Global atmospheric water generator market is set to register robust growth between 2023 and 2032 due to increasing water pollution levels across the globe. Besides, the introduction of favourable State-backed regulations regarding safe drinking water in the Asia Pacific region is likely to drive the demand for atmospheric water generators. Similarly, in December 2020, the European Parliament adopted a revised Drinking Water Directive. The main objective behind this directive is to protect human health from the effects of contaminated water, intended for human consumption.
Overall, the global atmospheric water generator market is segregated on the basis of product, application, and region.
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Based on product, the market is likely to be characterized by the wet desiccation segment. The wet desiccation method is feasible and has certain benefits, and there is increasing consumer awareness regarding the same. Besides, presence of substantial technological innovations regarding different effective soaking agents in a wet desiccation device will positively impact the industry.
In terms of application, the atmospheric water generator market from residential segment is set to grow at a 16% CAGR through the analysis timeframe. Due to rising cases of waterborne diseases, there is an increase in the number of atmospheric water generator installations, and this trend will foster market growth. Additionally, there is a growing consumer awareness regarding the health benefits of drinking clean and fresh water, which will further fuel the demand for AWGs to be used in residential areas.
In terms of region, the AWG market has been bifurcated into Asia Pacific, MEA, and LATAM. Among them, the atmospheric water generator market is set to grow tremendously in the MEA region and will reach around $1.90 billion by the end of 2032. The region is witnessing an increasing application of AWGs in the healthcare and medical sector due to the rising demand for safe and sterilized drinking water to avoid water-borne diseases, which will fuel the product demand. Besides, presence of large-scale companies that are currently engaging in developing various products will also drive the regional growth.
On the contrary, the AWG market in the LATAM region will grow at 15% CAGR through the estimated timeframe, primarily owing to improper sanitation, which has led to an increase in water pollution levels and waterborne diseases.
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Some of the key players in the AWG market are Air2Water LLC, Akyo Atmospheric Water Systems Pvt Ltd, Atmospheric Water Solutions Inc., Shenzhen FND Air & Water Technology Development, Island Sky Corporation, Planets Water Corp, Sun-To-Water Technologies, Veragon Water Solutions Ltd, Aquacello Sky Water, and VayuJAL Technologies Pvt. Ltd.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Atmospheric water generators market 3600 synopsis, 2018 – 2032
2.2 Business trends
2.3 Regional trends
2.4 Product trends
2.5 Application trends
Chapter 3 Atmospheric Water Generator Market Insights
3.1 Introduction
3.2 Impact of COVID-19 outbreak
3.2.1 Global outlook
3.2.2 Regional impact
3.2.2.1 North America
3.2.2.2 Europe
3.2.2.3 Asia Pacific
3.2.2.1 Latin America
3.2.2.2 MEA
3.2.3 Industry value chain
3.2.3.1 Raw material suppliers
3.2.3.2 Manufacturers
3.2.3.3 Marketing & distribution channels
3.3 Atmospheric water generator ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Collaborations/Partnerships
3.3.2.2 Distributors
3.3.2.3 Technology Providers
3.3.2.4 Service Provider
3.3.3 Impacts of the COVID-19 on the industry value chain
3.4 Pricing analysis
3.4.1 North America (USD/Unit)
3.4.2 Europe (USD/Unit)
3.4.3 Asia Pacific (USD/Unit)
3.4.4 LATAM (USD/Unit)
3.4.5 MEA (USD/Unit)
3.4.6 Cost structure analysis
3.4.7 Covid-19 impact on pricing trends
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 EPA, Safe Drinking Water Act
3.5.1.2 WHO guidelines for drinking-water quality
3.5.2 Europe
3.5.2.1 The Drinking Water Directive
3.5.2.2 Water protection and management
3.6 Technology and innovation landscape
3.6.1 Cooling condensation
3.6.1.1 Refrigeration condensing
3.6.1.2 Pressure condensing
3.6.1.3 Combination technique
3.6.2 Wet desiccation
3.6.2.1 Brine
3.6.2.1.1 Corrosion
3.6.2.1.2 Cost
3.6.2.1.3 Safety
3.6.2.2 Filtration
3.6.2.2.1 Air intake
3.6.2.2.2 Brine circulation
3.6.2.2.3 Water output
3.6.3 Solar-powered atmospheric water generator
3.7 Patent analysis
3.8 Industry impact forces
3.8.1 Growth drivers
3.8.1.1 Decline in freshwater reserves promoting AWG systems demand
3.8.1.2 Technological innovations
3.8.1.3 Supporting regulations regarding safe drinking water which is likely to drive AWG demand
3.8.2 Industry pitfalls & challenges
3.8.2.1 High carbon footprint
3.8.2.2 High power consumption
3.9 Porter’s analysis
3.9.1 Industry Rivalry
3.9.2 Bargaining power of suppliers
3.9.3 Bargaining power of buyers
3.9.4 Threat of new entrants
3.9.5 Threat of substitutes
3.10 PESTLE Analysis
3.11 Growth potential analysis, 2022
3.11.1 Emerging business model
3.11.1.1 Acquisitions/Partnerships
3.11.1.2 New product launches
3.12 Impacts of COVID-19 on atmospheric water generation demand, by application
3.12.1 Industrial
3.12.2 Commercial
3.12.3 Residential
3.13 Russia Ukraine War on atmospheric Water Generator Market
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