Global Water Softening Systems Market is expected to progress with 5.3% CAGR from 2019–2024
MarketHighlights:
Water softening systems are basically an ion exchangers designed to remove ions, which are positively charged. Water softener system removes the hard-mineral ions, such as calcium (Ca2+) and magnesium (Mg2+). A water softener system comprises a mineral tank, brine tank and a control valve, which is specifically equipped with special ion exchanging beads or resins that removes calcium and magnesium ions.
The global water softening system market is primarily driven by the rising health concerns among consumers, ongoing smart city projects, and growth in commercial and industrial sectors. However, the lack of awareness in developing and underdeveloped regions are the factors hindering the market growth during the forecast period.
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Drivers Global Water Softening Systems Market:Market Research Analysis:
In terms of region, the global market for water softening systems is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to register the highest growth rate in the global water softening systems market during the forecast period. This region with the large population pool and rising per capita income in emerging countries, increasing awareness about the water softening are the factors that makes the region the fastest growing market for water softener systems during the forecast period.
North America is expected to hold the largest market share during the forecast period. The regional market is continuously expanding in terms of investment by the residential, commercial and industrial sectors. Additionally, the region is home to some of the largest water softening system manufacturing companies including Watts Water Technologies Inc., A.O. Smith Water Technologies, EcoWater Systems LLC, and Pelican Water Systems. These companies with their strong distribution and aftermarket network are positively influencing the growth of the water softening systems market in the region.
Scope of the Report:
This study provides an overview of the global water softening systems market, tracking three market segments across four geographic regions. The report studies key players and provide a six-year annual trend analysis, which highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, which focuses on the market opportunities for the next five years for each region. The scope of the study segments the global water softening systems market by orientation, capacity, dimensions, end-use, and region.
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By Type
- Salt-based
- Salt-Free
- By Flow Rate
- 05 GPM to 30 GPM
- 30 GPM to 60 GPM
- 60 GPM to 90 GPM
- Above 90 GPM
By Application
- Residential
- Commercial
- Industrial
By Sales Channel
- Online
- Offline
- By Regions
- North America
- Asia-Pacific
- Europe
- Rest of the World
KeyPlayers:
Some of the major players in the global water softening systems market are Watts Water Technologies Inc. (US), Wychwood Water Systems Ltd (UK), Harvey Water Softeners Ltd (UK), A.O. Smith Water Technologies (US), EcoWater Systems LLC (US), BWT Aktiengesellschaft (Austria), Culligan International Company (US), Pentair Residential Filtration LLC (UK), Feedwater Limited (UK), Pelican Water Systems (US), Marlo Incorporated (US), Monarch Water Ltd. (UK), Qingdao Haier Co., Ltd (China).
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