Asia Pacific Atmospheric Water Generator Market Size & Outlook
Asia Pacific atmospheric water generator market, 2018-2030 (US$M)
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Asia Pacific atmospheric water generator market highlights
- The Asia Pacific atmospheric water generator market generated a revenue of USD 888.7 million in 2023.
- The market is expected to grow at a CAGR of 9.9% 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.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 888.7 million |
| Market revenue in 2030 | USD 1,722.4 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Asia Pacific region accounted for 36.2% of the global atmospheric water generator market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,722.4 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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Asia Pacific 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 71.93% in 2023. Horizon Databook has segmented the Asia Pacific atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. According to a report by the International Monetary Fund (IMF), the GDP growth in Asia Pacific contracted by 1.5% in 2020 in light of the containment measures and global economic slowdown during the COVID-19 pandemic.
The region’s GDP growth is expected to rebound to 7.6% in 2021, moderating to 5.4% in 2022. Asia Pacific dominated the global AWG market in 2021 and accounted for 35.7% of the overall market share in terms of revenue.
The growing number of AWG installations in the region can be attributed to water scarcity and depleting freshwater resources. Furthermore, rising industrialization coupled with growing infrastructure activities in the region is anticipated to augment the product demand over the forecast period.
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Our clientele includes a mix of atmospheric water generator market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific atmospheric water generator market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific atmospheric water generator market size, by country, 2018-2030 (US$M)
Asia Pacific Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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