Mexico Atmospheric Water Generator Market Size & Outlook
Mexico atmospheric water generator market, 2018-2030 (US$M)
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Mexico atmospheric water generator market highlights
- The Mexico atmospheric water generator market generated a revenue of USD 39.2 million in 2023 and is expected to reach USD 72.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.1% 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 39.2 million |
| Market revenue in 2030 | USD 72.4 million |
| Growth rate | 9.1% (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, Mexico accounted for 1.6% 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 North America, U.S. atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 72.4 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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Mexico 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 76.02% in 2023. Horizon Databook has segmented the Mexico 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’s (IMF) Economic Outlook, Mexico’s GDP had dropped by 8.24 % in 2020. This decrease can be attributed to the nation-wide lockdown to limit the spread of the coronavirus.
According to the OECD, Mexico’s GDP is expected to improve by 1.9% in 2022 and 2.1% in 2023. Mexico is one of the most preferred country for manufacturers due to the ease of conducting business activities.
Mexico has access to major markets, the country has executed Reciprocal Investment Promotion and Protection Agreements (RIPPAs) to reduce operation cost, geographical proximity, and availability of supply sources for distributors and retailers which is projected to benefit AWG manufacturers over the forecast period.
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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 Mexico atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Mexico atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico atmospheric water generator market size, by application, 2018-2030 (US$M)
Mexico Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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