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UV Disinfection Equipment Market is Flourishing at Healthy CAGR of 17.1% to Hit $5.7 billion by 2027

08-13-2021 04:35 PM CET | Energy & Environment

Press release from: Allied Analytics LLP

UV Disinfection Equipment Market is Flourishing at Healthy CAGR

Allied Market Research published a report, titled, "UV Disinfection Equipment Market by End-Use Industry , Component, Application, and Marketing Channel: Global Opportunity Analysis and Industry Forecast, 2020–2027 ." According to the report published by Allied Market Research, the global ultraviolet disinfection equipment market garnered $1.3 billion in 2019, and is projected to reach $5.7 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.

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Growing concerns regarding safe drinking water in developing nations and rise in demand for UVC lamps for air treatment and surface disinfection during the Covid-19 pandemic augment the growth of the global ultraviolet disinfection equipment market. Conversely, higher cost associated with UV lamps as compared to conventional disinfectants impedes the market growth. Nevertheless, growing adoption of far-UVC lamps for surface disinfection ushers new opportunities for the market players in the near future.

By application, the UV disinfection equipment market is segmented into water treatment (municipal, residential, and commercial), wastewater treatment, air treatment (healthcare facilities, residential & commercial, and bio terror agents), food & beverage disinfection, and surface disinfection. The water treatment segment is expected to grow as UV light has become a widely accepted equipment to treat water being extremely efficient methodology to kill harmful microorganisms or to make their cellular functions inactive. Water treatment by UV equipment is suitable for different residential and commercial applications such as water treatment can be used in agriculture for irrigation, dairy, and livestock, and for residential and municipal drinking water and swimming pools and spas.

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Region-wise, the UV disinfection equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounts for a major UV disinfection equipment market share owing to the growing concerns associated with environmental and health impacts of disinfection, chemical and biological contaminants as by-products in wastewater and supply water, which are the key opportunities to drive this market in future. In addition, growing demand for automated UV-C light-based surface disinfection systems across the healthcare industry in the U.S. amid COVID-19 pandemic outbreak is anticipated to drive the growth of the UV disinfection equipment market across the North America.

Leading market players-
• Xylem Inc
• Halma Plc
• Kuraray Co. Ltd.
• Danaher Corporation
• Koninklijke Philips N.V.
• Severn Trent Plc
• American Ultraviolet
• Australian Ultra Violet Services Pty. Ltd.
• Atlantic Ultraviolet Corporation
• Xenex.

Get detailed COVID-19 impact analysis on the UV Disinfection Equipment Market @
https://www.alliedmarketresearch.com/request-for-customization/253?reqfor=covid

Covid-19 scenario:
• The production of ultraviolet disinfection equipment has been dropped during the Covid-19 pandemic owing to disrupted supply chain amid lockdown. In addition, the dependency on migrant workers as well have impacted the market.
• According to Fresh Aire UV, a leading manufacturer of UV disinfection equipment, the demand for UV disinfection equipment during the Covid-19 pandemic has been increased by nearly 1,000%. This is due to growing demand from commercial sectors such as hospitals, offices, and hotels & restaurants for surface disinfection and air treatment purposes.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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