Sewer Cable Market

COVID-19 Impact analysis

• The COVID-19 pandemic halted the production of various products in the sewer cable industry, which has resulted in a global lockdown. This has hampered the growth of sewer cable market in the last few months and is likely to continue through 2021.
• COVID-19 has substantially affected the urban infrastructure industry. This has resulted in a steep decrease in the maintenance activities in developing economies. Thus, affecting the sales of sewer cables in the first half of 2021, which is anticipated to cause a negative impact on the market’s growth in 2022.
• The major demand for sewer cables was previously noticed in countries including Germany, the U.S., the UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand for sewer cables.
• Further, the potential impact of the lockdown is currently vague and the financial recovery of companies is totally based on their cash reserves. Sewer cable manufacturers can afford declining sales only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary, few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
• Sewer cable manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distance, as well as ensuring the vaccination of every employee in the company can assist in promoting the health and safety of the workforce. 

Top Impacting Factors

Increase in global population creates a demand for buildings to serve residential and commercial purposes. Building sewers play a key role in maintaining hygienic conditions in the building’s premises. The clogging of sewers can severely affect the hygiene and ambience of the building, thereby posing health risks to the occupants. Thus, the need for frequent maintenance to prevent malfunctioning of sewer systems is a major driver in growth of sewer cables. The availability of sewer cables in a wide range of sizes makes them suitable for use in residential, commercial, and municipal applications. However, the limitations on cleaning bent sewer lines restrain the growth of sewer cable market. The availability of wide range of a sewer cleaning machines simplifies the processes of sewer cleaning, thereby reducing the need for manual labor. For instance, Milwaukee Tool offers the MX Fuel Screw Drum Machine, which is equipped with cable drive, a system that automatically retracts and feeds the cables, thereby reducing the requirement for human input.  Thus, development of more efficient drain cleaning machines offers lucrative growth opportunities for the cable sewer market. 

Market Trends

• Manufacturers of cable sewers are focused on offering more durable products. For instance, RJM Equipment Sales, Inc. offers a wide range of sewer cables that are manufactured using as special stress relieving process that prevents breaking and increases the life of the cables. 
• Major players in the industry are providing a large variety of replacement products. For instance, MyTana LLC provides a wide range of replacement cables, leader cables, fittings, reels, and other components of the sewer cleaning machine. This reduces the maintenance cost of the cleaning machines. 

Key Benefits of the Report

• This study presents the analytical depiction of the sewer cable industry along with the current trends and future estimations to determine the future investment pockets.
• The report presents information related to key drivers, restraints, opportunities, and the sewer cable market share.
• A quantitative analysis highlights the sewer cable market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market. 
• The report provides a detailed sewer cable market analysis based on competitive intensity and how the competition will take shape in coming years.