Press release
Atmospheric Water Generator Market Analysis 2024: Segmented By Key Players, And Forecast To 2033
Atmospheric Water Generator Market
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.
Market Overview -
Atmospheric water generator (AWG) refers to a system that runs on sophisticated technology that produces potable water from the surrounding air. This product can increase water availability during scarcity, contamination, and other issues that disrupt drinking water services.
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Rising Water Scarcity Drives Growth In The Atmospheric Water Generator Market
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.
Competitive Landscape -
Major companies operating in the atmospheric water generator market report are Water-Gen Ltd., Akvo Atmospheric Water Systems Pvt. Ltd., Drinkable Air Technologies, SOURCE Global, Ray Agua, Island Sky Corporation, Water Generating Systems LLC, WAIEA Water Solutions, EcoloBlue, Drupps, Watair Inc, WaterMaker India Pvt Ltd, Planets Water, Fujian Yuxin Electronic Co Ltd, Akvosphere, Bestway (Shanghai)Technology Co. Ltd, Guangdong Laswim Water Environment Equipment Co. Ltd, Dew Point Manufacturing, Water Technologies International Inc, Skywater Air Water Machines, Hendrx Water, Energy and Water Development Corp. (Eawc), Genaq Technologies S.L., Air 2 Water Solutions, AeroNero, Tsunami Products Inc, AquaViable Solutions Inc, Canadian Dew Technologies Inc, Green Technology Global Inc, Satus Ager S.A, Tecnoseeds, GlobeNatural, De Alimentos, Adm Do Brasil Ltda, GENAQ, H2O Biofouling Solutions B.V., Eshara Water, Buserve Limited, Aqua Air Africa.
Atmospheric Rv Water Generators Transform Atmospheric Water Generator Market
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.
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Key Segments -
The atmospheric water generator market covered in this report is segmented -
1) By Type: Cooling Condensation, Wet Desiccation
2) By Application: Industrial, Commercial, Residential
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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