Artificial Intelligence projected to boost the growth of UV Lamps Market

Lucy Kart

Artificial Intelligence projected to boost the growth of UV Lamps Market

The global UV Lamps Market is estimated to be valued at US$ 741.3 Mn in 2023 and is expected to exhibit a CAGR of 45.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

UV lamps are devices that emit ultraviolet light. They are used for various applications such as disinfection of air and water, UV curing, medical applications, and tanning. UV lamps helps in killing bacteria, viruses and other microorganisms by damaging their DNA and preventing their further replication. They are widely used for disinfecting various devices, machines, surfaces and water in hospitals, laboratories, pharmaceutical industries and food processing plants. UV lamps also help in curing paints, coatings and inks by initiating photochemical reactions. Their demand is growing across industries owing to its advantages such as high efficiency in killing microorganisms, cost effectiveness and being environment friendly.

Market key trends:

One of the key trends in the UV Lamps Market is growing adoption of UV-C disinfection across various industries. UV-C light has been proven to effectively kill SARS-CoV-2 virus and plays a vital role in disinfecting indoor spaces. It can deactivate the virus by disrupting its DNA and RNA content. UV-C disinfection is gaining significant traction across industries such as hospitality, healthcare, retail and corporate offices due to its effectiveness against coronavirus. Another major trend is increasing demand for amalgam UV lamps. Amalgam lamps use mercury vapor which provides more uniform exposure than low-pressure lamps. They exhibit long life and stable output over time. Their demand is growing owing to advantages such as being more suitable for commercial and large-scale disinfection applications.

Porter’s Analysis

Threat of new entrants: The threat of new entrants in the UV Lamps market is low owing to the presence of stringent regulations regarding UV lamp safety. Bargaining power of buyers: The bargaining power of buyers in the UV Lamps market is high due to the presence of multiple established players providing the lamps at competitive prices. Bargaining power of suppliers: The bargaining power of suppliers is moderate as there are a few raw material suppliers and key components required in UV lamps can be substituted. Threat of new substitutes: The threat of substitutes is low as UV lamps are specialized equipment used for disinfection with no close substitutes available. Competitive rivalry: Fierce competition exists between key players to gain market share.

Key Takeaways

Global UV Lamps Market Demand is expected to witness high growth, exhibiting CAGR of 45% over the forecast period, due to increasing demand for disinfection equipment across end use industries. The North America region dominates the UV Lamps market currently owing to stringent regulations regarding water disinfection.

The Asia Pacific region is expected to be the fastest growing market for UV Lamps during the forecast period. Countries like China and India offer immense growth opportunities with rising industrialization and increasing concerns regarding water treatment.

Key players operating in the UV Lamps market are Xylem Inc., Atlantic Ultraviolet Corporation, Calgon Carbon Corporation, Halma PLC, Trojan Technologies Inc., Heraeus Holding Gmbh, Xenex Disinfection Services LLC, Severn Trent PLC, OSRAM Gmbh, and Koninklijke Philips N.V. These players are focusing on new product launches and partnerships to gain a competitive advantage in the market.

Lucy Kart

UV Lamps Magic: Transforming Your Environment with Ultraviolet Light

Lucy Kart 2024-02-29

Ultraviolet (UV) lamps emit wavelengths of light that are not visible to the human eye but still have many useful applications. Used extensively in laboratories, hospitals and industrial settings, UV lamps are also becoming increasingly common in residential and commercial spaces. Different types of UV lamps are designed to emit light primarily in one of these specific wavelength ranges based on their intended application. Health and Safety Considerations When handled properly and enclosed effectively, UV lamps present minimal risks. While very useful in moderation, UV lamps must always be treated with respect for their ability to negatively impact living tissues.

3D Printing Materials Market is Estimated to Witness High Growth Owing to Opportunity for Wide Range of Applications

Purvaja 2023-12-27

Commonly used 3D printing materials include photopolymers, thermoplastics such as acrylonitrile butadiene styrene (ABS) and polycarbonate (PC), thermoplastic elastomers, metals, and composite materials. The growing need for prototypes and customized designs across industries has propelled the demand for 3D printing materials. The global 3D Printing Materials Market is estimated to be valued at US$ 741. The ability of 3D printing materials to facilitate product customization as per customer requirements presents significant growth prospects. This is encouraging different industries to leverage 3D printing for both prototyping as well as volume manufacturing applications. The global 3D Printing Materials Market is estimated to be valued at US$ 741.

