(MENAFN- GlobeNewsWire - Nasdaq) Rockville, May 26, 2023 (GLOBE NEWSWIRE) -- The global water jetting camera market is estimated to secure a valuation of US$ 3.67 billion in 2023 and US$ 6.39 billion by 2033. The market is projected to increase at a CAGR of 5.7% over the forecast period.
North America dominates the global market by capturing a maximum share during the forecast period. The municipality and water management segment is leading the global market in the end-use category from 2023 to 2033.
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Which Sector Influences the Global Market?
Several end-use sectors influence the global market are:
Municipal and Utilities: Municipal and utilities sector is driving the global market by securing a maximum share. They are increasing the demand for water jetting cameras for cleaning, maintaining, and inspecting sewer lines, underground infrastructure, and drainage systems.
Oil & Gas: Oil & gas is another sector that widely increases the adoption of water jetting cameras. In order to detect cracks, blockages, corrosion, and other defects. It is a safe, convenient, and integrated solution for inspecting pipelines in the oil & gas sector.
Manufacturing and Industrial Sector: Rising manufacturing and industrial sectors are rapidly surging the demand for water jetting cameras to maintain industrial pipes and equipment. These cameras ensure safety, provide excellent manufacturing processes, and operate efficiently. Chemical, automotive, beverages, and others are a few manufacturing processing industries.
Construction Industry: The construction industry plays a crucial role in the global market by increasing the adoption of water jetting cameras. It is widely used to improve ongoing construction activities and build better infrastructure. These cameras identify issues and process ongoing maintenance in the construction industry.
Environmental and Wastage Management: The growing environmental concerns are increasing the adoption of water jetting cameras for sustainability. Environmental and waste management provides wastewater treatment facilities and recyclable processes by increasing the demand for water jetting cameras.
Transportation: The transportation sector is increasing the demand for water jetting cameras for cleaning and inspecting transportation infrastructure such as culverts, bridges, and roads. These cameras identify issues such as blockages, debris, and other issues.
How Key Players are Adding Values in the Global Market?
Key players play a vital role in the global market by innovating and launching new products. They are developing advanced products by investing in research and development activities. The key players adopting various marketing methodologies to expand the global market are mergers, collaborations, acquisitions, partnerships, agreements, and product launches.
Key players focus on consumers' requirements and develop innovative products to satisfy their desires. These key players are adopting advanced technologies such as artificial intelligence and the Internet of Things to improve product quality and reduce time.
Key Companies Profiled
Envirosight CUES Inc. Rausch Electronics Scanprobe Techniques Ltd Deep Trekker Aries Industries Mini-Cam Ltd Subsite Electronics Spartan Tool Rothenberger Pearpoint Insight Vision Cameras Ratech Electronics Ltd Camtronics BV RICO GmbH
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Recent Developments in the Global Market are:
Rigid is a well-known brand offering pipe inspection, corrosion, and plumping activities. They are developing high-resolution, accurate, and durable construction water jetting cameras for end-use industries.
Enz Technik AG is a leading manufacturer of water jetting nozzles to clean and inspect pipelines. The company focuses on developing high-pressure water jetting nozzles by adopting advanced technology.
The market is highly fragmented by several key players in the global market during the forecast period. The key players invest in research and development activities to develop innovative and improved products in the global market. These players are adopting various marketing methodologies such as mergers, acquisitions, partnerships, collaborations, agreements, and product launches.
Envirosight provides various end-use industries with inspection solutions such as industrial, sewer, and water lines. They offer water jetting cameras with Jetscan HD, and Pro+ pushes the cameras to improve imaging capabilities.
CUES Inc is one of the leading manufacturers in the global market that develop high-resolution cameras with laser technology. The company launched its new product SPiDer scanning system, to inspect the pipelines. They also introduced the cloud-based management platform GraniteNet to store large data and analysis.
Key Segmentation in the Global Water Jetting Camera Market are
By End-user Industry:
Manufacturing Municipalities and Water Management Construction Transportation Oil & Gas By Technology:
Pan-tilt-zoom Cameras Close-circuit Television Cameras High-resolution Imaging Cameras By Application:
Drain and Sewer Inspection, Tank & Vessel Inspection, Pipeline Inspection, Industrial Cleaning By Region:
North America Europe Latin America Asia Pacific The Middle East and Asia
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Key Questions Covered in the Pipe Crusher Market Report
What will be the estimated size of the Market in 2023? At what rate will the global Pipe Crusher sales grow until 2033? Which are the factors hampering the Pipe Crusher demand? Which region will spearhead the growth in the global industry by 2033? Which are the factors driving sales in the Pipe Crusher Market during the forecast period?
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