NewswireToday - /newswire/ -
Cape Town, South Africa, 2007/10/08 - Frost & Sullivan, finds that suppliers with comprehensive customer service packages and industry experience are set to benefit from emerging markets for servicing, upgrades of existing equipment and installation of new water treatment plants.
The need for legislative compliance, complex industrial requirements and the increasing costs of raw water have made substantial investments in water and wastewater treatment equipment both legally and economically viable in South Africa.
New analysis from Frost & Sullivan (environmental.frost.com), South African Industrial Water and Wastewater Treatment Equipment Market End-User Analysis, finds that suppliers with comprehensive customer service packages and industry experience are set to benefit from emerging markets for servicing, upgrades of existing equipment and installation of new water treatment plants.
“The South African industrial market for water and wastewater treatment equipment is growing at an annual average growth rate of over 8 per cent,” says Frost & Sullivan Research Analyst Moses Duma. “This robust growth is driven by the increasing pressure on companies to manage their environment responsibly, operations which demand clean and high quality water, and general industrial growth of over 5 per cent.”
The majority of South Africa’s industrial water users have embarked on substantial investments in upgrading and/or expanding their existing water and wastewater treatment equipment as well as installing new water treatment plants. This opens new market opportunities for servicing existing equipment as well as outsourcing of water and wastewater treatment functions.
However, the move by industrial water users towards water and wastewater treatment is being hampered by the prohibitive costs of most equipment. The market is also restrained by the unwillingness of decision makers to adopt new technology and the shortage of skills to operate complex technology.
“The majority of industrial water and wastewater treatment equipment end-users are reluctant to use new technology since they still feel that the equipment is over priced and too complex to operate,” explains Duma. “Industrial customers are more inclined to deal with suppliers who provide a comprehensive package of customer service, which will help them better operate new technology, thereby eroding their reluctance to embrace the same.”
Globalisation has increased the access of all suppliers to high-quality technology, thus limiting the traditional advantage gained from product quality and innovation. Suppliers will, therefore, need to concentrate on offering high-quality customer service in order to gain the competitive edge.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the South African Industrial Water and Wastewater Treatment Equipment End-user Analysis, then send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com with your full name, company name, title, telephone number and email address. Upon receipt of the above information, an overview will be sent to you by email.
South African Industrial Water and Wastewater Treatment Equipment End-User Analysis is part of the Environmental Growth partnership Services program, which also includes research in the following markets: South African Municipal Water and Wastewater Treatment Equipment End-user Analysis, European Industrial Process Water and Wastewater Treatment Equipment Markets, Industrial Water Recycling and Reuse Equipment Markets in Europe and Middle East, South African Water and Wastewater Treatment Equipment Market and Strategic Analysis of the U.S. Water Disinfection Equipment Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are with the press are available.
About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.