Atmospheric Water Generator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2023
Global Atmospheric
Water Generator Market: Overview
Atmospheric water
generation refers to the technique of obtaining water of various
purity grades from the atmosphere. Atmospheric water generation has
risen in demand rapidly in the last few years owing to the steady
fall in the availability of fresh water. Atmospheric changes caused
by global climate change have resulted in average temperatures rising
all over the world, leading to a decline in the amount of fresh water
available to humans for residential as well as industrial purposes.
This is expected to continue in the coming years, with the per capita
availability of water expected to drop steadily in the coming years.
Rising awareness regarding the ill effects of these factors has
helped boost the global atmospheric water generation market.
Atmospheric water
generation is primarily done in two ways: cooling condensation and
wet desiccation. Of these, cooling condensation is by far the largest
segment of the global atmospheric water generator market. Cooling
condensation systems function by concentrating humid air and cooling
it down to temperatures that turn the water vapor into dew. The ease
of use of this system and its high efficiency have made it the
preferred system in the global atmospheric water generator market.
On the other hand,
wet desiccation atmospheric water generators utilize hygroscopic
compounds to soak up water from the air, and then separate the water
from the compound to acquire pure water. Various substances,
including brine, reactive lithium halides, and silica gel, can be
used in wet desiccation atmospheric water generators. Though demand
for wet desiccation systems is rising, the global atmospheric water
generator market is expected to be thoroughly dominated by the
cooling condensation segment in the coming years.
Global Atmospheric
Water Generator Market: Drivers and Restraints
The major driver
propelling the global atmospheric water generator market is the
rising acknowledgment of the adverse effects of climate change on
global availability of freshwater. Human activities, such as rapid
industrialization and urbanization, have also had a part to play in
the exacerbation of global climate change. As a result, several
governments around the world have shown a keen interest in
establishing atmospheric water generation infrastructure for both
residential and commercial needs. The easy operation of atmospheric
water generators and their high output ratio means that widespread
residential application of atmospheric water generators is feasible,
which could ameliorate the problem of water shortage significantly.
Despite the
dominance of cooling condensation systems in the global atmospheric
water generator market, the wet desiccation segment is expected to
enjoy rising demand in the coming years. The major reason for this is
that cooling condensation systems require high amounts of
electricity, which can entail yet more damage to the environment in
countries that haven’t yet utilized renewable sources to their full
capacity. The lower power requirement of wet desiccation systems will
thus propel the segment in the coming years, aided by R&D into
improving the performance of substances used to soak up water. This
remains a highly lucrative research avenue for players in the
atmospheric water generator market.
Request For Custom
Research @
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=10526
The preexisting
utilization of water desalination as a useful means of acquiring
water from the environment is a major restraint on the atmospheric
water generator market. However, the cost advantage and higher
efficiency of advanced atmospheric water generators will help the
market for the latter overtake the water desalination market in the
near future.
Global Atmospheric
Water Generator Market: Regional Overview
The dynamic
industrial sector in developing Asia Pacific countries, allied to the
rampant urbanization seen in the region, has played a major part in
propelling the global atmospheric water generator market. The rising
need for fresh water will keep this regional market among the leaders
in the global atmospheric water generator market. Along with Asia
Pacific, the Middle East and Africa is also expected to emerge as a
major player in the global market. The drastic water scarcity in this
region and the high costs of establishing large-scale desalination
plants will ensure steady demand for atmospheric water generation
from this region.
Major players
operating in the global atmospheric water generator market include
Saisons Technocom Pvt. Ltd., Dew Point Manufacturing, WaterMaker
India Pvt. Ltd., Island Sky Corporation, Atlantis Solar, Air2Water
LLC, etc
Comments
Post a Comment