Air Corona Discharge Ozone Generator Market Forecasts to 2030 - Global Analysis By Type (High Frequency and Medium Frequency), By Application (Ozone Therapy, Air Purification and Other Applications) and By Geography

According to Stratistics MRC, the Global Air Corona Discharge Ozone Generator Market is accounted for $1.7 billion in 2023 and is expected to reach $3.3 billion by 2030 growing at a CAGR of 9.5% during the forecast period. The Air Corona Discharge Ozone Generator Market is the industry segment related to the production and distribution of ozone generators that utilize corona discharge technology to generate ozone from ambient air. These generators are used primarily for water treatment, air purification, and industrial applications. Their advantages include high ozone production efficiency, low operating costs, and the ability to produce ozone on-site, eliminating the need for storing or transporting ozone gas, which can be hazardous.

According to an article published by the National Center for Biotechnology Information (NCBI) in 2015, the use of O3 as an alternative therapeutic agent is gaining popularity due to its ability to kill microorganisms that cause infections and diseases including asthma, sinusitis, skin infections such as burns and acne.

Market Dynamics:

Driver:

The growing number of installations of ozone generators in food and beverage processing plants

Ozone generators are employed to effectively sterilize and disinfect food and beverage production environments, ensuring the safety and quality of products by eliminating pathogens and contaminants. This demand is fueled by the industry's growing emphasis on hygiene, food safety, and sustainability. Additionally, ozone is an environmentally friendly disinfection solution, further contributing to its popularity in this sector. As a result, the market for air corona discharge ozone generators is experiencing robust expansion to meet these evolving industry needs.

Restraint:

Regularity maintenance and durability

These generators require consistent upkeep to ensure efficient ozone production. Routine maintenance includes cleaning electrodes, inspecting dielectrics, and replacing worn components. Durability is essential to maximize the lifespan of the equipment, reducing replacement costs. High-quality materials and robust manufacturing processes are vital for extended durability. Ensuring that these generators remain operational over an extended period is essential for industries relying on ozone for air and water treatment, making reliability and longevity key considerations in this market.

Opportunity:

Rising awareness about the benefits of ozone disinfection over traditional methods

Unlike chemical disinfectants, ozone leaves no harmful residues and has a shorter reaction time. Moreover, it can reach areas that might be inaccessible to other disinfection methods. This eco-friendly approach is gaining traction due to its ability to remove stubborn odors, eliminate harmful microorganisms, and reduce chemical usage, making it a preferred choice for water treatment, air purification, and industrial processes. As environmental concerns and health awareness continue to rise, the demand for ozone generators is expected to surge in various applications.

Threat:

Supply chain disruptions

These disruptions, stemming from factors like global crises, trade disputes, or transportation challenges, can impact the timely acquisition of essential components and materials necessary for manufacturing ozone generators. Such delays can lead to production bottlenecks and increased costs, ultimately affecting the availability and pricing of ozone generators. Given the demand for these devices in various industries like water treatment and air purification, any interruption in the supply chain can have a cascading effect, causing delays and potentially hampering the market's growth and stability.

COVID-19 Impact:

The COVID-19 pandemic had a mixed impact on the Identity and Access Management (IAM) market. The sudden shift to remote work and increased reliance on digital tools highlighted the importance of IAM solutions for securing remote access. This drove some demand for IAM products. On the other hand, economic uncertainties led to budget constraints for many organizations, delaying or scaling back IAM investments. Additionally, the rapid adoption of cloud-based applications and the proliferation of personal devices introduced new security challenges. Overall, while the pandemic emphasized the significance of IAM, it also posed financial challenges for some businesses, impacting market growth to a certain extent.

The high frequency is expected to be the largest during the forecast period

The high frequency segment is expected to have a lucrative growth due to its efficiency and environmental benefits. These generators utilize advanced technology to produce ozone by subjecting air to a high-frequency electrical discharge, resulting in increased ozone production rates and improved energy efficiency compared to traditional methods. The rising awareness of ozone's applications in water treatment, air purification, and disinfection, coupled with stringent environmental regulations, is driving the demand for high-frequency air corona discharge ozone generators.

The air purification segment is expected to have the highest CAGR during the forecast period

The air purification segment is anticipated to witness the fastest CAGR growth during the forecast period. These generators effectively remove contaminants from the air by producing ozone, a powerful oxidizing agent. Ozone molecules generated in these devices react with pollutants like bacteria, viruses, and odorous compounds, breaking them down and rendering them harmless. This makes air corona discharge ozone generators highly sought after for various air purification needs, such as in HVAC systems, commercial and industrial facilities, and even residential settings. Their ability to improve indoor air quality and combat airborne pathogens positions them as a crucial component of modern air purification strategies.

Region with largest share:

During the forecast period, it is expected that the North American Air Corona Discharge Ozone Generator market will continue to hold a majority of the market share. There is a growing demand for these systems driven by increasing awareness of environmental sustainability and air quality concerns. North American countries are increasingly adopting air corona discharge ozone generators in applications like water treatment, odor control, and air purification. Stringent regulations related to industrial emissions and water quality further boost the market as these generators offer effective solutions for compliance. Additionally, the COVID-19 pandemic has accelerated the adoption of ozone generators for disinfection purposes in healthcare and public spaces, contributing to the market's expansion in the region.

Region with highest CAGR:

The Asia Pacific region is witnessing rapid growth in the Air corona discharge ozone generator market due to several factors. Rising industrialization, urbanization, and increasing concerns about environmental pollution have led to a greater need for efficient air and water treatment solutions. Air corona discharge ozone generators find extensive applications in various sectors, including water treatment, wastewater management, and air purification, which are all experiencing significant demand in this region. Moreover, the ongoing focus on improving public health and sanitation, especially in densely populated areas, has driven the adoption of ozone generators for disinfection purposes. These factors collectively contribute to the burgeoning market for air corona discharge ozone generators in the Asia Pacific.

Key players in the market:

Some of the key players in Air Corona Discharge Ozone Generator Market include: ESCO lnternational, Hengdong, Jiuzhoulong, Koner, Metawater, Mitsubishi Electric, Newland EnTech, Nippon Photoelectricity Equipment, Ozono Elettronica Internazionale, Primozone, Qingdao Guolin Industry, Sankang Envi-tech, Taixing Gaoxin, Tonglin Technology, Toshiba and Wedeco.

Key Developments:

In October 2023, Toshiba Energy Systems & Solutions Corporation ("Toshiba ESS") announced today that it has agreed a memorandum of understanding with Furuya Metal Co., Ltd. ("Furuya") on exploring an alliance to establish a stable supply network for iridium. One of the world's rarest metals, iridium is an essential material for the manufacture of proton exchange membranes (PEM) used in water electrolyzers that produce hydrogen. The projected alliance will reinforce the metal's supply chain, and enhance the manufacture of membrane electrode assemblies (MEA) with iridium-based technology*1 developed by Toshiba Group.

In May 2023, Xylem Inc., a leading global water technology company ("Xylem" or "the Company"), announced it had completed its acquisition of Evoqua Water Technologies Corp. ("Evoqua"), a leader in mission-critical water treatment solutions and services, in an all-stock transaction valued at approximately $7.5 billion. The combination creates the world's most advanced platform of capabilities to address customers' and communities' critical water challenges.

Types Covered:

• High Frequency
• Medium Frequency

Applications Covered:

• Ozone Therapy
• Air Purification
• Food Cleaning
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances