Atmospheric Water Generator Market By Type (Cooling Condensation, Wet Desiccation), By Capacity (Upto 60 litres, 61-500 litres, 501-1000 litres, More than 1000 litres), By Application (Residential, Non-Residential): Global Opportunity Analysis and Industry Forecast, 2024-2033
The global atmospheric water generator market was valued at $2.7 billion in 2023, and is projected to reach $10.8 billion by 2033, growing at a CAGR of 14.8% from 2024 to 2033. Atmospheric water generators obtain drinking water through the condensation of water vapor contained in the atmospheric air. It uses the thermodynamic cycle with mechanical refrigeration technology and an advanced electronic control. Technology advancements have been made to boost effectiveness and, consequently, minimize energy use and optimize water generation.
The automatic water generators involve air and water treatments by removing suspended particles and volatile organic compounds present in water vapors. It ensures optimal conservation of stored water to guarantee the greatest quality of water and to promote water mineralization for drinking purpose. Water scarcity is an escalating global issue, affecting both developed and developing nations. The United Nations reports that approximately 2.2 billion people lack access to safely managed drinking water services. Climate change exacerbates this problem by altering precipitation patterns and reducing the availability of freshwater resources. The World Bank estimates that by 2025, half of the world’s population will be living in water-stressed areas. For instance, nearly 600 million people in India face high to extreme water stress, according to the NITI Aayog. In the United States, over 40% of the population relies on groundwater for drinking, which is being depleted faster than it can be replenished, as indicated by the U.S. Geological Survey (USGS). These statistics highlight the urgent need for alternative water sources like atmospheric water generators (AWGs), which can extract water from humid air and provide a reliable supply of potable water, addressing the growing global water scarcity.There is a wide range of automatic water generators available in the market that can harvest water vapors from air with relative humidity near to 25%, however the ideal relative humidity for water generation from air is 40%.
Moreover, government of various countries are installing atmospheric water generators for safe drinking water and to reduce wastage of water. For instance, in June 2021, a Watergen GEN-M atmospheric water generator was installed at the Treasure Cay Community Building and Medical Clinic in Bahamas, providing a much-needed clean drinking water solution to this struggling community. Thus, rise in demand for atmospheric water generator for non-residential and residential purposes is a major driver for the growth of atmospheric water generator market. The market is segmented on the basis of type, capacity, application, and region. On the basis of type, the market is divided into cooling condensation and wet desiccation.
On the basis of capacity, the market is divided into up to 60 liters, 61-500 liters, 501-1000 liters, and more than 1,000 liters. By application, the market is divided into residential and non- residential. Region-wise, the market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the atmospheric water generator market are PLANETSWATER, Ecoloblue, Quench Innovations, SkyWater Air Water Machines, Water Technologies International, Inc., Drinkable Air Technologies, Atlantis Solar, Clean Wave Products, GENAQ, Watergen, Eshara Water, Akvo Atmospheric Water Systems Pvt. Ltd, DewPoint Systems, Mayaqwa, AERONERO, Air 2 Water Solutions, FUJIAN WANJUAN TECHNOLOGY CO.,LTD.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the atmospheric water generator market analysis from 2023 to 2033 to identify the prevailing atmospheric water generator market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the atmospheric water generator market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global atmospheric water generator market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeCooling Condensation
Wet Desiccation
By CapacityUpto 60 litres
61-500 litres
501-1000 litres
More than 1000 litres
By ApplicationResidential
Non-Residential
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Netherlands
Sweden
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Thailand
Indonesia
Vietnam
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Nigeria
Rest of LAMEA
Key Market PlayersAERONERO
Air 2 Water Solutions
Akvo Atmospheric Water Systems Pvt. Ltd.
Atlantis Solar
Clean Wave Products
DewPoint Systems
Drinkable Air Technologies
Ecoloblue
Eshara Water
FUJIAN WANJUAN TECHNOLOGY CO., LTD.
GENAQ
Mayaqwa
PLANETSWATER
QUENCH INNOVATIONS
SkyWater Air Water Machines
Watergen
Water Technologies International, Inc.