WaterMicronWorld-Atmospheric Water Generator (AWG) Market Size By Application (Commercial, Industrial, Residential), By Product (Wet Desiccation, Cooling Condensation), Industry Analysis Report, Regional Outlook, Application Development, Price Trend, Comp
Atmospheric Water Generator (AWG) market size is expected to reach USD 10.3 billion by 2022, growing at a CAGR of 37.4%
Declining availability of fresh water and depleting water resources coupled with growing infrastructure development is expected to increase demand for fresh water for industrial as well as drinking purposes. This factor is anticipated to drive atmospheric water generator market size for the next seven years.
The per capita water availability has fallen significantly during the past decade. During the period between 1993 and 1997 global average per capita availability of water from renewable sources stood at 25042.5 m3/ person/ year; it declined to 19684.2 m3/ person/ year during the period 2007 to 2012, a decline of 21.4%. It is currently estimated to 19422.3 m3/ person/ year.
Rising temperatures coupled with scanty rainfall has led to drying of river beds and lakes causing water shortage. In addition, growing industrialization and infrastructure development particularly in developing countries has led to water scarcity. This factor is also likely to drive atmospheric water generator market demand.
Government policies and initiatives such as Safe Drinking Water Act in US, Drinking Water Directive in the EU nations, DWQS in Japan and National Rural Drinking Water Program in India are all aimed at supporting AWG market growth by ensuring safe potable water availability for the populace. According to WHO statistics, over 50% of the global pollution is affected by water-borne diseases. As a result, water generated through AWG systems is an effective alternative providing contaminant-free water by condensing filtered air through various filtration processes.
Cooling condensation was the dominant machine type and generated revenue estimated at over USD 850 million in 2014. Higher output efficiency coupled with widespread availability of these machines contributed to its dominant share. Technology innovation related to reducing power consumption coupled with manufacturing machines with on-board power supply is likely to drive cooling condensation systems.
Wet desiccation machines consisted of over 8500 units globally and are likely to grow at significant rates with more than 40% CAGR by 2022. Technology upgrade related to replacement of crystalline brine salt with liquid brine in order to improve humidity extraction from air is anticipated to increase demand over the next years.
Residential atmospheric water generator market witnessed largest installation of these systems with total number of consolidated installations crossing 400,000 units in 2017. Increasing consumer awareness regarding the technology befits from these systems are likely to drive atmospheric water generator market growth in residential applications.
Industrial applications accounted for more than 55% of the total demand and are likely to witness growth rates at an estimated CAGR of over 40% by 2022. They are primarily employed in Oil & Gas industries particularly in Middle East an industry which requires water output of over 20,000gallons/day.
Asia Pacific, driven by Thailand, India and China atmospheric water generator market size, was the dominant region valuation of over USD 800 million in 2014. Increasing residential & commercial spending in regions such as Thailand, China, India and Indonesia is likely to drive regional demand. Factors such as presence of vast number of component manufacturers coupled with availability of low manufacturing & labor costs is also likely to fuel demand.
Middle East & Africa (MEA) atmospheric water generator market share accounted for more than 37% of the total demand in 2014 and is likely to witness highest gains at a CAGR of over 58% up to 2022. Fresh water reserve deficits in the region coupled with high investments cost for installing desalination plants is likely to drive AGY system demand in MEA.
Competitive Market Share
The global atmospheric water generator market share is characterized by numerous component suppliers responsible for supplying parts for manufacturing atmospheric water generator. These manufacturers source parts including water level indicators, temperature and pressure sensors, condensers, evaporators and compressors.
Companies such as WaterMicronWorld,Ltd are the leaders engaged in atmospheric water generator manufacturing.
“Every Drop Counts”
WaterMicronWorld is the leader in the manufacture, marketing and distribution of highly advanced atmospheric water generators that extract the moisture from the air and converts it into clean, pure drinking water. Water, essential for all aspects of life, is the world's most valuable commodity and is becoming increasingly scarce.
