Water Treatment System Market to Flourish at a Growth Rate of 9.89% from 2017 to 2023

Water Treatment System (Point of use) Market
Global Water Treatment System (Point of use) Market Information by Technology (Distillation, Reverse Osmosis System, and Others), Device (Counter-top Units, Faucet-Mounted Filters and Others), by Application (Residential, Non-Residential) and Region – Forecast to 2023

Market Forecast:

Market Research Future analysis shows that the global market of Water Treatment System (Point of Use) market is estimated to grow at 9.89% CAGR during the forecast period of 2017 to 2023.

Top Market Payers:

The prominent players in the Water Treatment System (Point of Use) Market include:

  • 3M Company (U.S.)
  • Honeywell International Inc. (U.S.)
  • Koninklijke Philips NV (The Netherlands)
  • Pentair plc (U.K.)
  • Panasonic Corporation (Japan)
  • Unilever PLC (U.K.)
  • LG Electronics Inc. (South Korea)
  • General Electric Company (U.S.)
  • Watts Water Technologies, Inc. (U.S.)  
  • Danaher Corporation(U.S.)

Market Driving Factors:

The increasing demand for potable water and the awareness of the benefits of water treatment are some of the major factors for growth of the water treatment systems (point-of-use) market. The growing demand for technologically advanced solutions that provide better water treatment and better de-contamination of water and safety features combined with health benefits is expected to drive the market for point-of-use water treatment systems globally. Moreover, the growth in this market is propelled by continuous growth in industrialization especially in developing economies, increasing water contamination, and increasing awareness about the importance of clean drinking water.

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Residential Sector is the Largest Segment, by Application:

Residential segment of the water treatment system (Point of use) market is fast growing, owing to the high growth of construction, increasing water contamination and growing consciousness for   safe. They are also some of the major factors contributing growth of the water treatment system (point of use) market. Growing demand for construction and development in infrastructure, growing adoption among manufacturers along with government initiatives are also expected to drive the market of global water treatment system (point of use).

Market Research Analysis:

The growing demand for infrastructural development and eventually construction, are the major factors driving the market of Water Treatment System (Point of use). Sustained growth in housing segment, government emphasis on infrastructure and increased global demand are expected to drive the water treatment system (Point of use) market. Asia-Pacific region is expected to lead the market of Water Treatment System (Point of use) during the forecast period. This is because of the growth in construction industry and rapidly rising urban population in the region. Water Treatment System (Point of use) demand is growing in housing and infrastructure sector.

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Scope of Report:

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global water treatment system (point of use) market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

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