Ozone Generator Market Growth strategies With Leading Key Players – Toshiba, Suez, Mitsubishi, Ozone Tech Systems
The global ozone generator market is estimated to reach a value of USD 1,501.8 Million by 2027, according to a current analysis by Emergen Research. When diatomic oxygen is subjected to an electrical field or ultraviolet (UV) light, ozone is produced. A percentage of the diatomic oxygen molecules break into individual oxygen atoms when exposed to these intense energies. Ozone is created when these unbound oxygen atoms mix with diatomic oxygen molecules. Ozone is a naturally strong oxidizing and disinfecting agent because of the weak links that hold the third oxygen atom in place. Ozone has the ability to oxidize materials either directly or by producing hydroxyl-free radicals when it breaks down into the water when it is dissolved.
In the upcoming years, rising investments in wastewater treatment facility development and improvement, along with optimistic predictions for the expansion of the industrial sector, are anticipated to drive increasing product demand. In contrast to ultraviolet sterilization, which leaves some areas of the environment unsterilized, ozone can reach every part of the environment. Due to its lack of toxic waste and ease of production, it can be employed in public transportation systems including high-speed trains, aircraft, ships, and buses.
Due to the increasing product demand from the wastewater treatment industry, China’s ozone industry has experienced fast expansion since the early 2000s. The Chinese Ozone Association’s statistics show that more than 20 firms produce large-size generators, more than 400 companies produce small- and medium-sized generators, and still other companies produce smaller generators for home and personal usage.
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Key Highlights of Report
A new compact portable ozone generator for small spaces was introduced by Airthereal in July 2020 to assist businesses and homeowners in cleaning and sanitising indoor air. The battery-powered cordless portable ozone generator PA50-GO is best for cars and mobility during a pandemic. After COVID-19, there is an increase in demand for cleansed air when driving or using public transportation.
In 2019, the corona discharge market sector had the biggest market share. The cost of this technology is affordable. Medical-grade ozone is produced by corona discharge ozone generators, which powers the segment.
Ozone generators are used in lab and medical equipment to treat illnesses and sterilise medical equipment. They may also aid in wound prevention. Ozone therapy also helps those who have breathing problems since it increases blood oxygen levels, which relieves pressure on the lungs and helps people with breathing problems.
As ozone generators are frequently used to clean municipal water, the municipal segment held the greatest market share in 2019. Ozone generators are used as part of the pre- or post-filtration treatment process to get rid of contaminants and improve the water’s quality.
In 2019, the Asia-Pacific region held the greatest market share. The market for ozone generators in the area is expanding due to strong demand from China and Japan.
Key Players Toshiba, Suez, Mitsubishi, Ozone Tech Systems, Daikin, Lenntech, Primozone, Faraday Ozone, Ozone Solutions, and DEL Ozone
Emergen Research has segmented the global ozone generator market based on technology, application, end-use industry, and region:
Technology Outlook (Revenue, USD Million; 2017–2027)
- Cold Plasma
- Corona Discharge
Application Outlook (Revenue, USD Million; 2017–2027)
- Air Treatment
- Wastewater Treatment
- Laboratory & Medical Equipment
End-use Industry Outlook (Revenue, USD Million; 2017–2027)
Regional Outlook (Revenue, USD Million; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
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