Emphasis on Component (UV Lamp, Controller Unit, Quartz Sleeve, Reactor Chamber, and Others), Application (Water Treatment, Wastewater Treatment, Air Treatment, Food & Beverage Treatment, and Surface Disinfection) and End-Users (Residential, Commercial, Industrial, and Municipal) and Region/Country
UV Disinfection Equipment Market was valued at USD 65,577.6 million in 2021 & is expected to grow at a CAGR of 16.0% from 2022-2028. The global UV disinfection equipment market is projected to grow at a CAGR of 16% during the forecast period of 2021-2026. The market growth is driven by the increasing demand for safe and clean water, particularly in the healthcare and hospitality industries. The COVID-19 pandemic has further accelerated the market growth as UV disinfection equipment has been widely used to disinfect hospitals, airports, and other public spaces.
One of the major drivers of the UV disinfection equipment market is the increasing awareness among people about the benefits of using UV disinfection equipment. The equipment is easy to install, operate, and maintain, and it effectively eliminates bacteria, viruses, and other harmful microorganisms from water and air.
Another driver of the UV disinfection equipment market is the growing demand for UV-C LED technology. UV-C LED technology offers several advantages over traditional mercury lamps, such as lower energy consumption, longer lifespan, and smaller size. The market has witnessed several new developments in UV-C LED technology in recent years. For instance, in 2021, LG Innotek announced the development of a 100mW UV-C LED module, which is expected to be used in air and water purifiers.
In conclusion, the UV disinfection equipment market is expected to witness significant growth in the coming years, driven by the increasing demand for safe and clean water, growing awareness about the benefits of using UV disinfection equipment, and the development of UV-C LED technology. The active involvement of global companies in the market is also expected to contribute to market growth.
Some of the major players operating in the market include American Ultraviolet, Atlantic Ultraviolet Corporation , Australian Ultra Violet Services Pty. Ltd., Danaher. , Halma plc , Koninklijke Philips N.V, KURARAY CO., LTD., Severn Trent Water, STERIS, and Xenex Disinfection Services Inc.. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst component, the UV Lamp segment to have significant growth.”
Based on component, the market is segmented into U.V lamp, controller unit, quartz sleeve, reactor chamber, and others. The UV Lamp segment of the UV Disinfection Equipment market has a significant share of the market due to several drivers. One of the primary drivers is the increasing awareness among people about the importance of maintaining cleanliness and hygiene in various settings such as healthcare facilities, commercial spaces, and homes. Another driver for the UV Lamp segment is its effectiveness in eliminating a wide range of microorganisms, including bacteria, viruses, and fungi. Unlike chemical disinfectants, UV lamps do not leave any residue or harmful byproducts, making them a safer and more environmentally friendly option.
“Amongst end users, the industrial segment has significant growth.”
On the basis of end-users, the market is segmented into residential, commercial, industrial, and municipal. The Industrial segment of the UV Disinfection Equipment market has a significant share due to several drivers. First and foremost, industries require a high level of cleanliness and hygiene to maintain production efficiency and ensure the safety of workers. UV disinfection equipment provides a cost-effective and efficient solution for these industries to achieve high levels of sanitation. Moreover, the use of UV disinfection equipment eliminates the need for harmful chemicals, which is an important factor for industries that require eco-friendly and sustainable solutions.
“North America dominated the UV disinfection equipment market in 2022 ”
North America has a dominant share in the UV Disinfection Equipment market due to several drivers. Firstly, the increasing demand for UV disinfection equipment in various applications, such as water treatment, air purification, and surface disinfection, is driving the market growth. The growing concerns regarding waterborne diseases and the need for clean water for various industries are some of the major factors contributing to the market growth. Another driver is the stringent regulations and guidelines imposed by the government and regulatory bodies in the region. The Environmental Protection Agency (EPA) in the US has set regulations for drinking water systems, which mandate the use of disinfection systems such as UV disinfection equipment to ensure safe and clean water for consumers. This has led to the adoption of UV disinfection equipment in various industries and has contributed to the market growth. Furthermore, the increasing investments by companies in research and development activities to develop advanced and innovative UV disinfection equipment have contributed to the market growth. For instance, in 2021, Xylem, a leading water technology company, launched a new UV-C LED disinfection system that is designed to provide safe and clean water in various applications.
UV Disinfection Equipment Market Report Coverage
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1. Market Introduction
2. Research Methodology Or Assumption
3. Market Synopsis
4. Executive Summary
5. Global Uv Disinfection Equipment Market Covid-19 Impact
6. Global Uv Disinfection Equipment Market Evenue, 2020-2028f
7. Market Insights By Component
8. Market Insights By End Users
9. Market Insights By Application
10. Market Insights By Region
11. Uv Disinfection Equipment Market Dynamics
12. Uv Disinfection Equipment Market Opportunities
13. Uv Disinfection Equipment Market Trends
14. Demand And Supply-side Analysis
15. Value Chain Analysis
16. Pricing Analysis
17. Strategic Insights
18. Competitive Scenario
19. Company Profiled
20. Disclaimer
Research Methodology for the UV Disinfection Equipment Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global UV disinfection equipment market were the three major steps undertaken to create and analyze the adoption of UV disinfection equipment in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global UV disinfection equipment market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the UV disinfection equipment market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the UV disinfection equipment market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product, technology, and end-users. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the UV disinfection equipment market. Further, we conducted factor analysis using dependent and independent variables such as product, technology, and end-users of the UV disinfection equipment market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the UV disinfection equipment market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global UV disinfection equipment market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global UV disinfection equipment market. data was split into several segments & sub-segments post studying various parameters and trends in the areas of the product, technology, and end-users in the global UV disinfection equipment market.
The main objective of the Global UV Disinfection Equipment Market Study
The current & future market trends of the global UV disinfection equipment market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
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