Ozone Generation Market: Opportunities and Latest Trends by Leading Regions And Manufacturers To 2030

 

Research Nester published a

report titled “Ozone Generation Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalozone generation market in terms of market segmentation by technology, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global ozone generation market is estimated to occupy a large revenue by growing at a CAGR of ~7% during the forecast period, i.e., 2021 – 2029, owing to the rising need for clean drinking water, rapid urbanization and rising use of ozone technologies globally. Apart from these, increasing investments of developed nations in emerging countries to treat municipal and industrial water effectively is also expected to drive market growth.

The global ozone generation market is segmented by technology and application. Based on technology, the corona discharge segment is anticipated to grab the largest market share during the forecast period on the back of the cost effectiveness and low maintenance of this technology. Additionally, by application, the potable water treatment segment is projected to grab the largest market share in the future on the back of the wide range of usage of ozone generators for water purification and disinfection.

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Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America region is evaluated to grab the largest share in the market during the forecast period attributing to the growing awareness regarding advantages of ozone generation in the region. Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the coming years owing to the increasing industrialization and disposable income in the region.

The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.

Rising Need for Access to Clean Drinking Water to Drive Market Growth

Water sanitation and hygiene has the potential to prevent a major portion of the global disease burden and the deaths caused. Furthermore, unsafe drinking water is the cause of many diseases, including diarrhea and cholera. As the need to provide safe drinking water is growing more and more prominent, governing bodies are emphasizing on utilizing sophisticated technologies for water purification, which in turn is projected to drive market growth in the near future.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

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However, low awareness about the use of ozone generation technologies is expected to operate as key restraint to the growth of the global ozone generation market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global ozone generation market which includes company profiling of Xylem, Inc., Ebara Corporation, Industrie De Nora S.p.A., METAWATER Co., Ltd., Spartan Environmental Technologies, MKS Instruments, Mitsubishi Electric Corporation, Teledyne API, Creative Oz-Air (I) Pvt Ltd, Ozonetech Systems OTS AB, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global ozone generation market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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