Pervious Concrete Installation Market Size, Share & Trends Analysis Report By Application (Hardscape, Floors), By End-use (Commercial, Infrastructure), By Region, And Segment Forecasts, 2024 - 2030
Pervious Concrete Installation Market Trends
The global pervious concrete installation market size was estimated at USD 14.73 billion in 2023 and is forecasted to grow at a CAGR of 5.5% from 2024 to 2030. This growth is attributed to the rising construction projects around the world coupled with an increasing inclination towards green, eco-friendly, and sustainable construction materials such as pervious concrete. In addition, the growing initiatives by governments of various countries to recharge groundwater levels are also driving the demand for products over the coming years.
The product allows water to pass through the surface, thereby improving stormwater management and reducing runoff. Moreover, pervious concrete helps in reducing the heat island effect and recharging groundwater levels which makes it an environmentally friendly option as compared to its substitutes. Therefore, as the government is enforcing incentives and regulations for sustainable construction along with stormwater management is expected to positively affect the market growth over the forecast period.
As compared to regular concrete products, pervious concrete is considered to require low maintenance and have a long lifespan which makes it a cost-effective. It is used in several applications such as commercial, infrastructure, public places, and residential as it offers superior aesthetic and functional benefits. Furthermore, this product is highly used in regions prone to flooding as it helps in mitigating damage risk by allowing water to pass through the ground. This results in low surface water accumulation.
However, the market possesses a few factors which act as its restraint. Installation cost of pervious concrete is higher when compared to traditional concrete owing to the requirement of specialized techniques and materials. In addition to this, due to its low strength in comparison to traditional concrete, its use is limited in heavy-load applications. With time pervious concrete becomes clogged which results in low effectiveness and permeability. Additionally, there is still limited expertise and awareness in the construction industry regarding the proper use and maintenance of products. This further limits its use in the market.
Global Pervious Concrete Installation Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global pervious concrete installation market based on the application, end-use, and region:
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Hardscape
- Floors
- End-use Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Infrastructure
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Avionics Market Snapshot
- 2.2. Avionics Market- Segment Snapshot (1/2)
- 2.3. Avionics Market- Segment Snapshot (2/2)
- 2.4. Avionics Market- Competitive Landscape Snapshot
- Chapter 3. Avionics Market - Industry Outlook
- 3.1. Market Overview
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.4. Technology Landscape
- 3.5. Industry Analysis Tools
- 3.5.1. Porter’s analysis
- 3.5.2. Macroeconomic analysis
- Chapter 4. Avionics Market: System Estimates & Trend Analysis
- 4.1. System Movement Analysis & Market Share, 2023 & 2030
- 4.2. Avionics Market Estimates & Forecast, By System (USD Billion)
- 4.2.1. Navigation Systems
- 4.2.2. Communication
- 4.2.3. Flight Management
- 4.2.4. Traffic and Collision Management
- 4.2.5. Weather
- 4.2.6. Others
- Chapter 5. Avionics Market: Component Estimates & Trend Analysis
- 5.1. Component Movement Analysis & Market Share, 2023 & 2030
- 5.2. Avionics Market Estimates & Forecast, By Component (USD Billion)
- 5.2.1. Hardware
- 5.2.2. Software
- Chapter 6. Avionics Market: Platform Estimates & Trend Analysis
- 6.1. Platform Movement Analysis & Market Share, 2023 & 2030
- 6.2. Avionics Market Estimates & Forecast, By Platform (USD Billion)
- 6.2.1. Commercial Aviation
- 6.2.2. Military Aviation
- 6.2.3. Business and General Aviation
- Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Avionics Market by Region, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Avionics Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.2.2. U.S.
- 7.2.3. Canada
- 7.2.4. Mexico
- 7.3. Europe
- 7.3.1. Europe Avionics Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.3.2. Germany
- 7.3.3. UK
- 7.3.4. France
- 7.3.5. Italy
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Avionics Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.4.2. Japan
- 7.4.3. China
- 7.4.4. India
- 7.4.5. South Korea
- 7.4.6. Australia
- 7.5. Latin America
- 7.5.1. Latin America Avionics Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.5.2. Brazil
- 7.6. Middle East & Africa (MEA)
- 7.6.1. MEA Avionics Market Estimates & Forecasts, 2018 - 2030, (USD Billion)
- 7.6.2. Saudi Arabia
- 7.6.3. UAE
- 7.6.4. South Africa
- Chapter 8. Avionics Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant’s Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.8.1. Expansion/Divestiture
- 8.8.2. Collaborations/Partnerships
- 8.8.3. New Product Launches
- 8.8.4. Research & Development
- 8.9. Company Profiles
- 8.9.1. Thales S.A.
- 8.9.1.1. Participant’s Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.1.4. Recent Developments
- 8.9.2. Honeywell International Inc.
- 8.9.2.1. Participant’s Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.2.4. Recent Developments
- 8.9.3. RTX Corporation
- 8.9.3.1. Participant’s Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.3.4. Recent Developments
- 8.9.4. L3Harris Technologies, Inc.
- 8.9.4.1. Participant’s Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.4.4. Recent Developments
- 8.9.5. Leonardo S.p.A.
- 8.9.5.1. Participant’s Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.5.4. Recent Developments
- 8.9.6. General Electric Company
- 8.9.6.1. Participant’s Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.6.4. Recent Developments
- 8.9.7. BAE Systems plc
- 8.9.7.1. Participant’s Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.7.4. Recent Developments
- 8.9.8. Northrop Grumman
- 8.9.8.1. Participant’s Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.8.4. Recent Developments
- 8.9.9. Elbit Systems Ltd.
- 8.9.9.1. Participant’s Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.9.4. Recent Developments
- 8.9.10. Safran S.A.
- 8.9.10.1. Participant’s Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.10.4. Recent Developments
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