Atmospheric Water Generator Market is estimated to be US$ 14.05 billion by 2030 with a CAGR of 19.0% during the forecast period
Atmospheric Water Generator Market accounted for US$ 2.5 billion in 2020 and is estimated to be US$ 14.05 billion by 2030 and is anticipated to register a CAGR of 19.0%. A device known as an atmospheric water generator (AWG) collects water from humid ambient air. Condensation is the process of extracting water vapour from the air by chilling it below its dew point, exposing it to desiccants, or pressurizing it. Because there is nearly always a little amount of water in the air that may be collected, AWGs are useful in situations where pure drinking water is difficult or impossible to get. Cooling and desiccants are the two most common ways used.
Freshwater demand is likely to rise due to declining freshwater levels and dwindling water supplies, as well as rapid infrastructure development, over the forecast period. This, in turn, is expected to increase demand for atmospheric water producers. Many government entities are raising awareness about the importance of following water safety rules and regulations. These rules require the provision of clean water and encourage the use of AWGs to provide potable water.
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Key Market Insights from the report:
Global Atmospheric Water Generator Market accounted for US$ 2.5 billion in 2020 and is estimated to be US$ 14.05 billion by 2030 and is anticipated to register a CAGR of 19.0%. Global Atmospheric Water Generator market is segmented into product, application and region.
Based on Product, the Global Atmospheric Water Generator Market is segmented into Wet Desiccation Machines and Cooling Condensation Machines.
Based on Application, the Global Atmospheric Water Generator Market is segmented into Industrial Applications and Residential Applications.
By Region, the Global Atmospheric Water Generator Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to account for major revenue share as compared to that of other regions.
Competitive Landscape & their strategies of Atmospheric Water Generator Market:
The key players in the global Atmospheric Water Generator market includes Fujian Yuxin Electronic Co., Ltd., WaterMicronWorld, Watair Inc., Dew Point Manufacturing, Dew Point Manufacturing, Ambient Water, Konia Saisons, Planets Water, Air2Water LLC, Technocom Pvt. Ltd., WaterMaker India Pvt. Ltd., and Water Technologies International, Inc.
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