Latin America Water Desalination Equipment Market Size & Outlook
Latin America water desalination equipment market, 2018-2030 (US$M)
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Latin America water desalination equipment market highlights
- The Latin America water desalination equipment market generated a revenue of USD 2,013.7 million in 2023.
- The market is expected to grow at a CAGR of 10.5% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,013.7 million |
| Market revenue in 2030 | USD 4,056.3 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Seawater |
| Fastest growing segment | Seawater |
| 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, Latin America region accounted for 5.3% 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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Latin America 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 81.8% in 2023. Horizon Databook has segmented the Latin America water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
Most Central & South American countries with large current account deficits, including Brazil, Colombia, Argentina, and Venezuela, are reeling from the volatility in the regional market brought about by the BREXIT crisis.
A fall in investor confidence is expected to prevent oil prices from recovering, and this is anticipated to affect the overall exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
However, positive elements such as the implementation of monetary policy normalization efforts by the governments of various countries in the region to align domestic inflation are expected to save the regional market from complete deterioration.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America water desalination equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America water desalination equipment market size, by country, 2018-2030 (US$M)
Latin America Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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