The rainfall and run-off software calculate runoff from rainfall on watersheds whose extension is limited by the condition that the rainfall can be expected evenly distributed over the area. The software helps in forecasting the impact of change and the next-generation of hydrological models. Several technological advances occur at a progressively faster pace, and enhancements to hydrologic and hydraulic software are no exception. Hence, these factors are likely to drive the rainfall and runoff
MARKET SCOPE
The "Global Rainfall and Run-Off Software Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the rainfall and run-off software market with detailed market segmentation by component, application, and geography. The report provides key statistics on the market status of the leading rainfall and run-off software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global rainfall and run-off software market is segmented into software and services.
- On the basis of application, the market is segmented into hydrologic modeling, flood routing and weather prediction, and others.
MARKET DYNAMICS
Drivers:
- The reduction in river flows, growing population, water channel infiltration, and land-surface infiltration is driving the demand for rainfall and run-off software.
- Furthermore, considerable uncertainty and changes in rainfall levels are likely to raise the adoption of rainfall and run-off software.
Restraints:
- The high initial investment may restrain the growth of the rainfall and run-off software market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The rainfall and run-off software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rainfall and run-off software market in these regions.
IMPACT OF COVID-19 ON RAINFALL AND RUN-OFF SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the rainfall and run-off software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from rainfall and run-off software market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rainfall and run-off software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BENTLEY SYSTEMS, INCORPORATED
- BMT Group Limited
- HydroCAD Software Solutions LLC
- Innovyze
- J.F. Sabourin and Associates Inc.
- KISTERS North America, Inc.
- LaGa Systems Pvt. Ltd.
- Rehm Software GmbH
- Vieux and Associates, Inc.
- Water Resource Associates LLP