The U.S. water treatment as a service market size was exhibited at USD 68.95 million in 2023 and is projected to hit around USD 276.53 million by 2033, growing at a CAGR of 14.9% during the forecast period 2024 to 2033.
Report Coverage | Details |
Market Size in 2024 | USD 79.22 Million |
Market Size by 2033 | USD 276.53 Million |
Growth Rate From 2024 to 2033 | CAGR of 14.9% |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Segments Covered | End-use, Technology, Model, Region |
Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
Country scope | Florida; Georgia; South Carolina; North Carolina |
Key Companies Profiled | Seven Seas Water Group; Waterleau; Oneka Technologies; Clearford Water Systems; Quench USA, Inc.; Chart Industries; OriginClear; Aquatech International LLC.; Bawat Water Technologies AB |
The growing demand for clean water, coupled with the rising health awareness among the population, is expected to drive market growth. In addition, the surging water pollution is expected to increase the demand for water treatment as a service, as consumers seek advanced solutions to ensure the safety and quality of their water supply. This trend is driving the growth of the water treatment as a service market in the U.S.
The U.S. population has been growing at an exponential rate, putting tremendous pressure on natural resources, particularly air and water. Population growth, ongoing industrialization, and increased agricultural operations are predicted to increase the demand for water treatment systems, thereby driving the demand for water treatment as a service.
Moreover, the faulty water distribution networks are anticipated to lead to water supply contamination by the release of stormwater and untreated wastewater to consumers through the main water supply line. This is likely to contribute to the spread of various waterborne diseases and pose health risks across cities. The frequent incidence of floods in the U.S. is expected to expedite the transmission of waterborne diseases such as Rift Valley fever, leptospirosis, and malaria. These factors are projected to fuel the demand for water treatment services in the coming years.
For instance, every year, waterborne pathogens are responsible for 7,000 fatalities, 120,000 hospitalizations, 7 million illnesses, and incurred healthcare expenses amounting to USD 3 billion in the U.S., according to the Centers for Disease Control and Prevention 2022 Report. CDC has also calculated the costs that waterborne diseases have incurred for the American healthcare system, and they total approximately USD 3.33 billion and up to USD 8.77 billion as of 2023. Such a high figure highlights the increasing necessity for water treatment systems to be installed in commercial and residential sectors, driving the demand for water treatment as a service market.
The commercial segment is expected to dominate the market by holding a 67.0% market share in 2023. The water treatment requirements of malls, offices, commercial spaces, restaurants, hotels, manufacturing plants, schools, laboratories, and other organizations with high-volume consumption of high-quality water are largely met by commercial water treatment systems. Large volumes of water are treated using commercial water treatment systems at high flow rates. Water as a service allows commercial establishments to access advanced water treatment systems without the requirement for substantial initial capital investments.
The residential segment is anticipated to witness the highest growth over the forecast period, owing to surging awareness among the masses about new contaminants and the rising demand for high-quality drinking water in the country. Consumers are not only becoming highly aware of contaminants such as poly-fluoroalkyl substances (PFAS) but are also conscious about water quality, as well as waterborne diseases, such as cholera, typhoid, acute diarrhea, and viral hepatitis caused by low-quality water.
The pay-as-you-go model dominated the market in 2023 and is anticipated to witness the highest CAGR over the forecast period, as it democratizes access to high-quality water treatment solutions cost-effectively. Under this model, customers are billed according to the quantity of permeated or treated water generated, with the water treatment companies assuming the responsibilities of installation and maintenance. This pioneering approach offers a range of advantages, fostering a streamlined, accessible, and economical future for water treatment.
The subscription model is anticipated to witness the second-highest CAGR over the forecast period. A subscription model for water treatment as a service involves customers paying a regular fee to access and benefit from water treatment services provided by a third-party service provider. Customers benefit from a predictable and consistent cost structure, as they pay a fixed subscription fee. This allows for budgeting and financial planning, eliminating the uncertainty associated with variable costs.
The filtration system segment dominated the market in 2023 and is anticipated to witness the highest CAGR over the forecast period, owing to its capability to remove contaminants, sediments, and impurities from water sources. These systems enhance water quality and make it suitable for various applications. Regular maintenance and replacement of filtration components create a continuous need for professional services. Furthermore, filtration systems with remote monitoring capabilities offer significant benefits by enabling real-time supervision and control of water treatment processes.
