drain cleaning equipment Market

The drain cleaning equipment market size is projected to reach from US$ 1,806.07 million in 2022 to US$ 3,438.65 million by 2030; the market is expected to register a CAGR of 8.4% during 2022-2030.

Technological advancements are Creating the Drain Cleaning Equipment Market Growth

Continuous development in technology has broadened the scope for technology adoption and subsequently facilitated the development of sophisticated devices that assist in numerous drain cleaning, maintenance, and inspection activities. For instance, technology-driven drain cleaning equipment and products such as push rod cameras, locating equipment, and other drain inspection tools have simplified drain cleaning activities compared to conventional methods. Moreover, the continuous integration of intelligent technologies for the development of innovative and improved drain cleaning equipment is projected to offer a sustainable competitive advantage and provide numerous lucrative business opportunities to manufacturers. For instance, in April 2023, Ridgid launched the SeeSnake Mini Pro Inspection Camera with TruSense Technology, the first reel of its kind to offer digital self-leveling without any moving parts. It is the newest reel in the RIDGID collection of inspection and drain cleaning products. The Mini Pro inspects up to 200 feet of 1.5-8-inch pipe with its mid-flex push cable, which can handle steep 90-degree bends. Its revolutionary 25 mm digital self-leveling camera ensures that the in-pipe image remains upright and is shorter than the typical 25 mm camera head. Such product development activities by drain cleaning equipment manufacturers are expected to support the drain equipment system market growth.

Residential construction in the US is experiencing rapid growth owing to the growing demand for apartments. As per the data provided by the US government, in April 2023, new home construction reached 1.63 million, which was the highest number of units after 2018. Such an increase is projected to surge the demand for residential construction in the country. Increased demand for new construction directly affects the need for drain cleaning equipment positively as new drain networks are developed in every newly built construction. Apart from the residential construction, high spending ability and trends of do-it-yourself (DIY) in the country further increase the demand at the residential levels.

The American Water Works Association's (AWWA's) report for 2022 rated the state of the Water management industry in the US at 4.95 on a scale of 1 to 7, up from 4.85 in the 2019 report. The trend had been downward for the previous 14 years and has now turned clearly up. According to the report, the replacement and renewal of old water infrastructure is the major issue and challenge anticipated to affect the US water/wastewater industry. This may attract investments in the renovation of sewage infrastructure in the coming years. Thus, all the factors mentioned above drive the drain cleaning equipment market.

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 are among the key drain cleaning equipment market players.

The overall drain cleaning equipment market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the drain cleaning equipment market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the drain cleaning equipment market.