The latest study on the Ultraviolet (UV) Disinfection Equipment Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2032 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2032 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
The global ultraviolet disinfectant equipment market is projected to be worth USD 10.71 Billion in 2032 and register a revenue CAGR of 17.2% during the forecast period, according to a new report by Emergen Research. The market for ultraviolet disinfectant equipment is experiencing rapid growth attributed to its rising demand in water treatment, wastewater treatment, air disinfection, process water disinfection, and surface disinfection. Ultraviolet disinfectant equipment is an exceptionally efficient way to destroy pathogenic microbes, comprising bacteria, viruses, fungi, or parasites, responsible for causing infectious diseases. According to the World Health Organization (WHO), infectious diseases are responsible for mortality in over 17 million people annually.
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Major Companies and Competitive Landscape
American Ultraviolet, Atlantic Ultraviolet Corporation, Danaher, HALMA PLC, Koninklijke Philips N.V, KURARAY CO., LTD, Severn Trent Water, STERIS., Xenex Disinfection Services Inc., Xylem..
Objective:
The objective of this report is to provide a comprehensive overview of the Ultraviolet (UV) Disinfection Equipment Market . It covers market trends, key players, growth drivers, challenges, and opportunities in the market. Additionally, this report aims to analyze the impact of the COVID-19 pandemic on the Ultraviolet (UV) Disinfection Equipment Market and forecast the market size and growth potential in the coming years.
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Ultraviolet (UV) Disinfection Equipment Market .
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting Ultraviolet (UV) Disinfection Equipment Market growth.
Objectives of the Global Ultraviolet (UV) Disinfection Equipment Market Study:
- An in-depth study of the evolving market sectors and the growth penetration status of the global Ultraviolet (UV) Disinfection Equipment Market
- COVID-19 Impact Analysis to highlight the major opportunities and challenges
- Strategic recommendations to help readers formulate lucrative business strategies
- Identification of the emerging players and their tactical approaches to expand market presence
- An extensive study of the product portfolios of the major Ultraviolet (UV) Disinfection Equipment Market players and their regional presence
- A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers acquisitions, collaborations, partnerships, and joint ventures
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Emergen Research has segmented the global ultraviolet disinfectant equipment market on the basis of component, application, end-users, and region:
- Component Outlook (Revenue, USD Billion; 2019–2032)
- UV Lamps
- Ballasts/Controller Units
- Quartz Sleeves
- Reactor Chambers
- Others
- Application Outlook (Revenue, USD Billion; 2019–2032)
- Water Treatment
- Municipal water treatment
- Residential water treatment
- Commercial water treatment
- Waste Water Treatment
- Air Treatment
- Healthcare facilities
- Residential and commercial
- Bio terror agents
- Surface Disinfection
- Food Beverage Disinfection
- End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Residential
- Commercial
- Industrial
Region wise performance of the Ultraviolet (UV) Disinfection Equipment Market industry
North America Ultraviolet (UV) Disinfection Equipment Market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2030 . In addition, North America Ultraviolet (UV) Disinfection Equipment Market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2030 .
Asia Pacific registered fastest revenue CAGR in 2020, and the Ultraviolet (UV) Disinfection Equipment Market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2030 .
Europe Ultraviolet (UV) Disinfection Equipment Market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2030 . Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Ultraviolet (UV) Disinfection Equipment Market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Ultraviolet (UV) Disinfection Equipment Market in the near future?
- What is the regulatory framework governing the application of Ultraviolet (UV) Disinfection Equipment Market in the food industry?
- Which manufacturing processes are utilized for the production of Ultraviolet (UV) Disinfection Equipment Market ?
The report provides a sophisticated analysis of the insightful data of the Ultraviolet (UV) Disinfection Equipment Market industry that has been formulated based on thorough primary and secondary research. The details have further been validated and verified by the industry experts. The precise data offered by the report offers fruitful information about sales strategies to improve market performance.
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