At a CAGR of 12.5%, the global UV disinfection equipment market size is expected to reach $6.34 billion by 2028: Polaris Market Research
According to the latest research report, the global Ultraviolet Disinfection Equipment market size and share demand was valued at around 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 approximately 12.5% over the forecast period from 2021 to 2028.
According to the latest research report, the demand for Ultraviolet Disinfection Equipment Market Size and Share was valued at around 2.54 billion USD in 2020 and is expected to reach a value of approximately USD 6.34 billion by 2028at compound annual growth rate (CAGR) of approximately 12.5% during the forecast period 2021 to 2028.
Ultraviolet disinfection equipment is used to combat microbial contamination of harmful living organisms commonly found in water, food, air, beverage and wastewater treatment. The system uses short wavelength ultraviolet C (UV-C) light to fight microorganisms by destroying nucleic acids and disrupting their DNA. UV disinfection is typically used in industries such as hotels, hospitals; laboratories, pharmacy. It is a safer and more economical way to disinfect water. Industries use it to purify drinking water in individual homes as well as to disinfect the water supply of entire townships for industrial wastewater treatment.
The UV disinfection system offers various advantages as it is known as a safer choice compared to other methods. Companies are finding this to be a greener option for water filtration because it is a chemical-free system. Many products available on the market contain UV sanitizers and consumers have purchased them for personal use, such as cleaning vegetables. However, the effectiveness of UV depends on the intensity of UV light and the characteristics of living organisms.
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- Progressive industry trends in the global Ultraviolet Disinfection Equipment Market to help players develop effective long-term strategies
- Quantitative market analysis
- Estimated demand for ultraviolet disinfection equipment across various industries
- Recent developments to understand the competitive scenario
- Trends and outlook associated with factors driving and restraining the growth of the industry
- Detailed overview and segmentation of the global Ultraviolet Disinfection Equipment market along with its dynamics in the industry
Main companies in the market:
- Halma PLC
- Xylem inc.
- Atlantic Ultraviolet Society
- Trojan technologies
- Evoque Water Technologies LLC
- Kuraray Co. LTD
- American ultraviolet
- Atlantic Technologies LTD.
- Advanced UV Inc.
- Light Company
- Hoenle S.A.
- Siemens Water Technologies
- ITT Wedeco
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Answers to key questions:
- Who are the leading key players and what are their key business plans in the Global Ultraviolet Disinfection Equipment Market?
- What are the main concerns of the five forces analysis?
- What are the different opportunities and threats facing dealers?
- What are the strengths and weaknesses of the main suppliers?
- What are the key trends positively impacting 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 to 2028?
Ultraviolet Disinfection Equipment Market: Growth Factors
Applications such as municipal drinking water and industrial process water treatment are expected to drive the growth of the global ultraviolet disinfection market. In countries like India and China, increasing government policies on water and wastewater treatment have been a key factor in accelerating technological growth. Likewise, the increasing industrialization of these developing countries, which has caused air and water pollution, has had a negative impact on rainfall and the purity of natural water resources. Another aspect expected to drive the UV disinfection equipment market growth includes increasing demand for clean and safe drinking water due to rapid population growth and scarcity of fresh water resources.
Additionally, the ongoing COVID-19 pandemic across the globe has had a positive effect on the demand for ultraviolet UV 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 in several end-use industries due to the COVID-19 pandemic and heightened germ concerns are expected to drive the growth of the global ultraviolet disinfection equipment market during the forecast period. forecast.
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Ultraviolet Disinfection Equipment Market: Report Scope
Market Size Value 2020
Market Outlook for 2028
Expected CAGR Growth
12.5% from 2021 to 2028
2021 – 2028
By Type, By Application, By End Use, By Region
Halma PLC, Xylem Inc., Atlantic Ultraviolet Corporation, Trojan Technologies, Evoque Water Technologies LLC, Kuraray Co., LTD, American Ultraviolet, Atlantium Technologies LTD., Advanced UV, Inc., Lumalier Corporation, Xenex, Hoenle AG, Siemens Water Technologies , and ITT Wedeco.
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
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Ultraviolet Disinfection Equipment Market: Key Segmentation
- Information by type, end use and application
By type, the UV lamp segment experienced strong growth and generated the highest revenue in 2020, driven by factors such as increased market demand for sewage and water treatment plants. The major drivers contributing to the market demand involve the rising popularity of appropriate disinfection technologies and growing concerns over hygiene and safety, especially 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 maintain its dominance over the forecast period owing to the increasing penetration of the technology in water treatment plants. Drinking Water and Wastewater in Developed Economies. Based on applications, the water treatment segment held the major share in 2019.
North America led the global ultraviolet disinfection equipment market with a revenue share of more than 32% in 2020 due to increasing investments in the chemical, pharmaceutical, food and beverage and automotive in the United States and Canada. These factors are expected to play a crucial role in triggering the demand for UV disinfection equipment during the forecast period. In Europe, the development of the automobile market, favorable industrial policies, economic development, increasing industrialization and urbanization are some of the major factors driving the demand for air purification products.
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The market is mainly segmented on the basis of type, application, end use, and region.
Ultraviolet Disinfection Equipment Market by Type
- UV lamps
- Low pressure
- medium pressure
- Ballasts/control units
- Quartz sleeves
- Reactor chambers
Ultraviolet Disinfection Equipment Market: By Application
- Water and wastewater treatment
- Air treatment
- Health facilities
- Residential and commercial buildings
- Agents of Bio-Terror
Ultraviolet Disinfection Equipment Market: By End Use
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