Growing demand for water, increasing water need in industries, and rising population are expected to influence product demand over the forecast period. 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.
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.
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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.
Top Players of Water Desalination Equipment Market:
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.
Market Segmentation of Water Desalination Equipment Market:
The Global Water Desalination Equipment Market segmented by Technology, Application, Source and Region.
By Technology:
Reverse Osmosis (RO)
Multi-stage filtration (MSF)
Multi-effect distillation (MED)
By Application:
Municipal
Industrial
By Source:
Sea water
Brackish water
River water
By Region:
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
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