India Atmospheric Water Generator Market Size & Outlook
India atmospheric water generator market, 2018-2030 (US$M)
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India atmospheric water generator market highlights
- The India atmospheric water generator market generated a revenue of USD 74.8 million in 2023 and is expected to reach USD 157.1 million by 2030.
- The India market is expected to grow at a CAGR of 11.2% 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 74.8 million |
| Market revenue in 2030 | USD 157.1 million |
| Growth rate | 11.2% (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, India accounted for 3.0% 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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India 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 75.27% in 2023. Horizon Databook has segmented the India atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, India’s GDP growth declined by 7.3% in 2020 due to the outbreak of COVID-19. The entire country was in lockdown in Q2 2020, which impacted the country’s GDP growth. It is expected that India’s GDP growth will recover in 2021 and stand at 12.5% in the same year.
The emphasis on manufacturing in India, as well as numerous government incentives, such as lower taxes and increased service exports as a result of the world’s greater digitization and technology transformation drive, are among the factors supporting the country’s economic development. Furthermore, various geopolitical spillover effects might boost India’s standing as a desirable alternative economic hub.
The rapid growth of industrial sector has resulted in water scarcity across various parts of the country. Growing construction and manufacturing activities in the economy are expected to boost the demand for atmospheric water generators. In terms of revenue, the AWG market in the country is primarily driven by industrial applications.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into India atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India atmospheric water generator market size, by application, 2018-2030 (US$M)
India Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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