Water Softening Systems Market Size by Top Leading Key Players, Growth Opportunities, Incremental Revenue, Trends, Outlook and Forecasts to 2027

According to a new market report published by Transparency Market Research titled “Water Softening Systems Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global water softening systems market is expected to reach a value of US$ 7,537.6 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 2,447.3 Thousand Units in 2017. The Asia Pacific water softening systems market is projected to have the highest growth due to rapidly developing industrial infrastructure, increasing awareness of advantages of using soft water in the residential and commercial sector, and increased government spending on water softening activities in developing nations such as India and China. The North America market witnessed highest growth due to increasing awareness of using soft water among the consumers as 85% of North American households live in hard water areas and also due to growing research and development activities leading to product innovations and technologically advanced products.

Water softening systems are gaining popularity in North America and Europe because of its smart features such as Wi-Fi enabled water softening systems. Moreover, government initiatives in smart water treatment activities (as part of smart city projects) is anticipated to be a growth factor for the water softening systems market. However, one of the main challenges impacting the growth of the market is low penetration in rural areas which may prove to be a restraint in many developing countries in the short run. On the other hand, increasing demand for water softening systems in emerging economies and rising manufacturing activity across the globe are key opportunities for the growth of the water softening systems market.

Request A Sample Copy Of The Report https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51942

In 2017, based on type, salt-based ion exchange softener accounted for market value of US$ 3,411.5 Mn in the global water softening systems market. Salt-based ion exchange softener water softening system accounted for larger share because this system completely removes contaminated hard water minerals instead of conditioning it chemically. According to flow rate, 05 GPM to 30 GPM flow rate water softening systems accounted for major share of US$ 1,505.5 Mn in terms of value in 2017, as this segment of water softeners are mostly used in residential and commercial applications. Increasing demand for water softeners in the residential and commercial sector is boosting the use of 5 GPM to 30 GPM flow rate water softening systems. According to application, residential water softening systems were valued at US$ 1,710.4 Mn in 2017 since the consumption of water softening systems is more in the residential segment. Based on distribution channel, offline sales acquired the major market share in terms of value accounting for US$ 3,418.8 Mn in 2017. In terms of geography, North America accounted for the largest share accounting for US$ 1,646.2 Mn in 2017, followed by Europe. North America accounted for the largest share because the region is majorly affected by hard water, and it also sees increased research and development spending by manufacturers.

Some of the key players profiled in the global water softening systems market are A.O. Smith Water Technologies, BWT Aktiengesellschaft, Culligan International Company, EcoWater Systems LLC, Pentair Residential Filtration LLC, Feedwater Limited, Fleck Systems, Harvey Water Softeners Ltd, Kinetico Incorporated, Marlo Incorporated, Monarch Water Ltd., Pelican Water Systems, Qingdao Haier Co., Ltd., Watts Water Technologies Inc., Evoqua Water Technologies, and Whirlpool Corporation..

Request For Covid19 Impact Analysis https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=51942

The water softening systems market is segmented as below.

Water Softening Systems Market

Type

Salt-Based Ion Exchange Softener
Salt-Free Water Softener

Flow Rate

05 GPM to 30 GPM
30 GPM to 60 GPM
60 GPM to 90 GPM
Above 90 GPM

Application

Residential
Commercial
Industrial

Distribution Channel

Online
Offline

Specialty Store
Hypermarkets/Supermarkets

By Geography

North America

U.S.
Canada
Rest of North America

Europe

U.K.
Germany
Italy
Rest of Europe

Asia Pacific

China
India
Japan
Rest of Asia Pacific

Middle East & Africa (MEA)

GCC
South Africa
Rest of MEA

South America

Brazil
Rest of South America

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: [email protected]
Website: https://www.transparencymarketresearch.com/