Increased Development of Standards and Codes for Water and Wastewater Treatment Triggering Growth in the Global Mobile Water Treatment Market: Technavio Report

Renewable energy

 

London, 10 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Mobile Water Treatment Market 2014-2018, which is expected to grow at a CAGR of 11.27 percent during the forecast period of 2014-2019.

Demand for mobile water treatment systems is expected to increase at a high rate in the APAC region because of increased awareness of water pollution in developing nations such as China and India.

“The governments of various countries are developing standards and codes for water and wastewater treatment,” says Faisal Ghaus, Vice President of TechNavio.

“Various organizations engaged in the development of codes and standards for wastewater and mobile water treatment within the Americas include the American Concrete Institute, the American Society for Testing and Materials, the American National Standards Institute, the California Building Standards Code, the California State Environment Protection Agency, and the American Water Works Association.”

Key Market Drivers

  • Increased Water Contamination
  • Lack of Freshwater Resources
  • Increased Regulation

Key Market Trends

  • Increased Need for Potable and Clean Water in Developing Countries
  • Increased Development of Standards and Codes for Water and Wastewater Treatment
  • Imbalance in Water Demand and Supply

Key Market Vendors

  • Degremont
  • Evoqua Water Technologies
  • GE Water and Process Technologies
  • Veolia Environnement SA

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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