Global Ultraviolet Disinfection Equipment Market 2021: Municipal End Users Expected To Project The Largest Market Share – ResearchAndMarkets.com
[ad_1]
DUBLIN – (COMMERCIAL THREAD) – The report “Ultraviolet Disinfection Equipment Market – Growth, Trends, Impact of COVID-19 and Forecast (2021 – 2026)” has been added to ResearchAndMarkets.com offer.
The UV disinfection equipment market size is expected to register a CAGR of 11.2% during the forecast period, 2021-2026.
Highlights
-
The main driver of growth and demand for ultraviolet disinfection equipment against pre-existing water disinfection methods, such as chlorination and ozonation, is that it is an effective alternative disinfection system. non-chemical water with additional benefits including capital cost, operation cost, ease of installation, ease of maintenance and reduced contact time.
-
Ultraviolet disinfection equipment finds its applications in a variety of industries, from water purification in single-family homes to disinfecting an entire city’s water supply to treating industrial wastewater, because the treatment UV water is recognized as a safer and more cost effective solution for industrial applications. For example, water treated with UV disinfection ensures the quality and prolongs the shelf life of cosmetics, and as a result, UV sterilization has become the preferred choice of the cosmetic industry around the world.
-
In addition to the performance benefits of UV disinfection equipment, occasional maintenance of its components, including UV lamp and quartz sleeve, to be reviewed every six months, can be performed without any professional assistance. This makes it ideal for residential and municipal end users.
-
The recent outbreak of COVID-19 is expected to increase the market share of UV disinfection equipment in the medium to long term. For example, the International Ultraviolet Association (IUVA) believes that UV disinfection technologies can reduce the transmission of COVID-19, SARS-CoV-2, by acting as a multiple barrier. Research in this area is likely to drive the market growth during the forecast period.
Key market trends
Municipal end-users are expected to project the largest market share
-
Containment in drinking water, especially in developing countries, such as India and Africa, transmits diseases such as diarrhea, cholera, dysentery, typhoid and polio, and it is estimated that ‘they cause 502,000 deaths from diarrhea each year.
-
In addition, according to the WHO, around 1.8 billion people worldwide depend on sources of drinking water contaminated with fecal matter. Such extreme circumstances result in the need for ultraviolet disinfection equipment, considering the economic factor associated with developing countries and the effective solutions offered by UV disinfection systems.
-
Due to the issues of water scarcity, the rising cost of fresh water is driving the market for ultraviolet disinfection equipment, as UV systems transform wastewater at its tertiary stage into water that can be reused at low cost. secondary purposes, such as gardening. For example, the Bill & Melinda Gates Foundation spent $ 200 million over seven years to fund wastewater treatment.
-
The projects of local government agencies, such as the National Mission for the Cleanliness of the Ganges, the Chinese Government’s Five-Year Plan and the Chicago River Project, involve the installation of UV disinfection systems, thus driving the trends in the systems market. UV disinfection.
-
Industrial water requirements and required water quality standards set by authoritative local organizations, such as the Food and Drug Administration (FDA), determine the UV disinfection systems market. For example, to manufacture pharmaceuticals and drug substances, the FDA has set a standard for the quality and purity of the water to be deployed. So, companies can take advantage of UV disinfection systems to achieve the same.
Asia-Pacific to experience significant growth
-
The studied market is geographically segmented by North America, Europe, Asia-Pacific and the Rest of the world. The Asia-Pacific region is expected to be one of the fastest growing regions during the forecast period.
-
This outbreak has raised great concerns among the general public regarding the general hygiene of food and water, as regulations have been communicated by major global organizations, such as the WHO, contributing to the growing demand for equipment. of ultraviolet disinfection in the world.
-
Market demand drives China’s economic change, and sustainability drives smart water solutions, such as sponge city development, sewage treatment, and utility construction. For example, in 2019, Xylem Inc., a 1,000-dollar global water technology provider whose primary market is China, experienced double-digit growth in the country.
-
The growing population is also helping the Asia-Pacific region to be one of the biggest markets as the region faces scarcity of clean water and its expensive aids. The above-mentioned factors are driving the UV disinfection systems market.
Competitive landscape
Some of the major players dominating the market are Xylem Inc., Trojan Technologies, Calgon Carbon Corporation, Severn Trent Services, and Atlantic Ultraviolet Corporation.
-
April 2021 – Halma PLC announced the acquisition of PeriGen, Inc. to create cleaner, safer and heather solutions for customers. PeriGen, Inc. Provides Integrated Artificial Intelligence Software Solutions That Help Professional Assessment In Healthcare; this acquisition will help Halma expand the market for existing medical technologies and expand additional analytics and artificial intelligence capabilities.
-
March 2021 – Evoque Water Technologies expands its global presence to Chennai, India, due to the increasing growth of the Asia-Pacific market. This expansion will allow the company to focus on market development and growth plans, using India as a hub for the wider Asia-Pacific market. Evoque has already established a technology and engineering center in Chennai in November 2019 and will welcome 80 new employees, doubling its presence in India.
Companies mentioned
-
Xylem inc.
-
Trojan Technologies
-
Halma SA
-
Severn Trent Services
-
Evoque Water Technologies
-
Advanced UV inc.
-
Lumalier Company
-
Australian Ultra Violet Services Pty. Ltd
-
Ultraaqua
-
UVO3 Ltd
-
UV-Technik
-
Hitech Ultraviolet Pvt. Ltd.
For more information on this report, visit https://www.researchandmarkets.com/r/xl3x4c
[ad_2]
Comments are closed.