- The key vendors in the Global Water Desalination Market 2014-2018 are Acciona SA, Doosan Group, GE Water and Process Technologies and Veolia Group.
London, 09 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Water Desalination Market 2014-2018. Certain new and encouraging trends such as governmental initiatives in the water industry are driving market growth. Governments worldwide have initiated programs such as the Water Management Action Plan and the Environmental and Resource Efficiency Plan in Australia, a special plan for seawater utilization in China, and the US Environmental Protection Act. The market is expected to grow at a CAGR of 8.9 percent during the period 2014-2018.
Water desalination refers to the removal of salt and other minerals from saline water. It can be used to address fresh water supplies amidst increasing populations, industrialization, and pollution. Desalinated water is used in water drought-hit areas as an alternative water source and to increase water production yield. The water scarcity in various parts of the globe has become an important factor contributing to the growth of the Global Water Desalination market.
“The technological advancements such as a decrease in energy consumption to desalinate water, energy efficient RO technology, improved membranes, energy recovery devices, hybrid systems, and increased output per cubic meter of input water in thermal technologies are expected to propel market growth,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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