The atmospheric water generator market size has grown rapidly in recent years. It will grow from $3.14 billion in 2023 to $3.67 billion in 2024 at a compound annual growth rate (CAGR) of 17.0%. During the historical period, growth can be attributed to several factors, including the reinforcement of water infrastructure, a growing need for potable water, and the continuous trend of urbanization.
The atmospheric water generator market size is expected to see rapid growth in the next few years. It will grow to $6.04 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. Anticipated growth is driven by government initiatives, global population increase, water scarcity, and IoT-integrated atmospheric water generator development. Major trends include advancements in atmospheric water generation tech, R&D focus, product innovation, and strategic partnerships.
The atmospheric water generator market is poised for growth due to the escalating challenge of water scarcity. Water scarcity is characterized by a shortage of safe water sources or an inadequate supply of water. In February 2022, Global Citizen, an Australia-based international education and advocacy organization focused on ending extreme poverty, highlighted that as Africa's population expands and climate change depletes finite resources, an estimated 230 million Africans may face water scarcity by 2025, with up to 460 million residing in water-stressed areas.
The substantial population residing in countries grappling with water stress is anticipated to propel the atmospheric water generator market. Water stress occurs when there is insufficient water, both in quantity and quality, to meet the demands of both the environment and the population. In response to such conditions, atmospheric water generators play a crucial role in converting air moisture into potable water. According to a UN-Water report in 2022, 2.3 billion people inhabit water-stressed countries, with 1.42 billion people, including 450 million children, residing in areas marked by high or extremely high water vulnerability. A staggering 785 million people lack access to basic water services, and reports from the World Health Organization (WHO) indicate that 884 million people lack access to safe drinking water. Consequently, the significant population residing in water-stressed countries is expected to be a driving force for the atmospheric water generator market.
An emerging trend in the atmospheric water generator market is the increasing popularity of atmospheric RV water generators. Leading companies in the atmospheric water generator sector are directing their focus towards the development of atmospheric RV water generators, introducing new products to fortify their market positions. For instance, in 2021, Watergen Ltd., an Israel-based company specializing in water-from-air solutions, launched the Watergen ON Board - an aftermarket water generator tailored for recreational vehicles (RVs) and campers. This innovative device utilizes air humidity to generate over 10 gallons of fresh, pure drinking water daily, without relying on an external water supply or hookup. The Watergen ON Board is easily plugged into any 12V power source, including solar panels and batteries, enhancing its versatility for various applications.
Strategic partnerships represent another significant trend gaining traction in the atmospheric water generator market. Numerous companies within the atmospheric water generator sector are actively engaging in partnerships as a strategic approach to reinforce their market positions. In September 2022, Mullen Automotive Inc., a US-based emerging electric vehicle manufacturer, entered into a partnership with Watergen Inc., an Israel-based developer of atmospheric water generators (AWG). This collaboration aims to equip Mullen's electric vehicle portfolio with Watergen's technology, enabling the production of fresh drinking water from the air for both in-vehicle consumer and commercial applications. Additionally, in May 2022, Watergen partnered with SMV Jaipuria Group, an Indian conglomerate, to introduce its AWG technology across India. As part of this collaboration, a new manufacturing plant is set to be established within one year of operations, further expanding Watergen's presence and impact in the Indian market.
In December 2021, Quench, a US-based provider of bottle-free filtered drinking water solutions promoting health and environmental consciousness, acquired Pure Planet Waters for an undisclosed sum. This acquisition aims to broaden Quench's footprint in emerging markets such as New York. Pure Planet Waters, also based in the US, specializes in point-of-use drinking water systems and ice dispensers.
Major companies operating in the atmospheric water generator market report are Water-Gen Ltd., Akvo Atmospheric Water Systems Pvt. Ltd., Drinkable Air Technologies, SOURCE Global, Ray Agua, Island Sky Corporation, Water Generating Systems LLC, WAIEA Water Solutions, EcoloBlue, Drupps, Watair Inc., WaterMaker India Pvt Ltd., Planets Water, Fujian Yuxin Electronic Co Ltd., Akvosphere, Bestway (Shanghai)Technology Co. Ltd., Guangdong Laswim Water Environment Equipment Co. Ltd., Dew Point Manufacturing, Water Technologies International Inc., Skywater Air Water Machines, Hendrx Water, Energy and Water Development Corp. (Eawc), Genaq Technologies S.L., Air 2 Water Solutions, AeroNero, Tsunami Products Inc., AquaViable Solutions Inc., Canadian Dew Technologies Inc., Green Technology Global Inc., Satus Ager S.A, Tecnoseeds, GlobeNatural, De Alimentos, Adm Do Brasil Ltda, GENAQ, H2O Biofouling Solutions B.V., Eshara Water, Buserve Limited, Aqua Air Africa.
