Atmospheric Water Generator Market - Emerging Trends, Application Analysis and Demand to 2026

The industrial sector in atmospheric water generator market is projected to grow more than 30% through the forthcoming years. The product has massive application in industry verticals such as paper, steel, and oil and gas. These industries utilize desalinated water for drinking that results in high water cost and loss. Using atmospheric water generators can help industries attain clean and safe water in a cost-effective way. Technological advancements regarding power supply from solar energy in these devices may positively impel market size over the coming years.
The ever-increasing requirement for freshwater has driven the demand for atmospheric water generators over recent years. Insufficient rainfall due to climate change accompanied by growing temperature globally is increasing the pressure on freshwater resources. As a potential solution, atmospheric water generators are used to provide water, especially during water contamination, shortages, and other issues.
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According to a research report, the atmospheric water generator market is likely to reach a valuation of $11 billion through 2026.
Hygroscopic compounds like brine, reactive lithium halides and silica gel are used in this process. Growing R&D expenditure to build hygroscopic compounds for soaking in order to replace crystalline brine salts should majorly foster product share. In addition, wet desiccation devices use less energy in comparison with the other alternatives available in the market.
Wet desiccation-based atmospheric water generator market is projected to expand more than 30% through the study period. The product uses hygroscopic compounds to extract humidity from air and later segregate water from it.
Presence of firms working to develop brine solution technology and new designs is likely to have a positive influence on regional product demand. Suitable regulations including SDWA (Safe Drinking Water Act) are imposed by EPA to safeguard public drinking water. Based on these factors, North America atmospheric water generator market is projected to grow more than $510 million through 2026.
Natural disasters like hurricanes or public water infrastructure failures like pipe corrosion resulting in water contamination. Rise in such instances have surged the use of AWG technology. While growing product utilization in commercial, industrial, and residential applications is likely to propel atmospheric water generator market size over the coming years.
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Acquisitions, investment rounds, and collaborations, and product launch are some of key strategies used by market players in the AWG industry. Citing an instance, in December 2019, Indian startup Maithri Aquatech, launched a range of creative AWGs (Atmospheric Water Generators) to produce fresh water.
The competitive landscape of the global atmospheric water generator market is inclusive of players such as Element Four Technologies, Inc, EAWC Technologies, Canadian Dew Technologies, Atmospheric Water Solutions, Inc., Eshara Water, Aquacello, Atlantis Solar, Ambient Water Corporation, EcoloBlue, Inc, Akvo Atmospheric Water Systems Pvt Ltd, Ray Agua, Air2Water, and Drinkable Air among others.
On the geographical front, growing number of product deployment activities across commercial and household institutions is projected to push North America atmospheric water generator market size through 2026. The regional market is mainly led by the U.S. Commercial and household institutions in the country are observing increasing installations of AWG due to growing instances of water-borne diseases.
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