Spain Water Desalination Equipment Market Size & Outlook
Spain water desalination equipment market, 2018-2030 (US$M)
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Spain water desalination equipment market highlights
- The Spain water desalination equipment market generated a revenue of USD 1,708.5 million in 2023 and is expected to reach USD 2,946.1 million by 2030.
- The Spain market is expected to grow at a CAGR of 8.1% 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 1,708.5 million |
| Market revenue in 2030 | USD 2,946.1 million |
| Growth rate | 8.1% (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, Spain accounted for 4.5% 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 Europe, Spain water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 1,048.7 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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Spain 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 60.44% in 2023. Horizon Databook has segmented the Spain water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
According to the European Commission, the GDP growth in Spain is estimated at around 1.6% in 2020, and around 1.5% in 2021. Tourism, aerospace & defense, automotive, and chemicals are some of the major sectors contributing to the country’s economy.
However, Spain is one of the majorly affected countries by the novel coronavirus in the European Union. This is anticipated to have a negative impact on the country’s economic growth. Spain is one of the water-stressed countries in the European region.
Rising concerns over water scarcity and rapidly growing demand for potable water are some of the major factors driving the water desalination equipment market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain water desalination equipment market , including forecasts for subscribers. This country databook contains high-level insights into Spain water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain water desalination equipment market size, by source, 2018-2030 (US$M)
Spain Water Desalination Equipment Market Outlook Share, 2023 & 2030 (US$M)
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