ID: MRFR/IA - E/1926-CR | April 2017 | Region: Global | 68 pages
The Americas packaged water treatment system market was valued at USD 2,611.1 Million in 2015, and is expected to reach USD 3,557.7 Million by 2022.
These are highly suitable for small to medium scale industries as well as residential complexes. Advantages of these systems are low space requirement as well as low cost due to reduced civil labor and installation work are the key drivers for the market. Other driving factors of this market include rapid urbanization & industrialization in South America, and increasing government initiatives towards improvement of health standards. However, high maintenance and operational costs are the major restraints that could hinder the market growth.
GE Water & Process Technologies (U.S.), RWL Water (U.S.), WesTech Engineering Inc. (U.S.), Smith & Loveless Inc. (U.S.), Napier-Reid Ltd. (Canada), Enviroquip (U.S.) and Corix Water System (Canada) are some of the leading players operating in this market.
Study objectives of Americas Packaged Water Treatment System Market
Regional Analysis of Americas Packaged Water Treatment System Market
North America is leading the market for packaged water treatment system with a market share of 73.52% in 2015. The region is expected to grow at 5.20% CAGR during the forecast period. Factors such as increasing demand from the oil & gas industry and scarcity of clean water is driving the market in the region. While, Latin America is projected to grow at 2.90% CAGR during the forecast period.
The packaged water treatment systems are basically pre-assembled, skid mounted and factory tested systems with fewer requirements for installation and reduced on-site construction cost. These are used to store ample amount of water and can be easily transported to the required site. The packaged water treatment system is highly recommended for residential complexes and industries.
The report for Americas Packaged Water Treatment System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
|Market Size||2022: USD 3,557.7 Million|
|CAGR||5.20% CAGR (2020-2027)|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type and Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||GE Water & Process Technologies (U.S.), RWL Water (U.S.), WesTech Engineering Inc. (U.S.), Smith & Loveless Inc. (U.S.), Napier-Reid Ltd. (Canada), Enviroquip (U.S.) and Corix Water System (Canada)|
|Key Market Opportunities||New product launches and R&D amongst major key players|
|Key Market Drivers||Reduced civil labor and installation work|
Frequently Asked Questions (FAQ) :
The market growth rate in the years ahead can be approximately 4.62%.
The global market can accrue a valuation of USD 3577.7 million by the end of the review period.
Napier-Reid Ltd. (Canada), Enviroquip (U.S.), GE Water & Process Technologies (U.S.), WesTech Engineering Inc. (U.S.), Smith & Loveless Inc. (U.S.), RWL Water (U.S.), Corix Water System (Canada), are the notable companies in the global market.
Depending on the type, extended aeration segment is leading the market.
Rising urbanization as well as compact size of the packaged water treatment system makes municipal the leading application segment in the market.
North America holds the largest share of 73.52% in the market.
Latin America can attain a growth rate of 2.90% during the forecast timeframe.