Point-Of-Use Water Treatment Systems Market
Point-Of-Use Water Treatment Systems Market Global Industry Assessment & Forecast
Segments Covered
- By Product Distillation Systems, Reverse Osmosis Systems, Ion Exchange Systems, Air Stripping/Aeration, Other
- By Application Residential, Industrial Manufacturing, Others
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 17.21 Billion |
Revenue 2028: | 33.72 Billion |
Revenue CAGR (2021 - 2028): | 8.77 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Product Analysis: Preview On the basis of Product,
the market is segmented into Distillation Systems, Reverse Osmosis Systems, Ion Exchange Systems, Air Stripping/Aeration, Other,. Distillation Systems held the highest
share in the global Point-Of-Use Water Treatment Systems market and
is projected to witness the same trend during the forecast period. Application Analysis:
Preview Based on Application,
the market is segmented into Residential, Industrial Manufacturing, Others. Residential accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Analysis:
Preview
Based
on , the market is segmented into .
dominates the global Point-Of-Use Water Treatment Systems
market and is expected to continue the same trend from 2021 to 2028.
Global Point-Of-Use Water Treatment Systems Market: Product Segment Analysis
-
- Distillation Systems
- Reverse Osmosis Systems
- Ion Exchange Systems
- Air Stripping/Aeration
- Other
Global Point-Of-Use Water Treatment Systems Market: Application Segment Analysis
-
- Residential
- Industrial Manufacturing
- Others
FAQ
Frequently Asked Question
What is the global demand for Point-Of-Use Water Treatment Systems in terms of revenue?
-
The global Point-Of-Use Water Treatment Systems valued at 17.21 Billion in 2020 and is expected to reach 33.72 Billion in 2028 growing at a CAGR of 8.77%.
Which are the prominent players in the market?
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The prominent players in the market are Panasonic, LG Electronics, Pentair, Unilever, Alticor, Honeywell International, Coway, Koninklijke Philips, Best Water Technology (BWT), 3M Company.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 8.77% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Point-Of-Use Water Treatment Systems include
- The growing concerns regarding safe drinking water in emerging nations is anticipated to augment the growth of the market within the estimated timeframe. According to WHO, 2.2 billion people lack access to safely managed drinking water services and almost 2 billion people depend on health care facilities without basic water services. Furthermore, over half of the global population or 4.2 billion people lack safely managed sanitation services and 297,000 children under five die every year from diarrhoeal diseases due to poor sanitation, poor hygiene, or unsafe drinking water. Thus, the installation of point-of-entry water treatment systems becomes necessary across the globe.
- Additionally, the growing human population and greater awareness about the benefits of water treatment along with the technological developments in the treatment systems is further expected to support the growth of the market in near future.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Point-Of-Use Water Treatment Systems in 2020.