New York, April 28, 2022 (GLOBE NEWSWIRE) -- The Insight Partners published latest research study on “Drain Cleaning Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Hand Tool, Sink Machine, Sectional Machines, Rodders, Jetters, Push Rod Camera, Locating Equipment, and Flexible Shaft Machine); Power Source (Hand Operated, Fuel Powered, Gas Powered, and Electric); End-user (Professional, and Do It Yourself); Sales Channel (Online, Retail, and Distributor); and Geography”, the global drain cleaning equipment market growth is driven by the rapid urbanization rate and aging existing drainage systems across densely populated cities, notable number of ongoing residential and commercial infrastructure development across numerous emerging towns and cities.
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| Report Coverage | Details |
| Market Size Value in | US$ 1.68 Billion in 2021 |
| Market Size Value by | US$ 2.86 Billion by 2028 |
| Growth rate | CAGR of 6.8% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
| No. of Pages | 263 |
| No. Tables | 169 |
| No. of Charts & Figures | 122 |
| Historical data available | Yes |
| Segments covered | Product, Power Source, End-user, Sales Channel, and Geography |
| Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Drain cleaning equipment Market: Competitive Landscape and Key Developments
AUSSIE PUMPS; Duracable Manufacturing Company; Electric Eel Manufacturing Co., Inc; Flowplant Group Limited; General Pipe Cleaners; Goodway Technologies; Gorlitz Sewer & Drain, Inc.; Nilfisk Group; Ridge Tool Company; Ridge Tool Company; and Spartan Tool are among the key players profiled in this report on the drain cleaning equipment market. In addition to these players, several other key market players were studied and analyzed during this market research study to get a holistic view of the market and its ecosystem.
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The drainage system constitutes an integral component for any emerging or significant city as they provide efficient and seamless waste management for any municipal or government organization. Moreover, their periodic maintenance and cleaning ensure the uninterrupted operation of several commercials, residential and industrial units. As a result, drain cleaning equipment can be defined as a set of tools, equipment, or devices that facilitate the cleaning of drains. Presently, many market players that operate in the market offer a broad range of products that are operated manually, fuel, or electrically and aid in the cleaning process of the drainage systems.
Factors such as the rising urbanization rate globally coupled with growing investment by the government and commercial enterprise towards developing robust and efficient public utilities have gained significant traction and subsequently propelled the demand for various drain system management-related equipment and services. Furthermore, the growing number of construction and commercial infrastructure across the numerous emerging towns and cities has significantly increased the drainage systems and subsequently anticipated to propel the demand for various drain cleaning equipment during the forecast period. In addition to this, the periodic demand for cleaning and maintenance for existing drainage systems, especially across developed economies and prominent densely populated cities, further drives the market steadily.
Additionally, renting drain cleaning equipment is a new trend in the industry. The demand for drain cleaning equipment is also influenced by developing countries drawing many FDIs for infrastructure development. Furthermore, government agencies are investing heavily in better wastewater management and sewage infrastructure, which is expected to boost the drain cleaning equipment market. Moreover, the market is likely to be fueled by the introduction of robotic drain cleaning equipment during the forecast period.
Rising awareness and investment towards efficient sewage infrastructure:
A poorly implemented and maintained sewage infrastructure could profoundly negatively impact individuals' quality of health and wellness within the cities incredibly densely populated metro cities. In addition to this, the lack of efficient waste management and collection could lead to numerous infections, diseases, and harmful components affecting the individual and compromising public safety. As a result, various government and non-government agencies have educated the masses towards the significance of efficient management of waste and maintenance of sewerage infrastructure across commercial and residential units. For this, the government of various economies is investing heavily in developing new sewage infrastructure and the up-gradation of the old sewage infrastructure.
For instance, China aims to spend about US$ 850 Bn on rural water projects, an additional fund of US$ 200 Bn is allotted for a range of cleanup projects in China. Also, The Sedibeng Regional Sewer Scheme was launched in 2015 by the South African government. The scheme is focused on developing the sewer system in the region to prevent discharge of raw sewage; however, simultaneously developing skills for the citizens in the region. Thus, the favorable investment towards the maintenance of aging drain systems by various municipal authorities and supporting government policies are expected to positively influence the market and drive market growth during the coming years.
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Since the early 1970s, clean water has been a national preoccupation. The Federal Water Pollution Control Act (commonly known as the Clean Water Act) was passed by the United States Congress in 1972 to safeguard the country's waters. The United States Environmental Protection Agency (EPA) and comparable state agencies were given the authority to regulate activities that endanger the nation's water resources due to this statute. The Federal Water Pollution Control Act established a comprehensive national water strategy and a national goal to eliminate pollution discharge into navigable waters. As a result, government attempts to preserve healthy water bodies and efficient sewage systems are projected to contribute to the drain cleaning equipment market's growth.
Drain cleaning equipment Market: Product Type Overview
Based on product type, the drain cleaning equipment market is segmented into hand tool, sink machine, sectional machine, rodders, jetters, push rod camera, locating equipment, flexible shaft machine, drum/continuous cable machine. The locating equipment segment held the largest drain cleaning equipment market share in 2020.
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