Water Treatment System (Point of Use) Market Estimated to Perceive Accrued Value with a Staggering CAGR; MRFR Unleashes Industry Insights Up To 2030

Water Treatment System (Point of Use) Market - OverviewThe global Water Treatment System (Point of Use) market is growing at a rapid pace; mainly due to advancements in technology. According to a recent study report published by Market Research Future, The global market of Water Treatment Systems (Point of Use) is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2030, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2023 – 2032). 

Recent systematic reviews of water, sanitation, and hygiene interventions suggest that the beneficial effects of improving household drinking water quality at the point of use (POU) to reduce diarrheal disease risks had been previously underestimated. This system are used to control a wide variety of contaminants in drinking water and often use the same technology concepts employed in centralized treatment but at a much smaller scale. This technology is applied to reduce levels of organic contaminants, and control turbidity, fluoride, iron, radium, chlorine, arsenic, nitrate, ammonia, microorganisms (including cysts) and many other contaminants. Aesthetic factors, such as taste, odor, or color, can be improved with Point of use treatment.

The increasing demand for clean drinking water and increasing awareness about the benefits of water treatment are some of the major factors for the growth of the market of point-of-use water treatment systems. Favorable government initiatives is likely to encourage the growth of the point-of-use water treatment systems and encourage wider adoption of water treatment systems to avoid an epidemic of waterborne diseases. Moreover, the scarcity of clean water in developing countries and depleting freshwater resources create varied opportunities for market growth.

Water Treatment System (Point of Use) Market   - Competitive Analysis

The water Treatment System (Point of Use) market appears to be competitive with the presence of several large and small players operating in the Water Treatment System (Point of Use) Market. These Key players compete based on pricing, quality, Technology, and reputation. The water Treatment System (Point of Use)  market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Water Treatment System (Point of Use) market strive to respond to the growing demand for Water Treatment Systems (Point of Use) from the established technology coupled with the economical costs of units. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices. 

Industry/ Innovation/ Related News:

In 2017, GE Company launched a new product PROflex for wide range of applications such as general industrial, power, drinking water, food & beverage, pharmaceuticals and others. Reverse osmosis was developed to provide a cost-effective and easy-to-configure system.

In 2017, Veolia Water Technologies have been given a contract to build an iron removal water treatment plant for providing facility to Senegal’s water utility. This would increase the supply of drinking water to Dakar and its suburbs area.

In 2013, CH2M Hill team chose the Trident HS package treatment system that was offered by WesTech Engineering, Inc. so as to minimize the waste in water.

Water Treatment System (Point of Use) Market   - Segments:

Global Water Treatment System (Point of Use) Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Technology: Distillation, Reverse Osmosis System, and Others

Segmentation by Device: Counter-top Units, Faucet-Mounted Filters and Others

Segmentation by Application: Residential, Non-Residential

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Water Treatment System (Point of Use) Market   -

Regional Analysis

Asia-Pacific accounted for the highest share in the global Water Treatment System (Point of Use) market, with increasing water treatment system practices from European and Asian regions. Urbanization is growing rapidly in the Asia Pacific and emerging regions due to economic development. This has been fuelling the demand for water treatment systems among residential customers. Residential customers normally prefer to operate the systems on their own once the provider installs it.

The increasing focus from government authorities towards clean water management and the rising awareness for water filters and RO systems across middle-income populations are driving market growth among developing regions. Access Full Report Details - Water Treatment System (Point of Use) Market trend