The point of entry water treatment systems global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Point Of Entry Water Treatment Systems Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The point of entry water treatment systems market size has grown strongly in recent years. It will grow from $9.08 billion in 2023 to $9.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to water quality concerns, regulatory compliance, industrialization and urbanization, health awareness.
The point of entry water treatment systems market size is expected to see strong growth in the next few years. It will grow to $13.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to population growth, climate change impactss, increased water contaminants, government initiatives. Major trends in the forecast period include smart water treatment solutions, modular and scalable systems, customization for specific contaminants, point-of-use integration, collaborations and partnerships.
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Scope Of Point Of Entry Water Treatment Systems Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Point Of Entry Water Treatment Systems Market Overview
Market Drivers –
An increase in the consumption of treated water is expected to propel the growth of the point of entry water treatment systems market going forward. Treated water refers to a technique that enhances the quality of water to make it suitable for a particular end-use, such as drinking, irrigation, industrial, and water recreation use. Consumption of treated water offers advantages such as pathogen and bacteria-free water, a better quality of water in terms of taste and smell, removal of toxic metals, and reduced dependency on plastic bottles. Due to the advantages of treated water, its consumption is increasing, which drives the demand for point-of-entry water treatment systems. For instance, in May 2022, according to the International Bottled Water Association, a US-based trade association, Americans consumed 15.7 billion gallons of bottled water in 2021, up 4.7% from the previous year. That means, on average, each American drank 47 gallons of bottled water in 2021, a 3.9% increase over the previous year.. Therefore, an increase in the consumption of treated water is driving the demand for the point of entry water treatment systems market.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The point of entry water treatment systems market covered in this report is segmented –
1) By Device: Faucet-Mounted Filters, Table-Top Pitchers, Countertop Units, Under-The-Sink Filters, Other Devices
2) By Technology: Reverse Osmosis System, Distillation Systems, Disinfection Methods, Ultrafiltration Systems, Water Softeners, Other Technologies
3) By Application: Residential, Commercial
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Regional Insights –
North America was the largest region in the point of entry water treatment systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the point of entry water treatment systems market share during the forecast period. The regions covered in the point of entry water treatment systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the point of entry water treatment systems market report are 3M Company, Honeywell International Inc., General Electric Company, Best Water Technology AG, Calgon Carbon Corporation, Pentair plc, Dow Inc., Danaher Corporation, Watts Water Technologies Inc., Culligan International Company, Acuva Technologies Inc., Canature Environmental Products Co. Ltd., DuPont Inc., Aquasana Inc., EcoWater Systems LLC, Kinetico Incorporated, RainSoft Water Conditioning Company, Water-Right Inc., WaterBoss Inc., Aquion Inc., Aquatech International Corporation, Bluewater Group AB, Enpress LLC, Evoqua Water Technologies LLC, Hellenbrand Inc., Hydranautics, Kemira Oyj, Kurita Water Industries Ltd., Marlo Incorporated, Enviro Water Solutions Inc.
Table of Contents
1. Executive Summary
2. Point Of Entry Water Treatment Systems Market Report Structure
3. Point Of Entry Water Treatment Systems Market Trends And Strategies
4. Point Of Entry Water Treatment Systems Market – Macro Economic Scenario
5. Point Of Entry Water Treatment Systems Market Size And Growth
…..
27. Point Of Entry Water Treatment Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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