Ozone Analyzer Market Size, Share and Analysis By Type (UV photometric, Electrochemical, Others), By Application (Drinking Water Industry, Sewage & Industrial Process Water, Cosmetics Industry, Pharmaceutical Industry, Food Manufacturing Industry, Environmental and Health Industry) and Regional Forecast, 2024-2032

Ozone Analyser is a device that monitors the ozone concentration in the atmosphere. The device is also used at industries to check the ozone concentration in ambient level and determine if it is within the air quality standards. The UV based Ozone analyser uses the variations in the intensity of ultra violet rays to find the concentration of Ozone, whereas, Electrochemical based devices uses electrodes and measure the ozone content. These devices are mostly used as control parameters to manage the quantity of Ozone that are either injected into a process or ejected by a process in industries.

The food manufacturing, cosmetics, and pharmaceutical industries are rapidly increasing owing to the growing population and demand. The ozone analysers are used in such industries in the waste treatment plant to check the pollution level and keep it within the permitted standard.

• For instance, the size of global cosmetics market was USD483 Billion in 2020 and USD511 billion in 2021 with a CAGR of 4.75 percent.

The water shortage issue is one of the major concerns worldwide. The UNICEF estimates that half of the world population will face severe water scarcity by 2025 thereby the demand for ozone analyser in recycling waste water is expected to surge in future.

The readings in ozone analysers, at times, are cross interfered by other gases like SO2, and H2S.

Despite the growing demand for Ozone analysers the factors like low reliability of these devices and poor time resolutions are hampering the market growth.

Impact of COVID-19 on the Global Ozone Analyzer Market:

Like any other market, the COVID-19 pandemic, highly affected Ozone analyser market as well. Restrictions by government on manufacturing sector hampered the production of Ozone measuring devices and because ozone analysers are used mostly in manufacturing plants the market got affected in consumer prospect too.

Key Insights

The report will cover following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends and Opportunities


• Business Strategies Adopted by the Players


• Impact of COVID-19 on Global Ozone Analyzer Market


• Consolidated SWOT Analysis of Key Players

Regional Analysis

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Europe has the highest CAGR for the market in the forecast period. As per European Environmental Agency the 54 percent of waste water in Europe is from industries such as automotive manufacturing, and food processing. The high adoption rate of Ozone analysers in the Water treatment plants of the above mentioned industries is the major factor propelling the market growth in Europe.

North-America has the highest market share in the Ozone analyser market. The technological advancements in the well-established food and beverage industries in the region, and increasing health concerns due to pollution are some of the major factors driving the market. Governments are taking multiple precautionary climate actions which encourages companies to adopt Ozone analysers.

• For instance, the United States Environmental Protection Agency passed American Innovation and Manufacturing (AIM) Act in December 2020, to reduce the pollutants in air and water that are discharged from Manufacturing plants.

Latin America and Middle East & African is also witnessing a considerable growth in the market. The market in these regions are growing due to the factor like water scarcity. As per reports, Middle East and North African countries face highest water scarcity. Upon that, the growing beverage and packaging industries in Latin America surges the demand for Ozone analyser market.

Asia-Pacific is the emerging region in the Ozone Analyser market. The pharmaceutical industries in this region are growing rapidly in terms of production and that increases the amount of wastes released into the environment. However, owing to government initiations the companies are monitoring the Ozone pollutants thereby increasing the scope of Ozone analyzer market.

Key Players Covered

The key players covered in the Global Ozone Analyzer market are Teledyne API, Thermofisher, ECOTECH, Eco Sensors, 2B Technologies, Focused Photonics, Aeroqual, Sailhero, Hach, HORIBA, DKK-TOA, and BMT MESSTECHNIK. Among the key players covered the companies Teledyne API, Thermofisher, ECOTECH, Eco Sensors and 2B Technologies have more than 40 percentage of the Global market share.

Segmentation

Key Industry Developments

• In October 2021: The Clarity Movement Co. collaborated with 2B Technologies to develop customized Ozone analysers for their American customers and as per requirement. The new product is capable of covering a wide area to monitor air with a maximum range of 100 parts per million


• In November 2021: Aceom, an American Multinational environmental monitoring solutions provider, acquired Met One Instruments. Met One Instruments have been manufacturing and supplying air quality monitoring instruments. The combo intends to improve environmental standard across the globe by manufacturing monitoring equipment for governmental agencies, and industries