Italy Atmospheric Water Generator Market Size & Outlook
Italy atmospheric water generator market, 2018-2030 (US$M)
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Italy atmospheric water generator market highlights
- The Italy atmospheric water generator market generated a revenue of USD 43.1 million in 2023 and is expected to reach USD 79.8 million by 2030.
- The Italy market is expected to grow at a CAGR of 9.2% 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 43.1 million |
| Market revenue in 2030 | USD 79.8 million |
| Growth rate | 9.2% (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, Italy accounted for 1.8% 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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Italy 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 74.25% in 2023. Horizon Databook has segmented the Italy atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to World Bank, the country’s GDP stood at 1.89 trillion in 2020. However, the country’s economic growth has taken a severe toll due to the outbreak of COVID-19. According to an economic forecast published by the IMF, the country’s GDP declined by 8.9% in 2020 and is likely to expand by 5.8% in 2021 and 4.2% in 2022.
Prolonged supply shortages and significantly rising energy prices cloud the short-term prospects. In the short term, eroding spending power and declining consumer confidence are likely to weigh on real GDP growth, particularly in consumer services. Due to sharp recovery in 2021, investment spending growth is expected to decrease but remain steady in 2022 and 2023, spurred by initiatives included in Italy’s Recovery and Resilience Plan.
The water infrastructure in Italy has been primarily based on springs, lakes, and rivers, which are under pressure. This is expected to change with the European Commission approving the Italy Recovery plan worth USD 215 billion in 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Italy atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy atmospheric water generator market size, by application, 2018-2030 (US$M)
Italy Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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