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• Coherent Market Insights
• Market Research and Business Consulting Services
• https//www.coherentmarketinsights.com/
• COVID-19 Impact Tracker

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UV DISINFECTION EQUIPMENT MARKET ANALYSIS

• UV Disinfection Equipment Market, By Application
  (Water, Wastewater, Air, Food Beverages,
  Surface), and By Region (North America, Europe,
  Asia Pacific, Latin America, Middle East
  Africa) - Size, Share, Outlook, and Opportunity
  Analysis, 2019 - 2027

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• The global UV disinfection equipment market is
  projected to reach around US 9.2 billion by the
  end of 2027, in terms of revenue, growing at CAGR
  of 18 during the forecast period (2019-2027).
• Drivers
• Increasing implementation of regulations for
  disinfection of water by the government is
  expected to foster the market growth of
  ultra-violet (UV) disinfection equipment.
  Moreover, China is focusing on replacing
  traditional methods and instruments for
  wastewater treatment with advanced and new
  technologies such as UV disinfection.
  Additionally, other regions such as the U.S. and
  European are also adopting UV disinfection
  technique for wastewater treatment which is
  further propelling the market growth of
  ultra-violet (UV) disinfection equipment.
• Growing population rate around the globe is
  demanding clean and high-quality water is
  projected to foster the market growth of
  ultra-violet (UV) disinfection. As per the United
  Nations, the world population is projected to
  reach US 8.5 billion by 2030. As a result of
  which the public demand for water is expected to
  rise significantly. Hence, the rising population
  base rate around the globe will favor the market
  growth of ultra-violet (UV) disinfection
  equipment.
• On basis of the region, North America region
  dominated the global UV disinfection equipment
  market in 2018, accounting for 37 share in terms
  of volume, followed by Asia Pacific and Europe
  respectively.

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Figure 1. Global UV Disinfection Equipment
Market, Revenue Share (), By Region, 2018
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• Market Restraints
• Availability of alternative that is
  cost-effective such as ultrasonic treatment,
  chemical, and ozonation is expected to restrict
  the market growth of ultra-violet (UV)
  disinfection. Additionally, high maintenance and
  operational cost of ultra-violet (UV)
  disinfection is also expected to hinder the
  market growth of ultra-violet (UV) equipment over
  the forecast period.
• Despite the fact that it has so many benefits
  there are few challenges are also associated with
  these technologies. UV light disinfection system
  requires to need electricity to operate which
  them not suitable for emergency needs if
  electricity is not available especially in an
  underdeveloped or developing region. This factor
  is projected to restrict the market growth of
  ultra-violet (UV) disinfection equipment over the
  forecast period.

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Market Opportunities Increasing industrialization
due to the growth of chemical, oil gas, textile,
and other manufacturing industries is creating
large amounts of wastewater and this expected to
fuel the market growth of ultra-violet (UV)
disinfection. Moreover, increasing investment by
companies of wastewater treatment is also
expected to propel the market growth of
ultra-violet (UV) disinfection equipment over the
forecast timeframe. The growing demand for clean
and high-quality water from the food beverage
industry due to rising awareness regarding
hygiene is expected to augment the market growth
of ultra-violet (UV) disinfection. Moreover,
rising concern over declining natural water
resources due to growing water pollution is also
expected to impact the market growth of UV
disinfection equipment positively over the
forecast period.
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Figure 2. Global UV Disinfection Equipment
Market Opportunity Analysis
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Market Trends
Rising cases of viral infection around the globe
are encouraging manufacturers to introduce highly
advanced UV disinfectant technologies and this
factor is expected to propel the market growth of
ultra-violet (UV) disinfection. For instance,
Xiaomi, a popular Chinese electronics firm, has
launched a second UV sterilizing lamp and comes
with a highly affordable price of 79 yuan (Rs
800) in India. The Xiaoda Sterilization lamp is
also portable and is almost the size of a
coca-cola can.
The growing investment by manufacturers of
ultra-violet (UV) disinfection on increasing
research development in order to develop an
advance UV LED disinfectant system is projected
to fuel the market growth. For instance, in
November 2018, AquiSense Technologies announced a
Cooperative Research and Development Agreement
(CRADA) between the United States Environmental
Protection Agency (USEPA), Washington University,
and AquiSense Technologies. The purpose of this
agreement is to design, fabricate, and test an
integrated water treatment system incorporating
advanced ultraviolet light-emitting diode (UV
LED) disinfection and filtration technologies.
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Figure 3. Global UV Disinfection Equipment
Market, Revenue Share (), By Application, in 2018
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• On the basis of application, in 2018, the water
  segment has accounted the largest market share of
  54 in terms of value, followed by the waste
  water and air.
• Competitive Section
• Key players operating in global 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, Evoqua Water Technologies
  LLC, Advanced UV, Inc., Hydro, Photon, makers of
  SteriPEN, Enaqua.

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  market-insight/uv-disinfection-equipment-market-36
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