Water Desalination Equipment Market Size, Share, Trends, CAGR of 61.63%, Future Growth, Emerging Trends, Qualitative Outlook, and Forecast Till 2029
Water Desalination Equipment Market was valued at US$ 18.15 Bn. in 2022 and the total revenue is expected to grow at 8.73% of CAGR through 2023 to 2029, reaching nearly US$ 32.62 Bn.
Water Desalination Equipment Market Overview:
The Water Desalination Equipment market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Water Desalination Equipment Market, as well as the reasons for variations in the industry’s growth in various locations.
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Top-down and bottom-up approaches are used to validate the market size and to estimate the market size by different segments. The market estimations in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and breakdowns of the segments are derived based on weights assigned to each of the segments on their utilization rate and average sale price. The country-wise splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given market Size in the respective region or country.
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Segmentation:
Global Water Desalination Equipment Market Size, by Technology (2023-2029)
• Reverse Osmosis
• Multi-Stage Flash (MSF) Distillation
• Multi-Effect Distillation (MED)
• Others
The market for water desalination equipment is divided into categories based on technology including reverse osmosis, multi-stage flash distillation (MSF), multi-effect distillation (MED), and others. In 2022, Reverse Osmosis had a sizable market share. Reverse osmosis drinking water filtration systems are frequently utilised in industrial, commercial, and residential settings. Reverse osmosis equipment may remove pollutants including heavy metals, pesticides, viruses, and bacteria to improve taste and odour. Reverse osmosis systems' essential components are low-maintenance and economical to run. owing to the market for water desalination equipment experiencing a rise in demand for reverse osmosis equipment.
Global Water Desalination Equipment Market Size, by Source (2023-2029)
• Seawater
• Brackish water
• River water
• Other
The market for water desalination equipment is divided into seawater, brackish water, river water, and others depending on the source. By means of repeated cycles of evaporation and condensation, distillation separates clean water from seawater. Sea water is evaporated using a boiling or a flash method to produce distilled water.
Global Water Desalination Equipment Market Size, by Application (2023-2029)
• Municipal
• Industrial
• Other
Key Players in the Water Desalination Equipment Market are:
1. Xylem Inc. (US)
2. Genesis Water Technologies (US)
3. Aquatec International LLC (US)
4. General Electric Company (US)
5. Koch Membrane Systems (US)
6. Dow (US)
7. Acciona, S.A (Spain)
8. Abengoa (Spain)
9. Ferrovial, S.A. (Spain)
10.Veoila (France)
11.SUEZ (France)
12.Sulzer Ltd (Switzerland)
13.Wärtsilä (Finland)
14.Fisia Italimpianti S.p.A. (Italy)
15.Biwater Holdings Ltd. (UK)
16.Doosan Heavy Industries and Construction (South Korea)
17.LG Chem (South Korea)
18.Septech Holdings Limited (Australia)
19.IVRCL Ltd. (India)
20.Toray Industries (Japan)
21.Guangzhou KangYang Seawater Desalination Equipment Co., Ltd. (China)
22.IDE Water Technologies (Israel)
23.Metito (UAE)
Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Water Desalination Equipment market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on Water Desalination Equipment Market:
Due to a break in operations, end-user sectors where Water Desalination Equipment are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Water Desalination Equipment manufacturers, affecting the development of the Water Desalination Equipment market in 2020. End-user business demand for Water Desalination Equipment has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Water Desalination Equipment Market Report are:
- Which segment had the largest share in the Water Desalination Equipment market in 2021?
- What is the competitive landscape of the Water Desalination Equipment market?
- Which are the key drivers aiding the Water Desalination Equipment market growth?
- Which region has the maximum share in the Water Desalination Equipment market?
- What will be the CAGR of the Water Desalination Equipment market during the forecast period (2022-2027)?
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