Japan Atmospheric Water Generator Market Size & Outlook
Japan atmospheric water generator market, 2018-2030 (US$M)
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Japan atmospheric water generator market highlights
- The Japan atmospheric water generator market generated a revenue of USD 93.1 million in 2023 and is expected to reach USD 185.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 10.3% 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 93.1 million |
| Market revenue in 2030 | USD 185.2 million |
| Growth rate | 10.3% (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, Japan accounted for 3.8% 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 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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Japan 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 72.29% in 2023. Horizon Databook has segmented the Japan atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Monetary Fund, the GDP growth of Japan declined by 4.6% in 2020 in the wake of the COVID-19 pandemic. The economic growth of Japan is expected to recover owing to increased business investments and rising consumer spending supported by shopping rebates.
Some of the key industries in the country include manufacturing, construction, automotive, and machinery. OECD estimated that the GDP growth of Japan will be 1.7% in 2022. Japan has a robust water infrastructure and water management system and tap water is safe to drink.
However, bottled water drinking is increasing in the country as desire for a healthier lifestyle is on the rise. However, future concerns on the radioactivity levels in the water is anticipated to pave way for alternative drinking water sources such as atmospheric water generators.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Japan atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan atmospheric water generator market size, by application, 2018-2030 (US$M)
Japan Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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