Ultraviolet Lamps Market - Empowering Future Innovation in Philips, OSRAM GmbH., GE Lighting, LIT Company, Heraeus Holding, SurePure

Ultraviolet lamps are designed to produce UV radiation with maximum efficiency. Ultraviolet lamps emit UV radiation with a wavelength range between 400 nm and 100nm. When electricity is applied to UV lamps, the mercury present in the lamp tube becomes excited, thereby emitting UV light. The purpose of ultraviolet lamps is to deactivate or disinfect the RNA and DNA of viruses, bacteria, and other pathogens, thus restraining their ability to multiply. Ultraviolet lamps possess properties such as environment-friendly attribute, prolonged survive life, low current requirement, and minimal power consumption. These lamps do not emit toxic chemicals, and hence are widely used for water treatment, air purification, and food & beverages disinfection. Owing to the smaller size, lower working costs, reduced power utilization, simple disposal, and flexibility to operate at various wavelengths, the use of ultraviolet lamps has been witnessed to increase at a significant rate.

Allied Market Research published a new report, titled, "Ultraviolet Lamps Market". The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

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The report offers key drivers that propel the growth in the global ultraviolet lamps market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

Factors such as decline in manufacturing costs, surge in adoption of UV LEDs in consumer electronics, implementation of stringent regulations toward the use of green products, and inclination toward environment-friendly products are driving the growth of the global ultraviolet lamps market. However, excessive amount of thermal heat generation from UV lamp is a restraining the market growth.

The global ultraviolet lamps market is segmented into type, application, and region. On the basis of type, the global market is bifurcated into UV LED lamp and UV mercury lamp. By application, it is classified into medical phototherapy, analytical instruments, tanning, water treatment, air purification, UV curing, surface treatment, food & beverages disinfection, biomedical applications, and others. UV curing is the major application of ultraviolet lamps, due to exponential use of UV curing in industrial and commercial applications, especially in the wood coating and printing industries. Region wise, the global uv lamps market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominates the market, owing to high demand for UV curing equipment and technology in the region.

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The key players operating in the global ultraviolet lamps market are Light Sources Inc., Alpha-Cure Ltd., eta plus electronic gmbh, Philips, OSRAM GmbH., GE Lighting, LIT Company, Heraeus Holding, SurePure, and Ushio Inc. These players have adopted various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market.

Key Benefits for Stakeholders
o The report outlines the current market trends and future scenario of the global uv lamps market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
o Porter's five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the uv lamps industry for strategy building.
o Major countries in the regions have been mapped according to their individual revenue contribution.
o The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
o The market analysis covers in-depth information of major industry participants.

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