Atmospheric Water Generator Market – Global Growth, Trends, COVID-19 Impact and Forecasts (2024-2030)

Atmospheric Water Generator Market was valued at US$ 2.57 Bn. in 2023. The Global Atmospheric Water Generator Market size is estimated to grow at a CAGR of 9.1% over the forecast period.
Atmospheric Water Generator Market Overview:
The report explores the Atmospheric Water Generator market's segments (Type, Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Atmospheric Water Generator market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Atmospheric Water Generator market's contemporary competitive scenario.To know about the Research Methodology:- Request Free Sample Report
Atmospheric Water Generator Market Dynamics:
Increasing Water Scarcity across the Globe:

With the increase in population across the globe, consumption of water is also increasing. According to United Nations World Water Development Report 2023, there will be an increase in water consumption by 20- 30% as compared to current water consumption. Atmospheric Water Generator is a technology for extracting water from humid air. Therefore, this can be considered an alternative source of clean water. Hence with the increase in demand for water and scarcity of water the demand for the Atmosphere water generator market is expected to grow during the forecast period.

Continuous Electricity Supply and High Product Cost:

Atmospheric Water Generator system consumes a significant amount of energy and the high production cost is confining the market growth in commercial as well as household applications. Continuous supply of electricity is also required which increases the operation cost as well. However, with the implementation of the upgrading technologies, the cost and impact of these limiting factors are expected to go down during the forecast period.

Atmospheric Water Generator Market Trends:

The leading Atmospheric Water Generator manufacturers are integrating with these new upcoming technologies in a user-friendly manner. The current rising problem of portable water scarcity and the increasing population is creating a significant demand for portable water. Further the climate changes accompanied by a reduction in rainfall are creating a decline in freshwater reserves. Atmospheric Water Generation technology converts humid air into water. This technology can be used to solve water scarcity problems. As a result, significant growth is expected during the forecasted period.
Atmospheric Water Generator Market Segment Analysis:
Based on Type, the Atmospheric Water Generator Market is segmented into the cooling condensation and the West Desiccation. The cooling condensation segment held the largest market share accounting for 72% in 2023. The cooling condensation technology is majorly used in manufacturing the atmospheric water generators. This technology is more economical in high moisture conditions and high temperatures, Moreover, they are easy to install and maintain.

Based on Application, the Atmospheric Water Generator Market is segmented into Industrial, Commercial, and households. Among all applications types, the industrial segment holds the highest market share in the global market. As manufacturing industries consume a large quantity of water which creates pressure on the existing groundwater resources. Therefore, large industries are using this technology which is sustainable and economical.
Atmospheric Water Generator Market Regional Insights:
The Asia Pacific region held the largest market share accounting for 36% in 2023. The rising industrialization in the region, combined with expanding infrastructural operations, is expected to drive product demand. Growing urbanisation in India, along with changing consumer lifestyles, is predicted to raise the demand for pure water, boosting regional product demand. In addition, Southeast Asian countries are the major consumers of atmospheric water generators after China. Portable water is not sufficiently distributed in the Asia Pacific region according to the growing population. Such factors are creating good opportunities for the market in the Asia Pacific.

The North America region is expected to witness significant growth at a CAGR of 7.9% through the forecast period. The industry's growth is expected to be boosted by ideal meteorological circumstances such as high relative humidity, shrinking freshwater sources, and technological advancements. Over the forecast period, the depletion of freshwater resources, combined with years of drought in Central and South America, is expected to drive demand for these products.

The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the market dynamic, and structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.
Atmospheric Water Generator Market Scope: Inquire before buying



Atmospheric Water Generator Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
US $ 2.57 Bn.


Forecast Period 2024 to 2030 CAGR:
9.1%
Market Size in 2030:
US $ 4.73 Bn.


 Segments Covered:
by Type
Cooling Condensation
West Desiccant


by Application
Industrial
Commercial
Household



by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Atmospheric Water Generator Market Key Players:
1. Akvo Pvt. Ltd.
2. Ray Agua
3. Dew Point Mfg.
4. PlanestWater
5. Water Tech Int, Inc.
6. Hendrix Water
7. Atlantis Solar
8. EcoloBlue, Inc.
9. Air 2 Water Solution
10. Eshara Water
11. Clean Wave Product
12. Atlantis Solar
13. Water Maker India Pvt.
14. Water-Gen Ltd.
15. Atmosphere
16. Island Sky Corporation
17. Zhongling Xinquan
18. Drinkable Air Tech
Frequently Asked Questions
1) What is the expected Atmospheric water generator market CAGR?
Ans: The market expected Atmospheric water generator market is 9.1%.

2) What is the leading product type in the Atmospheric water generator market?
Ans: The Atmospheric Water Generator Market is segmented into the cooling condensation and the West Desiccation. The cooling condensation technology is majorly used in manufacturing the atmospheric water generators.

3) Which region is having the highest share in the global market?
Ans: The Asia Pacific region held the largest market share.

4) Which different key players are operating the market?
Ans: Dew Point Mfg., PlanestWater, Water Tech Int, Inc., Hendrix Water, Atlantis Solar, EcoloBlue, Inc., Air 2 Water Solution, and some others.

5) What is the market size of the atmospheric water generator market by 2030?
Ans: The expected market size of the atmospheric water generator market by 2030 is 4.73 Bn.