Ageing Water and Wastewater Networks Create Strong Revenue Opportunities, says Frost & Sullivan
Market to almost double by 2020 - Complimentary briefing with Frost & Sullivan water experts and Schneider Electric
LONDON, May 14, 2015 /PRNewswire/ -- The global water and wastewater network market is growing steadily due to increasing connectivity and rehabilitation needs. With rising urbanisation and a large quantum of capital investment needed to implement projects, market participants are rolling out innovative solutions and are depending on new financing methods to develop the existing network infrastructure.
New analysis from Frost & Sullivan, CEO 360 Degree Perspective on Global Water and Wastewater Networks, finds that the market earned revenues of $89.86 billion in 2014 and estimates this to reach $156.04 billion in 2020. The study covers the segments of analytics and software, automation and ICT, meters, pumps, pipes and allied pipe network services, and design and engineering services.
The results of this analysis will be presented during an online conference that will take place on Wednesday 20 May, 3 pm BST. Frost & Sullivan Vice President Fredrick Royan and Research Analyst R Ramkumar will be joined by Dr Lukas Loeffler, President, Schneider Electric. To register please send an email to [email protected].
For complimentary access to more information on this research, please visit: http://owl.li/MwHCp.
Currently, less than 60 percent of the world has pipe water connectivity and about 65 percent has access to proper sanitation. A cumulative investment of $0.75 trillion is expected to be made by 2020 to establish and maintain water and wastewater networks, taking access to pipe water and improved sanitation figures up to 70 and 75 percent respectively.
"Most challenges facing utilities such as the lack of financing infrastructure, non-revenue water losses, and pipe blockages have their root cause in ageing infrastructure," explained Frost & Sullivan Energy & Environmental Research Analyst R Ramkumar. "With more than half of the world's networks nearing the end of its useful life, systematic replacement and rehabilitation activities will account for the bulk of opportunities in the market."
Strong revenue potential exists for market participants. Both developed and developing regions will be lucrative markets, with the former likely to move towards smart systems while the latter leapfrogs to smart networks.
Smart systems, automation and control, and trenchless technologies will address the requirements of a large segment of the global market and outpace the growth of other network components. Therefore, water and wastewater network infrastructure providers should focus on providing these products at an affordable price to attract cash-strapped utilities.
"These market trends, along with the need for value-added services and integrated water management solutions, will drive market participants to acquire cross-functional capabilities and capitalise on industry convergence," noted Ramkumar. "Many market participants will continue to turn to acquisitions to better equip themselves to meet customer expectations. Participants engaging in public-private partnership will collectively contribute to the betterment of the water systems"
CEO 360 Degree Perspective on Global Water and Wastewater Networks is part of the Environment & Water (http://www.environmental.frost.com) Growth Partnership Service programme. Frost & Sullivan's related studies include: Is De-centralisation the Future of Wastewater Treatment Systems?, North America Tertiary and Advanced Wastewater Treatment Equipment Market, Global Industrial Waste Management Services Market, and Global Residential and Light Commercial Water Treatment Equipment Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
CEO 360 Degree Perspective on Global Water and Wastewater Networks
MAB1-15
Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: [email protected]
SOURCE Frost & Sullivan
Share this article