Sewer Cable Market Size & Share Forecasts with 5.1% of CAGR by 2027

The sewer cleaning industry is continuously developing a new solution to reduce human efforts with advanced machines. The rising demand for drain and sewer cleaning machines from developed and developing nations to eliminate manual cleaning operations is mounting the market growth. Governments of various countries are taking the initiative to introduce advanced machinery in the field of the sewer cleaning industry. With the rising adoption of sewer cleaning machinery, the demand for components such as cables, pipes, cutters, and others will also surge. Thus, rising machine adoption in the sewer cleaning industry is a key factor driving the sewer cable market. For instance, in February 2020, the Indian finance minister has introduced a new plan for the sewer industry growth. Such as India is looking to eliminate manual cleaning of sewers with suitable technologies and equipment. The Indian government is assuring that there will be no manual cleaning of sewers anymore. The growth of the sewer cable market is directly attributed to the sewer cleaning machines sale. Thus, the rapid innovation of equipment and techniques in the sewer cleaning industry is augmenting the market growth.

RIDGID, SPARTAN TOOL, GORLITZ, DURACABLE, AND ELECTRIC EEL MANUFACTURING – PROMINENT MARKET PARTICIPANTS IN SEWER CABLE MARKET

Global sewer cable market is driven by growing investment by state and federal government on operation and maintenance of water, wastewater and sewer utilities. Additionally, rising population and urbanization is another key factor in the growth of the global market.  Growth in overall population, specifically urban population, has led to an increased need for water and wastewater facility and efficient sewer system. Furthermore, due to urbanization, use of flushable products has also increased significantly, creating risk of formation of fatberg, and thereby leading to blockage in drain system. This, in turn, has created the demand for effective drain equipment systems, including sewer cable.

North America dominated the sewer cable market in 2019; it would continue to lead the market during the forecast period and. Europe is the second-largest contributor to the global sewer cable market, followed by APAC. The US, Canada, and Mexico are the major countries in North America. To manage huge volumes of waste generated, the region invests high amounts in the maintenance and effective operations of wastewater and sewer utilities, which makes it a significant contributor to the global sewer cable market. Plastics, rags, baby wipes, straws, false teeth, and frozen chicken are among the entities finding their way into sewage treatment plants, via the sewerage system. Removing such objects efficiently, before they block and damage the pumping system, has always been a challenge to plants operators. According to the 2016 State of the Sewers report, grease causes ~71% of sewer blockage in cities of the US, specifically in the New York City. Other US cities, including Ft. Wayne and Indiana, spend half a million dollars a year cleaning grease out of sewers.

Market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The market players present in the market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings. Most market initiatives were observed in North America, which has a high growth potential for sewer cable market providers. Few of the important market initiatives from the industry are mentioned below: