The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Atmospheric Water Generator (AWG) Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Atmospheric Water Generator (AWG) Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, Atmospheric Water Generator (AWG) Market size is valued at around USD 2.21 billion in 2024 & is estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Atmospheric Water Generator (AWG) Market Segmentation?
The report has segmented the market into the following categories:
By Technology
- Cooling Condensation- Market Size & Forecast 2019-2030, Units
- Liquid/Wet Desiccant- Market Size & Forecast 2019-2030, Units
When considering segmentation based on technology, of the Global Atmospheric Water Generator Market, the cooling condensation segment holds the largest market share. The main reason is due to the simpler nature of the technology. The process involves cooling the humid air to a temperature where it condenses to form water vapor. This makes it an effective method as almost all the leading companies are offering their AWG products based on cooling condensation. It is generally recognized as the mature and viable option to be employed in AWGs to be used across residential, commercial, and industrial applications. Due to these important metrics, cooling condensation has been widely accepted and preferred technology for water extraction via AWG.
By Application
- Industrial- Market Size & Forecast 2019-2030, Units
- Commercial- Market Size & Forecast 2019-2030, Units
- Residential- Market Size & Forecast 2019-2030, Units
- Government- Market Size & Forecast 2019-2030, Units
By Type
- Static- Market Size & Forecast 2019-2030, Units
- Mobile- Market Size & Forecast 2019-2030, Units
By Capacity
- Lower Capacity Models (Upto 50L per day)- Market Size & Forecast 2019-2030, Units
- Medium Capacity Models (From 50L to 500L per day)- Market Size & Forecast 2019-2030, Units
- Higher Capacity Models (More than 500L per day)- Market Size & Forecast 2019-2030, Units
By Region
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
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Key Factor Driver Atmospheric Water Generator (AWG) Industry Growth by 2030
Rising Consumption of Clean & Fresh Drinking Water in Water Scarce Regions – The depleting water reserves and freshwater sources in the southern hemisphere are pressing the need for alternate sources of water harnessing. As of 2024, the agriculture sector accounted for 70% of the freshwater usage, industries consume about 19% and domestic usage made up around 11% across the globe. With the rise in urbanization and construction activities, there has been an increase in water demand in countries like India, China, GCC member countries, Indonesia, the Philippines, etc. At the current trend, it is estimated that the water demand will outpace its supply. According to the World Economic Forum, by 2030, the demand for freshwater will exceed its supply by 40%.
Who are the Key Players Operating in the Atmospheric Water Generator (AWG) Industry?
The top companies of the Atmospheric Water Generator (AWG) market ruling the industry are:
- Akvo Atmospheric Water Systems Pvt. Ltd. (Akvosphere)
- Planets Water
- Islandsky (SkyWater)
- Drinkableair Technologies
- Zhongling Xinquan (Fujian) Air Drinking Water Technology Co., Ltd. (Hendrx)
- GENAQ
- Watergen
- MAYAQWA
- AW International Ltd.
- AirOWater (Dewpoint)
- SkyWell
- WatAir
- Veragon
- WAIEA Water
- Drupps
- MAITHRI Aquatech
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FAQs (Frequently Ask Questions)
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