Stratview Research has recently published a report on the Atmospheric Water Generator Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2023 to 2028.
The market is Segmented by Product Type (Cooling Condensation and Wet Desiccation), by Application Type (Industrial, Commercial, and Residential), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Atmospheric Water Generator Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Atmospheric Water Generator Market is estimated to grow from USD 2.48 billion in 2022 to reach USD 4.19 billion by 2028 at a CAGR of 9.13% during the forecast period.
Some of the companies drive the market growth:
- Air2Water, LLC
- Akvo Atmospheric Water Systems Pvt Ltd
- Ambient Water Corporation
- Atmospheric Water Solutions, Inc.
- Canadian Dew Technologies Inc.
- Drinkable Air, Inc.
- EcoloBlue, Inc.
- Element Four Technologies, Inc.
- Saisons Technocom Pvt. Ltd.
- Water Technologies International, Inc.
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The market is segmented as cooling condensation and wet desiccation. Cooling condensation is estimated to account for the major share of the market during the forecast period owing to its usage in various industrial, residential, and commercial buildings.
Furthermore, some of the other major factors including low maintenance cost, capital investment, and less power consumption are bolstering the demand in residential application.
Asia-Pacific shares more than 35% market in 2021 and is estimated to be the leading region in the market during the forecast period. The region’s market is driven by rapid infrastructure development, stringent regulations for water consumption and conservation, and ineffective water management. In addition, growing demand for atmospheric water generators due to water scarcity and depleting freshwater resources is further expected to fuel the market growth over the projected period.
North America and Europe are also expected to offer substantial growth opportunities during the projected period.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
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