TechNavio recognizes the following companies as the key players in the Global Water and Wastewater Treatment Equipment Market: Acciona S.A., Abengoa S.A., GE Infrastructure Water and Process Technologies Inc. and Danfoss A/S.
Commenting on the report, an analyst from TechNavio’s Clean Tech team said: “Increased demand for potable water and a reduction in water supply due to the depleting water resources is expected to drive demand for water treatment equipment in the future. This huge water demand-supply imbalance is expected to drive the need for water desalination in areas where there is an acute shortage of freshwater sources. The demand for fresh and pure water is expected to increase tremendously in the future. Further, the demand for fresh and pure water is forecast to exceed water supply by 50 percent by 2025. To fill the huge gap in demand and supply, it is very important to save water and treat them with chemicals to increase the availability of potable water. This is one of the major trends observed in the Global Water and Wastewater Treatment Equipment market.”
According to the report, the high cost of freshwater is expected to affect the purchasing power of consumers. Moreover, the depleting freshwater resources around the globe is driving the need for new water sources to cater to the requirements of the increasing population. Various cities in the UK will witness a hike in water tariffs during 2013-2014. This in turn is increasing the need for wastewater treatment, thus propelling the growth of the market.
Further, the report states that one of the major challenges in this market is the lack of proper infrastructure. The lack of infrastructure could lead to leakages, which in turn affects the distribution and supply of water. Moreover, the market is faced with capacity constraints to store adequate amount of water. Building new infrastructure or upgrading the existing infrastructure will reduce the negative impact of this challenge to a certain extent.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-water-and-wastewater-treatment-e…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/clean-technology
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Water and Wastewater Treatment Equipment Market 2012-2016
