The absorption of microscopic organisms—such as bacteria and viruses—in water bodies and contact with excretion result in water contamination, leading to the spread of waterborne diseases. Thousands of people die each year due to waterborne illnesses, such as cholera, typhoid, and diarrhea, especially in emerging countries where safe and clean water is scarce. The lack of cleanliness is another leading cause of severe infections. Drinking clean and pure water from water purifiers is the best way to avoid contracting waterborne infections. The rising awareness regarding waterborne disease is promoting the adoption of smart water purifiers, thereby driving the smart water purifier market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the weather monitoring system market. The SAM smart water purifier market is expected to grow at a good CAGR during the forecast period.
SAM Smart Water Purifier Market Segmentation
The SAM smart water purifier market is analyzed on the basis of connectivity, technology, end user, sales channel, and country. Based on connectivity, the market is segmented into Wi-Fi, Bluetooth, and smart app. The Wi-Fi segment dominated the market in 2020, and the smart app segment is expected to report the fastest growth during the forecast period.
Based on technology, the market is segmented into ultra-filtration (UF), ultraviolet (UV), reverse osmosis, multi-stage purifiers, and others. The reverse osmosis segment dominated the market in 2020, and the multi-stage purifiers segment is expected to be the fastest growing one during the forecast period.
Based on end user, the market is segmented into residential, commercial, and industrial. The residential segment dominated the market in 2020, and the commercial segment is expected to register the fastest growth during the forecast period.
Based on sales channel, the market is segmented into retail stores, direct sales, and online stores. The retail store segment dominated the market in 2020. The online segment is expected to be the fastest growing one during the forecast period.
Based on country, the SAM smart water purifier market is classified into Brazil, Argentina, and the Rest of MEA.
3M; A.O. Smith Water Technologies; Coway USA, Inc; LG Electronics; Membrane Solutions, LLC; and Xiaomi Corporation are the leading companies in the SAM smart water purifier market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 73.79 Million |
| Market Size by 2028 | US$ 92.04 Million |
| CAGR (2021 - 2028) | 3.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Connectivity
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America Smart Water Purifier Market is valued at US$ 73.79 Million in 2021, it is projected to reach US$ 92.04 Million by 2028.
As per our report South America Smart Water Purifier Market, the market size is valued at US$ 73.79 Million in 2021, projecting it to reach US$ 92.04 Million by 2028. This translates to a CAGR of approximately 3.2% during the forecast period.
The South America Smart Water Purifier Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Smart Water Purifier Market report:
The South America Smart Water Purifier Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Smart Water Purifier Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Smart Water Purifier Market value chain can benefit from the information contained in a comprehensive market report.
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