According to a recent comprehensive by MarkNtel Advisors Atmospheric Water Generator (AWG) Market research report, the Atmospheric Water Generator (AWG) market is set for significant growth, driven by factors such as market size, share, and evolving trends.
This detailed report offers crucial insights into the market, covering key aspects such as market segmentation and definitions. It outlines the main drivers of growth and provides a clear forecast of the industry’s future direction. Additionally, the study provides a thorough overview of the competitive landscape, detailing recent developments and regional distribution across major areas. An expert competitor analysis delivers an in-depth understanding of market dynamics, offering strategic recommendations for businesses and investors.
With its robust analysis and forward-looking projections, this report is an essential resource for stakeholders aiming to leverage emerging opportunities and address potential challenges in the Atmospheric Water Generator (AWG) market.
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Atmospheric Water Generator (AWG) Market (2024-2030): Analysis and Growth
The Global Atmospheric Water Generator (AWG) Market size is valued at around USD 2.21 billion in 2024 & is estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2024-30.
What are the key drivers fueling growth in the Atmospheric Water Generator (AWG) market from 2024-2030?
Rising Consumption of Clean & Fresh Drinking Water in Water Scarce Regions – The depleting water reserves and freshwater sources in the southern hemisphere are pressing the need for alternate sources of water harnessing. As of 2024, the agriculture sector accounted for 70% of the freshwater usage, industries consume about 19% and domestic usage made up around 11% across the globe. With the rise in urbanization and construction activities, there has been an increase in water demand in countries like India, China, GCC member countries, Indonesia, the Philippines, etc. At the current trend, it is estimated that the water demand will outpace its supply. According to the World Economic Forum, by 2030, the demand for freshwater will exceed its supply by 40%.
Atmospheric Water Generator (AWG) Market : Segmentation Analysis
-By Technology
-Cooling Condensation- Market Size & Forecast 2019-2030, Units
-Liquid/Wet Desiccant- Market Size & Forecast 2019-2030, Units
-By Application
-Industrial- Market Size & Forecast 2019-2030, Units
-Commercial- Market Size & Forecast 2019-2030, Units
-Residential- Market Size & Forecast 2019-2030, Units
-Government- Market Size & Forecast 2019-2030, Units
-By Type
-Static- Market Size & Forecast 2019-2030, Units
-Mobile- Market Size & Forecast 2019-2030, Units
-By Capacity
-Lower Capacity Models (Upto 50L per day)- Market Size & Forecast 2019-2030, Units
-Medium Capacity Models (From 50L to 500L per day)- Market Size & Forecast 2019-2030, Units
-Higher Capacity Models (More than 500L per day)- Market Size & Forecast 2019-2030, Units
-By Region
-North America
-South America
-Europe
-Middle East and Africa
-Asia-Pacific
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What role do key competitors play in shaping the market, and how are they adapting to emerging trends and challenges?
Akvo Atmospheric Water Systems Pvt. Ltd. (Akvosphere), Planets Water, Island Sky (SkyWater), Drinkableair Technologies, Zhongling Xinquan (Fujian) Air Drinking Water Technology Co., Ltd. (Hendrx), GENAQ, Watergen, MAYAQWA, AW International Ltd, AirOWater (Dewpoint), SkyWell, WatAir, Veragon, WAIEA Water, Drupps, MAITHRI Aquatech, and Others
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Key Report Highlights
· Market Dimensions & Projections
· Pricing Evaluation,
· Recent Strategic Moves by Companies,
· Primary Stakeholders,
· Analysis of Import and Export Trends,
· Competitive Landscape Assessment,
· Emerging Opportunities,
· Market Trends and Indicators
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