The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Ozone Generator Market. The rising demand for the Ozone Generator Market is expected to drive the demand for Ozone Generator Market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
The global ozone generator market is estimated to reach value of USD 2.17 Billion by 2032, according to a current analysis by Emergen Research. Ozone generators offer a safe and effective process to treat impurities in air. They are marketed as odor removers. These machines help in treating liquid wastes, such as cyanides and phenols. They also clean and deodorize gases from sewage.
Major drivers of the ozone generator market include stringent environmental regulations implemented by national and local governments and surge in the demand for ozone generators from various end-use industries. However, high installation and operational costs of ozone generators and lack of awareness about the product are likely to hinder the market during the forecast period. Increase in population has polluted the air to a great extent. The high level of greenhouse gas (GHG) emissions and other ozone-depleting substances is destroying the ozone layer. Surge in health issues led by air pollution is propelling the demand for ozone generators. Constant changes in consumer requirements have resulted in significant investments in research and development, which is posing a challenge to the entry of new players in the market for ozone generators.
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Report Scope:
Forecast Period: 2020- 2027
CAGR: 5.9%
Base Year: 2019
Number of Pages: 250
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
The complete regional analysis covers:
- North America (U.S., Canada, Mexico
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Leading Players Profiled in the Report:
Toshiba, Suez, Mitsubishi, Ozone Tech Systems, Daikin, Lenntech, Primozone, Faraday Ozone, Ozone Solutions, and DEL Ozone
Some Key Highlights from the Report
- In July 2020, Airthereal launched a new mini portable ozone generator for small spaces to help businesses and homeowners disinfect and clean indoor air. The PA50-GO portable ozone generator is a battery-powered cordless machine that is optimal for cars and mobility during pandemic. There is a rise in demand for purified air while driving or taking public transport after COVID-19.
- The corona discharge segment held the largest market share in the year 2019. This technology is available at reasonable prices. Corona discharge ozone generators produce medical-grade ozone, which fuels the segment.
- Ozone generators are used in laboratory and medical equipment to disinfect medical equipment and also treat health conditions. They can also help in prevention of wounds. Moreover, people with breathing issues can benefit from ozone therapy, as it reduces stress on the lungs by increasing the oxygen level in blood.
- The municipal segment held the largest market share in 2019, as ozone generators are commonly used to treat municipal water. Ozone generators are employed at pre- or post-filtration treatment step to eliminate break down impurities and enhance the quality of water.
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For the purpose of this report, Emergen Research has segmented the global ozone generator market based on technology, application, end-use industry, and region:
Technology Outlook (Revenue, USD Million; 2017–2027)
- Cold Plasma
- Corona Discharge
- Electrolysis
- Ultraviolet
Application Outlook (Revenue, USD Million; 2017–2027)
- Air Treatment
- Wastewater Treatment
- Laboratory Medical Equipment
- Others
End-use Industry Outlook (Revenue, USD Million; 2017–2027)
- Industrial
- Commercial
- Municipal
- Residential
In conclusion, the report is designed to provide an in-depth analysis of all the key change calculation factors that replicate the decisions that trigger the change, which pushes the player’s winning position profitable on the growth curve despite massive competition in the target Ozone Generator market.
Key Questions Answered in the Report:
What is the growth rate of the Ozone Generator market? What is the anticipated market valuation of Ozone Generator industry by 2027?
What are the key growth driving and restraining factors of the Ozone Generator market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Ozone Generator industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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