Summary - A new market study, titled “Global Ultraviolet (UV) Disinfection Equipment Market Size study, by Component (UV Lamp, Controller Unit, Quartz Sleeve, Reactor Chamber, Others), by Application (Water Treatment, Wastewater Treatment, Air Treatment, Food & Beverage Disinfection, Surface Disinfection), by Marketing Channel (Direct Marketing, Indirect Marketing), by End-Use (Residential, Commercial, Industrial) and Regional Forecasts 2020-2027” has been featured on WiseGuyReports.
Global Ultraviolet (UV) Disinfection Equipment Market is valued at approximately USD 1.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17% over the forecast period 2020-2027. Ultraviolet (UV) disinfection equipment can be used for multiple purposes in water treatment, although it is mainly employed as a decontamination process that inactivates the waterborne pathogens without using any chemical. In this process, water is pouring through a stainless chamber to sterilizes water from potent bacteria with the help of UV-lamp. The ultraviolet (UV) disinfection equipment is also used for other industrial applications, including centralized drinking water, swimming pools, food and beverage, biopharmaceutical, cosmetics, and many more. Such an application mainly utilizes UV disinfection equipment for the removal of organic and inorganic chemicals, such as chlorine, ozone, chloramines, and Total Organic Carbon (TOC). Therefore, the demand for Ultraviolet (UV) Disinfection Equipment is significantly rising all over the world. Furthermore, the rising demand for safe drinking water and air treatment worldwide, increasing investments to prevent water contamination, and along with the rising demand for UV disinfection equipment due to the risk of infectious disease are the few factors responsible for the CAGR of the market during the forecast period. For Instance: As per the University of Victoria, in 2018, the university granted over USD 355,000 for two projects to tackle the challenges of contamination of water. These funds are allocated to Heather Buckley’s Lab and the Department of Civil Engineering to carry out cutting-edge research to tackle the problem of water contamination. Such initiative is expected to strengthen the demand for Ultraviolet (UV) Disinfection Equipment, globally. Although, the ongoing COVID-19 pandemic around the world and subsequent protocols that have been developed to address public health and safety have led to a rise in demand for disinfectant chemicals, thereby, it enhances utilization for ultraviolet disinfection equipment all over the world. However, the involvement of high capital cost and lack of residual ability of the equipment are the few factors impeding the market growth over the forecast period of 2020-2027.
The regional analysis of the global Ultraviolet (UV) Disinfection Equipment market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of UV disinfection equipment, along with the presence of a significant number of manufacturers in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to growing demand for safe drinking water and surging utility for UV disinfection equipment in surface disinfection in the countries, such as China and India.
Major market player included in this report are:
American Ultraviolet, Inc.
Atlantic Ultraviolet Corporation
Australian Ultra Violet Services Pty Ltd.
Danaher Corporation
Halma plc
Koninklijke Philips N.V.
Kuraray Co., Ltd.
Severn Trent plc
Steris plc
Xenex
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
UV Lamp
Controller Unit
Quartz Sleeve
Reactor Chamber
Others
By Application:
Water Treatment
Wastewater Treatment
Air Treatment
Food & Beverage Disinfection
Surface Disinfection
By Marketing Channel:
Direct Marketing
Indirect Marketing
By End-Use:
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Ultraviolet (UV) Disinfection Equipment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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