North America Water Storage Systems Market worth $5,450 Million By 2018
DALLAS, July 16, 2013 /PRNewswire/ --
The report "North America Water Storage Systems Market, By End Use, Application, Material Type & Country (U.S., Canada, Mexico) - Trends & Forecasts to 2018 " defines and segments the water storage systems market with analysis and forecasting of revenues for North America. The water storage systems market will grow to $5.45 billion by 2018, with a double digit CAGR from 2013 to 2018.
- 102 Market data tables
- 43 Figures
- 250 Pages and an in-depth Table of Content on " North America Water Storage Systems Market"
Early buyers will receive 10% customization on this report.
The water storage systems market is mainly driven by conservation, recycling, and re-usage of water along with increased monitoring. Water leakage loss minimization and consumption monitoring can only be achieved by using advanced storage tanks which are the prime reason why water storage systems market is experiencing a huge surge in demand from existing and emerging applications.
Lack of funds and low government response has resulted in investment gaps. The water framework in North America is in dire need of a major overhaul. Water infrastructure funding comes mainly from the taxpayers money with very less amount of private investments. However, with increasing focus towards water conservation and more government support, it is expected that the funds will increase and lead to the stabilization of North American water infrastructure. Considering all the factors stated above, it is of utmost importance that water is used sustainably for it to be available for future generations.
Download Free Brochure @http://www.marketsandmarkets.com/pdfdownload.asp?id=1184
The enormous potential of this market is attracting various small and big level industry players. The water storage systems market is experiencing a boom especially in U.S., on account of ever tightening laws on water and wastewater storage and collection, and increased spending on modernization and upgradation of water infrastructure in the country. The market is growing at a healthy rate in Canada, and is growing at a much faster pace in the Mexico, due to rising use of water for industrial processes. The market will experience an escalation in the demand of water storage systems in the years to come.
The water storage systems market is highly stratified with most companies offering only a particular kind of system designed for a specific application. Only few big companies such as Caldwell Tanks (U.S.) and CST Industries (U.S.) exist in this market whereas most of the players are very small and have a small area of influence. Most of the companies are focusing mainly on R&D in order to develop new and improved products .The companies have extensively applied expansion (either geographic or capacity expansion) as a growth strategy for this market to increase their market.
The report covers North American Water Storage Systems Market and its trends concerning three countries namely, U.S., Canada, and Mexico; and its major applications such as municipal, commercial, industrial, and residential.
The types of Water Storage Systems included are:
- Hot Rolled Steel
- Open Lined Pits
Also, the six important end uses of Water Storage Systems that are identified and included are:
- Hydraulic Fracture Storage & Collection
- On-site Water & Wastewater Collection
- Rain Water Harvesting & Collection
- Secondary Containment System
- Fire Suppression Reserve & Storage
- Potable Water Storage Systems
Buy a copy of this Report @http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1184
Browse related reports to ChemicalsReport@ http://www.marketsandmarkets.com/chemicals-market-research-10.html
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, agriculture industry, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
More by this Source
Ammunition Market Worth $8.15 Billion by 2017
Dec 20, 2013, 08:30 ET
Magnetic Resonance Imaging (MRI) System Market worth $5.24 Billion By 2018
Dec 19, 2013, 08:30 ET
Virtual Reality & Augmented Reality Market Worth 1.06 Billion by 2018
Dec 18, 2013, 09:30 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.