Atmospheric Water Generator Market anticipated to witness significant growth by 2024
Date: 2018-09-06   Author: Ronak Bora  Category: #industry

Atmospheric Water Generator Market anticipated to witness significant growth by 2024

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, Atmospheric Water Generator market may surpass USD 8.5 billion by 2024 according to this new research report. Growing public infrastructural developments due to rise in government investments has led to increase in atmospheric water generator installations at commercial places such as educational institutes, banks, public offices and municipal agencies thereby stimulating industry growth.

Declining natural fresh water reserves due to global climate change may fuel product demand. Strict regulatory norms led by EU and U.S. to ensure safe water supply to general public along with various manufacturers engaged in technological innovations to design efficient water generator which could reduce environmental concerns.
Atmospheric water generator market from cooling condensation may surpass USD 8 billion at the end of 2024.

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Increasing water scarcity due to low rainfall mainly in Asia Pacific region is along with developments in technology to reduce electricity and equipment cost which may have positive influence on industry growth.

Growing environmental concerns including high carbon foot print along with high power consumption may limit industry growth. However, key players developing technologies to increase sales in residential and commercial sector may drive atmospheric water generator market.

China atmospheric water generator Market is expected to reach USD 1.5 billion by 2024. Prolong water scarcity along with availability of substantial number of manufacturers and labors to produce high quality product may drive regional industry growth.
U.S. atmospheric water generator market may register gains at over 25% by 2024. Growing number of installation due to increasing awareness regarding AWG systems to offer pollutant free water may favor regional growth.

Germany atmospheric water generator market may witness significant gains at over 25% within forecasted timeframe. Stringent regulatory guidelines led by EU Commission and REACH to supply safe and clean water is likely to drive regional growth.

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Atmospheric water generator from industrial application may grow significantly with gains at over 30% at the end of 2024. Increasing application scope in heavy manufacturing such as oil & gas, paper and steel along with infrastructure industry may propel industry growth.

Commercial water generator systems may witness moderate growth owing to rising demand from commercial projects, military and institutions such as hospitals, schools, hotels and banks to provide clean & safe water thereby stimulating atmospheric water generator demand.

Global atmospheric water generator market share is moderately fragmented. Watair Inc, Dew Point, Sainsons Technocom, Atlantis Solar, Fijian Yuxin Electric, Ecoloblue and Island Sky corporation are some of the major players operating in this industry.



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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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