UV Disinfection Equipment Market growing at a 16.3% CAGR by the end 2033
Global Market Study on UV Disinfection Equipment: Demand for UV Lamps to Surge Over Coming Years
NEW YORK, NY, UNITED STATES, January 6, 2023 /EINPresswire.com/ — Traditional chlorine-based disinfection is being actively replaced by ultra-modern “UV disinfection equipment”, primarily because consumer as well as corporate understanding of the health risks associated with chemical disinfection. Chlorine-based treatment has been common owing to inexpensive nature of the gas; however, it is a highly toxic chemical that must be transported and handled with extreme caution.
UV disinfection inhibits the production of harmful by-products, coupled with its non-toxic nature toward the environment, UV disinfection equipment is fast becoming an alternative and a direct replacement technology to chemical (chlorine) disinfection.
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Application of UV light is gaining traction with respect to wastewater treatment, given that it’s a safer and cost-effective alternative over chemical disinfection, consequently, driving demand for UV disinfection equipment.
On the back of these factors, global sales of UV disinfection equipment are expected to close in on US$ 37 Bn in 2031. According to the report by Persistence Market Research, the market is estimated to register an impressive CAGR of around 16.5% over the forecast period of 2021-2031.
UV Disinfection Equipment Market
UV Disinfection Equipment Market
Key Takeaways from Market Study
Rising demand for proper disinfection technologies as well as growing concerns regarding the safety and cleanliness of healthcare facilities is a prominent factor driving market expansion.
In terms of product, UV disinfection chambers are a highly preferred in the industrial sector due their numerous advantages, such as, they can be used for multiple tasks, less operating cost, etc.
Due to the increase in airborne infections, market participants have begun creating smart air disinfection equipment, and in order to attract customers, they are offering discounts through online retailing.
Since UV disinfection equipment does not leave any chemical traces and has low carbon footprint, its role in water and wastewater treatment plants is projected to surge over the forecast period.
The novel coronavirus outbreak in 2020 benefited the UV disinfection equipment industry, resulting in higher shipments of UV disinfection equipment and related parts, as well as higher revenues.
“Establishment of online retailers is becoming increasingly popular in the market. Competitors are incorporating innovative technologies such as artificial intelligence, robotics, drone disinfection, sensor technology, and others that are gaining traction in the industry”, says an analyst at Persistence Market Research.
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Key Market Players
The report underlines groundbreaking insights into the competitive scenario of the UV disinfection equipment market, along with highlights of differential strategies used by manufacturers.
Some of the key players identified across the value chain include
Signify Holding
Hanovia Ltd
Calgon Carbon Corporation
Xylem Inc.
Trojan Technologies Group ULC
Atlantium Technologies Ltd.
Atlantic Ultraviolet Corporation
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Know More about Report Inclusions
Persistence Market Research published a new market report on the UV disinfection equipment market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of product, end use, application, and sales channel, across all major regions of the world.
The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in this space.
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The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.
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