Albany, NY -- (SBWIRE) -- 11/14/2018 -- Significant investments towards water infrastructure across the globe is accounted as a major growth initiator in drinking water pipe repair market. Owing to escalating needs of drinkable water coupled with burgeoning construction projects for pipe repair, manifest new growth avenues in drinking water pipe repair market. A new business intelligence report titled, 'Drinking Water Pipe Repair Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026' added to the vast database of Market Research Reports Search Engine (MRRSE) lends crucial business highlights pertaining ongoing market developments and their eventual impact on holistic growth trajectory of drinking water pipe repair market.

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IoT Emerges as a Promising Technological Aid in Pipe Repair Projects

Escalated instances of pipe leakages have kindled several government funded projects to mend faulty, legacy pipelines, thus moderately influencing growth in drinking water pipe repair market. These initiatives have also leveraged numerous research and development initiatives to offer superlative pipes resonating with surged demands for safe drinking water.

Embracing new technological aids such as IoT has emerged as a tangible solution to detect and eventually rectify faulty pipes that trigger pipe bursts as well as pipe leakages.

Economic Backwardness in Underdeveloped Economies: Major Growth Deterrent

However, unprecedented political unrest and economic backwardness in underdeveloped economies are probable deterrents in drinking water pipe repair market. Stakeholders and market participants are diverting significant investments towards technological novelties that offer cost effective solutions with less downtime. Further, limiting operational costs is also a primary focus to encourage market growth.

Spot Assessment and Repair Technology to Remain Lucrative during the Forecast Tenure

In the subsequent sections of the report, readers are presented with a holistic overview of existing market drivers, trends and hindrances that influence the growth roadmap of drinking water pipe repair market. Additionally, the report also offers a detailed assessment of opportunities to aid lucrative decision making on the part of prominent market players, striving to remain dominant amidst stiff competition in drinking water pipe repair market. This section of the report also entails a comprehensive overview of market segments functional in the market such as type and repair technologies. Based on type, drinking water pipe repair market is diversified into pipes and connectors, fittings, couplings, and valves amongst others. Based on repair technologies, drinking water pipe repair market is classified into remote assessments and monitoring, open and cut-pipe repair, spot assessment and repair, and trenchless pipe repair.

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Asia-Pacific to Retain Dominance as the Fastest Growing Region in Drinking Water Pipe Repair Market

Additionally, besides the aforementioned market segments, this section of the report also entails a deep-dive analysis of geographical expanse of drinking water pipe repair market, based on which the market is demarcated into Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa.

Competition Dashboard: Drinking Water Pipe Repair Market

Comprehensive research elements etched in this section of the report offer readers firsthand information on the effectiveness of marketing tactics and tools implemented by leading market players and their eventual impact on consumer response as well as overall market growth. This section of the report also entails a snapshot of various winning strategies embraced by prominent market players to attain market dominance. Some of the leading market players profiled in this section of the report comprise, 3M Company, Kurita Water Industries Limited, Aegion Corp, Mueller Water Products, KMG Pipe Rehabilitation, and others

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