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Steady Expansion Forecast for Water Infrastructure Repair Technologies Market, Projected to Reach $116.75 Billion by 2029
Water Infrastructure Repair Technologies
Water Infrastructure Repair Technologies Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for water infrastructure repair technologies has seen significant growth lately. It's expected to expand from $80 billion in 2024 to a significant $85.96 billion in 2025 registering a compound annual growth rate (CAGR) of 7.5%. Factors like old infrastructure, urbanization, environmental issues, lack of water and natural disasters have contributed to the growth during the historic period.
Water Infrastructure Repair Technologies Market Size Forecast: What's the Projected Valuation by 2029?
The market for water infrastructure repair technologies is set to witness significant expansion in the coming years, reaching a value of $116.75 billion in 2029, with a compound annual growth rate (CAGR) of 8.0%. The anticipated growth during the forecast period can be associated with the advent of smart infrastructure, a shift towards decentralized water systems, strengthened defenses against cyber threats, increased private sector investments, and evolving regulations. Key trends that are expected to shape the market in the forecast period include advancements in remote inspection technologies, the rise of modular infrastructure, hybrid infrastructure strategies, resilience certification, and the development of energy harvesting technologies.
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What Are the Drivers Transforming the Water Infrastructure Repair Technologies Market?
The water infrastructure repair technologies market is being propelled by the ageing water infrastructure. The term "aging water infrastructure" pertains to any project related to water resources, storage, irrigation, or federal agencies that have been in operation for more than 75 years. These ageing infrastructures annually lose billions of gallons of treated water due to leakage. To avert future water scarcity, it is a continual requirement for water utilities to refurbish and enhance their systems. Water infrastructure repair technologies have crucial importance in assessing, identifying serious defects, and sustaining key pipeline infrastructure. For instance, Materials Performance Magazine, a publication based in the US, noted in July 2024 that a remarkable 33% of water mains, which is around 770,000 miles (1.2 million km) of piping, are more than half a century old. In 2023, this percentage was the same. Consequently, the increasing age of water infrastructures propels the water infrastructure repair technologies market.
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What Long-Term Trends Will Define the Future of the Water Infrastructure Repair Technologies Market?
The introduction of cutting-edge water technologies is a leading trend that is gaining traction in the water infrastructure repair technologies industry. Prominent companies in the market are offering inventive water technologies, like fast installation products. For example, NORMA Group, a machinery industry firm based in Germany, introduced the NORMA MARLIN PN16 in March 2022. This product, featuring QuickTight technology, can be tightened, decreasing customer installation time by approximately 50%. With a unique lip gasket, customers can connect two water lines. This product, NORMA MARLIN PN16, is a compression fitting utilized for potable water installations, irrigation, sanitary systems, and more.
Which Segments in the Water Infrastructure Repair Technologies Market Offer the Most Profit Potential?
The water infrastructure repair technologiesmarket covered in this report is segmented -
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
Subsegments:
1) By Flanges: Weld Neck Flanges, Slip-On Flanges, Blind Flanges, Threaded Flanges
2) By Valves: Gate Valves, Ball Valves, Check Valves, Butterfly Valves
3) By Fittings: Elbows, Tees, Reducers, Caps
4) By Pipes And Connectors: PVC Pipes, HDPE Pipes, Ductile Iron Pipes, Pipe Connectors
5) By Couplings: Mechanical Couplings, Flexible Couplings, Compression Couplings
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Which Firms Dominate the Water Infrastructure Repair Technologies Market by Market Share and Revenue in 2025?
Major companies operating in the water infrastructure repair technologies 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., Aquatech International Corporation, GE Water & Process Technologies, AGRU America Inc., Innovyze Inc., Hawle Valves India Pvt Ltd., American Leak Detection Holding Corp, Brandenburger Liner GmbH & Co KG, Advanced Trenchless Inc., Primayer Limited, Electro Scan Inc., Infrastructure Repair Systems Inc., Atlantis D-Raintank LLC, Aqua Innovative Solutions Pvt Ltd., UEM India Pvt Ltd., Voltas Limited
Which Regions Offer the Highest Growth Potential in the Water Infrastructure Repair Technologies Market?
North America was the largest region in the water infrastructure repair technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the water infrastructure repair technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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