Residential water treatment equipment market demand, growth, size outlook 2023

Residential water treatment refers to the treatment of used water to make it suitable for reuse. The process removes the contamination of water and makes it suitable for end use.
The urgent need of residential water treatment is raised due to the increasing industrial and environmental pollution around the globe. Due to excessive wastage of water most of the nations across the globe are facing water scarcity. Due to the contaminated drinking water supplied by the municipal corporations the consumers are moving towards the adoption of residential water treatment plant.
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Market Size & Forecast
The global residential water treatment equipment market is anticipated to expand with a compound annual growth rate of 13% over the period of forecast owing to the increasing adoption of residential water treatment plants across the globe

North-America market is expected to expand with a higher momentum owing to the taste, odour and rising expectations on drinking water quality. U.S is anticipated to provide major boost to the market. The Safe Drinking Water Act (SDWA) was established in 1974 to protect the quality of drinking water in the U.S. SDWA regulates the design, management, and operation of POE and POU equipments used in compliance with maximum containment level.
Poor water quality, and increasing demand of water supply due to increase in the population are some factors that will attract the consumer towards the adoption of residential water treatment plant across the globe.
Market Segmentation
By Product Type
By product, residential water equipment market is segmented into following categories:-
Point-of-use
Point-of-entry
By Equipments
On the basis of equipments used in residential water treatment, the market can be segmented into following categories:-
Membrane equipment
Filtration equipment
Disinfection equipments
Thermal distillation equipments
Evaporators
By Region
Global Residential Water Treatment Equipment Market is further classified on the basis of region as follows:
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
Middle East and Africa

Growth Drivers and Challenges
Growing concern over potable water purity and increasing awareness on the benefits of water treatment are driving the residential water treatment equipment market.
Low consumer confidence in municipal water treatment systems and increasing environmental concerns among the consumers are expected to be the key factor behind the rapid adoption of residential water treatment plant and this will further increase the demand of residential water treatment equipment over the period of forecast.

Contact Key extracts from the Table of Content of Residential Water Treatment Equipment Market 2016-2023 report:

Residential Water Treatment Equipment Market Size and Forecast, 2016-2023
Residential Water Treatment Equipment Market CAGR for the Period 2016-2023
Residential Water Treatment Equipment Market Y-O-Y for the Period 2016-2023
Residential Water Treatment Equipment Market Demand & Supply Analysis
Residential Water Treatment Equipment Market Investment Attractiveness
Residential Water Treatment Equipment Market BPS Analysis
Residential Water Treatment Equipment Market Dynamics – Trends, Drivers, Challenges, and Opportunities
Residential Water Treatment Equipment Market Competitive Landscape Analysis
Residential Water Treatment Equipment Market Investment Proposition, by Geography

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