Awareness among consumers and governments about health hazards of conventional chemical based disinfectants is the key driver for the market. In addition, time taken by UV disinfection equipment for a water tank is 10 seconds compared to chlorine-based disinfectant which takes 20 seconds for complete treatment of a water tank. Moreover, fast action, easy installation, low maintenance, and lower operating cost are anticipated to drive the growth of the market. This equipment are also preferable due to their environmentally friendly functioning. Rise in growth of healthcare and chemical industries is anticipated to provide growth opportunities for the UV disinfection equipment market.
However, factors such as low cost of conventional disinfectants compared to UV lights are expected to hinder the growth of this market. Increase in demand for UV disinfection equipment from healthcare and chemical industries in air treatment application are expected to offer growth opportunities in future.
This market is segmented into end use industry, application, component, marketing channel, and region. Depending on end-use industry, it is classified into residential, commercial, and industrial. As per application, it is segregated into water treatment (municipal, residential, and commercial), wastewater treatment, air treatment (healthcare facilities, residential & commercial, and bio terror agents), food & beverage disinfection, and surface disinfection. Based on component, it classified into UV lamp, quartz sleeve, controller unit, reactor chamber, and others. Depending on marketing channel, it is divided into direct marketing and indirect marketing. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, the UK, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The major key players operating in the UV disinfection equipment industry include Halma Plc, Xylem Inc, Danaher Corporation, Kuraray Co. Ltd., Severn Trent Plc, Koninklijke Philips N.V., Australian Ultra Violet Services Pty. Ltd., American Ultraviolet, Xenex and Atlantic Ultraviolet Corporation. Other players operating in this market include UV-Technik, Ceasa, Lit Company, Alfaa UV, and Hitech Ultraviolet.
KEY BENEFITS FOR STAKEHOLDERS
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- It outlines the current trends and future scenario of the market from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets.
- Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
- The profiles of key players along with their key strategic developments are enlisted in the report.
KEY MARKET SEGMENTS
By End-Use Industry
- Residential
- Commercial
- Industrial
By Component
- UV Lamp
- Controller Unit
- Quartz Sleeve
- Reactor Chamber
- Others
By Application
- Water Treatment
- Municipality water treatment
- Residential water treatment
- Commercial water treatment
- Waste Water Treatment
- Air Treatment
- Health facilities
- Residential and Commercial
- Bio-Terror agents
- Food & Beverage Disinfection
- Surface Disinfection
By Marketing Channel
- Direct Marketing
- Indirect Marketing
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
What is the estimated value of the Global UV Disinfection Equipment Market?
What is the growth rate of the Global UV Disinfection Equipment Market?
What is the forecasted size of the Global UV Disinfection Equipment Market?
Who are the key companies in the Global UV Disinfection Equipment Market?
Report Attribute | Details |
---|---|
No. of Pages | 364 |
Published | November 2019 |
Forecast Period | 2018 - 2026 |
Estimated Market Value ( USD | $ 1.1 billion |
Forecasted Market Value ( USD | $ 3.4 billion |
Compound Annual Growth Rate | 15.1% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |
Table of Contents
Executive Summary
According to the report titled, 'UV Disinfection Equipment Market by End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026', the global UV disinfection equipment market was valued at $1.1 billion in 2018, and is projected to reach $3.4 billion by 2026, growing at a CAGR of 15.0% from 2019 to 2026.Ultraviolet (UV) disinfection is a non-chemical process whereby a pathogen, within a liquid or gaseous medium or on a surface, is exposed to a dosage of ultraviolet radiation near the peak of germicidal effectiveness, to deactivate pathogen's DNA, such that the pathogen is unable to reproduce.
The increasing concern to provide safe drinking water in emerging nations is a driver for the market. Since UV is considered the safest water treatment option, it is expected that it would be used by emerging nations like India and China for water treatment. Moreover, UV disinfection is an environmentally friendly treatment method compared to chlorine, which leaves behind chemical by-products in water, and is also cost effective than disinfection methods such as ozonation and ultrasonic treatment. These factors are expected to increase the demand for UV disinfection equipment and eventually drive the growth of the market.
By application, the UV disinfection equipment market is segmented into water treatment (municipal, residential, and commercial), wastewater treatment, air treatment (healthcare facilities, residential & commercial, and bio terror agents), food & beverage disinfection, and surface disinfection. The water treatment segment is expected to grow as UV light has become a widely accepted equipment to treat water being extremely efficient methodology to kill harmful microorganisms or to make their cellular functions inactive. Water treatment by UV equipment is suitable for different residential and commercial applications such as water treatment can be used in agriculture for irrigation, dairy, and livestock, and for residential and municipal drinking water and swimming pools and spas
By end use industry, the UV disinfection equipment market is divided into residential, commercial, and industrial. The residential segment is expected to grow as residential ultraviolet water disinfection equipment provide safe household potable water for drinking, cooking, and bathing. Household disinfection systems are useful for treating well and spring-fed water. It utilizes UV-C energy to inactivate pathogens without adding anything to water. This system leaves no aftertaste, no chemicals, and no harmful by-products making it a better choice for residential purpose. These factors are expected to increase the UV disinfection equipment market growth.
By component, the UV disinfection equipment market is classified into UV lamp, controller unit, quartz sleeve, reactor chamber, and others. The controller unit segment is expected to grow as controller unit manages the overall electrical output of the UV lamp used in the UV disinfection equipment and powers the lamp to produce UV-C light to disinfect water.
By marketing channel, the UV disinfection equipment market is categorized into direct marketing and indirect marketing. The direct marketing segment is expected to grow as direct marketing channel helps sellers to reach potential customers for products like UV disinfection equipment.
Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounts for a major share in the market due to increase in demand for UV disinfection for water treatment for residential, commercial, and industrial usage in developing economies such as India and China. This factor is anticipated to increase the Asia-Pacific UV disinfection equipment market size from 2019 to 2026.
Key Findings of the UV Disinfection Equipment Market:
The North America UV disinfection equipment market is projected to grow at a highest CAGR of nearly 15.2%, in terms of revenue, during the forecast period.
The residential end-use industry segment is expected to dominate the market, garnering a UV disinfection equipment market share of 44.8%, during the forecast period.
Asia-Pacific dominated the UV disinfection equipment market with a revenue share of over 30.3% in 2018.
The key players operating in the global high purity alumina market include Halma Plc, Xylem Inc, Danaher Corporation, Kuraray Co. Ltd., Severn Trent Plc, Koninklijke Philips N.V., Australian Ultra Violet Services Pty. Ltd., American Ultraviolet, Xenex, and Atlantic Ultraviolet Corporation.
Companies Mentioned
- Halma Plc
- Xylem Inc
- Danaher Corporation
- Kuraray Co. Ltd.
- Severn Trent Plc
- Koninklijke Philips N.V.
- Australian Ultra Violet Services Pty. Ltd.
- American Ultraviolet
- Xenex and Atlantic Ultraviolet Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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