Water Infrastructure and Repair Technology (WIRT) Market Growth Set to Surge Significantly during 2019 – 2026 | KMB Pipe Rehabilitation Emirates L.L.C., Krausz Ltd., Black & Veatch
“The global water infrastructure repair technology (WIRT) market reached $68.8 billion in 2019 and should reach $92.3 billion in 2019, with a compound annual growth rate (CAGR) of +6% through 2026”.
Globally the maintenance cost of the water infrastructure, is very high. This is one of the major reasons for lack of attention in many countries towards repair and maintenance. In recent years, better technologies are being presented in the repair of water infrastructure, globally.
Rust is the major damaging factor for water pipelines and its related infrastructure. Since the repair and maintenance bills were included in the consumer bills, the infrastructure was thus subjected to huge neglect by the stake owners. A decade ago, the special budget requirement in maintenance of the infrastructure was very low and thus low impetus was stressed upon it. With rising need for sanitation, safe and unadulterated water, special budget for repair and maintenance of water infrastructure was increased.
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Top Key players: KMB Pipe Rehabilitation Emirates L.L.C., Krausz Ltd., Black & Veatch, Action Products Marketing Corp., Aclara Technologies LLC., Advanced Trenchless Inc., Mueller Water Products Inc., Electro Scan Inc., Brandenburger Liner Gmbh & Co. KG, Lanzo Trenchless Technologies, National Liner LLC.
Water Infrastructure and Repair Technology (WIRT) Market Segment by Type:
Water Infrastructure and Repair Technology (WIRT) Market Segment by Application:
- Remote Assessment & Monitoring
- Open & Cut-Pipe Repair
- Spot Assessment & Repair
- Trenchless Pipe Repair
The region Covered In This report:
- Fresh/Potable Water Infrastructure
- Drinking Water Infrastructure
- Waste Water Infrastructure
North America Country (United States, Canada), South America, Asia Country (China, Japan, India, Korea), Europe Country (Germany, UK, France, Italy), Other Country (Middle East, Africa, GCC)
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Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the Global Water Infrastructure and Repair Technology (WIRT) market.
Key questions answered in this report:
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- What will the market size and the growth rate be in the forecast year?
- What are the key factors driving the global Water Infrastructure and Repair Technology (WIRT) market?
- What are the key market trends impacting the growth of the global Water Infrastructure and Repair Technology (WIRT) market?
- What are the challenges to market growth?
- Who are the key vendors in the global Water Infrastructure and Repair Technology (WIRT) market?
- What are the market opportunities and threats faced by the vendors in the global Water Infrastructure and Repair Technology (WIRT) market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA.
- What are the key outcomes of the five forces analysis of the global Water Infrastructure and Repair Technology (WIRT) market?
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