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Atmospheric Water Generator Market Is expected to grow at a CAGR of 22.27% by 2030 : Cognitive Market Research

02-02-2023 10:58 AM CET | Industry, Real Estate & Construction

Press release from: Cognitive Market Research

Atmospheric Water Generator Market Is expected to grow at a CAGR of 22.27% by 2030 : Cognitive Market Research

Atmospheric Water Generator Market Is expected to grow at a CAGR of 22.27% by 2030 : Cognitive Market Research

The global atmospheric water generator market is expected to grow at a CAGR of 22.27% from 2023 to 2030.

Continuous research and development regarding water generation and equipment which also perform cost reduction. And increasing demand for AWGs from large scale industries which include oil & gas, steel, and paper. All these things create positive impact on the industry growth. So, basically, these are the driving important driving factors for global atmospheric water generator market.High energy consumption and production cost is hindering the growth of the global atmospheric water generator market. Also, lack of consumer awareness related to wet desiccation atmospheric water generator are acting as the restraining factors of this market and complex mechanism of the wet desiccation all this factors majorly hamper the growth of the global atmospheric water generator market.

- On the basis of Product, the Global Atmospheric Water Generator market is segmented into cooling condensation, and wet desiccation. Among them cooling condensation is projected to be the fastest-growing end-use industry of the global Atmospheric Water Generator market during the forecast period. Due to the advancements in technology reduce both power usage and cost. And this cooling condensation AWG machines offer a higher output in comparison with wet desiccation. In addition, this segment improved humidity extraction from the air.

Product Type
• Cooling Condensation
• Wet Desiccation

- The Atmospheric Water Generator market is classified into industrial, commercial, residential. Industrial segment was the largest end user of atmospheric water generator market. Growing demand for pure water in industrial applications coupled with adoption of environment friendly practices by various industrial players may have positive impact on this market. Residential segment is projected as the fastest growing segment in the global atmospheric water generator market. Due to the rapid growth in urbanization impacts the atmospheric water generator role in a residential application. Also, increase in the frequencies of water deficiency and unusual rainfalls demand the atmospheric water generator in a residential application.

Applications
• Industrial
• Commercial
• Residential

Global Atmospheric Water Generator Market: Major Key Players
• Fujian Yuxin Electronic Co., Ltd.
• Dew Point Manufacturing
• Alchemy Sun and Water
• Ambient Water Corporation
• Aquacello
• Atlantis Solar
• Atmospheric Water Solutions, Inc.
• Canadian Dew Technologies Inc.
• CYBEXNT Group
• Drinkable Air, Inc.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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