According to global water market insight firm Bluefield Research, capital expenditures (CAPEX) for U.S. municipal water and wastewater utilities – including spending on pipes, plants and pumps – are expected to exceed $532 billion between 2016 and 2025. This new outlook, compiled heavily from planned utility budgets, represents a 28 percent increase over CAPEX during the last 10 years.
“Our research indicates that the water utility sector has finally emerged from the economic downturn, which undercut public spending in water infrastructure by almost 15 percent from 2009 to 2014,” according to Reese Tisdale, president of Bluefield Research. “We anticipate a surge of network upgrades to address aging infrastructure, scaling populations and tightening environmental regulations nationwide that will usher in new infrastructure technology and financing solutions.”
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