Water Desalination Equipment Market Forecasts to 2030 - Global Analysis By Component, Source, Plant Capacity, Technology, Application, End User and By Geography

According to Stratistics MRC, the Global Water Desalination Equipment Market is accounted for $9.8 billion in 2024 and is expected to reach $18.9 billion by 2030 growing at a CAGR of 11.5% during the forecast period. Water desalination equipments are technologies and systems designed to remove salt and other impurities from seawater or brackish water, making it suitable for various uses such as drinking, agriculture, and industrial processes. These systems employ various methods, including reverse osmosis, distillation, and electro dialysis, to separate salts and minerals from water, producing potable or freshwater.

According to the World Bank statistics, in 2021, energy prices increased by over 80% compared to 2020, and the scenario continues. The primary reason behind the upsurge in energy prices is an uptick in commodity prices for coal and natural gas.

Market Dynamics:

Driver:

Rapid urbanization and industrialization

Urbanization leads to increased population density and higher water consumption per capita, straining existing freshwater sources. Industrialization further intensifies water usage through manufacturing processes and cooling systems, often in areas where freshwater availability is limited. Moreover as urban and industrial centers expand, the need for alternative water sources becomes critical. Water desalination equipment offers a viable solution by converting seawater or brackish water into freshwater suitable for various uses boosts the market growth.

Restraint:

High energy consumption

Desalination processes such as reverse osmosis and thermal distillation require substantial energy inputs to operate pumps, maintain pressure, and heat water. This reliance on energy sources, often derived from fossil fuels, contributes to greenhouse gas emissions and environmental degradation. Thus the high energy demand of desalination plants increases operational costs, making freshwater production expensive compared to conventional water sources. This cost factor can limit the widespread adoption of desalination technologies, particularly in regions with limited financial resources.

Opportunity:

Limited availability of freshwater alternatives

Global freshwater sources face increasing stress from climate change, pollution, and population growth, alternative water supply solutions become essential. Water desalination offers a viable option by tapping into abundant seawater resources, thereby reducing dependence on finite freshwater reserves. However, the limited availability of freshwater alternatives also underscores the necessity and urgency of investing in desalination technologies driving the market growth.

Threat:

Negative environmental consequences

Intensive energy requirements of desalination processes, such as reverse osmosis and thermal distillation, often rely on fossil fuels, contributing to air pollution and climate change. Power plants supporting desalination operations can impact local ecosystems through thermal pollution and habitat disruption. Moreover, the disposal of brine concentrate, a byproduct of desalination, poses environmental challenges. Hence, discharging highly concentrated saltwater back into oceans or rivers can harm marine life and alter water chemistry, affecting coastal ecosystems.

Covid-19 Impact:

Initially, disruptions in supply chains and workforce availability affected project timelines and equipment delivery. However, as the pandemic progressed, the essential nature of water infrastructure projects, including desalination, prioritized their continuity. Further governments and industries increasingly recognized the critical role of reliable water supply in public health, emphasizing investments in water infrastructure to ensure resilience against future disruptions.

The drinking water supply segment is expected to be the largest during the forecast period

The drinking water supply is expected to be the largest during the forecast period because in regions facing water scarcity or contamination issues, desalination becomes a vital solution to ensure access to safe and sufficient drinking water. Growing populations, urbanization, and industrialization exacerbate pressures on freshwater sources, increasing the need for alternative water supply solutions like desalination. Additionally, climate change impacts, such as droughts and erratic rainfall patterns, further strain traditional water sources, necessitating resilient water supply systems like desalination.

The water providers & suppliers segment is expected to have the highest CAGR during the forecast period

The water providers & suppliers segment is expected to have the highest CAGR during the forecast period as these entities, including municipal water utilities and private water companies, are responsible for ensuring reliable and safe water supply to communities, industries, and agriculture. As traditional freshwater sources become stressed due to population growth, urbanization, and climate change, water providers increasingly turn to desalination as a sustainable solution to supplement or replace conventional water sources.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to factors such as increasing water scarcity, technological advancements, and government initiatives supporting water infrastructure development. Countries like the United States and Canada face challenges related to water availability and quality, particularly in arid regions and coastal areas. Additionally the region benefits from established regulatory frameworks, supportive policies, and significant investments in research and development, fostering the adoption of desalination technologies.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period because of key drivers include a growing population, urbanization, and industrialization, which strain traditional water sources and necessitate innovative solutions like desalination. Further the market encompasses a range of desalination methods, including reverse osmosis, thermal distillation, and emerging technologies like forward osmosis and membrane distillation. Major players in the region focus on enhancing energy efficiency, reducing environmental impacts, and improving cost-effectiveness to meet growing demand.

Key players in the market

Some of the key players in Water Desalination Equipment market include Abengoa, Acciona S.A., Aquatech International LLC, Biwater Holdings Limited, Doosan Heavy Industries & Construction, Dow, Ferrovial, S.A., Fisia Italimpianti S.p.A., Genesis Water Technologies, Guangzhou KangYang Seawater Desalination Equipment Co., Ltd., IDE Technologies, Koch Membrane Systems, LG Chem, Septech Holdings Limited, SUEZ, Toray Industries Inc, Veolia and Xylem

Key Developments:

In July 2024, ACCIONA launches Silence S04, the first electric urban NanoCar with removable batteries. The compact and comfortable design and the subscription-and-battery-swap model make the S04 a unique vehicle in its class

In July 2024, ACCIONA Energia and Prologis partner to boost distributed solar energy in Spain. This community solar will be owned by Prologis, while ACCIONA Energia will be responsible for their installation, operation and maintenance for 10 years.

In July 2024, Aquatech Introduces AquaR2RO(TM) Process for Zero Liquid Discharge and High Recovery Plants. The AquaR2RO process features a unique configuration of membranes engineered to cost-effectively treat waters that are difficult to treat with conventional membranes processes.

Components Covered:

• Membranes
• Pumps
• Evaporators
• Energy Recovery Devices
• Pre-treatment Systems
• Post-treatment Systems
• Tanks & Storage Systems
• Control & Monitoring Systems
• Other Components

Sources Covered:

• Brackish Water
• River Water
• Sea Water
• Other Sources

Plant Capacities Covered:

• Small Scale (Less than 1,000 m3/day)
• Medium Scale (1,000 - 10,000 m3/day)
• Large Scale (More than 10,000 m3/day)

Technologies Covered:

• Multi-Stage Flash (MSF) Distillation
• Multi-Effect Distillation (MED)
• Reverse Osmosis (RO)
• Electrodialysis (ED) and Electrodialysis Reversal (EDR)
• Nanofiltration (NF)
• Other Technologies

Applications Covered:

• Drinking Water Supply
• Domestic Use
• Mining
• Irrigation & Livestock
• Portable Desalination Units
• Temporary Desalination Plants
• Wetland Restoration
• Aquaculture
• Other Applications

End Users Covered:

• Water Providers & Suppliers
• Commercial Establishments
• Power Plants
• Farmers & Agribusinesses
• Military & Defense
• Emergency & Disaster Relief Organizations
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances