The Water Desalination Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Water Desalination Equipment Global Market Report 2024, The water desalination equipment market size has grown rapidly in recent years. It will grow from $15.65 billion in 2023 to $17.57 billion in 2024 at a compound annual growth rate (CAGR) of 12.2%. The growth in the historic period can be attributed to rise in water scarcity, population growth, government initiatives, rise in industrial demand, rise in urbanization.
The water desalination equipment market size is expected to see rapid growth in the next few years. It will grow to $27.48 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to investments in infrastructure, aging water infrastructure, rising tourism and recreation, rising public health concerns. Major trends in the forecast period include forward osmosis technology, decentralized desalination, hybrid desalination systems, zero liquid discharge (zld), smart desalination plants.
The rising urbanisation and industrialisation are expected to drive the growth of the water desalination equipment market going forward. Urbanisation refers to the population movement from rural to an urban setting and increasing human population densities in urban areas. Growth in urbanisation and industrialisation is creating water shortage, and the depletion of freshwater resources is driving an increase in demand for water desalination technology to separate salt from the water and eliminate salinity. For instance, according to the United Nations Department of Economic and Social Affairs, 68% of the world’s population, that is, 2.5 billion people, are projected to live in urban areas by 2050. Therefore, the rising urbanization and industrialization all over the globe will propel the water desalination equipment market.
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The water desalination equipment market covered in this report is segmented –
1) By Product: Membranes, Pumps, Evaporators
2) By Technology: Reverse Osmosis, Multi-Stage Flash Distillation, Multiple-Effect Distillation, Other Technologies
3) By Application: Municipal, Industrial, Other Applications
Technological advancements have emerged as a key trend gaining popularity in the water desalination equipment market. Major companies operating in water desalination equipment are focused on developing advanced solutions to strengthen their position in the market. For instance, in April 2022, Veolia Water Technologies, a France-based water treatment company launched Barrel, a plug-and-play reverse osmosis (RO) technology designed for the Asia Pacific region. This system addresses the increasing demand for freshwater, tackling concerns of water scarcity. The Barrel efficiently produces fresh water that complies with stringent quality standards, making it suitable for desalination, wastewater reuse, and low-pressure RO applications. This technology provides an economically viable and sustainable source of fresh water, offering a robust solution to water challenges. Its modular and scalable design, reduced footprint, minimal piping connections, and integrated digitalization system make it an advanced and eco-friendly choice for water treatment.
The water desalination equipment market report table of contents includes:
1. Executive Summary
2. Water Desalination Equipment Market Characteristics
3. Water Desalination Equipment Market Trends And Strategies
4. Water Desalination Equipment Market – Macro Economic Scenario
5. Global Water Desalination Equipment Market Size and Growth
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26. South America Water Desalination Equipment Market
27. Brazil Water Desalination Equipment Market
28. Middle East Water Desalination Equipment Market
29. Africa Water Desalination Equipment Market
30. Water Desalination Equipment Market Competitive Landscape And Company Profiles
Top Major Players:
- Acciona S.A
- Aquatech International LLC
- Biwater Holdings Limited
- Doosan Heavy Industries & Construction Co. Ltd
- Genesis Water Technologies Inc
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