Water Softening Systems market in 2018 is US$ 8,923.7 Mn and the market is expected to expand at a CAGR of 7.3%
Global Water Softening Systems Market Dynamics
Increasing number of households and growing disposal income are anticipated to drive the global water softening systems market over the forecast period. For instance, the number of households in the U.S. alone reached nearly 126 Million by the end of 2017. Moreover, increasing disposable income, especially in developing regions across the globe, is another factor projected to drive the demand for water softening systems during the forecast period. Growing supportive government policies are also projected to enrich the global water softening systems market over the forecast period. However, there are some disadvantages associated with the use of Water Softening Systems which can hinder the growth of the global market in the upcoming years. Some such potential disadvantages are potential health risks for people on low sodium diets and elimination of calcium and magnesium ion from diet, which directly affects human health.
Global Water Softening Systems Market Forecast
By application, in terms of value, the residential segment is expected to hold the largest share in the water softening systems market owing to significant installation of water softening systems for household purposes. In brief, residential segment is expected to dominate in the water softening systems market and will capturing a market share of nearly 43.9%, in terms of value, by 2018 end. Residential segment is further categorized into salt based water softening systems and salt free water softening systems. The salt based water softening systems segment is in declining phase as salt based water softening systems produce excessive sodium ion, which negatively affects fertility of fields. This is the primary reason why the U.S. government has banned salt based water softening systems. The U.S. government can impose a fine of US$ 2000 if it finds a salt based water softening system in a house. The application segment is expected to grow with a collective CAGR of 7.3% in the global water softening systems market over the forecast period.
On the basis of operation, electric segment holds the dominating share in the global water softening systems market owing to rising automation in the water treatment equipment. In terms of value, the market size of non-electric water softening systems segment is estimated to be pegged at US$ 1,852.4 Mn by end of 2018. Growing with a CAGR of 5.7%, the non-electric water softening systems segment is projected to account for ~ 15.0% share in the overall water softening systems market’s absolute $ opportunity over the forecast period.
On the basis of design, twin tube segment is expected to dominate in the water softening systems market with a value share of nearly 56.1% by the end of 2018. Twin cylinder water softening systems provide better soft water flow or supply as compared to mono cylinder water softening systems. Furthermore, twin cylinder water softening systems are costlier than mono cylinder water softening systems. However, multi cylinder water softening systems is anticipated to account for half of the value share of mono cylinder water softening systems during the forecast period.
On the basis of region, North America is projected to dominate in the global water softening systems throughout the forecast period. Western Europe is followed by North America in the global water softening systems market and is projected to grow with a CAGR of 4.1% over the forecast period. In North America, the U.S. accounts for approximately 89% of hard water and Canada accounts for approximately 80% of hard water. In terms of CAGR, Middle East & Africa region is anticipated to grow with an addressable CAGR of 11.7% in the global water softening systems market, which is higher compared to other regions’ CAGR. Moreover, Japan is projected to grow with minor value share in the global water softening systems market over the forecast period.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-881
Global Water Softening Systems Market Competitive Landscape
Some of the prominent players involved in the manufacturing of Water Softening Systems and included in this study on water softening systems are EcoWater Systems LLC, Culligan International Company, Kinetico Incorporated, Hydroflux, Envicare Technologies Pvt. Ltd., Wychwood Water Systems Ltd., Harvey Water Softeners Ltd., Pelican Water Systems, BWT AG, Marlo Incorporated, Monarch Water Ltd., Qingdao Haier Co., Ltd., Atlas Filtri, Watts Water Technologies Inc., and dwater Limited.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Water Softening Systems market in 2018 is US$ 8,923.7 Mn and the market is expected to expand at a CAGR of 7.3% here
News-ID: 1610693 • Views: 266
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Water
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Global Mobile Water Treatment Systems Market Forecast 2018-2025 GE Water, Evoqua …
Recently added detailed market study "Global Mobile Water Treatment Systems Market" examines the performance of the Mobile Water Treatment Systems market 2018. It encloses an in-depth Research of the Mobile Water Treatment Systems market state and the competitive landscape globally. This report analyzes the potential of Mobile Water Treatment Systems market in the present and the future prospects from various angles in detail. The Global Mobile Water Treatment Systems Market 2018
Global Water Treatment Aerators Market 2018 -GE Water, Tonka Water, RWL Water, L …
Apex Market Reports, recently published a detailed market research study focused on the “Water Treatment Aerators Market” across the global, regional and country level. The report provides 360° analysis of “Water Treatment Aerators Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Water
Water Treatment Equipment Market
Water Treatment Equipment refers to the equipment used in the industrial water treatment. It includes Pre-treatment non-membrane, Pre-treatment membrane, ultrapure water, AD/EDI systems polishing, Inorganic WW treatment, Organic WW treatment, etc. The scope of the Report: This report focuses on the Water Treatment Equipment in the United States market, to split the market based on manufacturers, states, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-water-treatment-equipment-market-to-2022-1622845 Market Segment by Type, covers Pre-treatment non-membrane, Pre-treatment membrane, Ultrapure
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource