The Global Ozone Generation Technology Market size is approximate to reach $1.9 Billion by 2026, growing at a CAGR of 6.0% over the forecast period of 2021-2026.
A device that produces the gas ozone is known as an ozone generator. Although ozone is efficient in water treatment, significant quantities of ozone in the air are required to eliminate impurities. Therefore, health experts advise that it's critical to keep circumstances under control so that no one, even pets, is exposed to dangerously high amounts of ozone. The growing demand for ozone generators from municipal water treatment facilities and increasing water shortages throughout the world are likely to propel the global ozone generator market forward. It also acts as an alternative to chlorine in case of water purification.
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Impact of COVID-19 on Ozone Generation Technology Market
The current COVID-19 pandemic scenario has sparked widespread concern, perhaps resulting in a worldwide economic slump. Multiple variables influence global economic growth, including the spread of the virus, the severity of containment measures, supply chain disruptions, financial market tightening, alterations in spending habits, behavioral changes, and unpredictable commodity prices. Moreover, through trade and global value chain links, these domestic disruptions are projected to spread worldwide, amplifying the microeconomic consequences.

Market Dynamics
Driver: Being a safe alternative to chlorination in case of water purification is driving the market demand
In terms of disinfection, ozone is 3,000 times more efficient than chlorine, according to the Water Pollution Control Federation. In addition, ozone is a low-cost water treatment technique that does not involve shipping or storage. As a consequence of individuals being more aware of the benefits of ozone versus chlorine, ozone generators are projected to increase.
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Challenge: Increased costs associated with Ozone Generation are set to limit the market growth.
High costs are incurred in the pre-treatment process of wastewater. In addition, high energy requirements for carrying out the wastewater treatment processes increase the operating costs of ozone generators. The installation of ozone generators is a one-time investment for any industry. However, operational and maintenance costs of ozone generators are high.

Key Market Players
Key Players in Global Ozone Generation Technology Market consist of SUEZ Water Technologies & Solutions, Xylem, Mitsubishi Electric Corporation, Ebara Corporation, Toshiba Corporation, METAWATER Co., Ltd., Spartan Environmental Technologies, MKS Instruments, Corotec Corporation, Ozonetech Systems OTS AB, and Absolute Systems Inc.

Report Coverage and Scope
The report "Global Ozone Generation Technology Market" by Research Informatic covers an in-depth detailed analysis for the following segment, covered under a scope.

By Process
Less than 3g/h
3g/h to 9g/h
More than 9 g/h

By Application
Industrial WaterWastewater
Drinking-Water
Air Treatment
Others

Geography
North America
Europe
APAC
RoW
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TOC:
Chapter 1 Ozone Generation Technology Market Overview
1.1 Product Overview and Scope of Ozone Generation Technology
1.2 Ozone Generation Technology Market Segmentation by Process
1.2.1 Global Ozone Generation Technology Market Share of Ozone Generation Technology by Process in 2022
1.2.2 Less than 3g/h
1.2.3 3g/h to 9g/h
1.2.4 More than 9 g/h
TOC Continued…
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