Global Atmospheric Water Generator Market (AWG) 2019 by Technology, Size and share, geographical regions – Forecast 2023


Posted August 8, 2019 by Sarahbennu

Global atmospheric water generator market size will grow by USD 3 billion during 2019-2023 at a CAGR of 23%, with cooling condensation segment having the largest market share.

 
Atmospheric water generator market analysis indicates growth will be driven by the growing adoption of solar AWGs. Atmospheric water generator industry growth will also be impacted by the new technological developments in the AWG market. A key factor driving the growth of the market is the growing adoption of solar AWGs. Solar AWGs employ either solar panels to generate electricity or solar thermal energy to produce water. The use of solar AWGs is gaining popularity in hot and humid regions as it can eliminate dependence on the irregular power supply and help cut down electricity costs. Solar-powered AWGs are especially useful in remote areas designated for military use, in developing countries, for off-grid communities, and refugee camps, which may not have a direct connection to utility electricity supply. Such advantages are expected to drive the demand for solar AWGs during the forecast period.

As per Technavio, new technological developments in AWG market will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global atmospheric water generator (AWG) market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Global AWG market: New technological developments in AWG market

Technological developments and innovations in AWGs will fuel global AWG market growth during the forecast period. Researchers are currently focusing on improving the efficiency of water generation and reducing equipment cost. The development of advanced filtration systems, advanced oxidation processes, electrically improved harvesting, and automatic variable filtration technology are some of the new technologies that are being incorporated by manufacturers into their AWG offerings. Other technologies for AWG include sustainable hybrid AWGs and the use of asphalt solar collectors for inexpensive water collection in hot and humid regions. Such technologies are expected to witness greater adoption by AWG manufacturers during the coming years.

“Many government agencies and international organizations are spreading awareness and advocating the development, adoption, and effective implementation of water safety standards and regulations. The increase in public awareness about waterborne diseases and related regulations along with technological developments in AWG, will drive the demand for AWGs across the world,” says a senior analyst at Technavio.

Global AWG market: Segmentation analysis

This market research report segments the global AWG market by technology (cooling condensation and wet desiccation) and geographical regions (APAC, Europe, MEA, North America, and South America).

The APAC region led the market in 2018 with a market share of over 34%, followed by North America, Europe, MEA, and South America, respectively. However, during the forecast period, the MEA region is expected to register the highest incremental growth of over 1%.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem
Market characteristics
Market segmentation analysis
Market Sizing

Market definition
Market size and forecast
Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison
Key leading countries
Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered
Vendor classification
Market positioning of vendors
Competitive scenario
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By sarahbennu
Phone 8443641100
Business Address Elmhurst
Country United States
Categories Industry , Services , Technology
Tags atmospheric water generator industry , atmospheric water generator market , atmospheric water generator market industry analysis , atmospheric water generator market report 2019 , atmospheric water generator market research , atmospheric water generator market share , atmospheric water generator market size , global atmospheric water generator market
Last Updated August 8, 2019