22nd July 2019 – Global Ultraviolet
(UV) Disinfection Equipment Market size is expected to reach
USD 6.42 billion with a CAGR of 23.6% in the upcoming period as the scope,
product types, and its applications are increasing across the globe.
Ultraviolet (UV) irradiation is used for
multiple purposes in water treatment. It is working as a disinfection process
that inactivates waterborne pathogens without chemicals. Also, it is used for
the removal of inorganic and organic chemicals including chloramines, ozone,
chlorine, and total organic carbon (TOC). The increasing awareness among
customers regarding technology coupled with high investments by governments
globally to employ advanced water treatment technologies is expected to boost
the market growth in the forthcoming period.
UV disinfection equipment could be
explored by application as water treatment, air treatment, wastewater
treatment, surface disinfection, process water treatment, and others. The
“wastewater treatment” segment is anticipated to hold the large market share in
the next couple of years due to the rapid growth of textile, chemical and oil
& gas industries in developing countries. Additionally, the increasing
investments in wastewater treatment recycling by various public and private
bodies are expected to drive the market growth in the coming years. The “air
treatment” segment is projected to grow at a high CAGR in the upcoming period
due to growing consumer inclination towards health and safety.
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The factors that play an important role
in the growth of ultraviolet (UV) disinfection equipment market include
increasing demand, growing population, increasing urbanization &
industrialization, growing need for environmental friendly disinfection system,
increasing use of UV led in disinfection saves energy, increasing demand for
clean & safe drinking water due to rising population & declining
freshwater resources, technologically advancements and stringent government
rules & regulations. Moreover, easy installation and low environmental
impacts associated with the ultraviolet disinfection system as compared to
conventional chemical disinfection methods are major factors driving the growth
if market in the upcoming period.
However, low cost of conventional
disinfectants like chlorine, decline in the share of food & beverage, lack
of treating the residuals by UV disinfection equipment are negatively impacting
the growth of ultraviolet (UV) disinfection equipment industry. The market is
widely analyzed based on different regional factors such as gross domestic product
(GDP), demographics, acceptance, inflation rate and others. The market is
categorized based on type, component, application, end user and geography. The
market is classified into component such as UV lamps, reactor chamber, quartz
sleeve, controller unit, power supply unit, sensors, solenoid valves, wiping
systems and others.
North America is expected to hold the
highest market share in the coming years due to increasing use of the UV
disinfection technology in water & wastewater and food & beverage industry.
Asia Pacific is anticipated to be the fastest region and is expected to grow at
a high CAGR over the projected period. The rapidly growing population in India
and China coupled with declining freshwater resources due to unusual rainfalls
is expected to drive the market growth in this region.
The key players contributing to the
robust development of the ultraviolet (UV) disinfection equipment market
include Greenway Technologies, Severn Trent Plc, Xylem Inc., Atlantic
Ultraviolet Corporation, Trojan Technologies, Atlantium Technologies Ltd.,
Evoqua Water technologies, Green Water Technologies, Advanced UV, Enaqua,
Hydro-photon and Spectral Innovations Ltd. These market players are focusing on
inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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