Water Softening Systems Market Global Segmentation and Major Key Players Analysis 2024
Market Highlights: 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.
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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Segmental Overview
The global market of water softening systems has been classified by type, application, flow rate, and sales channel.
By type, the global market study is divided into salt-free and salt-based. Increase in sales of water softening systems is noted, as concern for clean water consumption surge. Salt-free type of systems are likely to gain popularity among people due to its ability to readily lower the concentration of ions. By flow rate, the global market is segmented into 05 GPM to 30 GPM, 30 GPM to 60 GPM, 60 GPM to 90 GPM, and above 90 GPM. By application, the global market has been segmented into commercial, residential, and industrial. The high demand for clean and safe drinking water is increasing the sales of these systems for residential use. By sales channel, the global market has been sectioned into offline and online. As e-commerce industry grows, high number of online sales is observed. The online segment is expected to significantly contribute the expansion of the water softening systems market in the review period.
Regional Outlook
Europe, North America, Asia-Pacific, and the Rest of the World (RoW) are regions that are analyzed under the regional outlook section of the report.
The Asia-Pacific water softening systems market is likely to gain global foothold across the assessment period. The expansion in population pool, hike in per capita income, and rise in cognizance about water softening are some of the causes due to which the APAC market is likely to register fast-paced growth. In the near future, the market in North America is expected to gain momentum owing to the existence of cash-rich manufacturers.
In Europe, the market expansion can be attributed to the hefty investment made by companies and governments for R&D and presence of techniques that aid in providing healthy and clean water in for residential and industrial use. Additionally, the residence of the largest water softening system developers and companies their strong aftermarket network are expected to boost the regional market growth.
Key Players
Qingdao Haier Co., Ltd (China), Wychwood Water Systems Ltd (UK), Watts Water Technologies Inc. (US), A.O. Smith Water Technologies (US), Harvey Water Softeners Ltd (UK), BWT AktiengeÂsellschaft (Austria), EcoWater Systems LLC (US), Pentair Residential Filtration LLC (UK), Culligan International Company (US), Pelican Water Systems (US), Feedwater Limited (UK), Monarch Water Ltd. (UK), and Marlo Incorporated (US) are key contenders of the global water softening systems market.
Industry News
September 2019
Watts Water Technologies, an international developer of solution for water safety and supply, partnered with Planet Water Foundation, a non-profit organization that works on providing clean drinking water, on bringing clean water to Thailand.
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List Of Tables
Table 1 Global Water Softening Systems Market, By Region, 2018–2024
Table 2 North America: Water Softening Systems Market, By Country, 2018–2024
Table 3 Europe: Water Softening Systems Market, By Country, 2018–2024
Table 4 Asia-Pacific: Water Softening Systems Market, By Country, 2018–2024
Table 5 RoW: Water Softening Systems Market, By Region, 2018–2024
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List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top-Down And Bottom-Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Continued…….
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