The global water
desalination equipment market value is anticipated to reach USD
25.1 billion by 2025, according to a new report by Grand View Research, Inc.
Growing demand for water, increasing water need in industries, and rising
population are expected to influence product demand over the forecast period.
In the past few years, the industry has witnessed
increasing investments in R&D activities for the development of energy
efficient membrane systems. This has led to increased popularity of
membrane-based products. Some of the major application sectors of the products
include municipal, industrial, and others.
Reverse osmosis segment held the largest share in the
market and is expected to continue its dominance over the forecast period. The
market is witnessing increasing use of the reverse osmosis technology to treat
water from the sea, lakes, underground, and other water sources. The higher
efficiency of the reverse osmosis technology along with less consumption of
energy is the key factor for the growth of this technology during the projected
timeline.
The key market participants of the water desalination
equipment market are Genesis Water Technologies, Doosan Heavy Industries and
Construction, GE Corporation, Koch Membrane Systems (KMS), IDE Technologies,
Degremont SAS, Biwater, Hyflux Ltd., Acciona, S.A., and others. The vendors of
the market are likely to witness robust growth in the demand for the
desalination equipment in the coming years, owing to increasing demand for the
water which would generate the need for water desalination plants.
Browse full research report on Water Desalination Equipment Market: https://www.grandviewresearch.com/industry-analysis/water-desalination-equipment-market
Further
key findings from the report suggest:
- The global demand for water desalination equipment was USD 11.5
billion in 2016 and is expected to grow at a CAGR of around 9.1% from 2017
to 2025
- Sea water was the biggest source for water desalination while
accounting for over 67% of the total revenue in 2016
- Municipal was the largest application segment for desalination
equipment with a demand of over USD 5 billion in 2016
- The Middle East and Africa is expected to be the largest regional
market with a projected demand of around USD 10 billion by 2025
- The industry is dominated by a few multinational corporations such
as GE corporation and Doosan Heavy and Construction with significant
presence across the value chain
- Companies are moving towards strategic mergers and acquisition to
increase their international presence and gain significant market share.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment
Grand
View Research has segmented the global water desalination equipment market by
technology, application, source and region:
Technology
Outlook (Revenue, USD Million, 2014 - 2025)
- Reverse
Osmosis (RO)
- Multi-stage
filtration (MSF)
- Multi-effect
distillation (MED)
- Others
Application
Outlook (Revenue, USD Million, 2014 - 2025)
- Municipal
- Industrial
- Other
Source
Outlook (Revenue, USD Million, 2014 - 2025)
- Sea water
- Brackish
water
- River water
Regional
Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Europe
- Spain
- Asia Pacific
- China
- India
- Australia
- Central &
South America
- Chile
- Middle East
& Africa
- Saudi Arabia
- UAE
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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