DUBLIN--(BUSINESS WIRE)--The "Germicidal Lamp Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The germicidal lamp market is expected to grow at a CAGR of over 36% during the period 2019-2025.
The global germicidal lamp market is experiencing a new lease of life after the outbreak of the COVID-19 pandemic with demand outpacing supply. The potential addressable market for germicidal lamps is growing as new end-users, which earlier did not utilize UV systems, have started to enquire about the same. With COVID-19 infections reaching over 10 million since the outbreak of the disease in December 2019, the spotlight on UV-C lamps has increased. UV-C based products are being explored as sanitizers. Although the residential sector is witnessing high traction, the lamp equipment utilization in new UV systems is growing.
UV system manufacturers are designing systems, which are more portable than standalone. Hospital, hospitality, and transportation sectors are expected to fuel market growth in the medium term. While a large part of the historical demand was based on the availability of systems, disposable incomes of consumers, and commercial and industrial growth, the outbreak of COVID-19 has prioritized safety in both residential and non-residential sectors.
Key Questions Answered
- What is the growth forecast of the global ultraviolet germicidal lamp market size?
- What are the factors impacting the global germicidal ultraviolet equipment market growth?
- What are the drivers, trends, and restraints in the market?
- Who are the key players, and what are their market shares?
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What is the impact of the COVID-19 Pandemic on the UV LED market growth?
The following factors are likely to contribute to the growth of the germicidal lamp market during the forecast period:
- Robotic UV Purification Systems
- Growth from Several End-user Sectors Post Covid-19
- Investments in Water Treatment
- Demand for Germicidal LED Lamp
The study considers the present scenario of the germicidal lamp market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Prominent Vendors
- Atlantic Ultraviolet
- Heraeus
- Calgon Carbon
- Halma
- Philips
- Trojan Technologies
Other Prominent Vendors
- Hydrotech
- Intco Medical
- Honle Group
- Lumalier Corporation
- Aquionics
- American Ultraviolet
- Ushio
- Glasco UV
- Advanced UV
- Hitech Ultraviolet
- Ultraviol
- Light Sources
- Atlantium Technologies
- Steril-Aire
- Ultraaqua
- Crystal IS
- UVO3
- Lit
- Tepro
- Bolb
- Watersprint
- Acuva
- Klaran
- Lyl UV Light
- Germitec
- UV - Technik
Market Dynamics
Opportunities & Trends
- Robotic UV Purification Systems
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Growth in End-User Sectors Post Covid-19
Growth Enablers
- Investments in Water Treatment
- Demand for Germicidal Led Lamps
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Demand from Hospitals & Medical Centers
Restraints
- Health Hazards Due to UVC Exposure
- Capital Costs
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Low Customer Base
For more information about this report visit https://www.researchandmarkets.com/r/cwehcl
