PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627796
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627796
The mobile water treatment market is predicted to grow at a CAGR of 12.16% from US$2.410 billion in 2025 to US$4.278 billion by 2030.
Mobile water treatment systems are used when water delivery services are temporarily disrupted to provide a regular supply of safe drinking water. From any natural water source, including saltwater, surface water, seawater, ponds, and rivers, mobile treatment solutions can create purified water. Water contamination incidents are on the rise all over the world, which is the main driver of the worldwide mobile water treatment market. Additionally, the shrinkage of freshwater resources and the lack of water in arid regions have a significant impact on the expansion of the global market. However, the development of the market could be hampered by the manufacturing and implementation costs of mobile water treatment solutions.
Mobile water treatment market drivers
The rapid expansion of reservoirs and wastewater and water treatment plants worldwide is one of the main factors fueling the growth of the global mobile water treatment market. Water scarcity has become a severe problem in many countries which increases the demand for clean water. Freshwater resources are being depleted quickly. By 2025, the U.S. Food and Agriculture Organisation projects that 1.9 billion people will reside in regions with a complete water shortage. Additionally, by 2025, about two-thirds of the world's population may be experiencing water stress. The World Data Lab estimates that 2.36 billion people live in locations with limited access to clean water.
The majority of the Middle Eastern and African nations, including Saudi Arabia and Egypt, are among the locations with extreme water shortages and water stress. In these areas, the average amount of water per person is less than 500 m3, and the area where the average amount of water per person is less than 1000 m3 is known as a water-scarce area. Reusing treated water is therefore the greatest option in these areas. As a quick, affordable, and dependable solution to the water crisis problem, mobile water treatment may be a good option in this situation. Any location can receive clean drinking water thanks to a mobile water treatment system that is mounted on a trailer.
Further, there has been a lot of investment in the wastewater treatment sector, there will likely be a significant increase in demand for mobile water treatment technology. The Winnipeg Sewer Treatment plant was built with a US$212.8 million investment from the Canadian government in July 2021. It is anticipated that further construction projects offer promising growth prospects.
Mobile water treatment market geographical outlook
By geography, the mobile water treatment market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region such as ASEAN countries.
The Asia Pacific region is estimated to have a notable growth rate, attributed to the rising demand for clean water due to rapid urbanization and industrialization and diminishing freshwater resources around the globe. Additionally, with an increasing population and growing awareness regarding the health hazards of consuming contaminated water, especially in developing economies like China and India, the demand for mobile water treatment solutions is expected to grow significantly in the upcoming years.
The North American mobile water treatment market is segmented into USA, Canada, and Mexico. The ongoing and rising clean drinking water crisis is estimated to be the major factor propelling the region's mobile water treatment market growth. Due to the plunging water levels in the Colorado River, Mexico and American states such as Arizona and Nevada are estimated to be some of the worst affected regions, with Arizona expected to lose significant of its supply.
The agricultural sector is projected to hold a significant share of the mobile water treatment market.
By end-users, the mobile water treatment market is divided into the municipality, construction, chemical, agriculture, and others. Agricultural activities and irrigation facilities are intertwined activities for increasing crop yield. Water is a critical input for agricultural production and is important to food security. Irrigated agriculture is, on average, at least twice as productive per unit of land as rain-fed agriculture, thereby allowing for more production intensification and crop diversification. Increasing productivity and the ability to feed the growing population calls for better irrigation facilities. The mobile water treatment facilities can produce purified water from any natural and contaminated water sources, which can irrigate the crop field, thereby reducing water wastage.
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