What is the market size of Water Desalination Equipment Market?

Water Desalination Equipment Market size was valued at USD 9.92 billion in 2022 and is poised to grow from USD 9.991 billion in 2023 to USD 23.20 billion by 2031, growing at a CAGR of 8.6% during the forecast period (2024-2031).

Water Desalination Equipment Market Worldwide

Q: Which region accounted for the largest share in Water Desalination Equipment Market?

Based on the geography, the water desalination equipment market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The Middle East & Africa region emerges as the largest. Middle East & Africa was accounted for 50.0% of the revenue share in 2022 due to growing per capita water usage in the region and severe water scarcity prevalent in many countries within this region, particularly in arid and semi-arid areas. The Middle East faces significant challenges related to limited freshwater resources, growing populations, and high levels of industrial and agricultural activity. As a result, governments and industries in the region heavily rely on desalination technology to meet the escalating demand for fresh water. With strong government support for infrastructure development, increased investments to improve logistical connections, and reconstruction efforts in conflict-affected areas, the Middle East construction sector is likely to grow significantly. This has increased the water consumption, which has put the Middle East at the forefront of large-scale desalination projects, leveraging its access to abundant seawater as a feedstock along with its significant investments in desalination infrastructure. The widespread adoption of desalination technology in the Middle East & Africa region has strengthen its position as the largest segment in the water desalination equipment market.

Water Desalination Equipment Market Regional Insights

Based on the geography, the global water desalination equipment market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. The Middle East & Africa region emerges as the largest. Middle East & Africa was accounted for 50.0% of the global revenue share in 2022 due to growing per capita water usage in the region and severe water scarcity prevalent in many countries within this region, particularly in arid and semi-arid areas. The Middle East faces significant challenges related to limited freshwater resources, growing populations, and high levels of industrial and agricultural activity. As a result, governments and industries in the region heavily rely on desalination technology to meet the escalating demand for fresh water. With strong government support for infrastructure development, increased investments to improve logistical connections, and reconstruction efforts in conflict-affected areas, the Middle East construction sector is likely to grow significantly. This has increased the water consumption, which has put the Middle East at the forefront of large-scale desalination projects, leveraging its access to abundant seawater as a feedstock along with its significant investments in desalination infrastructure. The widespread adoption of desalination technology in the Middle East & Africa region has strengthen its position as the largest segment in the global water desalination equipment market.

Asia Pacific is likely the next fastest-growing segment in the global water desalination equipment market and is likely to grow at a CAGR of 10.4% in the upcoming years. This is attributed to several factors, including rapid population growth, urbanization, industrialization, and increasing water stress in various countries across the region in countries like China and Australia. This region is also facing significant water scarcity issues, due to the reasons like climate change, pollution, and inefficient water management practices. Depletion of groundwater levels, particularly in countries like as Bangladesh and India, are expected to further reduce water availability in the region. As a result, there is a growing demand for desalination technology to supplement traditional water sources and ensure a reliable water supply for municipal, industrial, and agricultural purposes. Also, government initiatives, investments in infrastructure, and advancements in desalination technology further fuel the growth of the water desalination equipment market in the Asia Pacific region.

FAQs

Water Desalination Equipment Market size was valued at USD 8.33 Billion in 2023 and is poised to grow from USD 9.13 Billion in 2024 to USD 19 Billion by 2032, growing at a CAGR of 9.60% during the forecast period (2025-2032).

The competitive landscape of the water desalination equipment market is characterized by the presence of several prominent players, including MNCs and regional players, competing to capture the market share and meet the growing demand for desalination solutions. Key players such as SUEZ and Veolia along with companies like Doosan Heavy Industries & Construction, Acciona, and IDE Technologies are dominating the market with their extensive experience, technological expertise, extensive network and global presence. Additionally, companies from the United States, such as Xylem Inc., Aquatech International LLC, and Evoqua Water Technologies LLC, play significant roles in providing advanced desalination equipment and services, making them specialized in technology related solutions and services. Regional players, particularly from countries with high water scarcity, such as Singapore, the UAE, and Saudi Arabia also contribute to the competitive landscape with their specialized solutions tailored to local market needs. The competition in the water desalination equipment market is driven by factors such as technological innovation, product differentiation, geographic reach, and the ability to provide cost-effective and sustainable water solutions. Therefore, manufacturers in this have adopted several strategies including acquisition, collaboration, new product development, and geographical expansion to enhance their market penetration and meet the changing technological demand from various end-use industries such as municipal, industrial, and others. 'Suez Water Technologies & Solutions ', 'Dupont ', 'LG Chem ', 'Toray Industries, Inc. ', 'Wartsila Company ', 'Alfa Laval ', 'Andritz ', 'Toyobo Co., Ltd. ', 'Advanced Watertek ', 'Danfoss ', 'Sulzer ', 'Triwin Watertec Co., Ltd. ', 'Veolia Water Technologies ', 'Koch Separation Solutions ', 'Dow ', 'Torishima Pump Mfg. Co., Ltd. ', 'Godrej ', 'Hatenboer ', 'Desmi A/S ', 'Pure Aqua, Inc.'

Growing population, urbanization, and industrialization has increased water demands and intensified the water scarcity issues, not only in arid and semi-arid regions but also in urban areas where access to freshwater is limited. Desalination helps to meet the rising water needs of growing urban populations while offering a vital solution to augment freshwater supplies in areas facing water stress.

Emergence of Mining Sector: The mining sector is considered the fourth-largest industrial consumer of water. Thus, the increased utilization of water in mining activities is generating huge demand for water desalination equipment. Since many mining corporations are typically situated in areas with inadequate water supplies, like China, the region is predicted to invest in desalination or other alternative water sources in the assessment period.