Press release
Renewable Energy Powered Water Desalination Systems Market Gains Momentum Amid Global Water Crisis | Abengoa Water, Acciona S.A.,Hyflux Ltd., Veolia Water Technologies
Renewable Energy Powered Water Desalination Systems Market
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 2031, growing with a CAGR of 9.9% during the forecast period 2024-2031. Global water shortage is a problem and freshwater use is on the rise.
Renewable Energy Powered Water Desalination Systems Market is witnessing robust growth due to rising global water scarcity and the push for sustainable technologies. Between 2025 and 2031, demand is expected to surge as governments and industries invest in eco-friendly desalination solutions. Solar, wind, and hybrid energy systems are increasingly being adopted to reduce carbon footprints and operational costs. Technological advancements are making these systems more efficient and economically viable. Growth is particularly strong in arid regions and coastal nations with limited freshwater resources. Supportive policies and green energy initiatives further enhance market opportunities.
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Key Developments
✔️ In June 2023, First Integrated Water Desalination - Solar PV Project in Saudi Arabia is launched by ACWA Power Jazlah 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.
✔️ In September 2020, With assistance from the Dubai Future Accelerators programme, Dutch entrepreneur Desolenator will build a solar-powered, carbon-neutral water purifying and desalination system. The Dubai Electricity and Water Authority (Dewa) declared that it has entered into a collaboration arrangement with the Dutch start-up water purification company Desolenator BV.
✔️ On July 27, 2022, The largest solar photovoltaic (PV) system in Oman will be built by Total Energies and Veolia in the city of Sur and it will provide energy for a desalination plant. The Sharqiyah Desalination Plant, a well-known facility in Oman and the Gulf area that provides drinking water to more than 600,000 Sharqiyah residents, will be the site of the new power plant.
Key Players
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.
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Research Methodology
The global Renewable Energy Powered Water Desalination Systems Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.
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Market segmentation
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.
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