The global ozone water generator market revenue was around US$ 23 billion in 2022 and is estimated to reach US$ 38.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 6% during the forecast period from 2023 to 2031.
Three oxygen atoms combine to form the highly reactive gas known as ozone. It is both a natural and man-made product in the upper atmosphere (the stratosphere), where ozone molecules are found and in the lower atmosphere (the troposphere). When diatomic oxygen is subjected to an electrical field or ultraviolet (UV) light, ozone is produced. A percentage of the diatomic oxygen molecules break into individual oxygen atoms when exposed to these intense energies. It is created when these unbound oxygen atoms mix with diatomic oxygen molecules.
Market Driving Factors
Regional Analysis
North America is anticipated to dominate the market during the forecast period. This region is anticipated to present the most prosperous and rewarding prospects throughout the projected period. This rise can be ascribed to the surge in demand for reliable green power generation technologies, as well as rising expenditure on eco-friendly products and the focus on industrial automation, which are all contributing to the market's expansion favorably. Furthermore, the Canada and United States are on the verge of Industry 4.0 due to the new wave of the industrial revolution in this region and their manufacturing industry contributes significantly to their countries' gross domestic product (GDP).
Segmentation Insights
Application Insights
The water purification segment dominated the market in terms of the largest revenue. This is due to the ozone generators are frequently used in bottling plants, water & wastewater treatment plants, cooling towers, swimming pools, and drinking water to disinfect, purify, and de-colorize water. Additionally, it functions as a potent disinfectant for the eradication of phenolic chemicals, heavy metals, cyanide wastes, and color. The implementation of strict laws and regulations for water & wastewater treatment by environmental organizations and governments is anticipated to fuel market expansion for this segment.
Technology Insights
The corona discharge segment dominated the market in terms of the largest revenue. This can be attributed to the commercial and industrial applications both use corona discharge ozone generators. The rise can be due to the advantages of corona discharge technology over different substances. This technology is reasonably minimal maintenance and offers a good return on investment.
Prominent Companies
Segmentation Outline
The global ozone water generator market segmentation focuses on Process, Application, Technology, End User, and Region.
By Process
By Application
By Technology
By End User
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL OZONE WATER GENERATOR MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: OZONE WATER GENERATOR MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL OZONE WATER GENERATOR MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL OZONE WATER GENERATOR MARKET, BY PROCESS
5.1 OVERVIEW
5.2 ODOR CONTROL
5.3 WATER PURIFICATION
5.4 DISINFECTION
6 GLOBAL OZONE WATER GENERATOR MARKET, BY APPLICATION
6.1 OVERVIEW
6.2 WATER PURIFICATION
6.3 PULP BLEACHING
6.4 ORGANIC SYNTHESIS
6.5 AQUACULTURE
6.6 FOOD PROCESSING
6.7 OTHERS
7 GLOBAL OZONE WATER GENERATOR MARKET, BY TECHNOLOGY
7.1 OVERVIEW
7.2 CORONA DISCHARGE
7.3 ULTRAVIOLET
7.4 ELECTROLYSIS
7.5 RADIOCHEMISTRY
8 GLOBAL OZONE WATER GENERATOR MARKET, BY END USER
8.1 OVERVIEW
8.2 INDUSTRIAL WATER TREATMENT
8.3 HOUSEHOLD WATER TREATMENT
8.4 FOOD & BEVERAGE
8.5 MEDICINE
8.6 PAPER & PULP
8.7 SEMICONDUCTOR
8.8 AUTOMOBILE
8.9 OTHERS
9 GLOBAL OZONE WATER GENERATOR MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3.1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL OZONE WATER GENERATOR MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
10.4 COMPETITIVE DASHBOARD
10.5 PRODUCT MAPPING
10.6 TOP PLAYER POSITIONING, 2022
10.7 COMPETITIVE HEATMAP
10.8 TOP WINNING STRATEGIES
11 COMPANY PROFILES
11.1 SUEZ WATER TECHNOLOGIES & SOLUTIONS
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.2 XYLEM
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.3 MITSUBISHI ELECTRIC CORPORATION
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.4 EBARA CORPORATION
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.5 TOSHIBA CORPORATION
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.6 METAWATER CO. LTD
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.7 INDUSTRIE DE NORA S.P.A.
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.8. SPARTAN ENVIRONMENTAL TECHNOLOGIES
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.9 MKS INSTRUMENTS
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.10 TELEDYNE API
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
11.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.11 CREATIVE OZ-AIR (I) PVT LTD
11.11.1 OVERVIEW
11.11.2 FINANCIAL PERFORMANCE
11.11.3 PRODUCT OUTLOOK
11.11.4 KEY DEVELOPMENTS
11.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.12 COROTEC CORPORATION
11.12.1 OVERVIEW
11.12.2 FINANCIAL PERFORMANCE
11.12.3 PRODUCT OUTLOOK
11.12.4 KEY DEVELOPMENTS
11.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.13 OZONETECH SYSTEMS OTS AB
11.13.1 OVERVIEW
11.13.2 FINANCIAL PERFORMANCE
11.13.3 PRODUCT OUTLOOK
11.13.4 KEY DEVELOPMENTS
11.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
11.14 ABSOLUTE SYSTEMS INC
11.14.1 OVERVIEW
11.14.2 FINANCIAL PERFORMANCE
11.14.3 PRODUCT OUTLOOK
11.14.4 KEY DEVELOPMENTS
11.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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