Press release
UV Disinfection Market Set to Witness Explosive 17.4% Growth by 2029 | UVO3 Ltd, Xylem, Inc., Hoenle AG, Trojan Technologies
Exactitude Consultancy Market Research analyses that the UV Disinfection Market will witness a CAGR of 17.4% for the forecast period of 2023-2029 and is likely USD 3.07 Billion In 2022 to reach at USD 13.01 Billion By 2029.Research report on the UV Disinfection market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the UV Disinfection market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.
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UV Disinfection Market Dynamics
Drivers
Frequently Using UV Disinfection to Clean Up Medical Facilities and Hospitals
Nearly 100,000 fatalities in the United States occur each year as a result of healthcare-acquired infections (HAIs), and the expense of treating them runs into the billions. As a result, healthcare organizations and hospital administrators are starting to realize how useful and affordable it is to employ UV light to disinfect hospitals with wall-mounted units or portable UVC disinfection systems. Additionally, since they roam from room to room disinfecting patients, UVC robots are becoming more and more common in hospitals. Devices installed on the wall in bathrooms can be set to turn on when the door closes.
Water disinfection chores can be performed using a variety of UV sterilisation techniques, which have several advantages over other sterilisation techniques like chlorination. Numerous microorganisms, including viruses, bacteria, protozoa, and even some harmful diseases that chlorine cannot kill, have been found to be killed by UV radiation. Systems for treating water with UV disinfection get rid of protozoa that are resistant to chlorine, like Giardia and Cryptosporidium. Additionally, it has been demonstrated that UV germicidal disinfection removes these parasites from water sources and stops the spread of diseases.
Restraints
Affordable Prices for Traditional Disinfectants might Pose as Threat
The most typical technique for disinfecting wastewater in the past was chlorine gas. Despite being a chemical that is extremely harmful, chlorine gas is surprisingly cheap. Another common method for sanitising a well is shock chlorination. Commonly, the distribution piping and the water well are treated using a sodium hypochlorite solution, or powerful chlorine bleach. It enhanced hydrogen peroxide-based liquid surface disinfectants, and a product that combines peracetic acid and hydrogen peroxide is a great substitute for the disinfectants that are currently most often used. These items are more affordable than UV systems.
Prominent Key players of the UV Disinfection Market survey report:
Historical data available in the report elaborates on the development of the UV Disinfection on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Rossari Biotech Ltd., Business Wire, Advanced UV, Inc., American Ultraviolet, Inc., Halma plc, Lumalier Corporation, UVO3 Ltd, Xylem, Inc., Hoenle AG, Kuraray Co., Ltd, Trojan Technologies.
Recent Developments
In March 2023, Xylem Inc. announced the launch of its new UV disinfection system for drinking water treatment. The system uses UV light to kill harmful bacteria and viruses in water, making it safe to drink.
In February 2023, Trojan Technologies announced the acquisition of Atlantic Ultraviolet Corporation. This acquisition will allow Trojan Technologies to expand its product portfolio and reach new markets.
In January 2023, Halma Group announced the launch of its new UV disinfection system for air purification. The system uses UV light to kill harmful bacteria and viruses in the air, making it safer to breathe.
UV Disinfection Market Segmentation:
UV Disinfection Market By Component Type, 2023-2029, (USD Billion), (Thousand Units)
UV Lamps
Ballats/Controller Units
Quartz Sleeves
Reactor Chambers
Others
UV Disinfection Market By Application, 2023-2029, (USD Billion), (Thousand Units)
Water & Wastewater Treatment
Air Treatment
Surface Disinfection
UV Disinfection Market By End-Use Industry, 2023-2029, (USD Billion), (Thousand Units)
Municipal
Residential
Commercial
Industrial
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Read Full Report with TOC:
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Key Features of the UV Disinfection Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global UV Disinfection industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the UV Disinfection industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global UV Disinfection Market Research Report 2023-2029
1 UV Disinfection Market Overview
1.1 Product Overview and Scope of UV Disinfection
1.2 UV Disinfection Segment by Type (Product Category)
1.3 Global UV Disinfection market Segment by Application
1.4 Global UV Disinfection Market by Region (2023-2029)
1.4.1 Global UV Disinfection Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of UV Disinfection (2023-2029)
1.5.1 Global UV Disinfection Revenue Status and Outlook (2023-2029)
1.5.2 Global UV Disinfection Capacity, Production Status and Outlook (2023-2029)
…
Why Choose UV Disinfection Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
Thank you for your interest in the UV Disinfection Market research publications; you can also get individual chapters or regional/country report versions such as Germany, France, China, Latin America, GCC, North America, Europe or Asia.
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
Contact us
for your special interest research needs at sales@exactitudeconsultancy.com and we will get in touch with you within 24hrs and help you find the market research report you need.
Contact: Irfan Tamboli
Phone Number: +91-7507-07-8687
Website: https://exactitudeconsultancy.com/
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