Global Ultraviolet (UV) Disinfection Equipment Market report delivers future development strategies, key companies, Possibility of competition, major challenges analysis. The reports elaborate the expansion rate of the Ultraviolet (UV) Disinfection Equipment market supported the highest company profile analysis. This report providing an in-depth analysis, market size, and evaluation for the developing segment among the industry. Ultraviolet (UV) Disinfection Equipment Market report will help you take expert decisions, recognize opportunities, plan effective professional tactics, plan new schemes, analyse drivers and restraints and give you a vision on the Ultraviolet (UV) Disinfection Equipment Market forecast.
The Ultraviolet (UV) Disinfection Equipment Market report discusses the
primary industry growth drivers and challenges that the vendors and the market
as a whole face and provides an overview of the key trends emerging in the
market. It also talks about the market size of different segments and their
growth aspects along with key leading countries in Americas, Asia-Pacific,
Europe, the Middle East, and Africa regions.
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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.
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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