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Atmospheric Water Generator Market Size, By Type (Static, Mobile), By Technology (Cooling condensation, Wet/Liquid Desiccation), By Capacity, By End-use, By Distribution Channel, Forecast 2024 - 2032


Published on: 2024-07-30 | No of Pages : 240 | Industry : Industrial-Machinery

Publisher : MIR | Format : PDF&Excel

Atmospheric Water Generator Market Size, By Type (Static, Mobile), By Technology (Cooling condensation, Wet/Liquid Desiccation), By Capacity, By End-use, By Distribution Channel, Forecast 2024 - 2032

Atmospheric Water Generator Market Size

Atmospheric Water Generator Market was valued at USD 2.5 billion in 2023 and is estimated to grow at a CAGR of 9.4% during 2024 to 2032. A growing global population and climate change are leading to water scarcity in many regions. AWGs offer a viable solution in areas with limited access to freshwater sources, providing a reliable source of clean water for drinking, sanitation, and various industrial applications.

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As water resources become more stressed, governments and businesses are increasingly focused on water security. AWGs provide a decentralized water source, reducing dependence on traditional water infrastructure that can be vulnerable to droughts or contamination. AWGs harvest water vapor from the atmosphere, eliminating the need for traditional water extraction methods that can strain natural resources. Additionally, they don't require large water treatment facilities, reducing environmental impact. Growing use of AWGs in commercial and industrial settings, such as offices, hotels, and factories, where a consistent supply of clean water is needed, also drives market demand.
 

Atmospheric Water Generator Market Report Attributes
Report Attribute Details
Base Year 2023
Atmospheric Water Generator Market Size in 2023 USD 2.5 Billion
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 9.4%
2032 Value Projection USD 5.7 Billion
Historical Data for 2021 – 2023
No. of Pages 487
Tables, Charts & Figures 428
Segments covered Technology, Coverage Area, End-use, Distribution Channel, Region
Growth Drivers
  • Technological advancements
  • Environmental concerns
  • Government initiatives and regulations
  • Growing industrial sector
Pitfalls & Challenges
  • High initial costs
  • Ineffectiveness in regions with low humidity level

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The upfront cost of purchasing and installing AWGs can be prohibitive for many consumers and businesses, particularly in developing regions where financial resources are limited. AWGs are less effective in regions with low humidity levels, limiting their applicability in certain climates. Performance can be significantly reduced in dry environments.

Atmospheric Water Generator Market Trends

Regulatory standards and compliance criteria control the design, manufacture, and distribution of atmospheric water generating systems, ensuring their safety, efficiency, and environmental sustainability. Adherence to these rules is critical for market access and consumer trust, encouraging producers to spend in R&D and quality assurance methods. Furthermore, environmental rules play an important role in managing the extraction and use of water resources. Atmospheric water generator systems, which extract moisture from the air, provide a sustainable alternative to traditional water sources, but legal frameworks might impact their deployment and use. Water rights regulations, environmental impact assessments, and water quality requirements can all have an impact on how AWG systems are adopted and deployed in different countries.

The market exhibits a remarkable level of innovation, driven by technology breakthroughs and growing awareness of water shortages and environmental sustainability. Manufacturers are constantly striving to improve the efficiency, dependability, and sustainability of atmospheric water generation systems through advances in condensation processes, air filtration, energy efficiency, and water purification technology. The integration of smart technologies such as IoT and AI allows for remote monitoring and optimization, while modular and portable designs accommodate a wide range of applications. Furthermore, improvements in water quality enhancement ensure regulatory compliance, while market growth strategies push adoption across industries and countries.

Atmospheric Water Generator Market Analysis

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Based on type, the HEPA static segment was crossed USD 1.8 billion in 2023 and is expected to reach USD 4.2 billion by 2032. Increasing concerns over water quality and supply in urban areas drive the adoption of static AWGs for reliable, clean water at homes and apartments. Industries such as manufacturing, agriculture, and hospitality require a stable water supply for operations, leading to higher demand for static AWGs. Companies and organizations focusing on sustainability and reducing their environmental footprint are adopting static AWGs to minimize reliance on municipal water sources and bottled water.

Mobile AWGs are crucial in providing immediate access to clean water in disaster-stricken areas, making them essential for humanitarian aid organizations and government agencies. In regions without reliable infrastructure, mobile AWGs provide a practical solution for clean water access, supporting rural development and remote communities.

