
Published On: Jul 2024
Published On: Jul 2024
At 7.4% CAGR, North America Drain Cleaning Equipment Market is Projected to be Worth US$ 937.03 million by 2030, says Business Market Insights
According to Business Market Insights’ research, the North America drain cleaning equipment market was valued at US$ 530.98 million in 2022 and is expected to reach US$ 937.03 million by 2030, registering a CAGR of 7.4% from 2022 to 2030. Technological advancements and rapid urbanization are among the critical factors attributed to drive the North America 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.
On the contrary, volatile raw material prices and impact of macro-economic factors hamper the growth of North America drain cleaning equipment market.
Based on product, the North America drain cleaning equipment market is segmented into hand tool, sink machines, sectional machines, rodders, jetters, push rod camera, locating equipment, flexible shaft machine, and drum/continuous cable machine. The locating equipment segment held 23.7% market share in 2022, amassing US$ 125.95 million. It is projected to garner US$ 197.01 million by 2030 to register 5.8% CAGR during 2022–2030. Furthermore, the hand tool segment is sub segmented into snake, auger, plunger, and others. Additionally, the jetters segment is subcategorized into cart jetters, skid mounted jetters, and trailer jetters.
In terms of sales channel, the North America drain cleaning equipment market is segmented into online, retail, and distributors. The retail segment held 42.8% share of North America drain cleaning equipment market in 2022, amassing US$ 227.45 million. It is anticipated to garner US$ 381.35 million by 2030 to expand at 6.7% CAGR during 2022–2030.
By power source, the North America drain cleaning equipment market is divided into hand operated, fuel powered, gas powered, and electric. The electric segment held 46.7% share of North America drain cleaning equipment market in 2022, amassing US$ 247.74 million. It is projected to garner US$ 404.00 million by 2030 to expand at 6.3% CAGR from 2022 to 2030.
Based on country, the North America drain cleaning equipment market is categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 78.8% share of North America drain cleaning equipment market in 2022. It was assessed at US$ 418.60 million in 2022 and is likely to hit US$ 721.52 million by 2030, registering a CAGR of 7.0% during 2022–2030.
Key players operating in the North America drain cleaning equipment market are RIDGID Inc, Nilfisk Holding AS, Spartan Tool LLC, Gator Drain Tools, Gorlitz Sewer & Drain Inc, Flowplant Group Ltd, Duracable Manufacturing Co, Electric Eel Manufacturing Co Inc, and Goodway Technologies Corp., among others.
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