The global Point Of Entry Water Treatment Systems market size is expected to be worth around US$ 20.4 billion by 2030, according to a new report by Vision Research Reports.
The global Point Of Entry Water Treatment Systems market size was valued at US$ 9.81 billion in 2020 and is anticipated to grow at a CAGR of 5.6% during forecast period 2021 to 2030.
|3M; Honeywell International Inc.; DuPont Inc.; General Electric; Pentair plc; BWT Aktiengesellschaft; Culligan; Watts Water Technologies Inc.; Aquasana, Inc.; Calgon Carbon Corporation|
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.
By Technology Analysis
Reverse osmosis systems led the market and accounted for a 18.0% share of the global revenue in 2020. The increasing need for industrial process water, coupled with the rising middle-income groups, is expected to have a positive impact on the market growth.
Water softening is the process of eliminating magnesium, calcium, and other metals from the hard water. Hard water contains large amounts of lime, which leads to the build-up of material.
Distillation systems are estimated to expand at a CAGR of 6.8% from 2021 to 2030. Distillation systems can effectively remove various micro-contaminants, along with chemical contaminants and other organic chemicals, making them effective for most of the pollutants.
The demand for filtration systems in the point of entry water treatment systems has been on the rise owing to the increased efficiencies offered by various manufacturers.
By Application Analysis
The non-residential application segment led the market in 2020 and accounted for over 71.0% share of the global revenue owing to the growing commercial structures.
Point of entry water treatment systems have a large capacity as they are installed at the water inlet and therefore, are the preferred technology to cater to places where large volumes of water are required.
The residential application segment is expected to expand at a CAGR of 4.4% over the forecast period on account of the growing urbanization and increasing demand for various types of water dispensers, thereby leading to the rising demand for water treatment systems.
Increasing consumer income, along with growing awareness regarding water treatment and contamination, is expected to boost the demand for point of entry water treatment systems in residential applications.
By Regional Analysis
Asia Pacific led the market and accounted for over 35.0% share of the global revenue in 2020. Rapid industrialization and urbanization in the region, coupled with improving public infrastructure, including healthcare, transportation, and sports facilities in countries, such as China, India, and South Korea, are expected to have a positive impact on the market growth over the forecast period.
Increasing investments in the chemical, pharmaceutical, food and beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment systems in North America over the forecast period.
The Point Of Entry Water Treatment Systems market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Point Of Entry Water Treatment Systems market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Point Of Entry Water Treatment Systems market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Point Of Entry Water Treatment Systems market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Point Of Entry Water Treatment Systems market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Point Of Entry Water Treatment Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Point Of Entry Water Treatment Systems by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Point Of Entry Water Treatment Systems market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Point Of Entry Water Treatment Systems market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Point Of Entry Water Treatment Systems market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Point Of Entry Water Treatment Systems industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Point Of Entry Water Treatment Systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Point Of Entry Water Treatment Systems market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Point Of Entry Water Treatment Systems market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Point Of Entry Water Treatment Systems market. These factors have benefited the growth of the global market for Point Of Entry Water Treatment Systems. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Point Of Entry Water Treatment Systems. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Point Of Entry Water Treatment Systems are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are: