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The global atmospheric water generator market is expected to witness a higher CAGR in the forecast period. The atmospheric water generation is an equipment for converting humid air into water and is mainly done by cooling the air to a relatively low temperature. Under highly humid conditions with no rainfall, water is obtained by condensing water vapor in the air. The device the converts atmospheric moisture into drinking water form. The water vapor is condensed to water droplets for this purpose. For instance, a peltier module is deployed as a thermoelectric device, as the device uses latent heat to change water vapor molecule into water droplets.From the commercial aspect, atmospheric water generation techniques are expected to remain constant in the upcoming years in regards to rising awareness against side effects of water generation techniques. Cooling condensation and wet desiccation are primarily two methods for atmospheric water generation. Cooling condensation attributes as a larger segment in the atmospheric water generator market, since cooling condensation techniques are widely used in high humid areas and is the preferred system in the market. On the other hand, wet desiccation techniques use hygroscopic compounds to soak up water from air and then segregate the compound and water to gain pure water. Even though, the wet desiccation techniques receive an overwhelming response, the dominance of cooling condensation techniques still remain prevalent.
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Market Drivers and Restraints:
Atmospheric water generator market is driven by factors such as increasing urbanization and industrialization resulting in total climate change that triggers the demand for freshwater. Also, the steady demand for freshwater in residential sector boosts the market growth. Governments around the world are now showing keen interest for installing atmospheric water generation base for commercial and residential needs. In addition, favourable funding for R&D to enhance the performance of the substance contributes to the market growth in the near future. However, excessive use of desalination coupled with increasing costs for obtaining water from environment acts as a major restraint in the atmospheric water generator market for the forecast period up to 2023.
Product segmentation for atmospheric water generator market include,
• Cooling condensation
• Wet Desiccation
Application segment for atmospheric water generator market include,
• Industrial
• Commercial
• Residential
Geographical segmentation for atmospheric water generator market include,
• North America
• Europe
• SouthEast Asia
• China
• Japan
• India
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The key players in the atmospheric water generator market include
• Saisons Technocom Pvt Ltd
• WaterMaker India Pvt Ltd
• Atlantis Solar
• Island Sky Corp
• Air2Water LLC
• DewPoint Manufacturing
You will find following details in this report:
In the Global Atmospheric Water Generator Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
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