The RO system segment is anticipated to witness the second-highest CAGR over the forecast period. The RO system is a highly effective method of purifying water. It removes contaminants, ions, and particles through a semi-permeable membrane, ensuring high-quality water output. The complexity of RO systems and the need for precise maintenance create a market for water treatment services.
In the U.S., Florida is likely to dominate the market in 2023 due to the prevalence of water shortage in the state and growing water demand. In November 2023, the South Florida Water Management District (SFWMD) proclaimed a water shortage condition and issued temporary guidelines to protect the groundwater in Lee County, Florida. This water shortage condition is continuing amid dry conditions on the Southwest Coast. Hence, to cater to this rising demand for adequate water supply, the water treatment as a service market is expected to grow in Florida over the forecast period.
South Carolina is expected to witness the highest CAGR over the forecast period. In South Carolina, rainfall has reduced significantly below the normal levels. According to an article by the National Weather Service (NWS) in November 2023, 48 percent of South Carolina experienced moderate or worse drought conditions until mid-November. This reduction in rainfall contributed to the adoption of water recycling and water reuse measures in the residential and commercial sectors. Hence, to outsource the potable water needs, commercial facilities, and educational institutes are adopting water treatment as a service to maintain their operational efficiency.
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Nova one advisor, Inc. has segmented the U.S. water treatment as a service market
End-Use
Technology
Model
Regional
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. U.S. Water Treatment As A Service Market Variables, Trends, & Scope
3.1. Concentration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Drivers Analysis
3.5.2. Market Restraints Analysis
3.5.3. Market Opportunity Analysis
3.5.4. Market Challenge Analysis
3.6. U.S. Water Treatment As A Service Market Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.1.1. Bargaining Power of The Suppliers
3.6.1.2. Bargaining Power of The Buyers
3.6.1.3. Threats Of Substitution
3.6.1.4. Threats From New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTEL Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic And Social Landscape
3.6.2.3. Technological Landscape
3.6.2.4. Environmental Landscape
3.6.2.5. Legal Landscape
3.7. Economic Mega Trend Analysis
Chapter 4. U.S. Water Treatment As A Service Market: End Use Estimates & Trend Analysis
4.1. End Use Movement Analysis & Market Share, 2024 & 2033
4.2. U.S. Water Treatment As A Service Market: End Use Movement Analysis, 2024 & 2033
4.3. Residential
4.3.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4. Commercial
4.4.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1. Market Estimates And Forecasts, By End Use 2021 - 2033 (USD Million)
4.4.1.1.1. Cruise Ships
4.4.1.1.1.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1.2. Retail Shops
4.4.1.1.2.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1.3. Hospitality
4.4.1.1.3.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1.4. Office Buildings
4.4.1.1.4.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1.5. Educational Institute
4.4.1.1.5.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.4.1.1.6. Others
4.4.1.1.6.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
Chapter 5. U.S. Water Treatment As A Service Market: Technology Estimates & Trend Analysis
5.1. Technology Movement Analysis & Market Share, 2024 & 2033
5.2. U.S. Water Treatment As A Service Market: Technology Movement Analysis, 2024 & 2033
5.3. Water Softeners
5.3.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
5.4. Filtration Systems
5.4.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
5.5. RO Systems
5.5.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
5.6. Disinfection Systems
5.6.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
5.7. Others
5.7.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
Chapter 6. U.S. Water Treatment As A Service Market: Model Estimates & Trend Analysis
6.1. Model Movement Analysis & Market Share, 2024 & 2033
