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.
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.
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
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East and Africa
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.
