Ozone Generation Technologies, Markets and Players Report 2023, Featuring Profiles of Evoqua Water Technologies, MKS Instruments, Toshiba, Xylem and Ebara
Some of the key market trends in ozone generation include growing demand for water and wastewater treatment for disinfecting and purifying water, increasing awareness of indoor air quality, surging healthcare industry and environmental regulations and sustainability. Ozone generators are used in air purification applications, such as in HVAC systems and industrial ventilation. With growing concerns over air pollution, the demand for effective air purification methods is expected to increase in the coming years.
It is critical to safeguard the environment and water supply. Water pollution is getting progressively worse. This problem is being tracked by all nations. Industry is the foundation of many national economies. Water contamination is a big concern on a global scale. In metropolitan settings, sewage treatment technology can efficiently treat domestic and industrial wastewater to stop sewage and contaminants from entering waterways. Ozone generation technologies are crucial components of wastewater treatment machinery.
Given the current state of ecological consciousness, dangerous emissions from industrial processes or human activity point to negative effects on the environment. There is a considerable incentive for adopting energy efficient ozone generation, carrying out research on new kinds of technologies and materials due to new laws and changing markets. The ozone generation industry is expanding into new markets, particularly in developing countries where access to clean water and air is a major concern. This presents new opportunities for companies in the industry to develop and market ozone-based solutions for these markets.
Advancements in ozone generation technology, such as the development of more efficient and compact ozone generators, are further driving the growth of the market. These new technologies are improving the efficiency and effectiveness of ozone generation, making it more accessible and cost-effective for a wider range of applications. Moreover, ozone generators offer a more environmentally friendly and sustainable solution for water and air purification, as they do not use harmful chemicals or leave behind harmful byproducts. In the healthcare industry, ozone generators are widely used in applications such as sterilization and disinfection. With growing concerns over healthcare-associated infections, the demand for ozone generators in healthcare is expected to continue to increase in the coming years.
The ozone generation industry has been growing in recent years due to increasing concerns about environmental pollution and the need for more effective water and air treatment methods. The industry is also driven by advances in technology, which have led to more efficient and cost-effective ozone generators. However, the ozone generation industry also faces challenges related to safety and regulation. Ozone gas can be dangerous if not used properly, and there are regulations in place to ensure that ozone generators meet safety standards.
The Report Includes:
An overview of the global market and technologies for ozone generation
Estimation of the market size and analyses of global market trends, with data from 2021, 2022 and projections of compound annual growth rates (CAGRs) through 2027
Highlights of the current and future market potential and quantification of ozone generation market based on type, application, and region
Identification of trends that are affecting the use of ozone generation technologies and their major source markets
Information on ozone generation methods, such as chemical reactions, electrical discharge, ultraviolet radiation, and photolysis of oxygen molecules
Analysis of underlying technological, environmental, legal/regulatory, and political trends that may influence the size and nature of the market
Coverage of advancements in ozone generation technology, and description of OGT categories for water applications, air and gas treatment, and medicine
Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
Comprehensive company profiles of the leading players of the industry, including Evoqua Water Technologies Corp., MKS Instruments Inc., Toshiba Corp., Xylem Inc., Industrie De Nora, and Ebara
Key Attributes:
Report Attribute
Details
No. of Pages
358
Forecast Period
2022 - 2027
Estimated Market Value (USD) in 2022
$1.2 Billion
Forecasted Market Value (USD) by 2027
$1.7 Billion
Compound Annual Growth Rate
7.0%
Regions Covered
Global
Key Topics Covered:
Market Trends
Ozone Lifespan
Industry Landscape
History of Ozone Generation Technology
Megatrends and Innovations
Global Water Industry Trends
Life Cycle Assessment of Ozone Generators
Regulatory Trends
Major Market Growth Drivers
Increasing Awareness of Environmental Pollution
Stringent Regulations
Advancements in Technology
Increasing Adoption in Emerging Markets
Demand for Water is Soaring in Response to Global Population
Rapid Urbanization: the Growth and Challenges of Modern Cities
Rapid Growth in Industrialization
Growth in Water Treatment Industries
Climate Change, Extreme Weather Events and OGT
Greater Health Awareness
Higher Water Quality Standards
Population Shifts Guiding OGT Market
Increasing Global Water Consumption Raising OGT Demand
Freshwater Depletion and the Need for Water Purification
Water Scarcity and Stress Increasing Water Purification Needs
Mass Migrations Weighing Heavily on Water Supplies
Air Pollution is Expanding Interest in Air Purification
Ozone Generation Technologies and Global Wealth
OGT Use in Natural Disaster Response Incidents
OGTs and Healthy Work Environments
OGT Used to Decrease Harsh Chemical Use
Bottled Water Market Growth and OGT
Economic Benefits of Ozone Use
Availability of Trained Staff
Market Challenges/Restraints
Higher Installation Cost of Ozone Generation Technology
Lack of Awareness
Limited Access to Financing
Limited Scalability of Ozone Generation Technology
Competing Technologies: Ozone Not Alone
Technical Challenges
Pricing Pressure
Shortage of Semiconductor Chips
Key Market Growth Opportunities
Successfully Completed Projects Support OGT Market Growth
Ozone Therapy to Combat Illness
Varying Regional Acceptance of Ozone Therapy
OGT's Effect on Thriving Medical Markets
Media Safety Concerns Over Ozone
Ozone Safety Measures
New Technologies Combating High Costs Associated With OGT
OGT and Food Security and Safety Issues
Semiconductor Industry's Volatility and Its Effects on the OGT Market
OGT and Endocrine Disrupting Compounds
Water Recycling and Reuse Market Spurring Growth of the OGT Market
Patent Analysis
Primozone's Improvement on Cold Plasma Ozone Generation
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