The global Industrial Water Service market gathered revenue around USD 60.2 Billion in 2020 and market is set to grow USD 115.2 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 5.0% during the prediction period 2021 to 2027.
Report Coverage
Report Highlights | Details |
Market Size | USD 115.2 Billion by 2027 |
Growth Rate | CAGR of 5.0% From 2021 to 2027 |
Base Year | 2020 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2027 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Service Type, End User and region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | Salher,Dober, Veolia Environment, American Water ,Ecolab, PARKER HANNIFIN CORP,Pentair,Evoqua Water Technologies LLC,Suez Environnement S.A,United Utilities Group PLC,Xylem, Inc.,Danaher Corporation,DuPont,Toshiba Corporation,Hitachi, Ltd. |
The growth of this market is mainly attributed to rapid population growth & urbanization, rising industrialization, growing emphasis on water quality & public health, and increasing prevalence of waterborne diseases. Additionally, the growing demand for energy-efficient and advanced water treatment technologies is expected to provide significant growth opportunities for industrial wastewater treatment system providers in the coming years.
However, the high installation, maintenance, and operational costs are expected to hinder the growth of this market to a certain extent. The aging of existing water infrastructure is also one of the major challenges for the growth of the industrial wastewater treatment market.
Industrial development across the globe due to rising demand for products and services is enhancing the effectiveness of water management systems. These systems are widely accepted and utilized across prominent industries such as oil & gas, food & beverages, pharmaceuticals, etc. These systems determine the amount of water that can be used and reused in various industrial applications. The need for these industries to operate uninterruptedly has increased the demand for such efficient water management systems.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Industrial Water Service market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Industrial Water Service market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Industrial Water Service market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.Competitive Rivalry
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Some of the prominent players in the Industrial Water Service Market include: Salher,Dober, Veolia Environment, American Water ,Ecolab, PARKER HANNIFIN CORP,Pentair,Evoqua Water Technologies LLC,Suez Environnement S.A,United Utilities Group PLC,Xylem, Inc.,Danaher Corporation,DuPont,Toshiba Corporation,Hitachi, Ltd., among others
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Industrial Water Service Market Segmentation
Industrial Water Service Market by Service Type
Industrial Water Service Market by End User
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Industrial Water Service market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Industrial Water Service market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Industrial Water Service markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Industrial Water Service market Study: