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The mobile water treatment market size has the potential to grow by USD 1.09 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by end-user (energy, manufacturing, and others) and geographic landscape (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Aqualyng ICES, AVANTech Inc., Evoqua Water Technologies LLC, Fluence Corp. Ltd., MWG Srl, National Oilwell Varco Inc., Orenco Systems Inc., Pall Corp., SUEZ WTS USA Inc., and Veolia Environnement SA.
Browse TOC and LoE with selected illustrations and example pages of Mobile Water Treatment Market
The mobile water treatment market is fragmented. Aqualyng ICES, AVANTech Inc., and Evoqua Water Technologies LLC are some of the major market participants. Although the rise in adventure tourism will offer immense growth opportunities, high rental costs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this mobile water treatment market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this mobile water treatment market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
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North America was the largest mobile water treatment market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand for water from the industrial sector will significantly drive mobile water treatment market growth in this region over the forecast period.
Almost 69% of the market's growth will originate from North America during the forecast period. The US is a key market for mobile water treatment in North America. Market growth in this region will be faster than the growth of the market in other regions.
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The energy sector accounts for the largest share of the mobile treatment market as it is the largest industrial end-user of water. As the energy industry becomes more competitive, and environmental regulations become more stringent, power plants will require more advanced wastewater treatment solutions to meet their water quality requirements.
Market growth in this segment will be slower than the growth of the market in the manufacturing and other segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the mobile water treatment market size.
The mobile water treatment market will grow at a CAGR of over 13% during the forecast period. The rise in adventure tourism is one of the key factors that will drive market growth. The Americas and Europe are considered as the two leading destinations for adventure tourists. The adventure tourism market is witnessing growth due to the establishment of public-private partnerships in the tourism industry. These adventure tourism destinations are generally located in remote areas and away from core areas. This, in turn, will drive the demand for mobile water treatment in these remote locations to serve tourists. A major adventure tourism spot in Columbia, the Columbia icefield highly relies on mobile water treatment systems to serve a multitude of visitors.
The rise in patent filings, one of the key mobile water treatment market trends, will also drive market growth during the forecast period. To reduce the cost of upgrades and maintenance, manufacturers are heavily investing in research and developmental activities to develop advanced products. The growing need for products with higher efficiency will encourage vendors to introduce safety features in their products.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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