Approximately one billion people lack access to reliable water supply and sanitation; massive investment is needed to expand or replace antiquat...

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Approximately one billion people lack access to reliable water supply and sanitation; massive investment is needed to expand or replace antiquated or inadequate water delivery systems.Water infrastructure equipment is used to supply water, wastewater, and many more in a plant. There are many types of equipment which is installed in a plant namely: pipe, valves, pumps, meters, and other to serve water-handling functions for conveyance, storage, treatment, energy conversion, and control. Some of the primary drivers of the water infrastructure equipment market are high R&D investments by the market player in manufacturing infrastructure equipment to enhance the overall performance for large volume applications.The capital intensive, expensive equipment are the factors which may hamper the water infrastructure equipment market. However, the mounting demand for clean and safe drinking water as well as declining freshwater resources are creating opportunities which will increase the demand for water infrastructure equipment market in the forecast period. World demand to increase 6.5% yearly through 2016World demand for water infrastructure equipment is projected to increase 6.5 percent per year to $101.7 billion in 2016. Advances will result from two key factors: in developing nations, access to water supply and sanitation will be increased; in developed nations, aging water infrastructure will need repair and upgrade. For example, many current water systems across the world have pipelines over 50 years old, leading to increased main breaks. These trends will benefit water infrastructure demand for all major products such as pipe, pumps, valves, and meters.Approximately one billion people lack access to reliable water supply and sanitation; massive investment is needed to expand or replace antiquated or inadequate water delivery systems.World demand to increase 6.5% yearly through 2016World demand for water infrastructure equipment is projected to increase 6.5 percent per year to $101.7 billion in 2016. Advances will result from two key factors: in developing nations, access to water supply and sanitation will be increased; in developed nations, aging water infrastructure will need repair and upgrade. For example, many current water systems across the world have pipelines over 50 years old, leading to increased main breaks. These trends will benefit water infrastructure demand for all major products such as pipe, pumps, valves, and meters.Water supply expansion to drive gains in less developed areasIn less developed nations, gains in water infrastructure equipment demand will be prompted by expansion of water supply services, access to which in many countries remains considerably low. In the least developed parts of Asia and Africa, market gains will continue, but even a robust level of growth will leave several hundred million people without access to safe water or even minimal sanitation facilities. Water infrastructure construction in developing nations has been hampered by a lack of funding. However, government and nongovernmental organizations are increasing their focus on the issue of water management, which will provide opportunities for equipment suppliers.Upgrades and repairs to define developed marketsIn most developed markets -- particularly the US -- gains will result from efforts to upgrade and repair aging sewer and water pipe networks. In addition, rising regulatory standards will also boost water infrastructure spending. However, funding will continue to be the key issue facing the industry. Governments, faced with budgetary limits, have historically neglected water infrastructure in favor of higher profile projects. Water users in many nations are faced with rising fees, which will likely continue to rise.Plastic pipe, meters to post solid gainsAmong products, plastic pipe will post strong gains through 2016, continuing to steadily take market share from other pipe materials. Rising demand for plastic pipe will be driven by its low cost compared to metal or concrete. Meters -- particularly smart meters -- will post solid gains due to suppliers’ attempts to reduce operational costs and leakage. Replacement demand for pumps and valves will benefit from the wear experienced during the continual operation of water systems.This study analyzes the $74.2 billion world water supply equipment industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product (e.g., pipe, pumps, valves, meters), application (supply water, wastewater), world region and for 22 major countries. Download your's PDF brochure >>https://www.theinsightpartners.com/sample/TIPRE00002899/

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