Bluefield Research: $526B Municipal Water CAPEX Increase Pushes Europe’s Utilities Forward
A combination of drivers including utility market restructuring, water and wastewater directives, and improved efficiency have encouraged cities and public water utilities to resume the most aggressive investment programs Europe has seen since 2007. Bluefield anticipates annual water infrastructure investment to increase 23%, from $46 billion in 2015 to $57 billion in 2025.
“Water infrastructure needs steadily increased during Europe’s fragile economic growth. Now the region is poised for a renewed push in CAPEX growth,” says Keith Hays, Vice President of Bluefield Research. “After years of delayed projects due to macroeconomic instability, Europe’s water utilities acknowledge investments must be made to secure networks for the future,” concludes Mr. Hays.
Europe will focus its CAPEX investment in two key areas: wastewater and pipes – with 61% of spend allocated to improving wastewater infrastructure and the remaining 39% for water infrastructure. US$256 billion will be dedicated to maintaining and expanding Europe’s 6.7 million kilometers of ageing and leaking pipe networks.
Europe’s highly fragmented municipal water market, with over 61,000 water and wastewater systems, is consolidating. Led by France, Italy, and the UK, the number of water and wastewater service providers dropped by 16% between 2008 and 2014. Bluefield expects this consolidation trend to continue – bringing economies of scale, more efficiencies, and unlocking new funding for network improvements.
While Europe, as a whole, is investing in infrastructure, market conditions vary across the region. Southern Europe faces water stress from higher consumption levels and lower resources. Eastern Europe is focusing on wastewater while addressing cost-recovery. With more severe rainfall events expected, Northern Europe leads investment for flood resilience and improved storm water management.
“Grappling with stagnating population growth and decreasing household water consumption, European utilities are becoming smarter and more resilient,” said Mr. Hays, adding “To get the most out of new technologies and deliver on performance targets, service providers must also commit to major CAPEX investments for underlying infrastructure.”
About Bluefield Research
These findings are from Bluefield’s new report: Europe Municipal Water Infrastructure: Utility Strategies and CAPEX Forecasts, 2016-2025 . Bluefield Research provides data, analysis and insights on global water markets.
Steph Aldock, +34 93 681 4325 or 415-404-8195
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
ASTRATA22.1.2018 08:47 | pressemeddelelse
Astrata Launches VanLinc™, for Intelligent LCV Fleet Management
FL-MASIMO22.1.2018 08:03 | pressemeddelelse
New Study Investigates the Clinical Utility of ORi™, Masimo Oxygen Reserve Index™, in Obese Patients
CA-ZEROSTACK22.1.2018 08:02 | pressemeddelelse
ZeroStack Announces Cloud Innovation Partner Program to Accelerate Partners’ Ability to Offer Public Cloud Benefits in a Private or Hybrid Cloud Solution
NY-NORSK-TITANIUM22.1.2018 08:02 | pressemeddelelse
Boeing and Norsk Titanium Selected as Winner of Aviation Week Network’s Annual Laureate Awards
PANASONIC-CORPORATION22.1.2018 06:30 | pressemeddelelse
Panasonic LUMIX GH5 Supports Yasunaga Ogita, a Polar Explorer, in Japan's First Solo South Pole Expedition Without Resupplies
MA-MEDROBOTICS22.1.2018 06:03 | pressemeddelelse
Medrobotics® Corporation Receives FDA Clearance for World’s First and Only Flexible Transabdominal and Transthoracic Robotic Scope
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum