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(IndustryNews247.Com, September 14, 2018 ) Drain cleaning equipment market is expected to grow US$ 936.2 million by 2025 from US$ 573.7 million in 2016. Drum/continuous cable machine expected to dominate the market in 2025, followed by jetters. Drum/continuous cable machine comprises of a single cable, the time required to complete the process is less than the sectional machine. Hence, the market for the drum machine is anticipated to increase in the near future.
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Top Player :
SPARTAN TOOL, LLC
Gorlitz Sewer & Drain, Inc.
Goodway Technologies Corp.
General Wire Spring Company
Duracable Manufacturers Company
Flowplant Group Inc.
Electric Eel Manufacturers
Asia Pacific region comprises of several developing companies and the population of these countries are increasing rapidly. Also, the government of various economies are investing heavily for their infrastructure development thus, influencing the demand for drain cleaning equipment. Some of these initiatives includes Clean India Initiative, Indonesia Infrastructure Program 2016-2026 and China’s 13th Five Year Plan among others. Also, the growth of Smart Cities Momentum in the Asia Pacific countries is stimulating construction of numerous commercial as well as public projects. Therefore, the utilization of drain cleaning equipment is projected to grow in the region during the forecast period.
Drain cleaning equipment market by end-use is segmented into professional and Do-it-Yourself. The professional segment is dominating the market for drain cleaning equipment in 2016 and is expected to continue its dominance in 2025. The Do-it-Yourself end-use segment comprises of equipment that are generally used for cleaning drains of the houses whereas, professional end-use comprises of variety of machineries used of commercial purposes. Hence, the market for professional end-use segment is growing.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the drain cleaning equipment manufacturing industry.
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