Atmospheric Water Generator Market 2024: Technology, Future Trends, Top Key Players: Planets Water, Island Sky Corporation, Water Technologies International, Ambient Water, Fujian Yuxin Electronic, Atlantis Solar
Atmospheric water generator market demand from residential is expected to install over 100 thousand units by 2024 and is predicted to gain over 30% from 2016 to 2024.Growing demand for large scale installations across residential buildings will favor the industry growth. High investment in construction sector mainly from Nigeria and Ghana will positively influence the atmospheric water generator market share growth in future.
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Declining natural fresh water reserves due to global climate change may fuel product demand. Strict regulatory norms led by EU and U.S. to ensure safe water supply to general public along with various manufacturers engaged in technological innovations to design efficient water generator which could reduce environmental concerns.
Atmospheric water generator market share from cooling condensation is predicted to growth over 30% from 2016 to 2024. Advancement of technology with growing demand for water from dry zones may further complement the business growth.
Growing environmental concerns including high carbon foot print along with high power consumption may limit industry growth. However, key players developing technologies to increase sales in residential and commercial sector may drive atmospheric water generator market.
China atmospheric water generator Market is expected to reach USD 1.5 billion by 2024. Prolong water scarcity along with availability of substantial number of manufacturers and labors to produce high quality product may drive regional industry growth.
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Brazil atmospheric water generator market share from cooling condensation is projected to witness growth over 30% in near future. It includes condenser, evaporators, dehumidifier and other compressor components.
France atmospheric water generator market share demand from commercial applications is set to growth over 20% in coming year. Increasing demand from theatres, hotels, commercial building and army base camps will further augment the business growth from2016 to 2024.
U.S. atmospheric water generator market may register gains at over 25% by 2024. Growing number of installation due to increasing awareness regarding AWG systems to offer pollutant free water may favor regional growth.
Major industry players include Dew Point Manufacturing, Saisons Technocom Pvt. Ltd., Watair Inc., WaterMaker India Pvt. Ltd, Planets Water, Island Sky Corporation, Water Technologies International, Inc., Ambient Water, Fujian Yuxin Electronic Co., Ltd., Eurosport Active World Corporation Technologies, Atlantis Solar, Konia, Air2Water LLC, Water-Gen Ltd, and Ecoloblue, Inc.
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