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Evolving Trends in Solar-based Water Disinfection Market

 

Solar-based Water Disinfection Market: Overview

 

·         Solar-based water disinfection is a type of portable water purifier that utilizes solar energy to make biologically contaminated water safe to drink. Solar-based water disinfection is a low-cost technique used by more than 6 million people across the globe to disinfect non-potable water.

·         Solar-based water disinfection is largely used in rural communities, as most of these communities either face a large number of power outages or do not have power grid support. Use of solar water disinfection eliminates the need to use other power-generating sources and helps reduce pollution.

Key Drivers and Restraints of Global Solar-based Water Disinfection Market

 

·         Increase in the demand for safe drinking water led by rise in the incidence of water-borne diseases, such as amoebic and bacillary dysentery, hepatitis A, typhoid, cholera, and diarrhea, is expected to drive the global solar-based water disinfection market during forecast period. Solar-based water disinfection can reduce the risk of developing diarrheal diseases by 9%–86%. Solar-based water disinfection utilizes solar radiations to kill microorganisms causing water-borne diseases and thereby, improves the quality of drinking water.

·         Surge in the demand for reliable, cost-effective, and eco-friendly solutions to purify water in residential buildings is also likely to fuel the global solar-based water disinfection market during the forecast period. Furthermore, increase in investments in residential construction and growing awareness about effective utilization of sustainable technologies are some of the key factors expected to augment the global market during the forecast period.

·         Lack of awareness about waterborne diseases, primarily in Asia Pacific and Africa, is anticipated to hamper the market in these regions during the forecast period

Key Developments

Residential End-user Segment Expected to Hold a Major Share of Global Market

 

·         The global solar-based water disinfection market can be segmented-based on end-user and region

·         In terms of end-user, the global solar-based water disinfection market can be divided into residential and small commercial. Residential is the major end-user segment of the global solar-based water disinfection market. Increase in the demand for portable water purifier systems is expected to boost the global solar-based water disinfection market during the forecast period. The small commercial segment comprises schools, hospitals, and communities. Increase in investments in the development of small commercial buildings is likely to create growth opportunities for the segment during the forecast period.

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Europe to Hold a Major Share of Global Solar-based Water Disinfection Market

 

·         In terms of region, the global solar-based water disinfection market can be divided into: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

·         Europe held a major share of the global solar-based water disinfection market in 2018 and the trend is anticipated to continue during the forecast period. This growth can be attributed to introduction of various norms regarding energy efficiency and significant investments in the renewable energy sector in the region.

·         The solar-based water disinfection market in Asia Pacific is anticipated to expand at the maximum CAGR during the forecast period, due to increase in efforts by regulators to reduce the rate of incidence of water-borne diseases in the region. Moreover, growing population and lack of water purification infrastructure, especially in remote areas of the region, is also anticipated to fuel the market in Asia Pacific from 2019 to 2027.

·         The solar-based water disinfection market in North America is projected to witness moderate growth during the forecast period, due to increase in the demand for eco-friendly, cost-effective, and energy-efficient portable water purifiers in the region

·         The solar-based water disinfection market in Latin America and Middle East & Africa is anticipated to expand at a sluggish pace during the forecast period. These regions have less number of drinking water resources and hence, these regions are making significant investments in solar-power-operated desalination and purification plants.

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Key Players Operating in Global Market

Leading companies operating in the global solar-based water disinfection market are:

·         Innovative Water Technologies

·         Helioz.org

·         Evaquoa Water Technologies LLC

·         Puralytics

·         Trunz Water Systems

 

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