|By PR Newswire||
|January 28, 2014 10:52 AM EST||
NEW YORK, Jan. 28, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
Uncharted Territories in the WWWT Map Offer Specific Opportunities
The water and wastewater treatment market in Brunei, Hong Kong, Maldives, and Taiwan is likely to offer mid- to long-term business opportunities for market participants with specific opportunities, which are often mutually exclusive. The need for water and wastewater treatment varies in these countries due to the level of market maturity, market demand, and the use of advanced technologies. Brunei and Taiwan strive for better industrial WWWT applications, while Hong Kong is set to explore desalination as a viable treatment option in the future. Maldives will continue to focus on improving water supply and sanitation for its tourism industry.
Executive Summary—CEO 360 Perspectives
•Water management in island countries such as Maldives, Hong Kong, and Taiwan are unique as they are constrained by size, isolated from mainland, and have limited natural resources.
•Increasing urbanization in Brunei, Taiwan, and Maldives will influence major investments for WWWT needs in the near future as increasing urbanization will boost up the rising demand of clean water.
Industry Convergence and Technology
•All four countries have well-established water treatment infrastructures that use various treatment technologies; this ensures approximately X% of the population have potable water supply.
•Hong Kong has one of the most efficient WWWT infrastructure in Asia-Pacific, with utilization of wide range of chemical and anti-bacterial purifying technologies.
•While Maldives has emphasized on the service sector, particularly in tourism, the government aims to expand its industrial sector's contribution to the GDP. Textile manufacturing, food processing, and communications are the key industries that will play a significant role in the country's economy.
•As the governments are the major stakeholders in the water industry, water price is usually subsidized, thereby resulting in a relatively low water rate in these countries.
Competitive and Best Practices
•Strict government regulations in Taiwan have created a demand for industrial WWWT equipment and wastewater recycling systems, with customers being high-tech manufacturing firms.
•While all Xcountries are relatively open to private investments in their water industries, market participants that could provide specific solutions would stand a better chance in market penetration and expansion. For low-cost simple technologies, local market participants may have the market advantage and necessary networks.
•Taiwan's growth in semiconductor industry will spur the demand for industrial water treatment systems. In Brunei, the demand is propelled by its oil and gas industry and local manufacturing sector.
•With the exception of Taiwan, the government and related entities are the biggest customers of WWWT equipment and services.
1. Expansion and retrofit of existing WWWT plants are the focus in all countries.
2. Rural development in WWWT, especially in Brunei, is emphasized. Maldives has the focus on remote WWWT systems in tourist spots.
3. Foreign market participants, especially technology suppliers, are needed, although local service providers are present, mainly in Hong Kong and Taiwan.
4. Reduction of non-revenue water (NRW) and reuse of wastewater are key improvement areas in all countries.
5. In terms of prioritization, foreign market participants should target the countries in the following order: Taiwan, Brunei, Hong Kong, and Maldives.
Water and Wastewater Treatment (WWWT) Market
Products and services related to treatment of water and wastewater such as membrane, disinfection equipment, and design-engineering-construction of new treatment plants or systems. It excludes ancillary equipment such as valves, pipes, and electrical fittings and services such as laboratory tests, water pollution controls, and site remediation. It also excludes construction and equipment for water catchment area, dams, and reservoirs.
Unless otherwise indicated in this study, market size refers to capital expenditure of products and services within the WWWT markets. Expenditure includes spending on municipal and industrial plants (excluding agriculture); expenditures can be public and private. It excludes operation expenditure, official development assistance (ODA), and any form of foreign aids.
Compound annual growth rate (CAGR) is the year-over-year growth rate of a market size or investment over a specified period of time.
Unless otherwise indicated in this study, selected countries or territories included in the research service are Brunei, Hong Kong, Maldives, and Taiwan. (Note: Hong Kong and Taiwan may not be recognized as 'countries' politically. However, for the purpose of this research service, they are referred as countries.)
•Hong Kong and Taiwan are categorized as innovation-driven economies and they are the strongest among the Xcountries covered in this study. Brunei, on the other hand, is seen to be at the transition stage from factor-driven to efficiency-driven economy.
•In terms of relative competiveness, Hong Kong ranked the highest, followed closely by Taiwan and Brunei.
•Official Name: Brunei Darussalam
•Government Type: Constitutional Sultanate
•In 2012:111st largest economy in the world; 38th largest economy in Asia
•The economy is dominated by the oil and gas industry for the past X years, and Brunei is the third-largest oil producer in Southeast Asia and fourth-largest producer of liquefied natural gas in the world.
•The Brunei Government encourages more foreign investment where there is no personal income tax or capital gains tax.
•Small but wealthy economy is growing at slow and steady rate with an average inflation rate of X% over the past X years.
•Bruneians enjoy one of the highest standards of living in the world. The government subsidize housing, electricity, water, oil, medical services, and free education through to university level.
Table of Contents
1. Executive Summary
3. Market Overview
4. Mega Trends
5. Industry Convergence and Technology
7. Competitive and Best Practices
9. Future Direction of Water and Wastewater Treatment Market in Brunei, Hong Kong, Maldives, and Taiwan
10. The Frost & Sullivan Story
To order this report: Water and Wastewater Treatment (WWWT) Market in Brunei, Hong Kong, Maldives, and Taiwan - A CEO 360 Degree Perspective
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