Water Supply & Irrigation Systems in Canada
The Water Supply and Irrigation Systems industry's performance has been buoyed by high demand and rate hikes over the five years to 2018. Demand for water has remained high since 2013, as a result of droughts and other dry weather conditions. While water sales volumes have plateaued, water prices have increased, enabling industry revenue to grow slightly over the past five years. Industry revenue growth is anticipated to continue over the next five years. Merger and acquisition activity is expected to remain a major component of the industry, as private operators seek to expand their interests and raise profit margins.
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).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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