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SourcesLuxResearchEnergyStorageTransportationandSmartGridKingandLingBottledWaterPikeResearchDesalination.Estimateswereadjustedtocomparable2015valuesbyFourthEconomy.Themarketorbottledwaterbeatsthemall.WeneedtobegintoappreciatethatwaterisacriticalgrowthmarketortheworldandpotentiallyorsouthwesternPennsylvania.Theglobalmarketorbottledwaterwas61billionin2006anditisprojectedtoexceed86billionin2011.10Thisdemandisdrivenbydierentconsumerneeds.InplacesliketheUnitedStatesitisacombinationoconvenienceandapreerenceorahealthieralternativetosodasandotherconveniencebeverages.Inotherpartsotheworldhoweverbottledwateristheonlysaealternativeordrinking.Theregionhasonlysevenestablishmentsproducingbeveragesandbottledwater.11Despitethegrowingmarketdemandwehavenot-20.040.060.080.0100.0120.08.115.88.316.686.4103.520102015BenchmarkMarketEnergyStorageTechnologiesDesalinationBottledWaterInvestmentNeedAmountTimerameSourcePennsylvaniaDrinkingWaterInrastructure39B20yearsASCERegionalStormwaterInrastructure5-15B10to20yearsASCEPWSA3RWWIOPPhiladelphiaStormwaterManagement1.6B20yearsPhiladelphiaWaterDepartmentTheregionmaintainsanestimated4000milesosewerlines.TheASCEratedthestatesstormwaterinrastructureasaD-.InsouthwesternPennsylvaniatheestimatesrangerom5billionto15billiontoimproveourstormwaterandCombinedSewerOverowCSOinrastructure.Thecostmaybeevenhigherbecauseitisnotclearthattheseestimatesincludethedollarsneededorthepeoplewhohavenotreatmentailingonlotsystemsorsmallpackagesystems.Usingthemostconservativeestimateitheregioninvests5billiontoupgradeitswaterandsewerinrastructurethisspendingwillimpactmorethan60percentothe500industriesinsouthwesternPennsylvania.Anestimated5300constructionjobsor500jobsperyearor10yearswillbesustainedbythisinvestmentwithanadditional9400jobsinotherindustries.12Wedonttypicallythinkowaterasanindustryinpartbecauseitissoundamentaltoourlivesanditimpactspeopleandbusinessesinsomanywaysthatitisdiculttograsp.Ithelpstobreakitdownsowebeginwithsomedierentperspectivesonthemarketorwaterandhowthatcomparestosomeotherhighproflesectors.Reportsonmarketsectorscancostanywhererom500to5000perreportsowecannotprovidecomprehensivedataoneverysector.Thereoreweprovideonlyasamplingoavailablemarketdataorcomparisonpurposes.Thecurrentandprojectedmarketorwaterdesalinationiscomparabletothemarketorenergystoragetechnologies.developedabottledwatersectorintheregion.Consolidationinbeveragesandoodmanuacturingdemonstratethatglobalconglomerateswithestablishedmarketinganddistributionchannelsaredominatingthesemarketsnotthepresenceolocalresources.CitizensosouthwesternPennsylvaniaspendabout1.3billioneachyeartotreattheirdrinkingwater.TheAmericanSocietyoCivilEngineersASCEratedPennsylvaniasdrinkingwaterinrastructurewithaDor2010.ASCEestimatesthatthestatewillhavetospend39billionoverthenext20yearstoimprovedrinkingwaterinrastructurealone.Theregionsmunicipaldrinkingwatersystemiscomplexbecauseitisincludesanumberosmallsystems.ThePittsburghWaterandSewerAuthorityalonemaintainsmorethan930milesowaterlinesmorethan1200milesosewerlinesandmorethan25000valves.Figure3BenchmarkingInternationalWaterSupplyMarketsTable5Water-RelatedInvestmentDrivers11