Point-Of-Use Water Treatment Systems Market
Point-Of-Use Water Treatment Systems Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0938
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
Research Methodology: Point-Of-Use Water Treatment Systems Market - Global Market Assessment, 2021 - 2028
The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Moreover, the information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global Point-Of-Use Water Treatment Systems market.
Secondary Research
Primary Research:
In the primary research process, the information gained/procured from the secondary data sources is validated after primary interviews with industry experts across the Point-Of-Use Water Treatment Systems supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Point-Of-Use Water Treatment Systems market size at regional and country level
- Strategic analysis of , , and
- Key industry players and their market share
- Understanding market developments, future growth prospects, and upcoming challenges
Data Triangulation and Market Size Estimations
After the complete market engineering process and arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Point-Of-Use Water Treatment Systems market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Point-Of-Use Water Treatment Systems market.
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?
-
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?
-
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?
-
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?
-
North America was the leading regional segment of the Point-Of-Use Water Treatment Systems in 2020.
