PUBLISHER: 360iResearch | PRODUCT CODE: 1470816
PUBLISHER: 360iResearch | PRODUCT CODE: 1470816
[185 Pages Report] The Water & Wastewater Treatment Equipment Market size was estimated at USD 58.58 billion in 2023 and expected to reach USD 62.96 billion in 2024, at a CAGR 7.79% to reach USD 99.11 billion by 2030.
The water & wastewater treatment equipment market includes diverse technologies, systems, and processes designed to make water suitable for a specific end-use, including drinking, industrial water supply, irrigation, or returning treated wastewater safely into the environment. Growing awareness of water scarcity and the need to protect water resources is emphasizing more efficient and sustainable water management practices. Governments worldwide impose stricter regulations on water quality and waste discharge, compelling industries and municipalities to adopt advanced treatment solutions. Ongoing innovations in treatment technologies are making systems more efficient, affordable, and capable of meeting higher treatment standards. However, treating certain pollutants, such as microplastics and pharmaceutical residues, remains complex, limiting market growth. Complex and fragmented regulations can be difficult, potentially creating challenges for adopting new technologies. Moreover, as water scarcity becomes more pronounced, technologies that enable the reuse of treated wastewater may generate growth opportunities in the market. Integrating IoT and AI technologies for smarter, more efficient water management systems offers potential for innovation and growth.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 58.58 billion |
Estimated Year [2024] | USD 62.96 billion |
Forecast Year [2030] | USD 99.11 billion |
CAGR (%) | 7.79% |
Type: Growing utilization of desalination equipment to remove dissolved salts
Desalination equipment removes dissolved salts and other minerals from seawater or brackish water, making it potable or suitable for agricultural and industrial use. Disinfection equipment is crucial for eliminating pathogens and harmful bacteria from water, making it safe for human consumption and use. Filtration equipment removes suspended solids, chemicals, and other impurities from water. Filtration equipment includes various technologies, from conventional sand filters to advanced membrane filters such as ultrafiltration and microfiltration. Testing and monitoring equipment is essential for assessing water quality and ensuring effective treatment processes. Testing and monitoring equipment includes sensors, meters, and analytical instruments that measure parameters such as pH, conductivity, turbidity, and contaminant levels.
Application: Critical role of water & wastewater treatment equipment in municipal water treatment systems
Industrial water & wastewater treatment equipment are utilized across various sectors, such as manufacturing, pharmaceuticals, power plants, and chemicals. The industrial sector necessitates wastewater treatment generated from industrial processes before reusing or releasing it into the environment. Industrial entities are increasingly adopting advanced treatment technologies to comply with stringent regulations and to minimize their ecological footprint. The municipal application pertains to the treatment of water and wastewater generated by households, commercial establishments, and public facilities. The municipal applications ensure safe drinking water and the proper treatment of sewage and wastewater to protect public health and the environment.
Regional Insights
The Americas represent highly evolving water and wastewater treatment equipment markets, primarily driven by stringent regulatory standards and advanced technological adoption. Consumers and industries in the region increasingly prioritize equipment that offers energy efficiency, lower operational costs, and compliance with environmental regulations. Recent patents in the Americas region focus on innovative filtration techniques, smart monitoring systems, and advanced desalination technologies. The European market is witnessing a high demand for water reuse and recycling technologies, underpinned by the EU's ambitious environmental and sustainability directives. Innovation in the sector is heavily supported by EU funding for research and development, particularly in areas such as nano-filtration and chemical-free treatment processes. With limited water resources, the Middle East invests heavily in desalination and reuse technologies. Africa focuses on expanding access to clean water and sanitation, with an emerging interest in affordable, low-tech solutions tailored to the needs of rural and underserved communities. The APAC market is rapidly evolving, fueled by extensive government initiatives addressing water pollution and scarcity. China is focusing on investments in wastewater treatment and recycling facilities, strongly emphasizing technologies that support the government's "Green China" initiative. Japan's market is sophisticated, with a strong emphasis on technological innovation and sustainability. The Indian market is characterized by a pressing need for scalable water and wastewater treatment solutions driven by rapid urbanization and industrialization. The APAC market is observing a surge in demand for cost-effective and easy-to-maintain systems, appealing to a wide range of consumers, from municipal corporations to industries.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Water & Wastewater Treatment Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Water & Wastewater Treatment Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Water & Wastewater Treatment Equipment Market, highlighting leading vendors and their innovative profiles. These include 3M Company, A.O. Smith Corporation, Accepta Water Treatment, Aquatech International LLC, BWT Holding GmbH, Calgon Carbon Corporation by Kuraray Co., Ltd., Chembond Chemicals Limited, Culligan International Company, Danaher Corporation, Doosan Corporation, DuPont de Nemours, Inc., Ecolab Inc., Evoqua Water Technologies LLC by Xylem Inc., General Electric Company, Grundfos, Hitachi, Ltd., ITT Inc., Kurita Water Industries Ltd., Pall Corporation, Pentair PLC, Siemens AG, Sulzer Ltd., Thermax Limited, Toray Industries, Inc., and Veolia Environnement S. A..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Water & Wastewater Treatment Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Water & Wastewater Treatment Equipment Market?
3. What are the technology trends and regulatory frameworks in the Water & Wastewater Treatment Equipment Market?
4. What is the market share of the leading vendors in the Water & Wastewater Treatment Equipment Market?
5. Which modes and strategic moves are suitable for entering the Water & Wastewater Treatment Equipment Market?