The Atmospheric Water Generator by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Atmospheric Water Generator, The atmospheric water generator market size has grown rapidly in recent years. It will grow from $3.14 billion in 2023 to $3.67 billion in 2024 at a compound annual growth rate (CAGR) of 17.0%. The growth in the historic period can be attributed to strengthening water infrastructure, increasing demand for potable water and rising urbanization.
The atmospheric water generator market size is expected to see rapid growth in the next few years. It will grow to $6.04 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to increasing government initiatives, increasing world population, increasing water scarcity and high number of people living in water-stressed countries. Major trends in the forecast period include developing atmospheric rv water generators, developing 4th generation of atmospheric water generators, developing internet of things (iot) integrated atmospheric water generators, focusing on research and developments, focusing product innovation and focusing strategic partnerships.
The increasing water scarcity will support the growth of the atmospheric water generator market. Water shortage is characterized as a lack of safe water sources or a water deficiency. For example, in February 2022, according to Global Citizen, an Australia-based international education and advocacy organization working to catalyze the movement to end extreme poverty, as Africa’s population continues to grow and climate change continues to rob the continent of its finite resources, it is predicted that by 2025, close to 230 million Africans will be facing water scarcity, and up to 460 million will be living in water-stressed areas.
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The atmospheric water generator market covered in this report is segmented –
1) By Type: Cooling Condensation, Wet Desiccation
2) By Application: Industrial, Commercial, Residential
Atmospheric RV water generators are a key trend gaining traction in the atmospheric water generator market. Major companies operating in atmospheric water generators are focusing on atmospheric RV water generators and developing new products to strengthen their position in the market. For example, in 2021, Watergen Ltd, an Israel-based company that develops water-from-air solutions, launched an aftermarket water generator for recreation vehicles and campers. The Watergen ON Board uses air humidity to generate more than 10 gallons of fresh, pure drinking water each day, all without the need for a water supply or water hookup from outside. The device is simply plugged into any 12V power source, including solar panels and batteries.
The atmospheric water generator market report table of contents includes:
1. Executive Summary
2. Atmospheric Water Generator Market Characteristics
3. Atmospheric Water Generator Market Trends And Strategies
4. Atmospheric Water Generator Market – Macro Economic Scenario
5. Global Atmospheric Water Generator Market Size and Growth
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26. South America Atmospheric Water Generator Market
27. Brazil Atmospheric Water Generator Market
28. Middle East Atmospheric Water Generator Market
29. Africa Atmospheric Water Generator Market
30. Atmospheric Water Generator Market Competitive Landscape And Company Profiles
Top Major Players:
- Water-Gen Ltd
- Akvo Atmospheric Water Systems Pvt. Ltd
- Drinkable Air Technologies
- SOURCE Global
- Ray Agua
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