Saudi Arabia Water Desalination Equipment Market Size & Outlook
Saudi Arabia water desalination equipment market, 2018-2030 (US$M)
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Saudi Arabia water desalination equipment market highlights
- The Saudi Arabia water desalination equipment market generated a revenue of USD 5,765.9 million in 2023 and is expected to reach USD 11,477.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.3% 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 5,765.9 million |
| Market revenue in 2030 | USD 11,477.9 million |
| Growth rate | 10.3% (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, Saudi Arabia accounted for 15.2% 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 Middle East & Africa, Saudi Arabia water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
- Qatar is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,925.6 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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Saudi Arabia 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 61.22% in 2023. Horizon Databook has segmented the Saudi Arabia water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government in the country. The International Monetary Fund (IMF), in October 2019, predicted the economic growth rate of Saudi Arabia to be 2.2% in 2020
Saudi Arabia is located in one of the areas having extremely high temperatures in the world. The country is listed under the absolute water scarcity category owing to the limited availability of natural resources. The demand for water is growing rapidly in Saudi Arabia. Growth of water desalination equipment treatment market in the country is, therefore, expected to be boosted by the rapid increase in the demand for potable water.
Saudi Arabia is heavily dependent on desalinated water as a primary source of potable water to meet the rising requirement. In addition, favorable regulations adopted by the national government to increase investments in water & water treatment sector in the country are expected to favor the growth of water desalination equipment market in the coming years.
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Our clientele includes a mix of water desalination equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia water desalination equipment market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia water desalination equipment market size, by source, 2018-2030 (US$M)
Saudi Arabia Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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