The global atmospheric water generator market was valued at USD 2,805.9 million in 2020 and is expected to grow at a CAGR of 32.9% over the forecast period. Over the forecast period, falling freshwater levels, together with supportive government regulations to maintain the supply of safe and clean water, are expected to boost the market penetration of atmospheric water generators.
Adroit Market Research report on global atmospheric water generator market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for the period 2018 to 2028, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with Porter's five forces analysis and company positioning based on their product portfolio, geographic footprint, strategic initiatives, and overall revenue. Prominent players operating in the global atmospheric water generator market have been studied in detail.
Rising temperatures, along with a lack of rain, have dried out lakes and riverbeds in recent years, resulting in a water crisis. Furthermore, demand for atmospheric water generators is likely to rise in the coming years as infrastructure and industrialization in developing countries such as China, India, and Brazil progress.
In 2020, cooling condensation had a market share of 89.8% of the global atmospheric water generator (AWG) market. The widespread availability of these machines, as well as their higher output efficiency, are likely to drive market expansion. Wet desiccation atmospheric water generator usage has been limited due to lower output compared to cooling condensation. Furthermore, the global wet desiccation atmospheric water generator market is projected to be hampered by intricate mechanisms and a lack of customer understanding. Continuous R&D to improve humidity extraction from the air by employing liquid brine instead of crystalline brine salt is predicted to boost market concentration in the wet desiccation market in the future years.
North America currently holds the largest share in atmospheric water generator market owing to the presence of significant number of major players across the region along with growing investments by the established firms. Furthermore, Asia Pacific is anticipated to witness highest growth rate of 34% over the forecast period.
The prominent players operating in global atmospheric water generator market includes Dew Point Manufacturing, Saisons Technocom Pvt. Ltd., Watair Inc., WaterMaker India Pvt. Ltd., Planets Water, Water Technologies International, Inc., Island Sky Corporation, Ambient Water, Fujian Yuxin Electronic Co., Ltd., Atlantis Solar, Konia , Air2Water LLC, and Eurosport Active World Corporation Technologies among other prominent players.
Key segments of the global atmospheric water generator market
Type Overview, 2018-2028 (USD Million)
- Cooling Condensation
- Wet Desiccation
Application Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa