South Korea Water Treatment System Market Size & Outlook
South Korea water treatment system market, 2018-2030 (US$M)
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South Korea water treatment system market highlights
- The South Korea water treatment system market generated a revenue of USD 1,350.4 million in 2023 and is expected to reach USD 2,371.1 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, pou was the largest revenue generating installation in 2023.
- PoU is the most lucrative installation segment registering the fastest growth during the forecast period.
Water treatment system market data book summary
| Market revenue in 2023 | USD 1,350.4 million |
| Market revenue in 2030 | USD 2,371.1 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Pou |
| Fastest growing segment | PoU |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PoU, PoE |
| Key market players worldwide | 3M Co, Honeywell International Inc, DuPont de Nemours Inc, Panasonic Industry, Pentair PLC, Watts Water Technologies Inc Class A, Calgon Carbon, Pure Aqua, Inc., EcoWater Systems, Beiersdorf AG, Filtersmart Water Systems, Water Control Corporation |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.5% of the global water treatment system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China water treatment system 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 5,079.1 million by 2030.
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Water Treatment System Market Scope
Water Treatment System Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea water treatment system 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 water treatment system market will help companies and investors design strategic landscapes.
Pou was the largest segment with a revenue share of 80.86% in 2023. Horizon Databook has segmented the South Korea water treatment system market based on pou, poe 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 U.S.-Korea Free Trade Agreement (KORUS), which came into force in 2019, further improved the investment inflow from the U.S. Macroeconomic factors, such as rising income and spending power, favor the growth of the water treatment systems industry, as consumers spend a lot of money on outdoor dining and processed foods.
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 water treatment systems industry, thereby driving market expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea water treatment system market , including forecasts for subscribers. This country databook contains high-level insights into South Korea water treatment system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea water treatment system market size, by installation, 2018-2030 (US$M)
South Korea Water Treatment System Market Outlook Share, 2023 & 2030 (US$M)
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