January 17, 2020
According to the research report titled ‘Atmospheric Water Generator Market Size By Product (Cooling Condensation, Wet Desiccation), By Application (Industrial, Commercial, Residential), Industry Outlook Report, Regional Outlook (U.S., Germany, UK, France, Italy, China, India, Indonesia, Malaysia, Thailand, Australia, Brazil, South Africa, Saudi Arabia, UAE), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available at MarketStudyReport.com, the global atmospheric water generator market is expected to cross USD 16 billion by the year 2026.
Growing worldwide population and depleting sources of potable water are the major factors driving the atmospheric water generator market. Strict government regulations pertaining to water conservation and consumption, and burgeoning water scarcity are also aiding the expansion of the market. Decreasing levels of rainfall in consort with technological advancements in atmospheric water generators have amplified the adoption of water generators in commercial and residential establishments which is promoting market share.
As per product type, cooling condensation segment is expected to register substantial growth during the estimated timeframe. Factors such as inflating municipal water prices, inadequate water infrastructure, and droughts are primarily facilitating the business scenario for cooling condensation segment.
Based on the application spectrum, the report cites that industrial application segment of atmospheric water generator market is presumed to grow significantly during the forecast period. Increasing water consumption for industrial processes along with strict government policies regarding water consumption limits may propel the growth of the market. However, increasing resource management programs undertaken by various industries will boost the adoption of technologically advanced solutions and support segmental growth.
As per the regional analysis, Middle East & Africa atmospheric water generator market is estimated to grow considerably in the coming years, due to depleting sources of water and high presence of humid conditions across the region. High costs of water desalination in agricultural and industrial applications has boosted the adoption of atmospheric water generator systems. Moreover, growing demand for safe and sterilized drinking water in order to avoid water-borne diseases is augmenting the demand for atmospheric water generators in medical and healthcare sector of Middle East & Africa.
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Yueqing Kemao Electric Co. Ltd., Water Micron World Ltd., Watermaker (India) Pvt. Ltd., Water-Gen, Water Technologies International Inc., Wataire Industries, Watair Inc., Veragon Water Solutions Ltd., Terra, Untapped Water Systems, Sun-To-Water Technologies LLC, Spash Water for Life Inc., SkyH2O Inc., Skywater India Pvt. Ltd., Saisons Technocom Pvt. LTd., Resotec Water, Pure Aqua Thailand, Planets Water Corp., MultiChill Technologies Inc., MSP Technology LLC, Konia Water, Island Sky Corp., GWIEC Electric, Fujian Yuxin Electronics Equipment Co. Ltd., Eole Water, Element Four Technologies Inc., EcoloBlue Inc., EAWC Technologies, Drinkable Air Inc., CYBEXNT Group, Canadian Dew Technologies Inc., Atmospheric Water Solutions Inc., Atlantis Solar, Aquacello, Amigoz, Ambient Water Corp., Alchemy Sun & Water, and Air2Water LLC are the prominent companies operating in the atmospheric water generator market.
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