Overview of the global RO systems market
As per the Technavio’s market research report, the global RO systems market is expected to grow at steady rate and will post a CAGR of more than 7% during the forecast period. The growing demand for safe and clean water will drive the growth prospects for the global RO systems market for the next four years. With the growing number of population, demand for water consumption from humans, agriculture, and industry shrinking water resources, and increasing the cost of wastewater disposal, the market is witnessing a huge demand for wastewater treatment technologies such as the reverse osmosis water filter. The RO wastewater treatment system efficiently utilizes the discarded water released from industries and treats them for reuse for various purposes and reduces the stress on groundwater. Consequently, the use of RO plant can help remove the particulate contaminants from the water and ensure safety, which will fuel the demand for RO water purifier systems across the globe.
The improvement in membrane technology will drive the growth prospects for the global RO systems market during the projected period. Wastewater treatment by membrane reactors and desalination by RO addresses energy and water scarcity issues and meets sustainability criteria such as environmental impact, ease of use, land use, adaptability, and flexibility, which will further drive the market’s growth.
Competitive landscape and key vendors
A large number of prominent vendors in the global RO systems market offers a complete range of products, which includes turnkey solutions from planning to installation within a short turnover period. These vendors have a portfolio of water purification and wastewater treatment equipment, which is offered based on suitability for customers and their needs. Various strategies such as mergers and acquisitions, joint ventures, contracts, agreements, as well as partnerships are adopted by market players to expand their geographical reach and enhance their customer base. Vendors at the regional level are taking efforts to introduce innovative products and technologies and cater to the changing market dynamics by engaging strongly in research and developmental activities.
Key vendors in this market are -
- Evoqua Water Technologies
- GE Water & Process Technologies
- OSMO Membrane Systems
- Pall
- The Dow Chemical Company
Other prominent vendors in the market include Alfa Laval, Applied Membranes, Graver Technologies, King Filtration Technologies, Koch Membrane Systems, Lenntech, MICRODYN-NADIR, Novasep, PARKER HANNIFIN, Pentair, Porex Filtration, Sartorius, Sepratech Liquid Solutions, and Veolia Water Technologies.
Segmentation by end-user and analysis of the RO systems market
In 2016, the residential segment led the global RO systems market with the increasing demand for high-purity water from the municipality and residential segments. Since the demand for RO membranes is increasing with the growing rate of urbanization and growth in the economy, the market segment is estimated to grow further in the coming years.
Segmentation by geography and analysis of the RO systems market
The APAC region was the highest revenue contributor towards the global RO systems market in 2016 and is estimated to dominate the market for the next four years. Factors such as growing population and the industrialization of many countries, such as China, Japan, Australia, and India, will boost the number of installations of RO systems during the projected period. The market in the region is also driven by the supportive regulatory action to induce industrial water reuse.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global reverse osmosis (RO) systems market?
- What are the key market trends impacting the growth of the global reverse osmosis (RO) systems market?
- What are the challenges to market growth?
- Who are the key vendors in the global reverse osmosis (RO) systems market?
- What are the market opportunities and threats faced by the vendors in the global reverse osmosis (RO) systems market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global reverse osmosis (RO) systems market?
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