Atmospheric Water Generator (AWG) Market Size, Insights, Growth Rate, Trends Analysis and Forecast To 2030
MarkNtel Advisors Releases Comprehensive Study on the Atmospheric Water Generator (AWG) Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Atmospheric Water Generator (AWG) Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Atmospheric Water Generator (AWG) Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
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Atmospheric Water Generator (AWG) Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Atmospheric Water Generator (AWG) Market Outlook
According to the report, The Global Atmospheric Water Generator (AWG) Market size is valued at around USD 2.21 billion in 2024 & is estimated to grow at a CAGR of around 8.11% during the forecast period, i.e., 2024-30. Atmospheric Water Generators are an advanced technology that is in its nascent stage and is emerging as one of the potential solutions to mitigate the problem of water scarcity in hot, humid, and arid geographies across the globe.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Atmospheric Water Generator (AWG) Market Drivers:
Rising Consumption of Clean & Fresh Drinking Water in Water Scarce Regions – The depleting water reserves and freshwater sources in the southern hemisphere are pressing the need for alternate sources of water harnessing. As of 2024, the agriculture sector accounted for 70% of the freshwater usage, industries consume about 19% and domestic usage made up around 11% across the globe. With the rise in urbanization and construction activities, there has been an increase in water demand in countries like India, China, GCC member countries, Indonesia, the Philippines, etc. At the current trend, it is estimated that the water demand will outpace its supply. According to the World Economic Forum, by 2030, the demand for freshwater will exceed its supply by 40%.
Atmospheric Water Generator (AWG) Market Challenge:
Market Potential Limited to Tropical Regions Only – Generally, the optimal working of atmospheric water generators requires higher temperatures and high humidity levels. This limits the market to tropical and sub-tropical regions worldwide for AWGs to perform optimally. This is primarily due to the device needing enough water vapor and adequate ambient temperature in the air to derive substantial water from it. The efficiency of the equipment falls in situations with low levels of humidity and below ambient temperature levels. This puts the reliability of the device in question and also limits the market’s expansion only to regions with favorable climatic conditions. Based on its operating principle, the potential opportunities are limited to Central and South America, the Middle East & Africa, and Southeast & south
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Atmospheric Water Generator (AWG) Market Segmentation
The study categorizes the Atmospheric Water Generator (AWG) Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Technology
- Cooling Condensation
- Liquid/Wet Desiccant
By Application
- Industrial
- Commercial
- Residential
- Government
By Type
- Static
- Mobile
By Capacity
- Lower Capacity Models (Upto 50L per day)
- Medium Capacity Models (From 50L to 500L per day)
- Higher Capacity Models (More than 500L per day)
Geographical Analysis
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
The report presents detailed insights into the Atmospheric Water Generator (AWG) Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
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Leading Companies in Atmospheric Water Generator (AWG) Market Worldwide: Players, Analysis & Future Outlook
The top companies in the Atmospheric Water Generator Market include Akvo Atmospheric Water Systems Pvt. Ltd. (Akvosphere), Planets Water, Island Sky (SkyWater), Drinkableair Technologies, Zhongling Xinquan (Fujian) Air Drinking Water Technology Co., Ltd. (Hendrx), GENAQ, Watergen, MAYAQWA, AW International Ltd, AirOWater (Dewpoint), SkyWell, WatAir, Veragon, WAIEA Water, Drupps, MAITHRI Aquatech, and Others.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
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Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Atmospheric Water Generator (AWG) Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Atmospheric Water Generator (AWG) Market?
4. Who are the prominent players in the Atmospheric Water Generator (AWG) Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.
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