Thewater softener market sizehas the potential to grow by USD 559.36 million during 2020-2024, and themarket’s growth momentum will accelerate during the forecast period.
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The market is concentrated, and the degree of concentration willaccelerate during the forecast period. 3M Co., A. O. Smith Corp., CulliganInternational Co., EcoWater Systems LLC, General Electric Co., Qingdao HaierCo. Ltd., Honeywell International Inc., Kinetico Inc., Pentair Plc, andWhirlpool Corp. are some of the major market participants. The innovation andproduct premiumization will offer immense growth opportunities. To make themost of the opportunities, market vendors should focus more on the growthprospects in the fast-growing segments, while maintaining their positions inthe slow-growing segments.
Innovation and product premiumization have been instrumental in drivingthe growth of the market.
Household Water Softener System Market 2020-2024: Segmentation
Household Water Softener System Market is segmented as below:
o North America
o South America
· Distribution Channel
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Household Water Softener System Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,synthesis, and summation of data from multiple sources. Our household water softener systemmarket report covers the following areas:
· Household Water Softener System Market Size
· Household Water Softener System Market Trends
· Household Water Softener System Market Industry Analysis
This study identifies rising adoption of home automation to supplementWi-Fi enabled water softener systems as one of the prime reasons driving thehousehold water softener system market growth during the next few years.
Household Water Softener System Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the householdwater softener system market, including some of the vendors such as 3M Co., A.O. Smith Corp., Culligan International Co., EcoWater Systems LLC, GeneralElectric Co., Qingdao Haier Co. Ltd., Honeywell International Inc., Kinetico Inc.,Pentair Plc, and Whirlpool Corp. Backed with competitive intelligence andbenchmarking, our research reports on the household water softener systemmarket are designed to provide entry support, customer profile and M&As aswell as go-to-market strategy support.