Press release
New Innovation in Point-Of-Use Water Treatment Systems Market is Rapidly Growing in Coming Year | Honeywell, Pentair, Panasonic, Unilever, LG Electronics, Coway, BWT AG, Toray, Brita, Alticor
Owing to the increasing water pollution coupled with rising urban population along with growing health awareness among the younger demographic. Stringent regulatory guidelines to restrict pollution in drinking water, coupled with global health awareness offered to augment the adoption of water treatment systems market are predicted to drive the point of use water treatment systems market over the forecast period. Point of use water treatment systems are priced in an affordable range for consumers.The Global Point-Of-Use Water Treatment Systems Market is accounted by 2026 growing at a CAGR of +9% during the forecast period.
Increasing adoption of alternative upcoming technologies having more efficiency and improved features. Distillation technology is the second largest application and is estimated to witness a measured increase in terms of manufactured units during the forecast period, owing to affordable products coupled with better designs and other benefits.
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Companies Profiled in this report includes;
• Honeywell (US)
• Pentair (UK)
• Panasonic (Japan)
• Unilever (UK)
• LG Electronics (South Korea)
• Coway (South Korea)
• BWT AG (Austria)
• Toray (Japan)
• Brita (Germany)
• Alticor (US)
After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report's authors in the study. Most companies in the Point-Of-Use Water Treatment Systems market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global Point-Of-Use Water Treatment Systems market. With the advent of new technologies on a regular basis, players are striving hard to incorporate the latest technology to gain a competitive edge above the rest.
The competitive landscape of the global Point-Of-Use Water Treatment Systems market has been described with detailed analysis. Furthermore, researchers throw light on some small scale and medium scale industries to differentiate the strategies carried out by them. Additionally, it highlights the major key players operating across the global regions like North America, Latin America, Asia-Pacific, Africa, and Europe.
Technology Outlook (Volume, Million Units; Revenue, USD Billion; 2019 - 2026)
• Reverse osmosis technology
• Distillation systems
• Disinfection methods
• Filtration methods
Device Type Outlook (Volume, Million Units; Revenue, USD Billion; 2019 - 2026)
• Tabletop pitchers
• Faucet mounted filters
• Countertop units
• Under the sink filters
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To offer a clear understanding of the global Point-Of-Use Water Treatment Systems market, several questions have been addressed in the research study concerning the growth of the global Specialty Point-Of-Use Water Treatment Systems market. It is also been discussed with respect to projected growth rate of the global Specialty Point-Of-Use Water Treatment Systems market in the near future. Also, depending on the ongoing trend of the market, the region which is anticipated to witness high growth in the next few years is studied in detail.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Point-Of-Use Water Treatment Systems market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Point-Of-Use Water Treatment Systems market
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