Market Research on Atmospheric Water Generator (AWG) Market

2019 and Analysis to 2024: Graphical Research

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 Global atmospheric water generator (AWG) market size is predicted to exceed USD 8.5 billion by 2024 as a result of its
applications in commercial, residential, and industrial sectors. Scarcity of fresh water due to exhaustion of water
resources like drying of lakes & rivers as a result of less rainfall & high temperatures is predicted to boost the demand
for atmospheric water generators. Rising investments in infrastructure expansion & industrial growth are projected to
increase the fresh water requirements for industrial & residential applications and this will boost the AWG industry
growth trends over the next eight years. As per the WHO reports, over half of the world population suffers from
waterborne ailments and AWG systems are the best alternative which can fulfill the clean & fresh drinking water
requirement of the people across the globe.

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Atmospheric water generator (AWG) market size is projected to reach 220.5 thousand units by 2024
Atmospheric water generator (AWG) industry size evaluated at over 30.5 thousand units in 2017, is expected to reach
258.56 thousand units by 2024, growing at a CAGR of around 30% over the period of 2018-2024. Lack of availability of
fresh water along with infrastructure growth is predicted to increase the need for freshwater for industrial and
residential uses. This, in turn, is predicted to boost the demand for atmospheric water generators in coming years.
Furthermore, government initiatives at a global level such as Japan’s DWQS (Drinking Water Quality Standard), Safe
Drinking Water Act in U.S., National Rural Drinking Water Program in India, and European Union’s drinking water
directive are predicted to fuel the market growth by ensuring availability of pure drinking water.

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 However, high power consumption by AWG systems along with greenhouse gas emissions adding to environmental
pollution are few of the factors predicted to hinder the market growth over the forecast timeline.
Atmospheric water generator (AWG) market is segmented in terms of products, applications, and regions.

Wet desiccation AWG market is forecast to grow at a CAGR of around 34.5% over 2018-2024

Wet desiccation Atmospheric water generator (AWG) market estimated at 600 units in 2017, is predicted to grow
substantially at a rate of around 34.5% over the period of 2018-2024 owing to technological innovation resulting in
growing demand.

Cooling condensation AWG market, having contributed towards over 95% of the overall demand in 2017, is predicted
to witness a noticeable growth over the forecast timeline. Technological innovations contributing to power
conservation and effective power production are few of the factors predicted to drive the segment growth.

Industrial applications segment is predicted to grow at a CAGR of around 31% over 2018-2024

Residential segment led the application landscape in 2017 by contributing about 55% to the overall volume and is
predicted to witness a noticeable growth over the forecast timeline due to growing customer awareness about the
technological benefits of using AWG systems in residential applications.

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 MEA atmospheric water generator (AWG) market is forecast to grow at a CAGR of 39.6% over 2016-2024

MEA AWG market, contributing about 27% of the overall demand in 2017, is predicted to witness a substantial growth over
the period of 2016-2024 owing to the scarcity of fresh water reservoirs along with high costs of investments in setting up of
desalination units.

Asia Pacific Market, dominating the regional segment by contributing USD 400 million in 2014, is anticipated to witness a
noticeable growth over the forecast timeline owing to growing investments in infrastructure activities, presence of leading
component producers, low costs of production, and availability of cheap labor. India, Thailand, China, and Indonesia are
predicted to contribute majorly towards the regional growth.

Key industry participants include Saisons Technocom Private Limited, Air2Water LLC, Ambient Water, Fujian Yuxin Electronic
Equipment Company Limited, and Atlantis Solar Environmental Products.

Segments Covered in this Report:

Atmospheric water generator (AWG) Market Share (By product)

• Cooling condensation
• Wet desiccation

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 Atmospheric water generator (AWG) Market Size (By application)
• Residential
• Commercial
• Industrial

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Table of Content
Chapter 1 Research Methodology
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 List of Data Sources

Chapter 2 Executive Summary

2.1 AWG market snapshot, 2013 - 2024

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 Chapter 3 AWG Industry Insights
3.1 AWG market segmentation
3.2 AWG market size and growth prospects, 2013 - 2024
3.3 AWG value chain analysis
3.3.1 Vendor landscape
3.4 Technology overview
3.4.1 Cooling condensation atmospheric water generators
3.4.1.1 Refrigeration condensing
3.4.1.2 Pressure condensing
3.4.1.3 Combination technique
3.4.2 Wet desiccation atmospheric water generators
3.5 Regulatory framework
3.5.1 Atmospheric water generator market dynamics
3.5.2 Market driver analysis
3.5.2.1 Decline in fresh water levels
3.5.2.2 Technological advancements
3.5.2.3 Supportive Regulations
3.5.3 Market restraints analysis
3.5.3.1 High power requirement

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 3.5.3.2 High carbon footprint
3.6 AWG key growth opportunities
3.7 Competitive scenario
3.8 Porter’s analysis
3.9 PESTEL analysis
3.10 Potential markets
3.11 Buyer landscape
3.11.1 Potential buyers
3.12 Feasibility analysis

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