North America Water Desalination Equipment Market Size & Outlook
The water desalination equipment market in North America is expected to reach a projected revenue of US$ 9,378.8 million by 2030. A compound annual growth rate of 10.5% is expected of North America water desalination equipment market from 2024 to 2030.
North America water desalination equipment market highlights
The North America water desalination equipment market generated a revenue of USD 4,670.5 million in 2023.
The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
In terms of segment, brackish water 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 4,670.5 million
Market revenue in 2030
USD 9,378.8 million
Growth rate
10.5% (CAGR from 2023 to 2030)
Largest segment
Brackish water
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, North America region accounted for 12.3% 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 North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, which are substantial and complex economic systems.
Increasing investments in chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment services over the forecast period.
According to the International Desalination Association (IDA), the penetration of the desalination process in industrial applications is witnessing significant growth through brine injection and nanofiltration of seawater for increasing the efficiency of oil extraction from reservoirs.
North America 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.
Brackish Water was the largest segment with a revenue share of 45.98% in 2023.
Horizon Databook has segmented the North America water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
The North American economy is the largest and most influential globally. It is witnessing significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada, which are substantial and complex economic systems.
Increasing investments in chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for water treatment services over the forecast period.
According to the International Desalination Association (IDA), the penetration of the desalination process in industrial applications is witnessing significant growth through brine injection and nanofiltration of seawater for increasing the efficiency of oil extraction from reservoirs.
North America Water Desalination Equipment Market Source Outlook (Revenue, USD Million , 2021-2033)
Seawater
Brackish water
River water
Other
North America Water Desalination Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
Reverse Osmosis
Multi-stage flash (MSF) distillation
Multi-effect distillation (MED)
Other
North America Water Desalination Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
Municipal
Industrial
Other
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Water Desalination Equipment Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Water Desalination Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
North America Water Desalination Equipment Market, 2021-2033 (US$M)