Point-of-Use Water Treatment Systems Market is estimated to grow at a CAGR of 9.3% during the forecast period. The Point-of-Use Water Treatment Systems Market is estimated to reach US$ 16.2 Bn. in 2027 from US$ 27.79 Bn. in 2021
Water treatment systems are used all over the world to treat water. The market for point-of-use water treatment systems consists of sales of point-of-use water treatment systems by entities (organizations, sole proprietorships, and partnerships) that provide a point of use device, which is an installed water treatment device. These systems are commonly installed in bathroom faucets, showers, and beneath kitchen countertops by homeowners and office building owners. Water treatment systems are essentially used anywhere there are water faucets in a wide range of buildings around the world. They remove less water from the environment than other types of water treatment systems. As a result, they are considered the last point of contact for water purification before it is consumed.
Point-of-Use Water Treatment Systems Market Report Scope and Research Methodology:
The report's goal is to present a comprehensive analysis of the Point-of-Use Water Treatment Systems market that includes all industry stakeholders. The report analyses complicated data in simple language to present the past and current state of the Point-of-Use Water Treatment Systems industry, as well as forecasted market size and trends. It examines all aspects of the Point-of-Use Water Treatment Systems industry, with a focus on key players such as market leaders, followers, and new entrants. The Point-of-Use Water Treatment Systems market report examines both external and internal factors that affect the business positively or negatively. By analysing market segments and forecasting market size, the report also aids in understanding Point-of-Use Water Treatment Systems market dynamics and market structure. A clear representation of key players' competitive analysis the report serves as an investor's guide by type, price, financial position, raw material portfolio, growth strategies, and regional presence in the Point-of-Use Water Treatment Systems market. The Point-of-Use Water Treatment Systems Market report includes a PORTER, PESTLE analysis as well as the potential impact of market microeconomic factors.
Point-of-Use Water Treatment Systems Market Overview:
Stellar Market Research, a leading market research firm, has released a competitive intelligence and market research report on the " Point-of-Use Water Treatment Systems Market ". The report includes a detailed analysis of the dynamics and Point-of-Use Water Treatment Systems market size by segment and region, which aids in understanding the market's future potential.
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Point-of-Use Water Treatment Systems Market Key Players:
Pentair PLC (UK)
O Smith Corporation (USA)
Brita LP (USA)
Kent RO Systems Ltd. (India)
Honeywell International (US)
Panasonic Corporation (Japan)
Unilever PLC (UK)
LG Electronics (South Korea)
Coway Co. Ltd. (South Korea)
Best Water Technology AG (Austria)
Toray Industries (Japan)
Point-of-Use Water Treatment Systems Market Dynamics:
Increasing cases of water-borne diseases, rising awareness of the benefits of water treatment, technological advancements, a growing population, and rapid urbanization are all expected to drive market revenue growth.
Strict regulatory guidelines to limit pollution in drinking water, combined with global health awareness, are expected to drive the Point-of-Use Water Treatment Systems Market over the forecast period (2022-2027).
The increasing levels of water pollution, rise in prevalence of water-borne diseases such as typhoid, cholera, malaria, anemia, dengue, and others, and the rising importance of clean drinking water are the major factors of use of water treatment systems market growth drivers during the forecasted period.
Point-of-Use Water Treatment Systems Market Segmentation:
The Global Point-of-Use Water Treatment Systems market is divided into three devices: tabletop, faucet-mounted, and countertop. Countertop units are expected to be the most popular point-of-use water treatment system device on the market. On-counter filters are another name for counter-top filters. Counter-top units have the significant advantage of not necessitating frequent filter changes. However, they do necessitate some plumbing. Counter-top water filters, unlike pitcher water filters, do not chill water.
The Global Point-of-Use Water Treatment Systems market is divided into residential and non-residential applications. Residential is expected to be the largest application segment in the market for point-of-use water treatment systems. The residential application is primarily concerned with the use of point-of-use water treatment systems to generate potable water for domestic consumption. The residential water treatment application is expected to grow rapidly due to the increasing demand for treated drinking water, removal of unpleasant taste, odor, and discoloration, suspended solids, biodegradable organics, and pathogenic bacteria.
The Global Point-of-Use Water Treatment Systems market is classified into RO filters, UV filters, gravity, and others based on technology. The reverse osmosis segment is expected to be the largest in the market for point-of-use water treatment systems in terms of technology. The RO filters segment had the largest market share in 2020. RO is a method of producing pure water that involves passing water through a semipermeable membrane that separates inorganic minerals, organic compounds (including pesticides), and other impurities. RO water purifiers are available in a wide range of sizes and shapes, including wall-mounted, tabletop, under-the-sink, and under-the-counter models.
Point-of-Use Water Treatment Systems Market Regional Insights
Each regional Point-of-Use Water Treatment Systems market is extensively researched to determine its current and future growth prospects. This information assists clients in expanding their businesses. The market report covers all five regions as well as their country distribution. The report also includes information on their Point-of-Use Water Treatment Systems market size and trends.
Key Questions answered in the Point-of-Use Water Treatment Systems Market Report are:
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About Stellar Market Research
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Point-of-Use Water Treatment Systems Market , Exosome Research Market
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
Point-of-Use Water Treatment Systems Market , Point-of-Use Water Treatment Systems Market Size , Point-of-Use Water Treatment Systems Market Share , Point-of-Use Water Treatment Systems Market Growth , Point-of-Use Water Treatment Systems Market Trends
Mar 21, 2023