shortages
and difficulties in enforcing regulations. However, with increasing
industrialization and the development of government environmental protection
programs, infrastructure development in the municipal sector has been promoted,
and infrastructure and privatization programs and stricter environmental
regulations have contributed to the development of the stormwater facility
management market.
On
the other hand, more and more people are raising ecological awareness and
paying attention to technical, ecological and economic issues, including
changes in the structure of the water balance in the basin and hydraulic
overload of the drainage system. The
deterioration of the water quality, the destruction of river plants and
animals, and the degradation of river beds are also gradually paid attention
to. Moreover, from a social point of view, the consequences of mismanagement of
water resources are receiving increasing attention given the potential social
losses. This also promotes the development of storm water facilities management
service market to a certain extent.
Although stormwater management has become a topic of study for many scientists, few services facilitate the implementation of sustainable drainage systems in urban watersheds. The lack of analytical methods and integrated, interdisciplinary approaches to stormwater management in urban catchments will be a major challenge to the development of the stormwater facility management market. In addition, stormwater utility revenues are often constrained by legal obligations that can limit spending on system operation, maintenance, and repair, while effectively prohibiting innovation in green infrastructure, resulting in few dedicated, adequate funding flows, and stormwater managers having to demonstrate how these investments meet goals. Therefore, strict legal provisions may become a barrier to the development of storm water facility management market.
Get the complete sample, please click: https://www.globalmarketmonitor.com/reports/762708-stormwater-facility-management-market-report.html
We provide more professional and intelligent market reports to complement your business decisions.
Chinese