Global Renewable Energy Powered Water Desalination Systems Market is Segmented By Technology Type (Reverse Osmosis (RO) Systems, Industrial Water Desalination, Multi-Effect Distillation (MED) Systems, Remote/Off-grid Communities, Others ), By Application (Municipal Water Desalination, Industrial Sector (Oil and Gas, Power Generation, Manufacturing, etc.), Agriculture/Farming, Residential Sector, Disaster Relief, Others), By End-User (Government and Municipalities, Industrial Sector (Oil and Gas, Power Generation, Manufacturing, etc.), Agriculture and Farming Sector, Residential Sector, Military and Defense, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024 - 2031
Renewable Energy Powered Water Desalination Systems Market Size
Global renewable energy powered water desalination systems market reached USD 2.3 billion in 2022 and is expected to reach USD 4.9 bllion by 2030, growing with a CAGR of 9.9% during the forecast period 2023-2030. Global water shortage is a problem and freshwater use is on the rise.
Desalination systems fueled by renewable energy provide a sustainable way to meet water demands, particularly in water-scarce regions, isolated locations and off-grid communities. Two-thirds of humanity are still affected by the severe global problem of water scarcity. Many areas, particularly in the developing world, experience a lack of reliable electricity in addition to a lack of water. Water desalination systems that use renewable energy to create freshwater from saltwater or brackish water are receiving more attention as a solution to these problems.
For instance, in February 2020, For every square metre of solar collecting area, a desalination system powered entirely by passive solar energy created by MIT and Chinese researchers could produce more than 1.5 liters of fresh drinking water each hour. Such technologies might provide an effective, affordable water source for remote, arid coastal areas. The system employs a vertical array of many layers of flat solar evaporators and condensers that are capped with translucent aerogel insulation. Therefore, China accounted for nearby half of the regional shares and is expected to grow at a highest CAGR during the forecasted period.
Renewable Energy Powered Water Desalination Systems Market Scope
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Metrics |
Details |
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CAGR |
9.9% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Technology Type, Application, End-User and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
North America |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Equipment Technology Type Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Renewable Energy Powered Water Desalination Systems Market Dynamics
Accelerating Adoption of Solar-Powered Desalination Systems Fuels Global Growth
Recent years have seen a sharp decline in the price of solar-powered desalination systems as a result of improvements in solar technology, increased system efficiency and economies of scale. Due to the cost reduction, solar-powered desalination is now more appealing and economically feasible for both small and large-scale applications. As a result, more initiatives and financial resources are being focused on solar-powered desalination, fueling industry expansion.
For instance, In order to produce electricity and run a desalination plant, the Noor Power Plant in Morocco uses a concentrated solar power (CSP) system. The project uses solar energy and desalination to supply affordable drinking water to nearby people while reducing dependency on conventional energy sources.
Technological Advancements and Environmental Sustainability
The efficiency, dependability and cost-effectiveness of desalination systems powered by renewable energy have all improved because to ongoing research and development efforts. Such systems are becoming increasingly appealing and practical for a variety of applications because to these advances. Innovation, increased system effectiveness and a decrease in operating difficulties like salt buildup or fouling are all being fueled by ongoing research and development in solar desalination systems. These developments are increasing the dependability, effectiveness and cost-effectiveness of solar-powered desalination systems, driving the market's expansion.
In 2020, A solar desalination device has been developed by MIT and Chinese researchers that eliminates the issue of salt accumulation, making it more effective and affordable than prior processes. Such technological advancements promote greater usage and fuel market growth.
High Initial Capital Costs
Potential investors and organizations with low financial means may be put off by the significant up-front cost necessary to develop desalination systems driven by renewable energy. For many stakeholders, the cost of desalination equipment combined with the significant capital investment required to purchase and install solar panels, wind turbines or other renewable energy infrastructure, can be prohibitive.
Renewable Energy Powered Water Desalination Systems Market Segment Analysis
The global renewable energy powered water desalination systems market is segmented based on technology type, application, end-user and region.
