Global Atmospheric Water Generator Market 2019–2023
A
key factor driving the growth of the market is the growing adoption of
solar AWGs. Solar AWGs employ either solar panels to generate
electricity or solar thermal energy to produce water. The use of solar
AWGs is gaining popularity in hot and humid regions as it can eliminate
dependence on the irregular power supply and help cut down electricity
costs.
Solar-powered
AWGs are especially useful in remote areas designated for military use,
in developing countries, for off-grid communities, and refugee camps,
which may not have a direct connection to utility electricity supply.
Such advantages are expected to drive the demand for solar AWGs during
the forecast period.
This global atmospheric water generator (AWG) market 2019–2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019–2023.
Global AWG market: New technological developments in AWG market
Technological
developments and innovations in AWGs will fuel global AWG market growth
during the forecast period. Researchers are currently focusing on
improving the efficiency of water generation and reducing equipment
cost. The development of advanced filtration systems, advanced oxidation
processes, electrically improved harvesting, and automatic variable
filtration technology are some of the new technologies that are being
incorporated by manufacturers into their AWG offerings. Other
technologies for AWG include sustainable hybrid AWGs and the use of
asphalt solar collectors for inexpensive water collection in hot and
humid regions. Such technologies are expected to witness greater
adoption by AWG manufacturers during the coming years.
Global AWG market: Segmentation analysis
This
market research report segments the global AWG market by technology
(cooling condensation and wet desiccation) and geographical regions
(APAC, Europe, MEA, North America, and South America).
The
APAC region led the market in 2018 with a market share of over 34%,
followed by North America, Europe, MEA, and South America, respectively.
However, during the forecast period, the MEA region is expected to
register the highest incremental growth of over 1%.
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