Water Storage Systems Market – U.S., Canada & Mexico 2018 Analysis and Forecasts in New Research Report at ReportsnReports.com
Dallas, TX (PRWEB) July 17, 2013 -- Rising concerns for optimal usage of water, which is a fast depleting resource, coupled with the benefits and simplicity offered by the water storage systems in all sections of life, together, will drive the North American water storage systems market to $5.45 billion by 2018. U.S. leads the region in terms of usage of water storage systems due to increased spending on modernization and upgradation of water infrastructure in the country, which makes it the biggest market for water storage systems. The market here is expected to experience highest revenue growth during the next five years.
The water infrastructure in North America needs major modernization & upgradation in the years to come. The factors driving growth in the water storage systems market (http://www.reportsnreports.com/reports/265830-north-america-water-storage-systems-market-by-end-use-application-material-type-country-us-canada-mexico-trends-forecasts-to-2018.html) are the growing concerns for conservative water usage, water scarcity in southern U.S., government regulations, growing water usage in commercial and institutional sector, increased water conservation movements, focus on recycling and reuse and increased demand for minimizing water losses through leakage. The factors hindering the growth of this market are considerable capital investment, funding requirement, and indifference towards conservative water use in some sections.
The water storage systems market has a large number of players with most of them having only a local footprint. The market is highly stratified with most players offering only a particular kind of water storage systems for specific applications. Most of the players focus only on offering a particular kind of water storage systems that is used in only specific end-user industries. Only few big companies such as Caldwell Tanks (U.S.) and CST Industries (U.S.) offer water storage systems for almost all end-use segments. The majority of the companies in this market rely on expansion (either geographic or capacity expansion) as their growth strategy to increase sales and profit. The companies have also undertaken R&D to develop highly sophisticated products. Most of the major companies manufacturing water storage systems are headquartered in the U.S.
Hydraulic fracture storage & collection is the most dominant end use of the water storage systems but rain water harvesting & collection is the fastest growing end use in North America. Steel water storage systems, owing to its wide areas of application and numerous advantages, are used in almost all industries, and hence, would be dominating the North American water storage systems market. Since the maximum supply of drinking water and other purposes in this country is done by the municipalities, the water storage systems that are used by them have the maximum market share.
The North American water storage systems market is analyzed in terms of revenue ($million) for all major countries viz. U.S., Canada, and Mexico. Revenues from each country have been broken down by end uses, namely, hydraulic fracture storage & collection, on-site water & wastewater collection, rain water harvesting & collection, secondary containment system, fire suppression reserve & storage, potable water storage systems, and others. Steel, fiberglass, concrete, hot rolled steel, open lined pits, plastic, and others are the six main types of water storage systems included in the report. Also, the important applications of water storage systems identified and included are namely municipal, commercial, industrial, and residential.
This report analyzes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, and winning imperatives. Major companies such as BH Tank Inc. (California, U.S.), BUSHMAN USA (California, U.S.), Caldwell Tanks (Kentucky, U.S.), CB&I (Texas, U.S.), Contain Water System Inc.; (California, U.S.), Containment Solutions Inc. (Texas, U.S.), CST Industries Inc. ( Kansas, U.S.), DN Tanks (Massachusetts, U.S.), HMT Inc.(Texas, U.S.) , Maguire Iron Inc. (South Dakota, U.S.), Preload Inc.(New York, U.S.), Rainwater HOG LLC(California, U.S.), Ridgeline Energy Services Inc. (Alberta, Canada), Rockwater Energy Solutions (Texas, U.S.), Roth North America(New York, U.S.), Snyder Industries Inc. (Nebraska, U.S.), The Crom Corporation (Florida, U.S.), and more have also been profiled in this report.
Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=265830. Alternatively can get discount @ http://www.reportsnreports.com/contacts/discount.aspx?name=265830.
Scope of the report
On the basis of country:
• U.S.
• Canada
• Mexico
On the basis of end uses:
• Hydraulic fracture storage & collection
• Onsite water & wastewater collection
• Rain water harvesting & collection
• Secondary containment system
• Fire suppression reserve & storage
• Potable water storage systems
• Other end uses
On the basis of types:
• Steel
• Fiber Glass
• Concrete
• Hot Rolled Steel
• Open Lined Pits
• Plastic
• Other
On the basis of application:
• Municipal
• Commercial
• Industrial
• Residential
Explore more reports on Water Market @ http://www.reportsnreports.com/market-research/water/, Water Treatment Market @ http://www.reportsnreports.com/tags/water-treatment-market-research.html and Environmental Market @ http://www.reportsnreports.com/market-research/environmental/.
About US:
ReportsnReports.com is an online market research reports (http://www.reportsnreports.com/) library of 200,000+ reports and in-depth studies of 5000+ micro markets.
Priyank, ReportsNReports, http://www.reportsnreports.com/, + 1-888-391-5441, [email protected]
Share this article