6.2. U.S. Water Treatment As A Service Market: Model Movement Analysis, 2024 & 2033
6.3. Pay-as-you-go Model
6.3.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4. Subscription Model
6.4.1. Market Estimates And Forecasts, 2021 - 2033 (USD Million)
Chapter 7. U.S. Water Treatment As A Service Market: Region Estimates & Trend Analysis
7.1. U.S. Water Treatment As A Service Market Share, By Region, 2024 & 2033, USD Million
7.2. Florida
7.2.1. Florida Water Treatment As A Service Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.2.2. Florida Water Treatment As A Service Market Estimates and Forecasts By End Use, 2021 - 2033 (USD Million)
7.2.2.1. Florida Commercial Market Estimates and Forecasts By Type, 2021 - 2033 (USD Million)
7.2.3. Florida Water Treatment As A Service Market Estimates and Forecasts By Technology, 2021 - 2033 (USD Million)
7.2.4. Florida Water Treatment As A Service Market Estimates and Forecasts By Model, 2021 - 2033 (USD Million)
7.3. Georgia
7.3.1. Georgia Water Treatment As A Service Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.3.2. Georgia Water Treatment As A Service Market Estimates and Forecasts By End Use, 2021 - 2033 (USD Million)
7.3.2.1. Georgia Commercial Market Estimates and Forecasts By Type, 2021 - 2033 (USD Million)
7.3.3. Georgia Water Treatment As A Service Market Estimates and Forecasts By Technology, 2021 - 2033 (USD Million)
7.3.4. Georgia Water Treatment As A Service Market Estimates and Forecasts By Model, 2021 - 2033 (USD Million)
7.4. South Carolina
7.4.1. South Carolina Water Treatment As A Service Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.4.2. South Carolina Water Treatment As A Service Market Estimates and Forecasts By End Use, 2021 - 2033 (USD Million)
7.4.2.1. South Carolina Commercial Market Estimates and Forecasts By Type, 2021 - 2033 (USD Million)
7.4.3. South Carolina Water Treatment As A Service Market Estimates and Forecasts By Technology, 2021 - 2033 (USD Million)
7.4.4. South Carolina Water Treatment As A Service Market Estimates and Forecasts By Model, 2021 - 2033 (USD Million)
7.5. North Carolina
7.5.1. North Carolina Water Treatment As A Service Market Estimates and Forecasts, 2021 - 2033 (USD Million)
7.5.2. North Carolina Water Treatment As A Service Market Estimates and Forecasts By End Use, 2021 - 2033 (USD Million)
7.5.2.1. North Carolina Commercial Market Estimates and Forecasts By Type, 2021 - 2033 (USD Million)
7.5.3. North Carolina Water Treatment As A Service Market Estimates and Forecasts By Technology, 2021 - 2033 (USD Million)
7.5.4. North Carolina Water Treatment As A Service Market Estimates and Forecasts By Model, 2021 - 2033 (USD Million)
Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis By Key Market Participants
8.2. Company Categorization
8.3. Company Market Positioning
8.4. Company Market Share Analysis, 2024
8.5. Company Heat Map Analysis
8.6. Strategy Mapping
8.7. Company Profiles
8.7.1. Seven Seas Water Group
8.7.1.1. Participant’s Overview
8.7.1.2. Financial Performance
8.7.1.3. Technique Benchmarking
8.7.1.4. Recent Developments
8.7.2. Waterleau
8.7.2.1. Participant’s Overview
8.7.2.2. Financial Performance
8.7.2.3. Technique Benchmarking
8.7.2.4. Recent Developments
8.7.3. Oneka Technologies
8.7.3.1. Participant’s Overview
8.7.3.2. Financial Performance
8.7.3.3. Technique Benchmarking
8.7.3.4. Recent Developments
8.7.4. Clearford Water Systems
8.7.4.1. Participant’s Overview
8.7.4.2. Financial Performance
8.7.4.3. Technique Benchmarking
8.7.4.4. Recent Developments
8.7.5. Quench USA, Inc.
8.7.5.1. Participant’s Overview
8.7.5.2. Financial Performance
8.7.5.3. Technique Benchmarking
8.7.5.4. Recent Developments
8.7.6. Chart Industries
8.7.6.1. Participant’s Overview
8.7.6.2. Financial Performance
8.7.6.3. Technique Benchmarking
8.7.6.4. Recent Developments
8.7.7. OriginClear
8.7.7.1. Participant’s Overview
8.7.7.2. Financial Performance
8.7.7.3. Technique Benchmarking
8.7.7.4. Recent Developments
8.7.8. Aquatech International LLC.
8.7.8.1. Participant’s Overview
8.7.8.2. Financial Performance
8.7.8.3. Technique Benchmarking
8.7.8.4. Recent Developments
8.7.9. Bawat Water Technologies AB
8.7.9.1. Participant’s Overview
8.7.9.2. Financial Performance
8.7.9.3. Technique Benchmarking
8.7.9.4. Recent Developments