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[ 176 + Pages Research Report ]Impact of COVID-19 on Ultraviolet Disinfection Equipment Market to surpass USD 20.3 billion by 2031 from USD 5.1 billion in 2021 at a CAGR of 14.9% in the coming years, i.e., 2021-2031.
Product Overview
Ultraviolet disinfection equipment means the devices that use ultraviolet light to destroy bacteria, viruses, and other harmful microorganisms. Ultraviolet disinfection is a proven and secure technology used to disinfectant the harmful living organisms generally found in water, food, air, beverages, and wastewater. A major advantage of UV disinfection is that the process is chemical-free and relatively faster than chlorine. UV disinfection is generally used in air purification, water purification, and many other disinfection and sterilization applications.
Market Highlights
The global Ultraviolet Disinfection Equipment market is expected to project a notable CAGR of 14.9% in 2031.
Ultraviolet Disinfection Equipment is universally used in industries like hotels, hospitals, labs, pharmacies, and others where the chances of such harmful living organisms are very high. The global market for ultraviolet disinfectants is expected to witness a steady rise due to the increasing demand for infectious disease control in hospitals and clinics. The demand is also driven by an increase in awareness about the benefits of UV disinfection.
Global Ultraviolet Disinfection Equipment: Segments
UV Lamps segment to grow with the highest CAGR during 2021-31
Based on Component, the global Ultraviolet Disinfection Equipment Market is fragmented into UV Lamp, Controller Unit, Quartz Sleeve, Reactor Chamber, Others. The UV lamps segment is expected to witness a steady rise due to the increasing demand for UVC LEDs in UV disinfection equipment. The prices of UV disinfection equipment have decreased due to the advanced lamp and device designs, which have surged competition among manufacturers. The major factor contributing to the growth of this segment is the growing popularity of cost-effective and secure disinfectant technologies and rising awareness about hygiene and the necessity to stay healthy.
A municipal segment to grow with the highest CAGR during 2021-2031
The global Ultraviolet Disinfection Equipment market is classified based on End Users into Residential, Commercial, Industrial, and Municipal. The Municipal segment is expected to witness a steady rise during the forecast period, due to the problems associated with water scarcity, using UV system wastewater to turn into water that can be reused for secondary purposes, such as gardening. Furthermore, the increasing regulations for clean and safe water and growing activities about the recycling of wastewater across the globe are likely to drive the growth of the market during the forecast period. In areas with dense populations to fulfill the demand for drinking water municipal corporations are moving toward UV-treated water.
Market Dynamics
Drivers
Rising demand for ultra-pure water
The containments in drinking water transmit diseases such as diarrhea, cholera, dysentery, typhoid, and polio. The rising prevalence of water-borne diseases especially in developing countries increases the demand for extremely pure water, and the growing adoption of UV disinfection equipment for water and wastewater treatment globally is expected to create a huge demand for ultraviolet disinfection equipment.
Growing awareness about health risks of conventional chemical-based disinfectants
UV disinfection equipment takes very little time as compared to chlorine-based disinfectants. Factors such as UV disinfection equipment are extremely cost-efficient, easy to install, and has very low maintenance expected to continue pushing sales in the forthcoming years. COVID-19 pandemic outbreak rises the demand for surface disinfection and air treatment, which is expected to drive the market for UV disinfection equipment shortly.
Restraint
Low cost of conventional disinfectants as compared to UV disinfection systems
Chlorine has been commonly used to treat wastewater disinfection. Even when chlorine has been criticized due to its harmful effects on health and the environment. In developing countries, chlorine is still being used due to its low cost.
Global Ultraviolet Disinfection Equipment Market: Key Players
Xylem
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Trojan Technologies
Halma PLC
Calgon Carbon Corporation
Atlantic Ultraviolet Corporation
Evoqua Water Technologies LLC
Advanced UV, Inc.
American Ultraviolet
Atlantium Technologies LTD.
Dr. Honle AG
Lumalier Corporation
Xenex
ENAQUA
Severn Trent Plc
Hitech Ultraviolet Pvt. Ltd.
Other Prominent Players
Global Healthcare Virtual Assistants: Regions
The global Ultraviolet Disinfection Equipment market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Asia-Pacific is expected to dominate the market during the forecast period. The rising demand for Ultraviolet Disinfection Equipment in the region can be greatly attributed to reasons such as increasing population and industrial growth with stringent environmental norms, resultantly fueling the growth of the APAC Ultraviolet Disinfection Equipment market.
Impact of Covid-19 on Ultraviolet Disinfection Equipment Market
COVID-19 has had a positive impact on the Ultraviolet Disinfection Equipment market, due to the ongoing pandemic, the whole world has shifted towards a healthier and safer lifestyle. Many products are launched in the market which is having U.V. disinfectants that can disable living microorganisms in air, water, or surfaces and prevent disease spread.
Global Ultraviolet Disinfection Equipment is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - the United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
the Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR - North Africa, Israel, GCC, South Africa and Rest of MENA
Global Ultraviolet Disinfection Equipment report also contains analysis on:
Ultraviolet Disinfection Equipment Segments:
By Component
UV Lamp
Controller Unit
Quartz Sleeve
Reactor Chamber
Others
By Application
Water Treatment
Wastewater Treatment
Air Treatment
Food & Beverage Disinfection
Surface Disinfection
By End-user
Residential
Commercial
Industrial
Municipal
Ultraviolet Disinfection Equipment Dynamics
Ultraviolet Disinfection Equipment Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Ultraviolet Disinfection Equipment Market Report Scope and Segmentation
Report Attribute Details
The market size value in 2021 USD 5.1 billion
The revenue forecast in 2031 USD 20.3 billion
Growth Rate CAGR of 14.9% from 2021 to 2031
The base year for estimation 2020
Quantitative units
Revenue in USD million and CAGR from 2021 to 2030
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Component, Application, End-user and Region
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled Trojan Technologies, Halma PLC, Advanced UV, Inc., American Ultraviolet, Atlantium Technologies LTD., Dr. Honle AG, Lumalier Corporation, Xenex, ENAQUA, Severn Trent Plc, Hitech Ultraviolet Pvt. Ltd and Other Prominent Players.