Market Analysis Report Atmospheric Water Generator Market

Your Catalyst to a Lucrative Business
Atmospheric Water Generator Market Share, Size,Growth, Key
Players, Outlook and Forecasts to 2024 | Hexa Research
“ The global atmospheric water generator (AWG) market is expected to
witness growth at a CAGR of over 20% in the forecast period.”
26 December 2018
The global atmospheric water generator (AWG) market is expected to witness growth at a CAGR of over 20%
in the forecast period (2016 to 2024). Rising demand for these products across large -scale industries; like oil
& gas, steel, and paper should positively impact the industry. Moreover, technological improvements giving
high water output also generate more sales.
Declining availability of fresh water resources along with higher infrastructural expenses are said to drive the
industry. Prices of machines from different manufacturers vary depending on applications, product efficiency,
and quality. Most market products need ample electricity which could be impossible at some places,
restraining the growth of this market.
However, technological advancements in AWG products to provide on-board power supply; for example,
solar panels can positively influence the industry during the next eight years. Also, several dealers in the
supply chain may pose industry challenge, resulting in unwanted hold-ups through manufacturing. Hence, the
incorporation of AWGs across the value chain would be the key to market sustenance from 2016 to 2024.
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