Water Softening Systems Market: Technological Growth Map Over Time To Understand the Industry Growth Rate

Water softening systems, often referred to as water softeners or water softening equipment, are devices that are installed for treatment and conversion of hard water into soft water. These water softening systems are primarily installed at the Point of Entry (PoE) of water from public sources into households or the commercial or industrial units.

Water softening equipment commercially available in the market are classified into two types, namely salt-based water softeners and salt-free water softeners.

Drivers & Trends

Key driving factors identified in the global water softening systems market include robust growth of the construction sector in emerging markets, increasing use of water softening systems in residential sectors and technological advancements in water softening systems, such as the foray of smart water softeners.

However, lack of awareness about the benefits of using soft water as opposed to hard water and government regulations and restrictions with regard to the same could pose challenges in the coming years. Some major trends identified in the global water softening systems market are increasing demand for salt-free water softeners, emphasis on obtaining quality certifications and on the use of metered systems over timer-based systems.

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Market Segmentation

The global water softening systems market was valued at US$ 6.2 Bn in 2014 and is forecast to expand at a CAGR of 5.9% over the forecast period (2015–2025). The global water softening systems market is segmented on the basis of product type, application and region. By product type, the market is further sub-segmented into salt-based and salt-free water softening systems. On the basis of application, the market is further sub-segmented into residential, commercial and industrial.

Global Water Softening Systems Market Analysis, by Product Type

Global salt based water softening systems market accounted for 89.6% value share of the global residential water softening systems market in 2014. The global salt-free water softening systems market is projected to expand at a CAGR of 6.2% in terms of value, over the forecast period 2015–2025.

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Demand for the salt based water softening systems is expected to increase over the forecast period due to technological advancements and rise in introduction of innovative solutions and differentiated product offerings such as smart water softeners.

Global Water Softening Systems Market Analysis, by Application

In terms of value and volume, the residential segment is projected to remain dominant over the forecast period. Industrial segment is projected to be the second most attractive segment over the forecast period. Growing usage of water softening systems in the household and commercial sector and expanding water treatment facilities across the globe are some of the factors expected to propel growth of the water softening systems market over the forecast period. However, growth of the industrial application segment is expected to be driven by growth of the food and beverages industry across the globe, which is expanding at a significant CAGR currently.

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This release was published on openPR.