Global Ozone Generation Market Overview
According to SPER Market Research, the Global Ozone Generation Market is estimated to reach USD 2.86 billion by 2032 with a CAGR of 5.54%.
When diatomic oxygen is subjected to an electrical field or ultraviolet (UV) light, ozone is formed. When exposed to these high levels of energy, some of the diatomic oxygen molecules split into individual oxygen atoms. Ozone is formed when free oxygen atoms mix with diatomic oxygen molecules. Because of the weak connections that retain the third oxygen atom, ozone is an unstable molecule, making it a naturally powerful oxidising and disinfecting agent. Ozone provides oxidising power either directly or indirectly through the formation of hydroxyl-free radicals during the breakdown of dissolved ozone into water. Growing need for clean water and increased awareness of the importance of water treatment are two significant reasons driving market demand for ozone generation. Unlike UV sterilisation, which leaves some areas unsterile, ozone may reach everywhere in the environment. Because it leaves no hazardous waste and can be made using simple equipment, it can also be utilised for public transportation modes such as ships, high-speed railroads, aeroplanes, and buses.
This reaction yields three simultaneous processes, such as oxidation, disinfection, and decomposition. During the oxidation process, ozone can be generated directly and through the highly reactive hydroxyl-free radicals or it can be generated by breaking of chemical bonds of organic compounds. For example, the components of the cell walls of microorganisms can be oxidized and broken down by ozone. This process facilitates disinfection by disrupting and lysing cell walls, exposing the contents of the cell to further oxidation and inactivation. All common bacteria, viruses, molds, cysts, and parasites can be destroyed by ozone in this manner. In the end, ozone decomposes to diatomic oxygen, leaving no unwanted residual taste or odor.
Impact of COVID-19 on the Global Ozone Generation Market
COVID-19 has a huge impact on the Ozone Generation market. COVID-19 has had a significant impact on the manufacturing industry as well as global supply chains. Since market demand has declined, many smaller manufacturers have been heavily damaged or put out of business. Social distancing standards have had a significant impact on worldwide company operations, although the consequences will be less apparent in the future. When diatomic oxygen is subjected to an electrical field or ultraviolet (UV) light, ozone is formed. Furthermore, ozone is a highly reactive gas made up of three oxygen atoms. Furthermore, the COVID-19 epidemic has exacerbated an already-existing oxygen crisis in many low- and middle-income countries (LMICs). Around half a million COVID-19 patients in LMICs require oxygen therapy every day, significantly beyond the present capacity at hospitals and health facilities. Additionally, import and export activities were severely hampered, negatively impacting sectors that employ ozone generation and, as a result, harming the worldwide ozone generation market growth.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Technology, By End Use, By Process, By Application
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | Absolute Systems Inc., Corotec Corporation, Ebara Corporation, Electrolux, Evoqua Water Technologies LLC, Industrie De Nora S.p.A., Fuji Electric Co., Ltd., Mellifiq, Mitsubishi Electric Corporation, MKS Instruments, Teledyne Technologies, Toshiba Corporation, Xylem.
|
Target Audience:
- Manufacturers of ozone generation systems
- Distributors and wholesalers of ozone generator
- Pharmaceutical Companies
Global Ozone Generation Market Segmentation:
1. By Technology:
- Cold Plasma
- Corona Discharge
- Electrolytic
- Ultraviolet
2. By End Use:
- Industrial
- Municipal
- Residential
3. By Process:
- Disinfection
- Groundwater Remediation
- Odor Control
4. By Application:
- Air Purification
- Aquaculture
- Food & Beverage
- Medical Equipment
- Surface Treatment
- Waste Water Treatment
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Ozone Generation Market (FY’2019-FY’2032)
- Overview of Global Ozone Generation Market
- Segmentation of Global Ozone Generation Market By Technology (Cold Plasma, Corona Discharge, Electrolytic, Ultraviolet)
- Segmentation of Global Ozone Generation Market By End Use (Industrial, Municipal, Residential)
- Segmentation of Global Ozone Generation Market By Process (Disinfection, Groundwater Remediation, Odour Control)
- Segmentation of Global Ozone Generation Market By Application (Air Purification, Aquaculture, Food & Beverage, Medical Equipment, Surface Treatment, Waste Water Treatment)
- Statistical Snap of Global Ozone Generation Market
- Growth Analysis of Global Ozone Generation Market
- Problems and Challenges in Global Ozone Generation Market
- Competitive Landscape in the Global Ozone Generation Market
- Impact of COVID-19 and Demonetization on Global Ozone Generation Market
- Details on Recent Investment in Global Ozone Generation Market
- Competitive Analysis of Global Ozone Generation Market
- Major Players in the Global Ozone Generation Market
- SWOT Analysis of Global Ozone Generation Market
- Global Ozone Generation Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology:
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Ozone Generation Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Ozone Generation Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Ozone Generation Market
7. Global Ozone Generation Market, By Technology, 2019-2032 (USD Million)
7.1 Cold Plasma
7.2 Corona Discharge
7.3 Electrolytic
7.4 Ultraviolet
8. Global Ozone Generation Market, By End Use, 2019-2032 (USD Million)
8.1 Industrial
8.2 Municipal
8.3 Residential
9 Global Ozone Generation Market, By Process, 2019-2032 (USD Million)
9.1 Disinfection
9.2 Groundwater Remediation
9.3 Odor Control
10 Global Ozone Generation Market, By Application, 2019-2032 (USD Million)
10.1 Air Purification
10.2 Aquaculture
10.3 Food & Beverage
10.4 Medical Equipment
10.5 Surface Treatment
10.6 Waste Water Treatment
11 Global Ozone Generation Market, By Region, 2019-2032 (USD Million)
11.1 Global Ozone Generation Market Size and Market Share by Region (2019-2025)
11.2 Global Ozone Generation Market Size and Market Share by Region (2026-2032)
11.3 Asia-Pacific
11.3.1 Australia
11.3.2 China
11.3.3 India
11.3.4 Japan
11.3.5 South Korea
11.3.6 Rest of Asia-Pacific
11.4 Europe
11.4.1 France
11.4.2 Germany
11.4.3 Italy
11.4.4 Spain
11.4.5 United Kingdom
11.4.6 Rest of Europe
11.5 Middle East and Africa
11.5.1 Kingdom of Saudi Arabia
11.5.2 United Arab Emirates
11.5.3 Rest of Middle East & Africa
11.6 North America
11.6.1 Canada
11.6.2 Mexico
11.6.3 United States
11.7 Latin America
11.7.1 Argentina
11.7.2 Brazil
11.7.3 Rest of Latin America
12. Company Profiles
12.1. Absolute Systems Inc.
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Corotec Corporation
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Ebara Corporation
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Electrolux
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Evoqua Water Technologies LLC
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Industrie De Nora S.p.A.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Fuji Electric Co., Ltd.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Mellifiq
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Mitsubishi Electric Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. MKS Instruments
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Teledyne Technologies
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Toshiba Corporation
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Xylem
12.13.1. Company details
12.13.2. Financial outlook
12.13.3. Product summary
12.13.4. Recent developments
13.List of Abbreviations
14.Reference Links
15.Conclusion
16.Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
