Rising water pollution, along with growing awareness of a healthy lifestyle, is predicted to boost the market. 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.
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.
To Know More About Water Treatment Systems Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/water-treatment-systems-market
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.
Market Segmentation of Water Treatment Systems Market:
The Global Water Treatment Systems Market segmented on the basis of Installation, Technology, Application, and Region.
By Installation:
Point of Use
Point of Entry
By Technology:
Reverse Osmosis systems
Distillation systems
Disinfection methods
Filtration methods
By Application:
Residential
Non-residential
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa
Inquire about Water Treatment Systems Market with Our Experts @ https://www.grandviewresearch.com/inquiry/5035
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.
To Know More About Water Treatment Systems Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/water-treatment-systems-market
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.
Market Segmentation of Water Treatment Systems Market:
The Global Water Treatment Systems Market segmented on the basis of Installation, Technology, Application, and Region.
By Installation:
Point of Use
Point of Entry
By Technology:
Reverse Osmosis systems
Distillation systems
Disinfection methods
Filtration methods
By Application:
Residential
Non-residential
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa
Inquire about Water Treatment Systems Market with Our Experts @ https://www.grandviewresearch.com/inquiry/5035
Comments
Post a Comment