Saudi Arabia Atmospheric Water Generator Market Size & Outlook
Saudi Arabia atmospheric water generator market, 2018-2030 (US$M)
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Saudi Arabia atmospheric water generator market highlights
- The Saudi Arabia atmospheric water generator market generated a revenue of USD 106.5 million in 2023 and is expected to reach USD 198.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 9.3% 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 106.5 million |
| Market revenue in 2030 | USD 198.0 million |
| Growth rate | 9.3% (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, Saudi Arabia accounted for 4.3% 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 Middle East & Africa, UAE atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 198.0 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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Saudi Arabia 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 74.08% in 2023. Horizon Databook has segmented the Saudi Arabia atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank forecast, the GDP of Saudi Arabia contracted by 4.1% in 2020 owing to the COVID-19. Post pandemic, the economy of the country is expected to grow by 7.8% in 2022, while the economy of G20 countries is anticipated to grow by 2.9% owing to rising oil prices in the region and ongoing non-oil activities as oil output is expected to increase worldwide and pandemic pressure subside, according to the economic projection of OECD for 2022.
Saudi Arabia has restricted its direct trade with Russia and Ukraine. The economic consequences of the UkraineRussia conflict have improved the medium-term budgetary and external outlook of Saudi Arabia.
Water was always a scarce resource in Saudi Arabia and thus, the country is investing billions in setting up desalination plants. According to the Saline Water Conversion Corporation (SWCC), Saudi Arabia had 33 desalination plants in 17 locations as of October 2021. However, with huge costs required for desalination plants, Saudi Arabia is likely to search for alternatives for water.
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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 country-level data and insights on the Saudi Arabia atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia atmospheric water generator market size, by application, 2018-2030 (US$M)
Saudi Arabia Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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