Global Water infrastructure repair technology Market Size study & Forecast, by Product (Pipes & Connectors, Fittings, Couplings, Valves and Others), by End User (Drinking Water Distribution, Wastewater Collection) and Regional Analysis, 2022-2029
Global Water infrastructure repair technology Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Technologies for repairing water infrastructure include services and products that can be used to examine water pipes, identify problems, and take advantage of openings. Utilities are continually looking for technology that would optimize existing pipe networks due to the high maintenance costs and extensive water networks. Water infrastructure repair technologies have had to keep up with utilities around the world as they create better methods of controlling water systems and billing. The Water infrastructure repair technology Market is expanding because of factors such as shrinking freshwater reserves and rising Urbanization.
Many parts of the world are facing water scarcity due to changing climate patterns and increased demand for water. This is driving the need for technologies that can repair and maintain water infrastructure systems to prevent water loss and improve water conservation. A survey from the UNICEF organization report 2022 states that, 4 billion people, or almost 2/3 of the world's population, would experience acute water scarcity for at least one month out of every year. In addition to these, the study forewarns that: 700 million people could be displaced by severe water scarcity by 2030; half of the world's population could live in areas with water scarcity as early as 2025; and more than one in four children worldwide will live in areas with extremely high-water stress by 2040. Thus, rising water scarcity across the world is driving market growth. In addition, favorable Government regulations and a rising number of technological developments are creating lucrative growth in the market. However, rising prescriptions for medications such as GLP-1 RAs to treat End User 2 diabetes may halt market growth.
The key regions considered for the Global Water infrastructure repair technology Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of key market players, rising technological development and rising awareness about healthy drinking water in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising government initiatives, rising health concerns, and rising waterborne diseases in the region.
Major market player included in this report are:3M
Aclara Technologies LLC
Advanced Trenchless Inc.
Aegion Corp.
Applied Felts Inc.
Aquarius Spectrum Ltd.
Aries Industries Inc.
Brawo Systems GmbH
Cues Inc.
Echologics Gmbh
Recent Developments in the Market:In September 2022, the US governor announced the grant of USD 2.5 million in H2Ohio grants to assist enhance the quality of their drinking water and to upgrade or replace deteriorating water and wastewater infrastructure.
Global Water infrastructure repair technology Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Product:
Pipes & Connectors
Fittings
Couplings
Valves
Others
By End User:
Drinking Water Distribution
Wastewater Collection
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
Companies Mentioned3M
Aclara Technologies LLC
Advanced Trenchless Inc.
Aegion Corp.
Applied Felts Inc.
Aquarius Spectrum Ltd.
Aries Industries Inc.
Brawo Systems GmbH
Cues Inc.
Echologics Gmbh
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.