Water Desalination Equipment Market

Water Desalination Equipment Market Outlook for (2023 to 2033)

The global water desalination equipment market is estimated to clock a revenue of USD 22,645.8 million by 2033. The market is expected to rise at a remarkable CAGR of 8.6% through 2033, with a present valuation of USD 9,924.1 million in 2023.

Attribute	Details
Water Desalination Equipment Market Size, 2022	USD 9,141.8 million
Water Desalination Equipment Market Size, 2023	USD 9,924.1 million
Water Desalination Equipment Market Size, 2033	USD 22,645.8 million
Value-based CAGR, 2023 to 2033	8.6%

Emerging Opportunities for Vendors of Water Desalination Equipment

• Declining groundwater levels and increasing freshwater demand to fulfill residential and industrial requirements are creating a lucrative opportunity for water desalination equipment businesses.
• Increasing governments’ investments in seawater desalination projects are predicted to fuel the adoption of novel desalination systems. As per the Electricity and Cogeneration Regulatory Authorities of Saudi Arabia, the country’s government is considering an investment of USD 80 billion in desalination projects, creating high growth prospects for water desalination equipment providers.
• The mining sector is considered the fourth-largest industrial consumer of water. Thus, the soaring utilization of water in mining activities is generating heightened demand for water desalination equipment. Since a large number of mining corporations are typically situated in areas with inadequate water supplies, like China, the region is predicted to invest in desalination or other alternative water sources in the assessment period.
• Increasing deployment of hybrid desalination devices to boost the efficiency of industrial plants is expected to uplift the market growth. Besides driving efficiencies, the hybrid model also provides economies of scale, thus reducing capital as well as operating costs.

Historical Growth of the Water Desalination Equipment Market Vs. Forecast Outlook

Attributes	Details
Water Desalination Equipment Market Size (2018)	USD 6,806 million
Water Desalination Equipment Market Size (2022)	USD 9,141.8 million

The market valuation of water desalination equipment is forecast to rise from USD 9,141.8 million in 2022 to USD 22,645.8 million by 2033. In the meantime, the sales of these systems are predicted to increase at a CAGR of 8.6%. Factors behind the market value escalation include:

• Rising investments in industrial sectors like mining, oil and gas, and water and wastewater treatment are creating demand for novel water desalination equipment designed for specific markets.
• The Middle East and Africa significantly use water desalination equipment. The region is predicted to continue contributing to the global forum as it houses the oil and gas sector wealth.
• The increasing popularity of membrane-based technologies like reverse osmosis (RO) is boosting the device’s demand for reduced maintenance and operating costs.

Country-wise Insights

The adoption of water desalination equipment is predicted to skyrocket in Asian countries like India and China. This can be attributed to the development of cost-effective water desalination systems, boosting this technology's affordability.

Among developed countries, the United States is predicted to see more investment in water desalination equipment than in countries like the United Kingdom and Germany. The following table provides estimated CAGRs for different economies' water desalination equipment markets.

Countries	CAGR 2023 to 2033
The United States	4.6%
Germany	3.5%
The United Kingdom	3.9%
China	9.9%
India	10.4%

India Presents High Lucrativeness for the Business of Water Desalination Equipment

India is an attractive market for businesses providing water desalination equipment. Given below are the factors impelling the adoption of water desalination equipment in the country:

• Acute water shortage and diminishing freshwater levels in India are creating a profitable opportunity for water desalination equipment providers.
• Increasing investments by the Indian government to establish new desalination plants to develop and advance desalination technologies is contributing to market rise in India. Maharashtra, for instance, is 4th in line to embrace the concept of desalination by setting up a desalination plant.
• Surging tourism and per-head water consumption are also key factors behind an increase in the purchase of water desalination equipment.
• Robust industrialization, continuously increasing population, and expanding agriculture sector are creating gainful prospects for the business of water desalination equipment.

New Engineering Projects Undertaken by China to Innovate Water Desalination Systems

China is observing significant growth in the sales of water desalination equipment, thus becoming a prominent market for the product. The country is predicted to record a 9.9% CAGR through 2033. Listed below are the key factors pushing forward the equipment demand:

• Rising investments in new desalination facilities from 2021 to 2025 and improving the capacity volumes to 2.9 million tons/day to increase water supplies, thus adhering to the ‘five-year plan’ set by China’s National Planning Agency.
• Increasing research and advancements in desalination technology to promote wider adoption of water desalination systems. For instance, in September 2023, engineers from China worked in collaboration with the Massachusetts Institute of Technology (MIT) to develop a novel solar desalination device. This new system can transform saltwater into drinking water at a high rate.

The United States is Cooperating with Other Countries to Provide Water Scarcity Solutions

The United States water desalination equipment market is predicted to record a CAGR of 4.6% through 2033. Given below are the factors fueling the adoption rate of these systems in the country:

• Surging exports of advanced water desalination equipment to other countries lacking the system to help them deal with water-related issues. For instance, in July 2023, the purchase of a desalination plant by the Technological University of Uruguay (Utec) and Obras Sanitarias de Estado (OSE) to fight the water crisis. The authorities report that the unit is of high quality. It enhances the drinking water distribution system and extends production capacity to up to 3,00,000 liters of water.
• Rising research and innovation efforts to develop energy-efficient and cost-effective technology are leading toward the advancement of the market.

