Atmospheric Water Generator (AWG) Market to Grow Exponentially over 2025
An atmospheric water generator is an appliance that uses the technology of dehumidification or condensing for extracting water from the surrounding air. The resulting water is clean and free of bacteria and chemicals. Atmospheric water generators are reliable sources of clean and safe water in areas where water is scarce or polluted. These atmospheric water generators are suitable for domestic applications, community, military, government, and institutional purposes.
Implementation of technology with minimum capital is one of the factors that propel the growth of the market
The implementation of new technologies such as filtration systems, automatic variable filtration (AVF), and advanced oxidation processes (AOP), which helps in decreasing the scarcity of water along with minimum capital is expected to be among the prominent factors that will fuel growth of the atmospheric water generator market. According to Coherent Market Insights analysis, the global consumption of water is doubling every twenty years and over one billion people already either have very limited or absolutely no access to fresh drinking water. By 2025, the increasing demand for fresh water is expected to exceed by around 56% of the amount currently available.
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Atmospheric water generator can be used virtually anywhere where potable water is needed. It is applicable to all places where humidity is very high. The ideal place for this is the band around the equator (40° North Latitude to 40° South Latitude), where most of the people in the world are located. This new technology will be efficient in decreasing the scarcity of water.
Requirement of fixed temperature is a major factor that is expected to restraint growth of the atmospheric water generator market
Atmospheric water generator is basically a temperature driven machine. The machine totally depends on the level of humidity present in the air. Ideally, the humidity level required by the machine to generate water is at least 50% or above. If the temperature conditions are not maintained, the machine will not be able to generate water from the atmosphere. Therefore, this is a major factor that is expected to restrain the growth of atmospheric water generators market.
Global Atmospheric Water Generator Market Outlook
Asia Pacific holds the largest share in the global atmospheric water generator market
On the basis of geography, global atmospheric water generator market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific held a dominant position in the global atmospheric water generator market and is estimated to retain its dominance over the forecast period.
According to Coherent Market Insights analysis, Asia Pacific, with over 4.5 billion people in 2016, comprises of 60 percent of the world’s population. High population density in economies such as China, India, Japan, and Singapore is expected to exhibit significant demands, primarily owing to the requirement for sustainable use of the available water resources over the coming years. However, less awareness regarding wastewater management in the emerging economies is a challenge to the industry growth.
North America and Europe are expected to account for significant share in the global atmospheric water generator market, owing to increasing awareness about water treatment and stringent regulations regarding wastewater management to promote conservation of resources. For instance, Clean Water Act (CWA) in the U.S. and Integrated Pollution and Prevention Control (IPPC) Directive for industrial installations in European Union are some of the major regulations that aid in regulating pollution of water bodies.
Key Companies in Global Atmospheric Water Generator Market
The key players in the industry include WaterMicronWorld, Dew Point Manufacturing, Watair Inc., Ambient Water, Saisons Technocom Pvt. Ltd., WaterMaker India Pvt. Ltd., Planets Water, Water Technologies International, Inc., Island Sky Corporation, Fujian Yuxin Electronic Co. Ltd., Eurosport Active World Corporation Technologies, Atlantis Solar, Air2Water LLC, Konia, and Ecoloblue, Inc.
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