Market Snapshot:
An ozone generator is known as a device which turns regular air into ozone, it is capable of removing contaminants present in the air and also has an effect on some of the sources of odor inside a vehicle. Ozone is very dangerous and must be used with caution. Ozone Generator is basically a device used to produce ozone by breaking apart molecules of oxygen and providing conditions which is suitable to have as much ozone formed as possible. The market of the ozone generator is growing due to the rising pollution levels in the urban region. While some of the factors like high installation cost and periodic maintenance is hindering the overall market.
Segment Analysis
AMA Research have segmented the market of Global Ozone Generator market by Type, Application and Region.
On the basis of geography, the market of Ozone Generator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
Increasing Residential Applications of Ozone Generator
Market Drivers
Track and regulate the indoor quality of air and Rising Pollution Levels in the Urban Region
Opportunities
Rising Demand from Developing Countries Owing To Increasing Industrialization and Increasing Investments in R&D for Product Innovation
Restraints
- High Installation Cost associated with Ozone Generator
- Periodic Maintenance and Replacement of the Ozone Generator
In addition to the aforementioned factor, Track and regulate the indoor quality of air
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
Ozone Generator market is fragmented owing to numerous players in the market. Market leaders are focusing on technological development to design an ozone generator for reducing adverse environmental effects and health hazards. Further, increasing investment and industrialization expected to drive the market.
The key Manufacturers profiled in the study are OZONIA (Suez) (United States), Wedeco (Xylem) (United States), Newland EnTech (Spain), MKS (United States), Toshiba (Japan), Metawater (Japan), Qingdao Guolin Industry (China), Primozone (Sweden), Mitsubishi Electric (Japan) and Jiuzhoulong (China).