Ozone Generator Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Ozone Generator Market Trends and Forecast

The future of the global ozone generator market looks promising with opportunities in the municipal & industrial water treatment, residential & industrial air treatment, automotive, food & beverage, paper & pulp, pharmaceutical, and semiconductor end use industries. The global ozone generator market is expected to reach an estimated $1.7 billion by 2028 with a CAGR of 6.1% from 2023 to 2028. The major drivers for this market are growing investments in the up-gradation and development of wastewater treatment facilities, increasing demand from municipal water treatment plants, and rising adoption of these generators for the residential as well as industrial air treatment across the globe.

Ozone Generator Market

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Ozone Generator Market by Segment

The study includes trends and forecast for the global ozone generator market by technology, application, end use industry, and region, as follows:

Ozone Generator Market by Technology [Shipment Analysis by Value from 2017 to 2028]:

• Corona Discharge
• Ultraviolet Radiation
• Electrolysis
• Radiochemicals

Ozone Generator Market by Application [Shipment Analysis by Value from 2017 to 2028]:

• Water Purification
• Air Purification
• Pulp Bleaching
• Organic Synthesis
• Aquaculture
• Others

Ozone Generator Market by End Use Industry [Shipment Analysis by Value from 2017 to 2028]:

• Municipal & Industrial Water Treatment
• Residential & Industrial Air Treatment
• Automotive
• Food & Beverages
• Paper & Pulp
• Pharmaceuticals
• Semiconductors
• Others

Ozone Generator Market by Region [Shipment Analysis by Value from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ozone Generator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, ozone generator companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ozone generator companies profiled in this report include:

• SUEZ Water Technologies & Solutions
• Xylem
• Mitsubishi Electric
• Ebara
• Toshiba
• METAWATER
• Spartan Environmental Technologies
• MKS Instruments
• Teledyne
• Corotec

Ozone Generator Market Insights

• Lucintel forecasts that corona discharge will remain the largest segment over the forecast period because this technology is cost-effective and helps in producing pure ozone with no hint of any chemicals or gases. It is designed as fully integrated systems, which delivers a synergistic approach to water or surface sanitation for commercial applications.
• Within this market, municipal & industrial water treatment segment will remain the largest segment because of its increasing application for the disinfection of municipal wastewater, industrial wastewater, contaminated groundwater, and swimming pool water owing to its high oxidizing power and ability to oxidize heavy metals.
• North America will remain the largest region over the forecast period because of huge industrial base in this region, rising investment on the environmental safety, along with stringent implementation of various government regulations regarding water & wastewater treatment.

Features of the Ozone Generator Market

• Market Size Estimates: Ozone generator market size estimation in terms of value ($B)
• Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
• Segmentation Analysis: Ozone generator market size by various segments, such as by technology, application, end use industry, and region
• Regional Analysis: Ozone generator market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by type, technology, application, end use industry, and regions for the ozone generator market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ozone generator market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

• Q1. What is the ozone generator market size?
• Answer: The global ozone generator market is expected to reach an estimated $1.7 billion by 2028.
• Q2. What is the growth forecast for ozone generator market?
• Answer: The global ozone generator market is expected to grow with a CAGR of 6.1% from 2023 to 2028.
• Q3. What are the major drivers influencing the growth of the ozone generator market?
• Answer: The major drivers for this market are growing investments in the up-gradation and development of wastewater treatment facilities, increasing demand from municipal water treatment plants, and rising adoption of these generators for the residential as well as industrial air treatment across the globe.
• Q4. What are the major segments for ozone generator market?
• Answer: The future of the global ozone generator market looks promising with opportunities in the municipal & industrial water treatment, residential & industrial air treatment, automotive, food & beverage, paper & pulp, pharmaceutical, and semiconductor end use industries.
• Q5. Who are the key ozone generator companies?
• Answer: Some of the key ozone generator companies are as follows:
  • SUEZ Water Technologies & Solutions
  • Xylem
  • Mitsubishi Electric
  • Ebara
  • Toshiba
  • METAWATER
  • Spartan Environmental Technologies
  • MKS Instruments
  • Teledyne
  • Corotec
• Q6. Which ozone generator segment will be the largest in future?
• Answer:Lucintel forecasts that corona discharge will remain the largest segment over the forecast period because this technology is cost-effective and helps in producing pure ozone with no hint of any chemicals or gases. It is designed as fully integrated systems, which delivers a synergistic approach to water or surface sanitation for commercial applications.
• Q7. In ozone generator market, which region is expected to be the largest in next 5 years?
• Answer: North America will remain the largest region over the forecast period because of huge industrial base in this region, rising investment on the environmental safety, along with stringent implementation of various government regulations regarding water & wastewater treatment.
• Q8. Do we receive customization in this report?
• Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the global ozone generator market by technology (corona discharge, ultraviolet radiation, electrolysis, and radiochemicals), application (water purification, air purification, pulp bleaching, organic synthesis, aquaculture, and others), end use industry (municipal & industrial water treatment, residential & industrial air treatment, automotive, food & beverages, paper & pulp, pharmaceuticals, semiconductors, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q11. What M&A activity has occurred in the last five years and what has its impact been on the industry?