Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Water Desalination Equipment Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Water
Desalination Equipment Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Water Desalination Equipment Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Water
Desalination Equipment Market is offered. In
accordance with the report, the global Water Desalination Equipment Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints,
Opportunity & Trends of the Market:
Definition
Desalination
is the process by which mineral components are taken away from saltish water.
Basically, the process of extraction of minerals and salts from water is called
desalination. Water desalination is done to process saltwater and make it
befitting for human consumption. Desalinated water can be consumed as a
substitute for fresh water. The various methods by which saline water is
desalinated include solar distillation, natural evaporation, vacuum
distillation and many more. These various methods come close to be identified
as water desalination equipment.
Market Drivers
The
exhaustion of the available reserves of freshwater and the soaring paucity of
water is the primary drive behind the water desalination equipment market. The
scarcity of adequate water sources like lakes, rivers and many more in some of
the arid regions is necessary to overcome. Acute freshwater shortage can also
be attributed to the changing weather patterns and deforestation.
The rapid
growth of population enhances water demand as well as water scarcity. Growing
population around the globe is enhancing the demand for water to maintain the
day-to-day life. However, with the growth of population, the housing needs are
rising causing deforestation and consequent shortage of water.
Industrialization
at a meteoric speed is also elevating the demand for water. Numerous varieties
of manufacturing, production and industrial processes call for ample supply of
water. Various sectors like agricultural sector, oil and gas sector, food and
beverage segment requires water for processing. The industrial demand for water
is providing impetus to the growth of this market.
The
growth of desalination facilities on a worldwide basis coupled with the rapidly
advancing technologies for water desalination is fueling the growth of this
market.
The
skyrocketing demand for freshwater around the globe must be satisfied because
water is one of the basic necessities of life. The Earth has vast oceans, the
water of which could be utilized to meet the human needs. The processing of the
salty ocean water to satiate the human need is empowering the growth of the
water desalination equipment market.
Market Restraints
The
immoderate cost of water desalination equipment’s along with the complex water
desalination methods and procedure is straining this market.
The
vulnerability of various water desalination processes and their dependence on
energy are stumbling blocks of the water desalination market.
Opportunities
The
government incentives play a significant role in the growth of this market.
Firstly, the governments of different nations are providing incentives and
subsidies for the development of water desalination equipment market. Secondly,
it is considering the adoption of PPP that is Public-private Partnership model
in order to achieve operational efficiency.
The
acute shortage of freshwater and the soaring demand for water is likely to
provide lucrative opportunities to the water desalination equipment market.
Research
and development in the field of water desalination equipment to improve product
portfolio is likely to be a bankable opportunity.
Trends
At
present, the Middle East and Africa regions has a dominant share of water
desalination equipment market in terms of revenue. The cause of this can be
traced beck to the rapid adoption of water desalination equipment, the acute
shortage of water and the significant demand for fresh water. The rapidly
increasing population, increasing per-head consumption of water, and rising tourism
is expected to fuel the growth of the market in the Middle East and Africa in
the forecast period. Asia-Pacific is also projected to showcase major growth of
water desalination equipment market owing to rapid economic development, rapid
population growth, industrialization, agricultural development and climate
change. The surge in the exploring activities in the context of growing oil and
gas sector, rising population and its consequent demand for freshwater will
propel the growth of North America market in the near future.
Segment Covered:
This market
intelligence report on the global Water Desalination Equipment Market encompasses market segments based on technology, source,
application and country.
By Technology
the global Water Desalination Equipment Market has been divided into:
q Multi-effect Distillation
q Multi-Stage Flash Distillation
q Reverse Osmosis
q Nanofiltration
q Electrodialysis
q Others
By Source the global Water
Desalination Equipment Market has been divided into:
q River
water
q Brackish Water
q Seawater
q Others
By Application
the global Water Desalination Equipment Market has been divided into:
q Residential
q Industrial
q Municipal
q Others
By country/region,
the global Water Desalination Equipment Market has been divided into:
q North
America (the U.S., Canada),
q Latin
America (Brazil, Mexico, Argentina and other countries),
q Europe
(Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia
Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle
East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
q SUEZ
q Veolia
q Doosan
Heavy Industries and Construction
q Acciona
S.A.
q Xylem
q Aquatech
International LLC
q Biwater
Holdings Limited
q Genesis Water Technologies
q IDE Technologies
q Abengoa
q Parker-Hannifin
q Solenis
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Water Desalination Equipment Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Few Recent Developments
SUEZ
In September
2017, SUEZ acquired the General Electric’s GE Water & Process Technologies
Division. The latter was a dominant supplier of water desalination equipment
and chemicals in North America.
Solenis
Solenis is a
dominant player in the industrial water treatment chemical market. in January
2019, it has merged with BASF’s paper wet end and water chemical business. This
merging is assumed to expand Solenis’s market share for water treatment.
Parker-Hannifin
By early 2017,
Parker-Hannifin acquired a group of business that was operated by CLARCOR.
Dominick Hunter Process Filtration Division and Parker Village Marine division
are some of the products of Parker-Hannifin, a significant player in the water
treatment market.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Water
Desalination Equipment Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Water Desalination Equipment Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Water Desalination Equipment caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Water
Desalination Equipment Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Water Desalination Equipment Market
v
Identification
of key factors driving investment opportunities in the Water
Desalination Equipment Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants