Water Storage Systems Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Water Shortage in Low-Income Countries
- Growing Need for Water Conservation
Challenges
- Slow Adoption in the Underdeveloped Countries
- High Initial Investment
Water Storage Systems Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
8.5% |
|
Base Year Market Size (2024) |
USD 18.94 billion |
|
Forecast Year Market Size (2037) |
USD 54.7 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of water storage systems is estimated at USD 20.31 billion.
Water Storage Systems Market size was valued at USD 18.94 billion in 2024 and is likely to cross USD 54.7 billion by 2037, registering more than 8.5% CAGR during the forecast period i.e., between 2025-2037.
North America industry is set to dominate majority revenue share by 2037, on the back of rising awareness amongst the population in the United States to conserve water, which is estimated to increase the demand for residential water storage systems.
The major players in the market are DN Tanks Inc., AQUA Nishihara Corporation, AG Growth International, Inc., Pulsed Hydraulics Inc., Industrie De Nora S.p.A., GE Group, Superior Tank Co., Inc., and others.
