The water treatment device market is predicted to grow at a CAGR of 6.8% by 2030. As an example, remote sensing of water allows for non-sales water remediation, water accounting, net of things (IoT) that allows water excellent management, and smart irrigation. Coupled with new computing capacity, it enables marketplace gamers to plot complex fashions for water management.
An increase in water treatment system innovation to generate minimal wastewater for the industrial sector is a key factor driving the market for water treatment systems. With the global population expected to reach 9.7 billion by 2050, it is becoming increasingly important to produce more with fewer resources.
Technology and innovation are playing an important role in security and scarcity, software operations, water efficiency, tracking and remediation, and data analytics. Companies and utilities are showing a greater interest in testing and implementing future-proof technology, according to market participants.
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Key Takeaways of Water Treatment System Market Study
Worldwide adoption of water treatment systems to surge at 6.8% CAGR over 2022-2030
Preliminary treatment systems to procure leading revenue share, tantamount to 40%
Application in process water/water treatment to remain prominent through 2030
Industrial sector to attract substantial investments from stakeholders
East Asia to emerge as epicenter of value-capture opportunities in coming years
Water treatment systems have been considered a reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in the protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus. Several companies are stepping up existing water treatment facilities in hard-hit areas that possibly contract COVID-19 infection from places including, community clinics, hospitals, and nursing homes.
“Preserving and reusing wastewater has not been among key priorities for businesses, or individuals. That being said, rising ecological consciousness and increasing regulatory pressure to lower the consumption of natural resources are influencing several industrial businesses to look for innovative ways to use – and reuse – water,” says analyst at FMI.
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Water Treatment System Market by Category
By System Type, the Water Treatment System Market is segmented as:
· Water Treatment
· Membrane Bio- Reactor (MBR)
· Reverse Osmosis (RO)
· Micro- Filtration (MF)
· Nano/Ultra Filtration (NF/UF)
· Disinfectants (UV, Ozone)
· Sludge Treatment
· Activated Sludge
· Sludge Thickening & Dewatering
· Sludge Drying
By Application, the Water Treatment System Market is segmented as:
· Process Water/Water Treatment
· Waste Water Treatment
· Zero Liquid Discharge
· Desalination
By End Use, the Water Treatment System Market is segmented as:
· Residential Buildings
· Commercial Buildings
· Municipality
· Industrial
· Chemical & Petrochemicals
· Oil & Gas
· Mining & metals
· Food & Beverage
· Pharmaceuticals
· Semiconductors
· Thermoelectric Power Plants
· Pulp & Paper
· Sugar Mills
· Textiles
· Leather
By Region, the Water Treatment System Market is segmented as:
· North America
· Latin America
· Europe
· East Asia
· South Asia & Pacific
· Middle East
· Africa
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