Smart Water Softeners Market Size to Grow by USD 482.6 Mn, Growing Consumer Awareness to Drive Growth - Technavio

NEW YORK, Oct. 17, 2022 /PRNewswire/ -- The global smart water softeners market will be driven by factors such as growing consumer awareness about water softening products and the benefits of water softener systems. The water obtained from salt-based water softeners requires further treatment due to the presence of large amounts of sodium. The depletion of freshwater sources is fueling the demand for smart water softeners. Moreover, the groundwater in many places has become hard due to the increasing use of fertilizers and the presence of naturally occurring limestone quarries. Smart water softener systems are used in Power over Ethernet (POE) systems to supply water and not point-of-use (POU) systems. These factors are expected to drive the sales of smart water softeners during the forecast period.

The global smart water softeners market is set to grow by USD 482.6 million from 2021 to 2026, according to Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 14.52% during the forecast period, according to Technavio.

Make confident decisions using our benchmarks and analysis. Download a FREE PDF Sample Report

Market Challenge

High price sensitivity among consumers is challenging the smart water softeners market growth. Price sensitivity is a major barrier in developing countries, which hinders the expansion of the market. In developing countries such as India and China, there is a low inclination among consumers to buy smart water softener systems due to high price sensitivity. In addition, consumers have low visibility of the product due to the low concentration of market players. Moreover, low purchasing power, low consumer awareness, and lack of inclination to buy water treatment equipment add to price sensitivity. These factors are hindering the growth of the smart water softeners market.

Smart Water Softeners Market Product Outlook (Revenue, USD mn, 2021-2026)

• Wall mounted - size and forecast 2021-2026
• Floor - size and forecast 2021-2026

Smart Water Softeners Market Geography Outlook (Revenue, USD mn, 2021-2026)

• North America - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026
• South America - size and forecast 2021-2026

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Product Segment

The wall-mounted segment will be the largest contributor to market growth during the forecast period. There will be a surge in demand for wall-mounted smart water softener systems due to the lack of space in urban housing. Wall-mounted systems are easy to install when compared to floor systems. Moreover, there have been advances in wall-mounted systems, such as connectivity. These factors will help this segment grow during the forecast period.

Major Five Smart Water Softeners Companies

• 3M Co.
• A. O. Smith Corp.
• Advanced Water Solutions
• AO Smith Water Technologies Inc.
• Besco Water Treatment Inc.
• BWT Holding GmbH
• Canature Health Technology Group Co. Ltd.
• Culligan International Co
• Drop
• EcoWater Systems LLC
• General Electric Co
• Harvey Water Softeners
• KENT RO Systems Ltd.
• Kinetico Inc.
• Kohley's Superior Water
• Pentair Plc
• US Water Systems Inc.
• Water Channel Partners
• Waterworld USA
• Whirlpool Corp.

Related Reports

Water Coolers Market Growth by Product and Geography- Forecast and Analysis 2022-2026: The water coolers market share is expected to increase by USD 698.89 million from 2021 to 2026.

Commercial UV Water Purifier Market by End-user and Geography - Forecast and Analysis 2022-2026: The commercial UV water purifier market share is expected to increase by USD 243.06 million from 2021 to 2026.

Browse Consumer Discretionary Market Reports

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product Type

• 5.1 Market segments 
• Exhibit 24: Chart on Product Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product Type - Market share 2021-2026 (%)

• 5.2 Comparison by Product Type 
• Exhibit 26: Chart on Comparison by Product Type
• Exhibit 27: Data Table on Comparison by Product Type

• 5.3 Wall Mounted - Market size and forecast 2021-2026
• Exhibit 28: Chart on Wall Mounted - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Wall Mounted - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Wall Mounted - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Wall Mounted - Year-over-year growth 2021-2026 (%)

• 5.4 Floor - Market size and forecast 2021-2026
• Exhibit 32: Chart on Floor - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Floor - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Floor - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Floor - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product Type 
• Exhibit 36: Market opportunity by Product Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 3M Co. 
• Exhibit 89: 3M Co. - Overview
• Exhibit 90: 3M Co. - Business segments
• Exhibit 91: 3M Co. - Key news
• Exhibit 92: 3M Co. - Key offerings
• Exhibit 93: 3M Co. - Segment focus

• 10.4 A. O. Smith Corp. 
• Exhibit 94: A. O. Smith Corp. - Overview
• Exhibit 95: A. O. Smith Corp. - Business segments
• Exhibit 96: A. O. Smith Corp. - Key offerings
• Exhibit 97: A. O. Smith Corp. - Segment focus

• 10.5 Canature Health Technology Group Co. Ltd.
• Exhibit 98: Canature Health Technology Group Co. Ltd. - Overview
• Exhibit 99: Canature Health Technology Group Co. Ltd. - Product / Service
• Exhibit 100: Canature Health Technology Group Co. Ltd. - Key offerings

• 10.6 Culligan International Co 
• Exhibit 101: Culligan International Co - Overview
• Exhibit 102: Culligan International Co - Product / Service
• Exhibit 103: Culligan International Co - Key offerings

• 10.7 EcoWater Systems LLC 
• Exhibit 104: EcoWater Systems LLC - Overview
• Exhibit 105: EcoWater Systems LLC - Product / Service
• Exhibit 106: EcoWater Systems LLC - Key offerings

• 10.8 General Electric Co 
• Exhibit 107: General Electric Co - Overview
• Exhibit 108: General Electric Co - Business segments
• Exhibit 109: General Electric Co - Key news
• Exhibit 110: General Electric Co - Key offerings
• Exhibit 111: General Electric Co - Segment focus

• 10.9 Harvey Water Softeners 
• Exhibit 112: Harvey Water Softeners - Overview
• Exhibit 113: Harvey Water Softeners - Product / Service
• Exhibit 114: Harvey Water Softeners - Key offerings

• 10.10 Kinetico Inc. 
• Exhibit 115: Kinetico Inc. - Overview
• Exhibit 116: Kinetico Inc. - Product / Service
• Exhibit 117: Kinetico Inc. - Key offerings

• 10.11 Pentair Plc 
• Exhibit 118: Pentair Plc - Overview
• Exhibit 119: Pentair Plc - Business segments
• Exhibit 120: Pentair Plc - Key news
• Exhibit 121: Pentair Plc - Key offerings
• Exhibit 122: Pentair Plc - Segment focus

• 10.12 Whirlpool Corp. 
• Exhibit 123: Whirlpool Corp. - Overview
• Exhibit 124: Whirlpool Corp. - Business segments
• Exhibit 125: Whirlpool Corp. - Key offerings
• Exhibit 126: Whirlpool Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations 
• Exhibit 133: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio