DUBLIN, August 2, 2013 /PRNewswire/ --
Research and Markets http://www.researchandmarkets.com/research/lp9wmm/north_america) has announced the addition of the "North America Water Storage Systems Market by End Use, Application, Material Type & Country - Trends & Forecasts to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
North American water storage systems market to reach $5.45 billion by 2018
'North America Water Storage Systems Market, By End Use, Application, Material Type & Country (U.S., Canada, Mexico) - Trends & Forecasts to 2018 '
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, will drive the North American water storage systems market to $5.45 billion by 2018. The U.S. leads the region in terms of usage of water storage systems due to increased spending on modernization and the upgrading of water infrastructure in the country. The market here is expected to experience the highest revenue growth during the next five years.
The water infrastructure throughout the North American region needs major modernization in the coming years. The factors driving growth in the water storage systems market 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 for specific applications. 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.
Key Topics Covered: Click the link below to view the full extended table of contents.
2 Executive Summary
3 Premium Insights
3.1 Market Segmentation
3.2 U.S. - Best Market To Invest
3.3 U.S. To Continue Driving Water Storage Systems Market
3.4 Municipal Applications - Largest Market
3.5 Steel Storage Systems Dominate The Market
3.6 Rain Water Harvesting - Fastest Growing End Use
3.7 Year With Most Patents Registrations - 2011
3.8 Most Companies Relied On New Products Launch For Growth
3.9 Cst Storage - Most Active Player In The Market
4 Market Overview
5 North America Water Storage Systems Market, By End Uses
6 Water Storage Systems Market, By Applications
7 Water Storage Systems Market, By Types
8 North America Water Storage Systems Market, By Countries
9 Competitive Landscape
10 Company Profiles
10.1 BH Tank Inc.
10.2 Bushman USA
10.3 Caldwell Tanks Inc.
10.5 Containment Solutions Inc.
10.6 Contain Water Systems Inc.
10.7 CST Industries Inc.
10.8 DN Tanks
10.9 HMT Inc.
10.10 Maguire Iron Inc.
10.11 Preload Inc.
10.12 Rainwater Hog Llc
10.13 Ridgeline Energy Services Inc.
10.14 Rockwater Energy Solutions
10.15 Roth North America
10.16 Snyder Industries Inc.
10.17 Tank Connection Llc
10.18 The Crom Corporation
10.19 Westeel Storage Solutions
10.20 Xerxes Corporation
For more information visit http://www.researchandmarkets.com/research/lp9wmm/north_america
SOURCE Research and Markets