Global Water Treatment Systems Market Size, Share, Growth Analysis, By Installation(Point of use, and Point of Entry ), By Technology, By End Use - Industry Forecast 2024-2031

Global Water Treatment Systems Market size was valued at USD 42.87 billion in 2022 and is poised to grow from USD 46.64 billion in 2023 to USD 91.58 billion by 2031, growing at a CAGR of 8.80% during the forecast period (2024-2031).

The global surge in demand for virus-free products and the imperative to minimize contamination have propelled the growth of the water treatment industry. Anticipated factors contributing to this expansion include escalating water scarcity, diminishing groundwater levels, disruptions in the global supply chain, and government initiatives. Despite moderate setbacks from interruptions in the global water supply network due to the COVID-19 pandemic, the sector saw significant growth in response to the water crisis, heightened pollution, and increased waterborne illness fatalities. The rise in residential construction is foreseen to be driven by population growth, robust economic expansion, increased household formations, and favorable borrowing rates. The U.S. water treatment market is expected to thrive with the emphasis on water quality, guided by regulations like the Safe Drinking Water Act and Clean Water Act. The EPA's ongoing efforts and the proposed USD 35 billion Drinking Water & Wastewater Infrastructure Act of 2021, set to be announced in May 2021, are poised to create new opportunities in the sector, fueled by the U.S. government's commitment to infrastructure upgrades and substantial investments in projects nationwide, further accentuating the demand for water treatment systems in commercial endeavors.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Water Treatment Systems Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Water Treatment Systems Market Segmental Analysis

The global water treatment systems market is segmented based on installation, technology, and region. In terms of installation, the market is segmented into point of use (PoU) and point of entry (PoE). Based on technology, the market is segmented into distillation systems, reverse osmosis systems, disinfection methods, filtration methods, water softeners, others. In terms of end-use, the market is segmented into residential, commercial, and industrial. Based on region, the global water treatment systems market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Drivers of the Global Water Treatment Systems Market

The rise in population, urban development, and industrial activity has resulted in a substantial surge in the need for water. To meet this demand, water treatment systems play a crucial role in eliminating impurities, contaminants, and pollutants from water, ensuring its safety and suitability for consumption.

Restraints in the Global Water Treatment Systems Market

Insufficient awareness regarding the significance and advantages of water treatment systems poses a significant impediment to the market. A considerable number of individuals remain under the misconception that untreated tap water is safe for consumption, hindering the widespread adoption of water treatment systems.

Market Trends of the Global Water Treatment Systems Market

With the increasing focus on sustainability and environmental protection, there is a growing demand for water treatment systems that are energy-efficient, cost-effective, and environmentally friendly. This trend is driving the development of innovative solutions such as membrane filtration, reverse osmosis, and biological treatment systems.