Pipe network assets—hydrants, manholes, and valves—are crucial components of water distribution and wastewater collection systems. Hydrants provide water for firefighting and are flushed to remove contaminants from the municipal water supply. Manholes grant access to sewer systems and seal them against stormwater inflow and other damaging infiltration. Valves maintain pipe pressure, regulate flow, and isolate segments of water and sewer networks for needed repairs.
In the U.S. and Canada, municipal utilities have set the stage for over US$65.3 billion in pipe network asset spend—including equipment, construction, engineering and design, and other installation costs—between 2026 and 2035. The scope of underground network infrastructure improvements and additions varies widely by region, state, and geography (urban/rural) because of local demand, labor markets, regulatory compliance, and funding availability.
This 2026–2035 forecast projects capital expenditures for manholes, hydrants, and valves in the U.S. and Canada, segmented by geography, project type, asset type, and water type.
Table of Contents
- Research Methodology
- Forecast Methodology
- Assumptions: Unit Costs by Asset Type
- Three Asset Categories Define the Pipe Network Market
- Forecast Scenarios Anticipate Material Price Volatility
- Pipe Network Assets Track Infrastructure Investment
- Largest Markets—Not Necessarily the Fastest-Growing
- Wastewater Accounts for Two-Thirds of CAPEX
- Project Mix Varies Significantly by Asset Type
- Manholes Drive Growth Across Pipe Network Assets
- Core Diameter Classes Drive Pipe Network Asset Spend
