Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.49 Billion | USD 14.57 Billion | 4.88% | 2023 |
Zion Market Research has published a report on the global Point of Entry Water Treatment Systems Market, estimating its value at USD 9.49 Billion in 2023, with projections indicating that it will reach USD 14.57 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.88% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Point of Entry Water Treatment Systems industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Point-of-entry water treatment systems are deployed at key water lines which are the main entry point of water for commercial, residential, and industrial spaces. In addition to this, the surge in the proportion of pollution in water bodies has raised concerns about waterborne ailments globally. Swift industrialization witnessed across developed & emerging countries has enhanced the pollution levels on the water surface as a result of the disposal of factory wastes comprising of toxic chemicals & microbes in rivers, lakes, and seas.
Burgeoning demand for potable water is anticipated to produce profitable growth avenues for the point of entry water treatment systems industry over the forecast timeframe. Growing concerns pertaining to waterborne diseases are anticipated to culminate in the huge market growth over the years to come. With growing urbanization resulting in the need for disinfection devices and water filtration, the market is slated to witness rampant growth over the projected period. The large-scale requirement of pure water in restaurants, public transport units, and workspaces will translate into a humungous expansion of the point of entry water treatment system industry over the forthcoming years.
Furthermore, awareness about healthy living along with the growing trend to improve living standards will transform into huge market growth over the assessment timeline. Nonetheless, huge deployment costs as well as operational costs will hinder the business growth over the projected timeframe.
The study provides a decisive view of the point of entry water treatment systems market by segmenting the market based on by technology, by application and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By technology segment analysis includes water softeners, reverse osmosis systems, distillation systems, disinfection methods, filtration methods, others (adsorption and electrolysis)
By application segment analysis includes residential, non-residential, commercial, industrial, healthcare, educational institutes, others (stadiums, railway stations, and airports)
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Point of Entry Water Treatment Systems Market |
Market Size in 2023 | USD 9.49 Billion |
Market Forecast in 2032 | USD 14.57 Billion |
Growth Rate | CAGR of 4.88% |
Number of Pages | 110 |
Key Companies Covered | Watts Water Technologies, Inc., Danaher Corporation, Culligan International, 3M Company, Best Water Technology AG, The DOW Chemical Company, and Calgon Carbon Corporation |
Segments Covered | By Technology, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The expansion of the industry in the sub-continent over the projected timeframe is owing to the presence of myriad manufacturing firms in the sub-continent. Growing health awareness among the population of the region is likely to pave a way for the growth of point of entry water treatment systems industry over the estimated timeframe. The need for improving the hygiene levels in restaurants and hotels in Canada and the U.S. will drive the industry growth over the forecast period. The necessity for maintaining cleanliness in commercial and residential spaces will provide new growth avenues for the industry over the projected timeframe.
By Technology
By Application
By Region
FrequentlyAsked Questions
Burgeoning demand for potable water is anticipated to produce profitable growth avenues for point of entry water treatment systems industry over the forecast timeframe. Growing concerns pertaining to waterborne diseases is anticipated to culminate into huge market growth over the years to come. With growing urbanization resulting in need for disinfection device and water filtration, the market is slated to witness a rampant growth over the projected period. Large-scale requirement of pure water in restaurants, public transport units, and workspaces will translate into humungous expansion of point of entry water treatment system industry over the forthcoming years.
According to Zion market research, the global Point of Entry Water Treatment Systems Market, estimating its value at USD 9.49 Billion in 2023, with projections indicating that it will reach USD 14.57 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.88% over the forecast period 2024-2032.
North America is likely to make noteworthy contributions towards overall market revenue during 2019-2025. The surge in the expansion of market in the sub-continent over the estimated timespan is due to presence of myriad manufacturing firms in the sub-continent. Growing health awareness among the population of the region is likely to pave a way for the growth of point of entry water treatment systems industry over the estimated timeframe. Need for improving the hygiene levels in restaurants and hotels in Canada and the U.S. will drive the industry growth over the forecast period. Necessity for maintaining cleanliness in commercial and residential spaces will provide new growth avenues for the industry over the projected timeframe.
The key players profiled in the report include Watts Water Technologies, Inc., Danaher Corporation, Culligan International, 3M Company, Best Water Technology AG, The DOW Chemical Company, and Calgon Carbon Corporation.
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