Germany Witnessing Development of Solar-powered Desalination Systems for Potable Water Applications

The water desalination equipment market in Germany is estimated to expand at a CAGR of 3.5% CAGR over the forecast period. Key factors that are propelling investments in water desalination equipment include:

• Increasing demand for water desalination tech powered by renewable energy in Germany. In January 2023, Boreal Light, a Berlin-based company, made a water desalination solution powered by PV for off-grid applications. The system turns seawater into clean water at a cost of € 0.50 (USD 0.54)/m3. The technology utilizes inputs like seawater, brackish water, wastewater, or surface area.
• Heightened governmental support to carry out research projects for the betterment of regions facing water scarcity. In June 2021, the German Federal Ministry of Education and Research (BMBF) launched an international research project to improve water security in the Persian Gulf.

Japan Taking Big Steps to Maintain the Flow of a Vital Lifeline

Japan's water desalination equipment market is expected to grow at a CAGR of 5.2% through 2033. Over the forecast period, the sales of water desalination equipment are predicted to grow due to the following factors:

• A rising number of innovators in Japan, particularly SMEs, have been developing cutting-edge technology for each stage of the water cycle. The latest technology turns ocean water into drinking water at a reduced expense and energy.
• Surging foreign investment to support countries facing water issues and economic pressure. For instance, in April 2023, Japan granted USD 5.3 million for the water desalination project in Jordan.

Category-wise Insights

Reverse Osmosis is the #1 Preference of Consumers

Leading Technology	Reverse Osmosis
Market Share 2023	45.6%

As per the study, reverse osmosis (RO) is the first choice of a considerable portion of end users. An ample number of factors support the surge in demand for reverse osmosis by water desalination equipment makers:

• High demand in militant environments since reverse osmosis systems remove water pollutants like fluoride, lead, pesticides, arsenic, pharmaceuticals, etc.
• Capacity to improve productivity and safety of drinking water.
• Affordability of RO systems led by economies of scale and technological advances, boosting its preference.
• High versatility of RO systems to desalinate a range of water sources, such as brackish water, seawater, and wastewater.

Adoption of Water Desalination Equipment in the Municipal Sector Due to the Upsurge in Water Pollution

Leading Application	Municipal
Market Share 2023	71.2%

The municipal sector accounts for a share of 71.2% of the global market. The rising strain on water resources, owing to the ever-increasing global population, is predicted to lead to high adoption of water desalination equipment.

Apart from this, the municipal water systems are experiencing additional pressure as an increasing number of people move to cities. As water pollution keeps increasing due to soaring industrial activities, the demand for water desalination equipment is also predicted to increase.

Competitive Landscape in the Water Desalination Equipment Market

Competitive players in the water desalination market are increasing acquisition and expansion activities to improve their supply chain. In addition, manufacturers are innovating advanced technology-driven equipment to boost the attractiveness of their offerings.

Supportive government policies are backing the market participants’ initiatives for better production capacities and larger market reach. As new players enter the market, the competitive landscape is predicted to become intense over the years.

Key Developments Observed in Water Desalination Equipment Market

• In July 2021, IDE Water Technologies chose DuPont for the distribution of SWRO membrane elements, such as SWRO membranes, to the Sorek B desalination plant in Israel. The company’s membranes are planned to be deployed in a new project due to their versatility and ease of manufacturing.
• In October 2023, MIT engineers developed a compact and low-cost desalination device that can facilitate states enduring water deficits to procure drinkable water. The device makes seawater into drinking water by utilizing solar energy.
• In March 2023, the seawater desalination plant in Qingdao is examined for equipment safety and productivity. By establishing a large-scale seawater desalination base and linking desalinated water to the municipal pipeline network, water resources in the city have been effectively supplemented.

Competitors in the Water Desalination Equipment Market

• Doosan Enerbility Co Ltd
• SUEZ SA
• Abengoa
• Acciona SA
• Webuild SpA
• Veolia Environnement SA
• Guangzhou KangYang Seawater Desalination Equipment Co., Ltd
• Ferrovial
• Koch Separation Solutions
• Biwater
• IDE Technologies
• Xylem Inc.
• Aquatech International LLC
• Advanced Watertek
• Genesis Water Technologies

Scope of the Water Desalination Equipment Market Report

Attribute	Details
Estimated Market Size (2023)	USD 9,924.1 million
Projected Market Valuation (2033)	USD 22,645.8 million
Value-based CAGR (2023 to 2033)	8.6%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value (USD million)
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia; and Pacific; and Middle East & Africa
Key Market Segments Covered	By Technology, By Application, and By Region
Key Companies Profiled	Doosan Enerbility Co Ltd; SUEZ SA; Abengoa; Acciona SA; Webuild SpA; Veolia Environnement SA; Guangzhou KangYang Seawater Desalination Equipment Co., Ltd; Ferrovial; Koch Separation Solutions; Biwater; IDE Technologies; Xylem Inc.; Aquatech International LLC; Advanced Watertek; Genesis Water Technologies
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Water Desalination Equipment Market Segmentation

By Technology:

• Reverse Osmosis
• Nanofiltration
• Multi-stage Flash
• Electrodialysis
• Vapour Compression
• Multi-effect Distillation
• Others

By Application:

• Municipal
• Industrial
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

Frequently Asked Questions

How Big is the Water Desalination Equipment Market?

The water desalination equipment market value is USD 9,924.1 million in 2023.

What is the Growth Potential of the Water Desalination Equipment Market?

The market is expected to expand at a CAGR of 8.6% through 2033.

What is the Future of the Water Desalination Equipment Industry?

The water desalination equipment market is anticipated to account for USD 22,645.8 million by 2033.

Which Country is Predicted to Invest Heavily in Water Desalination Equipment?

India is predicted to make significant investments in water desalination equipment.

Which Technology is High in Demand for Water Desalination Systems?

Reverse osmosis is a highly preferable technology for water desalination systems.