Water Softening Systems Market: Market Development, Overview and Forecast upto 2026

Water Softening Systems Market

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.

Planning To Lay Down Future Strategy? Request Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51942

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.

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.

Request To Access Market Data Water Softening Systems Market

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..

Internet of Things Testing Market: Latest Trends and Forecast Analysis up to 2025

The Internet of things (IoT) represents a giant network of interconnected devices or things that are embedded in the existing internet infrastructure. These things can include a variety of objects such as electronics devices, vehicles, equipment, sensors, and consumer appliances. The concept may signify the sharing of data and information with people and animals connected to the infrastructure in near-real time. The proliferation of connected devices and the soaring popularity of IoT among enterprises in developed and developing nations have led to the pressing need for Internet of Things testing mechanisms. Developing an effective IoT testing mechanism foregrounds evaluating key aspects such as compatibility and usability of the interconnected devices, security of the network, the connectivity, and overall performance of the system. Furthermore, enterprises implementing IoT should take into account the integration of new devices and technologies with the existing network. A number

Low Power Display Market: Projection of Each Major Segment over the Forecast Period 2017 - 2025

Low power display technology is treated separately from our modern world. High resolution displays with low power are considered by many consumers to represent the low power display technology. The development in optoelectronics and nanotechnology has changed the low power display market . The low power display market consumes of less power than plasma technologies and cathode ray tube (CRT). Low-power features have become essential for liquid crystal displays (LCDs) due to environmental concerns. The technology that saves energy by decreasing the power consumption of the backlight unit in a display panel is considered in in low power display technology. A low refresh-rate technology was introduced in order to further minimize power consumption in the display panel. The low refresh-rate was achieved by employing oxide thin-film transistors (Ox-TFTs) with extremely low leakage currents. However, flicker may be visible due to the current leakage through the liquid crystal (LC

Noise Suppression Components Market: Granular View of The Market from Various End-Use Segments

Noise suppression refers to the methods of reducing and eliminating the effects of unwanted and undesirable sound effects and electrical disturbances which occurs when the level of signal carrier is greater than the noise level. Noise causes intrusion in many electrical devices. However, there are rules to suppress noise, because noise which does not affect a particular electrical device may affect some other electrical device. Further, an electronic device is known as ‘emission’ if it is itself the source of unwanted noise and it is referred to as immunity if the concerned electronic device is the victim of unwanted noise. Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) has made the issue of noise suppression important. Some of the examples of noise suppression components are electromagnetic interference suppression filter which is an electronic component which provides electromagnetic noise suppression techniques for electronic goods. The function of the e

Research Blogs

Search This Blog