Ozone Generator Market is segmented By Technology (Corona Discharge, Cold Plasma, Electrolysis, Ultraviolet), By End Use (Municipal, Industrial, Comme....
Market Size in USD
CAGR8.26%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 8.26% |
Market Concentration | High |
Major Players | Xylem Inc., Mitsubishi Electric Corporation, Suez SA, Toshiba Corporation, Ebara Corporation |
The ozone generator market is estimated to be valued at USD 1.311 Bn in 2024 and is expected to reach USD 2.285 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 8.26% from 2024 to 2031. The ozone generator market is expected to expand at a significant growth rate due to rising demand for clean water and increasing industrial applications.