Industry Analysis & Industry Trends
Staying afloat
Demand will continue to be strong, as customers look to the industry to provide water for basic needs. Private firms will increasingly take part in mergers and acquisitions to boost efficiency. Furthermore, PUC-granted rate increases will allow players to raise their rates, supporting overall revenue growth... purchase to read more
Industry Report - Industry Products Chapter
Water supply
The main service offered by this industry is water supply. Sales of water account for over 90.0% of revenue and are sold on a localized basis. Water-supply firms locate near key markets and supply water to their customers. As such, the location of large water supply services follows population patterns and firms set up shop near large groups of people. Climatic conditions also play a role in location, and firms gravitate around abundant sources of water. This segment has grown over the past five years as rate increases have been passed down to the customer as higher volumes of water were demanded (as a result of droughts and other adverse climate conditions) and private sector firms became more efficient in their operations... purchase to read more