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Ozone Generator Market Size
- Report ID: GMI4540
- Published Date: Feb 2020
- Report Format: PDF
Ozone Generator Market Size
Ozone Generator Market size exceeded USD 350 million in 2019 and is anticipated to grow at a CAGR of over 3.6% between 2020 and 2026. Global industry annual installation is expected to cross 400 thousand units by 2026. Rapid urbanization across developing economies coupled with growing demand for water purification and wastewater treatment systems is identified to be the key growth driver.
These systems are also deployed at wastewater treatment plants where they serve a wide-ranging function including color removal, phenol, COD & BOD reduction and limit the production of sludge. Positive outlook toward industrial sector growth along with investments toward expansion and upgradation of water treatment facilities has raised the market demand for ozone generators globally. Government measures toward the improving water and air quality across urban centers will further stimulate the market growth during the forecast timeline. However, the growing awareness regarding the adverse health effects associated with ozone may limit the ozone generator market expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Ozone Generator Market Size in 2019: | 350 Million (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 3.6% |
| 2026 Value Projection: | 450 Million (USD) |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 530 |
| Tables, Charts & Figures: | 1,009 |
| Segments covered: | Technology, Application, End-Use, Capacity |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Ozone Generator Market Scope
