Global Water Softening Equipment Market Overview:
A Water Softening Equipment Removes Minerals & Impurities from Hard Water to Turn into Soft Water. It Removes Hardness Causing Substances like Calcium & Magnesium from Hard Water through Ion-Exchange Process, Ultrafiltration, or Nano Filtration
Growth Drivers
- Need for the Water Purification in Households Owing to Increase in Nucleated Families & Rise in the Disposable Income
- Large Scale Water Softening Requirements in Different Industries like Chemical, Oil & Gas, & Pharmaceuticals
Roadblocks
- High Initial Cost Associated with Water Softening Equipment
Opportunities
- There are Good Prospects for the Water Softening Equipment in Electronics Industry Owing to the Increased Demand for Ultra-Pure Water
- There is an Increased Opportunity for the Market Expansion in Food & Beverage Industry due to Increasing Popularity of Fast Moving Consumer Food Products
Challenges
- Low Acceptance of Water Softening Equipment in Rural Locations may pose a Challenge
Competitive Landscape:
The Market for the Water Softening Equipment is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are The Whirlpool Corporation (United States), The 3M Company (United States), A. O. Smith Corporation (United States), Haier Group Corporation (China), General Electric Company (United States), Kinetico Incorporated (United States), Culligan International Co (United States), Hague Quality Water International (United States), NuvoH2O (United States), Kent RO Systems (India), US Water System, Inc. (United States), Ecowater System, Llc (United States) and Ion Exchange (India) Limited (India). Additionally, following companies can also be profiled that are part of our coverage like Kinetico Uk Ltd (United Kingdom), Harvey Water Softeners (United Kingdom), Pentair - Pelican Water (United States), Canature Watergroup (United States), Environment Products Co., Ltd. (United States), BWT AG (Austria), Woongjin Coway Co., Ltd. (South Korea), Harvey Water Softeners (United Kingdom), Pure Aqua, Inc. (United States), Aquasana Ro Water Supplier (India) and Kenmore (United Kingdom). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Water Softening Equipment market by 2026. Considering Market by Design, the sub-segment i.e. Mono Cylinder will boost the Water Softening Equipment market. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Water Softening Equipment market. Considering Market by Operation, the sub-segment i.e. Electric will boost the Water Softening Equipment market.
Latest Market Insights:
On 13 August 2018, Kent, an Indian Company for Healthcare Products, Launched the New Water Softener for Bathrooms, to Turn Hard Water into Soft Water, Using the Ion-Exchange Process
What Can be Explored with the Water Softening Equipment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Water Softening Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Water Softening Equipment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Water Softening Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Water Softening Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Water Softening Equipment, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.