PUBLISHER: Allied Market Research | PRODUCT CODE: 1140339
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140339
The global atmospheric water generator market size was valued at $2,450.9 million in 2021, and is projected to reach $9,703.5 million by 2031, registering a CAGR of 14.8% from 2022 to 2031.
Atmospheric water generators obtain drinking water through the condensation of water vapor contained in the atmospheric air. It uses the thermodynamic cycle with mechanical refrigeration technology and advanced electronic control. Technology advancements have been made to boost effectiveness and, consequently, minimize energy use and optimize water generation.
The automatic water generators involve air and water treatments by removing suspended particles and volatile organic compounds present in air and water. It ensures optimal conservation of stored water to guarantee the greatest quality of water and to promote water mineralization for drinking purposes.
Moreover, governments of various countries are installing atmospheric water generators for safe drinking water and to reduce wastage of water. For instance, in June 2021, a Watergen GEN-M atmospheric water generator was installed at the Treasure Cay Community Building and Medical Clinic in Bahamas, providing a much-needed clean drinking water solution to this struggling community. Thus, rise in demand for atmospheric water generators for non-residential and residential purposes is a major driver for the growth of the atmospheric water generator market.
The market is segmented on the basis of type, capacity, application, and region. On the basis of type, the market is divided into cooling condensation and wet desiccation. On the basis of capacity, the market is divided into up to 60 liters, 61-500 liters, 501-1000 liters, and more than 1,000 liters. By application, the market is divided into residential and non- residential. Region-wise, the market analysis is conducted across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
Key Market Segments
By Type
By Capacity
By Application
By Region