Atmospheric Water Generator Market size likely to grow at 37.4% CAGR from 2015 to 2022

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Atmospheric Water Generator Market size likely to
grow at 37.4 CAGR from 2015 to 2022 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Atmospheric Water Generator
Market

• Global AWG market size was estimated at 18.57
  thousand units in 2014 and may reach 232.74
  thousand units by 2022 growing with an estimated
  CAGR of 37.8 from 2015 to 2022.
• Cooling condensation systems dominated the
  product segment and accounted for more than 95
  of the total demand in 2014. Efficient power
  output coupled with advancements in technology
  for reduction in power consumption is likely to
  drive market. Wet desiccation AWG systems are
  likely to witness higher growth rates with an
  estimated CAGR of 47.1 up to 2022.

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Continued

• Asia Pacific dominated the region and accounted
  for 29.7 of the total volume in 2014.
  Increasing infrastructure spending coupled with
  presence of numerous component manufactures and
  cheap labour availability in countries such as
  China, India, Indonesia and Thailand is likely to
  drive demand. Middle East Africa are likely to
  witness highest gains at a CAGR of 39.6 up to
  2022.
• The AWG market share comprises of a number of
  components manufacturers suppliers. These
  manufacturers purchase components such as
  temperature pressure sensors, water level
  indicators and condensers. Key companies
  operating include Watair Inc., Saisons Technocom,
  Dew Point Manufacturing, Ambient Water, Planet
  Water and Atlantis Solar.

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Europe AWG market size, by product, 2012 - 2022
(Units)

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360 Analysis

• Application Analysis
• Residential atmospheric water generator market
  witnessed largest installation of these systems
  with total number of consolidated installations
  crossing 10,000 units in 2014. Increasing
  consumer awareness regarding the technology
  befits from these systems are likely to drive
  atmospheric water generator market growth in
  residential applications.
• Regional Analysis
• Asia Pacific, driven by India and China
  atmospheric water generator market size, was the
  dominant region valuation of over USD 400 million
  in 2014. Increasing residential commercial
  spending in regions such as China, India and
  Indonesia is likely to drive regional demand.
  Middle East Africa (MEA) atmospheric water
  generator market share accounted for more than
  27 of the total demand in 2014 and is likely to
  witness highest gains at a CAGR of over 38 up to
  2022.
• Competitive Market Share
• The global atmospheric water generator market
  share is characterized by numerous component
  suppliers responsible for supplying parts for
  manufacturing atmospheric water generator. These
  manufacturers source parts including water level
  indicators, temperature and pressure sensors,
  condensers, evaporators and compressors.
  Companies such as Watair Inc., Planet Water and
  Dew point and are engaged in atmospheric water
  generator manufacturing.

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