Water Desalination Equipment Market Drivers, Restraints, Merger, Acquisition, SWOT Analysis, PESTELE Analysis and Business Opportunities by 2028
The global water desalination equipment market size is expected to reach USD 34.95 Billion in 2028 and register a CAGR of 8.9% d the forecast period, according to the latest report by Reports and Data. Some key factors driving rapid global water desalination equipment market revenue growth include increasing scarcity of water in countries across the globe, declining freshwater and groundwater, and high cost of transporting fresh water from distant sources to lean areas.
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Some Key Highlights From the Report
- Municipal segment is expected to account for a robust revenue share in the global water desalination equipment market over the forecast period. Decline in cost of process due to the technological advancements is a key factor driving increasing demand for water desalination equipment among municipalities.
- The water desalination equipment market in Middle East & Africa is expected to account for largest revenue share over the forecast period, attributed to increasing population in many water-stressed areas in the region. Countries in the Middle East are increasingly adopting desalination of sea water in order to obtain high-quality fresh water for human consumption.
- Major players in the market include Acciona, S.A., Veolia Environnement S.A., SUEZ, IDE Technologies, Abengoa, S.A., Ferrovial, S.A., Doosan Heavy Industries & Construction, BIWATER HOLDINGS LIMITED, Xylem Inc., and Aquatech International LLC.
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For the purpose of this report, Reports and Data has segmented the global water desalination equipment market based on source, technology, application, and region:
Source Outlook (Revenue, USD Billion; 2018-2028)
- Brackish Water
- Seawater
- River Water
- Others
Technology Outlook (Revenue, USD Billion; 2018-2028)
- Multi-Stage Flash (MSF) Distillation
- Reverse Osmosis
- Multi-Effect Distillation (MED)
- Others
Application Outlook (Revenue, USD Billion; 2018-2028)
- Industrial
- Municipal
- Others
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/water-desalination-equipment-market
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