The Drain Cleaning Equipment market size is projected to reach US$ 3,438.65 million by 2030 from US$ 1,806.07 million in 2022. The market is expected to register a CAGR of 8.4% during 2022–2030. Growing adoption of advanced drain cleaning equipment, such as location equipment rod cameras likely to remain a key trend in the market.
The U.S. is the largest economy across the globe and one of the most important economies as well. The total global output of the country is around 20%, which is larger than that of China. In addition, according to the IMF, the U.S. ranked sixth in terms of PPP (Purchasing Power Parity). This signifies the ability of people residing in the country to afford efficient drain-cleaning equipment. Furthermore, the country also has a strong manufacturing base. In addition, developed infrastructure indicates the presence of commercial buildings such as hospitals, malls, hotels, etc. Thus, the demand for drain-cleaning equipment from these sectors is anticipated to increase.
The key stakeholders in the drain cleaning equipment market include component & raw material suppliers, drain cleaning equipment manufacturers, indirect customers, and end-users. In recent years, the demand for drain-cleaning equipment has been increasing due to the rise in the construction sector across both developing and developed nations. Nilfisk, Spartan Tools, General Pipe Cleaners, Aussie Pumps, and some of the world's most notable drain-cleaning equipment manufacturers. Chinese manufacturers are gaining traction fast. The drain cleaning equipment manufacturers primarily sell their products to two types of customers -indirect customers and end-users.
As the demand for residential construction is growing, countries across the globe are focusing on the development of sewage systems. For instance, in February 2023, the Ministry of Social Justice & Empowerment (MoSJE), India, announced the National Action for Mechanized Sanitation Ecosystem (NAMASTE) scheme. The scheme aimed to increase the adoption of advanced equipment for cleaning underground sewers and septic tanks while gradually eradicating manual scavenging. In October 2022, the European Commission submitted draft revisions to the Urban Wastewater Treatment Directive. With its approval, the revised directive is expected to highlight the benefits of sanitation and suggest the utilization of epidemiological monitoring of wastewater to protect public health.
The demand for hydrojetting is growing at a rapid pace. Hydrojetting offers greater operational efficiency the traditional drain cleaning equipment. These machines offer greater pipe cleaning options and are affordable. In addition, the manufacturers in the industry are coming up with innovative hydro jetting products. For instance, in March 2023, the hydra-flex launched reaper jetting nozzles. It has 3600 rotating heads and can efficiently work for 6” to 36” sewer pipes. Such factors are projected to generate lucrative opportunities for the drain-cleaning equipment market during the forecast period.
Key segments that contributed to the derivation of the Drain Cleaning Equipment market analysis are type, cause, disorder type, category, and end user.
The geographic scope of the Drain Cleaning Equipment market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
Asia Pacific dominated the global drain cleaning equipment market in 2023 as the countries in the region are growing significantly. The Chinese government is notably focusing on developing its infrastructure. It has taken several measures/steps to support the development. For example, the country's central government has intensely pushed fiscal incentives through infrastructure investments for sustainable economic growth. For instance, the Chinese government invested around US$ 7.4 billion for major infrastructure projects.
The regional trends and factors influencing the Drain Cleaning Equipment Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Drain Cleaning Equipment Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,806.07 Million |
| Market Size by 2030 | US$ 3,438.65 Million |
| Global CAGR (2022 - 2030) | 8.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2022-2030 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Drain Cleaning Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Drain Cleaning Equipment Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Drain Cleaning Equipment market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Drain Cleaning Equipment market are listed below:
The “Drain Cleaning Equipment Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
6.7% is the expected CAGR of the market
The global drain cleaning equipment market is expected to reach at US$ 3.25 billion by 2031
Spartan Tools, Ridgid Inc., Nilfisk Holdings AS, Australian Pump Industries, GORLITZ SEWER & DRAIN Inc., Gator Drain Tools, Flowplant Group Ltd, Duracable Manufacturing Co, Electric Eel Manufacturing Co. Inc., and Goodway Technologies Corp
Rising investments in Sewage infrastructure is driving the drain cleaning equipment market
Asia Pacific dominated the driving training simulator market in 2023