Atmospheric Water Generator Market Share, Scope Analysis 2023-2029

The global Atmospheric Water Generator Market size was valued at USD 2,672.5 million in 2021 and is poised to grow at a significant CAGR of 9.3% during the forecast period 2023-29. The primary factors that drive the market are water shortage, climate change, increasing demand for freshwater, rapid industrial development, growth of population, and suitable government initiatives. The global atmospheric water generator market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In October 2021, the world’s first onboard atmospheric water generator for RVs and campers was launched by Watergen.