The water softening systems market report provides analysis for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major driving factors and key trending topics impacting the water softening systems market growth over the forecast period. It also highlights the restraints and opportunities expected to influence the market during the forecast period.
The study provides a comprehensive outlook on the growth of the water softening systems market throughout the forecast period in terms of revenue (in US$ Mn) and volume (Thousand Units), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).
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..
The global water softening systems market is expected to reach around US$ 7,537.6 Mn by 2026. The market is anticipated to grow in terms of volume sales at a CAGR of 3.6% during the period 2018-2026. The North America water softening systems market incurred the highest market share, accounting for US$ 1,601.5 Mn in 2016. 85% of North American households live in hard water areas. This factor, along with rising health concerns among consumers and growing research and development activities is leading to product innovations and technologically advanced products, thus driving the market.
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The global water softening system market is anticipated to grow mainly due to increase in demand for soft water across the globe, coupled with the supportive government policies such as smart cities. Europe and North America are geographical hubs of hard water. Therefore, some manufacturers are shifting their soft water equipment production facilities to these countries in order to match the considerable demand for water softening systems. Therefore, rising manufacturing activities is driving the water softening systems market.
Demand for consumer water treatment systems is increasing due to a strong housing market, where consumers are purchasing both new and old houses. As the construction of new homes is increasing, point of entry systems and some under the sink systems are installed which are driving the water softening systems market.
Moreover, rise in number of infrastructure projects coupled with installation of water softening systems is expected to be a boosting factor for the market. Growing modernization and urbanization initiatives in both developed and developing countries is an important factor fueling the water softening systems market.
The water softening systems market is segmented as below.
Water Softening Systems Market
- Salt-Based Ion Exchange Softener
- Salt-Free Water Softener
- 05 GPM to 30 GPM
- 30 GPM to 60 GPM
- 60 GPM to 90 GPM
- Above 90 GPM