Market revenue in 2023 | USD 4,670.5 million |
Market revenue in 2030 | USD 9,378.8 million |
Growth rate | 10.5% (CAGR from 2023 to 2030) |
Largest segment | Brackish water |
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. |
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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.
Brackish water was the largest segment with a revenue share of 45.98% in 2023. Horizon Databook has segmented the North America 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.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America water desalination equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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