North America Water And Wastewater Treatment Equipment Market Size & Outlook
North America water and wastewater treatment equipment market, 2018-2030 (US$M)
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North America water and wastewater treatment equipment market highlights
- The North America water and wastewater treatment equipment market generated a revenue of USD 10.3 billion in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, municipal was the largest revenue generating application in 2023.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 10.3 billion |
| Market revenue in 2030 | USD 12.9 billion |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Municipal |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Municipal, Industrial |
| Key market players worldwide | Xylem Inc, Pentair PLC, Evoqua Water Technologies, Ecolab Inc, DuPont de Nemours Inc, Calgon Carbon, Toshiba Corporation, Vivendi SE, Evonik Industries AG, Koch Industries, GE Aerospace, Aquatech, Ecologix Environmental Systems, Parkson Corporation, Lenntech B.V., SKion Water, SAMCO Technologies |
Other key industry trends
- In terms of revenue, North America region accounted for 15.6% of the global water and wastewater treatment equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 34.3 billion by 2030.
Municipal was the largest segment with a revenue share of 61.17% in 2023. Horizon Databook has segmented the North America water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
North America is characterized by substantial growth in the information technology (IT), construction, and mining sectors. The region includes the U.S., Mexico, and Canada, which are significant and complex economic systems. North America is the largest and most influential economy globally.
Increasing oil & gas exploration activities in the U.S. and Canada are expected to drive the demand for water and wastewater treatment equipment in the region. Several regulations, including the Clean Water Act, recommend that states in U.S. designate surface waters used for drinking water and set water quality standards.
Furthermore, the Safe Drinking Water Act (SDWA) mandates the safety of U.S. public drinking water supplies. Moreover, the U.S. EPA (Environmental Protection Agency) establishes national drinking water standards to protect against health risks while taking available technology and cost into account. Monitoring and reporting requirements are also included in each standard.
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Water And Wastewater Treatment Equipment Market Scope
Water And Wastewater Treatment Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America water and wastewater treatment equipment market size, by country, 2018-2030 (US$M)
North America Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
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