Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 834.1 Million | USD 3243.4 Million | 18.05% | 2022 |
FrequentlyAsked Questions
A smart water softener is used for treating hard water and converting it into soft water. Hard water has a high concentration of minerals like magnesium and calcium ions which are easily dissolved in water. However, soft water does not contain minerals and is taken from natural sources. The smart water softener makes water free from minerals by the ion exchange method. The hard water tends to create build-ups like lime or mineral scales in the appliances which further halts the water supply. It creates stains and deposits on daily-use fixtures that are very harmful to health.
The innovation of advanced devices in smart water softeners boosts market growth by improving the health and well-being of the people. Automation of in-home essentials has created a positive impact on the minds of the consumers and hence diversified the customer base coupled with innovative products contributing significantly towards the growth of the global smart water softener market.
According to the report, the global market size was worth around USD 834.1 million in 2022 and is predicted to grow to around USD 3243.4 million by 2030.
The global smart water softeners market is expected to grow at a CAGR of 18.5% during the forecast period.
The global smart water softeners market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market owing to the increasing public awareness regarding the negative impacts of hard water resulting in steady sales of these products.
The global smart water softeners market is dominated by players like Ion Exchange, EcoWater Systems, Whirlpool Corporation, Kinetico, GHP Group, KENT RO Systems, SpringWell Water Filtration Systems, Veolia, NuvoH2O, Brita, Suez, Filtersmart, Atlas Filtri, SoftPro Water Systems, AQUAPHOR, Water Filter Company, Pure Aqua and US Water Systems among others.
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