Water Desalination Equipment Market Size, Growth, Trends

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The global water desalination equipment market size was valued at $6.9 billion in 2020, and is projected to reach $16.6 billion by 2030, growing at a CAGR of 9.2% from 2021 to 2030.

Desalination machinery removes molten salts and a variety of other minerals from brackish water, seawater, or any other water source and converts it to fresh or potable water. Desalination technology is utilized in municipal settings to convert existing water resources into potable water that is ready for use. Chemical, mining, and oil and gas industries all incorporate the usage of fresh water in their processes.

Growing water shortage and rapid depletion of freshwater resources are two main reasons propelling the worldwide water desalination equipment market. There is a scarcity of freshwater reserves in various arid locations because these places lack sources of surface water, such as rivers and lakes. Furthermore, as the world's population grows, so does the demand for water, fueling the market's expansion. Furthermore, worsening environmental conditions, such as changing weather patterns, deforestation, and increased pollution, have resulted in water scarcity and drought-like scenarios around the world. These factors are expected to boost the global water desalination equipment market growth.

The water desalination equipment market is segmented into technology, source, application, and region. By technology, the market is divided into reverse osmosis, multi-stage flash (MSF) distillation, multi-effect distillation (MED), and others. By source, it is fragmented into seawater, brackish water, river water, and others. By application, it is categorized into municipal, industrial and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in this report include Acciona SA, Biwater, Cadagua, Degremont Sas, Genesis Water Technologies, IDE Technologies, Pure Aqua, Inc., Koch Membrane Systems, Right Water Solutions, and Veolia. The global water desalination equipment market report provides in-depth competitive analysis as well as profiles of these major players.

By technology, reverse osmosis led the market and accounted for 69.1% of the global revenue in 2020. In reverse osmosis (RO), saline water is forced through a semipermeable membrane that filters salt molecules, thereby, removing salt from the water and producing freshwater.

Reverse Osmosis is projected as the most lucrative segment.

By source, seawater led the market and accounted for 59.0% of the global revenue in 2020. There is a rise in demand for clean water in various drought regions as these lacks various sources of water such as lake and rivers. Thus, growing demand from such regions coupled with lack of freshwater reserves is boosting the growth of seawater desalination equipment market.

Seawater are projected as the most lucrative segment.

By application, the municipal segment accounted for around 54.8% of the water desalination equipment market share in 2020. The growth in urban infrastructure around the world has put a strain on resources such as water and electricity.

Municipal is projected as the most lucrative segment.

By region, LAMEA is expected to witness a CAGR of 9.8% during the forecast period. Growing population, rapid urbanization, intensified industrialization, and extensive agricultural development has strained the existing water resources in the region.

LAMEA is projected as the most lucrative market.

Key Benefits For Stakeholders

Impact Of Covid-19 On The Water Desalination Equipment Market

Koch Membrane Systems, Genesis Water Technologies, Biwater, Veolia, Degremont Sas, IDE Technologies, Cadagua, Acciona SA, Pure Aqua, Inc., Right Water Solutions

Analyst Review

The water desalination equipment market is moving toward growth stabilization phase in its industry life cycle. The process of separating the dissolved salts of other minerals in the water is called desalination. Sea water, wells, sewage and company water can be used to desalinate water. Desalination of water can be achieved in a number of ways, but the technology used is energy intensive. The main technologies used in desalination processes include pressure-controlled processes such as reverse osmosis (RO) and nanofiltration (NF).

The increasing reliance on water desalination technologies, especially in places with low rainfall and limited water supplies, is a major factor driving the global market for water desalination equipment. Technological advancements in water desalination systems and increased investment in the development of energy efficient water desalination technologies are other factors that are expected to drive the growth in the global water desalination market.

Key factors that are driving the water desalination equipment market growth include increasing water concerns, usages of aqua resources by rising population, and abundance of saltwater.

The globalwater desalination equipment market was valued at $16.9 Billion in 2030.

Acciona SA, Genesis Water Technologies, Degremont Sas, Koch Membrane Systems, IDE Technologies are the top players in water desalination equipment market.

Reverse osmosis technology is projected to increase the demand forwater desalination equipment Market

Technology, source, application segment are covered inwater desalination equipment market report

The factors driving the growth for water desalination equipment are water scarcity and depletion of freshwater sources across the globe and rapid urbanization and industrialization in developing economies.

Municipal and industrial and others applications are expected to drive the adoption of water desalination equipment.

The implementation of stringent lockdown measures, partial or full, led to a halt of industrial operations. Besides, due to the unavailability of workforce and decline in logistical operations, the functioning of desalination plants was affected.

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