Global Stormwater Facility Management Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Stormwater Facility Management Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Stormwater facilities management are designed to remove pollutants from stormwater runoff, re-charge groundwater through infiltration and reduce the velocity of the runoff and the improvement of water quality.

Market Overview:

The latest research study on the global Stormwater Facility Management market finds that the global Stormwater Facility Management market reached a value of USD 320.67 million in 2022. It’s expected that the market will achieve USD 574.31 million by 2028, exhibiting a CAGR of 10.2% during the forecast period.

COVID-19 may affect the growth rate of stormwater facility management market sales

COVID-19 is exacerbating the global debt, credit and currency crisis. The reduction in government taxation may transfer the funds invested in stormwater facility management to more important projects. Moreover, due to the increasingly serious epidemic situation in many regions and the government restricting the flow of people, the opening of labor unions in the downstream commercial market has been delayed. However, when COVID-19 is controlled, the capital chain resumes and the strong support of many regional policies, the industry will quickly recover. And speed up development.

Strategies for businesses to reduce the impact of COVID-19

Make people safety and continuous engagement the priority: It is recommended that firms have flexible work arrangements. If remote working is not possible, companies should provide protection to workers against infection.
Reshaping business strategy: Companies are facing disruption in their daily operations and business revenue. It is recommended to inject short term cash inflows to avoid cash shortages. Closely monitor direct costs attached to your business and look for a way to contain the price fluctuations. Firms need to work on different financial plans and establish multiple scenarios and modify the plans to stay agile. They will need to look at near-term capital raising, debt refinancing, and policy support from the government while considering the curtailing of non-essential expenses.
Communicate with stakeholders: Communicate the situation with employees and clients to strike a balance between caution and business. Contact the suppliers to find alternative supply chain options. Let customers know the impact of your product or services in this situation.
Maximize the use of government support policies: Firms should monitor the government support policies and national organizations that offer support. They may help with tax exemptions, social insurance, contribution reductions, and the support can be crucial if the crisis worsens.

Increased ecological awareness

More and more people have raised their ecological awareness and paid attention to technical, ecological and economic issues. These include changes in the water balance structure of the basin and hydraulic overload of the drainage system. Deteriorating water quality in receiving water bodies, destruction of river plants and animals and plants, and river bed degradation should also be considered important. In addition, from a social perspective, considering the potential social losses, more and more attention is focused on the consequences of improper water management. Therefore, this has promoted the development of the Stormwater Facility Management service market.

Insufficient performance of products and services

Despite the fact that rainwater management has become a research topic for many scientists, there are few services that can promote the implementation of sustainable drainage systems in urban watersheds. The hydraulic parameter characteristics of a single solution determine the financial effectiveness of its application or perform a qualitative assessment of rainwater. There is a lack of analytical methods and a comprehensive, interdisciplinary approach to rainwater management in urban catchment areas. Their performance may hinder the development of the Stormwater Facility Management market.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

Kimley-Horn and Associates is one of the major players operating in the Stormwater Facility Management market, holding a share of 4.21% in 2022.

Kimley-Horn and Associates

Kimley-Horn & Associates Inc. operates as a design consulting firm. The Company provides its engineers, planners, and environmental scientists to assist organizations in meeting goals. Kimley-Horn offers its services to businesses as well as government agencies.

SOLitude Lake Management

SOLitude Lake Management is a nationwide environmental firm providing solutions that improve water quality, enhance beauty, preserve natural resources and reduce their environmental footprint.

Segmentation Overview:

By type, Storm rainwater facility design segment accounted for the largest share of market in 2021.

Design of Stormwater Facilities

Design of Stormwater Facilities are any combination of landscape and structural features that slow, filter, or infiltrate (absorb) runoff on your property after a rainfall. Types of facilities include vegetated systems (planters, swales, ponds, wetlands, etc.), disposal systems (drywells and soakage trenches), and structural systems (Eco roofs, porous pavement and manufactured facilities). Piping, inlets and catch basins are also important components that need adequate maintenance to assure facility function.

Litigation Support

Stormwater Facility Management company can assist clients in evaluating plaintiff claims, preparing technical responses, conducting facility compliance audits, preparing stormwater pollution prevention plans, designing and implementing stormwater monitoring programs and best management practices.

Stream, Estuary, and Wetland Restoration

Restoration is a process that helps to transform an area that has been impacted by human or natural activity to an area that can sustain native habitats. There are different types of wetlands that require different strategies. There are different ways to approach restoring wetlands depending on the degradation of that wetland. Wetland restoration can be expensive. Streams are dependent on nature to heal past practices, but nature is not always predictable. Monitoring during and after the restoration is a way to help detect problems before they become unmanageable.
For creatures living in water, streams and estuaries can be a challenge. Flowing water can move mud, sand and gravel. The faster the water flows, the larger the particles it can move. Tree roots help reduce erosion in the floodplain. When there is a need to restore river corridors, there are many different technologies. There are engineering solutions and biological solutions.

Flood prevention

Stormwater management facilities help maintain the ecological integrity, quantity and quality of our water resources. These facilities control stormwater and thereby reduce the harmful effects of uncontrolled stormwater, such as flooding.

Liquids Management

Stormwater Facility Management can carry out Deep Well Injection, Dewatering Contaminated Sites Industrial, Wastewater Pretreatment and Landfill Leachate and other services

Application Overview:

By application, the Municipal segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Stormwater Facility Management market covered in Chapter 3:

Dudek Services
RH2 Engineering
Kimley-Horn and Associates
EXACT Stormwater Management
Patriot Natural Resources
The Sigma Group
SOLitude Lake Management
Emscher Wassertechnik GmbH
Apex Companies
SCS Engineers
Hanover Engineering
Aulick Engineering
SetterTech
Stormwater360
Nelmac

In Chapter 4 and Chapter 14.2, on the basis of types, the Stormwater Facility Management market from 2018 to 2029 is primarily split into:

Design of Stormwater Facilities
Litigation Support
Stream, Estuary, and Wetland Restoration
Flood Control
Liquids Management

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Stormwater Facility Management market from 2018 to 2029 covers:

Municipal
Commercial
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)