Atmospheric Water Generator Market Share, Size, Trends, Industry Analysis Report, By Type (Cooling condensation, Wet Desiccation); By Application (Industrial, Commercial, Residential), By Region; Segment Forecast, 2022 - 2030

Atmospheric Water Generator Market Share, Size, Trends, Industry Analysis Report, By Type (Cooling condensation, Wet Desiccation); By Application (Industrial, Commercial, Residential), By Region; Segment Forecast, 2022 - 2030

The global atmospheric water generator market size is expected treach USD 4.50 billion by 2030 according ta new study by Polaris Market Research. The report “Atmospheric Water Generator Market Share, Size, Trends, Industry Analysis Report, By Type (Cooling condensation, Wet Desiccation); By Application (Industrial, Commercial, Residential), By Region; Segment Forecast, 2022 – 2030” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

Key factors responsible for the industry growth include climate change, water shortage, rising demand for freshwater, rapid industrialization, population growth, and favorable government initiatives. Global water demand for all purposes is anticipated tincrease by approximately 30% worldwide. Tcope with growing demand, governments of several countries improve their water infrastructure by adopting technologies like atmospheric water generators.

Last year the U.S. government granted USD 55 Bn for the water infrastructure and development projects. Moreover, the rapid growth of several sectors requiring more than 1,000 liters of water per day is estimated timpact the industry positively. Many end-use industries such as chemical, fashion, food, and beverage are growing rapidly in Asia Pacific and other developing regions.

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High initial investment and power limit the use of AWGs in several residential applications. Furthermore, the complicated mechanism associated with wet desiccation AWGs and a lack of consumer awareness about wet desiccation technology are anticipated tnegatively impact the industry’s growth. Also, the presence of alternative and widely adopted technology known as desalination is expected thave a negative impact on the development of the global industry.

Asia Pacific is estimated tcapture the highest industry share due tthe water crisis, population boom, and rapid growth of the industrial sector. The Middle East and Africa region is anticipated tgrow at a high CAGR owing tthe increasing adoption of AWGs in UAE and Gulf countries.

Market participants such as AkvAtmospheric Water Systems Pvt. Ltd., Air2Water LLC, Atlantis Solar, Drinkable Air, SkyWater Air Water Machines, Dew Point Manufacturing, EcoloBlue, Inc., Eshara Water, GENAQ Technologies S.L., Hendrix Water, Energy and Water Development Corp, PlanetsWater, Ray Agua, and Water Technologies International, Inc. are some of the key players operating in the global industry.

In February 2022, World Environmental Solutions Pty Ltd and Net ZerRenewable Energy Inc. signed an agreement tdevelop the Sola Hydra Cube design for household and commercial AWGs. The strategic partnership will help both the companies tacquire a competitive edge in the worldwide industry by producing clean drinking water using renewable energy. Moreover, in March 2022, the Central Railway of India announced installing water generators at 14 locations across its Mumbai Division’s eight stations, including Sion Kurla, Kalyan, Thane, CSMT, Dader, and others, under a non-fair revenue scheme.

Polaris market research has segmented the atmospheric water generator market report on the basis of type, application, and region:

Atmospheric Water Generator, Type Outlook (Revenue – USD Billion, 2018 – 2030)

• Cooling condensation
• Wet Desiccation

Atmospheric Water Generator, Application Outlook (Revenue – USD Billion, 2018 – 2030)

• Industrial
• Commercial
• Residential

Atmospheric Water Generator, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

• North America
• U.S.
• Canada
• Europe
• France
• Germany
• UK
• Italy
• Netherlands
• Spain
• Russia
• Asia Pacific
• China
• India
• Japan
• Malaysia
• South Korea
• Indonesia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa