Press release
Atmospheric Water Generator Market share to grow at 30% CAGR from 2016 to 2024
The research report “Atmospheric Water Generator (AWG) Market Size By Product (Cooling Condensation, Wet Desiccation), By Application (Industrial, Commercial, Residential), Regional Outlook (U.S., Germany, UK, France, Italy, China, India, Indonesia, Malaysia, Thailand, Australia, Brazil, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2024” by Global Market Insights, Inc. says Atmospheric Water Generator (AWG) Market size is set to exceed USD 8 billion by 2024; driven by technological innovation.Rising awareness of adverse effects climate change on fresh water, depleting water resources, declining availability of fresh water and increasing infrastructure development is anticipated to propel demand for fresh water for residential and industrial purposes. Changing consumer trends with preference to residential generators over filters owing to the availability of clean drinking water is likely to further the market growth.
Atmospheric Water Generator (AWG) Market size is forecast to be worth USD 9.3 billion by 2022, at a growing CAGR of 37.4% from 2015 to 2022. The report provides in-depth analysis of the AWG market including restraints, drivers, opportunities, challenges and key trends influencing the market.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/186
The report features:
Market overview with definitions, application, and segmentation
A perspective on various factors influencing market growth
Pin-point analysis with competitive dynamics
Current market scenario and a seven year forecast
The key product segmentation and their outlook
Insights of market with in-depth analysis of market segments
In spite of the domination of cooling condensation systems in the global AWG market, the wet desiccation segment is likely to witness growth in the near future owing to high power consumption of cooling condensation systems . Investments in R&D to develop clean and low cost technology is lileky to provide highly lucrative research opportunities for participants in the AWG market. Wet desiccation machine segment is forecast to witness significant growth with over 40% CAGR during the projected time frame.
Residential atmospheric water generator market share is expected to persist its dominance in application segment. Industrial applications are anticipated to observe growth and attain high gains at a projected CAGR of more than 37% over the next 7 years.
Asia Pacific is likely to continue its dominance the regional segment, driven by China and India owinbg to rising commercial and industrial expenditure. Middle East & Africa AWG market is estimated to witness high growth rates at a CAGR of more than 38% by 2022.
The report features competitive analysis of the market with key participants in the market profiled in the report coupled with their business strategies, finance metrics and key trends. Companies such as Planet Water, Watair Inc., and Dew point are engaged in AWG manufacturing. Key players in this market include WaterMaker India., Saisons Technocom., Ambient Water and Island Sky Corporation, Water Technologies, Fujian Yuxin Electronic Co., Ltd, Air2Water LLC, Atlantis Solar, Water-Gen Ltd, Ecoloblue, Inc. and Konia,
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/186
Browse Related Reports:
Wastewater Treatment Equipment Market Size, Industry Analysis Report, Regional Outlook (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2016 – 2023
https://www.gminsights.com/industry-analysis/wastewater-treatment-equipment-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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