The global water desalination equipment market is projected to reach USD 11.2 billion by 2026 from an estimated market size of USD 7.1 billion in 2021, at a CAGR of 9.5% during the forecast period. 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.
The Middle East & Africa region is estimated to be the largest market for the water desalination equipment, followed by APAC. The APAC region is also projected to be the fastest-growing market during the forecast period. Government initiatives towards the increased investment in water & wastewater management sectors, owing to the limited availability of consumable water and the rapidly increasing population are the factors driving the water desalination equipment market in the Middle East & Africa region.
Download PDF Brochure - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=361
The water desalination equipment market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the global water desalination equipment market include Suez Water Technologies & Solutions (US), Veolia Water Technologies (France), DuPont (US), LG Chem (Korea), Toray Industries, Inc. (Japan), Sulzer (Switzerland) and Wärtsilä (Finland).
Reverse Osmosis: The largest segment of the water desalination equipment market, by technology
The water desalination equipment market, by technology, is segmented reverse osmosis (RO), multi-stage flash distillation (MSF), multiple-effect distillation (MED), and others. The reverse osmosis segment is estimated to have the largest market share and is expected to grow at the highest rate during the forecast period. The technology is popular in developing countries due to its simple design and operation, as well as low cost. The demand for RO technology is expected to grow in the coming years owing to its low installation cost, easy processing, ability to treat all types of feed water, and minimal use of chemicals.
The municipal segment is expected to be the most significant water desalination equipment market, by application
The water desalination equipment market, by application, is segmented into municipal, industrial, and others. The municipal segment holds the largest share in the water desalination equipment market, followed by industrial. The growth in population, migration of people from rural to urban regions, scarcity of consumable water, and depletion of freshwater sources across the globe have surged the need for desalinated water. This has encouraged the governments of developing economies to invest in the water treatment sector to enhance their capabilities related to providing potable water and accommodate the increasing demand. These factors are likely to fuel the adoption of desalination equipment in the municipal segment.
Ask Sample Pages - https://www.marketsandmarkets.com/requestsampleNew.asp?id=361
Middle East & Africa is expected to dominate the global water desalination equipment market
The Middle East & Africa region is estimated to be the largest market for the water desalination equipment, followed by APAC. The APAC region is also projected to be the fastest-growing market during the forecast period. Government initiatives towards the increased investment in water & wastewater management sectors, owing to the limited availability of consumable water and the rapidly increasing population are the factors driving the water desalination equipment market in the Middle East & Africa region.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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.
