The automatic water generators involve air and water treatments by removing suspended particles and volatile organic compounds present in water vapors. It ensures optimal conservation of stored water to guarantee the greatest quality of water and to promote water mineralization for drinking purpose. Water scarcity is an escalating global issue, affecting both developed and developing nations. The United Nations reports that approximately 2.2 billion people lack access to safely managed drinking water services. Climate change exacerbates this problem by altering precipitation patterns and reducing the availability of freshwater resources.
The World Bank estimates that by 2025, half of the world’s population will be living in water-stressed areas. For instance, nearly 600 million people in India face high to extreme water stress, according to the NITI Aayog. In the United States, over 40% of the population relies on groundwater for drinking, which is being depleted faster than it can be replenished, as indicated by the U.S. Geological Survey (USGS).
These statistics highlight the urgent need for alternative water sources like atmospheric water generators (AWGs), which can extract water from humid air and provide a reliable supply of potable water, addressing the growing global water scarcity.There is a wide range of automatic water generators available in the market that can harvest water vapors from air with relative humidity near to 25%, however the ideal relative humidity for water generation from air is 40%.
Moreover, government of various countries are installing atmospheric water generators for safe drinking water and to reduce wastage of water. For instance, in June 2021, a Watergen GEN-M atmospheric water generator was installed at the Treasure Cay Community Building and Medical Clinic in Bahamas, providing a much-needed clean drinking water solution to this struggling community. Thus, rise in demand for atmospheric water generator for non-residential and residential purposes is a major driver for the growth of atmospheric water generator market. The market is segmented on the basis of type, capacity, application, and region. On the basis of type, the market is divided into cooling condensation and wet desiccation.
On the basis of capacity, the market is divided into up to 60 liters, 61-500 liters, 501-1000 liters, and more than 1,000 liters. By application, the market is divided into residential and non- residential. Region-wise, the market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the atmospheric water generator market are PLANETSWATER, Ecoloblue, Quench Innovations, SkyWater Air Water Machines, Water Technologies International, Inc., Drinkable Air Technologies, Atlantis Solar, Clean Wave Products, GENAQ, Watergen, Eshara Water, Akvo Atmospheric Water Systems Pvt. Ltd, DewPoint Systems, Mayaqwa, AERONERO, Air 2 Water Solutions, FUJIAN WANJUAN TECHNOLOGY CO.,LTD.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the atmospheric water generator market analysis from 2023 to 2033 to identify the prevailing atmospheric water generator market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the atmospheric water generator market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global atmospheric water generator market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Type
- Cooling Condensation
- Wet Desiccation
By Capacity
- Upto 60 litres
- 61-500 litres
- 501-1000 litres
- More than 1000 litres
By Application
- Residential
- Non-Residential
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Poland
- Netherlands
- Sweden
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Thailand
- Indonesia
- Vietnam
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- UAE
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
- AERONERO
- Air 2 Water Solutions
- Akvo Atmospheric Water Systems Pvt. Ltd.
- Atlantis Solar
- Clean Wave Products
- DewPoint Systems
- Drinkable Air Technologies
- Ecoloblue
- Eshara Water
- FUJIAN WANJUAN TECHNOLOGY CO., LTD.
- GENAQ
- Mayaqwa
- PLANETSWATER
- QUENCH INNOVATIONS
- SkyWater Air Water Machines
- Watergen
- Water Technologies International, Inc.
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Table of Contents
Executive Summary
According to the report, titled, “Atmospheric Water Generator Market," the atmospheric water generator market size was valued at $2.5 billion in 2021, and is estimated to reach $9.7 billion by 2031, growing at a CAGR of 14.8% from 2022 to 2031.Atmospheric water generator (AWG) may generate somewhere around 1-20 liters of water per day at the household scale and up to 10,000 liters per day at the commercial scale. The amount of humidity, or water vapor, in the air and the air temperature have a significant impact on the rate of water production. Similar to a home dehumidifier, the most widely used AWG systems draw moisture from the air using cooling coil technology and a condenser. However, operating these fan systems and condensers can demand a sizable amount of energy. Recent technological improvements have significantly improved the energy-to-water ratio, boosting the viability of employing these systems to supplement the country's drinking water resources.
One of the primary factors driving the growth of the atmospheric water generator market is the global expansion of various policies for improving a country’s public water infrastructure and drinking water systems. In September 2018, the U.S. Environment Protection Agency announced a new Cooperative Research and Development Agreement (CRADA) for the development of atmospheric water generators (AWGs) and their potential as a source of water production. In particular, EPA and Israel’s WaterGen signed a CRADA to assess their GEN-350 system. In ideal temperature and humidity conditions, the GEN-350 can produce over 600 liters of water each day. As a result, such factors drive the atmospheric water generator market growth.
Asia-Pacific dominated the global market in terms of revenue in 2021, due to growth in the residential sector owing to rise in population and income level. Moreover, rise in demand for drinking water due to rise in population in developing countries such as India, China, U.S. Germany and Africa as well as increase in public water infrastructure buildings is expected to provide a wide range of opportunities for AWGs It has been noted in this region that different investments and policies, as well as a strong government focus on installing AWGs, are having a beneficial influence on the market's growth. For instance, in May 2022, a team of scientists from the Hyderabad-based Indian Institute of Chemical Technology (IICT) installed AWG units in 15 government schools in Uttarakhand to tackle the issue of water supply.
However, during the COVID-19 pandemic, various manufacturers in the atmospheric water generator market had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of atmospheric water generator companies. In addition, lack of manpower and raw materials restricted the supply of equipment for AWG systems, which negatively influenced the growth of the market. However, the reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the re-opening of the atmospheric water generator companies.
Key Findings of the Study
- The report provides an extensive analysis of the current and emerging global atmospheric water generator market trends and dynamics.
- Depending on type, the cooling condensation segment dominated the market in terms of revenue in 2021, and wet desiccation is projected to grow at a significant CAGR during the atmospheric water generator market forecast period.
- By application, the non-residential segment is expected to register the highest revenue in 2021.
- Asia-Pacific is projected to register the highest atmospheric water generator market share in the coming years.
- The key players within the global atmospheric water generator market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand competitive outlook of the atmospheric water generator industry.
- The report provides an extensive analysis of the current trends and emerging atmospheric water generator opportunities.
- In-depth global atmospheric water generator market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.
Companies Mentioned
- AERONERO
- Air 2 Water Solutions
- Akvo Atmospheric Water Systems Pvt. Ltd.
- Atlantis Solar
- Clean Wave Products
- DewPoint Systems
- Drinkable Air Technologies
- Ecoloblue
- Eshara Water
- FUJIAN WANJUAN TECHNOLOGY CO., LTD.
- GENAQ
- Mayaqwa
- PLANETSWATER
- QUENCH INNOVATIONS
- SkyWater Air Water Machines
- Watergen
- Water Technologies International, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 352 |
Published | August 2024 |
Forecast Period | 2023 - 2033 |
Estimated Market Value ( USD | $ 2.7 billion |
Forecasted Market Value ( USD | $ 10.8 billion |
Compound Annual Growth Rate | 14.8% |
Regions Covered | Global |
No. of Companies Mentioned | 17 |