UK Atmospheric Water Generator Market Size & Outlook
UK atmospheric water generator market, 2018-2030 (US$M)
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UK atmospheric water generator market highlights
- The UK atmospheric water generator market generated a revenue of USD 36.3 million in 2023 and is expected to reach USD 65.4 million by 2030.
- The UK market is expected to grow at a CAGR of 8.7% 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 36.3 million |
| Market revenue in 2030 | USD 65.4 million |
| Growth rate | 8.7% (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, UK accounted for 1.5% 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 Europe, Germany atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 79.8 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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UK 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 76.03% in 2023. Horizon Databook has segmented the UK atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, the UK is anticipated to witness GDP growth of 3.6% in 2022. This growth can be attributed to the fact that the majority of the population in the country has been vaccinated and economic constraints have been gradually relaxed there.
A favorable legal and regulatory environment in the UK, coupled with a coherent industrial strategy, is expected to have a positive impact on the growth of atmospheric water generator market in the UK.
According to the UK Environment Agency, the UK is expected to run short of water in the next 25 years. Factors such as climate change and continuously increasing population of the country are expected to cause water shortage in the UK. According to the Office for National Statistics of the UK, the population of the country is estimated to go beyond 69.6 million from an estimated 67.1 million in 2020.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into UK atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK atmospheric water generator market size, by application, 2018-2030 (US$M)
UK Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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