UV Disinfection Equipment Market:
Growth opportunities in the UV disinfection equipment market look promising over the next six years. This is mainly due to the growth in the investment for the R&D activities and technological advancements to develop ultraviolet (UV) disinfection equipment with improved performance. The easy installation and decreased maintenance of these equipment is further driving the market growth.
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UV Disinfection Equipment Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The factors responsible for the growth of the global UV disinfection equipment market include the augmenting demand for clean drinking water led by the surging concerns about waterborne diseases coupled with the diminishing freshwater resources throughout the world. Also, favorable government policies concerned with wastewater treatment will further stimulate market growth. The rise in the investment for research and development activities and ongoing technological innovations for the Ultraviolet (UV) disinfection equipment's development with enhanced performance will strengthen the market share. For example, The Defence Research and Development Organisation (DRDO) launched an Ultraviolet (UV) disinfection tower named UV Blaster, used for chemical-free and fast disinfection of the high-infection prone areas or hightech surfaces such as malls, electronic equipment, and airports.
The simple installation and reduced maintenance of such equipment, along with the fuelling demand from commercial places like offices and institutions and the healthcare industry, will propel the market size throughout the globe. However, the huge cost concerned with the UV lights compared to the conventional disinfectants is likely to curb the UV disinfection equipment market share.
Component Segment Drivers
Based on the component, UV Lamps are projected to expand at a faster CAGR during the forecast period because of the accelerating penetration of UV lamps in the Ultraviolet (UV) disinfection equipment attributed to its capability to decrease the operating cost of the overall equipment. Furthermore, the boost in demand for water and wastewater treatment plants and rising consciousness towards safety & hygiene will further bolster the market growth.
Regional Drivers
Based on the regional coverage, North America is anticipated to witness a faster CAGR over the forecast period. This is owing to the accelerating adoption of these disinfection equipment. Moreover, growing awareness about the impacts of chemical & biological contaminants and disinfection on health and environment further contributes to market growth. Additionally, the expansion in the number of product launches in the market and increasing technological advancements to develop Ultraviolet (UV) disinfection equipment with improved performance & efficiency adds to the market growth. For instance, Voltas developed a new line of Ultraviolet (UV) Light based surface disinfectant solutions for the public spaces and curbed the spread of coronavirus. The company collaborated with Ruks Engineering of Canada to produce and introduce RUKS CoiloTron, UV Cart, HandHeld for disinfecting surfaces.
UV Disinfection Equipment Market’s leading Manufacturers:
ATLANTIUM TECHNOLOGIES LTD.
Advanced UV, Inc.
Atlantic Ultraviolet (UV) Corporation
Halma plc
Xylem
Hönle AG
American Ultraviolet (UV)
Evoqua Water Technologies LLC
KURARAY CO., LTD.
Trojan Technologies
UV Disinfection Equipment Market Segmentation:
Segmentation by Component:
Reactor Chambers
UV Lamps
Mercury-Based UV Lamps
LED-Based UV Lamps
Controller Units
Quartz Sleeves
Others
Segmentation by Power Rating:
Low
Medium
High
Segmentation by Deployment Mode:
Wall Mounted
Mobile
Others
Segmentation by Application:
Air Disinfection
Process Water Disinfection
Water & Wastewater Disinfection
Surface Disinfection
Segmentation by End-User:
Commercial
Residential
Industrial
Municipal
Segmentation by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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