About Pool control panel
The control panel is an area where the control instruments are placed. A pool control panel is used to control the temperature or manage water treatment. It also has various functions like controlling pool equipment. This automation system makes it easy to control from anywhere. Due to the increase in sports activities and increasing construction of pools in developing countries, the market is growing. In the past few years, the pool control panel market has significantly grown.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Analyst at AMA Research estimates that France Manufacturers will contribute the maximum growth to Global Pool control panel market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Zodiac (United States), Hayward (United States), Pool Technologie (France), Davey (Australia), Procopi (France), Klereo (France), Aqualux International (France), SPEGA – Spelsberg (Germany), Dimplex (Germany) and Elecro Engineering LTD (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pool control panel market by Type (Multi-functional and Unifunctional), Application (Public Pools, Hot Tubs and Other) and Region.
On the basis of geography, the market of Pool control panel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Function, the sub-segment i.e. For Heating will boost the Pool control panel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Investments in Research and Developments for Technology
Market Growth Drivers:
Presence of Multiple Features like Filtration and Temperature Control and Increasing Construction of New Pools
Challenges:
Lack of Skilled Labors Available and Presence of Limited Players in the Market
Restraints:
High Costs Associated With the Manufacturing
Opportunities:
Growing Tourism Industry in Developed and Developing Countries and Increasing Disposable Income in the Developing Countries
Market Leaders and their expansionary development strategies
In July 2023, Jandy, a leading pool equipment manufacturer, announced a partnership with Zodiac Pool Systems, another major player in the market. This partnership aims to combine their expertise and resources to develop innovative pool control technology and create a stronger presence in the global market.
In June 2023, Pentair, a major pool equipment manufacturer, launched the IntelliConnect™ Control System, a next-generation control system that allows homeowners to manage their pool functions from anywhere through a smartphone app.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.