- The key vendors in the Global Ozone Generation Technology Market 2015-2019 are Degremont, Ebara Corp., Fuji Electric Co. Ltd. and Mitsubishi Electric Power Products Inc.
London, 16 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Ozone Generation Technology Market 2015-2019. One key trend emerging in this market is the increased need for water and air treatment in developing countries. Rapidly growing populations and industrialization have led to increased demand for air and water treatment. The overall market is expected to grow at a CAGR of 7.1 percent during the forecast period of 2014-2019.
Ozone offers many advantages in terms of disinfection capacity and better processing for water disinfection compared to other disinfection mediums such as chlorine and UV.That is why ozonization is the preferred choice among end-users. Ozone treatment is an effective way to treat municipal and industrial waste water. This process is also used to release organically bound heavy metals (iron and manganese) from the supplies that are otherwise not removed easily.
“Compact and portable ozone systems are being increasingly used in households for cleaning and deodorizing fruits, vegetables, and meat,” says Faisal Ghaus, Vice President of TechNavio Research.
“Ozone disinfection technology effectively cleans bacteria, viruses, and fungi and oxidizes pesticides and other chemicals, thus making food fit for consumption.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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