Trends in the Ozone Generators Market 2017-2027

Ozone Generators Market size and forecast, 2017-2027
May 2017
Report Id : REP-GB-3470
Status : Ongoing
Category : Industrial Automation and
Equipment
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Ozone Generators Market
Ozone is a naturally occurring gas in the atmosphere. It is made up of three oxygen
atoms. Ozone is a highly unstable and reactive toxic gas, which combines with other
gases in the air. Ozone found in the stratosphere is called stratospheric ozone and
protects living things from the harmful ultraviolet (UV) rays of the sun. Whereas, the
ozone at the ground level is toxic and harmful for the respiratory system. Ozone
generator is a device that emits ozone into the air. It is mainly used to clean and
purify the air without the use of chemicals. It helps to kill bacteria, viruses, eliminate
odours and sanitise home, office, kitchen, hotel and car among others.
On the basis of technology, the ozone generators is segmented into cold plasma
ozone generation and corona discharge (CD) ozone generation. In cold plasma
technique, the gas is partially ionized and created in room temperature. The
ionization takes place between two electrodes, which are separated by an insulating
barrier. Corona discharge technique produces ozone by channelling air into corona
discharge tube. This is done by applying strong electrical field. Corona discharge
technique is commonly used for industrial applications.
Ozone generators can be used for industrial, commercial and residential buildings.
Increasing demand from emerging economies as well as increased industrialisation
and manufacturing will boost the growth of the global Ozone Generators market
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Ozone Generators Market
during the forecast period.
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Global Ozone Generators Market: Drivers and Restraints
The rise in population has increased air pollution to a great extent. Also, high level of
greenhouse gases (GHGs) emissions and other ozone-depleting substances are
destroying the stratospheric ozone. Thus the upsurge in health problems due to air
pollution has greatly increased the demand for air purification systems, particularly
ozone generators, in recent times. Rapid urbanization and industrialization coupled
with increasing consumer spending power are the other drivers fuelling the growth of
ozone generators market. The global ozone generators market is projected to grow
at a significant growth rate amidst growing demand from varied end use industries
such as automotive, construction, food & beverage and healthcare. Emission
reduction targets, stringent laws and regulations by governments are another factors
driving the demand for ozone generators.
High pricing of products is limiting the growth and is observed as a major restraint
for the ozone generators market. Whereas, growing environmental concerns and
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Ozone Generators Market
emerging APAC market are estimated to create substantial opportunities for the
ozone generator manufacturers. The constantly changing consumer requirements
leads to significant investments in R&D and this can be a major challenge for new
entrants.
Global Ozone Generators Market: Segmentation
On the basis of technology, the global ozone generators market can be segmented
into:
●
Cold plasma ozone generation
●
Corona Discharge (CD) ozone generation
On the basis of application, the global ozone generators market can be segmented
into:
●
Laboratory equipment
●
Medical application
●
Semiconductor
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Ozone Generators Market
●
Purified water treatment
●
Waste water treatment
●
Swimming Pool
●
Aquaculture
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On the basis of end-use industry, the global ozone generators market can be
segmented into:
●
Automotive
●
Construction
●
Healthcare & medical
●
Energy & Utility
●
Food & Beverage
●
Manufacturing
●
Others
●
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Ozone Generators Market
Global Ozone Generators Market: Region Wise Outlook
Asia Pacific region is expected to lead the global ozone generators market by the end
of the forecast period. This can be attributed to rapid industrialisation and aggressive
expansion of the construction and manufacturing sectors. North America and Europe
are the two prominent markets in terms of manufacturing and sales of ozone
generators. Countries such as the U.S., Germany, U.K., France and Canada hold
significant market shares. Increasing disposable income of middle class families in
China and India is expected to further drive the ozone generators market. Middle
East, Latin America and Africa are expected to hold decent shares and are expected
to expand with a moderate CAGR over the forecast period.
Global Ozone Generators Market: Market Participants
Examples of some of the market participants in the global Ozone Generators market
identified across the value chain include:
 Honeywell International Inc.
 Daikin Industries, Ltd.
 Whirlpool Corporation
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Ozone Generators Market
 Sharp Corporation
 Sun-Belt USA
 Electrolux
 Biozone Corporation
 Ozone Solutions
 IN USA, Inc.
 Ozonetech
 Primozone
 DEL Ozone
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