Key vendors are investing in technological advancement to strategically increase their sales
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global residential water treatment equipment market in their latest research report. This report also lists 23 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of of residential water treatment equipment worldwide.
- POU equipment: This are under the sink systems, countertop systems, and faucet mount systems.
- POE equipment: This are water softener systems, reverse osmosis (RO) and ultrafiltration filters, ultraviolet (UV) systems, and carbon systems.
This Technavio report, under general retail goods and services vertical, is based on the synthesis, analysis, and interpretation of information about the global residential water treatment equipment market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The competition in the market is intense due to the presence of various international and regional players. The manufacturers are offering a wide range of water treatment chemicals such as coagulants and flocculants, biocides and disinfectants, inhibitors, deformers and deforming agents, pH adjusters, and softeners to gain a larger market share. The leading players are competing on the basis of pricing, technology, and quality. The vendors are offering equipment at lower costs to the Asian countries to increase their global footprint and to gain a larger consumer base. The companies are delivering robust after-sales service to sustain the competition in the market. Leading players are forming strategies to adapt local water environment, overall market conditions, and end-user needs to gain a competitive advantage over other players in the market.
“The vendors are launching modern water treatment equipment with innovative features that increase the performance of these devices. For instance, Pentair recently introduced two technologies named Green RO encapsulated membrane and Fleck 5800 valve Series to deliver safer and better water that meets the government requirements. These technologies produce high-quality drinking water at home and saves around 50% more water than any other devices available in the market,” says Poonam Saini, a lead analyst at Technavio for research on general retail goods and services.
Top five vendors in the residential water treatment equipment market space
3M
The company offers construction and home improvement products, water treatment products, home care products, protective material products, consumer personal safety products, and consumer health care products. It is also planning for co-branding of its products through joint ventures, joint marketing, licensed merchandise, and sponsorship. Recently, it announced that it will supply bottled water and state-funded filtration systems to 80 homes in Washington County, as part of a contract with The Minnesota Department of Health.
Key products: Whole House Filtration – Advanced Whole House Filtration System for City Water, Advanced Whole House Filtration System for Well Water and Drinking Water Systems – Full Flow Drinking Water System, Pro Reverse Osmosis Drinking Water Filtration System.
EcoWater Systems
EcoWater Systems designs and manufactures residential water treatment systems and its offerings include water softeners, refiners, conditioners, and filters. The primary end-users of their systems are residential apartments, office buildings, hospitals, restaurants, office buildings, and shopping centers. In recent times, the company announced the introduction of a new safe foundation system that removes lead and other contaminants from drinking fountains.
Key products: Whole Home Systems – Softener + Reverse Osmosis, Refiner + Reverse Osmosis and Drinking Water Systems – Reverse Osmosis.
General Electric
The company provides products such as filters, softeners, and filtration systems, laundry products, air conditioners, refrigerators, cleaning products, and cooking products. The company is focusing on innovations by launching new products and services that are related to water filter membrane technology through R&D.
Key products: Whole Home Filtration – Whole Home Water Filtration System, Reverse Osmosis Filtration System and Drinking Water Filtration – Dual and Single Stage Carbon Filtration Systems; Kitchen, Bath and Shower Filtration Systems; In-Line Refrigerator Filtration Systems.
Pentair
Pentair engages in the designing, manufacturing, and marketing of automation and controls, actuators, service values, and water quality systems. The company engages in the designing, manufacturing, marketing, and servicing of water treatment equipment and POU filtration for residential and commercial applications.
Key products: Whole Water Treatment System – Water Softening Systems, Ultrafiltration Systems and Drinking Water Systems – MTBE Filtration Systems, Reverse Osmosis Drinking Water Systems.
Mitsubishi Rayon
The company offers water treatment products that include ultrapure water producing plant, process water treatment plant, standard equipment, separation and purification plant, ion exchange resin, and water treatment chemicals. The company is investing in the development of innovative production technologies in the field of water purifiers.
Key products: Drinking and Bathing Water Systems – Faucet Mounted, Counter-top, Built-in (under sink), Dechlorination Shower.
Other prominent vendors in this market include Affordable Water Treatment, Bergerson-Caswell, Brita, Coway, Eureka Forbes, Hyflux, Kent RO Systems, Koninklijke Philips, KITZ MICRO FILTER, Kurita Water Industries, LG, Litree, May Supply, Norlen’s Water Treatment, OSG, Ozone Pure Water, Panasonic, Pargreen Process Technologies, Pure Water Technology, Safe Water Technologies, Thermax, Water-Right, and Whirlpool.
A more detailed analysis is available in the Technavio report, Global Residential Water Treatment Equipment Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Commercial Water Treatment Equipment Market 2016-2020
- Global Residential Drinking Water Treatment Equipment Market 2016-2020
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