Description
The demand for sustainable solutions in the municipal segment is driven by huge investments made to build resilient cities across the world. A continual push for circular economy has led to innovation in making the water infrastructure sustainable. Decentralized treatment systems are gaining attention due to their efficiency, cost effectiveness and better reuse capabilities. Water stress, coupled with rapid industrialization, has pushed rapidly growing economies such as India and China to adopt stringent regulations and enforce sustainable technologies to manage water pollution and stress. Implementation of the Internet of Things (IOT) in water and waste water infrastructure has helped in ensuring optimization and efficiency. This has further pushed the demand for smart and sustainable solutions.
Key predictions for the municipal water and wastewater segment include sustainability, customer engagement, smart water management, etc., while the growing demand for sustainable solutions, water reuse and zero liquid discharge (ZLD) will drive the water and wastewater market in the industrial segment. The global water market for the year 2017 is estimated to have a revenue of $652.38 billion, with advanced membrane technologies and disinfection techniques getting due attention in the municipal segment. While the municipal segment has exhibited a growth of 3.8% from 2016, the industrial segment has exhibited a growth of 5.7%.
Research Scope
The study estimates the size of the 2017 Global Outlook for the Water Industry to be $652.38 billion. The predictions for the year 2017 are done with 2016 as the base year. The study highlights key market predictions for 2017 for both industrial and municipal segments. The municipal and industrial water market covers the Total Expenditure (TOTEX) of the following across treatment plants and networks: design and engineering, operation and maintenance, water and wastewater technology, process control management, chemicals.
Frost & Sullivan has presented the municipal and industrial water market expenditure forecast for Asia-Pacific (APAC), North America, Europe, Middle East & Africa (MEA) and Latin America. Key market predictions for municipal and industrial segment for each of these regions, in addition to revenue, are presented in the study. The study also encompasses the municipal and industrial technology outlook for various regions and the revenues for technology employed in water treatment, wastewater treatment, sludge management and smart water management.
The following are the key questions this study seeks to answer:
• What are the key market predictions for the global water industry in 2017?
• What is the revenue of the global water industry in 2017? How has it grown since 2016?
• What technology is growing and declining in 2017?
• What are the prospects for advanced treatment technologies and how is it replacing conventional systems?
• What are the key conclusions of this Global Outlook study of the water industry?
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