global mobile water treatment market is estimated to garner a sizeable revenue by growing at ~10% CAGR over the forecast period, i.e., 2022–2030. The growth of the market can be attributed to the increasing need for clean and safe water in remote areas backed by rising pollution level in the water bodies. Over 144 million people in the world are dependent on surface water, who lack facility to basic water, as per the report by the World Health Organization. The requirement for water treatment is remote areas, especially in low-income countries, is estimated to boost the demand for mobile water treatment. Moreover, mobile water treatment system is fast, reliable, and cost-effective, which is perfect for temporary and immediate needs, which is also estimated to fuel the market growth.
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The global mobile water treatment market is segmented by application into filtration, reverse osmosis, and others out of which, the filtration segment is anticipated to hold the notable share in the market during the forecast period on account of increasing water pollution, and shortage of clean drinking water in developing nations. Moreover, increasing demand for water for daily use amongst the exponentially growing population is estimated to boost the segment growth. According to the World Health Organization, 785 million people do not have access to basic drinking-water around the globe.
In 2018, the world’s total energy supply was 14282 Mtoe, wherein the highest share in terms of source was captured by oil, accounting for 31.6%, followed by coal (26.9%), natural gas (22.8%), biofuels and waste (9.3%), nuclear (4.9%), hydro (2.5%), and other (2.0%). Where there was an increase in energy demand in 2018, the year 2019 witnessed slow growth as the energy efficiency improved owing to decline in the demand for cooling and heating. However, in 2020, the electricity demand decreased by 2.5% in the first quarter of 2020 due to the outbreak of Coronavirus resulting in government imposed shutdowns in order to limit the spread of the virus, which was further followed by shutdown of numerous business operations impacting their growth. This also resulted in decline of 5.8% in the worldwide CO2 emissions which was recorded to be five times larger than the one recorded during the global financial crisis in 2009. However, in 2021, the demand for oil, gas and coal is estimated to witness growth, which is further projected to create opportunities for market growth. Moreover, rising environment degradation and awareness related to climate change is motivating many key players to employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years.
Regionally, the global mobile water treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to garner largest share over the forecast period on the back of increasing population, poor living standards in under-developed countries, lack of sanitation and hygiene, and increasing agricultural activities. The major rivers in the countries, such as, Afghanistan, India, and China, fall under the category of most polluted rivers globally. Moreover, lack of proper public infrastructure in rural areas to provide water to the people is estimated to increase the demand for mobile water treatment in the region.
The market in the North America region is estimated to witness significant growth over the forecast period on the back of presence of major market players in the region, along with launch of new products in the market.
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The global mobile water treatment market is further classified on the basis of region as follows:
Our in-depth analysis of the global mobile water treatment market includes the following segments:
FREQUENTLY ASKED QUESTIONS
Increasing water pollution levels and need for clean water in remote areas are the major factors driving the market growth.
The market is anticipated to attain ~10% CAGR over the forecast period, i.e., 2022-2030.
High cost of treatment is one of the factors estimated to hamper the market growth.
The market in Asia Pacific is estimated to garner the largest market share owing to the shortage of clean water, backed by increasing population, high pollution level in the developing countries, and lack of proper public infrastructure.
The major players in the market are Pall Corporation, Evoqua Water Technologies LLC., Applied Membranes, Inc., Ecologix Environmental Systems, LLC, Filtra-Systems Company LLC, Separmatic LLC, and others.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application, end-user, and by region.
The municipal segment is anticipated to hold largest market share over the forecast period on the back of increasing focus of the government on recycling water.
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