WaterMicronWorld Atmospheric Water Generators units can generate from 30, 60, 100 , 160, 200, 250, 500, 1,000, 1200, 1500, 3000, 5000 liters of pure drinking water per day. The unique compact systems are ideal for Hotels, Schools, Office buildings, Housing developments, Hospitals, Marine and small Municipal applications.
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release WaterMicronWorld-Atmospheric Water Generator (AWG) Market Size By Application (Commercial, Industrial, Residential), By Product (Wet Desiccation, Cooling Condensation), Industry Analysis Report, Regional Outlook, Application Development, Price Trend, Comp here
News-ID: 844319 • Views: 497
More Releases from WaterMicronWorld,Ltd
ZharBiz WaterMicronWorld: Water... The Most Precious Resource Available On The P …
Water pollution is the second most imperative environmental concern along with air pollution. It occurs when pollutants (particles, chemicals or substances that make water contaminated) are discharged directly or indirectly into water bodies without enough treatment to get rid of harmful compounds. Water is, perhaps, the most precious resource available on the planet. For a large amount of life to exist on Earth, access to fresh water is crucial. Despite the
WaterMicronWorld: Venezuela faces a health crisis as Caracas taps run dry..
WaterMicronWorld-Caracas — At one of Caracas’s biggest public hospitals, most bathrooms are closed. Patients fill jugs from a tiny tap on the ground floor that sometimes has a trickle of water. Operations are postponed or cancelled. The Central Venezuelan University hospital, once a Latin American leader, is reeling as taps run dry. "I have gone to the operation bloc and opened the tap to wash my hands, as you must do before
WaterMicronWorld, Here we are in 2018 without access to Safe Drinking Water in t …
New York: From artificial intelligence and self-driving cars to breakthroughs in medicine and space exploration, the human capacity to transform the world is infinite. Our collective imagination, ingenuity, and resolve are formidable fuel to propel us forward. So how is it that, in 2018, there are still more than 2.4 billion people—six times the U.S. population—without access to safe water or the basic human dignity of a toilet? Why does a child
Portugal Company GreenImpact.Pt shall partner with WaterMicronWorld,Ltd
WaterMicronWorld, the Manufacturer and Supplier of Atmospheric Water Generators, has announced that it is planning a light assembly facilities within the European Regions. The firm says that it is the world’s largest supplier of Atmospheric Water Generators (AWGs), a technology based on producing water from the ambient humidity in the air. “Currently the European Regions has every low recoverable fresh water resource, with only 3 cu per km. At the Earth
More Releases for Water
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Global Mobile Water Treatment Systems Market Forecast 2018-2025 GE Water, Evoqua …
Recently added detailed market study "Global Mobile Water Treatment Systems Market" examines the performance of the Mobile Water Treatment Systems market 2018. It encloses an in-depth Research of the Mobile Water Treatment Systems market state and the competitive landscape globally. This report analyzes the potential of Mobile Water Treatment Systems market in the present and the future prospects from various angles in detail. The Global Mobile Water Treatment Systems Market 2018
Global Water Treatment Aerators Market 2018 -GE Water, Tonka Water, RWL Water, L …
Apex Market Reports, recently published a detailed market research study focused on the “Water Treatment Aerators Market” across the global, regional and country level. The report provides 360° analysis of “Water Treatment Aerators Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Water
Water Treatment Equipment Market
Water Treatment Equipment refers to the equipment used in the industrial water treatment. It includes Pre-treatment non-membrane, Pre-treatment membrane, ultrapure water, AD/EDI systems polishing, Inorganic WW treatment, Organic WW treatment, etc. The scope of the Report: This report focuses on the Water Treatment Equipment in the United States market, to split the market based on manufacturers, states, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-water-treatment-equipment-market-to-2022-1622845 Market Segment by Type, covers Pre-treatment non-membrane, Pre-treatment membrane, Ultrapure
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource