Water Desalination Equipment Market: Upcoming Demands & Growth Analysis 2028
A recent market intelligence report that is published by Data Insights Partner on the global Water Desalination Equipment Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Water Desalination Equipment Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global Water Desalination Equipment Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Water Desalination Equipment Market is offered. In accordance with the report, the global Water Desalination Equipment Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
Definition
Desalination is the process by which mineral components are taken away from saltish water. Basically, the process of extraction of minerals and salts from water is called desalination. Water desalination is done to process saltwater and make it befitting for human consumption. Desalinated water can be consumed as a substitute for fresh water. The various methods by which saline water is desalinated include solar distillation, natural evaporation, vacuum distillation and many more. These various methods come close to be identified as water desalination equipment.
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Market Drivers
The exhaustion of the available reserves of freshwater and the soaring paucity of water is the primary drive behind the water desalination equipment market. The scarcity of adequate water sources like lakes, rivers and many more in some of the arid regions is necessary to overcome. Acute freshwater shortage can also be attributed to the changing weather patterns and deforestation.
The rapid growth of population enhances water demand as well as water scarcity. Growing population around the globe is enhancing the demand for water to maintain the day-to-day life. However, with the growth of population, the housing needs are rising causing deforestation and consequent shortage of water.
Industrialization at a meteoric speed is also elevating the demand for water. Numerous varieties of manufacturing, production and industrial processes call for ample supply of water. Various sectors like agricultural sector, oil and gas sector, food and beverage segment requires water for processing. The industrial demand for water is providing impetus to the growth of this market.
The growth of desalination facilities on a worldwide basis coupled with the rapidly advancing technologies for water desalination is fueling the growth of this market.
The skyrocketing demand for freshwater around the globe must be satisfied because water is one of the basic necessities of life. The Earth has vast oceans, the water of which could be utilized to meet the human needs. The processing of the salty ocean water to satiate the human need is empowering the growth of the water desalination equipment market.
Market Restraints
- The immoderate cost of water desalination equipment’s along with the complex water desalination methods and procedure is straining this market.
- The vulnerability of various water desalination processes and their dependence on energy are stumbling blocks of the water desalination market.
Opportunities
The government incentives play a significant role in the growth of this market. Firstly, the governments of different nations are providing incentives and subsidies for the development of water desalination equipment market. Secondly, it is considering the adoption of PPP that is Public-private Partnership model in order to achieve operational efficiency.
The acute shortage of freshwater and the soaring demand for water is likely to provide lucrative opportunities to the water desalination equipment market.
Research and development in the field of water desalination equipment to improve product portfolio is likely to be a bankable opportunity.
Trends
At present, the Middle East and Africa regions has a dominant share of water desalination equipment market in terms of revenue. The cause of this can be traced beck to the rapid adoption of water desalination equipment, the acute shortage of water and the significant demand for fresh water. The rapidly increasing population, increasing per-head consumption of water, and rising tourism is expected to fuel the growth of the market in the Middle East and Africa in the forecast period. Asia-Pacific is also projected to showcase major growth of water desalination equipment market owing to rapid economic development, rapid population growth, industrialization, agricultural development and climate change. The surge in the exploring activities in the context of growing oil and gas sector, rising population and its consequent demand for freshwater will propel the growth of North America market in the near future.
Segment Covered:
This market intelligence report on the global Water Desalination Equipment Market encompasses market segments based on technology, source, application and country.
By Technology the global Water Desalination Equipment Market has been divided into:
q Multi-effect Distillation
q Multi-Stage Flash Distillation
q Reverse Osmosis
q Nanofiltration
q Electrodialysis
q Others
By Source the global Water Desalination Equipment Market has been divided into:
q River water
q Brackish Water
q Seawater
q Others
By Application the global Water Desalination Equipment Market has been divided into:
q Residential
q Industrial
q Municipal
q Others
By country/region, the global Water Desalination Equipment Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
q SUEZ
q Veolia
q Doosan Heavy Industries and Construction
q Acciona S.A.
q Xylem
q Aquatech International LLC
q Biwater Holdings Limited
q Genesis Water Technologies
q IDE Technologies
q Abengoa
q Parker-Hannifin
q Solenis
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as Water Desalination Equipment Market related investment & spending and developments by major players of the market are tracked in this global report.
Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Few Recent Developments
SUEZ
In September 2017, SUEZ acquired the General Electric’s GE Water & Process Technologies Division. The latter was a dominant supplier of water desalination equipment and chemicals in North America.
Solenis
Solenis is a dominant player in the industrial water treatment chemical market. in January 2019, it has merged with BASF’s paper wet end and water chemical business. This merging is assumed to expand Solenis’s market share for water treatment.
Parker-Hannifin
By early 2017, Parker-Hannifin acquired a group of business that was operated by CLARCOR. Dominick Hunter Process Filtration Division and Parker Village Marine division are some of the products of Parker-Hannifin, a significant player in the water treatment market.
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Salient Features:
Ø This study offers comprehensive yet detailed analysis of the Water Desalination Equipment Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world Water Desalination Equipment Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for Water Desalination Equipment caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for Water Desalination Equipment Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the Çayyolu escort purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
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