Declining Availability of Fresh Water to Shape Development of Atmospheric Water Generator Market
Transparency Market Research presents a new market study on the global atmospheric water generator market for the 2016-2023 period. The research report is an in-depth analysis of the market dynamics, growth trends, and development opportunities of this market during the aforementioned forecast period. The report’s title is “Atmospheric Water Generator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023.”Atmospheric water generation involves obtaining water of several purity grades from the atmosphere. The steady decline in the availability of fresh water, mainly due to human activities, has led to the increasing demand for atmospheric water generation over the past couple of years.
The global market for atmospheric water generators is primarily driven due to the increasing realization of the implications of climatic change on the availability of fresh water. Rapid industrialization and urbanization have had a considerable part in exacerbating global climatic change leading to the reduced availability of natural resources. To address this, several governments worldwide are striving to develop infrastructure for atmospheric water generation to serve residential and industrial needs.
However, the established use of water desalination for obtaining water from the atmosphere is restraining the growth of this market. Nevertheless, the cost advantage and higher output of atmospheric water generators over water desalination will lead to increased growth opportunities for the market for atmospheric water generators.
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By technique, cooling condensation and wet desiccation are the two segments of this market. Of the two, cooling condensation accounts for the larger market share due to ease of use and high efficiency of this system. The cooling condensation segment is expected to dominate the market until the end of the forecast period. However, the demand for wet desiccation systems is expected to be on the rise owing to a few operational advantages over cooling condensation systems. The lower electricity consumption of wet desiccation systems combined with R&D to improve the performance of substances to soak water is predominantly fuelling growth of the wet water desiccation systems. This is offering lucrative research opportunities for players in the global atmospheric water generator market.
Asia Pacific is expected to emerge as a significant market for atmospheric water generators. The rapid urbanization in this region, in conjunction with the rampant industrialization, has been instrumental in fuelling growth of the atmospheric water generator market in this region. The Middle East and Africa is also anticipated to emerge as a key market for atmospheric water generator. This is mainly due to the excessive water scarcity and high costs of setting up desalination plants to offset the limited availability of fresh water.
Some of the key players in the global market for atmospheric water generator are Saisons Technocom Pvt. Ltd., Atlantis Solar, WaterMaker India Pvt. Ltd., Dew Point Manufacturing, Island Sky Corporation, and Air2Water LLC.
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