Global Water Infrastructure Repair Technologies Market Overview:
Water infrastructure repair technologies include solutions and products to assist inspecting water pipelines, identify faults and repairing necessities, and provide solutions. As utilities throughout the globe move toward smarter ways of managing water supply and billing, water infrastructure repair technologies have had to keep pace. There are several opportunities for new industries to enter market and claim profits due to need for these technologies around the world. Global Water Infrastructure Repair Technologies Market reached USD 68.8 billion in 2016 and should reach USD 92.3 billion in 2021, with a compound annual growth rate (CAGR) of 6.1% through 2021.
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Drivers and Restraints:
Global Water Infrastructure Repair Technologies Market is predicted to grow in forecasted period owing to supporting factors such as outdated water supply systems that needs to be upgraded and repaired, need for innovative ways of water supply and billing all over globe, technological advancements in water infrastructure repair technologies, and need for monitoring and renovation of obsolete technologies. Also, factors such as increasing disposable incomes and per capita incomes of some countries are supporting the market growth.
Global Water Infrastructure Repair Technologies Market primarily segmented into Europe, North America, Latin America, Middle East & Africa and Asia Pacific regions. Currently, North America region is leading the Global Water Infrastructure Repair Technologies Market. Europe and Asia Pacific regions following North America region in terms of market share. Asia Pacific region is predicted grow at faster pace with highest CAGR in forecasted period owing to factors like technological advancements in the region, and presence of economically evolving economies such as China and India.
Key Players in Global Water Infrastructure Repair Technologies Market:
Major companies in Global Water Infrastructure Repair Technologies Market include Ferro Monk Systems Ltd, Ferratex Inc., EEG Ltd., Ecoliner Inc., Dalco Services Inc., Craftsman Pipe Lining Inc., Contech Engineered Solutions LLC, Brandenburger Liner GmbH & Co. KG. Aries Industries Inc., Atlantis Plumbing, Applied Felts Inc., Amex GmbH, Agru Kunstofftechnik GmbH, Affordable Trenchless & Pipe Lining, Aegion Corp., Advanced Trenchless Inc., Action Products Marketing Corp., and 3M Company.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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