Asia Pacific Water Desalination Equipment Market Size & Outlook
The water desalination equipment market in Asia Pacific is expected to reach a projected revenue of US$ 17,749.0 million by 2030. A compound annual growth rate of 10.9% is expected of Asia Pacific water desalination equipment market from 2024 to 2030.
Asia Pacific water desalination equipment market highlights
The Asia Pacific water desalination equipment market generated a revenue of USD 8,608.1 million in 2023.
The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
In terms of segment, seawater was the largest revenue generating source in 2023.
Brackish water is the most lucrative source segment registering the fastest growth during the forecast period.
Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
Market revenue in 2023
USD 8,608.1 million
Market revenue in 2030
USD 17,749.0 million
Growth rate
10.9% (CAGR from 2023 to 2030)
Largest segment
Seawater
Fastest growing segment
Brackish water
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.
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 22.7% of the global water desalination equipment market in 2023.
Globally, MEA is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 17,749.0 million by 2030.
According to a report by the International Monetary Fund (IMF) on the Asia and Pacific regional economic outlook published in October 2019, Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. The growth rate in Asia was around 5% in 2019, whereas the rate is projected to be 5.1% in 2020.
Factors such as the deepening U.S. China trade tensions and the regional tensions such as the bilateral relationship of South Korea and Japan are anticipated to have a negative impact the overall economic growth of the region.
Furthermore, rising geopolitical risks coupled with increasing incidences of natural disasters such as the Australian wildfires are expected to negatively affect the region's economic growth.
Asia Pacific 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 Outlook will help companies and investors design strategic landscapes.
Seawater was the largest segment with a revenue share of 62.0% in 2023.
Horizon Databook has segmented the Asia Pacific 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 a report by the International Monetary Fund (IMF) on the Asia and Pacific regional economic outlook published in October 2019, Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. The growth rate in Asia was around 5% in 2019, whereas the rate is projected to be 5.1% in 2020.
Factors such as the deepening U.S. China trade tensions and the regional tensions such as the bilateral relationship of South Korea and Japan are anticipated to have a negative impact the overall economic growth of the region.
Furthermore, rising geopolitical risks coupled with increasing incidences of natural disasters such as the Australian wildfires are expected to negatively affect the region's economic growth.
Asia Pacific Water Desalination Equipment Market Source Outlook (Revenue, USD Million , 2021-2033)
Seawater
Brackish water
River water
Other
Asia Pacific Water Desalination Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
Reverse Osmosis
Multi-stage flash (MSF) distillation
Multi-effect distillation (MED)
Other
Asia Pacific Water Desalination Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
Municipal
Industrial
Other
Reasons to subscribe to Water Desalination Equipment Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Water Desalination Equipment Market Outlook databook
Our clientele includes a mix of Water Desalination Equipment Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Water Desalination Equipment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Water Desalination Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Asia Pacific Water Desalination Equipment Market, 2021-2033 (US$M)