South Korea Point Of Entry Water Treatment Systems Market Size & Outlook
South Korea point of entry water treatment systems market, 2018-2030 (US$M)
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South Korea point of entry water treatment systems market highlights
- The South Korea point of entry water treatment systems market generated a revenue of USD 242.1 million in 2022 and is expected to reach USD 351.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2022.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Point of entry water treatment systems market data book summary
| Market revenue in 2022 | USD 242.1 million |
| Market revenue in 2030 | USD 351.5 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | 3M Co, DuPont de Nemours Inc, Pentair PLC, Watts Water Technologies Inc Class A, Calgon Carbon, EcoWater Systems, Culligan International, BWT Holding, Aquasana, Portland General Electric Co |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global point of entry water treatment systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China point of entry water treatment systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 940.7 million by 2030.
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Point Of Entry Water Treatment Systems Market Scope
Point Of Entry Water Treatment Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea point of entry water treatment systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to point of entry water treatment systems market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 49.61% in 2022. Horizon Databook has segmented the South Korea point of entry water treatment systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
According to the U.S. Department of State, South Korea is an attractive investment destination for foreign players largely because of its political stability, logistics, and information & communications infrastructure. The government provides funds and assistance for market research that favors robotics. South Korea is one of the world's leaders in robotics.
Automation, industrialization, and the implementation of Industry 4.0 enable water treatment manufacturers to choose automatic machines in the POE water treatment systems industry, thereby driving market expansion. Rapid urbanization and industrialization coupled with increasing investments in public infrastructures, including transportation and healthcare facilities, among others, are expected to drive the demand for water treatment systems over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea point of entry water treatment systems market , including forecasts for subscribers. This country databook contains high-level insights into South Korea point of entry water treatment systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea point of entry water treatment systems market size, by application, 2018-2030 (US$M)
South Korea Point Of Entry Water Treatment Systems Market Outlook Share, 2022 & 2030 (US$M)
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