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 technologies are being integrated into AWG products to provide more effective and affordable solutions for water-scarce regions. For instance, researchers at the University of Texas, Austin, have developed an affordable gel-film material that can extract water from the air in even the driest climates, producing approximately six liters of water per day. These advancements represent a departure from conventional air condensing methods and are crucial for addressing global water scarcity challenges.
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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 |
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Report Coverage |
Details |
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Page number |
192 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.9% |
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Market growth 2025-2029 |
USD 1562.4 million |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
8.8 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Egypt, Oman, Argentina, UAE, Brazil, China, US, Japan, Germany, India, Canada, UK, France, UAE, and Brazil |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Atmospheric Water Generator (AWG) Market encompasses technologies that extract water from the air using various energy sources like solar and wind power. These systems function based on the dew point principle, where water condenses when the air temperature drops below the dew point. Ambient humidity is a crucial factor in the efficiency of these systems. The harvested water undergoes rigorous purification processes, including reverse osmosis, UV disinfection, filtration media, water treatment, water quality testing, water analysis, water chemistry assessment, and water pressure regulation. Energy harvesting and storage solutions are integral to these systems' sustainability, ensuring economic, social, and environmental sustainability. Green and water technologies, water infrastructure development, water resource management, and water policy are key areas of focus in the market. Water conservation strategies, such as water footprint reduction, water reuse, gray water, and black water recycling, are essential components of the AWG Market. Water efficiency, water savings, and water flow rate are essential metrics to evaluate the market's progress. Water temperature, water hardness, water salinity, and water pH are critical water quality parameters. Water consumption and pressure regulation are also essential considerations.
The Atmospheric Water Generator (AWG) market is a segment of the larger industrial machinery and supplies and components market, which encompasses businesses producing machinery and components for various industries. This market includes manufacturers of presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the global industrial machinery and supplies and components market size is determined by the consolidated revenue of these manufacturers supplying equipment for industrial applications. The market's expansion will be fueled by several factors, including the increasing industrial output in process and discrete industries, the growing demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages in developing countries, the emphasis on renewable energy and energy efficiency, and the need for water conservation and sustainable water solutions. The Atmospheric Water Generator (AWG) market specifically benefits from these trends as it offers water generation, air purification, and water filtration solutions, making it an essential component in industrial settings.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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