Global Residential Water Treatment Market Growth, Size & Forecast 2023-2028

The Global Residential Water Treatment Market is projected to grow at a CAGR of around 5.26% during the forecast period, i.e., 2023-28                                   

Global Residential Water Treatment Market Dynamics:

Growing Demand for Smartphone-Connected Residential Water Treatment Systems - The Residential Water Treatment market is witnessing an increasing demand for smartphone-connected residential water treatment systems in recent years. Technological advancements in water treatment systems have introduced smart water treatment systems, which involve the use of sensors, smart meters, etc. New software products from manufacturers such as Bentley Systems & Siemens are widely integrated into water treatment systems, providing valuable information about leaks & water pressure well in advance, which is surging the popularity of these systems. These systems are based on the combination of the Internet of Things (IoT), big data, and artificial intelligence (AI) technologies that can help provide important information in advance & can offer precautionary solutions.

In addition, consumers are increasingly adopting smart water treatment systems because of their changing lifestyles and busy schedules. This helps reduce the time required for real-time and continuous monitoring of systems. In addition, the reduced operating cost & improved water quality are major factors for the rise in demand for such systems.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Residential Water Treatment Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• By System
  • Pitchers
  • Tabletop
  • Faucet-Mounted
  • Countertop
  • Under the Sink
  • Whole House Filter
• By Technology
  • Reverse Osmosis
  • Ultraviolet
  • Mechanical Filters/Carbon Filters
  • ION Exchange
• By End User
  • Residential Apartments
  • Individual Landed Houses
• By Application Point
  • Point of Use
  • Point of Entry
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   A.O Smith Corporation, Unilever, Kent Supreme, Eureka Forbes, Panasonic, Whirlpool, Aqua Care,, 3M Waterwise Inc, Aquasana, GE Appliances, BWT, Pentair, Others

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