Decentralized Water Treatment Systems See Rapid Growth as Utilities Struggle with Water Stress
-
Global water stress has led to increased adoption of decentralized water and wastewater treatment systems.
-
The residential segment is expected to see high growth due to environmental awareness and potential utility cost savings.
-
Innovative business models like water/treatment as a service will drive market expansion.
-
Solar-powered systems are growing among municipal end-users in semi-urban/rural areas.
-
The market is forecast to reach $11.47 billion in revenue by 2030, with a 7.8% CAGR between 2022-2030.