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.
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or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/water-desalination-equipment-market
http://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.
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
o
U.S.
·
Europe
o
Spain
·
Asia Pacific
o
China
o
India
o
Australia
·
Central & South America
o
Chile
·
Middle East & Africa
o
Saudi Arabia
o
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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