U.S. Atmospheric Water Generator Market Size & Outlook
U.S. atmospheric water generator market, 2018-2030 (US$M)
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U.S. atmospheric water generator market highlights
- The U.S. atmospheric water generator market generated a revenue of USD 204.1 million in 2023 and is expected to reach USD 357.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.3% 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 204.1 million |
| Market revenue in 2030 | USD 357.3 million |
| Growth rate | 8.3% (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, U.S. accounted for 8.3% 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 North America, U.S. atmospheric water generator market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 72.4 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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U.S. 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 75.45% in 2023. Horizon Databook has segmented the U.S. atmospheric water generator market based on industrial, commercial, residential covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominated the North America AWG market in 2021 and accounted for 71.6% of the market share in terms of revenue. This can be attributed to the robust demand for AWG units from industrial sector on account of the product capability to generate over 75,000 liters of water per day. The country is witnessing climate change, resulting in droughts in some parts of the U.S.
According to National Drought Mitigation Center and United States Department of Agriculture (USDA), 57 million people are living in drought areas mostly in the western U.S. while 83% of western U.S. area is facing moderate or worse drought conditions.
Increasing pure water demand coupled with unsteady rainfalls and growing population is expected to have a positive impact on the market growth. The U.S. AWG market witnesses the presence of numerous AWG manufacturers such as SkyWater Air Water Machines, Air2Water LLC, and Ambient Water, Inc. These players are engaged in manufacturing AWG units suitable for a wide array of residential, commercial, and industrial applications.
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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 U.S. atmospheric water generator market , including forecasts for subscribers. This country databook contains high-level insights into U.S. atmospheric water generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. atmospheric water generator market size, by application, 2018-2030 (US$M)
U.S. Atmospheric Water Generator Market Outlook Share, 2023 & 2030 (US$M)
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