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Based on technology, the cooling condensation segment held about 81% share of the atmospheric water generator market in 2023. Cooling condensation technology is well-understood, reliable, and straightforward to implement, making it a preferred choice for many applications. This technology can be used in various settings, including residential, commercial, and industrial environments, due to its effectiveness in diverse humidity conditions. Systems based on cooling condensation can be scaled to different sizes, from small residential units to large industrial machines, providing flexibility in deployment.

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North America atmospheric water generator market size surpassed USD 600 million in 2023 and is likely to exceed USD 1.3 billion by 2032. Parts of North America, particularly in the southwestern United States, are experiencing significant water shortages due to prolonged droughts and overuse of existing water resources. AWGs provide an alternative source of fresh water. Concerns about the quality of municipal water supplies, including contamination from industrial pollutants and aging infrastructure, drive the demand for clean, reliable water sources like AWGs.

The U.S. atmospheric water generator market is set to grow at a CAGR of 9.9% through 2032. Many regions in the U.S., especially in the Southwest, face severe drought conditions and water shortages. AWGs provide an alternative and reliable source of water in these areas. Contaminants such as lead, PFAS, and other pollutants in municipal water supplies raise health concerns, driving consumers and businesses to seek cleaner and safer water sources like AWGs.

The German atmospheric water generator market maintained a considerable position in Europe, owing to the increased demand for technologically advanced water generators, Despite Germany's reputation for plentiful water resources, certain regions experience water stress due to factors such as population growth, urbanization, and climate change. AWGs offer a decentralized solution to mitigate water scarcity concerns. Germany has a strong environmental consciousness, driving interest in sustainable water solutions like AWGs that reduce reliance on bottled water and minimize plastic waste.

China is supposed to grow at the highest rate of 10.6% in the region. China's emphasis on technological innovation and research drives advancements in AWG technology, leading to improvements in efficiency, scalability, and cost-effectiveness. Government and private sector investments in clean technologies, including water purification and desalination, create opportunities for AWG market growth.

Atmospheric Water Generator Market Share

Atmospheric Water Generator industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Watergen, Aquatech International, EcoloBlue, Drinkable Air, Skywell, Atlantis Solar, Dew Point Manufacturing, Ambient Water collectively held around 10%-15% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Atmospheric Water Generator Market Companies

Major players operating in the atmospheric water generator industry are

  • Air2Water
  • Ambient Water
  • Aquatech International
  • Atlantis Solar
  • Atlantis Solar
  • Dew Point Manufacturing
  • Drinkable Air
  • EcoloBlue
  • Genaq Technologies
  • Hendrx Water
  • Island Sky Corporation
  • Planets Water
  • Skywell
  • Watergen
  • WaterMaker India

Atmospheric Water Generator Industry News

  • In August 2023, Spout introduced a new atmospheric water generator, engineered by Bould, capable of generating two and a half gallons of potable water daily. Moreover, the device has the capacity to consistently produce up to 2.5 gallons of water each day. Remarkably, approximately 80% of households worldwide reside in climates with sufficient humidity for the device to operate effectively.
  • In January 2023, Airiver unveiled its atmospheric water generators for the consumer market. The U.S.-based company's latest offering introduces a sustainable water supply solution for communities in search of convenient access to eco-friendly and purified water. Leveraging minimal power consumption and featuring a multi-stage filtration system capable of removing impurities that conventional filters may miss, Airiver's cutting-edge technology guarantees the production of up to 30 liters of pure, alkaline water daily.
  • In May 2022, Watergen, in collaboration with SMV Jaipuria Group, an Indian conglomerate, has inked an agreement to introduce its atmospheric water generator technology to India. This Israeli company has introduced its 'GENius' atmospheric water generator technology to address the pressing issue of inadequate access to clean water in India, particularly affecting three-quarters of rural families. Under the terms of the joint venture, SMV Jaipuria Group will oversee the manufacturing of the GENius machines designed to extract potable water from the atmosphere.

This atmospheric water generator market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion)(Thousand Units) from 2021 to 2032, for the following segments

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Market, By Type

 

  • Static
  • Mobile

Market, By Technology

  • Cooling condensation
  • Wet/Liquid Desiccation

Market, By Capacity

  • 1L-500L
  • 500L-1000L
  • 1000L-5000L
  • 5000L-10,000L

Market, By End-use

  • Residential
  • Commercial
  • Industrial

Market, By Distribution Channel

  • Direct
  • Indirect

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Table of Content

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