The global water
treatment systems market size is projected to be valued at USD 44.01
billion by 2025, according to a new report by Grand View Research, Inc.,
exhibiting a 7.1% CAGR during the forecast period. Rising water pollution,
along with growing awareness of a healthy lifestyle, is predicted to boost the
market.
Increasing awareness regarding the importance of clean
water and subsequently growing adoption of purifier systems is expected to
boost the global market by 2025. Government regulations to safeguard supply of
potable water are predicted to further enhance market growth over the forecast
period.
Soaring demand for potable water and increasing
investments to manufacture efficient water treatment units are also predicted
to encourage market growth over the coming years. In addition, significant
reduction in production costs and easy availability of these units will spur
the market. Developing countries have been offering financial benefits to
encourage the adoption of water treatment units.
The residential segment, which includes small and
large homes, residential properties, and households, was worth USD 6.83 billion
in 2016. The non-residential segment is expected to exhibit the fastest CAGR of
7.6% over the forecast period. This segment includes industrial units,
commercial establishments, educational institutions, and healthcare, transport,
and recreational facilities.
In terms of technology, distillation methods amounted
to USD 3.60 billion in 2016 and the segment is predicted to witness robust
growth over the forecast period. Enhanced capacity, affordable pricing, and
higher efficiency are predicted to encourage the segment’s growth by 2025. In
2016, filtration methods accounted for 17.7% of the global water treatment
systems market. High adoption of the technology, coupled with lower manufacturing
costs compared to other prevailing technologies, is projected to segment
growth.
Browse full research report on Water Treatment Systems Market: https://www.grandviewresearch.com/industry-analysis/water-treatment-systems-market
Further
key findings from the report suggest:
- The U.S. water treatment systems market revenue is projected to
expand at a CAGR of 3.3% over the forecast period. Favorable regulations,
along with economic benefits offered by manufacturers and distributors of
these units, are projected to enhance business growth by 2025
- The U.K. market, in terms of volume, accounted for 32.3 million
units in 2016. Point of entry systems find greater adoption in the
country, given the advanced sense of aesthetics prevailing among most
customers
- The India water treatment systems market is expected to reach USD
3.64 billion over the forecast period. As of 2016, the country was among
the largest markets in the region, coupled with having the second largest
population in the world and widespread water contamination and pollution
prevalent in the country.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment
Grand
View Research has segmented the global water treatment systems market on the
basis of installation, technology, application, and region:
Water
Treatment Systems InstallationOutlook (Volume, Million Units; Revenue, USD Billion,
2014 - 2025)
- Point of Use
- Point of
Entry
Water
Treatment Systems Technology Outlook (Volume, Million Units; Revenue, USD
Billion, 2014 - 2025)
- Reverse
Osmosis systems
- Distillation
systems
- Disinfection
methods
- Filtration
methods
Water
Treatment Systems ApplicationOutlook (Volume, Million Units; Revenue, USD
Billion, 2014 - 2025)
- Residential
- Non-residential
Water
Treatment Systems Regional Outlook (Volume, Million Units; Revenue, USD
Billion, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- Russia
- U.K.
- Spain
- Italy
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Central &
South America
- Brazil
- Middle East
and Africa
- UAE
- Saudi Arabia
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment