Water infrastructure refers to the system of pipes, reservoirs, treatment facilities, and drainage systems that make up the drinking water and wastewater systems.
Water and wastewater systems are vital to the nation's public health, protecting the environment, and supporting economic activities. However, much of the nation's drinking water and wastewater infrastructure is at or near the end of its useful life. Thus, it is necessary to replace and upgrade the deteriorating water infrastructure.
The world's water infrastructure is aging and it is in constant need of repair and renovation. This brings companies offering water infrastructure repair technologies into the picture. Utilities grappling with the massive costs of maintaining expansive water networks are constantly seeking technologies that can optimize their pipe networks. Moreover, shrinking freshwater reserves have led to a greater need for better monitoring and repair technologies. These factors are expected to keep up a steady demand for water infrastructure repair technologies in the years ahead.
Water infrastructure repair technologies are composed of products and solutions to help inspect water pipelines, find faults and optimization opportunities, and address them. As utilities across the world move toward smarter ways of managing water supply and billing, water infrastructure repair technologies have had to keep pace. There are several lucrative opportunities that can be tapped in this market. The report notes that some of the most lucrative opportunities in the water infrastructure repair technologies market lie in monitoring and renovation solutions.
According to this study, over the next five years the Water Infrastructure Repair market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 106100 million by 2024, from US$ 74980 million in 2019. In particular, this report presents the global revenue market share of key companies in Water Infrastructure Repair business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Water Infrastructure Repair market by product type, application, key companies and key regions.
This study considers the Water Infrastructure Repair value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mueller Water Products
Black & Veatch
Kurita Water Industries
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Water Infrastructure Repair market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Infrastructure Repair market by identifying its various subsegments.
Focuses on the key global Water Infrastructure Repair players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Infrastructure Repair with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Water Infrastructure Repair submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.