The market is expected to generate an incremental $ opportunity of US$ 405.1 Mn between 2022 and 2032
Category: Clean Energy & Power Published Date : October 2022 ID: CVC-00313 Format: PDF Pages: 310
Global Ozone Meter Market Size Analysis
According to a research survey conducted by ChemView Consulting, in 2022, the Global Ozone Meter Market was worth US$ 461.9 Mn and is expected to grow at a CAGR of 6.5% over the forecast period. While the historical CAGR is 5.4%, the market is expected to hit US$ 867.0 Mn by 2032 end.
The ozone meter is an extremely accurate tool for measuring the amount of ozone in the air and water, which is utilized in industrial operations and environmental technologies. Ozone content in liquids and the atmosphere can be measured with an ozone meter.
Ozone meters can also be used to find and gauge the amount of ozone in water and the air. It is an electronic gadget or apparatus that measures the amount of ozone by absorbing ultraviolet light in various industries, including rubber, food, and agriculture. In turn, it is anticipated that this will hasten the global expansion of ozone meters.
Market Dynamic
RISE IN DEMAND FOR OZONE METERS IN WATER TREATMENT PLANTS FUELS THE MARKET RISE
The ozone meter market is anticipated to grow shortly due to increased demand for ozone meters in water treatment facilities to detect the ozone concentration in potable, raw, processed, waste, and cooling water. The market for ozone meters is also being driven by the expansion of water treatment facilities worldwide and the requirement for ozone meters in these facilities in both developed and developing nations.
LACK OF AWARENESS AMONG END-USERS RESTRAINS THE MARKET
The global ozone meter market is anticipated to be hindered by end-users lack of knowledge regarding ozone contamination in several underdeveloped regions of the world.
Market Segments Covered in Report
By Product Type:
By Distribution Channel:
By End-Use:
By Region and Country:
Segment-Wise Analysis
Which product type is anticipated to grow at a rapid pace during the projected period?
Portable Ozone Meter is anticipated to grow in the forecast period.
Which distribution channel is increasing in demand and expected to have a larger market share?
According to estimates, the Direct Sale (OEM) sector will soon account for a sizable portion of the global market for Ozone Meters.
Region-Wise Analysis
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.
Competition Analysis
Companies operating in the worldwide ozone metre market are expanding their research and development spending to discover new, cutting-edge methods for making ozone meters. The need for ozone meters is extremely consolidated, with the top manufacturers holding between 25% and 30% of the market.
A list of some of the key suppliers present in the market are:
Global Zinc Air Batteries Market 2022-2032: Report Coverage and Highlights
Research Scope | Details |
Forecast period | 2022-2032 |
Historical data available for | 2017-2021 |
Market analysis | USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030 |
Key regions covered | North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa |
Key countries covered | US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt |
Key segments covered | By Product Type, Distribution Channel, End-Use, and Region |
Customization scope | Available upon Request |
Pricing and purchase options | Available upon Request |