Global Cell Therapy Market By Use-Type (Research-use and Clinical-use), By Therapy Type (Autologous Therapies and Allogenic Therapies), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Atmospheric Water Generator Market Overview:

The global atmospheric water generator market was worth USD 2,910 million in 2021. It is expected to nurture at an 8.3% compound yearly growth rate (CAGR), between 2023 to 2032.

Industry growth will be driven by freshwater shortage and technological investments, followed by satisfactory regulations. The COVID-19 epidemic resulted in frequent lockdowns, which led to increased drinking water claims in areas such as camps for migrants, isolated COVID-19 labs, and areas where water supply disruptions were common. As countries explore mountable, autonomous, and robust technologies for water sanctuary, the COVID-19 pandemic will likely increase petitions for atmospheric water generators.

Global Atmospheric Water Generator Market Scope:

Product Analysis

Cooling condensation products dominated the global market, accounting for more than 98.3% of total revenue in 2021. The segment’s growth is expected to be boosted by water scarcity issues in different countries, as well as a rising ultimatums from various industrial and commercial sectors. For water generation, cooling condensation uses primarily electronic and electrical components.

Over the forecast period, equipment demand will be influenced by growing industrial activity in countries like Germany, the U.S., and China. The mandate for wet desiccation will raise at a stable CAGR of 1.4% between 2023 to 2032 in terms of revenue. Wet desiccation is a relatively new technology and is often used in large-scale businesses and army bases.

Wet desiccation does not use a dehumidifier, which means that energy consumption is lower than cooling condensation. The salts in the brine used to create atmospheric water generators for wet desiccation may cause corrosion. These toxic inhibitors have been banned by many governments, which will slow down the demand for AWGs that use wet desiccation.

Application Analysis

The market’s largest segment, the segment of industrial application, accounted for more than 72.8% of global revenue in 2021. Expect a rise in demand for AWGs of industrial grade from beverage bottling plants, military or government facilities for water safety, and food growing facilities with more than 15,100 liters per day.

Atmospheric water generators with low maintenance requirements and a low impact on the environment are in high demand. SkyH2O is integrating technology into new water infrastructure projects in order to provide fresh potable water to water districts as well as major commercial and industrial water users.

This will help to support segment evolution. Over the estimated period, the segment of commercial application will grow at 9.6% CAGR. To alleviate water shortages, commercial AWGs can be found in commercial buildings such as theatres and hotels. These units have an onboard power source which allows for long-term power generation and lowers electricity costs. Market expansion will be driven by the increasing number of smart city initiatives, especially in developed countries.

All over the globe, communities have started to invest in modernizing their water infrastructure in order to provide safe and clean drinking water for all. The market is expected to grow due to the funding provided by international administrations for example UNICEF and WHO. The market progress will be slowed by the high initial costs and ongoing operating expenses associated with atmospheric water generators.

Key Market Segments

By Product

• Cooling condensation
• Wet Desiccation

By Application

• Residential
• Industrial
• Commercial

Market Dynamics

AWGs are expected to be in high demand after the pandemic. This is due to increased water consumption and hygiene awareness. The market will be driven by an estimated US$ 35,100 million investment to improve the U.S.’s water infrastructure. This was done through the Drinking Water Infrastructure Act.

It was passed in April 2021. The factors likely to drive equipment demand include rising water scarcity, groundwater depletion, global supply chain disruptions, and other government initiatives. The demand for atmospheric water generators will be boosted by policies that promote the establishment of water infrastructure.

To ensure safe drinking water, strict regulations and policies are enforced by governments, such as the Drinking Water Directive for EU countries, Safe Drinking Water Act in America, and Drinking Water Quality Standards for Japan. These policies will likely boost growth during the forecast period.

The main concerns for residential consumers are high capital requirements and the maintenance involved in AWGs. Low purchasing power in the Asia Pacific, Middle East, and Africa regions is limiting the residential market growth. Researchers are constantly looking for new technologies to lower the cost of equipment manufacturing.

Regional Analysis

The Asia Pacific dominated the market, accounting for 36.4% global revenue share in 2021. This was due to several factors such as depleting freshwater resources and water scarcity. The region’s rapid industrialization and expanding infrastructure operations are expected to increase product demand during the forecast period. The region’s product demand will rise due to the increasing urbanization and changing consumer habits.

AWG units are also needed to meet the growing demand for water generation options such as the uncertainty surrounding rainfall and rising drought. Over the forecast period, North America is expected to grow at a substantial CAGR. The industry is expected to grow in auspicious climatic conditions, including high relative humidity and a reduction of freshwater reserves. This will be aided by technological advances. Over the forecast period, the industry is expected to see a rise in demand due to the depletion and subsequent years of scarcity in South America and Central America.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share Analysis

Manufacturers will be able to create generators that are more efficient and have a lower environmental impact from the rising research and development in GENAQ Technologies S.L., AWG technology, Akvo Atmospheric Water Systems Pvt. Ltd., Ray Agua, have been able to develop innovative AWGs such as AKVO and AQUAIR. Due to the relatively simple production process, several manufacturers are involved in the manufacturing of products for residential segments. The majority of industrial AWG units are manufactured after they have been ordered by end-users.

Key Market Players

• PlanetsWater
• Water Technologies International, Inc.
• Akvo Atmospheric Water Systems Pvt. Ltd.
• Hendrx Water
• Dew Point Manufacturing
• Air 2 Water Solutions
• Ray Agua
• SkyWater Air Water Machines
• Atlantis Solar
• Other Key Players

For the Atmospheric Water Generator Market research study, the following years have been considered to estimate the market size: