North America Point Of Use Water Treatment Systems Market Size & Outlook
North America point of use water treatment systems market, 2018-2030 (US$M)
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North America point of use water treatment systems market highlights
- The North America point of use water treatment systems market generated a revenue of USD 5,918.9 million in 2022.
- The market is expected to grow at a CAGR of 7.9% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 5,918.9 million |
| Market revenue in 2030 | USD 10,911.9 million |
| Growth rate | 7.9% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | 3M Co, Koninklijke Philips NV, Pentair PLC, Panasonic Holdings Corp, Unilever PLC, LG Electronics Inc ADR, EcoWater Systems, A.O. Smith Corp, Amway Malaysia Holdings, Culligan International |
Other key industry trends
- In terms of revenue, North America region accounted for 22.7% of the global point of use water treatment systems market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 4,513.6 million by 2030.
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Point Of Use Water Treatment Systems Market Scope
Point Of Use Water Treatment Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America point of use 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 use water treatment systems market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 41.63% in 2022. Horizon Databook has segmented the North America point of use water treatment systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. Increasing investments in the offices, hotels, restaurants, and cafes of the U.S. and Canada are expected to play a crucial role in triggering the demand for point of use water treatment systems market over the forecast period.
The increasing purchasing power of consumers and a heightened focus on point of use water treatment systems in the region are anticipated to fuel the demand for such systems, consequently driving market growth.
Additionally, various regulations, such as the Clean Water Act, advise U.S. states to designate surface waters for drinking and establish water quality standards. This legislation also institutes programs to prevent pollution in these waters. Furthermore, the Safe Drinking Water Act (SDWA) ensures the safety of public drinking water supplies in the U.S.
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Our clientele includes a mix of point of use water treatment systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America point of use water treatment systems market , including forecasts for subscribers. This continent databook contains high-level insights into North America point of use water treatment systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America point of use water treatment systems market size, by country, 2018-2030 (US$M)
North America Point Of Use Water Treatment Systems Market Outlook Share, 2022 & 2030 (US$M)
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