Global Ozone Generators Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Ozone Generators Market Overview:
The Ozone Generators Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.
The Ozone Generators Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The Ozone Generators Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global ozone generators market report has been segmented based on technology, application, and region.
Ozone is naturally found at high altitudes in the atmosphere and it is a chemical that is highly reactive with other gases in the air.
Some air cleaners produce ozone as by-products, while some produced it intentionally for air and water purification which are ozone generators. Manufacturers of ozone generators largely use terms such as “activated oxygen”, “trivalent oxygen” or “energized oxygen”, to refer to replication of ozone by generators.
Lack of clean water is increasing the need for recycling and reuse. Water shortage and water pollution are driving demand for water purification, and ozone is considered one of the most effective sterilizers of water.
Rising demand for ozone generators from water treatment plants is a key factor driving growth of the global ozone generators market.
Rapid industrialization and increasing disposable income of the middle class are increasing consumer spending power and are another factor supporting the growth of the ozone generators market.
In addition, increasing emission of greenhouse gases (GHG) are destroying the stratospheric ozone layer and increasing air pollution.
Air purification systems are in demand to avoid health problems, which are caused by air pollution and particularly the production of ozone for purification.
Growing concerns about the environment and health are other key factors expected to drive growth of the global ozone generators market over forecast period.
Ozone generators are also used for water treatment in swimming pools and spas, due to their high oxidation potential, low harmful by-products, and quicker processing time compared to other traditional disinfection techniques.
Moreover, government expenditure on upgrading water infrastructure has also increased in the past decades across all regions.
The Asia Pacific is accounted for the highest share in terms of revenue in the global ozone generators market followed by North America and Europe.
The growth of ozone generators in Asia is largely due to growing industrialization and controlling air pollution caused by it in the region.
The growth of the market in North America and Europe is attributed to favorable government policies toward environmental safety and high disposable income in the region.
Ozone Generators Market Segmentation:
Segmentation by technology:
- Corona discharge
Segmentation by application:
- Air treatment
- Water treatment
- Drinking water
- Industrial water
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Degrémont SAS
- Xylem Water Solutions Argentina S.A.
- Ebara Corporation
- Fuji Electric Systems Co., Ltd.
- Mitsubishi Electric Corporation
- Toshiba Corporation
- DEL Ozone, Inc.
- Ozocan Corporation
- Pacific Ozone Technology, Inc.
- Absolute Systems (Pty) Limited
- Primozone Production AB
- The International Group, Inc.
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