Press release
Water Desalination Equipment Global Market Report 2024-2033 | Size, Share, and Insights: A Holistic Overview
Water Desalination Equipment Market
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.
Market Overview -
Water desalination refers to a process of separating dissolved salts and other minerals from water. The water desalination equipment is used to reduce the salinity and other minerals from the discharged water to separate salt from water. The water desalination equipment includes multi-effect evaporators and reverses osmosis systems to treat seawater to become drinking water.
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Urbanization And Industrialization Fueling Water Desalination Equipment Market Growth
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.
Competitive Landscape -
Major companies operating in the water desalination equipment market include Acciona S.A., Aquatech International LLC, Biwater Holdings Limited, Doosan Heavy Industries & Construction Co. Ltd., Genesis Water Technologies Inc., IDE Technologies Ltd., Koch Separation Solutions LLC, Lenntech B.V., Pure Aqua Inc., Suez Water Technologies & Solutions, Veolia Water Technologies SA, Advanced Watertek FZC, Desmi A/S, E. I. du Pont de Nemours and Company (DuPont), Ferrovial S.A., Fisia Italimpianti S.p.A., General Electric Company GE, Hatenboer-Water BV, Prominent Dosiertechnik GmbH, Toray Industries Inc., Triwin Watertec Co. Ltd., Wärtsilä Corporation, Zhonghe Seawater Desalination E+B25:B35ngineering Co. Ltd., Cadagua S.A., Degrémont S.A., Guangzhou KangYang Seawater Desalination Equipment Co. Ltd., Hyflux Ltd., Danfoss A/S, Xylem Inc., Evoqua Water Technologies LLC., Aqua-Chem Inc., Applied Membranes Inc., Membrane Systems Australia Pty Ltd, Membrane Technology and Research Inc., Nanostone Water Inc., Oasys Water Inc., Saltworks Technologies Inc., Watek Engineering Corporation
Technological Advancements Driving Innovation In Water Desalination Equipment Market
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.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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