The Adoption Of UV Disinfection In Various Applications Is Anticipated To Openup The New Avenue For UV Disinfection Equipment Market

UV Disinfection Equipment Market



The UV Disinfection Equipment Market is estimated to be valued at US$ 4.19 Bn or billion in 2023 and is expected to exhibit a CAGR of 16.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Ultraviolet (UV) disinfection equipment utilizes short-wavelength ultraviolet light to kill or inactivate microorganisms by destroying nucleic acids and disrupting their DNA, leaving them unable to perform vital cellular functions. UV disinfection equipment is commonly used in water treatment, wastewater treatment, air disinfection, and surface disinfection applications. Some key uses of UV disinfection equipment include disinfecting drinking water, treating process water and wastewater from municipal and industrial applications, disinfecting air in hospitals and other facilities, and disinfecting surfaces in laboratories and food production facilities.

Market Dynamics:
The growth of the UV Disinfection Equipment market is primarily driven by various factors such as increasing concerns regarding water safety and growing demand for advanced wastewater treatment systems. Growing health awareness and rising consciousness regarding the spread of diseases through contaminated water have compelled various industries and public organizations to adopt highly effective UV disinfection techniques. Several industries, including food & beverage, pharmaceutical, and healthcare, strictly adhere to hygiene and sterilization standards and employ UV disinfection equipment for disinfecting surfaces as well as air and water treatment. Furthermore, stringent government regulations regarding wastewater discharge from industries have fueled the adoption of advanced UV disinfection equipment globally. However, the availability of alternative disinfection methods and need for frequent servicing and replacement of UV lamps are some of the factors that may restrainthe market growth.

Segment Analysis
The UV disinfection equipment market can be segmented into mercury lamp, LED lamp and others. The mercury lamp segment currently dominates the market due to its widespread usage for water and wastewater disinfection. Mercury lamps provide high energy output and are economical for larger commercial applications.

PEST Analysis
Political: Stringent regulations regarding water reuse and disinfection are being introduced globally, driving the demand for UV disinfection equipment.
Economic: The growing water scarcity and rising disposable incomes are encouraging investment in advanced water treatment technologies.
Social: Rising awareness about water conservation and the need for advanced water treatment is positively impacting the market growth.
Technological: Continuous innovations in LED technology are resulting in higher power output and longer lifespan LED lamps, which is boosting their adoption over mercury lamps.

Key Takeaways
Global UV Disinfection Equipment Market Size is expected to witness high growth, exhibiting 16% CAGR over the forecast period, due to increasing concerns over water safety. The market size for 2023 is estimated at US$ 4.19 Bn.

North America dominates the global market currently due to stringent safety regulations and early technology adoption. Asia Pacific is expected to witness the fastest growth due to growing industrialization and increasing investments in water infrastructure in major economies like China and India.

Key players operating in the UV Disinfection Equipment market are Severn Trent Plc, Calgon Carbon Corporation, Xylem Inc., Trojan Technologies, General Lighting, Aquionics, Atlantium Technologies Ltd., Atlantic Ultraviolet Corporation, FirstLight Technologies Ltd., Green Water Technologies, Enaqua, Advanced UV, Inc., Hydro, Photon, makers of SteriPEN, and Enaqua. Players are focusing on new product launches with advanced features and capabilities to gain a competitive advantage. 


Comments

Popular posts from this blog

Security Robot Market is Estimated To Witness High Growth Owing To Increasing Demand for Enhanced Surveillance

The Global Methyl & Ethyl Chloroacetate Market Is Expected To Register A Cagr Of 7.9% In Terms Of Revenue Over The Forecast Period (2019-2027)

The Ever-Evolving Landscape of the Scottish Whisky Market during the Forecast Period 2019-2027