Drain Cleaning Equipment Market
Drain Cleaning Equipment Market
Global Drain Cleaning Equipment Market to Reach US$ 3.3 BN by 2031, driven by Growth in Urbanization among Developing Economies: Global Insight Services
New York, September 2022: According to a new research study by Global Insight Services (GIS), the drain cleaning equipment market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 3.3 billion by 2031.
Drain cleaning equipment is utilized to clean and look after water, wastewater, and sewer utilities. The channel cleaning framework is utilized to keep the seepage framework and funneling framework in the stream. Huge amounts of materials can hinder the framework. Consequently, a channel cleaning gear is utilized for cleaning and evacuating blockage. Various sorts of drain cleaning equipment, for example, sink machines, drum machines, sectional machines, rodder machines, water jetter machines, flexshaft machines, and funnel cleaning, are accessible in the market with assorted usefulness to clear the blockage. The global drain cleaning equipment market is anticipated to grow quickly during the estimated time frame attributed to the wastewater industry’s interest in channel cleaning gear. Drain cleaning hardware gear incorporates hand instruments just as force devices.
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Global Drain Cleaning Equipment Market: Key Drivers
Fast-growing emerging economies across the Asian and African regions continue to witness an unprecedented increase in investment in residential and commercial infrastructure development. Moreover, the emerging young adult population has further added to the growing demand for the construction of residential complexes across numerous developing cities and towns. Subsequently, propelling the need for efficient sewage and a drainage system is expected to be the driving factor for the drain cleaning equipment market during the coming years. Factors such as a surge in the construction of housing, commercial, retail, and hospitality units are the prime factors propelling its real estate market development. Consequently, the country is expected to attract numerous lucrative business opportunities to maintain and clean its robust drainage systems across its densely populated cities. Additionally, to support its growing infrastructure demand, the government of India has approved 100% foreign direct investments (FDIs) to develop its township and residential settlements-related infrastructure projects.
Global Drain Cleaning Equipment Market: Market Restraints and Challenges
The price of the power drain cleaning equipment is high, which acts as a restraining factor for the market’s growth. Conventional tools, such as augers and plungers, are used widely in household applications. These traditional tools have a low cost, but their usage is limited to small applications. Whereas advanced drain cleaning power tools such as drum machines, sectional machines, sink machines, and water jetters are capable of a wide range of operating conditions and are simple in use, their adoption in a residential area is limited due to their high cost. However, renting out drain cleaning equipment is trendy these days. Thus, the high price of drain cleaning equipment is anticipated to hinder the growth of the global drain cleaning equipment market.
Global Drain Cleaning Equipment Market Report Findings
The locating equipment segment is likely to hold the major share of the market in 2021
Based on product, it is segmented into hand tool, sink machine, sectional machines, rodders, jetters, push rod camera, locating equipment, and flexible shaft machine. The locating equipment segment is expected to have the largest drain cleaning equipment market share in 2021. One key component of drain cleaning equipment is to locate a problem under a floor or underground from a remote, above-ground inspection point. This component is especially important if workers need to excavate to reach the problem. It helps them avoid guessing where to excavate and doing unnecessary digging or, even worse, damaging a buried cable. Due to multiple benefits, the locating equipment segment is expected to receive the main market attraction resulting in market growth.
The electric segment is likely to dominate the market during the forecast period
Based on power source, it is segmented into hand operated, fuel powered, gas powered, and electric. The electric segment is expected to dominate the market during the forecast period. Electric drain cleaning equipment are the most popularly used drain cleaning equipment globally, as they are very handy to use and also helps in removing tougher clogs. Due to the abovementioned factors, the electric segment is expected to dominate the market during the forecast period.
The professional segment is likely to hold the major share of the market in 2021
Based on end user, it is bifurcated into professional and do it yourself. The professional segment is expected to be the largest segment in the drain cleaning equipment market in 2021. Professionals are the trained personals that provide the service of drain cleaning using these machines. Further, professional drain cleaning provides several benefits such as safe drain cleaning, effective drain cleaning, free of the mess and hassle, drain expert insight, and peace of mind. Thus, the professional segment will likely hold a major market share in 2021.
The North America region is accounted for the majority of market share in 2021
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to hold the majority of the market share in 2021. The growth of the North American drain cleaning equipment market is predominantly due to government financial backing for development and deployment. Furthermore, the US dominated the North American drain cleaning equipment market in 2020. The region is expected to attract a plethora of lucrative business opportunities to maintain and clean its robust drainage systems in various densely populated cities. The growing young adult population has exploded the demand for residential complexes in many developing cities and towns. The primary factors driving the development of the US real estate market are an upsurge in the construction of housing, commercial, retail, and hospitality units. This, in turn, boosts the demand for drain cleaning equipment in the North America region.
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The key players studied in the global drain cleaning equipment market are AUSSIE PUMPS (Australia), Duracable Manufacturing (US), Electric Eel Manufacturing (US), Emerson Electric Co. (US), Flowplant Group Ltd (UK), General Wire Spring Co. (US), Goodway Technologies Corporation (US), Gorlitz Sewer & Drain, Inc. (US), Nilfisk Ltd (UK), and SPARTAN TOOL, L.L.C. (US).
Global Drain Cleaning Equipment Market: Recent Developments
- March 2022, Goodway Technologies announces the recent acquisition of Doman, SRL, a premier manufacturer of dry industrial steam cleaning systems for commercial and industrial applications. Dry steam cleaning systems are used worldwide to deliver powerful cleaning and sanitation performance across many commercial and industrial applications.
- November 2020, Aussie Pumps released the first Cobra drain cleaning jetter two decades ago, not knowing how it was going to impact the plumbing industry. Now, after years of product development and technological advancements, a range of high pressure jetters are on the market that are faster, safer and more efficient than conventional ‘eels’ or other electro-mechanical drain cleaning equipment.
Global Drain Cleaning Equipment Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current global drain cleaning equipment market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
- A thorough analysis of market trends and restraints is provided.
- Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
- The forecasts in this report are made by examining the recent trends along with future global drain cleaning equipment market potential from 2021 to 2031 in terms of revenue.
- Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global drain cleaning equipment market are also analyzed.
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global drain cleaning equipment industry.
Global Drain Cleaning Equipment Market Segmentation
- Hand Tool
- Sink Machine
- Sectional Machines
- Push Rod Camera
- Locating Equipment
- Flexible Shaft Machine
By Power Source
- Hand Operated
- Fuel Powered
- Gas Powered
By End User
- Do It Yourself
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East