Global Municipal Water & Wastewater Treatment Equipment Market 2019-2023 | Regulations Associated with Water Treatment to Boo...
December 13 2018 - 12:14PM
Business Wire
Technavio analysts forecast the global municipal water
and wastewater treatment equipment market to grow at a CAGR of
close to 5% during the forecast period, according to their latest
market research report.
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Technavio has released a new market
research report on the global municipal water and wastewater
treatment equipment market for the period 2019-2023. (Graphic:
Business Wire)
Introduction of hybrid desalination plants is one of the major
trends being witnessed in the global municipal water and
wastewater treatment equipment market 2019-2023. The hybrid
desalination system consists of a combination of two or more
technologies. thereby providing better environmental-friendly
results. In addition, it is cost-effective when compared with the
stand-alone projects. In May 2011, Fujairah 2, one of the parts of
the GCC region, had installed a hybrid desalination project. It is
one of the largest hybrid desalination plants across the globe.
Therefore, these types of developments will reduce the hazardous
impacts on the environment at a considerable rate, which, in turn,
will make a major impact on market growth.
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before
purchasing
According to Technavio analysts, one of the key factors
contributing to the growth of the global municipal water and
wastewater treatment equipment market is the regulations associated
with water treatment:
Global municipal water and wastewater
treatment equipment market: Regulations associated with water
treatment
Government bodies across the world are focusing on the use of
reclaimed water. The recycled water has various advantages such as
it can be used for cleaning purposes and can be attached to the
fire hydrants. The water treatment has become one of the priorities
of various governments owing to the water scarcity and growing
requirements of water. Environmental organizations such as the
Environmental Protection Agency (EPA) have also taken initiatives
to recycle and reuse water, as well as to treat water for drinking
purposes. Thus, such regulations will further encourage the
treatment of water in municipalities: thereby, driving the growth
of the global municipal water and wastewater treatment equipment
market.
According to a senior analyst at Technavio
for research on water and waste management, “Apart from the
regulations associated with water treatment, factors such as the
supply-demand gap of water, and the growing demand for reclaimed
water are expected to fuel the growth of the global municipal water
and wastewater treatment equipment market during the forecast
period.”
Global municipal water and wastewater
treatment equipment market: Segmentation analysis
The global municipal water and wastewater treatment equipment
market research report provide market segmentation by application
(wastewater treatment and water treatment) and by region (the
Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.
The APAC region held the largest share of the market in 2018,
accounting for close to 50% share, followed by the Americas and
EMEA respectively. The APAC region will continue to dominate the
market with the highest incremental growth during the forecast
period.
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Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 844 364 1100UK: +44 203 893 3200www.technavio.com