Global Water Design, Build and Operation Market Expected to be Fast-growing, Notes Frost & Sullivan

Global Water Design, Build and Operation Market Expected to be Fast-growing, Notes Frost & Sullivan PR Newswire LONDON, August 1, 2012 - The market will be driven by the global trend of sustainable water management solutions and emergence of unmet needs LONDON, August 1, 2012 /PRNewswire/ -- The global pressure to manage existing water resources more efficiently and to provide sustainable water solutions in terms of water reuse, recycling and desalination plants, adopting smart technologies and reducing carbon footprint, promises attractive upside potential for the water design-build-operate (DBO) market. The demand for integrated water operation and management will further extend outsourcing of water supply and wastewater services, delivering good opportunities for DBO companies specialized in overall project and service provision. New analysis from Frost & Sullivan (http://www.environmental.frost.com), CEO 360 Degree Perspective of the Global Water Design-Build-Operate (DBO) Market, finds that the global municipal water DBO market earned revenues of $84.68 billion in 2011 and estimates this to reach $185.21 billion in 2020. Rapid urbanization, uneven distribution of water services, poor water quality and myopic exploitation of existing resources are urgent issues that sustainable water management solutions can address. A key factor that has resonated profoundly in the water market in the last few years is the need for local solutions in a globalizing marketplace.