Market Research Future published a research report on “UV Disinfection Equipment Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Overview:
The global UV disinfection equipment market is estimated to reach USD 8.40 billion by 2026, registering a CAGR of 12.4% during the forecast period of 2020–2026.
Ultraviolet disinfection uses short-wavelength ultraviolet light to disinfect water by killing bacteria through the destruction of nucleic acids and DNA disruption. The process disables microorganisms and thus cannot perform vital cellular functions. Ultraviolet disinfection equipment uses LEDs, lamps or bulbs in close contact with water to disinfect it.The COVID-19 pandemic has impacted the UV Disinfection Equipment Market, resulting in increased shipments of UV disinfection equipment and related components and the revenues generated from them. This is expected to grow in the coming years as the demand is expected to increase due to rising concerns for surface disinfection.One of the major factors influencing the growth of the global market includes extensive use of UV disinfection equipment for disinfecting hospitals and medical facilities.
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Key Players
Some of the prominent players in the UV disinfection equipment market Hitech Ultraviolet Pvt. Ltd. (India), Hoenle AG (Germany), Integrated Aqua Systems, Inc. (US), Koninklijke Philips N.V. (Netherlands), Kuraray Co., Ltd (Japan), LIT UV Elektro GmbH (Germany), Lumalier Corporation (US), Nectar Solutions (India), S.I.T.A. Srl (Italy), Seoul Viosys Co., Ltd. (South Korea), Advanced UV, Inc. (US), Alfaa UV (India), American Ultraviolet (US), Aquanetto Group GmbH (Switzerland), Aquatic Solutions (India), Severn Trent PLC (UK), Steris Corporation (US), SUEZ Water Technologies & Solutions (France), Typhon Treatment Systems Ltd. (UK), Ultraaqua (Denmark), Atlantic Ultraviolet Corporation (US), Atlantium Technologies Ltd. (Israel), Australian Ultra Violet Services Pty. Ltd. (Australia), Danaher Corporation (US), Evoqua Water Technologies LLC (US), Halma PLC (UK), UV Pure Technologies (Canada), UVO3 Ltd. (UK), Xenex (US), and Xylem Inc. (US).
Global UV Disinfection Equipment Market – Segmentations
According to Market Research Future, the global UV disinfection Equipment Market has been segmented based on component, deployment, application, end user, and region.
Increasing disinfecting practices owing to the ongoing COVID-19 pandemic across the globe have boosted the demand for UV-C light-based surface disinfection systems. Additionally, rising concerns to provide safe drinking water are also fueling the growth of the global market. However, factors, such as the low cost of conventional disinfectants compared to UV lights, areexpected to hamper the growth of the UV disinfection Equipment Market.
By component, the global UV disinfection Equipment Market has been segmented into UV lamps, reactor chambers, quartz sleeves, controller units, and others. The UV lamps segment is further segmented into Mercury UV lamps and UV-C LEDs. Among these components, the UV lamps segment is expected to witness the fastest growth over the forecast period. UV lamps offer longer life expectancy and superior power consumption, which has propelled their adoption over the forecast period.
By deployment, the global UV disinfection Equipment Market has been segmented into portable, wall mounted, and others. Mobile UV disinfection devices are gaining more popularity during the forecast period as these devices can be moved to treat the disinfected area. These devices can be used in healthcare facilities as well as other commercial buildings.
By application, the global UV disinfection Equipment Market has been segmented into water and wastewater disinfection, process water disinfection, air disinfection, surface disinfection, food & beverage disinfection, and others. Among these, the water and wastewater disinfection segment is expected to witness the fastest growth due to the increasing installations of UV disinfection equipment in residential, commercial, and industrial segments for disinfecting water and making it suitable for drinking and other purposes.
By end user, the global UV disinfection Equipment Market has been segmented into residential, commercial, industrial, and others. Among these, the commercial segment is expected to dominate the global market during the study period. Rising concerns about recycling wastewater and increasing regulations for clean and safe water across the globe during the forecast period.
Global UV Disinfection Equipment Market – Regional Analysis
By region, the UV disinfection Equipment Market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific has dominated the global market in 2019 and is expected to maintain its dominance throughout the forecast period. Extensive use of UV disinfection equipment in healthcare facilities for disinfecting the hospital environment is expected to propel the growth of UV disinfection equipment systems in thisregion. On the flip side, North America is expected to witness the fastest growth over the forecast period. Increasing adoption of UV disinfection equipment for water and wastewater treatment is one of the major factors fueling the market growth.
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