Asia-Pacific was the largest region in the atmospheric water generator market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the atmospheric water generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the atmospheric water generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of AWGs include cooling condensation and wet desiccation. Cooling condensation operates akin to dehumidifiers when air temperature is lowered below the dew point, causing atmospheric water vapor to condense. This condensed water is collected in a chamber for use. AWGs find extensive application in industrial, commercial, and residential settings.
The atmospheric water generator market research report is one of a series of new reports that provides atmospheric water generator market statistics, including atmospheric water generator industry global market size, regional shares, competitors with an atmospheric water generator market share, detailed atmospheric water generator market segments, market trends, and opportunities, and any further data you may need to thrive in the atmospheric water generator industry. This atmospheric water generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The atmospheric water generator (AWG) market consists of revenues earned by entities by provide services such as hygroscopy, and solid desiccants. The market value includes the value of related goods sold by the service provider or included within the service offering. The atmospheric water generator market also includes sales of active and passive dew condensers and fuel cells which are used to produce potable water from the surrounding air. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The atmospheric water generator market size is expected to see rapid growth in the next few years. It will grow to $6.04 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. Anticipated growth is driven by government initiatives, global population increase, water scarcity, and IoT-integrated atmospheric water generator development. Major trends include advancements in atmospheric water generation tech, R&D focus, product innovation, and strategic partnerships.
The atmospheric water generator market is poised for growth due to the escalating challenge of water scarcity. Water scarcity is characterized by a shortage of safe water sources or an inadequate supply of water. In February 2022, Global Citizen, an Australia-based international education and advocacy organization focused on ending extreme poverty, highlighted that as Africa's population expands and climate change depletes finite resources, an estimated 230 million Africans may face water scarcity by 2025, with up to 460 million residing in water-stressed areas.
The substantial population residing in countries grappling with water stress is anticipated to propel the atmospheric water generator market. Water stress occurs when there is insufficient water, both in quantity and quality, to meet the demands of both the environment and the population. In response to such conditions, atmospheric water generators play a crucial role in converting air moisture into potable water. According to a UN-Water report in 2022, 2.3 billion people inhabit water-stressed countries, with 1.42 billion people, including 450 million children, residing in areas marked by high or extremely high water vulnerability. A staggering 785 million people lack access to basic water services, and reports from the World Health Organization (WHO) indicate that 884 million people lack access to safe drinking water. Consequently, the significant population residing in water-stressed countries is expected to be a driving force for the atmospheric water generator market.
An emerging trend in the atmospheric water generator market is the increasing popularity of atmospheric RV water generators. Leading companies in the atmospheric water generator sector are directing their focus towards the development of atmospheric RV water generators, introducing new products to fortify their market positions. For instance, in 2021, Watergen Ltd., an Israel-based company specializing in water-from-air solutions, launched the Watergen ON Board - an aftermarket water generator tailored for recreational vehicles (RVs) and campers. This innovative device utilizes air humidity to generate over 10 gallons of fresh, pure drinking water daily, without relying on an external water supply or hookup. The Watergen ON Board is easily plugged into any 12V power source, including solar panels and batteries, enhancing its versatility for various applications.
Strategic partnerships represent another significant trend gaining traction in the atmospheric water generator market. Numerous companies within the atmospheric water generator sector are actively engaging in partnerships as a strategic approach to reinforce their market positions. In September 2022, Mullen Automotive Inc., a US-based emerging electric vehicle manufacturer, entered into a partnership with Watergen Inc., an Israel-based developer of atmospheric water generators (AWG). This collaboration aims to equip Mullen's electric vehicle portfolio with Watergen's technology, enabling the production of fresh drinking water from the air for both in-vehicle consumer and commercial applications. Additionally, in May 2022, Watergen partnered with SMV Jaipuria Group, an Indian conglomerate, to introduce its AWG technology across India. As part of this collaboration, a new manufacturing plant is set to be established within one year of operations, further expanding Watergen's presence and impact in the Indian market.
In December 2021, Quench, a US-based provider of bottle-free filtered drinking water solutions promoting health and environmental consciousness, acquired Pure Planet Waters for an undisclosed sum. This acquisition aims to broaden Quench's footprint in emerging markets such as New York. Pure Planet Waters, also based in the US, specializes in point-of-use drinking water systems and ice dispensers.
Major companies operating in the atmospheric water generator market report are Water-Gen Ltd., Akvo Atmospheric Water Systems Pvt. Ltd., Drinkable Air Technologies, SOURCE Global, Ray Agua, Island Sky Corporation, Water Generating Systems LLC, WAIEA Water Solutions, EcoloBlue, Drupps, Watair Inc., WaterMaker India Pvt Ltd., Planets Water, Fujian Yuxin Electronic Co Ltd., Akvosphere, Bestway (Shanghai)Technology Co. Ltd., Guangdong Laswim Water Environment Equipment Co. Ltd., Dew Point Manufacturing, Water Technologies International Inc., Skywater Air Water Machines, Hendrx Water, Energy and Water Development Corp. (Eawc), Genaq Technologies S.L., Air 2 Water Solutions, AeroNero, Tsunami Products Inc., AquaViable Solutions Inc., Canadian Dew Technologies Inc., Green Technology Global Inc., Satus Ager S.A, Tecnoseeds, GlobeNatural, De Alimentos, Adm Do Brasil Ltda, GENAQ, H2O Biofouling Solutions B.V., Eshara Water, Buserve Limited, Aqua Air Africa.
