The spiraling demand for clean water for both human consumption and industrial use will spark off a promising phase of growth for the global atmospheric water generator market, predicts Transparency Market Research in a new report. The report is titled, ‘Atmospheric Water Generator Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023.’ Atmospheric water generation techniques help obtain water directly from the ambient air by processing atmospheric gases. The technique has attracted the interest of several countries that are facing a severe shortage of fresh water. The continued rise in global temperatures is expected to further reduce the availability of fresh water in several parts of the world – this is expected to create a sustained demand for atmospheric water generators.
How well the global atmospheric water generator market performs will be directly proportional to the per capita water availability. The report notes that cooling condensation system for atmospheric water generation will be a preferred technique over wet desiccation. The cooling condensation technique currently claims a larger portion in the overall revenues of the global atmospheric water generator market. The larger share of this segment can be ascribed to the efficiency of this technique and its ease of use in various settings.
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The need for the use of numerous materials and a slightly more complex mechanism in the wet desiccation technique for atmospheric water generation is leading consumers to opt for cooling condensation instead. As a result of this, though the global demand for atmospheric water generation using wet desiccation will continue to steadily rise, the market – for the most part – will be dominated by the cooling condensation technique, the report states. However, the major drawback associated with cooling condensation atmospheric water generators is that they consume massive amounts of electricity, which makes them a less attractive option in areas where electricity is not available in abundance.
The report also discusses existing alternative technologies that could pose a challenge to the growth of the global atmospheric water generator market. Means such as water desalination could eat into the revenues of the global atmospheric water generator market, the report states. However, the former will only have a mild impact on the demand for atmospheric water generators because it still doesn’t carry a clear cost advantage.
Water scarce regions such as the Middle East and Africa where industrial expansion is afoot will present a very remunerative opportunity for the growth of the atmospheric water generator market, states the report. In order to gain a holistic view of the regional dynamics in this market, the report segments the market into the following geographic segments: Asia Pacific, North America, Middle East and Africa, Europe, and Latin America.
Profiles of the following companies are included in the report: Saisons Technocom Pvt. Ltd., WaterMaker India Pvt. Ltd., Dew Point Manufacturing, Atlantis Solar, Island Sky Corporation, and Air2Water LLC.
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