Global Outlook by Market Entry
Absolute Markets Insights instantiated a report which provides a complex analysis of Smart Water Purifier market trends that will affect the overall market growth. Besides, it also includes detailed information about the breakeven chart, SWOT analysis, market share and regional breakdown of the company. Further, the report provides information on the current scenario of major market players in the competitive landscape analysis of this market.
Some of the players operating in the 3M global smart water purifier, AO Smith Corporation, Coway USA Inc., KENT RO Systems Ltd., OCEO and Xiaomi, among others.
The global smart water purifier market is expected to gain traction due to the constant initiatives by market players to integrate new technologies in smart water purifiers. The intelligent water purification system is an upgraded version of conventional water purification systems and uses technologies such as reverse osmosis (RO), ultraviolet (UV), ultrafiltration (UF), nanofiltration and antibacterial filtration for water purification. The constant increase in the number of IoT enabled devices is pushing market players to introduce smart water purifiers that can be controlled and regulated with smartphones. These technology upgrades provide Bluetooth connectivity, Wi-Fi and smart apps with smart water purifier systems to increase user convenience.
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In addition, the increase in the rate of water-borne illnesses due to the consumption of contaminated water is one of the major concerns pushing market players to introduce new filtration concepts and purification models. In addition, rapid urbanization among developing countries, such as China, India and Brazil, as well as the introduction of the concept of smart cities are expected to increase the adoption of IoT enabled devices. Thus, these factors are expected to generate opportunities for the smart water purifier market players to expand and invest in these countries.
The major players in the global smart water purifier market are using the concept of offering RO + UV based smart water purifiers that utilize RO as well as UV purification processes to meet the standards set by various governments on the market. quality of drinking water. For example, in 2019, Xiaomi introduced the Xiaomi Mi Smart Water Purifier (RO + UV) in India, which is equipped with a 5-step purification process and real-time monitoring with two built-in TDS sensors. . Xiaomi Mi Smart Water Purifier allows users to access data associated with smart water purifiers through the Mi Home app.
OCEO showcased a smart water purifier that offers water purification as an IoT-enabled service, with the goal of eliminating high upfront costs, operational costs, and maintenance issues. The water purifier uses internet-connected sensors to monitor and display the water hardness level on connected devices as well as conventional water delivery. Thus, these factors are expected to propel the smart water purifier market across the globe during the forecast period.
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Objectives of the report:
• To define, describe, segment and forecast the smart water purifier market by type, application and region
• Forecast the market size of various market segments relative to major regions such as North America, Europe, APAC, MEA and Latin America as well as major countries in each of these regions .
• To analyze each submarket in terms of its own growth trends, prospects and contribution to the overall market.
• To provide detailed information on the major factors influencing the growth of the market such as drivers, restraints, opportunities and challenges.
• To profile key market players, generate benchmarking based on their business insights, service offerings, regional presence, business strategies, and provide businesses with the internal statistical tools needed to understand the competitive landscape.
• Monitor and analyze competitive developments, such as mergers and acquisitions, partnerships and collaborations in the market
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Global Smart Water Purifier Market:
• By connectivity
• By process
o Reverse osmosis (RO)
o Ultra-filtration (UF)
o Ultraviolet (UV)
o Activated carbon
o Sediment filter
o Antibacterial filter
• By end user
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