Latest News- Municipal Water And Wastewater Treatment Equipment Market: Wastewater treatment is expected to lead the Application segment during 2024-2028

The Municipal Water And Wastewater Treatment Equipment Market is being driven by Growing demand for reclaimed water

The Municipal Water And Wastewater Treatment Equipment Market is expected to grow at a CAGR of 5.34% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 12.30 billion. In the municipal water and wastewater treatment sector, the adoption of advanced technologies is a key driver fueling market growth. With increasing water scarcity issues and the expansion of residential areas, there is a growing demand for technologies capable of processing and recycling water from various sources for drinking and domestic use. Membrane technologies, such as high-pressure and low-pressure membranes, as well as UV irradiation technology, have gained significant traction over the last three decades due to their continuous improvement and affordability. These technologies address the global population's increasing demand for water solutions that cater to the evolving needs of municipalities. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Wastewater treatment
  • Water treatment
• Geography
  • APAC
    • China
  • North America
    • US
  • Europe
    • Germany
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for reclaimed water
• Increasing interest in decentralized water and wastewater treatment systems
• Emphasis on monitoring quality of municipal water and wastewater

However, the market also witnesses some limitations, which are as follows:

• Need for water and wastewater treatment infrastructure
• Production of sludge and hazardous chemicals
• Impact of hard water on water treatment equipment

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Market Scope in Municipal Water And Wastewater Treatment Equipment Market Research Report

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Research Analysis Overview

The Municipal Water and Wastewater Treatment Equipment Market encompasses solutions that address various water quality standards and wastewater discharge permits. Key offerings include water treatment chemicals, Membrane Bioreactors (MBR), and technologies for managing wet weather flow. Emphasis is placed on water security and supply resilience, with circular economy and green infrastructure approaches, such as stormwater runoff management and non-revenue water reduction, gaining prominence. Public-private partnerships (PPP), financing models, and affordability are crucial elements, as are water reuse regulations, water footprint reduction, and industrial/agricultural wastewater treatment. Urban water management, water stress mitigation, and water conservation technologies are also prioritized, along with green building standards, low-impact development (LID), sustainable wastewater treatment, renewable energy integration, smart cities, water infrastructure modernization, and rehabilitation. Advanced process control, optimization, data visualization, and water quality modeling are essential components for efficient operations, while remote monitoring and data-driven approaches ensure asset management and regulatory compliance.

Market Research Overview

The Municipal Water and Wastewater Treatment Equipment market is a significant segment of the larger Global Industrial Machinery and Supplies and Components Market. This market encompasses companies specializing in the production of equipment for Municipal Water and Wastewater Treatment Plants, including Water Filtration systems. The market size is determined by the consolidated revenue generated by manufacturers of machinery and components utilized in this specific sector. Key growth drivers for the Industrial Machinery, Supplies and Components Market include expanding industrial production in process and discrete industries, leading to increased capacity in sectors such as Energy, Chemicals and Petrochemicals, Pulp and Paper, and Processed Food and Beverages, particularly in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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