Global Automotive Ozone Generator Market – Industry Trends and Forecast to 2029

Global Automotive Ozone Generator Market, By Application (Wastewater Treatment, Industrial Wastewater Treatment, Municipal Wastewater Treatment, Aquaculture, Swimming Pool, Laboratory and Medical and Potable Water Treatment), Type (Ultraviolet Generators, Cold Plasma Generators, Corona Discharge Generators, Electrolytic Generators and Others), – Industry Trends and Forecast to 2029

Market Analysis and Size

Unlike ultraviolet sterilisation, which leaves some areas unsterile, ozone can reach every corner of the environment. It is suitable for use in public transportation modes such as high-speed railways, aeroplanes, ships, and buses because it leaves no poisonous residue and can be produced using simple equipment. Rising investments in upgrading and expanding wastewater treatment facilities, combined with a positive outlook for industrial sector growth, are expected to boost product demand in the coming years.

Data Bridge Market Research analyses that the automotive ozone generator market was valued at USD 1.6 billion in 2021 and is likely to reach USD 2.04 billion by 2021, and is expected to grow at a CAGR of 3.1% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Market Definition

Ozone is a naturally occurring gas in the atmosphere; it is composed of oxygen atoms and is a highly reactive toxic gas that combines with other gases in the atmosphere. Stratospheric ozone is ozone found in the stratosphere that protects living things from the sun's harmful UV rays. Ozone generators are devices that emit ozone into the air in order to clean and purify the air without the use of chemicals. They also help to kill viruses, eliminate odours, and sanitise the home, office, hotel, kitchen, and other areas.

Report Scope and Market Segmentation

Automotive Ozone Generator Market Dynamics

This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:

• Rise in air pollution levels as well as growing population

The rate of population growth has increased significantly in recent years, resulting in increased air pollution and high levels of greenhouse gas emissions, which have destroyed the stratospheric ozone. Because of an increase in diseases, which necessitates an increase in air purification systems, another factor driving market growth is industrialization and urbanisation, which increases consumer spending power.

• High demand from the end use industries.

Since ozone generators are in high demand in a variety of end-user industries such as healthcare, automotive, construction, and food and beverage. Government stringent regulations implemented by environmental bodies to reduce harmful emissions will provide a growth opportunity during the forecast period.

• High installation as well as maintenance cost

The pre-treatment of wastewater incurs significant costs. The high energy requirements for wastewater treatment processes raise the operating costs of ozone generators. Any industry can benefit from a one-time investment in ozone generators. The operational and maintenance costs of ozone generators, on the other hand, are high. The cost of ozone disinfection systems for municipal water treatment is determined by the system manufacturer, the location and capacity of the plant, and the characteristics of the water to be disinfected. When compared to other disinfection techniques, the costs of zonation are generally high. However, the capital and maintenance costs are not competitive with available alternatives. As a result, ozone is only used with caution in cases where other options are ineffective.

This automotive ozone generator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive ozone generator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Automotive Ozone Generator Market

COVID-19 has also had an impact on consumer spending. Spending on all non-essential goods and services has been drastically reduced. Ozone generators are used in a variety of household appliances, including air purifiers, fruit and vegetable washers, surface disinfectants, and laundry. These are relatively non-essential and somewhat pricey appliances. The global manufacturing industry, as well as the interconnected supply chain systems, have been devastated by the COVID-19 pandemic. Social distancing norms and global lockdowns have had a significant impact on the global shutdown of business operations. These developments are expected to have a significant impact on the ozone generator market in the first few months of 2020. As a result, the recovery for this market is expected to be faster as countries reopen trade borders and complete unfinished projects and installations.

Recent Development

• Ozonetech Systems OTS AB announced a partnership with Lohja Municipality (Finland) to implement pharmaceutical treatment in July 2020. The project is supported by the ELY Centre in South Savo's (Centre for Economic Development, Transport, and the Environment) and the Ministry of Environment's programme for efficient water protection.
• Corotec Corporation has introduced a new line of modular ozone generators for use on extrusion coating and laminating lines to improve laminate adhesion and allow for faster production speeds.

Global Automotive Ozone Generator Market Scope

The automotive ozone generator market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Ultraviolet Generators 
• Cold Plasma Generators 
• Corona Discharge Generators 
• Electrolytic Generators
• Others

Application

• Wastewater Treatment 
• Industrial Wastewater Treatment
• Municipal Wastewater Treatment 
• Aquaculture 
• Swimming Pool
• Laboratory and Medical
• Potable Water Treatment

Automotive Ozone Generator Market Regional Analysis/Insights

The automotive ozone generator market is analysed and market size insights and trends are provided by country type and application as referenced above.

The countries covered in the automotive ozone generator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America holds the largest share of the automotive ozone generator market. North America is the largest ozone generator consumer. The large market share is due to the region's extensive industrial base, particularly in the United States. The rising population, increased awareness among people about the benefits and applications of ozone generators, and stringent implementation of various government regulations regarding water and wastewater treatment can all be attributed to the market's growth in this region.

Asia-Pacific is expected to grow at a significant growth rate over the forecast period of 2022 to 2029 due to the high rate of industrialization and the expansion of construction and manufacturing sector.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Automotive Ozone Generator Market Share Analysis

The automotive ozone generator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive ozone generator market.

Some of the major players operating in the automotive ozone generator market are:

• DAIKIN INDUSTRIES, Ltd (JAPAN)
• AB Electrolux (U.S)
• Ozone Tech Systems OTS AB (U.S)
• Honeywell International Inc. (INDIA)
• Whirlpool Corporation (INDIA)
• Biozone Corporation (U.K)
• Primozone Ricardo. (SPAIN)
• Tech Mahindra Limited.(INDIA)