Mobile Water Treatment Systems Market Insights
The global mobile water treatment systems market is anticipated to grow at a CAGR of 8.9% to create an absolute $ opportunity of more than US$ 1,952.0 Mn during the forecast period (2020-2030). It is anticipated to be valued at more than US$ 3,629.1 Mn by 2030-end, according to a new Fact.MR study.
Increasing need for immediate responses to water crisis in case of plant downtime, facility maintenance, and drinking water shortages continue to propel the demand for mobile water treatment systems across the globe. Several countries threatened by severe water shortages and the reduction of freshwater resources are also impacting the demand of mobile water treatment systems.
With the recent outbreak of the COVID-19, purity of water is emerging as a major concern in both residential and industrial sectors. The service providers cover the treatment and distribution of drinking water, wastewater sanitation, waste collection and treatment, and industrial services. While services deemed ‘essential’ are gaining momentum amidst the pandemic crisis, movement restrictions and social distancing requirements are putting a halt to several operations within the mobile water treatment systems market.
Mobile Water Treatment Systems Market Analysis by Type
Microfiltration is the process of manually removing suspended solids from water, usually through a membrane. Microfiltration systems are typically used for cold disinfection of pharmaceuticals and beverages, pre-treatment upstream of RO to remove suspended solids, and certain oil and water separations applications. Accounting for a significant share of the total market revenue, microfiltration continues to gain traction as the preferred method for community and municipal water treatment system due to its ability to remove spores.
Medium and small-scale industries are looking for temporary water treatment facilities that require minimum capital installation, reduce installation cost and time, while delivering high amount of quality water. The result is expected to lead to surge in the demand for mobile water treatment systems. Moreover, amidst the COVID-19 outbreak, it is critical that water treatment facilities implement effective disinfection practice to ensure that virus does not spread via reclaimed effluent.
The Fact.MR’s recent report reveals that the adoption of microfiltration systems is poised to grow at a CAGR of 8.4% and will be valued 1.5X the revenue generated by the use of ultrafiltration systems over the forecast period.
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Mobile Water Treatment Systems Market Analysis by End User
Most industries depend on water for many critical operations such as cooling, steam blows, and boiler feed water. These industries tend to suffer heavy loss of production and profit during downtime caused by the lack of water supply. Subsequently, mobile water treatment services – fast, reliable, and cost-effective solutions – are widely used to provide pure water for critical industrial applications. This, in turn, continues to create lucrative opportunities for market players.
During the COVID-19 pandemic, the end-use industries are expected to boost the adoption of mobile water treatment systems to reduce the level of contaminated water. While market players are exploring potential use of water treatment methods such as filtration and disinfection across residential and municipal sectors amid the pandemic, adoption in industrial sector is projected to grow at a CAGR of 9.5% during the forecast period.
Mobile Water Treatment Systems Market: Regional Analysis
North America will continue to account for a majority share of the global mobile water treatment systems market during the forecast period, owing to growing salinity of freshwater bodies coupled with increasing demand for seawater desalination projects. Increasing demand for uncontaminated water in various manufacturing and processing industries such as power & energy, pharmaceuticals, and chemicals is further pushing the demand of mobile water treatment systems.
Mobile desalination units are used in water stressed areas or in emergency situations such as hurricanes, which are common in the North American region. Water shortages coupled with increased public awareness about ill-effects of drinking contaminated water are further estimated to positively impact the mobile water treatment systems market, especially during the coronavirus pandemic. In the Fact.MR report, North America’s market is projected to register a CAGR of 8.7% to create absolute $ opportunity worth US$ 574.0 Mn during the forecast period.
For deeper knowledge surrounding growth prospects of regional markets for mobile water treatment systems, ask an expert analyst
Contracts & Agreements Remain Key Growth Strategy
The mobile water treatment systems market is highly consolidated in nature. Prominent market players are involved in contracts and agreements to gain significant market share. For instance, In June 2020, the municipality of Tashkent signed a contract with SUEZ of Euros 142 to modernize and improve water services.
