The global ozone generatormarket was valued at USD 942.5 Million in 2019 and is projected to reach USD1,501.8 Million by 2027, at a CAGR of 5.9% during the forecast period. Surge inindustrialization and urbanization coupled with rise in consumer spending isexpected to drive the ozone generator market during the forecast period. Ozonegenerators witness high demand from different end-use industries such as food& beverage, construction, healthcare, and automotive.
The latest market study, OzoneGenerator Market blends in qualitative and quantitative research techniques topresent vital data on the competitive landscape for the period of 2020 - 2027.Thisresearch allows the business owners/individuals/ stakeholders to collectdecisive information about market segmentation based on product category, usageand sale volume across the various geographical regions. Business stakeholderscan prepare effective expansion plan by using the statistics on market share,size and the growth rate discussed in the report, for the forecast period of2020 - 2027.Unmatched information on past, present and upcoming market trends coveredin the study offer lucidity on the future projection of the industry.
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Key Highlightsof Report
In July 2020, Airthereal launched a new mini portable ozonegenerator for small spaces to help businesses and homeowners disinfect andclean indoor air. The PA50-GO portable ozone generator is a battery-poweredcordless machine that is optimal for cars and mobility during pandemic. Thereis a rise in demand for purified air while driving or taking public transportafter COVID-19.
The corona discharge segment held the largest market sharein the year 2019. This technology is available at reasonable prices. Coronadischarge ozone generators produce medical-grade ozone, which fuels thesegment.
Ozone generators are used in laboratory and medicalequipment to disinfect medical equipment and also treat health conditions. Theycan also help in prevention of wounds. Moreover, people with breathing issuescan benefit from ozone therapy, as it reduces stress on the lungs by increasingthe oxygen level in blood.
The municipal segment held the largest market share in 2019,as ozone generators are commonly used to treat municipal water. Ozonegenerators are employed at pre- or post-filtration treatment step to eliminatebreak down impurities and enhance the quality of water.
The Asia Pacific region held the largest market share in theyear 2019. High demand from China and Japan is propelling the market for ozonegenerators in the region. Shortage of water supply in developing nations andadoption of sophisticated water treatment technologies are likely to boost themarket in the region during the forecast period.
Key market participants include Toshiba, Suez, Mitsubishi,Ozone Tech Systems, Daikin, Lenntech, Primozone, Faraday Ozone, OzoneSolutions, and DEL Ozone
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RegionalLandscape
North America (U.S., Canada)
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 (SaudiArabia, U.A.E., South Africa, Rest of MEA)
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