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UV Disinfection Equipment Market: Study Navigating the Future Growth Outlook
According to our latest market study on "UV Disinfection Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Power Rating, Application, End User, and Geography" the market is expected to grow from US$ 4.5 billion in 2021 to US$ 9.5 billion by 2028; it is expected to grow at a CAGR of 12.0% from 2022 to 2028. Demand for UV-based Disinfectants Boost UV Disinfection Equipment MarketGet a Sample PDF https://www.theinsightpartners.com/sample/TIPRE00015724/?utm_source=OpenPR&utm_medium=10593
Key Companies:
• Xylem Inc
• Trojan Technologies
• Halma Group
• Kuraray Co., Ltd
• Atlantic Ultraviolet Corporation
• Evoqua Water Technologies LLC
• Advanced UV, Inc.
• American Ultraviolet
• Atlantium Technologies Ltd.
• Hoenle AG
The demand for UV disinfection is gaining momentum across the globe. The adoption rate of UV-based disinfectants is growing among residential, commercial, and municipal end users. UV radiation reduces germs and enhances storage conditions while ensuring proper hygiene. The bacterial levels in surfaces, water, or air can be disinfected using UV disinfection equipment. The use of intensive UV light quickly and effectively decreases germs in contaminated surroundings.
UV disinfection equipment destroys bacteria, molds, yeasts, and viruses by using UV lamps or any other disinfectant equipment, which is equipped with removing germicidal impact. As a result, the UV disinfection equipment market is experiencing demand from residential, commercial, industrial, and municipal end users. Imprints of companies such as American Ultraviolet, Hitech UV, Evoqua, and UV Technology are assisting these end users in disinfecting surfaces, water, and air and making them bacteria-free. Moreover, due to the COVID-19 pandemic, the demand for UV disinfection in hospitals and industries increased, especially in 2020 and 2021. Further, with the gradual recovery of economies which is highlighting re-opening of offices, shopping complexes, multiplex theatres, and other public places is boosting the UV disinfection technologies. This factor is projected to continue to create lucrative opportunities for UV disinfection equipment market players.
Due to the emergence of the COVID-19 pandemic, companies such as Signify are working on expanding capacity and increasing UV-C portfolio. The UV-C lighting offered by the company is an effective disinfectant that inactivates SARS-CoV-2 within few seconds. Similarly, Godrej Security Solutions is another market player investing in technologies that facilitate in disinfecting surroundings. The company developed a UV Case of 3 different sizes-15 liters, 30 liters, and 54 liters in July 2020. The developed UV case facilitates the user to place their mobile phones, newspapers, and other objects within the case to sterilize them.
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The rising demand for clean and safe drinking water owing to the growing population and scarcity of freshwater resources is increasing the need for water disinfection-based technologies. UV disinfection equipment manufacturers are making significant investments in developing the latest technologies for applications such as municipal drinking water and wastewater treatment to increase the efficiency of the equipment. Additionally, governments of different countries are introducing regulations for supporting water and wastewater treatment to help resolve water scarcity issues in emerging countries such as India and China. All these factors are driving the UV disinfection equipment market.
The global UV disinfection equipment market is segmented into component, power rating, application, and end user. Based on component, the market is segmented into UV lamps, reactor chambers, quartz sleeves, control units, and others. Based on power rating, the market is categorized into low, medium, and high. Based on application, the market is segmented into water disinfection, air disinfection, and surface disinfection. Based on end user, the market is segmented into residential, commercial, industrial, and municipal.
The application areas of UV disinfection equipment are gaining popularity across different commercial areas with an aim to reduce bacteria and germs responsible for spereading disease and making area unhygienic. For instance, the hospitality industry is looking for different types of UV-C emitting equipment for various touchpoints across the property, including portable UV disinfecting equipment for rooms, communal spaces, in-house gymnasiums, and rooms and UVGI air disinfection for HVAC systems and a baggage conveyor at the reception. The hospitality industry is also adopting a new water purification technology; therefore, the industry is switching from old commercial water purification systems to smarter commercial RO+UV water purification systems. The cost-effective RO+UV water purification system is appropriate for retail chains, restaurants and food outlets, malls & multiplexes, construction sites, and educational institutions.
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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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