Water Treatment System (Point of Use) Market to Expand at 9.30% CAGR by 2030 | MRFR
Research Reports
Mar 16, 2023
The water treatment systems market growth rate is projected to be 9.30% for the time period that this report covers. The global water treatment systems market value was USD 21.27 billion in 2021. It’s expected to be USD 47.32 billion by 2030.
The system used to purify water to make it consumption fit is called a water treatment system. The installation of such systems are done at waterline connection with individual or multiple source line that are being used in bathroom sinks or kitchen. Technologies, such as UV technology, activated carbon, and reverse osmosis can aid them to function with greater effectively.
The rise in cases of water-borne diseases and increase in initiatives by governments for the supply of purified and clean water can drive the expansion of the water treatment system. The World Health Organization (WHO) have organized several campaigns to raise awareness among people to promote safety and health from waterborne disease.
On the downside, equipment and maintenance solutions of water treatment system are expensive. In addition, the high demand for packaged drinking water owing to their easy handling and portability can challenge the world water treatment system market.
Download Report Sample Copy: https://www.marketresearchfuture.com/sample_request/3078
Market Segmentation
The report details segmental analysis of the world water treatment system market for comprehensive understanding. The market study is based on device, end-use and technology. The device based segments of the water treatment system market are faucet-mounted filters, counter-top units, and other. The technology based segments of the water treatment system market are distillation, filtration, reverse osmosis, and others. The filtration segments are mechanical filters, activated carbon filters, and bio sand filter. The end-use based segments of the global water treatment system market are residential and non-residential. The residential segment can gain high traction in the years to come.
Regional Analysis
Asia Pacific water treatment system (point of use) market accounted for the grand share in the global water treatment system market, followed by North America and Europe. The increased water treatment system practices across Europe and Asia Pacific can prompt the market rise in these regions. High urbanization can cause the Asia Pacific water treatment system market to rise rapidly across emerging regions owing to economic development. The rise need for the same can fuel the high demand for water treatment systems by residential customers. The high number of residential customers those prefer water treatment system to operate over other traditional systems can prompt the installation count. Thus, boost the regional market rise. The high focus of government of EU and North America and reputed authorities on clean water management, plus rise in the awareness for RO systems and water filters across the middle class populations can drive the water treatment system market rise among these developing regions.
Key Players
Pentair Plc. (UK), Panasonic Corporation (Japan), LG Electronics (South Korea), Honeywell International Inc. (US), Hindustan Unilever Limited (UK), COWAY CO., Ltd (South Korea), Culligan (US), Eureka Forbes (India), BWT Aktiengesellschaft (Austria), Tata Chemicals Ltd. (India), Global Water Solutions Ltd. (Jersey), and Whirlpool Corporation (US)
Ask For Customization: https://www.marketresearchfuture.com/ask_for_customize/3078
Table of Content
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Water Treatment System (Point Of Use) Market, By Device
8 Global Water Treatment System (Point Of Use) Market, By Technology
9 Global Water Treatment System (Point Of Use) Market, By End-Use
10 Global Water Treatment System (Point Of Use) Market, By Region
Contact Information:
Contact: Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com
Tags:
Wire, Research Newswire, English