openPR Logo
Press release

ZharBiz International: Atmospheric Water Generator Market Worth $4.74 Billion By 2024

06-03-2019 09:04 AM CET | Energy & Environment

Press release from: ZharBiz International

ZharBiz International

ZharBiz International

The global AWG market is expected to reach USD 4.74 billion by 2024, according to a new report by Grand View Research, Inc. increasing installations of AWG at commercial places such as banks, educational institutes, and municipal agencies is anticipated to have a positive impact on the industry growth over the next eight years.

Atmospheric water generator requirements for industrial and commercial applications are formulated primarily on the basis of water output.
Efforts taken by key manufacturers and research institutes to enhance performance efficiency and reduce power consumption is expected to open new avenues for the product over the forecast period.

Capital investment, maintenance cost, and power consumption are the key criteria influencing the buyers, especially from the residential application.
As a result, the industry players are expected to invest more on innovation in the existing manufacturing process and technology used for water generation.

Rising demand for the product, particularly in water deficit regions, is expected to foresee opportunities for new market players. However, a limited number of manufacturers in the market is expected to foresee price wars which are likely to increase industry rivalry over the forecast period. A large number of buyers for AWG are concentrated in Latin America and MEA owing to water scarcity issues in the region.

• Cooling condensation dominated the industry in 2015 and is expected to grow at a CAGR of 20% from 2016 to 2024. Higher water output and less complicated mechanism as compared to wet desiccation technique are expected to be the key factor driving demand for cooling condensation AWG over the forecast period.

• Residential was the largest application segment for the product volume in 2015 and accounted for over 50% of the overall volume share in 2015. However, a significant rise in the number of AWG installations at industrial workplaces are expected to result in higher growth rates in this application as compared to its counterparts. Rapid economic and industrial development in emerging economies such as India, China, Brazil, and UAE are anticipated to drive growth over the forecast period.

• The Demand for AWG in India was valued at just under USD 66 million in 2015 and is expected to grow at a CAGR of 35% by 2024.

• Growing urbanization in the country coupled with changing consumer lifestyle is expected to increase the need for pure water. Unusual rainfalls and rising occurrence of water drought across various parts of the country are expected to drive demand for suitable water generation options over the projected period, which is likely to have a positive impact on the market growth.

The key player in the industry: ZharBiz WaterMicronWorld

Website: https://zharbiz-watermicro7.wixsite.com/mysite

Zharbiz International and Aarogya JCH is an Eastwood City, Philippines based advisory firm specializing in Government, private sector projects along with operations in Renewable Energy, Education, Printing, Entertainment, Commodity Trading and Innovative Technology Base Development and Service Orientated Organization.

The firm has a global presence aided by an experienced team of professionals with focus on Philippines, Indonesia, Malaysia and Vietnam.

We, at Zharbiz have established a team to ensure that our service is delivered with the highest standards.

15K Cyber One Office Bldg., Eastwood Ave., Bagumbayan
Quezon City, Metro Manila, Philippines 1110

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ZharBiz International: Atmospheric Water Generator Market Worth $4.74 Billion By 2024 here

News-ID: 1761481 • Views:

More Releases from ZharBiz International

Claned ZharBiz International Applies Artificial Intelligence Learning Research
Claned ZharBiz is designed to capture data on every interaction students make with the system. Interactions occur when students read, write, collaborate, organize and plan – everything that students do. This results in a comprehensive insight that demonstrates the student’s study performance and learning orientation, but also motivation, emotion and stress levels. Claned ZharBiz applies artificial intelligence and learning research, revealing what factors impact individual learning. The product concept is based
ZharBiz International Office In India 2019
ZharBiz International Office In India 2019
After schooling, Mr Shankar took up Commerce graduation in Honors degree and later did Post Graduation in Law from Delhi University with very high academic standards. Due to his legal background, he started his career as a Tax Consultant at the age of 20 and after a short stint with Kirloskar and Eicher groups, joined KLM Royal Dutch Airlines at their office in New Delhi. Within a few years of joining
ZharBiz International-Philippines Top Advisory Firm 2019
ZharBiz International-Philippines Top Advisory Firm 2019
Zharbiz International and Aarogya JCH is an Eastwood City, Philippines based advisory firm specializing in Government, private sector projects along with operations in Renewable Energy, Education, Printing, Entertainment, Commodity Trading and Innovative Technology Base Development and Service Orientated Organization. The firm has a global presence aided by an experienced team of professionals with focus on Philippines, Indonesia, Malaysia and Vietnam. We, at Zharbiz have established a team to ensure that our service
ZharBiz WaterMicronWorld-Pakistan is facing a Serious Water Crisis 2019/2020
ZharBiz WaterMicronWorld-Pakistan is facing a Serious Water Crisis 2019/2020
About 92 per cent of Pakistan is classified as semi-arid to arid, and the vast majority of Pakistanis are dependent on surface and groundwater sources from a single source—the Indus River basin. Pakistan is one of the fastest-growing nations in the world. It had a population of 170 million in 2011. Five years later, that population crossed over the 200 million mark. The country is grappling with the same sorts of growing pains

All 5 Releases


More Releases for AWG

Global Atmospheric Water Generator (AWG) Market Analysis by 2020-2025
Scope of the Report: The global Atmospheric Water Generator (AWG) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 13.3%% in the forecast period of 2020 to 2025 and will expected to reach USD 313.8 million by 2025, from USD 190.4 million in 2019. Market segmentation Atmospheric Water Generator (AWG) market is split by Type and by Application. For the period 2015-2025,
Arrayed Waveguide Grating (AWG) Industry Data Statistics Analysis by 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Arrayed Waveguide Grating (AWG)  industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Arrayed Waveguide Grating (AWG)  and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). GLOBAL INFO RESEARCH added a new research report to its exhaustive repository. The research report, titled [Global Arrayed Waveguide Grating (AWG)
Arrayed Waveguide Grating (AWG) Market: Competitive Dynamics & Global Outlook 20 …
Market Research Report Store offers a latest published report on Arrayed Waveguide Grating (AWG) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. NTT is the leading manufacturer in the global arrayed waveguide grating (AWG) market with the market share of 39%. The Arrayed Waveguide Grating (AWG) market was valued at 89 Million US$ in 2018 and is projected to reach 169.9
Atmospheric Water Generator (AWG) Market Demand by 2025: QY Research
Global Atmospheric Water Generator (AWG) Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2018 to 2025. The report of global Atmospheric Water Generator (AWG) market includes the competitive
Global Atmospheric Water Generator (AWG) Market to Witness a Pronounce Growth Du …
New report published by Market Research Report Store (MRRS) which offers insights on the global Atmospheric Water Generator (AWG) market. Atmospheric water generators are useful where pure drinking water is difficult or impossible to obtain, because there is almost always a small amount of water in the air that can be extracted. In addition to atmospheric water production, the Appliance can also be used as a conventional water purifier by connecting
Atmospheric Water Generator (AWG) Market Progresses for Huge Profits by 2026
An atmospheric water generator is an appliance that uses the technology of dehumidification or condensing for extracting water from the surrounding air. The resulting water is clean and free of bacteria and chemicals. Atmospheric water generators are reliable sources of clean and safe water in areas where water is scarce or polluted. These atmospheric water generators are suitable for domestic applications, community, military, government, and institutional purposes. Implementation of technology with