Ozone Generator Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Ozone Generator Market is segmented By Technology (Corona Discharge, Cold Plasma, Electrolysis, Ultraviolet), By End Use (Municipal, Industrial, Comme....

Ozone Generator Market Size

Market Size in USD

CAGR8.26%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR8.26%
Market ConcentrationHigh
Major PlayersXylem Inc., Mitsubishi Electric Corporation, Suez SA, Toshiba Corporation, Ebara Corporation
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Ozone Generator Market Analysis

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.