Water Desalination Equipment Market Size, Share, Growth Analysis, By Source(Seawater, Brackish water), By Technology(Reverse Osmosis, Multi-Stage Flash (MSF) Distillation), By Application(Municipal, Industrial) - Industry Forecast 2024-2031

Global 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).

Desalination equipment removes dissolved salts and various minerals from different water sources like brackish water, seawater, or other water reservoirs and converts them into fresh water. This technology is widely by municipality to transform available water sources into potable water suitable for consumption. Additionally, industries such as chemical, mining, and oil and gas rely on freshwater in their operations, thus incorporating desalination to meet their water needs.

The water desalination equipment market is witnessing significant growth. Increasing water scarcity issues around the world along with the factors such as population growth, urbanization, and climate change, are fuelling the demand for desalination solutions. Regions facing severe water stress, especially in the Middle East & Africa and Asia-Pacific regions, are heavily investing in desalination infrastructure to secure freshwater supplies for municipal, industrial, and agricultural uses. Additionally, declining groundwater levels and worsening water quality further draws the importance of desalination technology as a sustainable alternative for fresh water source.

Furthermore, technological advancements are also playing important part in reshaping the market landscape, with innovations in membrane materials, energy-efficient processes and hybrid systems driving efficiency and reductions in costs in desalination operations. Membrane-based desalination technologies, like reverse osmosis, are leading the market due to their lower energy consumption compared to thermal desalination methods.

The market is witnessing huge investments in R&D activities mainly dealing technical challenges, improving system performance, and expanding the applicability of desalination technology. Public-private partnerships, government initiatives, and regulatory support are also fostering market growth by incentivizing investments in desalination infrastructure and promoting innovation in water resource management. For instance, in India, the government programs like the Atal Mission for Urban Rejuvenation and Transformation (AMRUT), focuses on developing infrastructure that ensures the adequate supply of water and management of sewage networks.