Underground Infrastructure - June 2023 - 9

Manhole Camera Market
to Top $640 million by 2033
The manhole camera market industry is
expected to grow at a 5.7 percent compound
annual rate from $368.45 million in 2023 to
$641.39 million by 2033, according to a recently
published analysis by Fact.MR.
Rising commercial and industrial
development, rapid urbanization, and increasing
government investments in infrastructure
development projects are all driving market
growth for manhole cameras. Future market
expansion is anticipated to be supported by
factors such as a greater availability of rental
equipment and a trend of contractual machinery
and equipment.
With only a few manhole camera
manufacturers vying for market share,
the manhole camera market was a rather
specialized one. The manhole camera demand
for eff ective infrastructure maintenance has
increased. Consequently, this has resulted in a
continuous rise in the market and the entrance
of new manhole camera manufacturers.
The manhole camera market in North
America is predicted to experience considerable
growth due to factors such as tight hygiene
regulations and high sanitation standards in
nations like the United States and Canada.
Bill to Set Aside Billions
for Water System Upgrades
Sails through Texas House
A bill that was approved by the Texas House by
a vote of 136-8 would establish a new fund to
kickstart signifi cant water supply projects and
repair deteriorating water infrastructure around
the state, The Texas Tribune reported.
According to early draft budgets from the
House and the Senate, the fund might get
between $1 billion and $3 billion to start with.
The Texas Water Development Board, the
Bore_Spacer-Ad_UC_2020.pdf 1 2/24/2020 10:40:27 AM
state agency for water that frequently serves as
a large bank for fi nancing water projects, could
use the special Texas Water Fund created by
Senate Bill 28, which was passed by the Senate
in early April, for water supply projects and
improvements to current water infrastructure.
Additionally, it would establish the New Water
Supply for Texas Fund, whose goal is to produce
7 million acre-feet of water in Texas over the
following ten years, which is more than four
times the capacity of Lake Livingston, one of the
state's biggest reservoirs.
The House legislation would restrict the
use of funds from the New Water Supply for
Texas Fund to a select number of initiatives,
such as supporting brackish and marine water
desalination facilities and importing water from
other states. In order to align with the Senate
version, the House bill will need to add aquifer
storage, potable reuse projects and water loss
mitigation projects to that list.
But in a signifi cant shift from prior water
planning, those projects would not be required
to be included in Texas' statewide water supply
plan, which predicts and plans for the state's
water demands over a 50-year time horizon. UI
C
M
Y
CM
MY
CY
CMY
K
UndergroundInfrastructure.com | JUNE 2023 9
http:\\www.udevices.com http://www.UndergroundInfrastructure.com
Underground Infrastructure - June 2023

Table of Contents for the Digital Edition of Underground Infrastructure - June 2023
