Water Treatment Systems Industry Is Driven By The Growing Concerns Over The Depletion Of Freshwater
Water Treatment Systems Industry Data Book Covers Point of Use Water Treatment Systems and Point of Entry Water Treatment Systems Markets.
The economic value generated by the water treatment systems industry was estimated at approximately USD 35,035.9 million in 2022.
Access the Global Water Treatment Systems Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies.
Point Of Use Water Treatment Systems Market Growth & Trends
The global point of use water treatment systems market size is expected to be valued at USD 54.5 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 19.0% from 2023 to 2030. Increasing water pollution, coupled with growing awareness regarding a healthy lifestyle, is a key factor propelling the market growth. Increasing adoption of water purifier systems is predicted to drive the global market over the forecast period. Favorable government laws to ensure the supply of clean and potable drinking water are further expected to augment business growth in the coming years.
The increasing demand for clean water, coupled with growing investments to boost efficiency, is likely to provide a boost to the market growth over the forecast period. A significant reduction in the costs of raw materials and components, along with favorable government initiatives, is likely to encourage the growth of the market. Governments across the globe are encouraging wider adoption of water treatment systems to avoid an epidemic of water-borne diseases. For instance, the WHO’s Water, Sanitation and Hygiene (WASH) project initiative has targeted a worldwide elimination of diarrhea and untreated excreta that contaminates groundwater and surface waters used for irrigation, drinking water, household purposes, and bathing.
In terms of technology, reverse osmosis systems held over 30.0% share based on revenue in 2021. Established technology, coupled with the economical costs of units in comparison to other technologies, is predicted to have a positive impact on the growth of the market by 2030. The filtration methods segment size is predicted to be valued at USD 14.0 billion by 2030. Higher efficiency, enhanced capacity, and affordable pricing are projected to boost market growth during the forecast period.
Order your copy of Free Sample of “Water Treatment Systems Industry Data Book - Point of Use Water Treatment Systems and Point of Entry Water Treatment Systems Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Point Of Entry Water Treatment Systems Market Growth & Trends
The global point of entry water treatment systems market size is expected to reach USD 13.86 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to grow at a CAGR of 5.1% from 2023 to 2030. Increasing water pollution and growing urban population leading to the increased demand for clean water are factors augmenting the demand for point of entry water treatment systems.
The increasing level of contaminants in water sources is anticipated to drive the demand for point of entry water treatment systems to ensure a safe water supply. Furthermore, shifting focus from conventional water purifiers toward technologically advanced water purifiers on account of rising contamination levels in water sources is expected to complement the market growth.
The exponential growth in the global population over the past five decades has exerted considerable pressure on the natural resources available on the planet, especially air and water. Rapid industrialization and increasing agricultural activities on account of population growth are anticipated to augment the demand for water treatment systems.
Go through the table of content of Water Treatment Systems Industry Data Book to get a better understanding of the Coverage & Scope of the study.
Competitive Landscape
Key players operating in the Water Treatment Systems Industry are –
• Pentair plc • 3M • A.O. Smith • EcoWater Systems • Panasonic Corporation • Amway • Kent RO Systems Ltd. • LG Electronics • BWT AG • Coway Co. Ltd. • DuPont • Watts Water Technologies Inc
Grand View Research’s Water Treatment Systems Industry data book is a collection of market sizing information & forecasts, regulatory data, competitive benchmarking analyses, macro-environmental analyses, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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