High Desalination Efficiency Drives the Growgth of the Global Market
Seawater or brackish water can be effectively desalinated using RO systems, which have a high desalination efficiency. Compared to other desalination processes, its efficiency assures a larger supply of fresh water, making it a desirable option for desalination systems driven by renewable energy. Therefore, reverse osmosis (ro) systems holds the majority of the total global segmental share.
In March 2023, a variety of renewable energy sources, including solar, wind and wave energy, will be used to power the proposed desalination facility. Reverse osmosis (RO) technology will be installed at the facility to desalinate seawater to produce drinkable water. The plant will be built by the NIOT on an island with a significant potential for producing renewable energy. A green and self-powered desalination plant has begun construction in Lakshadweep by the National Agency of Ocean Technology (NIOT), an independent agency under the Union Ministry of Earth Sciences (MoES).
Source: DataM Intelligence Analysis (2023)
Renewable Energy Powered Water Desalination Systems Market Geographical Share
Established Industrial Base Drives the North American Renewable Energy Powered Water Desalination Systems Market
The oil and gas industry in North America has recognized the potential of solar-powered desalination systems to address wastewater challenges effectively. Recent years have witnessed a substantial increase in the adoption of these systems as a sustainable and cost-effective solution for purifying water with high salt content.
Recent developments have led to significant advancements in solar-powered desalination technologies, enhancing their efficiency and performance. Innovations in photovoltaic panels, solar collectors and energy storage systems have made these solutions more reliable, allowing for greater water purification capacities and improved overall system efficiency. Therefore, the North America dominates the global renewable energy powered water desalination systems with significant global market share.
Source: DataM Intelligence Analysis (2023)
Renewable Energy Powered Water Desalination Systems Market Companies
The major global players include Abengoa Water, Acciona S.A., Doosan Heavy Industries & Construction Co., Ltd., Suez Water Technologies & Solutions, Aquatech International LLC, Hyflux Ltd., Veolia Water Technologies, General Electric Company, Fisia Italimpianti S.p.A. and Xylem Inc.
COVID-19 Impact Analysis
The pandemic drove home the value of resilient infrastructure, which includes dependable access to clean water. Governments and organizations are investing in sustainable water solutions, such as desalination systems that are powered by renewable energy, as a result of the increased focus on resilience. The epidemic highlighted the importance of good hygiene habits, which demand for having access to clean water. Desalination systems fueled by renewable energy sources can be extremely important in supplying clean, sustainable water supplies for sanitation and hygiene needs.
Russia- Ukraine War Impact
Conflicts and geopolitical tensions can amplify market uncertainty, resulting in erratic trade activity. The market for water desalination systems driven by renewable energy sources may experience slower growth as a result of this uncertainty, which can also damage investor confidence.
Energy security in the impacted areas and surrounding nations may come under scrutiny as a result of the conflict. This could result in a change in focus towards securing reliable energy supplies, including the investigation of alternate solutions such desalination systems driven by renewable energy. Thus, there might be a rise in interest in these systems as a way to increase energy independence and reduce the dangers related to conventional energy sources.
Scope
Key Developments
- In June 2023, First Integrated Water Desalination - Solar PV Project in Saudi Arabia is launched by ACWA Power Jazlah includes a 45.5 MW solar PV power generation facility that will supply clean water to over three million people at a cost of 0.41 USD/m3 and account for 20% of the plant's energy consumption.
- In September 2020, With assistance from the Dubai Future Accelerators programme, Dutch entrepreneur Desolenator will build a solar-powered, carbon-neutral water purifying and desalination system. The Dubai Electricity and Water Authority (Dewa) declared that it has entered into a collaboration arrangement with the Dutch start-up water purification company Desolenator BV.
- On July 27, 2022, The largest solar photovoltaic (PV) system in Oman will be built by Total Energies and Veolia in the city of Sur and it will provide energy for a desalination plant. The Sharqiyah Desalination Plant, a well-known facility in Oman and the Gulf area that provides drinking water to more than 600,000 Sharqiyah residents, will be the site of the new power plant.
Why Purchase the Report?
- To visualize the global renewable energy powered water desalination systems market segmentation based on technology type, application, end-user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of renewable energy powered water desalination systems market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global renewable energy powered water desalination systems market report would provide approximately 61 tables, 64 figures and 202 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
