Market Insights:
The global Atmospheric Water Generator (AWG) market was valued at USD 2.1 Bn in 2021 and is anticipated to grow at a CAGR of 9.2% and is expected to reach USD 4.7 Bn by 2030.
Driver:
The increased adoption of Atmospheric Water Generator (AWG) in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Atmospheric Water Generator (AWG) also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Atmospheric Water Generator (AWG) in many sectors also boosts the market growth during the forecast period.
Atmospheric water generators (AWG), also known as air to water systems, are devices that can extract water from moist air or water vapour. To get water, a refrigerant or desiccant is typically utilised. These systems operate on the latent heat concept. The volume and pace of water production are affected by the surrounding air’s relative humidity and temperature. As a result, these systems are suited for areas with a relative humidity of greater than 30%
Atmospheric Water Generator (AWG) Market Research Report” was just released by Market Research Community. It is divided into several categories, including type (Cooling Condensation (Power Source (Electric, Solar)), Wet Desiccation (Power Source (Electric, Solar))), application (Industrial, Commercial, Household), Capacity (Upto 60 litres, 61-500 litres, 501-1000 litres, More than 1000 litres), and companies (skywater Air Water Machines, water-gen ltd., Water Technologies International, Inc., zhongling xinquan, Aeronero, air 2 Water Solutions, akvo atmospheric water systems pvt. Ltd, Atlantis Solar, CLEAN wave products, dew point manufacturing, drinkable air technologies, ecoloblue, eshara water, genaq technologies s.l, planetswater, quench innovations, ray agua), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 9.2%, over the forecast period of 2022–2030
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 4.7 Billion |
| CAGR (2022-2030) | 9.2% |
| By Type | Cooling Condensation, Wet Desiccation |
| By Application | Industrial, Commercial, Household |
| By Capacity | Upto 60 litres, 61-500 litres, 501-1000 litres, More than 1000 litres |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | skywater Air Water Machines, water-gen ltd., Water Technologies International, Inc., zhongling xinquan, Aeronero, air 2 Water Solutions, akvo atmospheric water systems pvt. Ltd, Atlantis Solar, CLEAN wave products, dew point manufacturing, drinkable air technologies, ecoloblue, eshara water, genaq technologies s.l, planetswater, quench innovations, ray agua |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Atmospheric Water Generator (AWG) market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
skywater Air Water Machines, water-gen ltd., Water Technologies International, Inc., zhongling xinquan, Aeronero, air 2 Water Solutions, akvo atmospheric water systems pvt. Ltd, Atlantis Solar, CLEAN wave products, dew point manufacturing, drinkable air technologies, ecoloblue, eshara water, genaq technologies s.l, planetswater, quench innovations, ray agua
Market Segment Analysis:
By Type
Cooling Condensation
Power Source
- Electric
- Solar
Wet Desiccation
Power Source
- Electric
- Solar
By Application
- Industrial
- Commercial
- Household
By Capacity
- Upto 60 litres
- 61-500 litres
- 501-1000 litres
- More than 1000 litres
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Atmospheric Water Generator (AWG) industries in the region.
Key Atmospheric Water Generator (AWG) Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Atmospheric Water Generator (AWG) Market segments.
– Largest Market Share Held by Industry to Industry for Atmospheric Water Generator (AWG)
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Atmospheric Water Generator (AWG) Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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