Market revenue in 2023 | USD 3,612.2 million |
Market revenue in 2030 | USD 6,621.1 million |
Growth rate | 9% (CAGR from 2023 to 2030) |
Largest segment | Brackish water |
Fastest growing segment | Brackish water |
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. |
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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 50.85% in 2023. Horizon Databook has segmented the U.S. 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 International Monetary Fund (IMF), the U.S. economy represents around 20% of the total global output. The U.S. economy features a technologically advanced and highly developed service sector, which accounts for approximately 80% of its output.
The U.S. passed a new Public-Private Partnership (PPP) law to promote investments, in terms of upgrade and new establishment of water purification plants and desalination facilities, on a domestic level. This favorable initiative to promote investments in water treatment industry on a domestic level is expected to have a positive impact on market growth over the forecast period.
The current desalination facilities in the country mostly treat brackish water. However, the decreasing production cost of seawater desalination and rising investments in water infrastructure sector are expected to boost the demand for seawater desalination equipment over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. water desalination equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. water desalination equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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