Utilities such as water, electricity and gas are essential services which plays a vital role in economic and social development. Quality utilities are a requirement for effective poverty eradication. Governments are ultimately responsible for ensuring reliable universal access of service under accountable regulatory frameworks. Increased competition in the utilities sectors in recent years has entailed changes in regulatory frameworks and ownership structures of enterprises, in addition to business diversification. The water utility industry is consist of domestic companies responsible for the safe and timely distribution of water and other related services, like wastewater treatment.This growth is primarily driven by Increasing Population and Urbanization and Huge Demand from Manufacturing Industries.
Globally, a noticeable market trend is evident Recycling Of Water by End Use Industries. The Water Utilities sector in the North America region has been increasing at a strong rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Thames Water Utilities Limited (United Kingdom), American Water Works Company, Inc. (United States), Messe Berlin GmbH (Germany), SAUR (France), Veolia Water Technologies (France), LAYNE (United States), Artesian Water Company (United States), Pentair plc (United States), United Utilities Group PLC (United Kingdom) and Watts Water Technologies, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On May 20, 2019 - Saudi Arabian dams use Veolia Solutions to support Qatrah Initiative for water security. Contractors for three strategic dams choose Veolia Water Technologiesí advanced purification solutions, bringing global best practice to solve the regionís most pressing environmental challenge.
All water service providers are regulated at the federal level by the U.S. Environmental Protection Agency (EPA), and at the state level by the various state health and environmental agencies. Also, the EPA has specific regulations under the Safe Drinking Water Act (SDWA) that limit the amount of radioactivity allowed in community water systems.
- Increasing Population and Urbanization
- Huge Demand from Manufacturing Industries
- Recycling Of Water by End Use Industries
- Stringent Government Regulations
Technological Advancements in Water Utility Services
Lack of Skilled Persons
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