Global Water Desalination Equipment Market Outlook, and Revenue Forecast 2022-2028: Ken Research

Market Overview

Water Desalination is the process of removing minerals such as salt from saline water to make it fit to use. The three main sources of saline water are seawater, brackish water, and river water. Water desalination equipment manufacturers develop different types of technologies for desalination purposes such as Reverse osmosis (RO), Multi-stage Flash (MSF) Distillation, Multi-effect Distillation (MED), and more that is mainly used in municipal and industrial application all around the globe.

According to Ken Research Analysis, the Global Water Desalination Equipment Market was valued at ~US$ 7 billion in 2017. It is estimated to be ~US$ 10 billion in 2022 and is expected to reach a market size of ~US$ 16 billion by 2028 growing with a CAGR of ~8% during 2022 to 2028.

The global market for water desalination equipment is expanding owing to water scarcity which means the lack of freshwater resources to provide the regular demand for water consumption for public use.

According to United Nations, which is an intergovernmental organization that fosters friendly ties between countries and maintains global peace and security stated that around 700 million people from more than 43 countries all around the globe are affected by water scarcity.
Environmental issues due to Brine Discharge, which is a remnant of a successful desalination process is one of the biggest challenge faced by the global desalination equipment market.
As the installation cost of the brine treatment system is significantly high, thus companies prefer to directly dump the brine back into the sea, which negatively affects the marine flora and fauna.
Due to the suspension of production operations in a number of industrial sectors, including Water Desalination Equipment manufacturing facilities, the COVID-19 pandemic hindered the growth of the Global Water Desalination Equipment Market. As a result, production showed a decline in the Water Desalination Equipment market.

Request For Free Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDU4

Scope of the Report

The Global Water Desalination Equipment Market is segmented by technology, source, and application. In addition, the report also covers market size and forecasts for the four major regions of the Global Water Desalination Equipment Markets. The revenue used to size and forecast the market for each segment is US$ billion.

By Technology
Reverse Osmosis (RO)
Multi-stage Flash (MSF) Distillation
Multi-effect Distillation (MED)
Others

By Source
Seawater
Brackish Water
River Water
Others

By Application
Municipal
Industrial
Others

By Geography
North America
USA
Canada
Mexico
Europe
France
Germany
Spain
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
AustraliaRest of Asia Pacific
LAMEA
Latin America
Middle East
Africa

Key Players
Doosan Corporation
IDE Technologies
Biwater Holdings Limited
SUEZ
Veolia Water Solutions & Technologies
Xylem
ACWA Power
Aquatech International LLC
Abengoa
Acciona

Key Trends by Market Segment

By Technology:  The Reverse Osmosis segment held the largest market share of the Global Water Desalination Equipment Market in 2021.

Reverse Osmosis uses membrane separation equipment for the water desalination process, which is purely physical and less expensive as compared to other technologies.
In reverse osmosis technology, the saline water is passed through a membrane, which filters salt and other minerals producing freshwater for generic use.

By Source: The Seawater segment accounted for the largest market share in the source segment in 2021.

The growth is primarily due to the easy availability of seawater and the rise in the seawater desalination plants for dealing with water scarcity.
In the desalination process the seawater is pumped directly into the desalination plant and several technologies such as reverse osmosis and multi-effect distillation are used to remove several minerals such as sodium, chlorine, magnesium, and more to convert the seawater into freshwater. 

By Application: The Municipal segment held the largest market share in 2021 of the global Water Desalination Equipment Market.

Municipality plays a critical role, owing to the surge in demand for fresh water from the growing population, rapid urbanization, and stringent environmental regulations drive the need for clean and safe water for consumption.
Water desalination is required by municipalities to supplement reserves by recovering wastewater, groundwater, and seawater, which can be supplied for domestic usage and others.

By Geography: LAME Accounted for the largest market share among all regions within the total Global Water Desalination Equipment Market in 2021.

The growth is primarily due to the high industrialization and initiatives taken by countries like Saudi Arabia, Israel, and United Arab Emirates to deal with water scarcity.
Israel currently has the world largest water desalination plant in the world, which has a capacity of 624,000m ³/day and uses technology such as seawater reverse osmosis for desalination purposes.

Competitive Landscape

The Global Water Desalination Equipment Market is highly competitive with ~500 players, which include globally diversified players, regional players as well as a large number of country-niche players each with their niche in Water Desalination Equipment manufacturing. Large global players constitute ~10% of competitors, while country-niche players represent ~60% of competitors. Some of the major players in the market include Doosan Corporation, IDE Technologies, Biwater Holdings Limited, SUEZ, Veolia Water Solutions & Technologies, Xylem, ACWA Power, Aquatech International LLC, Abengoa, Acciona, and among others.

Recent Developments Related to Major Players

In August 2022, Doosan Corporation signed a contract worth US$ 590 Million for the construction of a water desalination plant in Saudi Arabia, the desalination plant uses reverse osmosis technology for desalination processes.
In July 2021, DuPont is selected by IDE technologies to provide Sea Water Reverse Osmosis (SWRO) Filtration membrane for the Sorek water desalination plant in Israel.  The Sorek water Desalination plant currently holds the title of the world's biggest water desalination plant.

Conclusion

The Global Water Desalination Equipment Market is forecasted to continue growing during the forecast period primarily driven by water scarcity. Though the market is highly competitive with ~ 500 participants, few global players control the dominant share and country-niche players hold a significant share. LAMEA is the dominating region, owing to the rapid industrialization in the region.

Request For Free Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDU4

Note:This is an upcoming/planned report, so the figures quoted here for a market size estimate, forecast, growth, segment share, and competitive landscape are based on initial findings and might vary slightly in the actual report. Also, any required customizations can be covered to the best feasible extent for Pre-booking clients, and the report delivered within a maximum of two working weeks.

Key Topics Covered in the Report

Snapshot of the Global Water Desalination Equipment Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Water Desalination Equipment Market
Historic Growth of the Overall Global Water Desalination Equipment Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Water Desalination Equipment Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Water Desalination Equipment Market
Future Market Forecast and Growth Rates of the Total Global Water Desalination Equipment Market and by Segments
Market Size of Application/End-user Segments with Historical CAGR and Future Forecasts
Analysis of the Global Water Desalination Equipment Market
Major Production/Supply and Consumption/Demand Hubs within Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Region 

Key Companies Covered in the Report

Doosan Corporation
IDE Technologies
Biwater Holdings Limited
SUEZ
Veolia Water Solutions & Technologies
Xylem
ACWA Power
Aquatech International LLC
Abengoa
Acciona 

Notable Emerging Companies Mentioned in the Report

Salinnova
Useful Wastes
Desolenator
Anfiro
High Voltage Water

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Water Desalination Equipment Raw Material Suppliers
Water Desalination Equipment Products Manufacturers
Government Ministries and Departments for Drinking Water and Sanitation
Water Desalination Equipment Industry Association
Water Desalination Equipment Companies
Venture Capitalists Targeting Water Desalination Equipment Industry
Investment Banks Targeting Water Desalination Equipment Industry
Environmental Regulatory Authorities

Time Period Captured in the Report

Historical Period: 2017-202
Forecast Period: 2022E-2028F

For More Information on the Research Report, refer to below links: -

https://www.kenresearch.com/business-research/global-water-desalination-equipment-market-outlook-2028/

Follow Us

https://www.linkedin.com/company/2775089/admin/

https://www.instagram.com/kenresearch/

https://www.facebook.com/kenresearch

https://twitter.com/KenResearch

https://www.youtube.com/c/KenResearchKen

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.