With increasing urbanization and government initiatives such as smart city projects, the demand for efficient and effective water treatment systems continues to ascend. Water softening systems are expected to be among the sought-after water treatment equipment which is projected to see surging sales driven by favorable policy structure. Government initiatives in public health, sanitation, & cleanliness have been auguring well for the growth of water softening systems market.
As indicated by a new research report of Future Market Insights (FMI), The global water softening systems market is projected to be valued at ~US$ 9.4 Bn by 2019 end. Soaring demand for ultra-soft water and visible rise in sales of salt-free water softening systems mark the top two trends that the report sheds light on. Furthermore, increasing shift of industry towards electrification and automation is likely be influencing the growth of market in long run.
Key Takeaways – Water Softening Systems Market
- Twin cylinder configuration would remain highly lucrative.
- Electric water softening systems are expected to witness rising preference.
- Non-electric systems adopted for softening of hard water are likely to gain traction in residential sector.
- Preference for metered systems is expected to grow, against the legacy systems working on timers.
- Compact and portable water softening systems are emerging high lucrative in global water softening systems market.
Government initiatives that are designed in collaboration with water authorities ultimately aim to establish a solid and reliable water supply chain. Efforts taken in balancing demand for soft water with available water resources play a crucial role in shaping the landscape of water treatment. Adoption of newer technologies remains the strongest factor in tackling water management and sufficing soft water demand.
North America Projected to Remain a Profitable Market
Regional analysis of water softening systems market reveals that North America would continue to hold a significant market share throughout the forecast period. Western Europe, closely follows North America in terms of market value share, is projected to witness a moderate CAGR of ~4% over the forecast period.
For More Detailed Insights on Water Softening Systems Market
Water softening systems have witnessed growth in installations for household purposes such as cleanliness and sanitation. Hence, the residential segment is expected to hold a dominant share in the water softening systems market. The segment is projected to gain a market share of ~44% in terms of value by the end of 2019. Increasing automation of water treatment equipment has propelled the electric segment to hold a dominant share in the global market for water softening systems. The market size of the category of non-electric water softening systems is expected to be pegged at US$ 2 Bn by the end of 2019 in terms of value, and is expected to grow at a CAGR of ~6% in the forecast period.
Twin cylinder segment is anticipated to remain significant in the market for water softening systems with a value share of ~56% by the end of 2019. As compared to water softening systems with a single cylinder, twin cylinder water softening systems offer better flow or supply of soft water, accounting for their high preference.
Water Softening Systems Market: Vendor Insights
The report reveals some of the prominent market players, including EcoWater Systems LLC, Culligan International Company, Kinetico Incorporated, Hydroflux, Envicare Technologies Pvt. Ltd., Wychwood Water Systems Ltd., Harvey Water Softeners Ltd., Pelican Water Systems, BWT AG, Marlo Incorporated, Monarch Water Ltd., Qingdao Haier Co., Ltd., Atlas Filtri, Watts Water Technologies Inc., and Feedwater Limited.
For additional insights on the water softening systems landscape, write to the analyst at email@example.com
About Industrial Automation & Equipment Division of FMI
The Industrial Automation & Equipment Division of FMI offers a novel approach and innovative perspective in analyzing industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special purpose machinery across manufacturing sector and distinctive analysis about installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustain, grow and identify new revenue prospects.
About Industrial Automation & Equipment division of FMI
The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry stakeholders and channel partners when it comes to sustain, grow, and identify new revenue prospects.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.