Press release
Global Atmospheric Water Generator Market Share to Reach $7.41 Billion by 2029, Growing at 13.8% CAGR
Atmospheric Water Generator Market Share
The growth of the atmospheric water generator market is expected to be bolstered by the intensifying water scarcity. The absence of dependable water sources or a shortfall in water supply defines water shortage. To illustrate, Global Citizen, an advocacy and international education organization based in Australia that is focused on eradicating extreme poverty, noted in February 2022 that as Africa's population continues to rise and climate change further depletes the continents finite resources, it is anticipated that nearly 230 million Africans will experience water scarcity by 2025, while as many as 460 million could reside in areas under water stress.
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How will the growth rate of the atmospheric water generator market shape industry trends by 2034?
The market size of the atmospheric water generator has seen rapid expansion in the past few years. The market is expected to increase from $3.84 billion in 2024 to $4.42 billion in 2025, with a compound annual growth rate (CAGR) of 15.3%. Factors that contributed to this growth during the historic period include the improvement of water infrastructure, a heightened demand for drinkable water, and escalating urbanization.
The market for atmospheric water generators is predicted to experience rapid expansion in the coming years, reaching $7.41 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 13.8%. This increase during the forecast period can be ascribed to factors such as growing governmental initiatives, rising global population, escalating water shortage, and a large populace residing in water-deficient countries. Key forecasts for this period feature the development of atmospheric RV water generators and 4th generation atmospheric water generators; the integration of these generators with Internet of Things (IoT), and enhanced concentration on research and development, product innovation, and strategic collaborations.
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What trends are poised to drive the future success of the atmospheric water generator market?
In an effort to improve accessibility and sustainability of water for remote living lovers and those off the grid, main companies participating in the atmospheric water generator market are concentrating on creating innovative atmospheric RV water generators, like portable atmospheric water generators. This portable device works by pulling moisture from the surrounding air and condensing it into water using a cooling method. For example, Airiver, an American company specializing in creating portable atmospheric water generators, introduced such generators in January 2023, with the primary purpose of offering an environmentally-friendly solution for easily accessible clean water to off-grid individuals and those living in remote areas. With the machine's ability to generate up to 30 liters of mineralized water daily using high-end filtration and low power consumption technology, the company aspires to solve the world's water shortage. They specifically aim to set up operations in underdeveloped areas, including Chile, Brazil, and Mexico.
Which primary segments of the atmospheric water generator market are driving growth and industry transformations?
The atmospheric water generator market covered in this report is segmented -
1) By Type: Cooling Condensation, Wet Desiccation
2) By Application: Industrial, Commercial, Residential
Subsegments:
1) By Cooling Condensation: Mechanical Cooling Systems, Thermoelectric Cooling Systems, Wet Desiccation
2) By Wet Desiccation: Desiccant-Based Systems, Solar-Powered Desiccation Systems
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Which geographical regions are pioneering growth in the atmospheric water generator market?
Asia-Pacific was the largest region in the atmospheric water generator market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the atmospheric water generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the atmospheric water generator market landscape?
Major companies operating in the atmospheric water generator market include 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.
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What Is Covered In The Atmospheric Water Generator Global Market Report?
•Market Size Forecast: Examine the atmospheric water generator market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the atmospheric water generator market for a structured understanding.
•Key Players Overview: Analyze major players in the atmospheric water generator market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the atmospheric water generator market.
•Segment Contributions: Evaluate how different segments drive overall growth in the atmospheric water generator market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the atmospheric water generator market.
•Industry Challenges: Identify potential risks and obstacles affecting the atmospheric water generator market.
•Competitive Landscape: Review strategic developments in the atmospheric water generator market, including expansions, agreements, and new product launches.
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