Atmospheric Water Generator Market Size, Share & Trends Analysis Report By Product (Cooling Condensation, Wet Desiccation), By Application (Industrial, Commercial, Residential), By Region, And Segment Forecasts, 2024 - 2030

Market Segmentation

• Atmospheric Water Generator Product Outlook (Revenue, USD Million, 2018 - 2030)
  • Cooling Condensation
  • Wet Desiccation
• Atmospheric Water Generator Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Industrial
  • Commercial
  • Residential
• Atmospheric Water Generator Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
    • North America Atmospheric Water Generator Market, By Product
      • Cooling Condensation
      • Wet Desiccation
    • North America Atmospheric Water Generator Market, By Application
      • Commercial
      • Residential
      • Industrial
    • U.S.
      • U.S. Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • U.S. Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Canada
      • Canada Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Canada Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Mexico
      • Mexico Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Mexico Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
  • Europe
    • Europe Atmospheric Water Generator Market, By Product
      • Cooling Condensation
      • Wet Desiccation
    • Europe Atmospheric Water Generator Market, By Application
      • Commercial
      • Residential
      • Industrial
    • Germany
      • Germany Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Germany Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • France
      • France Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • France Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Italy
      • Italy Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Italy Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Finland
      • Finland Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Finland Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • UK
      • UK Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • UK Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Turkey
      • Turkey Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Turkey Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
  • Asia Pacific
    • Asia Pacific Atmospheric Water Generator Market, By Product
      • Cooling Condensation
      • Wet Desiccation
    • Asia Pacific Atmospheric Water Generator Market, By Application
      • Commercial
      • Residential
      • Industrial
    • China
      • China Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • China Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • India
      • India Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • India Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Japan
      • Japan Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Japan Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • South Korea
      • South Korea Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • South Korea Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Australia
      • Australia Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Australia Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
  • Central & South America
    • Central & South America Atmospheric Water Generator Market, By Product
      • Cooling Condensation
      • Wet Desiccation
    • Central & South America Atmospheric Water Generator Market, By Application
      • Commercial
      • Residential
      • Industrial
    • Brazil
      • Brazil Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Brazil Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Argentina
      • Argentina Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Argentina Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial 
  • Middle East & Africa
    • Middle East & Africa Atmospheric Water Generator Market, By Product
      • Cooling Condensation
      • Wet Desiccation
    • Middle East & Africa Atmospheric Water Generator Market, By Application
      • Commercial
      • Residential
      • Industrial
    • UAE
      • UAE Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • UAE Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial
    • Saudi Arabia
      • Saudi Arabia Atmospheric Water Generator Market, By Product
        • Cooling Condensation
        • Wet Desiccation
      • Saudi Arabia Atmospheric Water Generator Market, By Application
        • Commercial
        • Residential
        • Industrial

Atmospheric Water Generator Market Dynamics

Driver: Decline in freshwater levels

Determining a water source's renewability is based on the water cycle. Water bodies such as rivers, ponds, lakes, and groundwater that can be replenished through natural processes are considered renewable. However, deep aquifers, which have a prolonged replenishment rate in terms of human time, are classified as non-renewable. Unfortunately, river beds and lakes are drying up due to the increasing global temperature and inadequate rainfall, leading to water scarcity. The rapid growth of industrialization and infrastructure development, particularly in developing countries, has also contributed to the water shortage. The graph provided below illustrates the water stress levels in different countries and regions in 2018. Water stress level refers to the ratio of freshwater withdrawal to available renewable freshwater resources. Freshwater is a vital resource for human survival and is utilized in households, agriculture, and industries. The depletion of water resources, coupled with the growing global population, poses a significant threat to both humans and animals. Over the past decade, per capita water availability has significantly decreased. According to the World Bank, the global renewable internal freshwater resources per capita declined from 8,019.19 m3 in 1992 to 5,658 m3 in 2018. As freshwater levels continue to decline and water resources deplete, along with rapid infrastructure development, the demand for freshwater for industrial and drinking purposes is expected to increase. This, in turn, is projected to drive the demand for atmospheric water generators in the foreseeable future.

Driver: Rising technological advancements

The advancement of research and development in AWG technology is poised to empower manufacturers to create highly efficient generators with minimal environmental impact. The primary concerns for manufacturers revolve around the significant carbon footprint and the need for high power input. The carbon footprint of AWG is attributed mainly to the use of coal-based electricity as its power source. AWG has a significantly higher carbon footprint than reverse osmosis and desalination units. Many manufacturers have embarked on new product development initiatives to address these challenges that incorporate onboard power generation units such as wind turbines and solar panels. While this inclusion increases the overall cost of the product due to the addition of solar panels, it simultaneously reduces the overall cost of electricity, which is a significant concern for AWG users. Additionally, a few companies have started manufacturing atmospheric water generators that utilize the wet desiccation method, eliminating the need for a dehumidifier that operates on a power source, thereby reducing power consumption. These generators use a brine solution containing various salts as a dehumidifier, effectively collecting air moisture. Furthermore, the collected air requires less cooling than refrigerant-based atmospheric water generators. The continuous improvement in efficiency and cost-effectiveness is expected to attract a larger consumer base towards atmospheric water generators, thereby increasing the market penetration of these units across various regions.

Restraint: High carbon footprint

The emission of greenhouse gases from cooling condensation-type AWG units poses a significant threat to the environment due to their high power consumption. In contrast to clean water generation units like reverse osmosis and desalination plants, these AWG units powered by coal or non-renewable energy sources have much higher carbon footprints. However, the future looks promising as several manufacturers are implementing onboard power generation units using wind turbines and solar panels to address these concerns. Additionally, the use of Chlorofluorocarbon (CFC)-based refrigerants in atmospheric water generator units is another issue being tackled by manufacturers. They are actively substituting these refrigerants with alternatives that offer better performance and reduce environmental impact.

What Does This Report Include?

This section will provide insights into the contents included in this atmospheric water generator market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Atmospheric water generator market qualitative analysis

• Industry overview

• Industry trends

• Market drivers and restraints

• Market size

• Growth prospects

• Porter’s analysis

• PESTEL analysis

• Key market opportunities prioritized

• Competitive landscape

  • Company overview

  • Financial performance

  • Product benchmarking

  • Latest strategic developments

Atmospheric water generator market quantitative analysis

• Market size, estimates, and forecast from 2018 to 2030

• Market estimates and forecast for product segments up to 2030

• Regional market size and forecast for product segments up to 2030

• Market estimates and forecast for application segments up to 2030

• Regional market size and forecast for application segments up to 2030

• Company financial performance