Ozone offers many advantages in term of higher overall disinfection capacity and better processing speed as compared to other disinfectant such as chlorine and UV, making it the most preferred among end users. High oxidation potential, quicker processing time, no harmful by-product and long run cost benefits are some of the major advantages of ozonation. Ozone generation is used for disinfecting water, equipment and sanitizing air. It is also used for therapy of diseases such as cancer and AIDS and for bio-waste treatment. The most common type of ozone generation technology is corona discharge. Ozone can also be produced using traditional methods such as UV light and by electrolytic method, which provides higher concentration and purity. The growing demand to treat waste water in order to make it potable and useful for other purposes is propelling the growth of the ozone generation technologies market.
 
The global ozone generation technologies market can be segmented into five segments based on applications such as industrial water, drinking water, waste water, air treatment and others. Ozone generation technologies are generally used for treating water and air or gas. Ozone technology equipment has promising growth in the waste water treatment equipment for industries, for sewage treatment in municipalities, and other waste water treatment in commercial segments like swimming pool, spas and others. Municipalities are upgrading from traditional chlorine-based disinfection to UV and ozone technology based.  This has resulted in boost in ozone generation technologies market. Among these applications, waste water treatment accounts for approximately three-fourth of the overall market. Air or gas treatment segment is the fastest growing segment of the ozone generation technologies market.
 
Rapid industrialization in the Asia Pacific coupled with growing disposable incomes in emerging economies of India and China provides immense opportunity to players operating in ozone generation technologies market. Growing industrialization in Asia Pacific has increased usage of water and hence the volume of waste water, which increases the need for waste water treatment by various means. Market trends involve increased need for water and air treatment in developing countries. Waste water treatment regulations in some countries leads to modification in their disinfection techniques to improve safety level of water. Regulatory bodies in developed economies of North America and Europe have been supporting the use of ozone generation technologies which has further boosted the demand for the ozone generation technologies market.
 
Some of the major factors driving the demand for ozone generation technologies include water scarcity, growing need to conserve natural water and treat waste water. Favorable regulatory norms are expected to contribute to increased profitability for stakeholders. Lack of awareness regarding benefits of using ozone for disinfecting has been hindering the growth of global ozone generation technologies market. The increasing global health concerns due to urbanization, increasing water contamination and growing level of industrialization are driving the ozone generation technologies market globally. Simple technology and lack of regulatory requirement for ozone generators in most parts of the world lead to emergence of many small private level regional companies.
 
Some of the global players in ozone generation technologies market are Ebara corp., Mitsubishi Electric Power Inc., Vermont Inc., Ozomax ltd., Pacific Ozone Technology Inc., and Degremont Ltd., among others. Some of the big players have raised the standards of ozone generating products by introducing high efficiency and low power ozone equipment in the ozone generation technologies market.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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