Market revenue in 2023 | USD 16.4 million |
Market revenue in 2030 | USD 27.3 million |
Growth rate | 7.6% (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 |
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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% in 2023. Horizon Databook has segmented the Finland atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Oxford Economics, Finland’s economy is expected to grow at 2.3% in 2022 and 1.5% in 2023. The country has been able to have an economic revival. However, labor shortage may hamper the growth especially in the manufacturing sector.
Post-pandemic, Finland's growth potential is likely to be constrained by the aging population and weak productivity growth. Finland has fresh water in abundance and the groundwater is potable which requires no further treatment.
However, it is likely that aging water and wastewater infrastructure may create problems in the country. Higher humidity in Nordic areas is likely to create a conducive environment for atmospheric water generators, impacting the AWG market growth positively.
Horizon Databook provides a detailed overview of country-level data and insights on the Finland atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Finland atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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