Press release
Renewable-Powered Desalination Market to Hit $ 4.9 Bn by 2031 - Key Trends & Insights | Abengoa Water, Acciona S.A., Doosan Heavy Industries & Construction Co., Ltd.
Global renewable energy powered water desalination systems market reached USD 2.3 billion in 2022 and is expected to reach USD 4.9 bllion by 2030, growing with a CAGR of 9.9% during the forecast period 2023-2030Renewable Energy Powered Water Desalination Systems Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Renewable energy-powered water desalination systems use solar, wind, or geothermal energy to remove salt and impurities from seawater or brackish water. They provide a sustainable, cost-effective solution for freshwater production, reducing carbon emissions and enhancing water security in arid regions.
List of the Key Players in the Renewable Energy Powered Water Desalination Systems Market:
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.
Industry Development:
In June 2023, ACWA Power Jazlah launched Saudi Arabia's first integrated water desalination and solar PV project, featuring a 45.5 MW solar plant supplying clean water to over three million people at $0.41/m3, covering 20% of the plant's energy needs.
On July 27, 2022, Total Energies and Veolia announced the construction of Oman's largest solar PV system in Sur to power the Sharqiyah Desalination Plant, which supplies drinking water to over 600,000 residents.
Growth Forecast Projected:
The Global Renewable Energy Powered Water Desalination Systems Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Renewable Energy Powered Water Desalination Systems Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Renewable Energy Powered Water Desalination Systems Market:
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
Regional Analysis for Renewable Energy Powered Water Desalination Systems Market:
The regional analysis of the Renewable Energy Powered Water Desalination Systems Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/renewable-energy-powered-water-desalination-systems-market
People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Renewable Energy Powered Water Desalination Systems market?
➠ Who are the leading manufacturers in the global Renewable Energy Powered Water Desalination Systems industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Renewable Energy Powered Water Desalination Systems industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Renewable Energy Powered Water Desalination Systems market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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