Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.65 Billion | USD 3.50 Billion | 7.80% | 2024 |
FrequentlyAsked Questions
Ozone generation refers to the process of generating ozone (O3) from molecular oxygen (O2). The process of generating O3 typically uses ultraviolet light or electrical discharge to split oxygen molecules and promote free oxygen to combine with existing O2 molecules.
The global ozone generation market is expected to be driven by the growing demand for O3 in treating and managing wastewater.
According to study, the global ozone generation market size was worth around USD 1.65 billion in 2024 and is predicted to grow to around USD 3.50 billion by 2034.
The CAGR value of the ozone generation market is expected to be around 7.80% during 2025-2034.
The global ozone generation market will be led by North America during the projection period.
The global ozone generation market is led by players like Ozonia (a brand of SUEZ), SUEZ Water Technologies & Solutions, Toshiba Corporation, Primozone Production AB, Pacific Ozone (a brand of Evoqua), Ebara Corporation, Industrie De Nora S.p.A., Wedeco (a Xylem brand), Absolute Systems Inc., Mitsubishi Electric Corporation, Oxyzone Pty Ltd, METAWATER Co., Ltd., Ozonetech Systems OTS AB, ESCO International, and Xylem Inc.
The report explores crucial aspects of the ozone generation market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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