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Ozone Generators Market (Type - Corona Discharge, Cold Plasma Ozone Generation Disinfection, and Others; Application - Wastewater Treatment, Potable Water Treatment and Aquaculture, Sanitation and Odor Control, Industrial, and Others; Use - Commercial, and Municipal): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : January, 2022

  • Rep Id : EIM0152

  • Category : Energy, Mining and Infrastructure

  • Status : Published

A recent report published by Infinium Global Research on the ozone Generators Market provides in-depth analysis of segments and sub-segments in the global as well as regional ozone Generators Market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ozone Generators Market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global ozone Generators Market. According to the report, the global ozone Generators Market is projected to reach USD 1612 million by 2027 from USD 1112.1 million in 2021, growing at a CAGR of 6.38% over the forecast period of 2021-2027.

 

Market Insight

The abilities of ozone gas as a disinfector were first discovered in the initial years of the 1800s. Through this light, it came to light that ozone gas has many uses.  Since its discovery, many ozone-generating devices have been developed and manufactured. Ozone is used for water purification, odor control, surface disinfectant, air purification, and other purposes. Health experts advise that ozone has adverse effects on human health so ozone generators must be used with utmost precautions. Taking this into consideration many governments around the world have adopted stringent regulations and standards for ozone generators. Though. the ozone layer is harmful to human lungs still serves various purposes. Different methods are used by ozone generators to generate ozone.

 

The growing demand for safe drinking water is primarily driving the growth of the market. The rapid urbanization coupled with the growing population has pushed the need for increasing the volume of safe drinking water. Additionally, the outbreak of contagious diseases has increased the awareness of sanitation among consumers. Aqueous ozone generators inject ozone gas directly into the water, the treatment of water with ozone gas requires minimum time and leaves no chemical residues behind.  Another factor majorly driving the market is the growing industrial applications of ozone. Ozone gas is being used in a wide range of industries. As ozone generation technology is progressing new industrial applications are emerging. The applications of ozone gas include HVAC applications, cooling tower applications, livestock applications, dairy applications, hydraulic fracturing applications, semiconductor production, puls and paper mills, and many others. However, the high cost of installation and maintenance is affecting the growth of the market. Even if the high cost of maintenance is a one-time cost, the ozone generators need to be constantly monitored and checked for maintenance and repair which may be costly in the long run. Nevertheless, the advent of new Ozone technologies will create numerous growth opportunities for the growth of the market.

 

Among the geographies, the Ozone Generators market is segmented into North America, Europe, Asia Pacific, and RoW. The global Ozone Generators market in the North American region dominates the global Ozone Generators market owing to the growing demand from industries and government agencies across the region. North America region is one of the largest polluters in the world, the region faces a severe problem of water pollution, thus the use of gaseous ozone in wastewater treatment is growing tremendously. On the other hand, various industries such as farm, semiconductor, and automotive industries have various applications of ozone. The Asia Pacific region is expected to witness the fastest growth in the global Ozone Generators market due to the growing number of ozone generators manufacturers in developing countries such as India and China.

 

global-ozone-generators-market


Segment Covered

The report on global ozone Generators Market covers segments such as type, application, and use. On the basis of type, the sub-markets include corona discharge, cold plasma ozone generation disinfection, and others. On the basis of application, the sub-markets include wastewater treatment, potable water treatment and aquaculture, sanitation and odor control, industrial, and others. On the basis of use, the sub-markets include commercial, and municipal.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Daikin Industries, Ltd., Sharp Corporation, Honeywell International Inc., Biozone Corporation, Mitsubishi Electric, Whirlpool Corporation, Sun-Belt USA, IN USA, Inc., Ozone Solutions, and DEL Ozone.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the ozone Generators Market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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