Global Ozone Meter Market Research Report - Segmentation By Application (Food Safety, Water Treatment, Environmental Testing, Manufacturing and Sterilization), By Product (Portable, Handheld and Tabletop), By Component (Hardware and Software), and Region - Industry Forecast of 2024 to 2032.

Updated On: June, 2024
ID: 10482
Pages: 150

Global Ozone Meter Market Size (2024-2032):

The size of the global ozone meter market was worth USD 740 million in 2023. The global market is anticipated to grow at a CAGR of 8.86% from 2024 to 2032 and be worth USD 1,589 billion by 2032 from USD 806 billion in 2024. 

Current Scenario of the Global Ozone Meter Market

The ability of the ozone meter to measure and detect the low concentration of ozone in air and water is also contributing to the expansion of the ozone meter market. Along with this, for long-term ozone measurement, the ozone meter can be placed on a tripod and mounted on the wall, which finally makes the ozone measurement procedure easier. The rapid adoption of ozone meters by professionals for long-term ozone monitoring is fueling the call for ozone meters in the worldwide market. Ozone is the gas naturally present in the atmosphere and is made up of three oxygen atoms. Since ozone gas is very unstable and toxic in nature, it tries to combine with other gases in the atmosphere. Ozone is considered one of the most dangerous gases and must be monitored and measured at frequent intervals. The ozone meter is mainly employed to determine the ozone content in the atmosphere and liquids. The ozone meter is a highly accurate instrument that instantly measures dissolved ozone in drinking water and ozone concentration in ambient air. The growing call for ozone meters in various industries, especially in water treatment plants to measure ozone content in raw water, waste, drinking, process, and cooling water, is driving expansion in the global ozone meter market.

MARKET TRENDS

Factors responsible for the expansion of the global ozone meter market during the foreseen period include the escalating call for ozone meters in many industries, such as water treatment plants to measure ozone content in refrigeration, processes, drinking water, water residual, and crude. In addition, Ozone Meter also has the ability to detect and measure low concentrations of ozone in air and water, which positively influences the expansion of the Ozone Meter market around the world. Ozone sensors are employed in a wide variety of applications ranging from food safety, water treatment, environmental testing, and sterilization. Also, since chemical decomposition occurs, ozone is preferred over a standard sterilization technique, whereas in the standard technique, heat is applied to kill all bacteria. However, depending on the resistance of the bacteria, some can survive.

MARKET DRIVERS

Even a low concentration of ozone in the air can seriously harm human health. To maintain an adequate ratio of ambient air in the climate, it is essential to monitor and measure the concentration of ozone in the air. Many countries continually strive to maintain environmental sustainability. The growing need for an ozone meter to monitor the ozone level in the atmosphere and the frequent use of the ozone meter by forest departments and environmental agencies are driving the expansion of the ozone meter market across the world. In addition, the escalating call for ozone meters to measure the ozone content of industrial wastewater, drinking water, and other carbonated beverages is also driving the call for ozone meters in the market. A sample can be identified as contaminated or contaminant-free based on comparing the ground-level ozone in the sample with that of pre-recorded ozone readings. Ozone in the atmosphere protects all people from the sun's harmful rays, while that on earth can have a harmful effect, resulting in various health problems. Ozone is created at ground level by the interaction of sunlight and smog, which causes a kind of chemical reaction, thus creating ozone that can now pollute the air and food particles. Due to the readjustment of ozone in the earth, the temperature of the earth increases thus inducing more environmental problems that, in general, add to the increase in gases that deplete the water layer of ozone in the atmosphere.

MARKET RESTRAINTS

On the other hand, the lack of awareness about ozone pollution in some undeveloped areas around the world is hampering the expansion of the global ozone meter market. Lack of awareness among end-users of ozone pollution in some undeveloped regions around the world is predicted to hamper the global ozone meter market.

MARKET OPPORTUNITIES

Advanced features such as battery-operated functionality, extended temperature range, display illumination, and offset adjustment function for air temperature and humidity make the ozone meter easy to use. In addition to this, several growing economies are rapidly making efforts and focusing more on maintaining environmental sustainability, which is also predicted to drive the expansion of the global ozone meter market over the next five years. The growing need for ozone meters to monitor the ozone level in the atmosphere and the regular use of ozone meters by environmental agencies and forest departments are also estimated to be driving the market for ozone meters around the world.

MARKET CHALLENGES

However, the lack of awareness of ozone pollution in some undeveloped areas could hamper the expansion of the global ozone meter market in the coming years.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

8.86%

Segments Covered

By Application, Product, Component, and Region.

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Emerson Electric Co, PCE Deutschland GmbH, Halma plc (Palintest), DKK-TOA Corporation, 2B Technologies, Ozone Solutions, Inc., ProMinent, Trotec GmbH, Labtron, Eco Sensors Inc and others.

 

REGIONAL ANALYSIS

The escalating emphasis on controlling ozone concentration and its dangerous effects is one of the main factors driving the call for an ozone meter. The rising number of water treatment plants and the frequent need for ozone meters at these plants to monitor ozone content in the North American region are driving market expansion significantly. Also, industrial expansion in European countries and the rapid adoption of advanced ozone meters in this region are also supporting the ozone meter market. The increasing call for potable water in the APAC region due to rapid population expansion is predicted to witness significant market expansion during the foreseen period.

On the other hand, in terms of calls, the MEA region is predicted to record moderate calls for ozone meters in the market during the foreseen period. North America is likely to have a significant share of the worldwide ozone meter market during the outlook period due to the growing need for climate and water monitoring in the region. Europe is also estimated to have a vital share in the global ozone meter market, due to industrial expansion and the rapid adoption of advanced ozone meters in the area. This, in turn, is predicted to drive the expansion of the ozone meter market in the Europe region.

KEY PLAYERS IN THE GLOBAL OZONE METER MARKET

Companies playing a prominent role in the global ozone meter market include Emerson Electric Co, PCE Deutschland GmbH, Halma plc (Palintest), DKK-TOA Corporation, 2B Technologies, Ozone Solutions, Inc., ProMinent, Trotec GmbH, Labtron, Eco Sensors Inc and others.

RECENT HAPPENINGS IN THE GLOBAL OZONE METER MARKET

  • After four years of development, Chemical Engineering has now launched a new ozone generation technology that can address many drawbacks associated with conventional O3 technologies.

SEGMENTATION OF THE GLOBAL OZONE METER MARKET INCLUDED IN THIS REPORT

This global ozone meter market research report has been segmented and sub-segmented based on application, product, component and region.

By Application

  • Food safety
  • Water treatment
  • Environmental Testing
  • Manufacturing
  • Sterilization

By Product

  • Portable
  • Handheld
  • Tabletop

By Component

  • Hardware
  • Software

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa 

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