Solar Water Purifier Market - Forecast(2024 - 2030)
Solar Water Purifier Market Overview
The global solar water purifier market size is
forecast to reach $3.5 billion
by 2027, growing at a CAGR of 8.92% from 2022 to 2027. The
solar water purifier is one of the most effective ways to purify water in
a very low cost and minimal process like solar water pasteurization using a different solar product like polycrystalline
which helps to improve the filtration system. The decreasing
availability of water has driven the solar water purifier market owing to removing
the impurity and salinity of the water. Salinity is one of the major problems
in coastal areas and even in tribal areas where pure drinking water is scarce.
Owing to this factor, solar water purifiers became popular in the low-income
group, tribal and rural areas where there
is no electricity as well. Moreover increase in public awareness and government
initiatives in rural areas is anticipated to fuel the demand of solar water
purifier market worldwide during the forecast period. Further the U.S.
Department of Health & Human Services stated that for every year around 7.2
million Americans get sick from diseases spread through water. Owing to these
factors several manufacturers are focused on developing advanced and eco
friendly water purifiers. Hence this rising demand for eco-friendly,
dependable, & affordable technologies to heat water, especially in
residential & industrial sectors, is estimated to drive solar water
purifier industry outlook. Furthermore the advent of advanced campaigns, with
digital marketing strategies, will impart a large momentum to the expansion of
the solar water purifier industry.
Solar Water Purifier Market Report Coverage
The report: “Solar Water Purifier Industry Report–
Forecast (2022-2027)”, by Industry ARC covers an in-depth analysis of the
following segments of the Solar Water Purifier industry.
By Product
Type: Monocrystalline,
Polycrystalline.
By
Methodology: Disinfection,
Distillation, Pasteurization, and Purification.
By End Users: Residential, Commercial
(Hospitals & Healthcare, Educational Institutes, Hotels & Restaurants,
Banks & Financial Institutions, Airports & Railway Station, Shopping
Malls, Hyper & Super Markets, Offices and Others), Industrial, Others.
By
Geography: North America
(U.S, Canada, Mexico), Europe (U.K, Germany, France, Italy, Spain, Others),
APAC (China, Japan, South Korea, India, Australia, Others), South America
(Brazil, Argentina, Others), RoW (Middle East, Africa).
Key Takeaways
- The residential sector is analyzed to grow with the highest CAGR during 2022-2027, owing to a rise in waterborne diseases, a growing shift towards renewable energy sources, and others.
- Asia pacific solar water purifier market held the largest share in 2021, owing to superior quality, high adoption of renewable energy sources rather than conventional energy sources that require fuel or electricity and so on will drive the market.
- The growing adoption of cost-effective water purifiers will significantly drive the solar water purifier market during the forecast period 2022-2027.
- The growing water-borne diseases, increasing urbanization, and scarcity of drinking water are driving the distillation segment of solar water purifiers.
Global Solar Water Purifier Market Value Share, By Region, 2020 (%)
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Solar Water Purifier Market Segment Analysis- By Methodology
Based on Methodology, the distillation segment is
analyzed to grow with the highest CAGR of 9.52% during the forecast period
2022-2027. Solar distillation has been proved as the most
effective method for water disinfection and can be easily
customized based on an application from a single person to a community-sized
system for residential and commercial users. The growing water-borne diseases,
increasing urbanization, and scarcity of drinking water are driving the
distillation
segment of solar water purifiers. According to UN World Water
Development Report 2020, 2.2 billion people are facing scarcity of drinking water and do
not have access to safely managed drinking water. According to
UNICEF, four billion people almost two-thirds of the world’s population is
experiencing severe water scarcity for at least one month each year and over
two billion people live in countries where water supply is inadequate and are forecasted
to face water scarcity by half of the world as early as 2025. Such factor like
water scarcity plays an important role in driving the Solar Water Purifier market
due to which there will be a rise in demand for efficient water purifiers in the
water scarcity region in a long run.
Solar Water Purifier Market Segment Analysis- By End Users
The residential sector is anticipated to witness the fastest growth in the global solar water purifier market with a CAGR of around 9.68% during 2022-2027. The growing shift towards safer drinking water, the rise of environmental concerns due to the use of conventional sources of energy have raised the demand for solar water. With a growing volume of waterborne disease, drinking water scarcity in coastal, rural and tribal regions aiding the market growth for solar water purifier systems. According to World Health Organisation, around 2 billion people use a drinking water source contaminated with feces globally. About 22% of health care facilities have no water service in the least developed countries. Contaminated water can transmit diseases such as diarrhea, cholera, dysentery, typhoid, and polio. Contaminated drinking water is estimated to cause 485,000 diarrhoeal deaths each year. Such a factor can rise the demand for solar water purifiers in the residential sector to enhance drinking water facilities will further drive the Solar Water Purifier market in the Forecast period 2022-2027.
