Mississauga, ON -- (SBWIRE) -- 03/26/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Ambient Water Signs Major Distribution Agreement in Asia."
Companies mentioned in this article include Ambient Water Corporation (OTCBB:AWGI).
It would come as a surprise to many investors that the global water market is worth a whopping $360 billion, with an annual growth rate of 4%-5%. While nearly half of the market is comprised of municipal utility services revenues, around 47%-48% of the market is comprised of consulting, engineering, construction, operations and other services as well as equipment, technology and treatment chemicals.
One of the most interesting constituents of the global water market is the market for Atmospheric Water Generation (AWG) technology. AWG technology extracts water from the air and turns into clean, healthy drinking water. The technology offers a solution to the global shortage of drinking water.
The AWG technology is especially ideal in humid and warm countries of the Middle East and North Africa, Southeast Asia, Latin America and South America.
While the global water market is dominated by large players, there are some emerging players, especially in areas such as AWG technology. One such company is Spokane, Washington-based Ambient Water Corporation (OTCBB:AWGI) which is a designer and seller of atmospheric water generation products.
The full version of this article can be found at:
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