Ultraviolet (UV) Disinfection Equipment Market Analysis, Opportunities, Forecast, Size and Competitive Analysis Till 2031

The global ultraviolet disinfection equipment market was valued at $1.3 billion in 2019 and is projected to reach $5.7 billion by 2027, growing at a CAGR of 17.1% from 2020 to 2027. Ultraviolet disinfection means killing or rendering harmful microorganisms in a dedicated environment. These microorganisms can range from bacteria and viruses to algae and protozoa. UV disinfection is used in air and water purification, sewage treatment, protection of food and beverages, and many other disinfection and sterilization applications. A major advantage of UV disinfection equipment is that it is capable of disinfecting water faster than chlorine without cumbersome retention tanks and harmful chemicals. UV disinfection equipment are also extremely cost efficient.

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.

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This equipment is 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. In addition, growing demand for UV-C led lamps for surface disinfection and air treatment amid COVID-19 pandemic outbreak is expected to drive the growth of the market. However, factors such as low cost of conventional disinfectants as compared to UV lights are expected to hinder the growth of this market. In addition, Rise in growth of healthcare and chemical industry and growing adoption of far-UVC lamps for surface disinfection and air treatment is anticipated to provide lucrative opportunities in ultraviolet disinfection equipment market.

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 passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.

In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.

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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.

Covid-19 Analysis:– The demand for UV disinfection equipment from the food and beverages industry is expected to surge during the COVID-19 outbreak for liquid sweetener disinfection, chlorine and ozone destruction, and surface disinfection.– The demand for UV disinfection system from the healthcare industry is expected to surge during the pandemic due to growing need for surface disinfection in hospitals.– The demand for UV disinfection equipment from commercial institutions is expected to surge post lockdown imposed due to COVID-19 pandemic outbreak. This is due to implementation of hygienic practices at offices and adoption of UV disinfection systems for surface sterilization.

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 2027 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 Treatmento Municipality Water Treatmento Residential Water Treatmento Commercial Water Treatment– Waste Water Treatment– Air Treatmento Health Facilitieso Residential and Commercialo Bio-Terror agents– Food & Beverage Disinfection– Surface Disinfection

– By Marketing Channel– Direct Marketing– Indirect Marketing

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– By Region– North Americao U.S.o Canadao Mexico

– Europeo Germanyo Franceo Italyo Spaino UKo Rest of Europe– Asia-Pacifico Chinao Japano South Koreao Indiao Australiao Rest of Asia-Pacific– LAMEAo Brazilo Saudi Arabiao South Africao Rest of LAMEA

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