Sewer Cable Market to exceed US$ 115.99 million to 2030

    Published on 01-Apr-2024
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    Report : Sewer Cable Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Geography

    According to our latest study on "Sewer Cable Market Analysis and Forecast to 2030 - Global Analysis - by Geography," the market is expected to grow from US$ 84.32 million in 2022 to US$ 115.99 million by 2030; it is anticipated to record at a CAGR of 4.1% from 2022 to 2030.

    Renewal and replacement requirements for aging water and wastewater infrastructure may attract investments in the renovation of sewage infrastructure in the coming years. According to the 2021 Aging Infrastructure Report by the American Society of Civil Engineers, the average age of water-network pipes in the US is 45 years, with some exceeding a century. Notably, the Midwest and Southeast regions have experienced high rates of pipe breakage in recent years, contributing to substantial water loss from distribution network leaks. To tackle this infrastructure challenge, President Biden has taken a decisive step by signing the Bipartisan Infrastructure Law-also known as the Infrastructure Investment and Jobs Act. This groundbreaking legislation allocates over US$ 50 billion in investment over the next 5 years, marking the largest financial commitment in American history to enhance drinking water, wastewater, water reuse, sewage, and water storage infrastructure.

    The sewer cable market in the US is concentrated with several renowned manufacturers, including Sewer Cable Equipment Company, Coast Manufacturing, Duracable, Spartan Tool, and MAMBACLEANING. These manufacturers have a strong customer base. Moreover, they have collaborated with local distributors to achieve effective market penetration. For instance, Duracable has a substantial number of authorized distributors in the US, including EPL Solutions, KC Cables, and Indianapolis Winsupply, among others.

    Hongli Pipe Machinery; General Wire Spring Co.; MyTana LLC; SEWER CABLE EQUIPMENT COMPANY.; Coast Manufacturing; DURACABLE; Electric Eel Manufacturing; Ferguson Enterprises, LLC.; RJM Equipment Sales, Inc; Spartan Tool; Trojan Worldwide Inc; Drain Cables Direct (DCD); Gorlitz Sewer & Drain, Inc.; Milwaukee Tool; and RIDGID are a few of the key sewer cable market players profiled during the market study. In addition to these players, several other important companies were studied and analyzed to get a holistic overview of the global sewer cable market.

    Key Findings of Market Study:

    The sewer cable market in the RoW is segmented into the Middle East & Africa and South America. The demand for sewer cables has been upsurging at a decent pace over the years in the two regions mentioned above. This is majorly due to the growth in commercial, residential, and industrial infrastructure in the regions. The governments of different countries in the RoW emphasize on upgrading the sewage systems using modernized technology, thereby requiring sewage-cleaning machinery. The growing adoption of sewage-cleaning machinery is directly proportional to the procurement of sewer cables, which drives the sewer cable market in the region.

    The sewer cable market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The waste generation in the region is increasing by a rate of 25% every year; the wastewater treatment plants generate enormous amounts of mud, whose disposal is a cause of the major issue. The generation of municipal wastewater in massive volumes stands as a severe problem owing to inflated costs of treatment and risk to the environment and human health. In June 2023, Dubai approved US$ 21 million for a centennial sewerage system, which is anticipated to reduce carbon emissions in the sector by 25%. This is a flagship municipal project designed to support the Dubai Economic Agenda D33 and the Dubai Urban Plan 2040. Furthermore, South Africa, the UAE, and Saudi Arabia are among the key countries with rising sewer issues. Flushing off wet wipes and similar other products, resulting in the formation of the fatberg, is a key factor leading to clogging/blockage of sewer systems. Removal of these huge fatbergs requires special sewer cleaning equipment, and cables are an integral part of these equipment. Therefore, the need for flexible and reliable sewer cleaning becomes essential. Manufacturers of sewer cables catering to the end users in the Middle East & Africa need to develop cables that fulfil the requirements of sewer system authorities in this region. A few of the sewer machine market players operating in this region are ICM Industries and Roto Rooter Africa (PTY) Ltd. The players have a strong hold over the distribution network. Therefore, they can reach out to a considerable number of drain and plumbing service providers, seeking affordable and easy-to-use sewer cables.

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