Australia Atmospheric Water Generator Market Size & Outlook
Australia atmospheric water generator market, 2018-2030 (US$M)
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Australia atmospheric water generator market highlights
- The Australia atmospheric water generator market generated a revenue of USD 65.6 million in 2023 and is expected to reach USD 134.9 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.8% 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 65.6 million |
| Market revenue in 2030 | USD 134.9 million |
| Growth rate | 10.8% (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, Australia accounted for 2.7% 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 Asia Pacific, China atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 157.1 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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Australia 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 73.48% in 2023. Horizon Databook has segmented the Australia atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the OECD, the GDP of Australia contracted by 2.4% in 2020. However, the country’s economy is expected to recover with a GDP of 4.1% in 2022. The government issued a COVID-19 stimulus package amounting to over USD 66 billion for businesses affected by the pandemic, which is projected to benefit AWG market.
Sydney along with the towns in New South Wales and Queensland have been facing drinking water shortage in the past. Furthermore, extreme climate change, of which bushfires were an indication, are likely to make the water crisis worse in the country.
The New South Wales government in September 2021 released a draft strategy to create policies for water supply. In this report, the government has recommended desalination plants, which are expensive. The advent of atmospheric water generators in Australia may pave the path to save Australia from future water crises.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Australia atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia atmospheric water generator market size, by application, 2018-2030 (US$M)
Australia Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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