The global Water Desalination Equipment market was valued at $16.6 billion in 2020 and growing at a CAGR of 10.3% during the forecast period.
Water desalination equipment is used to remove salt and other minerals from seawater and brackish water, making it suitable for various applications such as drinking water, agriculture, and industrial use. The global water desalination equipment market is expected to grow at a significant rate in the coming years, driven by various market drivers.
Market Drivers:
Growing population and urbanization: The global population is expected to reach 9.7 billion by 2050, with most of the growth occurring in urban areas. This is expected to increase the demand for fresh water, driving the growth of the water desalination equipment market.
Increasing water scarcity: Climate change, overuse of groundwater, and pollution are causing water scarcity in many regions of the world. Water desalination equipment is a solution to this problem, as it can produce fresh water from seawater and brackish water.
Growing demand for clean water: The demand for clean water is increasing due to health concerns and environmental awareness. Water desalination equipment can produce clean water, free from contaminants and pollutants, making it a popular choice among consumers.
Rising investments in water infrastructure: Governments and private companies are investing in water infrastructure to meet the growing demand for fresh water. Water desalination equipment is a key component of water infrastructure, driving the growth of the market.
Factors including rapid urbanization, growing population, and rising water scarcity is expected to drive the demand for water desalination equipment. Due to pandemic, various construction sites and manufacturing enterprises remained closed, reducing the demand for water desalination equipment. However, in early 2021, when the situation became normal, the demand for water desalination technology grew as governments globally seek to invest in water treatment solutions to address water scarcity issues. The government of India, programs such as the Atal Mission for Urban Rejuvenation and Transformation (AMRUT), which focused on establishing infrastructure that guarantees adequate water supply and sewage networks, are also expected to support the market growth of water desalination equipment.
Water scarcity is a pressing global concern, exacerbated by population growth, urbanization, and climate change. In this scenario, water desalination emerges as a crucial solution, offering a sustainable means to access freshwater resources from seawater and brackish water sources. The water desalination equipment market stands at the forefront of this vital endeavor, driving innovation and efficiency to address the world’s escalating water challenges.
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Meeting the Need: Rising Demand for Freshwater
The demand for freshwater continues to surge, driven by rapid urbanization, industrialization, and agricultural activities. Traditional freshwater sources are increasingly strained, necessitating alternative solutions. Water desalination presents a viable option, enabling the conversion of abundant seawater and brackish water into potable water suitable for various applications.
Technological Advancements: Pioneering Innovation
The water desalination equipment market is characterized by ongoing technological advancements aimed at enhancing efficiency, reducing energy consumption, and lowering operational costs. Innovations such as reverse osmosis membranes, multi-effect distillation, and forward osmosis have revolutionized the desalination process, making it more sustainable and economically viable.
Global Expansion: Addressing Regional Water Challenges
The demand for water desalination equipment is not limited to any specific region; it is a global necessity. Regions facing acute water scarcity, such as the Middle East, North Africa, and parts of Asia-Pacific, have been early adopters of desalination technology. However, other regions, including parts of Europe and North America, are increasingly turning to desalination to augment their freshwater supplies, driven by factors such as droughts and population growth.
Environmental Considerations: Balancing Sustainability and Growth
While water desalination offers a critical solution to water scarcity, it is not without environmental implications. Energy consumption, brine disposal, and marine ecosystem impacts are among the challenges that the industry must address to ensure sustainability. Consequently, there is a growing emphasis on integrating renewable energy sources, optimizing desalination processes, and implementing responsible brine disposal practices to minimize environmental footprint.
Future Outlook: Towards a Water-Resilient World
As the global population continues to grow, and water stress intensifies, the importance of water desalination equipment will only escalate. The market is poised for significant growth, driven by the imperative to secure reliable freshwater supplies for municipalities, industries, and agricultural activities worldwide. Collaboration among governments, private sector stakeholders, and research institutions will be pivotal in advancing desalination technologies and expanding access to clean water for all.
Market Breakup By Source
Sea water
Brackish water
River water
Others
Market Breakup By Technology
Reverse Osmosis (RO)
Multi-stage Flash (MSF) distillation
Multi-effect Distillation (MED)
Others
Market Breakup By Application
Municipal
Industrial
Others
Regional Analysis
The report has been prepared after analysing and reviewing numerous factors that denotes the regional development such as economic, environmental, social, technological, and political inputs of the country. The researchers have closely analysed the data of revenue, production, and manufacturers of each county. These analyses will help the to identify the important areas as potential worth of investment in the upcoming years.
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Market Breakup By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The reader can will get an updated information on their revenue of manufacturers, product portfolio, recent development and expansion plans during the forecast period
Major players operating in the Water Desalination Equipment market are:
Acciona S.A.
Doosan Heavy Industries & Construction
Veolia
SUEZ
IDE Technologies
Xylem
Aquatech International LLC
Biwater Holdings Limited
Genesis Water Technologies
Guangzhou KangYang Seawater Desalination Equipment Co., Ltd. (KYSEARO)
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The global water desalination equipment market size is expected to reach USD 34.95 Billion in 2028 and register a CAGR of 8.9% d the forecast period, according to the latest report by Reports and Data.
Some key factors driving rapid global water desalination equipment market revenue growth include increasing scarcity of water in countries across the globe, declining freshwater and groundwater, and high cost of transporting fresh water from distant sources to lean areas.
Desalination of seawater is one of the most common techniques used to address water needs and shortage in Middle Eastern and African countries.
Increasing focus on seawater and brackish water as alternative sources of potable water is expected to drive demand for water desalination equipment during the forecast period.
Israel for example, has five large plants in operation, and is planning for five more to reduce chronic water shortage problems.Request A Free Sample Of This Report : https://www.reportsanddata.com/sample-enquiry-form/4162For the purpose of this report, Reports and Data has segmented the global water desalination equipment market based on source, technology, application, and region:Source Outlook (Revenue, USD Billion; 2018-2028)Brackish WaterSeawaterRiver WaterOthersTechnology Outlook (Revenue, USD Billion; 2018-2028)Multi-Stage Flash (MSF) DistillationReverse OsmosisMulti-Effect Distillation (MED)OthersApplication Outlook (Revenue, USD Billion; 2018-2028)IndustrialMunicipalOthersGet Discount On This Report : https://www.reportsanddata.com/discount-enquiry-form/4162Some Key Highlights From the ReportIn December 2020, Acciona, S.A. announced that the Saudi publicly-owned Corporation Saline Water Conversion Corporation (SWCC) awarded the company and its partner RTCC the design and construction of the Shuqaiq 1 desalination plant on the Red Sea coast in Saudi Arabia in order to minimize water shortage.
Growth in the global population and limited availability of high-quality fresh drinking water have resulted in increasing demand for seawater desalination as an alternative option to obtain fresh water.Reverse osmosis segment is expected to register robust revenue growth over the forecast period.
