The Global Ultraviolet Disinfection Equipment Market was valued at $3.12 Billion in 2020. Growing at a high CAGR of more than 9.7% between 2020 and 2030, it is estimated to reach $7.91 Billion by 2030. But due to the current COVID-19 pandemic there might be a slight difference in the growth rate in the present year. Increased investment for the expansion of wastewater facilities along with the increased prevalence of Hospital-Acquired Infection (HAIs) will help to accelerate the growth of this market. Besides this increased use of reclaimed water in the landscape irrigation, urinals, car washing will further help to increase the demand for the disinfection technologies that will help to drive the growth of this market during the forecasted period.
Global Ultraviolet Disinfection Equipment Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Ultraviolet Disinfection Equipment Market has been segmented into Component, Application, and End-Use. By Component – UV Lamps, Ballasts/Controller Units, Quartz Sleeves, reactor Chambers, Others. By Application – Water & Wastewater Treatment, Air Treatment, Others. By End-Use – Municipal, Residential, Commercial, Industrial. It is the municipal segment that leads this market and is accounted for the largest global revenue because of the increased penetration of the technologies in water and wastewater treatment plants in the developed countries.
By Region, Asia Pacific Is Holding The Major Market Share
The Global Ultraviolet Disinfection Equipment Market has been geographically segmented into North America, Asia Pacific, South America, Middle East, and Africa region. in addition to this Asia Pacific Global Ultraviolet Disinfection Equipment Market is holding the largest market share at present and is estimated to show high compound annual growth rate in the upcoming forecasted period. this is mainly because some countries like China and India are investing heavily on startups or established companies so that they can produce products that will help to combat COVID-19. So due to this reason the region dominates the market. Besides this Europe is also expected to witness remarkable growth.
Major Players In Global Ultraviolet Disinfection Equipment Market
Some of the major players in Global Ultraviolet Disinfection Equipment Market include Xylem Inc., Trojan Technologies, Halma PLC, Kuraray Co. Ltd., Atlantic Ultraviolet Corporation, Evoqua Water Technologies LLC, Advanced UV, Inc., American Ultraviolet, Atlantium Technologies LTD., Hoenle AG, Lumalier Corporation, Xenex, ITT Wedeco, Siemens Water Technologies.
The Global Ultraviolet Disinfection Equipment Market Has Been Segmented Into:
Global Ultraviolet Disinfection Equipment Market, By Component Type
Global Ultraviolet Disinfection Equipment Market, By Application Type
Global Ultraviolet Disinfection Equipment Market, By End-Use Type
Global Ultraviolet Disinfection Equipment Market, By Region
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