Atmospheric water generator market from cooling condensation may surpass USD 8 billion at the end of 2024

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.

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Atmospheric water generator market from cooling condensation may surpass USD 8 billion at the end of 2024. 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.

APAC dominated the global Atmospheric Water Generator market for 2015 with India and China playing a key role in the regional industry growth. Growing commercial & residential expenditure in regions like Indonesia, China and India is predicted to promote the regional demand. Factors like presence of large number of component producers, less production costs and low labor charges are predicted to fuel the industry expansion.

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.

Browse key industry insights spread across 115 pages with 132 market data tables & 11 figures & charts from the report, “Atmospheric Water Generator Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/atmospheric-water-generator-awg-market

Atmospheric Water Generator market share may be constrained on the grounds of high electricity consumption, increasing concern toward GHG emissions and high technology costs. Despite being a rather transformative technology, its deployment may face glitches at certain times. Certain units are likely to require more than 2.5 kWh per liter of power for operation, which may lead to problems in its deployment in areas with high electricity tariffs. Nonetheless, major AWG market giants such as Island Sky Corporation, Saisons Technocom and Watair Inc., Ecoloblue, Atlantis Solar, Fujian Yuxin Electronic, and Konia have been ramping up their efforts to conceptualize innovative technologies that may reduce GHG emissions and associated costs to a great extent, which will gradually catalyze atmospheric water generator industry share in the ensuing years.

Some Points From Table Of Content: –
Chapter 5 Atmospheric Water Generator market Application Insights
5.1 Global atmospheric water generator market volume share by application, 2015 & 2024
5.2 Residential
5.2.1 Market estimates and forecast, 2013-2024, (Units) (USD Million)
5.2.2 Market estimates and forecast, by region, 2013-2024, (Units) (USD Million)
5.3 Industrial
5.3.1 Market estimates and forecast, 2013-2024, (Units) (USD Million)
5.3.2 Market estimates and forecast, by region, 2013-2024, (Units) (USD Million)
5.4 Commercial
5.4.1 Market estimates and forecast, 2013-2024, (Units) (USD Million)
5.4.2 Market estimates and forecast, by region, 2013-2024, (Units) (USD Million)

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/atmospheric-water-generator-awg-market

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Source URL: https://marketersmedia.com/atmospheric-water-generator-market-is-expected-to-grow-at-a-rate-of-30-by-2024/88918508

Source: MarketersMedia

Release ID: 88918508

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