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Water Infrastructure Repair Technologies Market: Dimension, Growth Drivers, Market Trends and Projected CAGR for 2024-2025
Focused Growth in Aging Infrastructure and Urbanization Fuels the Expansion of the Global Water Infrastructure Repair Technologies MarketWhat Is The Projected Market Size Of The Global Water Infrastructure Repair Technologies Market And Its Growth Rate?
The Water Infrastructure Repair Technologies market has been exhibiting consistent growth in recent years.
• It grew from $80 billion in 2024 to $86.53 billion in 2025 (8.2% CAGR) owing to aging infrastructure, urbanization, environmental concerns, water scarcity, and natural disasters.
• In the upcoming years, the market size is expected to escalate robustly to $118.22 billion in 2029 (8.1% CAGR).
• The growth can be majorly attributed to trends like smart infrastructure, shift towards decentralized water systems, resilience against cyber threats, private sector investments, and regulatory evolutions.
What Is Driving The Growth In The Water Infrastructure Repair Technologies Market?
The driving force behind the market growth of Water Infrastructure Repair Technologies is the ageing water infrastructure. Water utilities need to constantly update their systems to prevent water shortages in the future due to the leakage of billions of gallons of water each year from ageing water infrastructures. Innovations in repair technologies are deployed to track critical faults, and maintain important pipeline infrastructures. As an example, a US-based publication, Materials Performance Magazine, reported in July 2024 that about 33% of water mains, amounting to approximately 770,000 miles (1.2 million km) of piping, are more than 50 years old.
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Who Are the Key Players Driving Water Infrastructure Repair Technologies Market Growth?
Key players in the market include:
•Veolia Water Technologies & Solutions
•3M Company
•Suez SA
•Core & Main Inc.
•Xylem Inc.
•Pentair plc
•IDEX Corporation
•Kurita Water Industries Ltd.
•Uponor Corporation
•Mueller Water Products Inc.
•Aegion Corporation
•Thermax Ltd.
•Layne Christensen Company
•Badger Meter Inc
•VA Tech Wabag Ltd.
What Are The Key Trends In The Water Infrastructure Repair Technologies Market?
Key trends in the forecast period include:
•Remote inspection technologies
•Modular infrastructure
•Hybrid infrastructure approaches
•Resilience certification
•Energy harvesting technologies
What Are The Segments Of The Global Water Infrastructure Repair Technologies Market?
The market report covers the following 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
Which Region Leads The Water Infrastructure Repair Technologies Market?
In 2024, North America was the largest region in the Water Infrastructure Repair Technologies market. Asia-Pacific is projected to be the fastest-growing region in the forecast period. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Water Infrastructure Repair Technologies Global Market Report?
- Market Size Analysis: Analyze the Water Infrastructure Repair Technologies Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Water Infrastructure Repair Technologies Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Water Infrastructure Repair Technologies Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Water Infrastructure Repair Technologies Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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