Market Overview:
The global smart water purifier market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using a smart water purifier, rising disposable income, and growing demand for clean and safe drinking water. The global smart water purifier market can be segmented on the basis of type into coarse filter water purifiers, ultrafiltration (UF) water purifiers, and reverse osmosis (RO) water purifiers. The UF segment is expected to grow at the highest CAGR during the forecast period owing to its ability to remove particles as small as 0.1 microns from drinking water. On the basis of application, the home segment is expected to account for majority ofthe share in terms of revenue in 2018 followed by commercial applications segments respectively.
Product Definition:
Smart water purifier is a type of water purifier that utilizes sensors and advanced algorithms to detect and respond to changes in the quality of your tap water. It can automatically adjust its settings to ensure that your water is always clean and safe to drink. Smart water purifiers are important because they provide peace of mind, knowing that you're always getting the best quality drinking water possible.
Coarse Filter Water Purifier:
Coarse filter water purifier is a type of activated carbon that has large pores and pore size distribution. The product’s superior surface area and high adsorption capacity make it very effective in removing contaminants from water. Coarse filter can remove chlorine, organic chemicals, taste & odor from the water effectively as compared to other types of filters such as reverse osmosis or ultrafiltration.
Ultrafiltration Water Purifier:
Ultrafiltration is a cross-flow filtration process that enhances the water quality by reducing bacteria, viruses, and other harmful contaminants. It also removes heavy metals from the water. The ultrafilter technology used in this purifier helps to remove around 99% of pollutants with less than 1% of the particles size including chemicals, dirt, rust and scale.
Application Insights:
The home application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to increasing awareness about access to clean water at home and growing concerns about outbreak of diseases due to contaminated water supply. In addition, rising demand for continuous product improvement is expected to drive the market over the forecast period.
Commercial applications are anticipated witness significant growth during the forecast period owing to rapid urbanization along with industrial and residential expansion projects across developing countries such as India, China and Brazil which are likely to increase demand for smart water purifiers in commercial spaces soonest possible time frame within next few years from 2018 till 2030 globally speaking.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding health and hygiene, coupled with rapid urbanization in emerging countries such as India and China. In addition, rising disposable income levels are anticipated to fuel the demand for smart purifiers in this region.
The Asia Pacific region is characterized by rapidly growing economies that have led to increased population along with a rise in per capita spending power across all economic strata of society including farmers & fishermen community who constitute more than 50% of the total population of this region. This has resulted into an increase in demand for these products among consumers looking forward a better life by moving towards urban areas thereby fueling regional market growth over the forecast period.
Europe was estimated as one of the largest regional markets on account of high product adoption owing to stringent regulations from governments aimed at ensuring quality standards associated with water treatment processes followed by different manufacturers across various regions globally including North America.
Growth Factors:
- Increasing awareness about the benefits of using a smart water purifier: A large number of people are unaware of the benefits of using a smart water purifier. There is a growing demand for these devices as people become more aware of their advantages.
- Rising disposable income: The growth in disposable income has led to an increase in spending on luxury items, including smart water purifiers. This is providing impetus to the market growth.
- Growing urban population: The increasing population in urban areas is leading to an increase in demand for smart water purifiers, as these devices offer an efficient and convenient way to obtain clean drinking water.
- Technological advancements: Rapid technological advancements are resulting in innovative and advanced products being launched into the market, which is benefiting the growth prospects of the Smart Water Purifier market . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Water Purifier Market Research Report
By Type
Coarse Filter Water Purifier, Ultrafiltration Water Purifier, Reverse Osmosis Water Purifier
By Application
Home, Commercial
By Companies
Xiaomi, VLND, Aquasure, Red Dot, Amway, VIOMI, Shanghai Chunmi Electronics Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Smart Water Purifier Market Report Segments:
The global Smart Water Purifier market is segmented on the basis of:
Types
Coarse Filter Water Purifier, Ultrafiltration Water Purifier, Reverse Osmosis Water Purifier
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Xiaomi
- VLND
- Aquasure
- Red Dot
- Amway
- VIOMI
- Shanghai Chunmi Electronics Technology
Highlights of The Smart Water Purifier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coarse Filter Water Purifier
- Ultrafiltration Water Purifier
- Reverse Osmosis Water Purifier
- By Application:
- Home
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Water Purifier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A smart water purifier is a type of water filter that can be controlled using an app or a computer. These filters are designed to improve the quality of your drinking water by removing contaminants, including bacteria, viruses, and chemicals.
Some of the major players in the smart water purifier market are Xiaomi, VLND, Aquasure, Red Dot, Amway, VIOMI, Shanghai Chunmi Electronics Technology.
The smart water purifier market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Water Purifier Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Water Purifier Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Water Purifier Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Water Purifier Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Water Purifier Market Size & Forecast, 2018-2028
4.5.1 Smart Water Purifier Market Size and Y-o-Y Growth
4.5.2 Smart Water Purifier Market Absolute $ Opportunity
Chapter 5 Global Smart Water Purifier Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Water Purifier Market Size Forecast by Type
5.2.1 Coarse Filter Water Purifier
5.2.2 Ultrafiltration Water Purifier
5.2.3 Reverse Osmosis Water Purifier
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Water Purifier Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Water Purifier Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Water Purifier Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Water Purifier Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Water Purifier Analysis and Forecast
9.1 Introduction
9.2 North America Smart Water Purifier Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Water Purifier Market Size Forecast by Type
9.6.1 Coarse Filter Water Purifier
9.6.2 Ultrafiltration Water Purifier
9.6.3 Reverse Osmosis Water Purifier
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Water Purifier Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Water Purifier Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Water Purifier Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Water Purifier Market Size Forecast by Type
10.6.1 Coarse Filter Water Purifier
10.6.2 Ultrafiltration Water Purifier
10.6.3 Reverse Osmosis Water Purifier
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Water Purifier Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Water Purifier Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Water Purifier Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Water Purifier Market Size Forecast by Type
11.6.1 Coarse Filter Water Purifier
11.6.2 Ultrafiltration Water Purifier
11.6.3 Reverse Osmosis Water Purifier
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Water Purifier Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Water Purifier Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Water Purifier Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Water Purifier Market Size Forecast by Type
12.6.1 Coarse Filter Water Purifier
12.6.2 Ultrafiltration Water Purifier
12.6.3 Reverse Osmosis Water Purifier
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Water Purifier Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Water Purifier Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Water Purifier Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Water Purifier Market Size Forecast by Type
13.6.1 Coarse Filter Water Purifier
13.6.2 Ultrafiltration Water Purifier
13.6.3 Reverse Osmosis Water Purifier
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Water Purifier Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Water Purifier Market: Competitive Dashboard
14.2 Global Smart Water Purifier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xiaomi
14.3.2 VLND
14.3.3 Aquasure
14.3.4 Red Dot
14.3.5 Amway
14.3.6 VIOMI
14.3.7 Shanghai Chunmi Electronics Technology
