Water infrastructure repair technologies refer to the technologies used for the repair and maintenance of different water infrastructures. Water supply, treatment, storage, water resource management, flood mitigation, and hydropower are all included in the broad category of water infrastructure. The water infrastructure repair technologies are used for inspection, tracking critical faults, and maintaining pipeline infrastructure.
Sizing and Forecast
The water infrastructure repair technologies market size has grown strongly in recent years. It will grow from $74.39 billion in 2023 to $80.74 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to aging infrastructure, urbanization, environmental concerns, water scarcity, natural disasters.
The water infrastructure repair technologies market size is expected to see strong growth in the next few years. It will grow to $109.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to smart infrastructure, shift towards decentralized water systems, resilience against cyber threats, private sector investments, regulatory evolutions. Major trends in the forecast period include remote inspection technologies, modular infrastructure, hybrid infrastructure approaches, resilience certification, energy harvesting technologies.
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Segmentation & Regional Insights
The water infrastructure repair technologies market covered in this report is segmented –
1) By Product: Flanges, Valves, Fittings, Pipes And Connectors, Couplings
2) By Repair Technology: Remote Assessment And Monitoring, Open And Cut-Pipe Repair, Spot Assessment And Repair, Trenchless Pipe Repair
3) By Application: Drinking Water Distribution, Wastewater Collection
North America was the largest region in the water infrastructure repair technologies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the water infrastructure repair technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The ageing water infrastructure is driving the water infrastructure repair technologies market. Aging water infrastructure refers to the development of any water resources, storage, irrigation, or federal agency project that is older than 75 years. These ageing water infrastructures leak billions of gallons of potable water each year. To prevent water shortages in the future, water utilities constantly need to update and improve their systems. Water infrastructure repair technologies are employed and used for inspection, tracking critical faults, and maintaining critical pipeline infrastructure. For instance, according to the report card for America’s infrastructure 2021, there are 2.2 million miles of water pipes that are ageing in American water systems, and the US incurs a loss of 6 billion gallons of treated water every day due to water main breaks every two minutes. Thus, ageing water infrastructure is driving the water infrastructure repair technologies market.
Key Industry Players
Major companies operating in the water infrastructure repair technologies market report are Veolia Water Technologies & Solutions, 3M Company, Suez SA, Core & Main Inc., Xylem Inc., Pentair plc, IDEX Corporation, Kurita Water Industries Ltd., Uponor Corporation, Mueller Water Products Inc., Aegion Corporation, Thermax Ltd., Layne Christensen Company, Badger Meter Inc., Avanti International Acquisitions Inc, VA Tech Wabag Ltd., Aquatech International Corporation, GE Water & Process Technologies, Applied Felts Inc., AGRU America Inc., Innovyze Inc., Hawle Valves India Pvt Ltd., American Leak Detection Holding Corp, Brandenburger Liner GmbH & Co KG, Advanced Trenchless Inc., Primayer Limited, Electro Scan Inc., Infrastructure Repair Systems Inc., Atlantis D-Raintank LLC, Aqua Innovative Solutions Pvt Ltd., UEM India Pvt Ltd., Voltas Limited
The water infrastructure repair technologies market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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