A UV Lamp Emits Ultraviolet Radiation With A Wavelength Ranging From 400 To 100 Nanometers

Pooja salve 2023-04-05

The UV light is absorbed by a coating on the inside of the lamp, which emits visible light. To obtain additional UV light in the 400 190nm region, use a hydrogen lamp or a xenon lamp. UV Lamps are very efficient at disinfecting germs, worms, mold, and fungus that create up in the air ducts with regular intervals of time. This enhances quality of indoor air and decreases breathing problems such as eruptions, coughs, and irritation in the optics. Germicidal UV lamps can be utilized in the house for cleaning and sterilizing surfaces such as toilets, kitchen areas, or countertops.

UV LED Lamps Market - Projections, Industry Trends & Statistics data with Forecast 2023

Jason Cook 2018-03-23

The global UV LED Lamps Market report for the forecast period of 2018 – 2023 is a key insight into the UV LED Lamps Market across various parameters.

The solid research on the UV LED Lamps Market is prepared with the aim to meet the requirements of the customer in terms of the availability of data, analytics, statistics, and an accurate forecast of the UV LED Lamps Market.The research has been conducted keeping a base year as reference to identity the UV LED Lamps Market trends and hence accurately project the forecast of the UV LED Lamps Market.Ask for Sample Copy of Report @ http://orbisresearch.com/contacts/request-sample/2109856Key questions answered by this report include:Worldwide and Regional Market Size of UV LED Lamps 2013-2017, and development forecast 2018-2023Main manufacturers/suppliers of UV LED Lamps worldwide, with company and product introduction, position in the UV LED Lamps marketMarket status and development trend of UV LED Lamps by types and applicationsCost and profit status of UV LED Lamps, and marketing statusMarket growth drivers and challengesThe global UV LED Lamps Market report covers the overview of the market which provides the customer detailed information about the UV LED Lamps Market such as the different types of products, the applications of the products and their performance in the market.

This can help the customer relate to the market and gain requisite insights into the UV LED Lamps Market for better understanding and planning.The report further covers the various drivers, challenges, and trends in the global market as well as in the regional markets.

It is necessary to understand all the drivers and restraints one might face in the market to plan the growth campaign effectively and realize substantial benefits.

Furthermore, the region which is recording the fastest growth rate is also covered.The regions covered in the UV LED Lamps Market report include:North AmericaEuropeChinaJapanRest APACLatin AmericaBy types, the UV LED Lamps Market is segmented into the following:UVAUVBUVCBy Applications, the UV LED Lamps Market is segmented into the following:UV CuringMedical PhototherapySterilizationOthersMake an Enquiry @ http://orbisresearch.com/contacts/enquiry-before-buying/2109856The type with the fastest growth rate for the forecast period and the type holding the highest market share are mentioned in the report along with a detailed analysis of each type in the global UV LED Lamps Market report.

With the intense competition present in the UV LED Lamps Market, the customer should be well informed of the competition and what is to be faced ahead.Some of the key players covered in the UV LED Lamps Market report include:PhilipsLGHonle GroupNordson CorporationSemiLEDs CorporationHalma PlcHeraeus Holding GmbHCrystal IS Inc.Seoul ViosysNichia CorporationApart from this, the report also covers the rest of the UV LED Lamps Market analysis such as market analysis, downstream customers, consumption, sales, price, and gross margin.

Fastest Growing Segment Fueling The Growth Of UV Coatings Market

Sneha 2023-12-11

The global UV Coatings Market is estimated to be valued at US$5131. 4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Developments in LED UV curing technology has further propelled the use of UV coatings in digital printing by enabling instant curing and reducing energy consumption. Segment Analysis:The global UV coatings market is segmented by resin type, technology, and end use industry. Regional analysisNorth America held the highest share of the global UV coatings market in 2023 and is expected to maintain its leading position during the forecast period.

Dental Polymerization Lamps Market is Estimated to Witness High Growth Owing to Increased Use of Digital Light Processing Technology

Mia Yates 2023-12-19

The global Dental Polymerization Lamps Market is estimated to be valued at US$ 280. With ongoing R&D towards miniaturizing DLP technology further for dental applications, DLP polymerization lamps are expected to gain increased popularity. Threat of new substitutes: Low as dental polymerization lamps have no close substitute and occupy critical role in dental procedures. Key Takeaways The Global Dental Polymerization Lamps Market Size is expected to witness high growth during the forecast period due to rising incidences of dental caries, gingivitis, and periodontal diseases worldwide. Key players: Key players operating in the dental polymerization lamps market are 3M, Invoclar Vivadent, Ultradent Products Inc.

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