Study: U.S. wastewater treatment equipment markets to reach $1.3 billion
Novel treatment processes have revolutionized wastewater treatment serving industrial and municipal markets. Population growth, tighter regulations, increasing costs of clean water and awareness regarding clean water source protection needs are causes for the increased demand for wastewater treatment equipment. New analysis from Frost & Sullivan, "U.S. Wastewater Treatment Equipment Markets," reveals revenue totaled $774.4 million in 2004 and estimates it to reach $1.3 billion by 2011...
SAN ANTONIO, TX, July 15, 2005 -- Novel treatment processes have revolutionized wastewater treatment, serving both industrial and municipal markets. Population growth, tighter regulations, increasing costs of clean water and awareness regarding protection of the remaining clean water sources, are causes for the increased demand for wastewater treatment equipment.
New analysis from Frost & Sullivan, "U.S. Wastewater Treatment Equipment Markets," reveals that revenue in this industry totaled $774.4 million in 2004 and estimates it to reach $1.3 billion by 2011.
The rising costs of water, which is a direct effect of the current water shortage, coupled with a booming population and tighter environmental regulations offers good market opportunities for existing and emerging players in wastewater treatment. This market is driven by the strong need for wastewater reuse.
Successful companies provide greater value-added products: It could be through higher automation, which lowers the need for manual operation and supervision by presenting flexible solutions for operation at different stages, or by offering dual or multi-utility ability.
Incorporating UV disinfection treatment devices with advanced clarification process equipment
This system can sort out the vital issue of bacterial contamination and is flexible enough to be used in both water and wastewater treatment fields.
Focus on various factors that can affect their standing in the market: In emerging markets, it is crucial that participants establish strategic partnerships to strengthen their competitive positions.
These collaborative ventures will also help them increase market access and notably enhance their expertise to facilitate market expansion by more effectively tapping its potential.
"As outsourcing gains popularity due to the increasing stress on regulatory compliance, high-end services will need greater capital investments in both water and wastewater treatment facilities, thereby boosting the equipment market," says Frost & Sullivan senior industry analyst Sunitha Mysore Gopal.
The "U.S. Wastewater Treatment Equipment Markets" study examines the status of the U.S. wastewater treatment equipment market with a focus on its benefits, challenges, and future trends. It segments the market into equipment for clarification, aeration, disinfection, and advanced wastewater treatment. This research enables companies to align their positioning strategies to benefit from the changing markets and obtain maximum return on investment.
Frost & Sullivan (www.frost.com or www.water.frost.com), a global growth consulting company, has been partnering with clients to support the development of innovative strategies for over 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. It serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community, by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.