Market revenue in 2023 | USD 195.9 million |
Market revenue in 2030 | USD 358.8 million |
Growth rate | 9% (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 74.53% in 2023. Horizon Databook has segmented the UAE atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The shortage of groundwater resources is a key factor in promoting the demand for AWGs across the UAE. However, the rising investments in the construction of water desalination plants owing to the availability of seawater are expected to hinder market growth over the forecast period.
The insights obtained from key opinion leaders suggest that the superior water quality and taste of the water obtained from AWGs are expected to be the driving factors for the AWG market over water desalination plants, particularly in residential and commercial sectors.
The atmospheric water generators witnessed robust demand in the UAE owing to the high bottled water prices, which is a key factor in promoting the market growth. Furthermore, optimum temperature conditions, particularly in the evening hours, and high consumer spending compared to other countries in the region are expected to drive the demand for AWG over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into UAE atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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