Press release
Water Desalination Equipment Market Set to Hit US$ 15.69 Billion by 2030, Expanding at a 9.00% CAGR
Water Desalination Equipment Market
There are two prominent categories of desalination technologies. One is membrane-dependent (RO), and the other is thermal (MED, MCV). Reverse osmosis desalination utilizes the concept of osmosis to extract salt and other debasement by moving water through a sequence of semi-permeable membranes. Thermal desalination utilizes heat from power plants or refineries to vaporize and condense water to cleanse it.
Water Desalination Equipment Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global water desalination equipment market was estimated to be worth USD 7.22 billion in 2021 and is predicted to expand to USD 15.69 billion by 2030, with a CAGR of 9.0% from 2022 to 2030.
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Drivers and Trends:
• The growing population, the inadequacy of fresh aqua assets, the profuse obtainability of sea aqua, and speedy industrialization, together with growing funding by governments to structure mega desalination plants, push the progression of the market.
• The initiation of inventive technologies in H2O sterilizing in the global instruments market future. Firms are advancing desalination plants pushed by solar and wind energy. For instance, in 2020, GivePower will structure packed, solar fuelled aqua desalination and decontaminating plants in Kenya and Haiti.
Top Companies:
Prominent market contenders are funding massively in R&D to advance productive desalination solutions. Here are the top companies in the water desalination equipment market:
• Acciona
• Aquatech International LLC
• Biwater Holdings Limited.
• Cadagua
• Degrémont
• Doosan Heavy Industries & Construction Co.Ltd.
• General Electric Company
• Genesis Water Technologies
• Guangzhou KangYang Seawater Desalination Equipment Co.Ltd(KYSEARO)
• IDE Technologies
• Koch Separation Solutions (KSS)
• SUEZ
• Veolia
• Xylem
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Globally, a severe aqua scarcity is affecting an estimated 1 billion people. Rapid industrialization is also worsening the condition, with 19% of total H2O withdrawals globally being used for industrial purposes. All these factors will increase the demand for fresh H2O, which will augment the market's growth.
Segmental Outlook:
Water Desalination Equipment, Technology Outlook (Revenue - USD Billion, 2018 - 2030)
• Reverse Osmosis
• Multi-Effect Distillation (MED)
• Multi-Stage Flash (MSF) Distillation
• Others
Water Desalination Equipment, Source Outlook (Revenue - USD Billion, 2018 - 2030)
• Brackish
• Sea
• River
• Others
Water Desalination Equipment, Application Outlook (Revenue - USD Billion, 2018 - 2030)
• Industrial
• Municipal
• Others
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Country-Wise Insights:
According to regional research, the Middle East & Africa dominated the market. The region's growth is aided by the grave dearth of fresh H2O and rainfall in the region is expected to generate a requirement for the market. Also, Asia Pacific is anticipated to emerge as the fastest-growing region in the water desalination equipment market.
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Report Scope:
This comprehensive study provides an accurate overview of the worldwide water desalination equipment industry. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by technology, source, application, and region in the study, which offers a comprehensive picture of the state of the market.
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