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UV Germicidal Lamp Market 2021 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027
The UV Germicidal Lamp Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global UV Germicidal Lamp Market Size is Projected to Reach at a CAGR of 39% during 2021-2027.
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Market Overview:
The global germicidal lamp market is experiencing a new lease of life after the outbreak of the COVID-19 pandemic with demand outpacing supply. The potential addressable market for germicidal lamps is growing as new end-users, which earlier did not utilize UV systems, have started to enquire about the same. With COVID-19 infections reaching over 10 million since the outbreak of the disease in December 2019, the spotlight on UV-C lamps has increased. UV-C based products are being explored as sanitisers. Although the residential sector is witnessing high traction, the lamp equipment utilization in new UV systems is growing. UV system manufacturers are designing systems, which are more portable than standalone. Hospital, hospitality, and transportation sectors are expected to fuel market growth in the medium term. While a large part of the historical demand was based on the availability of systems, disposable incomes of consumers, and commercial and industrial growth, the outbreak of COVID-19 has prioritized safety in both residential and non-residential sectors.
Top Leading Companies:
Osram, Cnlight, Signify (Philips Lighting), UV Light & Electricity, GMY Lighting and Electrical Co.,Ltd, Kingrate, Halma, Creator, Haining Yaguang Lighting Electrical Co., Ltd
Recent Development:
OSRAM has acquired 11 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset. OSRAM has been acquired in 5 different US states, and 5 countries. The Company’s most targeted sectors include electrical equipment (73%) and automotive (10%). OSRAM (Munich) belongs to the Industry Sector of Siemens and is one of the two leading light manufacturers in the world.
Halma has acquired 53 companies, including 9 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 5 assets. Halma’s largest acquisition to date was in 2016 when it acquired CenTrak for $140M. Its largest disclosed sale occurred in 2012 when it sold Tritech International to Moog for $32M. Halma has been acquired in 14 different US states, and 14 countries. The Company’s most targeted sectors include technology hardware (23%) and safety/security (21%). Halma is a UK-based group of technology companies that makes products for hazard detection and life protection. Halma was founded in 1894 and is based in Amersham.
Signify (Euronext: LIGHT) the world leader in lighting, has completed the acquisition of Cooper Lighting Solutions from Eaton. The transaction strengthens Signify’s market position and better positions the company to capture growth in the North American lighting market. Signify acquired Cooper Lighting for USD 1.4 billion on a cash and debt-free basis. Cooper Lighting, based in Peachtree City, GA, United States, generated[1] EUR 1,477 million of sales, Adjusted EBITA of EUR 150 million and EBITA of EUR 165 million in 2019.
UV Germicidal Lamp Market Segmentation by Type:
Straight Tube
H-shape Tube
UV Germicidal Lamp Market Segmentation by Application:
Water Treatment
Medical and Health Care
Surface Sterilization
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Regional UV Germicidal Lamp Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the UV Germicidal Lamp Market Report:
Detailed overview of UV Germicidal Lamp Market
Changing the UV Germicidal Lamp market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected UV Germicidal Lamp market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of UV Germicidal Lamp Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the UV Germicidal Lamp Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. UV Germicidal Lamp industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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