Norway Water And Wastewater Treatment Equipment Market Size & Outlook
Norway water and wastewater treatment equipment market, 2018-2030 (US$M)
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Norway water and wastewater treatment equipment market highlights
- The Norway water and wastewater treatment equipment market generated a revenue of USD 1.3 billion in 2023 and is expected to reach USD 1.7 billion by 2030.
- The Norway market is expected to grow at a CAGR of 3.8% 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.
Water and wastewater treatment equipment market data book summary
| Market revenue in 2023 | USD 1.3 billion |
| Market revenue in 2030 | USD 1.7 billion |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Municipal |
| Fastest growing segment | Industrial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Norway accounted for 2.0% of the global water and wastewater treatment equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany water and wastewater treatment equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2.8 billion by 2030.
Municipal was the largest segment with a revenue share of 69.23% in 2023. Horizon Databook has segmented the Norway water and wastewater treatment equipment market based on municipal, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Rising awareness about water pollution and associated environmental concerns globally as well as in the country has resulted in boosting technological advancements in wastewater treatment along with augmenting the number of wastewater treatment plants.
These aforementioned factors will drive the demand for the water and wastewater treatment equipment market over the forecast period. According to Statistics Norway, in this country, there were 2,714 sewage treatment facilities with a 50- person equivalent (pe) or higher capacity in 2017.
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Water And Wastewater Treatment Equipment Market Scope
Water And Wastewater Treatment Equipment Market Companies
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Norway water and wastewater treatment equipment market size, by application, 2018-2030 (US$M)
Norway Water And Wastewater Treatment Equipment Market Outlook Share, 2023 & 2030 (US$M)
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