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 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 13045.9 million. In the municipal water and wastewater treatment sector, the adoption of advanced technologies is a significant driver fueling market growth. With increasing water scarcity issues and the development of residential areas, there is a growing demand for technologies capable of processing and recycling water from various resources for drinking and domestic use. Membrane technologies, such as high-pressure and low-pressure membranes, as well as UV irradiation technology, have gained popularity due to their affordability and continuous improvement over the last three decades. These technologies are essential for municipalities to address the rising global population's water needs and ensure the delivery of clean and safe water.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
243 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
Market growth 2025-2029 |
USD 13045.9 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.9 |
Key countries |
US, China, Germany, Russia, Australia, Japan, Canada, India, UK, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Municipal Water and Wastewater Treatment Equipment Market encompasses solutions that address various water quality issues, adhering to Water Quality Standards and Wastewater Discharge Permits. It includes Water Treatment Chemicals, Membrane Bioreactors (MBR), and technologies for managing Wet Weather Flow. The market caters to ensuring Water Security and Water Supply Resilience, aligning with Circular Economy, Green Infrastructure, and Stormwater Runoff management. It addresses Non-Revenue Water, Leak Detection, and Water Audits, as well as Water Management Plans and Public-Private Partnerships (PPP) with diverse Financing Models. The market prioritizes Water Affordability and Water Equity, offering Remote Monitoring, Data-Driven Operations, and Asset Management. It also covers Water Reuse Regulations, Water Footprint, Industrial Wastewater, and Agricultural Wastewater treatment. Urban Water Management, Water Stress, and Water Conservation Technologies are key areas of focus, along with Green Building Standards, Low-Impact Development (LID), Sustainable Wastewater Treatment, Renewable Energy Integration, Smart Cities, Water Infrastructure Modernization, Water Infrastructure Rehabilitation, Advanced Process Control, Process Optimization, Data Visualization, and Water Quality Modeling.
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 manufacturing of equipment for Municipal Water and Wastewater Treatment Plants. The size of the Global Industrial Machinery and Supplies and Components market is determined by Technavio through the combined revenue generated by manufacturers of machinery and components utilized in industrial settings. Key growth drivers for this market include the expanding industrial output in process and discrete industries, leading to increased demand for water and wastewater treatment solutions in developing countries due to the rising demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages. 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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