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With the growing water insecurity in almost every country around the world, rainwater harvesting has become an essential activity for house owners. Apart from preventing water shortages, rainwater harvesting also helps House owners to reduce their water bills.
LONDON–(BUSINESS WIRE)–Technavio has announced the top five leading vendors in their recent rainwater harvesting market in India 2017-2021 report. This market research report also lists 14 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the rainwater harvesting market in India is diversified because of the presence of a vast number of vendors. In developed and developing regions, the regional vendors dominate the market, thereby increasing competition. The market is expected to witness rapid growth in the future because of the growing scarcity of water.
LONDON–(BUSINESS WIRE)–Technavio has announced the top five leading vendors in their recent rainwater harvesting market in India 2017-2021 report. This market research report also lists 14 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the rainwater harvesting market in India is diversified because of the presence of a vast number of vendors. In developed and developing regions, the regional vendors dominate the market, thereby increasing competition. The market is expected to witness rapid growth in the future because of the growing scarcity of water.
Our dependency on groundwater for meeting the water demands for residential and commercial purposes has led to overexploitation of groundwater reservoirs. 85 percent of drinking water in rural and 48 percent in urban areas are getting their supply of groundwater from over 30 million access points.
How much water is available per person, depends on the population of the country. This means, uncontrolled population growth can lead to a reduction of this metric, which is the current scenario in India. In the year 2011, the per capita water availability was assessed as 1816 cubic meters, which has reduced to 1486 cubic meters in 2021
Conservation is a core concept for sustainable development. Even the technological advances around the world are focused on the idea of conservation. Big or small, all businesses are trying to reduce their carbon footprints by switching to eco-friendly and environment conserving ideas. From inventing public electric transport to using Hydrogen in the energy transition, the world’s best brains are getting together to achieve the mission of sustainable development.
Amongst all these ideas, the practice of water conservation through rainwater harvesting is something every single soul on the earth will be able to undertake. On average, each person in India uses about 80-100 gallons of water per day, for indoor home uses. Also, around 40 billion of water is consumed by industries in India, as per the Ministry of Water Resources.
The year 2020-21 will be remembered in history for the obvious mayhem of the Covid19 pandemic. The other issues around the world seem to be gone in the backend. But not the environmental ones and the climate change issue.
Last year, Delhi and its neighbouring states experienced the prolonged and freezing spell in December, since 1997. Summers were hottest; July 2019 was the planet’s warmest month in 140 years, as per NOAA (The National Oceanic & Atmospheric Administration). The year 2020 did not start on a good note either; Forest fires broke out in Srinagar of Pauri Garhwal area of Uttarakhand in late May. A deadly tropical cyclone Amphan played havoc in Easter India, leaving a trail of substantial damage to lives and infrastructure. The rise in the temperature of our atmosphere has increased the number of unprecedented extreme events like cyclones, floods, heatwaves, and droughts.
The whole world is under crisis due to the Covid19 pandemic. Every country around the world is investing all its resources to keep going and fight against the deadly virus. Under these stressful circumstances, clean water scarcity is one of the fears of many nations, including India. Rainwater harvesting is now done at an extensive level in our country. This may provide some relief to many of us. But we also need to maintain the health of our harvested rainwater in these crucial times. Rainwater harvesting filter helps to remove physical impurities. Read here to know more about them.