Atmospheric Water Generator Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

 Atmospheric water generator (AWG) market size is set to grow at a CAGR of 23% during the forecast period 2020-2025 and projected to reach $3 billion by 2025. The AWG is an ideal solution designed to provide drinkable water by extracting water from the humid ambient air, unlike a dehumidifier and fulfills the accessibility to pure drinking water as well. Stenocara gracilipes the natural ability to act as the best solution to extract water from the atmosphere. Additionally, AWG is advantageous when compared to reverse osmosis-based water purifiers as it never waste water during the process of purification. The wide-spread use of solar-powered AWGs in military use, refugee camps, and off-grid communities, especially in remote areas is contributing to the expansion of the global atmospheric water generator market size.  

Report Coverage

The “Atmospheric Water Generator Market Report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the atmospheric water generator Industry.

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Key Takeaways

·APAC held a larger share in the atmospheric water generator market, as of 2018. It is majorly owing to the increasing demand for pure water which is free from biologic contamination and low mineralization and a rise in consumer awareness in eminent countries such as China and India.

·The growing acceptance of solar AWGs that employ solar thermal energy to produce water is gaining traction from the hot and humid regions. This is because it reduces electricity costs and dependency of the irregular power supply is likely to aid in the market growth of the AWG.

·The advancements in the product such solar panels which are intended to offer on-board power supply are creating a significant number of opportunities for the atmospheric water generator market during the forecast period.

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Product Type - Segment Analysis

Presently, the cooling condensation AWG held the largest share in the atmospheric water generator market size in 2018. It is mainly due to the advancements in technology that supports reducing both power usage and cost is set to augment the growth of the AWG market.

On the other hand, cooling condensation AWG machines possess a competitive advantage, offer a higher output in comparison with wet desiccation type AWGs. Furthermore, the unique replacement of crystalline brine salt with liquid brine resulted in the improved humidity extraction from the air and driving the demand for cooling condensation AWG.

Application - Segment Analysis

In 2018, the residential application occupied a major share in the global atmospheric water generator market. The demand for these machines to fulfill the raised needs due to the growing awareness about water scarcity issues. In addition to this, the rapid pace of urbanization coupled with a shift in consumer behavior also impacts the AWG role in a residential application. Moreover, the increase in the frequencies of water deficiency and unusual rainfalls, worldwide, is determining the growth of AWGs across the residential sector. Besides, the rise in the necessity for pure water, especially in industrial applications, as the industrial players are encouraging the adoption of environment-friendly practices.

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