The
report provides a comprehensive overview of the global market for
water utility services, and studies in detail the factors impacting
its growth trajectory over the report’s forecast period between
2015 and 2023. Compiling exhaustive information pertaining to the key
growth drivers, potential restraints, and opportunities, the report
aims to update the industry stakeholders about the market’s
prevalent dynamics and presents refined forecasts for its growth in
the future.
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Report with Full TOC at :
http://www.transparencymarketresearch.com/water-utility-services-market.html
With
the global population increasing at an annual average growth rate of
approximately 1.1%, the demand for safe drinking water and improved
water utilities for sanitation is poised to rise exponentially in the
forthcoming years. Governments around the world have united to
provide an adequate supply of clean water for daily use and
sanitation to the people living around the world. The principles of
water and wastewater management have thus gained significance in
recent times. This is particularly true in the case of developing
economies, where a strong population growth is observed. Such factors
contribute to the expansion of the water utility services market
around the world.
The
water utility services market mainly comprises public institutions
offering safe and suitable water for both household and commercial
use. However, recently, private companies have also started foraying
in the market, due to which the market is likely to gain a robust
momentum. According to the report, the water industry is likely to
grow by 4% to 5% on a yearly basis, and water utilities at present
account for over 50% of the industry. Furthermore, the United Nations
has set the target of reducing the number of people without access to
safe water for drinking and sanitation globally, as one of its
Millennium Development Goals, which is expected to give an impetus to
the global market for water utility services. Several countries
around the world, especially the developing nations, have already
adopted the goal. This has led to an increased investment in the
water utilities segment.
Regionally,
Europe has had incredible success in deploying advanced water utility
systems. The private sector holds a major share in the water industry
in Europe, which makes the region an early adopter of the latest
technologies. The U.S. is yet another developing market for water
utility services. Due to inadequate development of infrastructure,
Asia provides ample opportunities of investment to the water
industry. The Middle East and Africa also face a shortage of water
supply, which makes the regions lucrative markets for water utility
services.
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report sample PDF copy from here :
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The
report provides a holistic overview of the water utility services
market covering relevant insights about the opportunities for
expansion of the market around the world.
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