Ozone Generation Market by Technology (Corona Discharge, Cold Plasma, Oxidation, Electrolysis, and Ultraviolet) and Application (Industrial, Potable Water Treatment, Municipal, Air Treatment, and Others)

Global Ozone Generation Market was valued at $880 million in 2016, and is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023. Ozone is the strongest commercially available oxidant and employs a vast array of applications. It is a powerful disinfectant, which is majorly used for water treatment in different industries. Ozone generators are predominantly used in air treatment as complex molecules can be broken down by the powerful oxidation effect of ozone. The commercially used method to generate ozone is by corona discharge through the usage of electrical power.

Access Full Summary @ https://www.alliedmarketresearch.com/ozone-generation-market

Rise in need for clean drinking water, increase in usage of ozone technologies, and rapid urbanization & demographic growth drive the market. However, high installation & operational cost of ozone generation systems and lack of awareness regarding ozone generators hamper the potential of the market for different applications. Conversely, development in ozone generation technologies particularly in emerging countries, is expected to create opportunities in the market. Key market players have adopted merger as their key strategy to widen their brand portfolios and expand their market reach.

The global ozone generation market is segmented based on technology, application, and geography. Based on technology, it is categorized into corona discharge, cold plasma, electrolysis, and ultraviolet. Based on application, it is divided into industrial, potable water treatment, municipal, air treatment, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Get the PDF brochure: https://www.alliedmarketresearch.com/request-sample/2610

In 2016, the potable water treatment segment, accounted for around one-third of the global market share. This segment is highly lucrative for investment due to high demand for clean drinking water owing to increase in population and urbanization over the years. Thus, potable water treatment is anticipated to show high growth rate along with significant return on investment for the stakeholders, owing to its notable revenue contribution.

Asia-Pacific possesses maximum potential for growth in the global ozone generation market, on account of the high demand from emerging economies. The European countries, such as Germany, UK, and France, are expected to witness high demand for ozone generation, owing to stringent regulations in water treatment frameworks under the European Commission.

Make a purchase enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2610

A lot of companies have adopted product development, expansion, and merger strategies to sustain the intense market competition. The key players profiled in the report include Absolute Systems, Inc., Chemtronics Co., Ltd., DEL Ozone, EBARA Technologies, Inc., ESCO International Ltd., Fuji Electric Co., Ltd., International Ozone Technologies Group, Inc., Mitsubishi Electric Corp., Toshiba Infrastructure Systems & Solutions Corporation, and Suez SA.

Key Benefits:

• This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the global ozone generation market.
• In-depth analysis of the market is conducted, and estimations for key segments from 2014 to 2022 are provided.
• Comprehensive analysis of the factors that drive and restrain the market growth is provided.
• Industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Key market players are profiled and their strategies are analyzed thoroughly to provide a competitive outlook of the industry trends.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.