Sewer Cable Market Growing at 5.1% CAGR to 2028

According to our latest market study on "Sewer Cable Market Forecast to 2028 - COVID-19 Impact, and Global Analysis - the market was valued US$ 66.18 million in 2020 and is expected to reach US$ 97.72 million by 2028 with a CAGR growth rate of 5.1% during 2021-2028.

The sewer and drain industry in North America are growing due to the increased urbanization and construction activities. There is a tremendous demand for sewer cables in the region as sewer cleaning service providers and individuals are well aware of technology. The limited entry barrier and low CAPEX for manufacturing of the sewer cables is showcasing growth in number of sewer cable manufacturers in the North American region. The continuous rise in number of manufacturers with product offerings at competitive prices is one of the crucial parameters behind the growth of the sewer cable market in the region.

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Sewer Cable Market - Company Profiles

General Wire Spring Co.
Hongli Pipe Machinery (MAMBACLEANING)
Sewer Cable Equipment Company
Coast Manufacturing
Duracable Manufacturing Co.
Electric Eel Manufacturing Co.
RIDGID
Spartan Tool
Trojan Worldwide Inc.
Gorlitz Sewer & Drain, Inc.
The Milwaukee Electric Tool Corporation
MyTana LLC
Wymefa B.V.
REMS GmbH & Co KG
Ken-way.com
Picote Solutions
Cabere GmbH
Draincables Direct (DCD)

The European region also houses a number of sewer cable manufacturers. The concentration of sewer cable manufacturers is majorly in Germany, the UK, and the Netherlands. These manufacturers supply their sewer cable models to wide variety of customers ranging from residential customers, commercial building customers, and municipalities. Some of the key manufacturers in the region include; Wymefa B.V. (Netherlands), REMS GmbH & Co KG (Germany)), Cabere GmbH (Germany), Lehmann GmbH & Co. KG (Germany) and Ferguson Plc (UK). The European consistently emphasize on the sewage systems (irrespective of residential, commercial, and municipal) and owing to this, the requirement for sewer machines is all-time high in the region, which enables the sewer cable manufacturers to develop robust cables and market their products easily. This boosts the sewer cable market in the region.

On the other hand, the APAC region is anticipated to be the fastest-growing region during the forecast period. The growing populations and rising demand for utility services in countries, such as China, India, and Japan, are among the factors driving the market growth. China led the sewer cable market in the region in 2020, followed by Japan and South Korea.

The latest research report on the "Sewer Cable Market - Industry Analysis, Market Size, Opportunities and Forecast, 2021 - 2028" provides a comprehensive assessment of the Sewer Cable market for the forecast period from 2021 to 2028. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Sewer Cable market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Sewer Cable Market in order to help decision makers with various strategic insights and future outlook. The Sewer Cable market is expected to witness continued growth during the forecast period from 2021 to 2028.

This is a professional and in-depth study on the current state of the Sewer Cable Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Sewer Cable Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

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The growth of the sewer cable market is majorly attributed to the increasing use of machines in sewage cleaning operations. The sewer cable manufacturers are witnessing substantial pressure from the sewer machine manufacturers to supply cables in higher volumes, which facilitates the machine manufacturers to meet the rising demand for the machines. Pertaining to match the demands of the sewer machine manufacturers, the drain cable manufacturers are upscaling their production lines, thereby increasing the sales volumes. This is catalyzing the sewer cable market in the recent years. Apart from supplying adequate volumes of cables, the sewer cable market players are introducing advanced cables, which is attracting the sewer machine manufacturers and supporting the sewer cable market growth. For instance, in August 2017, PIPE LINING SUPPLY company introduced a new ultra-high-speed drain cleaning cable for sewer cleaning operation. A new ultra-high-speed drain cleaning cable can be spin up to 4,000 rpms in either direction. This new cable design enabling customers to spin the drain cleaning cable in both directions without damaging it. Such development in the product offering is augmenting the market growth.

Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Sewer Cable Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The report segments the global Sewer Cable Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Sewer Cable Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading Sewer Cable Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Sewer Cable market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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