Europe Atmospheric Water Generator Market Size & Outlook
Europe atmospheric water generator market, 2018-2030 (US$M)
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Europe atmospheric water generator market highlights
- The Europe atmospheric water generator market generated a revenue of USD 294.8 million in 2023.
- The market is expected to grow at a CAGR of 7.8% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 294.8 million |
| Market revenue in 2030 | USD 499.0 million |
| Growth rate | 7.8% (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, Europe region accounted for 12.0% 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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Europe 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 75.1% in 2023. Horizon Databook has segmented the Europe atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to Eurostat, the European Union’s total GDP had dropped by 5.9% in 2020, proving to be a huge setback for the European economy. The decline in GDP was due to a reduction in economic activity and restrictions implemented in 2020 on account of the COVID-19 pandemic.
According to the OECD, GDP will expand by 2.6% in 2022 and 1.6% in 2023. This downturn is the effect of the Russia-Ukraine war and lockdowns in China. Furthermore, rising commodity costs and supply-side disruptions will fuel inflation.
Government backing, considerable salary increases, and ongoing job creation are all factors supporting the region’s economic development. Atmospheric water generators demand in Europe is expected to rise throughout the projected period due to the presence of modern infrastructure and facilities, increased research and development activities, and the availability of a highly qualified workforce.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe atmospheric water generator market , including forecasts for subscribers. This continent databook contains high-level insights into Europe atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe atmospheric water generator market size, by country, 2018-2030 (US$M)
Europe Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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