Market revenue in 2023 | USD 22.3 million |
Market revenue in 2030 | USD 38.2 million |
Growth rate | 8% (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 |
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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 75.78% in 2023. Horizon Databook has segmented the Turkey atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
Diminishing groundwater levels coupled with severe droughts are expected to result in the extreme scarcity of water in the coming years. This was evident when thousands of baby flamingos died due to the drought in Lake Tuz, the country’s second-largest lake.
Moreover, the hardness of the tap water has compelled local citizens to consume bottled water instead of tap water. This is anticipated to create a conducive environment for atmospheric water generator manufacturers.
Companies such as RePG Enerji A.Ş. have been focusing on developing a device that produces water using moisture and can even produce electricity using the same device. It is expected that the AWG market in the country can benefit from the AWG manufacturers based in Europe that are in search of drinking water markets.
Horizon Databook provides a detailed overview of country-level data and insights on the Turkey atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into Turkey atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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