North America Atmospheric Water Generator Market Size & Outlook
North America atmospheric water generator market, 2018-2030 (US$M)
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North America atmospheric water generator market highlights
- The North America atmospheric water generator market generated a revenue of USD 288.1 million in 2023.
- The market is expected to grow at a CAGR of 8.5% 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, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 288.1 million |
| Market revenue in 2030 | USD 510.4 million |
| Growth rate | 8.5% (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, North America region accounted for 11.7% 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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North America 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 75.63% in 2023. Horizon Databook has segmented the North America atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Ideal climatic conditions concerning high relative humidity along with the rapid reduction of freshwater reserves in North America are expected to propel the market growth. Technological advancements related to the superior performance of AWG units, in terms of high-quality water generation, are anticipated to bolster the market growth in the region over the forecast period.
Increasing commercial and industrial AWG installations coupled with rising demand for sustainable water sources are expected to augment the market growth. However, the region has a wellestablished pure water supply system, especially for residential applications, which is expected to hamper market growth over the forecast period.
Increasing demand for water supply in agriculture and commercial applications in Mexico is anticipated to augment the demand for atmospheric water generators. Mexico is one of the key markets for AWG in North America owing to the high relative humidity and temperature in the country. In addition, growing demand for pure water in the country is expected to drive the product demand over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America atmospheric water generator market , including forecasts for subscribers. This continent databook contains high-level insights into North America atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America atmospheric water generator market size, by country, 2018-2030 (US$M)
North America Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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