After four years of drought and mixed results from efforts to roll back water use, the scale of California’s water crisis has brought the state to the brink of massive investments in water supply, including desalination, water diversion, and water treatment.
The Global Water Desalination Pumps Market is expected to grow at a CAGR of 7.7 percent from 2015 to 2019, according to a new report from TechNavio.
Revenues from the sale of reverse-osmosis, ultrafiltration, and microfiltration equipment and replacement modules in East Asia are expected to be over $3.1 billion next year.
Yokogawa Electric International has received an order to supply the monitoring system for a water distribution pipeline being built in Saudi Arabia.
Demand for water treatment equipment in the United States is forecast to grow 5.9 percent per year to $13.0 billion in 2017, according to a report by the Freedonia Group.
Sales of cross-flow membranes and equipment will exceed $10.4 billion in 2014 with desalination accounting for the most demand, according to the l the McIlvaine Company.
Flow control and treatment revenues will grow from $4 billion in 2013 to $9 billion a year by 2020, according to a new McIlvaine Company report.