Market Overview:
The global smart water softeners 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 demand for smart water softeners across different applications, such as residential, commercial, and industrial. In addition, the growing awareness about the benefits of using smart water softeners is also contributing to the growth of this market. Salt-based water softeners are currently dominating the global smart water softener market and are expected to continue their dominance during the forecast period. However, salt-free water softeners are witnessing a high rate of adoption due to their eco-friendly nature and low maintenance requirements.
Product Definition:
A water softener is a household appliance that removes calcium, magnesium and other ions from hard water. These ions are often added to municipal drinking supplies to prevent the build-up of scale on pipes and fixtures. A smart water softener connects to a home's wifi network and can be controlled remotely by a smartphone or computer. Smart water softeners can also be programmed to regenerate at certain times based on the amount of hardness present in the incoming water supply. This allows for more efficient use of salt and other resources, as well as reduced wear on the machine itself.
Salt Based Water Softeners:
Water softeners are used to reduce the hardness of water. The most common type of water softener is sodium bicarbonate, which is also known as baking soda or sour salt. However, there are other types such as calcium carbonate and magnesium carbonate that are used less frequently because they have more side effects than others. There has been a recent shift in trend towards using environmentally friendly products due to stringent regulations on usage of synthetic chemicals by agencies such as EPA and REACH.
Salt Free Water Softeners:
Salt free water softeners are used to reduce the hardness of water. The product is a type of ion exchanger which removes magnesium and calcium ions from the hard water. It does not affect sodium or potassium hardness in the drinking water, as it contains no salt.
The demand for salt free products has been increasing over the past few years on account of growing health awareness among consumers regarding high blood pressure and other heart diseases associated with high consumption of salt in food & beverages.
Application Insights:
The residential segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. This can be attributed to rising disposable income levels across various regions, coupled with increasing awareness regarding efficient and economical solutions. Moreover, easy installation along with a high level of customer satisfaction are expected to drive demand over the forecast period.
Commercial applications include hotels, restaurants, spas, gymnasiums and swimming pools among others. These facilities require large volumes of soft water as they have high hygiene requirements which attract fewer vendors due to low demand compared to residential or industrial applications.
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 water conservation and usage, growing population, and rapid urbanization in countries such as India and China. Rising demand for clean water owing to increasing population has led major companies in this region to invest heavily in R&D activities related to smart softeners. This factor is also anticipated to drive product adoption across this region over the forecast period.
Europe was estimated at USD X million in 2017 owing high consumption of mineral based softeners for household applications across countries such as Germany, U.K., France among others are expected drive industry growth over next six years or so till 2030 AD (Adjusted Dollar Timescale).
Growth Factors:
- Increasing awareness about the benefits of using a smart water softener among consumers.
- Rising disposable income of consumers, which enables them to invest in premium products such as smart water softeners.
- Growing demand for energy-efficient and eco-friendly appliances, which is driving the demand for smart water softeners.
- Technological advancements in the field of smart water softening systems that are making these systems more efficient and user-friendly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Water Softeners Market Research Report
By Type
Salt Based Water Softeners, Salt Free Water Softeners
By Application
Residential, Commercial, Industrial
By Companies
A.O Smith, 3M, Culligan, EcoWater system, Pentair, Panasonic Corporation, Whirlpool Corporation, Coway, Kenmore, GE ELECTRIC, TRULIVA
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Smart Water Softeners Market Report Segments:
The global Smart Water Softeners market is segmented on the basis of:
Types
Salt Based Water Softeners, Salt Free Water Softeners
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
Residential, Commercial, Industrial
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:
- A.O Smith
- 3M
- Culligan
- EcoWater system
- Pentair
- Panasonic Corporation
- Whirlpool Corporation
- Coway
- Kenmore
- GE ELECTRIC
- TRULIVA
Highlights of The Smart Water Softeners 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:
- Salt Based Water Softeners
- Salt Free Water Softeners
- By Application:
- Residential
- Commercial
- Industrial
- 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 Softeners 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 softener is a device that can be installed in your home to soften water. It uses sensors and algorithms to detect when you need more or less water, and then adjusts the amount of salt it uses accordingly. This means that your water will always be softer, without any harsh chemicals or minerals.
Some of the major companies in the smart water softeners market are A.O Smith, 3M, Culligan, EcoWater system, Pentair, Panasonic Corporation, Whirlpool Corporation, Coway, Kenmore, GE ELECTRIC, TRULIVA.
The smart water softeners market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Water Softeners 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 Softeners Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Water Softeners 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 Softeners 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 Softeners Market Size & Forecast, 2020-2028
4.5.1 Smart Water Softeners Market Size and Y-o-Y Growth
4.5.2 Smart Water Softeners Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Salt Based Water Softeners
5.2.2 Salt Free Water Softeners
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Water Softeners 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 Softeners 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Salt Based Water Softeners
9.6.2 Salt Free Water Softeners
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 Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Salt Based Water Softeners
10.6.2 Salt Free Water Softeners
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 Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Salt Based Water Softeners
11.6.2 Salt Free Water Softeners
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 Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Salt Based Water Softeners
12.6.2 Salt Free Water Softeners
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 Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Salt Based Water Softeners
13.6.2 Salt Free Water Softeners
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) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Softeners Market: Competitive Dashboard
14.2 Global Smart Water Softeners Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A.O Smith
14.3.2 3M
14.3.3 Culligan
14.3.4 EcoWater system
14.3.5 Pentair
14.3.6 Panasonic Corporation
14.3.7 Whirlpool Corporation
14.3.8 Coway
14.3.9 Kenmore
14.3.10 GE ELECTRIC
14.3.11 TRULIVA
