According to the research report titled ‘Global Atmospheric Water Generator Market 2022-2028’, available with MarketStudyReport, global atmospheric water generator market was worth USD 1,588 million in 2021 and is expected to register a CAGR of 11.6% during the forecast period to reach USD 3,424 million valuation by 2028.

Report findings suggest that growing demand for potable water in water-stressed regions, as well as increasing industrialization, socio-economic trends, and population growth which is leading to water scarcity are the major growth determinants for global atmospheric water generator market.

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For the unversed, atmospheric water generation (AWG) uses a technique for extracting potable water from the atmosphere. Condensation process is applied for removing water vapor from the air by cooling it below its dew point, exposing it to desiccants, or pressurizing it. The technology has the potential to increase water supply during shortages, pollution incidents, and other problems that can cause drinking water supplies to be disrupted.

On the contrary, high cost of the equipment for household and commercial applications, as well as enormous consumption of electricity may pose as restraining factors for industry expansion in the coming years.

On the bright side, the cost of equipment is expected to decrease due to the introduction of new technologies, which in turn is slated to augment market outlook over the analysis timeframe.

Based on product terrain, worldwide atmospheric water generator industry is bifurcated into wet desiccation and cooling condensation. Among these, the cooling condensation segment held a major industry share in 2021.

In terms of application ambit, the marketplace is branched into residential, industrial, and commercial. On the regional out-front, the market trends are studied across North America, Asia Pacific, and Europe.

Speaking of competitive landscape, WaterMaker India Pvt. Ltd., Watergen Inc., Water Technologies International Inc., SkyWater Air Water Machines, GENAQ Technologies S.L., Energy and Water Development Corp., EcoloBlue Inc., Drinkable Air Inc., DewPoint Manufacturing Inc., Atlantis Solar and Wind LLC, Akvo Atmospheric Water Systems Private Limited, and Air2water LLC are the major players in global atmospheric water generator market.