Overview:
According to the latest research report, the demand of global Ultraviolet Disinfection Equipment Market size & share was valued at approximately USD 2.54 Billion in 2020 and is expected to reach a value of around USD 6.34 Billion By 2028, at a compound annual growth rate (CAGR) of about 12.5% during the forecast period 2021 to 2028.
Ultraviolet disinfection equipment is used to combat microbial contamination harmful living organizations generally found in water, food, air, beverages, and wastewater treatments. The system uses short-wavelength ultraviolet C (UV-C) light to combat microorganisms by destroying nucleic acids and disrupting their DNA. UV disinfection is generally used in industries such as hotels, hospitals; labs, pharmacy. It’s a safe and more cost-effective way to disinfect water. Industries use it to purify drinking water in individual homes as well as disinfect the water supply of entire townships for industrial wastewater treatment.
UV disinfection system offers various benefits as it is known as a safer choice as compared to other methods. Companies find it as a more environmentally-friendly option for water filtration because it’s a chemical-free system. Lots of products available in the market contain UV disinfectants and consumers bought them for their personal use like in cleaning vegetables. However, the effectiveness of UV depends upon the intensity of UV light and the characteristics of living organisms.
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Spotlights of The Report:
· Progressive industry trends in the global ultraviolet disinfection equipment market to help players develop effective long-term strategies
· Quantitative analysis of the market
· Estimation of the demand for ultraviolet disinfection equipment across various industries
· Recent developments to understand the competitive scenario
· Trends and outlook coupled with factors driving and restraining the growth of the industry
· Detailed overview and segmentation of the global ultraviolet disinfection equipment market as well as its dynamics in the industry
Top Companies in the Market:
· Halma PLC
· Xylem Inc.
· Atlantic Ultraviolet Corporation
· Trojan Technologies
· Evoqua Water Technologies LLC
· Kuraray Co. LTD
· American Ultraviolet
· Atlantium Technologies LTD.
· Advanced UV Inc.
· Lumalier Corporation
· Xenex
· Hoenle AG
· Siemens Water Technologies
· ITT Wedeco
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Key Questions Answered:
· Who are the leading key players and what are their key business plans in the global ultraviolet disinfection equipment market?
· What are the key concerns of the five forces analysis?
· What are the different prospects and threats faced by the dealers?
· What are the strengths and weaknesses of the key vendors?
· What are the main trends that have a positive impact on the growth of the global ultraviolet disinfection equipment market?
· What are the growth opportunities that could emerge in the industry in the coming years from 2021-2028?
Ultraviolet Disinfection Equipment Market: Growth Leading Factors
Applications like municipal drinking water and industrial process water treatment are anticipated to push the global ultraviolet disinfection market growth. In countries such as India and China, increasing government policies for water and wastewater treatment has been a key factor in accelerating technology growth. Likewise, growing industrialization in these developing countries, which has caused air and water pollution, has negatively affected the rainfalls and purity of natural water resources. Another aspect expected to boost the UV disinfection equipment market growth includes an increase in demand for clean and safe drinking water due to rapid growth in population and scarcity of freshwater resources.
Moreover, the ongoing COVID-19 pandemic across the globe has positively affected the demand for UV ultraviolet disinfection systems. The demand can be attributed to the increasing use of UV-C light-based surface disinfection systems in the healthcare industry and commercial institutions to stop the transmission of the coronavirus. This factor along with disruptions across several end-use industries due to the COVID-19 pandemic and increased concerns about germs is expected to drive the growth of the global ultraviolet disinfection equipment market during the forecast period.
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Ultraviolet Disinfection Equipment Market: Report Scope
Ultraviolet Disinfection Equipment Market: Key Segmentation
· Insights by type, end-use, and application
By type, the UV lamps segment witnessed a high growth and generated the highest revenue in 2020, attributing to factors like the greater market demand in wastewater and water treatment plants. The key drivers contributing to the market demand involve the rising popularity of suitable disinfectant technologies and the growing concern about hygiene and safety, particularly in the food and beverage and healthcare industries. On the basis of end-use, the municipal segment dominates the global ultraviolet disinfection equipment market and is expected to continue its dominance during the forecast period owing to the increasing technology penetration in drinking water and sewage water treatment plants in developed economies. On the basis of application, the water treatment segment held the major share in 2019.
North America dominated the global ultraviolet disinfection equipment market with a revenue share of over 32% in 2020 owing to growing investments in the chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada. These factors are expected to play a crucial role in triggering the demand for UV disinfection equipment over the forecast period. In Europe, the developing automotive market, favorable industrial policies, economic development, rising industrialization, and urbanization are some of the prominent factors that boost the product demand for air purification.
Browse the full “Ultraviolet Disinfection Equipment Market Share, Size, Trends, Industry Analysis Report, By Application (Water & Wastewater Treatment, Air Treatment); By Type; By End-Use; By Region; Segment Forecast, 2021 - 2028” Report at https://www.polarismarketresearch.com/industry-analysis/ultraviolet-uv-disinfection-equipment-market
The market is primarily segmented on the basis of type, application, end-use, and region.
Ultraviolet Disinfection Equipment Market: By Type
· UV Lamps
o Mercury
o Low-pressure
o Medium-pressure
o Amalgam
o Xenon/LED
· Ballasts/Controller Units
· Quartz Sleeves
· Reactor Chambers
· Others
Ultraviolet Disinfection Equipment Market: By Application
· Water & Wastewater Treatment
· Air treatment
o Health facilities
o Residential and Commercial Buildings
o Bio-Terror agents
· Others
Ultraviolet Disinfection Equipment Market: By End-use
· Municipal
· Residential
· Commercial
· Industrial
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