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Water Desalination Equipment Market Sales and Revenue Report 2024-2031
Posted: Mar 25, 2024
The water desalination equipment market was valued at US$ 7.5 billion in 2022. It is estimated that the market will reach US$ 16.3 billion by 2031, growing at a CAGR of 8.9%.
The use of photovoltaic solar energy as a primary energy source for Seawater Reverse Osmosis (SRWO) desalination projects is on the rise or has already been implemented. For instance, Yanbu-4 will use photovoltaic solar to power its SWRO plant, which will be operational in 2023, in Saudi Arabia with a capacity of 450,000 m3 daily.
These insights are based on a report on Water Desalination Equipment Market by Transparency Market Research.
Market Segmentation
- Source
- Sea Water
- Brackish Water
- River Water
- Others
- Technology
- Reverse Osmosis
- MSF (Multi Stage Flash)
- MED (Multi Effect Distillation)
- Mechanical Vapor Compression (MVC)
- Electrodialysis
- Nanofiltration
- Others
- Application
- Municipal
- Industrial
- Others
The prominent players are - Veolia Water Technologies, Suez Water Technologies & Solutions, Wärtsilä, Xylem, Alfa Laval, Danfoss, IDE Technologies, Doosan Enerbility, LG Chem, Aquatech International, Guangzhou KangYang Seawater Desalination Equipment Co., Ltd., and Toray Industries, Inc.
Global Water Desalination Equipment: Regional Landscape
Water shortages and shrinking freshwater supplies in the Asia Pacific drive demand for desalination equipment.
Establishing new desalination plants in the Asia Pacific region in order to grow the market can be achieved by increasing investment in desalination technologies in these countries.
A new water disinfection system is being installed in China to boost sales in years of growth.
A growing segment of river water is expected to grow demand for desalination equipment.
Increasing residential installations and technological innovations are expected to boost North American demand for water desalination equipment.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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About Us Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services.