Saudi Arabia Water Desalination Equipment Market Size & Outlook
The water desalination equipment market in Saudi Arabia is expected to reach a projected revenue of US$ 11,477.9 million by 2030. A compound annual growth rate of 10.3% is expected of Saudi Arabia water desalination equipment market from 2024 to 2030.
Saudi Arabia water desalination equipment market highlights
The Saudi Arabia water desalination equipment market generated a revenue of USD 5,765.9 million in 2023 and is expected to reach USD 11,477.9 million by 2030.
The Saudi Arabia market is expected to grow at a CAGR of 10.3% 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.
Water desalination equipment market data book summary
Market revenue in 2023
USD 5,765.9 million
Market revenue in 2030
USD 11,477.9 million
Growth rate
10.3% (CAGR from 2023 to 2030)
Largest segment
Seawater
Fastest growing segment
Seawater
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.
Other key industry trends
In terms of revenue, Saudi Arabia accounted for 15.2% of the global water desalination equipment market in 2023.
Country-wise, Saudi Arabia is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, Saudi Arabia water desalination equipment market is projected to lead the regional market in terms of revenue in 2030.
Qatar is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,925.6 million by 2030.
Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government in the country. The International Monetary Fund (IMF), in October 2019, predicted the economic growth rate of Saudi Arabia to be 2.2% in 2020
Saudi Arabia is located in one of the areas having extremely high temperatures in the world. The country is listed under the absolute water scarcity category owing to the limited availability of natural resources. The demand for water is growing rapidly in Saudi Arabia. Growth of water desalination equipment treatment market in the country is, therefore, expected to be boosted by the rapid increase in the demand for potable water.
Saudi Arabia is heavily dependent on desalinated water as a primary source of potable water to meet the rising requirement. In addition, favorable regulations adopted by the national government to increase investments in water & water treatment sector in the country are expected to favor the growth of water desalination equipment market in the coming years.
Saudi Arabia 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 61.22% in 2023.
Horizon Databook has segmented the Saudi Arabia water desalination equipment market based on seawater, brackish water, river water covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is predominantly an oil-based economy with a majority of economic activities controlled by the government in the country. The International Monetary Fund (IMF), in October 2019, predicted the economic growth rate of Saudi Arabia to be 2.2% in 2020
Saudi Arabia is located in one of the areas having extremely high temperatures in the world. The country is listed under the absolute water scarcity category owing to the limited availability of natural resources. The demand for water is growing rapidly in Saudi Arabia. Growth of water desalination equipment treatment market in the country is, therefore, expected to be boosted by the rapid increase in the demand for potable water.
Saudi Arabia is heavily dependent on desalinated water as a primary source of potable water to meet the rising requirement. In addition, favorable regulations adopted by the national government to increase investments in water & water treatment sector in the country are expected to favor the growth of water desalination equipment market in the coming years.
Saudi Arabia Water Desalination Equipment Market Source Outlook (Revenue, USD Million , 2021-2033)
Seawater
Brackish water
River water
Other
Saudi Arabia Water Desalination Equipment Market Technology Outlook (Revenue, USD Million , 2021-2033)
Reverse Osmosis
Multi-stage flash (MSF) distillation
Multi-effect distillation (MED)
Other
Saudi Arabia 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 country-level data and insights on the Saudi Arabia Water Desalination Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Water Desalination Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Saudi Arabia Water Desalination Equipment Market, 2021-2033 (US$M)