Atmospheric water generation (AWG) refers to a technique of obtaining water of various purity grades from the atmosphere. The system of atmospheric water generator employs the principle of condensation process as it extracts water vapor from the air. This extraction process is done via cooling the air below its dew point, pressurizing the air, or revealing the air to desiccants. This extracted water is then filtered several numbers of times to remove redundant particles so that it can afterward be utilized as potable water.
According to study, “Global Atmospheric Water Generator Market to reach USD 6.93 billion by 2026” the key companies operating in the global atmospheric water generator market are Watair Inc., Saisons Technocom Pvt. Ltd., Dew Point Manufacturing, Water Maker India Pvt. Ltd., Water Technologies International, Inc., Planets Water Ltd., Ambient Water, Island Sky Corporation, Atlantis Solar, Fujian Yuxin Electronic Co. Ltd. Key players are focusing on the development of new technologies such as advanced filtration systems, advanced oxidation process, and automatic variable filtration technology to boost water generation efficiency and reduce equipment cost. The adoption of water vapor selective membrane technology enhances the effective condensation rate of water vapor by separating moist air from ambient air. Such technological advancements are anticipated to drive the growth of the AWG market during the forecast period.
Based on product, atmospheric water generator market is segmented as cooling condensation machines and wet desiccation machines. Cooling condensation machines segment dominates the market owing to higher output along with widespread accessibility of cooling condensation machines. Additionally, the wet desiccation machines segment is expected to witness higher growth rate due to technological breakthrough associated with the replacement of brine salt with liquid brine in order to increase the humidity separation from air during the forecast period. In addition, based on the application, market is segmented as residential applications and industrial applications. Industrial grade atmospheric water generators are mainly used in water vending machines, government or military facilities for water security, bottling facilities for beverages, communities having contaminated groundwater, food processing facilities, and industrial and commercial facilities with critical water needs.
The atmospheric water generator market is driven by growth in technological advancements, followed by decline in freshwater levels and favorable government regulations. However, high power requirement and high carbon footprint may impact the market. Moreover, growth in technological advancements in the product field which offers high water output is anticipated to present an opportunistic market for atmospheric water generators.
Based on geography, the Asian-Pacific region is the leading region in global atmospheric water generator market owing to rapid industrialization, which demands extensive use of water for multiple manufacturing processes in the region. Whereas, the European and North-American regions are anticipated to exhibit highest growth rate due to growth in population along with rise in scarcity of water sources caused by the drying of lakes and uneven rainfall over the forecast period. The global atmospheric water generator market is valued approximately at US $1.6 billion in 2018 and is predictable to grow with a healthy growth rate of more than 20.1% over the forecast period 2019 to 2026.
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Ankur Gupta, Head Marketing & Communications