North American Market Forecast
The North America mobile water treatment market share is projected to surpass 67% by 2037, due to temporary necessity for a treatment system in the event of plant outages, facility maintenance, crises, or to comply with effluent discharge regulations. The United Nations Environment Programme (UNEP), a U.S.-based government agency, reports that 2.3 billion people are "water-stressed," including 721 million who live in areas where water supplies are "problematic," and that a fifth of the world's rivers are rapidly declining in water availability. These are the main challenges facing this market, along with intense competition and the COVID-19 pandemic. The region has grown as a result of the high user penetration of water treatment systems. Large commercial producers and extensive distribution networks have also contributed to the market expansion in the region for water treatment systems.
European Market Statistics
The European market share is expected to be 18% by the end of 2037. The market for mobile water treatment in Europe is being driven by reasons such increasing water stress, aging water infrastructure, strict environmental regulations, and quickly expanding industrial activity. These factors are fostering an environment that is expected to support the European mobile water treatment market's significant growth in the upcoming years. It is anticipated that mobile water treatment systems will become more and more important in guaranteeing sustainable water management and clean water for all in Europe as laws change, technology develops, and public awareness rises.
Author Credits: Dhruv Bhatia
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