Asia-Pacific was the largest region in the atmospheric water generator market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the atmospheric water generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the atmospheric water generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of AWGs include cooling condensation and wet desiccation. Cooling condensation operates akin to dehumidifiers when air temperature is lowered below the dew point, causing atmospheric water vapor to condense. This condensed water is collected in a chamber for use. AWGs find extensive application in industrial, commercial, and residential settings.
The atmospheric water generator market research report is one of a series of new reports that provides atmospheric water generator market statistics, including atmospheric water generator industry global market size, regional shares, competitors with an atmospheric water generator market share, detailed atmospheric water generator market segments, market trends, and opportunities, and any further data you may need to thrive in the atmospheric water generator industry. This atmospheric water generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The atmospheric water generator (AWG) market consists of revenues earned by entities by provide services such as hygroscopy, and solid desiccants. The market value includes the value of related goods sold by the service provider or included within the service offering. The atmospheric water generator market also includes sales of active and passive dew condensers and fuel cells which are used to produce potable water from the surrounding air. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Atmospheric Water Generator Market Characteristics3. Atmospheric Water Generator Market Trends and Strategies32. Global Atmospheric Water Generator Market Competitive Benchmarking33. Global Atmospheric Water Generator Market Competitive Dashboard34. Key Mergers and Acquisitions in the Atmospheric Water Generator Market
4. Atmospheric Water Generator Market - Macro Economic Scenario
5. Global Atmospheric Water Generator Market Size and Growth
6. Atmospheric Water Generator Market Segmentation
7. Atmospheric Water Generator Market Regional and Country Analysis
8. Asia-Pacific Atmospheric Water Generator Market
9. China Atmospheric Water Generator Market
10. India Atmospheric Water Generator Market
11. Japan Atmospheric Water Generator Market
12. Australia Atmospheric Water Generator Market
13. Indonesia Atmospheric Water Generator Market
14. South Korea Atmospheric Water Generator Market
15. Western Europe Atmospheric Water Generator Market
16. UK Atmospheric Water Generator Market
17. Germany Atmospheric Water Generator Market
18. France Atmospheric Water Generator Market
19. Italy Atmospheric Water Generator Market
20. Spain Atmospheric Water Generator Market
21. Eastern Europe Atmospheric Water Generator Market
22. Russia Atmospheric Water Generator Market
23. North America Atmospheric Water Generator Market
24. USA Atmospheric Water Generator Market
25. Canada Atmospheric Water Generator Market
26. South America Atmospheric Water Generator Market
27. Brazil Atmospheric Water Generator Market
28. Middle East Atmospheric Water Generator Market
29. Africa Atmospheric Water Generator Market
30. Atmospheric Water Generator Market Competitive Landscape and Company Profiles
31. Atmospheric Water Generator Market Other Major and Innovative Companies
35. Atmospheric Water Generator Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Atmospheric Water Generator Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on atmospheric water generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for atmospheric water generator? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Cooling Condensation; Wet Desiccation
2) By Application: Industrial; Commercial; Residential
Key Companies Mentioned: Water-Gen Ltd.; Akvo Atmospheric Water Systems Pvt. Ltd.; Drinkable Air Technologies; SOURCE Global; Ray Agua
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Water-Gen Ltd.
- Akvo Atmospheric Water Systems Pvt. Ltd.
- Drinkable Air Technologies
- SOURCE Global
- Ray Agua
- Island Sky Corporation
- Water Generating Systems LLC
- WAIEA Water Solutions
- EcoloBlue
- Drupps
- Watair Inc
- WaterMaker India Pvt Ltd
- Planets Water
- Fujian Yuxin Electronic Co Ltd
- Akvosphere
- Bestway (Shanghai)Technology Co. Ltd
- Guangdong Laswim Water Environment Equipment Co. Ltd
- Dew Point Manufacturing
- Water Technologies International Inc
- Skywater Air Water Machines
- Hendrx Water
- Energy and Water Development Corp. (Eawc)
- Genaq Technologies S.L.
- Air 2 Water Solutions
- AeroNero
- Tsunami Products Inc
- AquaViable Solutions Inc
- Canadian Dew Technologies Inc
- Green Technology Global Inc
- Satus Ager S.A
- Tecnoseeds
- GlobeNatural
- De Alimentos
- Adm Do Brasil Ltda
- GENAQ
- H2O Biofouling Solutions B.V.
- Eshara Water
- Buserve Limited
- Aqua Air Africa.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.67 Billion |
Forecasted Market Value ( USD | $ 6.04 Billion |
Compound Annual Growth Rate | 13.3% |
Regions Covered | Global |
No. of Companies Mentioned | 39 |