UV Disinfection Equipment Market Size Worth USD 17.92 billion by 2031, Growing at a 17.4% CAGR Says, Transparency Market Research

Wilmington, Delaware, United States, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global market for UV disinfection equipment was estimated to be worth US$ 3.07 billion in 2020. The market is anticipated to advance with a robust 17.4% CAGR from 2021 to 2031 and by 2031, the market is likely to gain US$ 17.92 billion.

UV disinfection methods are being promoted for cleaning bio-contaminated air as well as surfaces, which are important medium for coronavirus disease transmission. Companies within the UV disinfection equipment market are taking advantage of this chance to diversify their product offering and satisfy end-user demand despite the uncertainty brought on by the ongoing epidemic.

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Global UV Disinfection Equipment Market: Key Players

Major manufacturers are putting more of an emphasis on product developments and technical improvements due to the expanding demand for UV-equipped gadgets. Manufacturers are pursuing additional tactics to increase their position in the global market, like mergers and acquisitions.

Some of the key manufacturers profiled in this report are:

• Severn Trent Plc.
• Calgon Carbon Corp.
• Trojan Technologies
• Xylem Inc.
• Atlantic Ultraviolet Corp.
• First Light Technologies Ltd.
• Aquionics
• Atlantium Technologies Ltd.
• Green Water Technologies
• General Lighting
• Evoqua Water Technologies LLC
• Advanced UV, Inc.
• Enaqua
• Hydro-Photon

Developments by the key players in the global market for UV disinfection equipment are:

Businesses in the UV disinfection equipment market is increasingly concentrating on economically vital projects including wastewater treatment, public space air purification, and food and beverage (F&B) applications. A crucial element of UV disinfection is also being understood by businesses.

Companies are developing UV differentiation systems that drastically cut down on microbial and viral contamination in the air and on surfaces. The need for UV disinfection equipment, which facilitates air purification in airplanes, buses, and trains, is being fueled by the rapidly growing HVAC sector.

Key Findings of the Market Report

• In the approaching years, it is anticipated that demand for ultra violet (UV) disinfection equipment will continue to grow.
• Growing public knowledge of the advantages of UV disinfection is fueling the industry.
• This procedure has attracted interest from a variety of end users because it uses no chemicals and is quite simple.
• The necessity to supply clean drinking water in both urban and rural regions continues to be the major growth driver for the use of UV disinfection technology.
• It is anticipated that demand for UV disinfection equipment in various water treatment procedures would increase due to the regrettable rise in water pollution and declining water quality.
• The market for UV disinfection equipment is being driven by this technology's ability to provide end-to-end cleaning at a low cost.

Market Trends for UV Disinfection Equipment

• Rapid industry and continuous urbanization have created a need for water of higher quality. The use of UV disinfection equipment for treating wastewater has unquestionably grown as a result.
• The chlorine-based disinfection process for wastewater is gradually being replaced with UV disinfection. The need for safer and cleaner water is anticipated to provide a number of profitable business prospects for UV disinfection technology, supporting the market for its accessories.
• The aforementioned trends suggest that UV disinfection equipment will be widely used in the water sector over the projection period.
  

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UV Disinfection Equipment Regional Market Outlook

Various reasons are propelling the growth of the UV disinfection equipment market in different regions. These are:

• North America is predicted to lead the global UV disinfection equipment market in the future years, accounting for roughly 36.7% of total revenue. The market for UV disinfection equipment in North America is anticipated to grow due to the significant presence of disinfecting businesses that are using better and cleaner technologies.
• The Asia Pacific UV disinfection equipment market is anticipated to have exceptional growth given the water issues that growing nations like India and China are experiencing.
• The need for UV disinfection equipment is anticipated to increase throughout Asia Pacific as a result of growing population, rising pollution, and growing need for cleaner water supply in the face of water constraint.
  

Global UV Disinfection Equipment Market Segmentation

By Application

• Water
• Wastewater
• Air
• Food & Beverages
• Surface
  

By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
  

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