Water Desalination Equipment Market to Generate USD16.3 Billion by 2031

The water desalination equipment market was valued at USD7.5 billion in 2022. It is estimated that the market will reach USD16.3 billion by 2031, growing at a CAGR of 8.9%.

The use of photovoltaic solar energy as a primary energy source for Seawater Reverse Osmosis (SRWO) desalination projects is on the rise or has already been implemented. For instance, Yanbu-4 will use photovoltaic solar to power its SWRO plant, which will be operational in 2023, in Saudi Arabia with a capacity of 450,000 m³ daily.

These insights are based on a report on Water Desalination Equipment Market by Transparency Market Research.

Market Segmentation

• Source
  • Sea Water
  • Brackish Water
  • River Water
  • Others
• Technology
  • Reverse Osmosis
  • MSF (Multi Stage Flash)
  • MED (Multi Effect Distillation)
  • Mechanical Vapor Compression (MVC)
  • Electrodialysis
  • Nanofiltration
  • Others
• Application
  • Municipal
  • Industrial
  • Others

The prominent players are Veolia Water Technologies, Suez Water Technologies & Solutions, Wärtsilä, Xylem, Alfa Laval, Danfoss, IDE Technologies, Doosan Enerbility, LG Chem, Aquatech International, Guangzhou KangYang Seawater Desalination Equipment Co., Ltd., and Toray Industries, Inc.

Global Water Desalination Equipment: Regional Landscape

Water shortages and shrinking freshwater supplies in the Asia Pacific drive demand for desalination equipment.

Establishing new desalination plants in the Asia Pacific region in order to grow the market can be achieved by increasing investment in desalination technologies in these countries.

A new water disinfection system is being installed in China to boost sales in years of growth.

A growing segment of river water is expected to grow demand for desalination equipment.

Increasing residential installations and technological innovations are expected to boost North American demand for water desalination equipment.