The Atmospheric Water Generator (AWG) Market is being driven by Growing adoption of solar AWGs
The Atmospheric Water Generator (AWG) Market is expected to grow at a CAGR of 9.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1562.4 million. The atmospheric water generator (AWG) market is poised for significant growth due to ongoing technological advancements and innovations. Scientists are focusing on improving water production efficiency and reducing equipment costs, with recent developments including advanced filtration systems, innovative oxidation processes, electrical enhancement of harvesting, and automatic variable filtration technology. These advancements are revolutionizing AWG systems, enabling them to produce condensed drinking water even in water-scarce regions with low relative humidity. For instance, researchers at the University of Texas, Austin, have developed an affordable gel-film material that can extract six liters of water per day from the air at a humidity level as low as 15%. These advancements underscore the potential of AWGs to address global water scarcity challenges in a sustainable and cost-effective manner.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
192 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.9% |
Market growth 2025-2029 |
USD 1562.4 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
8.8 |
Key countries |
China, US, Japan, Germany, India, Canada, UK, France, UAE, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Atmospheric Water Generator (AWG) market offers water scarcity solutions through the production of fresh water using advanced AWG technology. This energy-efficient water generation method, which can be solar-powered, is ideal for residential water solutions as well as industrial water applications. Off-grid water supply and water security technologies are also benefiting from this humidity-based water extraction process. Decentralized water systems, utilizing water condensation methods and atmospheric moisture harvesting, provide sustainable water production for emergency situations. The market for AWGs is trending towards climate-adaptive water solutions, water purification technologies, and scalable water generation systems, making humidity extraction systems an essential part of the future of water production.
The Atmospheric Water Generator (AWG) market represents a significant opportunity within the industrial machinery and supplies sector, as businesses seek decentralized water solutions to mitigate water security risks. AWGs convert atmospheric moisture into drinking water, providing an alternative to traditional water infrastructure in areas affected by droughts or contamination. This market is expected to experience growth due to increasing water scarcity concerns and the need for sustainable water sources. According to Technavio, the global industrial machinery and supplies and components market, which encompasses companies manufacturing machinery and components including pumps and compressors, will expand due to rising industrial output and demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages in developing countries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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