Key Findings
The Asia-Pacific water infrastructure and repair technology market is evaluated to record a CAGR of 6.81% during the forecasting years of 2023 to 2032. Some of the leading factors propelling the market growth of the region include the rise in investments in drinking water, wastewater, and water treatment, the swift rates of urbanization, the increasing demand for improving water efficiency and reusability of water resources, as well as the surging demographic in developing countries such as China and India.
Market Insights
The Asia-Pacific water infrastructure and repair technology market growth assessment covers a detailed analysis of South Korea, Indonesia, Thailand, Vietnam, China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific. In South Korea, the water infrastructure and repair technology market is fuelled by key drivers, such as climate change, an increase in water consumption due to rapid urbanization, the inclination towards smart water management techniques, and high industrial growth. The nation is also adopting a combination of smart water meters as well as information and communication technology (ICT) in order to effectively manage water supply.
For example, the consumption of tap water in Paju Smart City substantially increased from 1% to 36.3% in the last three years. Furthermore, a combination of ICT technology, integrated with real-time sensors, is also being utilized in conjunction with ground staff engagement. As a result, the emergence of innovative solutions for water management is expected to play an essential role in boosting the Asia-Pacific water infrastructure and repair technology market growth during the forecasted period.
Competitive Insights
Leading companies operating in the market include Aquatech International LLC, Toshiba Water Solutions Pvt Ltd, Veolia Group, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments