UV Disinfection Equipment Market: Advanced Technologies & Growth Opportunities in Industry By 2027

Allied Market Research published a new report, titled, UV disinfection equipment Market was valued at $1.3 billion in 2019 and is projected to reach $5.7 billion by 2027, growing at a CAGR of 17.1% from 2020 to 2027.

Cost efficiency compared to other disinfection methods, increase in concerns regarding safe drinking water, the emergence of UV LED to save energy, and new government initiatives augment the growth of the global UV disinfection equipment market. On contrary, low cost of conventional disinfectant and lack of residual ability of UV LED restrain the growth to certain extent. However, millennium development goals of the UN and need for air treatment on healthcare and chemical industries are anticipated to usher a number of opportunities in the near future.

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The increasing concern to provide safe drinking water in emerging nations is a driver for the market. Since UV is considered the safest water treatment option, it is expected that it would be used by emerging nations like India and China for water treatment. Moreover, UV disinfection is an environmentally friendly treatment method compared to chlorine, which leaves behind chemical by-products in water, and is also cost effective than disinfection methods such as ozonation and ultrasonic treatment. These factors are expected to increase the demand for UV disinfection equipment and eventually drive the growth of the market. In addition, in 2020 due to COVID-19 pandemic outbreak the demand for UV disinfection equipment has been surged for surface disinfection application to stop the transmission of corona virus by avoiding the manual clean practices. This factor is anticipated to drive the growth of the UV disinfection equipment market.

The research offers a detailed segmentation of the global UV disinfection equipment market. Key segments analyzed in the research include Component, Marketing Channel, Application, End-User Industry and geography. Extensive analysis of sales, revenue, growth rate, and market share of each segment, and geography for the historic period and the forecast period is offered with the help of tables.

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By application, the UV disinfection equipment market size 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

Based on region, the global UV disinfection equipment market across North America dominated in 2018, contributing to more than one-third of the market. However, the market across Asia-Pacific region is expected to register the fastest CAGR of 15.6% during the study period. The report also analyzes regions including Europe and LAMEA.

The market player positioning segment provides an understanding of the current position of the market players active in the UV disinfection equipment industry.

The research offers an extensive analysis of key players active in the global UV disinfection equipment industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research. Leading market players analyzed in the report include Australian Ultra Violet Services Pty. Ltd., American Ultraviolet, Xenex, Atlantic Ultraviolet Corporation, Halma Plc, Xylem Inc, Danaher Corporation, Kuraray Co. Ltd., Severn Trent Plc, and Koninklijke Philips N.V. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

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COVID-19 Scenario:
• The global UV disinfectant equipment companies are dealing with the instantaneous impact of COVID-19, as both their manufacturing and supply chain maneuvers have been disrupted.
• Disruptions in the supplier network have led to a decrease in the demand, thereby affecting further projects and plans.
• However, with added focus on economic benefits, certain regions have imposed relaxations on the restrictions.

Key offerings of the report:
• Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
• Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
• Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
• Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
• Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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