Hendrx Corp Leading GCC Atmospheric Water Generator Market
According to a recently published TechSci Research report, “GCC Atmospheric Water Generators Market By Type, By Application, By Country, Competition Forecast & Opportunities, 2012 – 2026’’, GCC atmospheric water generators market is projected to grow at a CAGR of 12.4% during 2017-2026. Growth is expected to be driven by adverse climatic conditions, rising demand for pure water due to growing population, reducing potable water resources and increasing per capita consumption of water, which stood at 550 liters per capita per day in 2016, in GCC. Moreover, introduction of solar power panels based atmospheric water generators technology is anticipated to propel the demand for atmospheric water generators in the region in the coming years.
Browse 46 Figures spread through 86 Pages and an in-depth TOC on “GCC Atmospheric Water Generator Market“
In 2016, Saudi Arabia dominated the GCC atmospheric water generators market and the same trend is expected to continue through 2026. Desalination plants are the main sources of generating potable water in Saudi Arabia. Since these plants involve high cost and result in a lot of water wastage, demand for atmospheric water generators is anticipated to increase in the country during the forecast period. Atmospheric water generators are of two types, namely, cool condensation and wet desiccation. Of these types, market for wet desiccation atmospheric water generators is forecast to grow at a CAGR of 15%, in value terms, during 2017-2026, as they generate low-carbon footprint and use brine salts that are discharged by desalination plants for water generation.
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“Backed by rising urbanization, increasing number of government policies aimed at water management and growing demand for water from agricultural, construction and tourism sectors within the region, the GCC atmospheric water generators market is expected to witness boisterous growth during forecast period. Moreover, revised electricity and water tariffs in several GCC member nations would further propel demand for atmospheric water generators in the region over the course of next ten years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“GCC Atmospheric Water Generators Market By Type, By Application, By Country, Competition Forecast & Opportunities, 2012 – 2026” has evaluated the future growth potential of GCC atmospheric water generators market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in atmospheric water generators market in GCC.
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