Asia Pacific Water Desalination Equipment Market Size & Outlook
Asia Pacific water desalination equipment market, 2018-2030 (US$M)
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Asia Pacific water desalination equipment market highlights
- The Asia Pacific water desalination equipment market generated a revenue of USD 8,608.1 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, seawater was the largest revenue generating source in 2023.
- Brackish water is the most lucrative source segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 8,608.1 million |
| Market revenue in 2030 | USD 17,749.0 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Seawater |
| Fastest growing segment | Brackish water |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Seawater, Brackish water, River water |
| Key market players worldwide | Acciona SA, Doosan Fuel Cell Ordinary Shares, Veolia Environnement SA, SUEZ Environnement, Xylem Inc, IDE Technologies, Aquatics International, Biwater, Genesis Water Technologies, Guangzhou KangYang Seawater Desalination Equipment Co. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.7% of the global water desalination equipment market in 2023.
- Globally, MEA 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 17,749.0 million by 2030.
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Water Desalination Equipment Market Scope
Water Desalination Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific water desalination equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to water desalination equipment market will help companies and investors design strategic landscapes.
Seawater was the largest segment with a revenue share of 62% in 2023. Horizon Databook has segmented the Asia Pacific water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report by the International Monetary Fund (IMF) on the Asia and Pacific regional economic outlook published in October 2019, Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. The growth rate in Asia was around 5% in 2019, whereas the rate is projected to be 5.1% in 2020.
Factors such as the deepening U.S. China trade tensions and the regional tensions such as the bilateral relationship of South Korea and Japan are anticipated to have a negative impact the overall economic growth of the region.
Furthermore, rising geopolitical risks coupled with increasing incidences of natural disasters such as the Australian wildfires are expected to negatively affect the region's economic growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific water desalination equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific water desalination equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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