Atmospheric Water Generator Market Forecasts to 2030 - Global Analysis By Product, Production Volume Rate, Application and By Geography

According to Stratistics MRC, the Global Atmospheric Water Generator Market is accounted for $3.00 billion in 2024 and is expected to reach $8.28 billion by 2030 growing at a CAGR of 18.4% during the forecast period. Atmospheric water generation is the technique of obtaining water of a variety of purity grades from the atmosphere. In atmospheric water generator, water vapour in the air is condensed either by cooling the air below its dew point, by exposing the air to desiccants, or by pressurizing the air. Though using atmospheric water generator, a considerable amount of water can be extracted, the extraction of atmospheric water may not be entirely free of cost.

According to UNICEF, almost two-thirds of the world's population faces water shortages for at least one month each year. According to the World Health Organization, by 2050, more than half of the world's population is projected to reside in water-stressed areas.

Market Dynamics:

Driver:

Growing Water Scarcity

With increasing industrialization activities, growing population and rising socio-economic developments, the consumption of water has been increased dramatically around the world. According to the United Nations World Water Development, water consumption is expected to increase by 20 to 30% as compared to current water use. Such factors are responsible for unnecessary stress on freshwater resources. Air to water is a proven technology to extract water from humid air. Therefore, these systems are widely installed as a parallel source for clean water. Hence, with the increase in water demand and scarcity, the demand for this market is increasing.

Restraint:

High Cost

High product cost is one of the factors restraining the growth of the market, especially in household and light commercial applications. Moreover, these systems consume a significant amount of electricity and require continuous supply to operate efficiently. This, in turn, increases the overall cost of the operation.

Opportunity:

Novel Technology Developments

The uninterrupted research operations centering on the improvement regarding the efficiency of water generation and equipment cost reduction are influencing the adoption of it, globally. The research studies have resulted in the development of some new technologies including advanced filtration systems, electrically improved harvesting, advanced oxidation processes, and automatic variable filtration technology. These novel technologies are being integrated within varied of its offerings by manufacturers to mark their position in the global market share by creating a unique mechanism to help conserve water.

Threat:

Competition From Alternative Technologies

Technologies such as desalination, rainwater harvesting, and advanced water filtration systems often offer more cost-effective and established solutions for water scarcity. Desalination, for instance, is highly effective in coastal areas, while rainwater harvesting is simpler and less energy-intensive. These alternatives can limit the adoption of atmospheric water generators, particularly in regions where they are already in widespread use, posing a challenge for market growth.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the Atmospheric Water Generator (AWG) market. Disruptions in the global supply chain led to delays in the manufacturing and delivery of AWG systems. However, the increased emphasis on health and hygiene during the pandemic heightened the demand for clean and safe drinking water solutions, boosting interest in AWGs. Additionally, the remote work trend and lockdowns underscored the importance of self-sufficiency in water supply, further driving market growth.

The wet desiccation segment is expected to be the largest during the forecast period

The wet desiccation segment in the Atmospheric Water Generator (AWG) market is experiencing notable growth due to its efficient water extraction capabilities in diverse climatic conditions. This technology leverages hygroscopic materials to absorb moisture from the air, which is then extracted and condensed into liquid water. Its effectiveness in low-humidity environments, compared to other AWG methods, makes it particularly appealing for regions with arid climates. Additionally, advancements in materials science and energy efficiency are driving down operational costs, further boosting its adoption.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment of the Atmospheric Water Generator (AWG) market is experiencing significant growth due to increasing awareness of water scarcity and the need for sustainable water solutions. Homeowners are increasingly adopting AWGs to ensure a reliable and independent source of clean drinking water, particularly in areas with limited access to fresh water. Additionally, the growing emphasis on health and wellness is encouraging consumers to invest in these devices to avoid contaminants often found in municipal water supplies. Environmental concerns and the desire to reduce plastic waste from bottled water are also contributing to the rising demand in the residential market.

Region with largest share:

The Asia Pacific is projected to hold the highest market share, owing to the increasing demand for pure water which is free from biological contamination and low mineralization, and a rise in consumer awareness in eminent countries such as China and India. This is because the Asian countries are the prime consumers of it, followed by China. Owing to the fastest increasing water scarcity in Southeast Asian countries, these generators are gaining popularity for producing water. Moreover, in Asia Pacific potable water is not sufficiently distributed as compared to its growing population. Such factors are expected to create lucrative opportunities for the market in the Asia Pacific.

Region with highest CAGR:

Middle East & Africa is projected to have the highest CAGR. The Middle East and African countries have been facing water scarcity due to extreme weather conditions. These regions are heavily dependent on water bottles & desalination plants to meet their daily water requirements. Air to water system provides a more economical way to produce potable water. Hence, these systems are rapidly adopted in the province. Furthermore, GCC is a key contributor to the growth of the market and is expected to maintain its leading position during the forecast period.

Key players in the market

Some of the key players in Atmospheric Water Generator market include Air2Water LLC, AirOWater Pvt Ltd, Akvo Atmospheric Water Systems Pvt Ltd, Atlantis Solar, Atmospheric Water Solutions, Inc, Bharat Electronics Ltd, Cirrus Water, Dew Point Manufacturing, Drinkable Air, Inc, Element Four Technologies, Inc, Energy and Water Development Corp (EAWD), Majik Water, Planets Water Corp, Quest Water Solutions, SkyH2O, Inc, Skywell, LLC, Sun-To-Water Technologies, LLC, Veragon Water Solutions Ltd, Water Harvesting Solutions, Inc, Watergen Ltd, World Environmental Solutions Pty Ltd and Yueqing Kemao Electric Co Ltd.

Key Developments:

In February 2024, SkyWater Technology has signed a production agreement with Nautilus Biotechnology to supply silicon-based microfluidic bio chips for Nautilus' proteome analysis system. This announcement is a significant milestone for SkyWater as Nautilus transitions from its Advanced Technology Services (ATS) custom development program to SkyWater's Wafer Services program.

Products Covered:

• Cooling Condensation
• Wet Desiccation
• Solar-Powered Atmospheric Water Generator

Production Volume Rates Covered:

• 1L - 500L
• 500L - 1000L
• 1000L - 5000L
• 5000L - 10000L

Applications Covered:

• Industrial
• Government and Army
• Commercial
• Residential
• Healthcare
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances