Middle East & Africa Water Desalination Equipment Market Size & Outlook
The water desalination equipment market in Middle East & Africa is expected to reach a projected revenue of US$ 35,888.2 million by 2030. A compound annual growth rate of 9.6% is expected of Middle East & Africa water desalination equipment market from 2024 to 2030.
MEA water desalination equipment market highlights
The MEA water desalination equipment market generated a revenue of USD 18,914.5 million in 2023.
The market is expected to grow at a CAGR of 9.6% 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.
Country-wise, Qatar is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
Market revenue in 2023
USD 18,914.5 million
Market revenue in 2030
USD 35,888.2 million
Growth rate
9.6% (CAGR from 2023 to 2030)
Largest segment
Seawater
Fastest growing segment
Seawater
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, MEA region accounted for 49.8% 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.
The Middle East & Africa is characterized by several developing as well as underdeveloped countries. Some of the major countries in the region include Saudi Arabia, the UAE, Qatar, Oman, Egypt, and South Africa. The Middle East & Africa accounted for the highest market share in the global water desalination equipment market in 2019.
The major reason being the scarcity of water resources in this region, which is likely to create a strong demand for water desalination equipment over the forecast period. Mitigating measures such as the installation of energy recovery devices (ERDs) and use of renewable energy for power plants are gaining popularity.
In addition, ongoing expansions in water desalination sector are further anticipated to fuel the market growth. For instance, in November 2019, Umm Al Houl Power Q.P.S.C. (UHP), a Qatar-based electric power and potable water developer, closed a financial deal to expand the Facility D integrated water and power plant (IWPP) located in Qatar.
Middle East & Africa 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 63.13% in 2023.
Horizon Databook has segmented the Middle East & Africa water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa is characterized by several developing as well as underdeveloped countries. Some of the major countries in the region include Saudi Arabia, the UAE, Qatar, Oman, Egypt, and South Africa. The Middle East & Africa accounted for the highest market share in the global water desalination equipment market in 2019.
The major reason being the scarcity of water resources in this region, which is likely to create a strong demand for water desalination equipment over the forecast period. Mitigating measures such as the installation of energy recovery devices (ERDs) and use of renewable energy for power plants are gaining popularity.
In addition, ongoing expansions in water desalination sector are further anticipated to fuel the market growth. For instance, in November 2019, Umm Al Houl Power Q.P.S.C. (UHP), a Qatar-based electric power and potable water developer, closed a financial deal to expand the Facility D integrated water and power plant (IWPP) located in Qatar.
Middle East & Africa Water Desalination Equipment Market Source Outlook (Revenue, USD Million , 2021-2033)
Seawater
Brackish water
River water
Other
Middle East & Africa Water Desalination Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
Reverse Osmosis
Multi-stage flash (MSF) distillation
Multi-effect distillation (MED)
Other
Middle East & Africa Water Desalination Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
Municipal
Industrial
Other
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Middle East Africa Water Desalination Equipment Market, 2021-2033 (US$M)