Global Residential Water Treatment Equipment Market Overview:
The need for effective water treatment equipment is increasing as environmental and industrial pollution levels rise around the world. Because of the negative effect of industrialization on water, pathogens are spreading and the incidence of chronic diseases is increasing. It is also estimated that it has a negative effect on 1 billion people every day in a number of developing countries around the world.
Growth Drivers
- Increasing environmental pollution worldwide
- Effects of hard water driving market growth
- Increasing concern about waterborne diseases and other risks
- Recycled water supply increasing need for additional treatment at POE/POU
Market Trends
- Product certification for safety and performance of products
Opportunities
- Collaboration between private players and governments to meet the growing demand for safe water
- Technological advancement in water treatment equipment
Challenges
- Consumer perspective
- Manufacturer perspective
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Solutions & Technologies (France), SUEZ SA (France), Xylem, Inc. (United States), Dow Water & Process Solutions (United States), GE Water & Process Technologies (United States), Evoqua Water Technologies LLC (United States), Aquatech International LLC (United States), Ecolab, Inc. (United States), 3M (United States) and Pentair Plc. (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Residential Water Treatment Equipment market by 2026.
What Can be Explored with the Residential Water Treatment Equipment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Residential Water Treatment Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Residential Water Treatment 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 Residential Water Treatment 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 Residential Water Treatment 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 New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Residential Water Treatment Equipment, Suppliers and Distributors of Residential Water Treatment Equipment, Venture Capitalists and Private Equity Firms and End-Use Industry.
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.