Middle East & Africa Atmospheric Water Generator Market Size & Outlook
Middle East & Africa atmospheric water generator market, 2018-2030 (US$M)
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MEA atmospheric water generator market highlights
- The MEA atmospheric water generator market generated a revenue of USD 527.1 million in 2023.
- The market is expected to grow at a CAGR of 9.4% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 527.1 million |
| Market revenue in 2030 | USD 991.1 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 21.5% of the global atmospheric water generator market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,722.4 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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Middle East & Africa 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 74.43% in 2023. Horizon Databook has segmented the Middle East & Africa atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The water output offered by atmospheric water generators primarily depends on the temperature and humidity of the surrounding atmosphere. The gulf countries have dry and hot air, which is unsuitable for AWGs, however, the region has high humidity levels during evening and night, which can be used to produce a significant amount of water from AWGs.
These attributes coupled with the rising demand for industrial-grade AWGs in the army base camps are expected to stimulate market growth over the forecast period. Majority of the AWG units require regular cleaning, which makes them less user-friendly.
In addition, water generation costs are high for AWGs compared to conventional water purification systems. This is expected to hamper the product demand in recent times. However, technological advancements related to improving water output efficiency and substitution of energy sources in AWGs are expected to propel market growth over the coming years.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa atmospheric water generator market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA atmospheric water generator market size, by country, 2018-2030 (US$M)
Middle East & Africa Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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