According to a new market report published by Credence Research “Global Water Infrastructure and Repair Technology (WIRT) Market Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the WIRT market value is expected to reach to US$ 107.8 Bn by 2025.
The purpose of the report is to illustrate the state of the market of Water Infrastructure and Repair Technology, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
Browse here for full report: https://www.credenceresearch.com/report/water-infrastructure-and-repair-technology-wirt-market
The huge water infrastructure networks are now being frequently attended to update/detect any fallacies in the water infrastructure operation. Repair and maintenance of the ageing infrastructure is covered under critical tasks by the government despite its high costs. The repair technology companies often propose composite repair solutions for composite systems for piping and infrastructure repair. All these technologies comply with the industrial standards. These standards include ASME PCC – 2, US DOT 49 CFR (PARTS 192/195), TS/IOS 24817 and NSF/ANSI 61. The growing health hazard awareness and sanitation is a major factor for new technologies being introduced in the WIRT market. Automobile, chemicals, refineries, food processing industries and others are some of the major sectors which affects the natural underground stored water. To minimize the effects of contamination due to above sectors, repair and maintenance of the water infrastructure is carried out more often.
Some of the major factors addressed during repair and maintenance of water infrastructure are: inspection of pipelines and error detection and its optimization during repair and maintenance process. The equipment and technologies employed for water and wastewater treatment facilities have improved tremendously. The WIRT involves groundwater treatment plants, pump station installation, updation/rehab of water treatment plants (municipal and industrial facilities). In most of the regions, local agencies are encouraged to establish a record keeping system to track failures and malfunctions. The system includes database which keeps information on failure diagnosis. This assists to have real-time data on repair numbers and also provides necessary information on planning and policy decisions regarding infrastructure maintenance, replacement, site shifting a few of them amongst others. The state water resources control board, regional water quality control boards, local agencies, communities, private sector, and public sector are the major stakeholders in implementation of WIRT technologies.
Trenchless technologies are gaining more momentum for their credits of being cost effective, less invasive alternative to replace failing underground (onshore and offshore) infrastructure. The spot assessment & repair technology has an advanced technology being introduced. It is known as cured-in-place pipe lining (CIPP) which proves beneficial for replacement of underground structures which are buried deep underground and are relatively old infrastructure.
The key players in the WIRT market are, but not limited to: 3M Company, Aclara Technologies LLC, Action Products Marketing Corp., Advanced Trenchless Inc., Black & Veatch, Brandenburger Liner Gmbh & Co. KG, Brawoliner, EEG Ltd., Electro Scan Inc., KMB Pipe Rehabilitation Emirates L.L.C., Krausz Ltd., Lanzo Trenchless Technologies, Mueller Water Products Inc., and National Liner LLC.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Water Infrastructure and Repair Technology buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Water Infrastructure and Repair Technology contains:
Analysis and forecast of Water Infrastructure and Repair Technology market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Water Infrastructure and Repair Technology market;
Assessment and forecast of Water Infrastructure and Repair Technology market development;
Financial and business profiles of the leading companies in the Water Infrastructure and Repair Technology industry.
– Up to date working Water Infrastructure and Repair Technology data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Water Infrastructure and Repair Technology for the period 2018 to 2026
– Planned Water Infrastructure and Repair Technology additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Water Infrastructure and Repair Technology projects by region, key countries, and companies
– Details of major planned Water Infrastructure and Repair Technology projects in the world up to 2026
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