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Renewable Energy Powered Water Desalination Systems Market Size, Share, Insights, Industry, and Outlook 2023-2030.
Renewable Energy Powered Water Desalination Systems Market-DataM Intelligence 4Market Research
Global water shortages and rising freshwater consumption are issues. Renewable energy-powered desalination systems satisfy water needs in water-scarce areas, remote areas, and off-grid populations. The worldwide water crisis affects two-thirds of mankind.
Many poor countries lack dependable energy and water. Renewable energy-based water desalination systems are gaining popularity as a solution to these issues.
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Market Drivers: Adoption of Solar-Powered Desalination Systems is Increasing, Driving Global Growth
The cost of solar-powered desalination systems has significantly decreased in recent years due to advancements in solar technology, higher system efficiency, and economies of scale. Solar-powered desalination is becoming increasingly attractive and financially viable for both local and large-scale applications as a result of the cost decrease. This has led to an increase in projects and funding for solar-powered desalination, which is promoting the growth of the sector.
For example, the Noor Power Plant in Morocco employs a concentrated solar power (CSP) technology to operate a desalination plant and generate electricity. The initiative lessens reliance on traditional energy sources by providing neighboring residents with inexpensive drinking water via the use of solar energy and desalination.
Market Segmentation: High Desalination Efficiency Drives Global Market Growth
RO systems efficiently desalinate seawater and brackish water. Its efficiency guarantees a bigger supply of fresh water than conventional desalination methods, making it a good choice for renewable energy-powered systems. Thus, reverse osmosis (ro) systems dominate the worldwide sector.
MarketMajor Key Players:
The major global players include Abengoa Water, Acciona S.A., Doosan Heavy Industries & Construction Co., Ltd., Suez Water Technologies & Solutions, Aquatech International LLC, Hyflux Ltd., Veolia Water Technologies, General Electric Company, Fisia Italimpianti S.p.A. and Xylem Inc.
By Technology Type
• Reverse Osmosis (RO) Systems
• Industrial Water Desalination
• Multi-Effect Distillation (MED) Systems
• Remote/Off-grid Communities
• Others
By Application
• Municipal Water Desalination
• Industrial Sector (Oil and Gas, Power Generation, Manufacturing, etc.)
• Agriculture/Farming
• Residential Sector
• Disaster Relief
• Others
By End-User
• Government and Municipalities
• Industrial Sector (Oil and Gas, Power Generation, Manufacturing, etc.)
• Agriculture and Farming Sector
• Residential Sector
• Military and Defense
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Geographical Share: Existing Industry Drives North American Renewable Energy-Powered Water Desalination Systems Market
North American oil and gas companies have acknowledged solar-powered desalination systems' wastewater solutions. In recent years, these systems have become a popular and cost-effective way to filter high-salt water.
Industry Developments:
In June 2023, the First Integrated Water Desalination - Solar PV Project in Saudi Arabia is launched by ACWA Power Jazlah. It includes a 45.5 MW solar PV power generation facility that will supply clean water to over three million people at a cost of 0.41 USD/m3 and account for 20% of the plant's energy consumption.
Related Reports:
Water Clarifiers Market- https://www.datamintelligence.com/research-report/water-clarifiers-market
Desalination Market- https://www.datamintelligence.com/research-report/desalination-market
Reverse Osmosis Membrane Market- https://www.datamintelligence.com/research-report/reverse-osmosis-membrane-market
Industrial Water Treatment Market- https://www.datamintelligence.com/research-report/industrial-water-treatment-market
Industrial Wastewater Treatment Chemical Market- https://www.datamintelligence.com/research-report/industrial-wastewater-treatment-chemical-market
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Email: info@datamintelligence.com
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Website: https://www.datamintelligence.com
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DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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