Emergency process water demand to boost mobile water treatment market revenues
MOUNTAIN VIEW, CA, Apr. 1, 2011 -- New analysis from Frost & Sullivan on the global mobile water treatment market finds that the industry earned revenues of $425.7 million in 2009 and estimates this to reach $895 million in 2016...
MOUNTAIN VIEW, CA, Apr. 1, 2011 -- New analysis from Frost & Sullivan on the global mobile water treatment market finds that the industry earned revenues of $425.7 million in 2009 and estimates this to reach $895 million in 2016.
Growth in the world mobile water treatment market has resulted from demand for high-purity water in industrial and potable applications across both mature and emerging economies.
Mobile water treatment systems offer short-term solutions for purified water for emergencies, ensuring that production cycles are not hampered. In addition, the need for emergency responses to events such as plant downtime, industrial crisis, facilities maintenance, and drinking water shortages, is steadily increasing. All of these factors are contributing to significant growth, creating fresh opportunities and developing new market segments for the mobile water treatment industry.
Frost & Sullivan says that although the outlook for the market is positive, there are some challenges. The economic downturn has discouraged capital investments, and governments and industries have suspended investments in the water treatment sector. This has caused the world mobile water treatment systems market to grow at a slightly restrained rate.
With each unit costing more than $250,000 to $300,000, with no guaranteed break-even period, price sensitivity among end-users is another issue curtailing market progression.
For more information on this study, contact Britni Myers, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country.