Drain Cleaning Equipment Markets to 2025 - Global Analysis & Forecasts by Product Type, Power Source, End-use and Sales Channel - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 22, 2018--The “Drain Cleaning Equipment Market to 2025 - Global Analysis and Forecasts by Product Type, Power Source, End-use, and Sales Channel” report has been added to ResearchAndMarkets.com’s offering.The global drain cleaning equipment market accounted for US$ 588.4 million in 2017 and is expected to grow at a CAGR of 5.2% over the forecast period 2018-2025, to account for US$ 876.3 million in 2025.
The demand for drain cleaning equipment is largely influenced by number of factors such as growing construction in Cambodia, Ethiopia, Uzbekistan, India, China, Brazil, Myanmar, and Tanzania which are some of the major developing economies of the world. These developing countries are attracting several FDIs for the improvement of infrastructures.
In addition to this, government authorities are investing significantly to construct proper sewage infrastructure and better wastewater management which is expected to flourish the drain cleaning equipment market.
The drain cleaning equipment market is fragmented with the presence of several providers of grain cleaning related equipment such as jetter, sinking machines and others. The competitive dynamics in the market is expected to change during the upcoming years.
Players in the market have observed an increase in the adoption of better sewage system due to rising awareness among the general people for proper sanitation, as a result government is making proposals to consider sewage infrastructure as a major priority. Since the developed countries had proper drainage system, it also requires reconstruction which will create significant opportunities for the companies to leverage an increasing growing drain cleaning equipment market.
On the basis of product type segment, jetters is anticipated to generate high amount of revenue followed by drum / continuous cable machine. Easy in usage, better safety, and efficient cleaning are the characteristic of jetters which will propel the market of drain cleaning equipment.
However, it sectional machine is projected to have a highest CAGR during the forecast period. Sectional machines are capable to remove all blockages and clear the large sewer sections which further contribute towards growth of drain cleaning equipment market.
Market Dynamics Drivers Growing Construction and Infrastructure Developments in the Developing Economies WorldwideBurgeoning Government Investments in the Wastewater Management and Up Gradation of Sewage InfrastructureRising Awareness Among People Regarding Need for Proper Sewage System Restraints Rising Concern for Sustainable DevelopmentVolatile Raw Material Prices Opportunities Rapidly Growing Population of Various Developing Countries Future Trends Emerging Modern Technologies Such as Automatic Blockage Detection Systems
Key Topics Covered 1. Introduction 2. Key Takeaways 3. Drain Cleaning Equipment Market Landscape 4. Drain Cleaning Equipment Market - Key Industry Dynamics 5. Drain Cleaning Equipment Market - Global Market Analysis 6. Drain Cleaning Equipment Market Revenue and Forecast to 2025 - Product Type 7. Drain Cleaning Equipment Market Revenue and Forecast to 2025 - Power Source 8. Drain Cleaning Equipment Market Revenue and Forecast to 2025 - End-Use 9. Drain Cleaning Equipment Market Revenue and Forecast to 2025 - Sales Channel 10. Drain Cleaning Equipment Market - Geographical Analysis 11. Video Inspection Push Rod and Locator Market, by Regions 12. Company ProfilesAussie PumpsDuracable Manufacturing Co.Electric Eel Manufacturing Co.Flowplant Group Ltd.General Wire Spring Co.Goodway Technologies Corp.Gorlitz Sewer & Drain Inc.Nilfisk ASRidgidSpartan Tool LLC
For more information about this report visit https://www.researchandmarkets.com/research/pjnzg2/drain_cleaning?w=4
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PUB: 11/22/2018 12:39 PM/DISC: 11/22/2018 12:38 PM