Ozone Generator Market to grow at a Significant Rate through 2026

By | March 31, 2021
Ozone Generator Market

Higher living standards and demand for quality water consumption is expected to drive the demand for global ozone generator market in forecast period.

According to TechSci Research report, “Global Ozone Generator Market By Technology (Ultraviolet, Cold Plasma, Corona Discharge, Electrolytic), By Application (Water Treatment, Air Purification, Laboratory & Medical Equipment, Others), By End-Use (Industrial, Residential, Municipal, Commercial), By Type (Large Ozone Generator (>5kg/h), Middle Ozone Generator (100 gm/h- 5 kg/h), Small Ozone Generator (<100 gm/h)), By Company, By Region, Forecast & Opportunities, 2026”, global ozone generator market is expected to witness steady growth for the next five years owing to surge in demand for ozone generators for water and wastewater treatment from municipal water treatment plants. Strict regulations from environmental agencies to maintain a certain limit for the maximum allowable byproducts from the disinfection process is a major driver for the surge in demand for ozone generators across the globe. Investments by major players for installation of ozone generators across developing economies is fueling the market growth for global ozone generators worldwide. Ozone generators have several benefits comprising of purification, de-colorization, water disinfection of wastewater treatment plants thereby accelerating the market growth. High-end investments by government and key market players for upgradation of existing and invention of new technologies aiding to advancement of ozone generator is anticipated to accelerate the ozone generator market for the next five years.

However, initial high installation cost and associated huge operational and maintenance costs may create hindrance in the growth of the global ozone generator market.

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Global ozone generator market is segmented into technology, application, end-use, type, region, and company. Based on application, global ozone generators market is further divided into water treatment, air purification, laboratory & medical equipment, and others. Water treatment is expected to hold major market share during the forecast period owing to diverse application in end-user industries such as paper, dye, swimming pools, industrial and municipal wastewater treatment plants, among others. Ozone generators increase the dissolved oxygen content in the wastewater which eventually reduces the quantity of the pollutants present in the wastewater. Based on technology, market is categorised into ultraviolet, cold plasma, corona discharge and electrolytic. Corona technology for water treatment process is anticipated to dominate the global market owing to its low maintenance and affordability over its counterparts and applications in various end-user industries. Depending on end-use segment, market is segregated into industrial, residential, municipal, and commercial. Based on end-use analysis, municipal segment is expected to play a major role in the ozone generator market due to inflow of government aids.

Mitsubishi Electric Corporation, Toshiba Corporation, Daikin Industries, Ltd., Suez Utilities Company, Ozone Tech Systems, Primozone Production AB, Ebara Corporation, Lenntech, ESCO International, Pinnacle Ozone Solutions, LLC are the leading players operating in global ozone generator market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several ozone generator manufacturers are coming up with their technologically advanced offerings.

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“Rise in demand for the ozone generators in unconventional applications such as pulp bleaching, semiconductor cleaning applications and others is creating lucrative opportunities for the ozone generator market growth. Rising population across the globe and regulations imposed by government and related agencies to maintain quality water standard is expected to propel the market growth till 2026”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Ozone Generator Market By Technology (Ultraviolet, Cold Plasma, Corona Discharge, Electrolytic), By Application (Water Treatment, Air Purification, Laboratory & Medical Equipment, Others), By End-Use (Industrial, Residential, Municipal, Commercial), By Type (Large Ozone Generator (>5kg/h), Middle Ozone Generator (100 gm/h- 5 kg/h), Small Ozone Generator (<100 gm/h)), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global ozone generator market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global ozone generator market.

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