Atmospheric Water Generator Market Analysis, 2016 to 2024

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Atmospheric Water Generator Market Share, Size,
Analysis, Regional Outlook, Growth, Trends and
Forecasts to 2024 Hexa Research
The worldwide atmospheric water generator
market stood around USD 920 million in 2015. It
is estimated to grow at over 20 CAGR over the
forecast period (2016-2024)
The global Atmospheric Water Generator (AWG)
Market is expected to witness growth at a CAGR of
over 20 in the forecast period (2016 to 2024).
Rising demand for these products across
large-scale industries like oil gas, steel,
and paper should positively impact the industry.
Moreover, technological improvements giving high
water output also generate more sales.
Declining availability of fresh water resources
along with higher infrastructural expenses are
said to drive the industry. Prices of machines
from different manufacturers vary depending on
applications, product efficiency, and quality.
Most market products need ample electricity which
could be impossible at some places, restraining
the growth of this market.
However, technological advancements in AWG
products to provide on-board power supply for
example, solar panels can positively influence
the industry during the next eight years. Also,
several dealers in the supply chain may pose
industry challenge, resulting in unwanted
hold-ups through manufacturing. Hence, the
incorporation of AWGs across the value chain
would be the key to market sustenance from 2016
to 2024.
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However, high costs of industry products, along
with high energy consumption, limit further
penetration, especially in residential
applications. Manufacturers will come up with
innovative technologies and production methods to
lower the overall costs of products to gain
attention from residential commercial users.
The atmospheric water generator market is
categorized into products, applications, and
regions. Products comprise cooling condensation
and wet desiccation. Cooling condensation AWGs
are the most commonly utilized. These generators
occupied over 95 of the total shares in 2015.
Various technological developments related to
lower power consumption costs are projected to
augment segment growth till 2024.
Lack of customer awareness about wet desiccation
products coupled with their complex mechanism
should restrict their growth. However,
substitution of crystalline brine salts with
liquid brine to enhance air moisture extraction
is likely to boost the demand for wet desiccation
AWGs in the eight years ahead.
Applications include residential, industrial, and
commercial. Residential led the market in the
past and is said to continue likewise during 2016
to 2024. Demand for AWGs from this segment should
grow at a CAGR of over 14 over the forecast
period. Commercial applications are estimated to
grow at the highest rate of over 19 in the near
future. Industrial will observe substantial
expansion.
Regions in the worldwide atmospheric water
generator market are Latin America, Asia Pacific,
Europe, North America, and the Middle East
Africa. Demand in MEA is projected to grow at a
CAGR of 18 till 2024. Its awareness regarding
AWG benefits can drive the regional industry.
India and China may experience high gains on
account of their rising urbanization and changing
lifestyles.
Moreover, higher prevalence of water scarcity and
unusual rainfalls in India would propel the
demand for ideal water production alternatives.
This is forecast to positively influence the
Indian market. The huge need for power supply for
AWGs renders it impractical for usage across few
geographical regions. Some of the eminent players
in the global market encompass Fujian Yuxin
Electronic Co. Ltd. Watair Inc. Ambient Water
Corp. and Technocom Pvt. Ltd.
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Table of Content of Atmospheric Water Generator
Market
1. Methodology Scope 1.1 Research
Methodology 1.2 Research Scope Assumptions 1.3
List of Data Sources
2. Executive Summary
2.1 Industry Summary of Atmospheric Water
Generator Market
3. Industry Outlook
3.1 Atmospheric Water Generator Market
Segmentation 3.2 Atmospheric Water Generator
Market Size and Growth Prospects 3.3 Atmospheric
Water Generator Market Dynamics 3.4 Key
Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 Atmospheric Water Generator Market share by
application, 2016 2024
5. Regional Outlook 5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa) 5.6 RoW (Rest of
the World)
6. Competitive Landscape 6.1 Fujian Yuxin
Electronic Co. Ltd. 6.1.1 Company Overview
6.1.2 Financial Performance 6.1.3 Product
Benchmarking 6.1.4 Strategic Initiatives
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6.2 Watair Inc.
6.2.1 Company Overview 6.2.2 Financial
Performance 6.2.3 Product Benchmarking 6.2.4
Strategic Initiatives 6.3 Ambient Water
Corp. 6.3.1 Company Overview 6.3.2 Revenue
Analysis 6.3.3 Product Benchmarking 6.3.4
Strategic Initiatives 6.4 Technocom Pvt.
Ltd. 6.4.1 Company Overview 6.4.2 Revenue
Analysis 6.4.3 Product Benchmarking 6.4.4
Strategic Initiatives
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