Atmospheric Water Generator Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast 2022 2030
Atmospheric Water Generator Market Growth & Trends The global atmospheric water generator market size is expected to reach USD 4.56 billion by 2030, registering a CAGR of 9.0% over the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by declining freshwater levels, rising technological advancements, and favorable government regulations. The demand for freshwater for industrial and drinking uses is expected to witness growth on account of the declining freshwater levels and depleting water supplies. Moreover, increasing infrastructural development and rapid industrialization have contributed to water scarcity, thereby augmenting the demand for these products over the forecast period. Atmospheric water generators (AWGs) are manufactured using two principles, including cooling condensation and wet desiccation. Cooling condensation is the most widely used technique owing to large-scale installations in various industries. The wet desiccation technology is comparatively new and is primarily used in army base camps and large-scale industries. Atmospheric water generators are mainly utilized in industrial and commercial facilities owing to high installation costs. Initiatives taken by companies across several sectors to implement eco-friendly practices in the business are expected to drive the product demand in the industrial application segment. Browse full report with Table of Content (PDF with All Related Graph and Chart) @: https://www.grandviewresearch.com/industry-analysis/global-atmospheric-water-generator-market
Atmospheric Water Generator Market Report Highlights
The cooling condensation segment accounted for the largest revenue share in 2021 owing to the improving technology, along with rising demand for cooling condensation water generators in water-stressed regions
The industrial sector is expected to witness a significant CAGR from 2022 to 2030 on account of the growing demand for water in electricity generation, papers, mining, textiles, and pharmaceutical drugs applications
The product demand in Asia Pacific is likely to grow at the fastest CAGR over the forecast period due to water scarcity and depleting freshwater resources coupled with the rising infrastructural activities and rapid industrialization
In January 2020, Energy and Water Development Corp. (EAWD) sold its self-sufficient energy supply AWG system to a Mexican company engaged in manufacturing bottled waters
Atmospheric Water Generator Market Segmentation Grand View Research has segmented the global atmospheric water generator market based on product, application, and region: AWG Product Outlook (Revenue, USD Million, 2017 - 2028) Cooling Condensation
Wet Desiccation
AWG Application Outlook (Revenue, USD Million, 2017 - 2028) Industrial
Commercial
Residential
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market/request/rs1 AWG Regional Outlook (Revenue, USD Million, 2017 - 2028) North America
o
U.S.
o
Canada
o
Mexico
o
Germany
Europe
o
France
o
Italy
o
Finland
o
U.K.
o
Turkey
o
China
o
India
o
Japan
o
Australia
o
South Korea
Asia Pacific
Central & South America o
Brazil
o
Argentina
Middle East & Africa o
UAE
o
Saudi Arabia
List of Key Players in Atmospheric Water Generator Market Akvo Atmospheric Water Systems Pvt. Ltd.
Dew Point Manufacturing
Ray Agua
WaterMaker India Pvt. Ltd.
PlanetsWater
Water Technologies International, Inc. (WTII)
SkyWater Air Water Machines
Drinkable Air
Energy and Water Development Corp. (EAWC)
Atlantis Solar
EcoloBlue, Inc.
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