Germany Atmospheric Water Generator Market Size & Outlook
Germany atmospheric water generator market, 2018-2030 (US$M)
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Germany atmospheric water generator market highlights
- The Germany atmospheric water generator market generated a revenue of USD 53.0 million in 2023 and is expected to reach USD 87.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.4% 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 53.0 million |
| Market revenue in 2030 | USD 87.2 million |
| Growth rate | 7.4% (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, Germany accounted for 2.2% 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 Europe, Germany atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 79.8 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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Germany 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 75.09% in 2023. Horizon Databook has segmented the Germany atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to IMF forecasts, the GDP of Germany contracted by 4.6% in 2020 due to the spread of COVID-19. The economy is projected to grow by 1.9% in 2022 and 1.7% in 2023 according to OECD, with the recovery slowed by Ukraine conflict and the Russian oil embargo.
Rising inflation weakens household purchasing power, dampening the recovery in private consumption. With global supply constraints in intermediate products preventing the local industry from ramping up pace despite robust domestic and international demand, the German economy was struggling to boost activity above and beyond 2% growth in 2021.
Furthermore, geopolitical and policy uncertainties continue to exist, which might impede its recovery to pre-crisis economic growth trends. Among them are rising interest rates in the U.S and Europe, as well as ongoing supply chain problems in Germany, which have resulted in shortage of raw materials like metals, plastic, and other, this would impact the atmospheric water generator market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Germany atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany atmospheric water generator market size, by application, 2018-2030 (US$M)
Germany Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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