Home | Technology News Search Engine:
|
|
|
Home: Technology News:
|
|
(IT-NEWSWIRE.COM, March 31, 2025 ) 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 2031, growing with a CAGR of 9.9% during the forecast period 2024-2031. Download Free Sample: https://www.datamintelligence.com/download-sample/renewable-energy-powered-water-desalination-systems-market
Market Dynamics Accelerating Adoption of Solar-Powered Desalination Systems Driving Global Growth
Advancements in solar technology, improved system efficiency, and economies of scale have significantly reduced the cost of solar-powered desalination systems in recent years. This cost reduction has made solar desalination more economically viable for both small and large-scale applications, driving increased investments and industry expansion.
A notable example is Morocco’s Noor Power Plant, which integrates a concentrated solar power (CSP) system to generate electricity and operate a desalination facility. By leveraging solar energy, the project provides affordable drinking water to local communities while reducing reliance on conventional energy sources. As more regions adopt similar sustainable solutions, solar-powered desalination is poised to play a crucial role in addressing global water scarcity challenges.
Market Segments • 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)
Read Our Report: https://www.datamintelligence.com/research-report/renewable-energy-powered-water-desalination-systems-market
Market Regional Share Established Industrial Base Driving North America's Renewable Energy-Powered Desalination Market North America's strong industrial base, particularly in the oil and gas sector, is fueling the adoption of solar-powered desalination systems as a sustainable solution for wastewater treatment. These systems offer a cost-effective way to purify high-salinity water, reducing environmental impact while ensuring water availability for industrial and municipal use.
Recent technological advancements have significantly improved the efficiency of solar-powered desalination. Innovations in photovoltaic panels, solar collectors, and energy storage systems have enhanced system reliability, increasing purification capacity and overall performance. As a result, North America leads the global market for renewable energy-powered desalination, holding a significant share due to its commitment to sustainable water solutions.
Key Market Players Key players are 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.
Recent 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.
• 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.
DataM Intelligence
Sai Kiran
+1 877 441 4866
pr@datamintelligence.com
Source: EmailWire.Com
Source: EmailWire.com
|
|
|
|
Technology News Headlines
|
|
|
Technology Business Video Feed
|
More Technology Video Feeds
|
|
|