Water technology innovation is changing the lifestyle of end users-Ariston

2021-11-13 01:25:09 By : Mr. Raymond Zhang

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Chicago, November 9, 2021/PRNewswire/-Did you know that domestic water dispensers are considered an effective source of purified tap water, especially among residential end users who lead a healthy life? In recent years, due to its compact size and design, the economical countertop version is expected to become the first choice in the entire drinking fountain market. Suppliers of e-commerce platforms are actively developing new technologies to increase their sales in the global water technology market. As consumers become more aware of water-borne diseases, participants prioritize RO and UV as the main technology of multi-stage filtration, which in turn can be profitable because they are proven to be more effective than other water filtration methods. Observing these rapid and dramatic changes in demand and supply patterns prompted Arizton's industry analysts to publish detailed, data-based insights on these latest trends in the consumer goods retail technology industry. If you want to grow and make profits in your business, please check out our extensive consumer goods retail technology-related reports now and get customized solutions based on your business needs! 

1. Household water purifier market-global outlook and forecast for 2021-2026

By 2026, the household water filtration market will reach 7.13 billion U.S. dollars, growing at a compound annual growth rate of 8.49% during the period 2021-2026. Due to the low penetration rate of smart water filters, water filters that support the Internet of Things are expected to become the next big opportunity for established companies in the household water filter market. Arizton estimates that global players will achieve inorganic growth by acquiring regional or local players in the next few years, thereby gaining greater influence in the global market. In the booming Asia-Pacific and Latin American markets, offline sales and highly friendly methods are encouraging. As people’s awareness of drinking water continues to increase and the level of drinking water pollution continues to increase, these markets have huge potential. Brands that value water tanks such as Brita and LifeStraw can expand their product lines to take advantage of the rising opportunities in the sink, faucet, and shower filter segments in the coming years.

Get more insights now! https://www.arizton.com/market-reports/home-water-filter-market-size

2. Ultrapure water market-global outlook and forecast for 2021-2026

It is estimated that the ultrapure water market will reach 11.21 billion U.S. dollars in 2026, with a compound annual growth rate of 7.78%. Due to the low latency of 5G and the ability to connect millions of devices in a small area, the arrival of 5G brings several new business opportunities and value-added services. The application of 5G in water treatment technology is conducive to the management of water resources. Remote access and connection functions are expected to become important trends in the ultrapure water market. The introduction of 5G mobile networks is expected to surge the demand for semiconductor components. This is expected to have a positive impact on the demand for ultrapure water in the microelectronics industry. The Asia-Pacific region is the largest market for ultrapure water, accounting for 60.05% of the global market. The region is expected to dominate in terms of revenue during the forecast period. The semiconductor industry's demand for ultrapure water has supported this growth, especially in countries such as China, South Korea and India.

Get more insights now! https://www.arizton.com/market-reports/ultrapure-water-market-size

3. Water dispenser market-global outlook and forecast 2021-2026

It is estimated that by 2026, the water dispenser market will reach a revenue of 1.1859.4 billion U.S. dollars, with a compound annual growth rate of 7.35% during the period 2021-2026. Players are advised to pay attention to face-to-face communication with customers in emerging economies to get a better experience, because they regard products such as stand-alone water dispensers and multifunctional faucets as expensive investments in the water dispenser market. Blupura is a leader in the use of environmentally friendly details in drinking fountains, and the use of natural refrigerants in drinking fountains is the main differentiating factor in the industry. Companies such as Avalon have partnered with global companies such as Honeywell, Coca-Cola, Target, Lexus and Pepsi to promote their growth in the global water dispenser market. With the implementation of infrared sensor distribution, the reduction of direct human-to-human contact is booming during the COVID-19 pandemic. For example, Quench Q8 water dispenser uses a non-contact sensor to activate the distribution, which can provide instant hot and cold water.

Get more insights now! https://www.arizton.com/market-reports/water-dispenser-market-size-analysis

4. U.S. Water Heater Market-Industry Outlook and Forecast 2021-2026

By 2026, the US water heater market is expected to reach US$4.16768 billion, growing at a compound annual growth rate of 4.89% during the forecast period. The ongoing mergers and acquisitions and other partnerships of suppliers in the US water heater market will enable them to expand their product portfolios, upgrade existing product lines, and enter new markets. The U.S. government’s smart city program and its focus on smart technologies that improve living standards provide the country’s smart water heater suppliers with huge growth potential. The adoption rate of water heaters by American end users is impressive, and suppliers are paying more and more attention to innovation in the US water heater market. Texas, Utah, Washington and Colorado are among the fast-growing states in the country. Most of these states have high median disposable incomes, with personal income growing at a rate of nearly 5% to 8%. Therefore, all these factors will accelerate the demand for water heaters during the forecast period.

Get more insights now! https://www.arizton.com/market-reports/us-water-heater-market

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Source: Ariston Consulting and Intelligence

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