About Atmospheric Water Generator
An atmospheric water generator is a device which is used to extract water from humid ambient air. Condensation is done to extract water vapor from the air, cooling the air below its dew point, so as to expose the air to desiccants, or pressurizing the air. An atmospheric water generator (AWG) is intended to render the water potable, unlike a dehumidifier. It is widely used in the many regions of the world, where pure drinking water is challenging or even impossible to obtain. By water generation technique such as cooling condensation, as well as wet desiccation, water can be generation.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The key players in the global Atmospheric Water Generator (AWG) market adopt different key strategies, such as product launch, expansion through distributors, collaboration, agreement, and government funded projects to withstand in the global competitive market. Some of the key players in the market are Hendrx, Air2Water, ZeroMass Water, Watair, Atlantis Solar, Dew Point Manufacturing, EcoloBlue, Inc., Watergen, and others. For iNstance, in January 2019, Watergen has introduced its groundbreaking water-from-air technology at (CES) Consumer Electronics Show that was held in Las Vegas. Watergen has introduced “Genny”, the atmospheric water-generator for at-home use. Genny generates clean, filtered, drinkable water from thin air. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Atmospheric Water Generator market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HENDRX WATER (China), GR8 Water, Inc. (United States), Shenzhen FND (China), Air2Water LLC. (United States), EcoloBlue Inc. (United States), Island Sky Corporation (United States), Drinkable Air Inc. (United States), DewPoint Manufacturing (Canada), Water-Gen (Israel) and Ambient Water Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are SKY H2O (United States), Planets Water Corp. (United Kingdom), WaterMaker India (India), Atlantis Solar (United States), Watair (United States), Zero Mass water (United States), Roxy Exports Limited (India), Adder Hill. (United Kingdom), Akvo. Atmospheric Water Sytems Pvt. Ltd. (India), Aqua Sciences, Inc. (United States) and GENAQ Technologies S.L (Spain).
Segmentation Overview
AMA Research has segmented the market of Global Atmospheric Water Generator market by , Application (Residential, Commercial, Industrial, Government and Army and Others) and Region.
On the basis of Type, Below 100 Liters/day are dominating the market in the year 2023On the basis of application, Residential segment is dominating the market in the year 2023On the basis of geography, the market of Atmospheric Water Generator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Water Generation Technique, the sub-segment i.e. Cooling Condensation will boost the Atmospheric Water Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Production Volume Rate, the sub-segment i.e. Below 100 Liters/day will boost the Atmospheric Water Generator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Scarcity of Drinking Water and Depletion of Fresh Water Sources and Easy Operation and High Output Ratio of AWG Equipment
Challenges:
High Energy Consumption
Restraints:
High Cost of AWG
Opportunities:
Advancements in AWG, Such as Use of Solar Panels and On-Board Power Supply Systems and Increasing Government Initiatives in Establishment of AWG
Market Leaders and their expansionary development strategies
In
In August 2023, Spout is launching an atmospheric water generator, designed by Bould, that can produce two and a half gallons of potable water each day.
Analyst View
It is estimated that 2.5 to 2.7 % of total water are drinkable on earth in which around two per cent are frozen in glaciers. These limited water sources too, are depleting at a fast pace.This huge gap between water demand and supply has led to development of renewable, sustainable yet affordable water harvesting solutions where, atmospheric water generator application seems to be indispensable.
Key Target Audience
Atmospheric Water Generator Manufacturers, Raw Materials Suppliers, Government and Research Organizations, Industry Associations, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.