About Drinking Water Pipe Repair
Drinking Water Pipe Repair is monitoring and repairing service of drinking water pipelines. Repairing of water pipes plays an important role to stop the wastage or leakage of drinking water. The rapid development of smart cities and growing infrastructural activities across the globe due to urbanization has increased the huge demand for drinking water pipe services to monitor, spot assessment, and repair broken or leakage pipes. However, the increasing installation of underground water pipes will increase the demand of trenchless pipe repairing in nearer future.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Drinking Water Pipe Repair market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mueller Water Products (United States), Advantage Reline (United States), Vortex Companies (United States), Specialized Pipe Technologies (United States), Atlantis Plumbing (United States), AGRU (Austria), Aegion Corporation (United States), The Kurita Group (Japan), Nuflow (Australia) and Accurate Leak and Line (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Advanced Trenchless (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Drinking Water Pipe Repair market by , Application (Residential, Commercial, Municipal and Other) and Region.
On the basis of geography, the market of Drinking Water Pipe Repair has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Remote Assessment & Monitoring will boost the Drinking Water Pipe Repair market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method, the sub-segment i.e. Cured-in-place pipe (CIPP) will boost the Drinking Water Pipe Repair market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of New Technology and Advanced Repair Solution by the Service Providers
Market Growth Drivers:
Increasing Demand of Remote Assessment, Monitoring, Maintenance of Drinking Water Pipeline to Reduce Leakage and Waste of Drinking Water and Government Initiatives towards the Repairing of Old Water Pipes
Challenges:
High-Cost Associated With Underground Water Pipe May Hamper the Market Growth
Restraints:
Replacement of Drinking Water Pipes Instead of Repairing
Opportunities:
High Adoption of Drinking Water Pipe Repair Services by Colder Countries
Market Leaders and their expansionary development strategies
In January 2023, EPA announced a major new initiative to accelerate progress toward the Biden-Harris Administration’s goal of achieving 100% lead service line removal and replacement. The “Lead Service Line Replacement Accelerators” initiative has introduced during a White House convening with Vice President Kamala Harris and EPA Administrator Michael S. Regan, alongside state and local leaders celebrating the one-year anniversary of the Lead Pipe and Paint Action Plan.
In December 2023, The Brihanmumbai Municipal Corporation (BMC) took 50 hours to repair a burst water pipeline in Mumbai, which caused low water pressure and intermittent cuts in several areas. The pipeline was damaged during drilling work for a metro project, and the BMC plans to recover the cost of repairs from the contractor.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Drinking Water Pipe Repair Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.