Navigation Links
Water Supply & Irrigation Systems in Canada Industry Market Research Report Now Available from IBISWorld
Date:3/10/2013

Los Angeles, CA (PRWEB) March 10, 2013

The Water Supply and Irrigation Systems industry's performance has been buoyed by high demand over the five years to 2013, according to IBISWorld industry analyst Nima Samadi. Revenue is expected to increase an average 3.0% annually to $6.4 billion during the period. Despite the recession, demand for water remained high since 2008, as droughts and other dry weather conditions created a need for it. While water sales volumes grew, industry players passed on increased rates for water supply to customers. These rate increases are expected to continue, and industry revenue is anticipated to grow 3.7% in 2013. Canada's water rates have increased aggressively over the past five years. According to Environment Canada's 2011 Municipal Water Pricing Report, at a consumption level of 25 cubic meters per month (the average consumption of a three-person household), rates rose 24.4% from 2006 to 2009, from $42.91 to $53.39. Industry revenue has grown alongside rate increases. These increases have been justified by the need to repair the county's aging infrastructure. According to Environment Canada, Canadian municipalities currently face $31.0 billion in costs in necessary repairs and maintenance of existing infrastructure, and an additional $56.6 billion for new infrastructure.

Private operators have gained market share in the industry through a flurry of merger and acquisition (M&A) activity, continues Samadi. During the recession, many public entities had trouble raising revenue from taxes and bonds, and they were unable to invest in operations that needed upgrading. Private firms stepped in to acquire these struggling operators and expanded their stake in the industry by upgrading aging assets for a profit. These firms in turn increased rates, which helped sustain industry revenue growth. The Water Supply and Irrigation Systems industry has low level of market share concentration. In 2013, the top industry operators are Veolia Water Co. and EPCOR Utilities Inc. Many industry companies receive contracts that can last between two and 20-plus years; some contracts can even be in perpetuity. This operating environment creates market share stability.

The next five years are set to be even brighter for the industry. M&A activity will remain a major component of the industry as private firms seek to expand their interests and raise their profit margins. While firms will acquire nearby struggling operations to benefit from economies of scale, they will also expand by adding new customers. Firms that buy struggling companies will invest in making water supply assets more efficient, which will likely lead to further rate increases for the industry. As a result of these trends, revenue is anticipated to rise in the five years to 2018. For more information, visit IBISWorld’s Water Supply and Irrigation Systems in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry operates water collection, treatment and distribution systems for domestic and industrial needs. The water supply distribution activities conducted by this industry are generally supplied directly to end users. Companies that treat wastewater are excluded from this industry and included in the Sewage Treatment Facilities industry (IBISWorld report 22132CA).

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.ca or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2013/3/prweb10514437.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Herbal defluoridation of drinking water
2. A Milestone: Pool Services Technologies Just Conserved 7.5 Million Gallons of Water in San Diego
3. Stroud launches Watershed Restoration Group to ensure water quality
4. Alanna Waters, Lacrosse Coach, Comments on Story Regarding Lacrosse’s Influence on a Young Transplant Patient
5. First of its kind, patented EDC Removing Water Purifier System
6. H2Only Renewable Cleaning Announces New Vocabulary Term for Cleaning - "ewater"
7. Dave Haataja - Water Quality Association’s (WQA’s) Executive Director - Joins The Healthy Facilities Institute (HFI) Advisory Board
8. Clean Water Systems & Stores Inc Technicians Achieve Certified Water Specialist Status and Advanced Training in Water Treatment Technologies
9. Water-Tubing Injuries on the Rise
10. Psychiatric Meds in Water Supply May Alter Fish Behavior
11. Aqua-Aerobic Systems, Inc. Provides Solutions for Removing Phosphorus from Wastewater for the Town of Lee, MA, Contributing to the Plant’s Recent Award from the US EPA
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... 2016 , ... On June 10-11, 2016, A Forever Recovery, a holistic treatment ... Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is located. This ... of the world’s leading providers of cereal and other breakfast foods. Its residents often ...
(Date:6/26/2016)... , ... June 26, 2016 , ... ... once they have been diagnosed with endometriosis. These women need a treatment plan ... require a comprehensive approach that can help for preservation of fertility and ultimately ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX ... Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms over ... Cut Pro X . Simply select a ProHand generator and drag it above media ...
(Date:6/25/2016)... ... ... Friday, June 10, Van Mitchell, Secretary of the Maryland Department of Health and Mental ... exemplary accomplishments in worksite health promotion. , The Wellness at Work Awards took place ... BWI Marriott in Linthicum Heights. iHire was one of 42 businesses to receive an ...
(Date:6/24/2016)... ... 24, 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. ... the benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has ... , Sickle Cell Disease (SCD) is a disorder of the red blood cells, which ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... Belgium , June 24, 2016 ... the appointment of Dr. Edward Futcher ... Non-Executive Director, effective June 23, 2016.Dr. Futcher was ... Nominations and Governance Committees.  As a non-executive member ... independent expertise and strategic counsel to VolitionRx in ...
(Date:6/23/2016)... , June 23, 2016 Any dentist who has ... of the current process. Many of them do not even ... technical difficulties and high laboratory costs involved. And those who ... it at such a high cost that the majority of ... Dr. Parsa Zadeh , founder of Dental Evolutions ...
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
Breaking Medicine Technology: