Ozone Generator Market: Global Outlook, Key Developments, And Market Share Analysis | 2022-28

Stratview Research has recently published a report on the Ozone Generator Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Technology Type (Ultraviolet, Cold Plasma, Corona Discharge, and Electrolytic), by Application Type (Water Treatment [Municipal Water Treatment, Industrial Process Water Treatment, and Others], Laboratory & Medical Equipment, Air Treatment, and Others), by End-Use Type (Commercial, Municipal, and Industrial [Automotive, Food & Beverages, Textile, Pharmaceutical, and Others]), by Capacity Type (≥ 5 gm/hr, 5 gm/hr - 100 gm/hr, 100 gm/hr - 1 kg/hr, 1 kg/hr - 5 kg/hr, and > 5 kg/hr), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Ozone Generator Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Ozone Generator Market is estimated to grow from USD 1.15 billion in 2021 to reach USD 1.77 billion by 2028 at an impressive CAGR of 6.25% during the forecast period.

Some of the companies drive the market growth:

  • Daikin Industries, Ltd.

  • EBARA Technologies, Inc.

  • DEL Ozone, Inc.

  • Lenntech

  • METAWATER Co., Ltd.

  • Mitsubishi Electric

  • Ozone Tech Systems

  • Primozone

  • SUEZ

  • Toshiba Corporation.

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Segments Analysis

By Technology Type

The market is segmented as ultraviolet, cold plasma, corona discharge, and electrolytic. The ultraviolet market is projected to witness a strong growth rate owing to ease of installation and low cost. In addition, the ability of ultraviolet ozone generators to function using ambient air is likely to fuel the product demand during the assessment period.

Regional Analysis:

Asia-Pacific is estimated to be the leading region in the market on account of the increasing urban population and consequent demand for water and air treatment equipment. North America held more than 33% market share in 2021 and Europe is also expected to offer substantial growth opportunities during the assessment period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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