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Water Infrastructure Repair Technologies Market 2023- Market Size, Companies Analysis, Share, Key Players, Growth And Forecast To 2032
Water Infrastructure Repair Technologies Market Analysis
Water Infrastructure Repair Technologies Market Size, Growth Rate, And Forecast
The global water infrastructure repair technologies market size is expected to grow from $69.37 billion in 2022 to $75.31 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The water infrastructure repair technologies market size is expected to grow to $102.82 billion in 2027 at a CAGR of 8.1%.
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Water Infrastructure Repair Technologies Market Drivers
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.
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Water Infrastructure Repair Technologies Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the water infrastructure repair technologies market.
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Water Infrastructure Repair Technologies Market Key Players
Major competitors in the water infrastructure repair technologies market include Hawle, Aegion Corp., 3M, Applied Felts Inc., Advanced Trenchless Inc., Brandenburger Liner GmbH & Co.
The Business Research Company's "Global Water Infrastructure Repair Technologies Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Water Infrastructure Repair Technologies Market Include:
1. Executive Summary
2. Water Infrastructure Repair Technologies Market Characteristics
3. Water Infrastructure Repair Technologies Market Trends And Strategies
4. Water Infrastructure Repair Technologies Market - Macro Economic Scenario
5. Water Infrastructure Repair Technologies Market Size And Growth
.......
26. Africa Water Infrastructure Repair Technologies Market
27. Water Infrastructure Repair Technologies Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Infrastructure Repair Technologies Market
29. Water Infrastructure Repair Technologies Market Future Outlook and Potential Analysis
30. Appendix
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