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CHICAGO, UNITED STATES, February 19, 2024 /EINPresswire / — The atmospheric Water Generator (AWG) market is witnessing an extraordinary surge, set to expand from US$ 1,982.10 million in 2022 to a staggering US$ 6,311.90 million by 2031.Demonstrating a robust Compound Annual Growth Rate (CAGR) of 13.74% during the forecast period of 2023–2031, this growth underscores the urgent shift towards sustainable and renewable water sources.
Atmospheric Water Generators, innovative devices designed to extract water from the humidity in the air, are at the forefront of addressing the critical issue of freshwater scarcity.Their increasing adoption is driven by a confluence of factors, including heightened awareness around water safety regulations, the deteriorating condition of existing freshwater sources, and the escalating demand for sustainable alternatives.
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This market expansion is emblematic of a broader shift towards renewable energy solutions, notably highlighted by the rising popularity of solar-powered AWGs.These advancements reflect a proactive response to the global water crisis, offering a beacon of hope for regions grappling with water scarcity.
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Competitive Landscape
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Key Players
Air 2 Water Solutions
AirOWater
Akvo Atmospheric Water Systems Pvt.Ltd.
Atlantis Solar
Clean Wave Products
Dew Point Manufacturing
Drinkable Air Technologies
Genaq Technologies SL
Island Sky Corporation
Planets Water
Ray Agua
Water Technologies International Inc.
Watergen Ltd.
Zhongling Xinquan(Fujian) Air Drinking Water Technology Co., Ltd (HENDRX)
Other Prominent Players
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Segmentation Outline
By Technology
Cooling Condensation
Wet Desiccants
Solid Desiccants
By Power
Solar
Electric
By Capacity
Up to 80 litres
80-500 litres
500-1000 litres
More than 1000 litres
By Installation
Indoor
Outdoor
By Application
Residential
Commercial
Industrial
Others
By Distribution Channel
Online
Offline
Direct
Distributor
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
Saudi Arabia
South Africa
UAE
Rest of MEA
South America
Argentina
Brazil
Rest of South America
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