New York, May 17, 2022 /PRNewswire/ — Polaris Market Research recently published a report on “Ultraviolet Disinfection Equipment Market Share, Size, Trends, Industry Analysis Report, By Application (Water & Wastewater Treatment, Air Treatment); By Type; By End Use; By Region; By Segment Forecasts, 2021 – 2028” in its research database.
According to a recent research report published by Polaris Market Research, the global UV disinfection equipment market size and share expected CAGR of 12.5% and industry revenue is expected from $2.54 billion reach in 2020 $6.34 billion by 2028.
What is Ultraviolet (UV) disinfection equipment? What is the market share of UV disinfection equipment?
Ultraviolet disinfection equipment refers to the technology that uses ultraviolet rays to effectively kill or disinfect microorganisms. UV disinfection is a proven technology that can be used to destroy harmful biological tissues such as bacteria, viruses and other microorganisms commonly found in water, food, air, beverage and wastewater treatment. One of the main advantages of UV disinfection equipment is its ability to purify water faster than chlorine. The technology does not require bulky retention tanks and harmful chemicals, and is cost-effective.
Compared to other methods, UV disinfection of equipment is considered a safer option. It is commonly used by multiple industries to purify drinking water for individual households and to sanitize water supplies throughout townships for industrial wastewater treatment. Several other features of UV disinfection equipment make it an effective option, including easy maintenance, low construction costs, small installation space, and environmental friendliness.
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What does the report include?
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Global UV disinfection equipment market size and share analysis
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Top companies operating in the market
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R&D activities
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Segment by application, type and geography
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A comparative study of domestic and foreign prices of products and services and related price fluctuations
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Market drivers and barriers
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UV Disinfection Equipment Submarket Value and Volume in Key Regions
The top companies operating in the UV Disinfection Equipment Market are:
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Halma PLC
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Xylem
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Atlantic Ultraviolet Corporation
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Trojan Horse Technology
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Evoqua Water Technology LLC
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Kuraray Co., Ltd.
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American UV
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Atlas Technology Co., Ltd.
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Advanced Ultraviolet Corporation
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Lumalier Company
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Senex
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good music co., ltd.
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Siemens Water Technologies
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ITT Wedeco
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Ultraviolet Disinfection Equipment Market: Report Scope
report properties |
detail |
2028 Market Outlook |
$6.33 billion |
Market Size 2020 Value |
$2.54 billion |
Expected compound annual growth rate |
12.5% from 2021 to 2028 |
base year |
2020 |
forecast year |
2021-2028 |
top market players |
Halma PLC, Xylem Inc., Atlantic Ultraviolet Corporation, Trojan Technologies, Evoqua 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. |
Market segments covered |
By Type, By Application, By End Use, By Region |
custom options |
Customized purchasing options are available to meet any research need. Explore custom purchase options |
Ultraviolet Disinfection Equipment Market: Driving Factors
Growing demand for ultraviolet (UV) disinfection equipment in healthcare institutions is expected to drive market growth. Rising consumer and government awareness of health risks associated with traditional chemical disinfectants is further propelling the market growth. Furthermore, rising COVID-19 cases and increasing investments in R&D activities are expected to accelerate the demand for UV disinfection equipment during the forecast period. Compared to chlorine-based disinfectants, UV disinfection equipment takes less time to purify the water tank, thereby increasing the demand for UV disinfection equipment.
Moreover, its features such as fast action, easy installation, low maintenance cost, and low operating cost are expected to drive the market growth. Another factor expected to drive the growth of the UV disinfection equipment market includes increasing demand for clean and safe drinking water owing to rapid population growth and scarcity of freshwater resources. Increasing healthcare and chemical industry development is likely to further create growth opportunities for the UV disinfection equipment market.
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Ultraviolet Disinfection Equipment Market: Report Segmentation
On the basis of type, the UV lamps market share will be the largest in 2020 owing to increasing demand in the wastewater and water treatment plants market. The key drivers driving the market demand include the increasing adoption of suitable disinfectant technologies and increasing focus on hygiene and safety, especially in the food, beverage and healthcare industries. In addition, the widespread adoption of UVC LEDs in UV disinfection equipment is also contributing to the growth of the market.
Based on the end-use segment, the municipal segment leads the market and is expected to continue to dominate the market during the forecast period. Major contributors include increasing technological penetration of drinking water and wastewater treatment plants in developed countries. Some municipal companies are turning to UV disinfection treatment equipment instead of traditional techniques because they are cost-effective, safe and environmentally friendly.
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Geographical Profile: Ultraviolet Disinfection Equipment Market
According to geography, Asia-Pacific It is expected to hold the largest market share in the global UV disinfection equipment market for the foreseeable period. These factors supporting the growth of the market in this region include well-developed healthcare infrastructure, emergence of epidemics, and high usage of water treatment. In addition, U.S. investment in the chemical, pharmaceutical, food and beverage and automotive industries continues to increase, Canada The demand for UV disinfection equipment is expected to further accelerate over the forecast period. also, North America Due to the need for proper disinfection during the pandemic, it is expected to bring significant revenue in the market.
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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
Ultraviolet Disinfection Equipment Market: By Application
Ultraviolet Disinfection Equipment Market: By End Use
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Municipal
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Residential
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commercial
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industrial
Frequently Asked Questions (FAQ):
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How big is the current global UV disinfection equipment market?
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Who are the winners in the global UV disinfection equipment market?
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What segments does the market cover?
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Who are the key players?
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What are the application areas?
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What is the growth scope of the UV disinfection equipment market?
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What are the growth factors of the UV disinfection equipment market?
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