What Are The Insights On The Ozone Generator Market Size And Growth Rate For 2024-2029?
The ozone generator market size witnessed considerable growth in recent years. From $1.53 billion in 2024, it is expected to increase to $1.64 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. Factors such as increased concerns about air and water pollution, growth in demand for water treatment and purification, and stringent environmental regulations and standards have fueled the growth in the historical period.
The ozone generator market is predicted to further witness robust growth, reaching $2.26 billion by 2029 at a CAGR of 8.4%. The growth can be attributed to factors such as adoption of ozone generators for aquaculture and fish farming, integration of ozone technology in laundry and textile industries, and expanded applications in the industrial and municipal sectors.
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Which Factors Are Driving The Growth Of The Ozone Generator Market?
Rising investments in upgrading and expanding wastewater treatment facilities have propelled the growth of the ozone generator market. As water resources become increasingly scarce, wastewater reuse has gained importance due to climate change progression. The usage of ozone generators in treating and purifying water at wastewater treatment plants, particularly in industrial effluent removal, highlights the urgent need for improved water quality. Thus, the rising investment in upgrading and expanding wastewater treatment facilities is expected to boost the ozone generator market demand in the forecast period.
Which Are The Major Segments Within The Global Ozone Generator Market?
1) By Type: Large Ozone Generator (>5kg/h), Middle Ozone Generator (100 gm/h- 5 kg/h), Small Ozone Generator (<100 gm/h)
2) By Technology: Corona Discharge, Ultraviolet Radiation, Electrolysis, Radiochemical
3) By Application: Water Purification, Air Purification, Pulp Bleaching, Organic Synthesis, Aquaculture, Food Processing, Surface Treatment, Medical & Aesthetics, Other Applications
4) By End-User: Municipal and Industrial Water Treatment, Residential and Industrial Air Treatment, Automotive, Food and Beverage, Paper and Pulp, Pharmaceuticals, Semiconductors, Other End-Users
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Who Are The Major Players Operating In The Ozone Generator Market?
Significant companies operating in the ozone generator market include Suez Utilities Company, Mitsubishi Electric Corporation, Ebara Corporation, Toshiba Corporation, METAWATER Co Ltd., Daikin Industries Ltd., Ozone Tech Systems, Primozone AB, Lenntech B.V., and Ecozone Technologies Ltd., among others.
What Trends Are Emerging In The Ozone Generator Market?
Product innovation is an emerging trend in the ozone generator market. Companies are developing new products with innovative technologies to meet specific industry demands and strengthen their global business presence. For instance, Fresh Mouth, a US-based oral health solutions provider, launched a new ozone generator in April 2023, which also functions as a hydrogenated water generator, offering distinct therapeutic and nutritional benefits.
Which Region Dominates The Ozone Generator Market?
North America was the largest regional market for ozone generators in 2024. The report covers other crucial regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa.
What Does The Ozone Generator Market Report 2025 Offer?
An ozone generator refers to a device designed to produce the gas ozone. It is a system that transforms oxygen from various sources, into ozone. These generators are a type of air purification system that generates ozone (O3) to aid in the reduction of airborne contaminants. The Ozone Generator Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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