Drinking Fountains (Water Dispensers) for Residential Industry is Bound to Towards the Direction of Intelligence and with Water Purification Function

A water dispenser, known as water cooler (if used for cooling only), is a machine that cools or heats up and dispenses water with a refrigeration unit. The water tank provides room temperature water, and the water enters in two ways: one enters the cold tank container, and the cold water is cooled out; the other enters the hot tank, and the hot water is heated out. After pressing the refrigeration switch, the AC voltage is stepped down by the power transformer, the rectifier diode is used for full-wave rectification and capacitor filtering, and the DC voltage is output for cooling by semiconductor refrigeration components and fan exhaust. At the same time, the refrigeration indicator lights up. Pressing the heating switch, the heating indicator light is on, the electric heating tube heats up, and the water in the heating tank heats up. When the water temperature rises to the specified temperature, the thermostat contact is disconnected, the heating power is automatically cut off, the heating indicator light goes out, and the electric heating tube stops heating. When the water temperature drops to the required temperature, the thermostat contacts are closed, the heating power is automatically turned on, the heating indicator light is on, and the electric heating tube heats up. Then repeat the above process to keep the water temperature at a constant temperature between 85-95°C.

They are generally broken up into two categories: point-of-use (POU) water dispensers and bottled water dispensers. Bottled water dispensers are commonly referred to as a water dispenser or a water cooler. Most water dispenser work by having water bottle upside down on the top of the machine. This allows gravity and vacuum pressure to do the job of filling a glass when someone presses water spigot. When this happens, air is allowed into the bottle so water can escape into your glass or bottle.  Point of use water dispensers are bottleless, connected to a water supply and can have advanced filtration and sanitization technologies that remove sediment, reduce chemical contaminants, and get rid of off-tastes and odors as well as keep the outside (user interface) of the machine free of germs. In this report, the application area is limited to residential.

The Current Situation of Drinking Fountains (Water Dispensers) for Residential Industry Market

United States was the largest revenue market with a market share of 64.97% in 2015 and 64.58% in 2020 with a decrease of 0.39%. Germany ranked the second market with the market share of 16.66% in 2019. Drinking fountains (water dispensers) for residential companies are mainly from North America; the industry concentrate rate is not high. The top three companies are Culligan, Primo Water and Pentair with the revenue market share of 13.96%, 10.73% and 7.39% in 2019.

Since the outbreak of the COVID-19 virus in December 2019, the World Health Organization has declared it an emergency public health event. Different industries are affected differently by the epidemic situation. The impact on drinking fountains is mainly reflected in the supply of material and operation of the market. Affected by the epidemic, logistics was suspended, the supply of raw materials for drinking fountains was tight, and the resumption of work was blocked, which directly affected the production plan. It has awakened health awareness and raised expectations and pursuit of a healthy life. Domestic water quality is now a very hot topic; water is the basic element of human survival. The health of water quality has been paid more and more attention by people under the circumstance of industrialization, modernization and increasingly serious environmental pollution. More and more people begin to pay close attention to the daily drinking water health, also to the requirement of water dispenser, including: in addition to being able to filter the harmful material such as chemicals, heavy metals in the water, water dispenser filter belt in bacteria and viruses can also intercept filter the water, can also have the effect of antibacterial, sterilization, further to ensure the safety of water quality. Therefore, in the future, enterprises should also make corresponding adjustments in product design and development strategy.

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The Forecast of Drinking Fountains (Water Dispensers) for Residential Industry Market

With the improvement of safety awareness of water purification, drinking water equipment with water purification function will become more popular and become the first choice of drinking water equipment, while equipment without filtration function will be gradually replaced. This will also promote the development of relevant products in the drinking water dispensers market. With the development and popularization of Internet and electronic products, intelligentization has come into life. The future trend of public drinking water equipment industry is also bound to advance towards the direction of intelligence. First of all, in terms of energy saving, traditional water dispensers boil water repeatedly until it is cooled after boiling, so that repeated use will consume a lot of power. The intelligent water fountain has the function of heat preservation, heating and drinking at any time, which can save a lot of power. What is more, Safety is always a serious problem, especially for children at home. This water heater is equipped with a child lock, which can effectively avoid the risk of scalding due to improper operation. Technological innovation is an important means for the company to maintain the bargaining advantage and resist the competition in the same industry. The new product design and development capabilities cannot meet the needs of customers, will not be able to continue to gain competitive advantage in the industry, resulting in business loss or customer loss. The development and introduction of technology and the release of new products are important driving forces for the industry to move forward.

A brand is an identification mark that carries a unique corporate culture and unreproducible product attributes. It is an important manifestation of the core competitiveness, and its difference and reputation are important references for users to make purchase decisions. However, the establishment of brand competitiveness is a long-term and complicated huge project. Often, only enterprises have invested a lot in various links Only after the strength of all aspects of operation and management can the uniqueness and connotation of the brand be permanently branded in the minds of users, so as to achieve added value and guide demand. In order to avoid homogeneous competition in the market, manufacturers should actively innovate, produce high quality products to improve market competitiveness, and form their own brands. Brand building and technological innovation are also important factors for the long-term stable development of the drinking water dispensers enterprise, which is also one of the future drinking fountain trends.

The basic management of drinking fountains manufacturing enterprises covers a wide range of aspects and is relatively complex. Standardized internal management helps companies improve operational efficiency and enhance market competitiveness, which is crucial to the survival and development of companies. However, for new entrants in the industry, it often takes a long time to develop their management capabilities, so management capabilities are an important obstacle to entering the industry.

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