Atmospheric Water Generator (AWG) Market size forecast to grow at over 37.41% CAGR during next seven years

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Atmospheric Water Generator (AWG) Market Global
Industry Analysis Report, Share, Size, Growth,
Price Trends and Forecast, 2016 2024
Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
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Industry Trends

• Global Atmospheric Water Generator (AWG) Market
  size is projected to touch 9.31 billion mark by
  end of 2022 and register CAGR of 37.41 during
  forecast timeframe. Diminishing fresh water
  accessibility and decreasing water resources
  along with increasing demand of fresh water for
  drinking and industrial purpose is predicted to
  drive industry growth in future.
• Per capita water accessibility has fallen
  substantially during last few years. Growing
  temperatures and scarce rainfall has resulted in
  drying of lakes and river fronts causing shortage
  of water. Further, rising industrialization and
  infrastructural growth specifically in emerging
  economies has given rise to water scarcity. All
  these factors are predicted to drive the industry
  growth.
• As per WHO (World Health Organisation) report,
  more than half of the world population is
  affected by water-borne ailments. Due to this,
  water produced through atmospheric water
  generator systems is an effective substitute
  offering pollutant-free water by condensing
  filtered air through different filtration
  processes.

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Product Trends

• The industry is segmented into various products
  like wet desiccation machines and cooling
  condensation machines. Wet desiccation machines
  consisted of more than 250 units globally in
  terms of size for 2014 and is predicted to
  register more than 40 CAGR during forecast
  timeframe. Technological breakthrough associated
  with replacement of brine salt with liquid brine
  to enhance humidity separation from air is
  predicted to raise the demand for these machines
  in future.
• Cooling condensation machines segment dominated
  the product segment by producing total revenue of
  more than 750 million for 2014. Higher output
  along with widespread accessibility of these
  machines contributed to the growth of the
  segment. Technological innovation associated with
  reduction in power consumption is predicted to
  drive the growth of the segment.

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Application Trends

• The atmospheric water generator (AWG) market is
  segmented into applications like industrial
  applications and residential applications.
  Industrial applications segment contributed to
  greater than 25 of overall demand and is
  predicted to register more than 37 of CAGR
  during forecast timeframe. They are mainly used
  in industries that require water production of
  more than 20,000 gallons per day. Oil gas firms
  of middle east regions are using desalinated
  water from seas. This method has proved cost
  efficient in comparison to other oil exploring
  events taking place near sea shore.
• Residential atmospheric water generator industry
  experienced biggest system deployment with total
  amount of consolidated deployments surpassing
  10,000 units for 2014. Growing customer
  consciousness about the technology benefits from
  these systems are predicted to drive the industry
  growth in these residential applications.

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Regional Trends

• APAC dominated the global atmospheric water
  generator industry for 2014 by contributing more
  than 400 million during that year. India and
  China played a key role in the regional industry
  growth. Growing commercial residential
  expenditure in regions like Indonesia, China and
  India is predicted to promote the regional
  demand. Factors like presence of large number of
  component producers, less production costs and
  low labor charges are predicted to fuel the
  industry expansion.
• MEA(Middle East Africa) atmospheric water
  generator market share contributed about more
  than 27 of overall demand for 2014 and is
  predicted to register more than 38 of CAGR by
  end of forecast timeframe. Deficit of fresh water
  reserves along with high costs involved in
  deploying desalination plants is predicted to
  drive the industry demand in the region.

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

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Competitive Trends

• Key industry players profiled in the report
  include Ambient Water, Konia, Watair
  Incorporation, Planets Water, Eurosport Active
  World Corporation Technologies, Saisons Technocom
  Private Limited, Water-Gen Limited, Water
  Technologies International Incorporation, Island
  Sky Corporation, Atlantis Solar, WaterMaker India
  Private Limited, Water-Gen Limited, Fujian Yuxin
  Electronic Company Limited, Air2Water LLC, Dew
  point manufacturing and Ecoloblue Incorporation.

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