Increasing Number of Waterborne Diseases along with the Growing Adoption of Renewable Energy has Propelled the Growth of the Solar Water Purifiers Market in the APAC Region!

• Himanshu Patni
• December 22, 2023
• ENERGY & POWER, NEWS
• Solar Water Purifiers Market, Solar Water Purifiers Market Growth, Solar Water Purifiers Market Share, Solar Water Purifiers Market Size, Solar Water Purifiers Market Trends
• 0 Comments

The costs of photovoltaic water heaters have come down to make them more affordable for a typical consumer. Furthermore, policies supporting the use of renewable energy sources such as solar water filters have been put in place by China’s government. Consequently, solar water purifiers have become a popular product in the Chinese market and many enterprises are now producing and selling them there. Moreover, with increasing concern over air and water pollution in China, people are increasingly looking for ways to filter their drinking water; solar water purifier technology offers a solution that meets both requirements of sustainability and environmental acceptability. In addition, solar water purifiers are becoming more affordable for many homes and communities due to their decreasing costs over time. Thus, many people in India are now choosing solar water purifiers as a reliable and cost-effective solution for clean drinking water. Japan is one of those countries which are growing the demand for solar water purifiers for commercial as well as residential purposes. This is mainly due to multiple factors such as rising water pollution within the country. Japan has faced a growing problem with water pollution in recent years. The country has many rivers and lakes that are contaminated with industrial waste, agricultural runoff, and other pollutants. This has led to a growing concern among the Japanese public about the safety of their drinking water. Also, many researchers within the South Korea are working towards the development of water purification using solar. For instance, in Jan 2023, Researchers in South Korea developed a novel water filter that can remove 99.9 percent of microplastics. This new solar-based water purification system can filter out microplastics quickly.

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Further, the APAC Solar Water Purifiers Market is expected to grow at a CAGR of 9.2% during the forecast period (2022-2030). APAC is dominating the market in the year 2021. This is mainly due to factors such as increasing awareness of water scarcity, government initiatives and policies towards using renewable energy, off-grid applications, and technological advancements. The use of solar water purifiers is beneficial in areas where access to clean drinking water is limited or unreliable. The continuous upgradation in solar energy technology such as improvements in solar panels and energy storage solutions. For instance, in Jan 2023, Researchers in South Korea developed a novel water filter that can remove 99.9 percent of microplastics. This new solar-based water purification system can filter out microplastics quickly.

 FIG. 1      APAC Solar Water Purifiers Market Revenue (2020-2030)- USD Mn

Based on technology, the solar water purifiers market is segmented into solar water disinfection (SODIS), solar distillation, and solar water pasteurization. The solar water disinfection segment accounted for a significant market share in 2021. This is mainly because this technology is very economical and has less investment cost as it relies on locally available resources, plastic bottles, and sunlight. In addition, the technology is typically carried out in rural communities of developing countries where no centralized water treatment facilities are available.

Based on device, the solar water purifiers market is divided into stationary and portable. The portable category is expected to grow with a significant CAGR during the forecast period. This is mainly owing to reasons that they do not use electricity and do not emit any greenhouse gases; portable solar water purifiers are sustainable and friendly to the environment. This makes them an ideal answer for people who need to lessen their carbon impression and safeguard the climate. Additionally, climate change is increasing the severity and frequency of natural disasters like hurricanes, droughts, and floods, which frequently result in contaminated water sources.

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Global Solar Water Purifiers Market Segmentation

Market Insights, by Technology

·        Solar Water Disinfection (SODIS)

·        Solar Distillation

·        Solar Water Pasteurization

Market Insights, by Device

·        Stationary

·        Portable

Market Insights, by End-User

·        Residential

·        Commercial

Market Insight, by Region

·        North America

o   U.S.

o   Canada

o   Rest of North America

·        Europe

o  Germany

o  U.K.

o  France

o  Spain

o  Italy

o  Rest of Europe

·        APAC

o  China

o  India

o  Japan

o  South Korea

o  Rest of APAC

·        Rest of the World

Top Company Profiles

·        Nevon Projects

·        WattSun – Energy India Private Ltd

·        Tata Power

·        C AND B International Holdings Co.,LTD

·        Jakson Group

·        NETSOL WATER SOLUTIONS PVT. LTD

·        NEWater

·        Swajal Water Pvt. Ltd.

·        GSEL R TECH LTD