The primary drivers driving the growth of the market for water desalination equipment are the increasing need for drinking water, growing public awareness of the benefits of desalinated water, and increasing investment in the water desalination industry. The main drivers of the increase in drinking water demand are urbanization and population growth. The market for water desalination equipment is expected to expand as a result of the growing focus on providing clean drinking water.
Using water desalination technology, dissolved salts and other minerals are eliminated from seawater or brackish water to make it fit for drinking or other applications. seawater desalination systems removes dissolved salt and other minerals to make it suitable for drinking or other uses. The main purpose of desalinating water is to provide fresh water for drinking and other uses, like irrigation.
Using water desalination technology, dissolved salts and other minerals are removed to make saltwater or brackish water suitable for drinking or other applications. Desalination of seawater removes dissolved salts and other minerals to make it suitable for drinking or other uses. The main purpose of desalinating water is to provide fresh water for drinking and other uses, like irrigation.
The market for water desalination equipment is expected to grow from USD 3.27 billion in 2021 to USD 7.20 billion by 2031, at a CAGR of 13.5%.
The need for drinking water and agricultural water is growing, and this market is also being driven by expanding investment in the desalination sector and rising public awareness of the benefits of desalinated water.
The increased demand for drinking water is one of the main drivers of the market for water desalination equipment. According to the United Nations World Water Development Report 2020, there will be 1 billion additional people on the earth by 2050, and water demand will rise by 30%. This increase in demand can be attributed to the growing population, changing lifestyles, and industrialization. By 2030, it is predicted that over half of the world's population would live in areas with severe water shortages.
Desalinated water has a variety of benefits over traditional freshwater sources like rivers and groundwater. Because it doesn't contain any dissolved salts or other minerals, desalinated water is acceptable for human consumption. Desalinated water is also less likely to contain germs and other contaminants than traditional freshwater sources.
There are several uses for desalination equipment, including the creation of drinking water, industrial water, agricultural water, and other uses. The production of drinking water is the technology's most important use. Desalinated water is used for drinking, cooking, and other household tasks.
The high cost of water desalination equipment is one of the main issues preventing the market's expansion. Because desalination uses a lot of electricity, it is an expensive process. The expense of maintaining desalination equipment is very considerable. This is predicted to be a barrier to the growth of the market for water desalination equipment during the course of the forecast period. The high cost of water desalination equipment, especially in developing countries, considerably hinders the adoption of these systems. Another obstacle to the market's growth is the high maintenance and operating costs associated with water desalination technology. The market for water desalination equipment is expected to have new growth opportunities as a result of the technology's decreasing cost.
Covid-19 Impact & Market Status
The market for water desalination equipment has been significantly impacted by the COVID-19 pandemic. The demand for water desalination equipment has decreased as a result of the lockdown imposed by numerous governments around the world. During the forecast period, it is also anticipated that the supply chain disruption will impede market expansion. Nevertheless, new market opportunities are anticipated to arise during the forecast period as a result of the growing demand from the healthcare sector for water desalination equipment.
Segment Analysis
Asia Pacific will command the marketplace
The Asia Pacific region is expected to have the fastest growth in the market for water desalination equipment throughout the forecasted period. The market has grown as a result of expanding urbanisation and industrialisation in this region, which has increased water consumption. Because more people are becoming aware of the benefits of desalinated water, market growth in this area is projected.
The market's largest application segment is expected to be drinking water
During the projection period, the drinking water application category is anticipated to develop at the greatest CAGR. One of the key factors fueling the expansion of this market segment is the rising need for clean drinking water.
Increasing need for portable emergency saltwater desalination watermakers
During the projection period, the portable emergency seawater desalination watermakers segment is anticipated to develop at the greatest CAGR. One of the primary factors promoting the expansion of this market segment is the rising demand for safe drinking water, particularly in disaster-prone areas.
GE Water & Process Technologies (US), Toshiba Corporation (Japan), SUEZ (France), Danfoss A/S (Denmark), Hitachi, Ltd. (Japan), Toray Industries, Inc. (Japan), Alfa Laval International AB (Sweden), Veolia Environnement SA (France), and DowDuPont Inc. are some of the leading companies in the water desalination equipment market. The Middle East, Africa, Europe, and North America all have a strong presence for these companies. They have established distribution systems and provide a range of water desalination equipment. Many organisations concentrate on expanding their geographic reach in order to gain a competitive edge in the global market.
Latest Innovations in the Global water desalination equipment Market: A Snapshot
• In May 2019, GE Power announced the launch of its new reverse osmosis (RO) membrane element. The new product is designed to provide increased productivity and improved efficiency for water desalination plant operators.
• In March 2019, Suez announced the completion of a RO desalination plant in Qatar. The plant has a capacity of 400,000 m3/day and is expected to provide water for the construction of a new city in Qatar.
Water Desalination Equipment Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2031 |
Study Period | 2018-2031 |
Forecast Unit | Value (USD) |
Revenue forecast in 2031 | USD 7.20 billion |
Growth Rate | CAGR of 13.5 % during 2021-2031 |
Segment Covered | by Type, By Application , Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | GE Water & Process Technologies (US), Toshiba Corporation (Japan), SUEZ (France), Danfoss A/S (Denmark), Hitachi, Ltd. (Japan), Toray Industries, Inc. (Japan), Alfa Laval International AB (Sweden), Veolia Environnement SA (France), and DowDuPont Inc. |
Key Segments of the Global Water Desalination Equipment Market
Type Overview (USD Billion)
• Portable Emergency Seawater Desalination Watermakers
• Marine Fresh Seawater Desalination Watermakers
• Land-based Seawater Desalination Plants
• Offshore Seawater Desalination Watermakers (Oil and Gas)
• NATO Certified Military SWRO Seawater Desalination Watermakers
Application Overview (USD Billion)
• Drinking Water
• Agricultural Water
• Industrial Water
• Other
Regional Overview (USD Billion)
North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
• UAE
• South Africa