Canada Water Desalination Equipment Market Size & Outlook
Canada water desalination equipment market, 2018-2030 (US$M)
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Canada water desalination equipment market highlights
- The Canada water desalination equipment market generated a revenue of USD 201.1 million in 2023 and is expected to reach USD 370.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.1% from 2024 to 2030.
- In terms of segment, seawater was the largest revenue generating source in 2023.
- Seawater 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 201.1 million |
| Market revenue in 2030 | USD 370.2 million |
| Growth rate | 9.1% (CAGR from 2023 to 2030) |
| Largest segment | Seawater |
| Fastest growing segment | Seawater |
| 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, Canada accounted for 0.5% 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 North America, U.S. water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,387.5 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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Canada 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 47.49% in 2023. Horizon Databook has segmented the Canada water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
The North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, which are substantial and complex economic systems.
Increasing investments in chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment services over the forecast period.
According to the International Desalination Association (IDA), the penetration of the desalination process in industrial applications is witnessing significant growth through brine injection and nanofiltration of seawater for increasing the efficiency of oil extraction from reservoirs.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada water desalination equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada water desalination equipment market size, by source, 2018-2030 (US$M)
Canada Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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