Some of the leading players operating in the mobile water treatment systems market are Pall Corporation, Veolia Water Technologies, Evoqua Water Technologies, , LLC, Applied Membranes Inc, Filtra Systems, Separmatic LLC, EMWG S.r.l., RODI Systems Corporation, Water Sharks Systems, LLC, Aquatech International LLC, WesTech Engineering, Inc.
Impact of COVID-19 on Global Mobile Water Treatment Systems Market
The COVID-19 pandemic has disrupted business and lives worldwide. The mobile water treatment systems market is no exception, with companies dealing with potentially significant pause or decline in demand. A reduction in industrial output and low replacement requirements during the pandemic are likely to decrease the demand of mobile water treatment systems.
The National Association of Clean Water Agencies (NACWA) has also made a conservative prediction of revenue losses from the coronavirus at US$ 12.5 Bn. Due to the COVID-19 outbreak, businesses are temporarily shutting down or abating all activities, and subsequently any irregularity in system operations including varied loads, unscheduled shutdowns, and similar issues may impact the mobile water treatment systems market growth.
The Analyst’s Viewpoint
“Demand for mobile water treatment systems is witnessing a decline due to reduction in industrial production output amid the COVID-19 pandemic. However, the demand is expected to gain pace with increasing need for uncontaminated water in residential and commercials sectors."
Global Mobile Water Treatment Systems Market: Scope of the Report:
The recent global mobile water treatment systems market report by Fact.MR offers a 10-year forecast for the period of 2020-2030. The report elaborates on the key drivers, restraints, opportunities and threats to the expansion of the global mobile water treatment systems market. A detailed segmental analysis based on type, end user, service, flow rate and regions has been provided in the report.
Regional analysis in terms of supply chain, business execution, and market value provides an in-depth perspective about the future scope of the global mobile water treatment systems market. In addition, a separate section on market structure has been provided. The section provides a detailed analysis of key market players and the strategies for expansion in the mobile water treatment systems market.
Mobile Water Treatment Systems Market - Scope of the Report
Fact.MR recently published a market study on the global market for mobile water treatment systems. The study provides a detailed assessment on the key market dynamics including drivers, trends, opportunities, restraints, and detailed information about the mobile water treatment systems market structure. The market study presents exclusive information about how the mobile water treatment systems market will grow during the forecast period of 2020-2030.
Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain and supply chain analyses, and Compounded Annual Growth Rate (CAGR), are explained in the Fact. MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the mobile water treatment systems market in the forecast period.
The study is relevant for stakeholders in the mobile water treatment systems market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to strengthen their position in the market. Stakeholders in the mobile water treatment systems market, investors, industry experts, researchers, and journalists as well as business researchers can leverage the information and data presented in the Fact.MR study.
The study also includes statistics as well as facts related to macro- and microeconomic factors that are impacting developments in the mobile water treatment systems market. It also offers actionable insights based on future trends in the mobile water treatment systems market. Furthermore, small businesses and new entrants in the mobile water treatment systems market can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.
Key Segments of the Mobile Water Treatment Systems Market
The Fact.MR’s study on the mobile water treatment systems market offers information divided into four key segments—type, end user, service and flow rate across six regions. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
Key Questions Answered in the Fact.MR’s Mobile Water Treatment Systems Market Report
- Which regions will continue to remain the most profitable markets for mobile water treatment systems market players?
- Which factors will induce a change in the demand for mobile water treatment systems during the assessment period?
- How will changing trends impact the mobile water treatment systems market?
- How can market players capture the low-hanging opportunities in the mobile water treatment systems market in developed regions?
- Which companies are leading the mobile water treatment systems market?
- What are the winning strategies of stakeholders in the mobile water treatment systems market to upscale their position in this landscape?
Mobile Water Treatment Systems Market: Research Methodology
In the Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the mobile water treatment systems market and reach conclusions on future growth parameters of the market. This research methodology is a combination of primary and secondary research which helps analysts ensure the accuracy and reliability of conclusions.
Secondary resources referred to analysts during the preparation of the mobile water treatment systems market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers who have contributed to the development of this report as a primary resource.
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