Solar Water Purifier Market Segment Analysis- By Geography
Asia Pacific region accounted for the largest share of around 34% in the global solar water purifier market in 2021 and is also anticipated to have significant growth during the forecast period. Growing shift towards renewable energy sources, a rise of waterborne disease, and surge in deficiency of drinking water in rural, tribal, and coastal areas have attributed towards the market growth. High investments from some of the major market players in R&D activities, partnerships, and related strategies including Tata Power Solar, Carlsberg Group, and others along with growth in demand for cost-effective technology can also drive the market demand for solar water purifiers across the region. In November 2020, Carlsberg Group has unveiled a new investment in a solar thermal desalination project is located in the Sundarbans in West Bengal, a region that is considered to be at a critical point because of the consequences of the rising sea levels in India. The water purification facility will be 100% solar-powered and will use thermal and electrical energy to distill water, and is predicted to generate 20,000 liters of clean drinking water a day. The project is designed to serve a town of 4,000. This was meant to deliver a broad range of drinking water facilities, thereby positively impacting the Solar Water Purifier market in the long run.
Solar Water Purifier Market Drivers
Growing adoption of renewable energy products to positively impact the market demand for Solar Water Purifiers
The growing adoption of renewable energy products across the
globe can be considered as a major factor boosting the growth of the solar
water purifier market. This shift towards renewable energy-based applications is
mainly due to reducing
environmental
concerns and diminished conventional resources have caused a shift towards the
utilization of renewable sources for energy generation and are widely used for
water purification. Also, climate change is driving the market owing to affect
the availability, quality, and quantity of water needed for drinking. In
December 2020, LONGi solar, a world-leading manufacturer of high-efficiency
mono-crystalline solar cells and modules has supplied 3.66MW of its modules to
the Hunan Xiangxin Xiaohao New Energy Technology Company at the Meixi Lake
Water Purification Plant in Hunan Province, to jointly view new development
opportunities for the advanced application mode of Photovoltaic. The project aims
to install solar modules above the water purification plant to effectively
utilize approximately 38,000 square meters of green land space in the water
purification plant area. Such growing adoption of renewable energy will further
boost the need for solar water purifier industry in the long run.
The increasing number of waterborne diseases act as a major factor driving the growth of the solar water purifier market in the forecast period.
The Increasing number of waterborne
diseases cases driving the market forward. Safe and readily available water is
important for drinking, domestic use, food production, or recreational purposes
for public health. Improved water supply and better management of water
resources, growing utilization of solar energy for water purification, and so
on have been potentially boosting the market, making adoption of safe and clean
water for a healthy life. Contaminated water can transmit diseases such as diarrhea,
cholera, dysentery, typhoid, and polio According to India water Portal, about
37.7 million Indians are affected by waterborne diseases, 1.5 million children
die of diarrhea and 73 million working days are lost leading to an economic
burden of US$600 million a year. The eradication of waterborne diseases by the adoption
of efficient water purifiers will boost the demand for solar water purifier market share in the forecast
period.
Solar Water Purifier Market Challenges
Lack of awareness regarding solar water purifier act as one of the major factors restraining the market growth.
Lack of awareness regarding solar water purifier act as
one of the major factors restraining the market growth. The adoption of solar
water purifier models requires skilled people to manage the basic operation. The
operation of water treatment plants completely relies on the sun is restraining
the growth of this market. The lack of awareness in rural areas where the
incidence of water-borne diseases is high is also restraining the market. However,
developing countries of Asia Pacific and Africa combined with the advancement
of technologies to improve filtration systems to remove germs, bacteria and
other toxic agents will provide growth opportunities to the global Solar Water
Purifier market.
Solar Water Purifier Industry Outlook
Technology
launches, Partnerships and R&D
activities are key strategies adopted by players in the solar water purifier market.
In 2021, the market of solar water purifier industry outlook has been
fragmented by several companies. Solar water purifier top 10 companies include:
- Bharat solar energy
- Aquayash
- Tata Power
- Evaquoa Water Technologies LLC
- Bionics Consortium Pvt. Ltd.
- Puralytics
- Nuetech Solar Systems Pvt. Ltd
- Jakson
- WattSun - Energy India Private
Ltd
- Shanghai EASY R-Energy Tech Co.,
Ltd
Recent Developments
- In 2021, Princeton University researchers have launched low-cost solar-powered water filter which leaves contaminants like lead, oil and pathogens from water. This new device uses sunlight to drive water purification and helps in solving the problem of providing clean water off the grid.
- In 2020, Researchers at the University of Science and Technology of China have developed a new type of solar-powered device that purifies water for drinking. The Researchers stated that this solar evaporator design is more effective than most as it boasts an evaporation rate of 2.9 kg m–2 h–1, and a solar-to-vapor efficiency of 80 percent.
- In 2020, Scientists from the University of Rochester and the U.S. Army have collaborated and developed a new solar water-purifying technology. This new solar water purifier uses laser-treated aluminum sheets to rapidly absorb, purify and heat water. In addition scientists also stated that this demonstrated device has the potential to be used as part of the solution to the global water crisis due to its simplicity, durability, reusability, efficiency and compatibility with solar-thermal technology.
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