Argentina Atmospheric Water Generator Market Size & Outlook
Argentina atmospheric water generator market, 2018-2030 (US$M)
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Argentina atmospheric water generator market highlights
- The Argentina atmospheric water generator market generated a revenue of USD 71.8 million in 2023 and is expected to reach USD 135.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2023.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
Atmospheric water generator market data book summary
| Market revenue in 2023 | USD 71.8 million |
| Market revenue in 2030 | USD 135.8 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Commercial, Residential |
| Key market players worldwide | Akvo, Dew Point, Aqua Ray, WaterMaker India, Water Technologies International Inc, SkyWater Technology Inc, Drinkable Air Technologies, Energy And Water Development Corp, WaterGen, Air2Water, Ecoloblue JAPAN |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.9% of the global atmospheric water generator market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 135.8 million by 2030.
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Atmospheric Water Generator Market Scope
Atmospheric Water Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina atmospheric water generator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to atmospheric water generator market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 75.77% in 2023. Horizon Databook has segmented the Argentina atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina was already in economic turmoil before the COVID-19 pandemic. According to the IMF, the country’s economy contracted by 2.2% in 2019. As per OECD estimates, Argentina’s economy is grew by 10.6% in 2021, while the country reported a contraction of 9.9% in GDP in 2020 due to the outbreak of the COVID-19 pandemic, as per the data provided by the World Bank.
Economic aid and stand-by loans from the IMF and restructuring of debts are likely to improve the economic profile of the country in the coming years. Argentina has been facing severe droughts over the years, which is having an adverse impact on the economy.
According to OECD, the country faced one of the worst droughts in 2017-18, which negatively affected the GDP by 2%. In August 2021, the Paraná River had the lowest water levels in 80 years, according to the National Water Institute of Argentina.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Argentina atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina atmospheric water generator market size, by application, 2018-2030 (US$M)
Argentina Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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