Growing demand for fresh and clean water is a significant factor driving the growth of the Saudi Arabia Solar Water Desalination Plants Market in the forecast period of 2024-2028.
According to the TechSci Research report, "Saudi Arabia Solar Water Desalination Plants Market - By Region Competition Forecast and Opportunities, 2028" the Saudi Arabia Solar Water Desalination Plants Market is anticipated to expand during the forecast period. Growing demand, significant public projects, and the government's fledgling privatization initiatives have made Saudi Arabia's water and wastewater industry an appealing market for U.S. companies providing engineering services for desalination and wastewater industries. Although the Saudi government is driving the sector's investment, local private sector firms are looking for foreign technology partners and lenders to help them bid on new contracts and build new plants, while the government seeks outside investment. Increased sewage treatment capacity has also provided a new solution to the Kingdom's water shortage. Saudi Arabia aims to become the largest market in the Gulf Cooperation Council for treated sewage effluent (TSE), a water reuse method that is a viable alternative to using desalinated water in non-potable applications. Also, the Kingdom’s National Water Strategy has set a target of increasing TSE reuse to 70% (nearly 4 million m3/day) by 2030. According to the National Water Strategy, the percentage of the country that is covered by wastewater should increase from 65% in 2020 to 95-100% by 2030, with strategic partners taking over control of the production of 100 percent of treated water by the same year. In 2018, the Saudi government reported that its efforts under Vision 2030 had achieved several goals, including improving the efficiency of desalinated water production, improving the country's billing, tracking of water usage by installing over a million linked high-precision electronic meters, and restoring agricultural terraces in the south of the Kingdom to encourage less water-intensive crops.
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The solar system and water desalination plant constructed by the Spanish company Acciona SA. In 2024, the plant is anticipated to begin using reverse osmosis technology to produce 570,000 m3/day of potable water. A 25-year water purchase contract with the Saudi Water Partnership Company provide water to the Riyadh and Qassim regions (SWPC).
The market for solar water desalination plant is expanding because of factors like increasing demand for fresh water, Government support and environmental concerns these factors are all linked to rapid population growth, and which increased the demand for solar water desalination plant.
Additionally, the lack of potable or freshwater resources is driving the demand for water treatment. All of these are important factors driving growth in the solar water desalination plant.
For instance, Alfanar contracted Saudi Arabia Saline Water Conversion Corp. (SWCC) to construct a 110 MW PV project. Most of the system is ground-mounted, with an unspecified portion reserved for floating solar. The project provides electricity to the Jubail 2 Desalination Plant, which is owned by SWCC, to desalinate seawater via reverse osmosis.
The Saudi Arabia Solar Water Desalination Plants Market is segmented based on Membrane Process, Method, Industry, region, and competitive landscape.
Major market players operating in the Saudi Arabia Solar Water Desalination Plants Market are:
- Alfanar Group
- Abdul Latif Jameel Energy
- Rawafid Systems
- Saline Water Conversion Corporation (SWCC)
- RAHA Water Treatment Corporation
- Environmental Equipment Company Ltd.
- SAWACO Water - Desalination
- TORAY MEMBRANE MIDDLE EAST LLC. (TMME)
- Tech Universal Arabia
Some of the recent developments are:
The Dubai Electricity and Water Authority (DEWA) focusing on rising demand for water and electricity in Dubai to the highest standards of availability, dependability, efficiency, and quality. This is a component of DEWA's initiatives to promote Dubai's comprehensive and sustainable development and strengthen its position as the top location for employment, investment, and living. DEWA can produce up to 12,900 MW of electricity and 490 MIGD (million imperial gallons per day) of desalinated water.
Advanced Water Technology (AWT) and Abengoa agreed to build the solar-powered plant in January 2015. The Saudi Company for Development and Technology Investment owns AWT, which is the commercial arm of King Abdulaziz City for Science and Technology (KACST) (Taqnia).
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"Saudi Arabia Solar Water Desalination Plants Market is expected to thrive as some of the drivers for growing desalination industry are increasing environmental concerns, rising use of clean energy substitutes, low maintenance requirements of the systems, ease of installation both, on-shore and offshore, and government policies and initiatives that support the installation of solar water desalination plants are some factors anticipated to fuel market revenue growth over the forecast period. The outlook for the water desalination market seems very promising as the water scarcity is increasing. Government support has driven the industry and is expected to continue." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
"Solar Water Desalination Plant Market - Saudi Arabia Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Membrane Process (Ultrafiltration Systems, Vacuum Evaporation and Distillation, Reverse Osmosis Systems, Paper Bed Filters, Solid Bowl Centrifuges, Tramp Oil Separators, Vacuum Filters, And Others), By Method (Solar-powered Humidification-Dehumidification (HDH) Desalination, Solar Diffusion Driven Desalination, Solar Membrane Distillation, Concentrated Solar Power (CSP)- based Desalination, and Solar Pond Desalination), By Industry (Industrial, Agriculture, Domestic, Municipal, and Commercial), By Region” has evaluated the future growth potential of Saudi Arabia Solar Water Desalination Plants Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Solar Water Desalination Plants Market.
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