The major driving factors for the growth of the market are increasing need for better lifestyle, rise in construction of infrastructure and increasing inclination of consumers towards attractive amenities within their society. Moreover, presence of various market players and innovation of new product has led to increase the availability of pool equipment in different quality, size and utility. Thus, this is projected to provide growth opportunity for the lucrative growth of the global pool equipment market.

Key questions answered in the study:
1. What are the current and future trends of the Pool Equipment industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Pool Equipment industry?
5. What is the customer orientation, purchase behavior, and expectations from the Pool Equipment firms across various regions?

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According to MarkNtel Advisors’ research report “Global Pool Equipment Market Analysis, 2021”, the Global Pool Equipment market is anticipated to grow at a CAGR of 11% during 2021-26. The COVID-19 outbreak has negative influence on the pool equipment market due to lockdown imposition and restriction on social gatherings. The demand for pool equipment witnessed a significant fall during the peak season i.e., April to June. The shutdown of public places and increasing fear among consumer about COVID-19 has decreased the growth of the market. However, the market is started to gain pace and the demand for pool equipment is anticipated to propel in the forthcoming timeline.

“Global Pool Equipment Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Pool Equipment providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

North America Region Acquired Significant Market Share

Based on region, North America acquires the highest market share in the global pool equipment market. The growth of North America region is attributed to rise in residential and commercial construction activities. Further, increase in development of luxurious residential construction contributes to the lucrative growth of the market. Moreover, increasing production level of eco-friendly and high efficient component propels the market growth as stated in MarkNtel Advisors’ research report “Global Pool Equipment Market Analysis, 2021”.

According to MarkNtel Advisors’, the key players with a considerable market share in the Global Pool Equipment market are Fluidra SA, Pentair PLC, Pool Corporation, WaterCo., Maytronics Ltd, Emaux Water Product Type, Adolph Kiefer & Associates, LL, Desjoyaux, Hayward Industries, Inc., Waterco, Laswim Pool and SPA equipment Co. Ltd.

Market Segmentation:
1. By Product Type (General Swimming Pool, Warm Water Swimming Pool)
2. By Pool Classification (Indoor, Outdoor)
3. By End-Users (Residential, Commercial, others)
4. By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific)
5. By Company (Fluidra SA, Pentair PLC, Pool Corporation, WaterCo., Maytronics Ltd, Emaux Water Product Type, Adolph Kiefer & Associates, LL, Desjoyaux, Hayward Industries, Inc., Waterco, Laswim Pool and SPA equipment Co. Ltd.)