At CAGR of 12.5%, Global UV Disinfection Equipment Market Size & Share Surge to USD 5.9 Billion By 2026: Facts & Factors
According to Facts & Factors, the global UV Disinfection Equipment market in 2019 was approximately USD 2.5 Billion. The market is expected to grow at a CAGR of 12.5% and is anticipated to reach around USD 5.9 Billion by 2026.
Ultra-violet (UV) disinfection is primarily used to kill harmful microorganisms. It is one of the most active, comprehensive, unswerving, and the safest commercially accessible disinfection technology. These properties of UV disinfection technology are the major reason behind its increasing adoption in various water and wastewater treatment applications.
The UV Disinfection Equipmentmarketis expanding basically due to its increasing use to treat water and wastewater to curb the rising threats of infective diseases. In addition, the increasing demands for durable and power-efficient LED-based UV disinfection equipment are also anticipated to propel the growth of the global UV Disinfection Equipment market. The low operational charges and no residual remains are increasing UV disinfection equipment applications in the electronics, food and beverages, chemical, and healthcare industries. Apart from this, the growing urbanization and high demand for safe drinking water in the emerging and developed regions offer new opportunities for the UV disinfection market. However, the high installation expenditure is likely to hamper the widespread implementation of the UV disinfection technique.
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Market Segment Dominance:
- Municipal is projected to hold the majority of the market share of the UV Disinfection Equipment market
The municipal category is anticipated to dominate the global UV Disinfection Equipment market during the forecast timeframe. The dominance is basically due to municipal corporations’ role in treating water and distributing it to commercial, industrial, and residential purposes. The increasing environmental safety concerns and the demand for toxic chemical disposal methods from water bodies have increased the application of UV-based water and wastewater disinfection process in municipal corporations. The increasing need for treating water present in the natural resources, wastewater from industries, and other sources are likely to help propel market growth.
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- UV lamps category is anticipated to exhibit the highest growth during the forecast period
The UV lamps category’s dominance is attributed to the low operating charges of UV disinfection equipment as a result of the increasing application of UV LED. Moreover, the high dependability of UV lamps integrated UV disinfection equipment is expected to fuel the market further.
- North America is expected to dominate the global UV Disinfection Equipment market during the forecast period
North America is projected to lead the global UV Disinfection Equipment market during the forecast period owing to the increasing application of UV disinfection equipment in this region. Additionally, the regular replacement guarantee for high efficiency and output and many of the companies focusing on R&D activities to cut down the cost of UV disinfection equipment will further supplement the market expansion.
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Some of the major players of the global UV Disinfection Equipment market include Atlantic Ultraviolet Corporation, Xylem Inc., Trojan Technologies, Halma plc.,Kuraray Co., Ltd., Evoqua Water Technologies LLC, Hoenle AG, American Ultraviolet, Advanced UV, Inc., Atlantium Technologies Ltd., and Lumalier Corporation.
This report segments the global UV Disinfection Equipment market as follows:
Global UV Disinfection Equipment Market: Component Segmentation Analysis
- UV Lamps
- Reactor Chambers
- Quartz Sleeves
- Controller Units
Global UV Disinfection Equipment Market: Power Rating Segmentation Analysis
Global UV Disinfection Equipment Market: Deployment Mode Segmentation Analysis
- Wall Mounted
Global UV Disinfection Equipment Market: ApplicationSegmentation Analysis
- Water and Wastewater Disinfection
- Process Water Disinfection
- Air Disinfection
- Surface Disinfection
Global UV Disinfection Equipment Market: End-User Segmentation Analysis
Global UV Disinfection Equipment Market: Regional Segmentation Analysis
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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