Global $100+ Million Sewer Cable Markets, 2021-2022 & 2028 - Enhanced Focus on Distribution Networks & Emergence of High Speed Cable Drain Cleaning - ResearchAndMarkets.com

The "Sewer Cable Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.

The Sewer Cable market was valued at US$ 86.06 million in 2021 and is projected to reach US$ 109.16 million by 2028; it is expected to grow at a CAGR of 3.5% from 2021 to 2028.

Sewer cable manufacturers operating in the market are facing significant competition from local manufacturers. To effectively compete in the market, these manufacturers are partnering with local distributors and online platform providers to reach their target audience.

For instance, RIDGID sells its sewer cables via various e-commerce platforms, including Amazon.com, to reach residential end user segment. Several well-known brands have collaborated with local distributors as well. For instance, Duracable has a long list of authorized distributors including EPL Solutions (US), Western Drain Supply (US), Winnipeg MB Canada (Canada), and CPR Supplies Duracable and repair center (US).

Apart from partnering with distributors, manufacturers also offer repair services via various repair centers located in key revenue generating regions. These repair centers offer repair and maintenance services to the customers, thereby helping manufacturers create a loyal customer base. Therefore, key trends in the global sewer cable market circulates around strengthening distribution network and offer high quality repair services.

In 2020, North America dominated the sewer cable market, followed by Europe and APAC. Rising urbanization and building activities are bolstering the sewage and drain business in North America. Sewage cables are in high demand in the region as sewer cleaning service providers and individuals are well-versed with the technology.

The low entry barrier and inexpensive CAPEX for sewer cable production have resulted in an increase in the number of sewer cable producers in North America. A consistent rise in the number of manufacturers supplying products at reasonable costs is one of the key factors driving the expansion of the sewer cable market in this region.

Many sewage cable producers are based in Europe. They are mostly concentrated in Germany, the UK, and the Netherlands. Sewer cable models from these manufacturers are sold to a wide range of consumers, including residential customers, business building customers, and municipalities. Wymefa B.V. (Netherlands), REMS GmbH & Co KG (Germany), Cabere GmbH (Germany), Lehmann GmbH & Co. KG (Germany), and Ferguson Plc are a few of the leading sewer cable producers functional in Europe.

The European Union emphasizes sewage systems, regardless of whether they are residential, commercial, or municipal, and as a result, the demand for sewer machines is at an all-time high in the region. The APAC area, on the other hand, is expected to develop at the quickest rate throughout the projection period.

Growing populations and increased demand for utility services in countries like China, India, and Japan are some of the reasons driving market expansion. In 2020, China was the region's leading sewage cable market, followed by Japan and South Korea.

The COVID-19 pandemic has a severe impact on the sewer cable market growth, specifically in the developed nations. The purchase of new sewer machines has lowered owing to the low demand for sewage cleaning services. Hence, the demand for sewer cable is reduced, which directly affected the market growth.

The global outbreak of COVID-19 has led to a spike in the adoption of sewer machines, along with associated accessories such as cables. The increase in frequency of sewage cleaning activities is majorly associated with the rise in the use of paper towels and wipes across the world, which lead to the frequent clogging of drains and sewer lines.

A rise in frequency of sewer cleaning activities reflected in higher procurement rate of sewer cleaning machine as well as sewer cable (as replacement cable). Thus, the sewer cable market players witnessed growth in their monthly, half-yearly, and annual sales in 2020.

Company Profiles

• General Wire Spring Co.
• Hongli Pipe Machinery (Mambacleaning)
• Sewer Cable Equipment Company
• Coast Manufacturing
• Duracable Manufacturing Co.
• Electric Eel Manufacturing Co.
• Ridgid
• Spartan Tool
• Trojan Worldwide Inc.
• Gorlitz Sewer & Drain, Inc.
• The Milwaukee Electric Tool Corporation
• Mytana LLC
• Wymefa B.V.
• Rems GmbH & C- Kg
• Ken-Way.Com
• Picote Solutions
• Cabere GmbH
• Draincables Direct (Dcd).

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Sewer Cable Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Sewer Cable Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Population and Urbanization

5.1.2 Increasing Awareness and Investment Towards Sewage Infrastructure

5.2 Restraints

5.2.1 High Cost of Sewer Cable

5.3 Opportunities

5.3.1 Emergence of High Speed Cable Drain Cleaning

5.4 Future Trends

5.4.1 Enhanced Focus on Distribution Network

5.5 Impact Analysis of Drivers and Restraints

6. Sewer Cable Market - Global Market Analysis

6.1 Global Sewer Cable Market Overview

6.2 Global Sewer Cable Market Forecast and Analysis

6.3 Market Positioning- Top Five Players

7. Sewer Cable Market - Geographic Analysis

7.1 Overview

8. Sewer Cable Market - COVID-19 Impact Analysis

9. Industry Landscape

9.1 Overview

9.2 Market Initiative

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/tkum8w

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