China Atmospheric Water Generator Market Size & Outlook
China atmospheric water generator market, 2018-2030 (US$M)
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China atmospheric water generator market highlights
- The China atmospheric water generator market generated a revenue of USD 380.8 million in 2023 and is expected to reach USD 729.5 million by 2030.
- The China market is expected to grow at a CAGR of 9.7% 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 380.8 million |
| Market revenue in 2030 | USD 729.5 million |
| Growth rate | 9.7% (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, China accounted for 15.5% 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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China 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 71.98% in 2023. Horizon Databook has segmented the China atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Monetary Fund, the GDP growth in China contracted by 2.3% in 2020. The economic growth in China was impacted by the deepening U.S.–China trade tensions as well as the outbreak of the COVID-19 pandemic in 2020.
The GDP growth rate of China was 8.1% in 2021. China was the epicenter of the COVID-19 pandemic, however, China has shown recovery in the last few months, supported by investments in infrastructure. Rapid industrialization in China has resulted in water and air pollution, which, in turn, is expected to affect rainfall as well as the purity of natural water resources.
Augmenting demand for safe and clean drinking water on account of growing population and decreasing freshwater resources is projected to bolster the AWG market growth in the economy 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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Horizon Databook provides a detailed overview of country-level data and insights on the China atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into China atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China atmospheric water generator market size, by application, 2018-2030 (US$M)
China Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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