Australia Water Desalination Equipment Market Size & Outlook
Australia water desalination equipment market, 2018-2030 (US$M)
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Australia water desalination equipment market highlights
- The Australia water desalination equipment market generated a revenue of USD 1,382.4 million in 2023 and is expected to reach USD 3,025.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 11.8% 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.
Water desalination equipment market data book summary
| Market revenue in 2023 | USD 1,382.4 million |
| Market revenue in 2030 | USD 3,025.7 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Seawater |
| Fastest growing segment | Brackish water |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 3.6% of the global water desalination equipment market in 2023.
- Country-wise, Saudi Arabia is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,025.7 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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Australia 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 80.24% in 2023. Horizon Databook has segmented the Australia water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is one of the major developed countries in the Asia Pacific region. According to the Reserve Bank of Australia, the GDP growth rate in Australia is expected to be 2.75% in 2020 and is anticipated to increase to 3% in 2021.
However, the economic growth in the country is likely to be affected by several factors including the recent bushfires, ongoing drought, and the effects of the recent outbreak of the novel coronavirus disease in China as well as globally.
This outbreak is anticipated to have a short to medium impact, especially on the exports from the country. Australia is one of the driest continents in the world and is currently facing severe drought conditions and extreme water crisis in several parts of the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia water desalination equipment market , including forecasts for subscribers. This country databook contains high-level insights into Australia water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia water desalination equipment market size, by source, 2018-2030 (US$M)
Australia Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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