DUBLIN--(BUSINESS WIRE)--The "UV Disinfection Equipment Market by Component (UV Lamps, Quartz Sleeves), Power Rating (Medium, High), Application (Water and Wastewater Disinfection, Process Water Disinfection), End-User (Residential, Municipal), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global UV disinfection equipment market size is projected to grow from USD 2.9 billion in 2020 to USD 5.3 billion by 2025; it is expected to grow at a CAGR of 12.3% from 2020 to 2025.
Key factors fueling the growth of this market include increasing demand for UV disinfection equipment due to threats of infectious diseases, and long life and lower power consumption of LED-based UV disinfection equipment. However, the lack of residual ability of UV disinfection equipment is expected to hinder the growth of the market.
The municipal segment is projected to grow at the highest CAGR during the forecast period.
In 2019, municipal end-user held the largest share of the global UV disinfection equipment market. This segment is also expected to grow at the highest CAGR during the forecast period. The dominance of this end-user is mainly due to the rising concerns about the recycling of wastewater across the globe.
A large number of municipal corporations are adopting UV disinfection equipment for recycling and retreating wastewater from industries. Moreover, to meet the demand for drinking water in areas with a dense population, municipal corporations are shifting toward UV treated water as it does not has any chemical residues.
The water and wastewater disinfection segment is projected to grow at the highest CAGR from 2020 to 2025.
In 2019, the water and wastewater disinfection segment held the largest share of the overall UV disinfection equipment market and is expected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing need for safe drinking water in all parts of the world.
Strengthened government regulations in countries such as the US, Germany, Singapore, India, China, and the UK regarding the proper treatment of wastewater from industries has also contributed significantly to the growth of this segment. The replacement of the chlorine-based process for the disinfection of water and wastewater with UV-based disinfection equipment is also expected to drive the growth of the market in the coming years.
The UV disinfection equipment market in Asia Pacific (APAC) is projected to grow at the highest CAGR from 2020 to 2025.
In 2025, APAC is projected to hold the largest share of the global UV disinfection equipment industry. The market in APAC is expected to grow at the highest CAGR during the forecast period. The primary factor contributing to this growth is the presence of countries such as China and India that need to provide clean drinking water to their growing population. The presence of many manufacturing plants in the region that require processed water has been another factor contributing to the high demand for UV disinfection equipment in the region. The increasing number of projects, for example, the Clean Ganga Project, is expected to drive the market further.
Reasons to buy the report
- This report segments the UV disinfection equipment market comprehensively and provides the closest approximations of the overall size of the market, as well as its segments and subsegments.
- The report is expected to help stakeholders understand the pulse of the market and provide them with information about key drivers, restraints, challenges, and opportunities.
- This report aims at helping stakeholders in obtaining an improved understanding of their competitors and gaining insights to enhance their position in the market. The competitive landscape section includes the competitor ecosystem of the market, as well as growth strategies such as partnerships, contracts, acquisitions, product launches, and expansions adopted by major market players.
Key Topics Covered:
1.1 Study Objectives
1.2 Market Definition and Scope
1.3 Years Considered
2 Research Methodology
2.1 Research Data
2.2 Market Breakdown and Data Triangulation
2.3 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in UV Disinfection Equipment Market
4.2 Market, By Region and End User
4.3 Market, By Region
4.4 Market, By Country
5 Market Overview
5.2 Market Dynamics
5.3 Value Chain Analysis
6 UV Disinfection Equipment Market, By Component
6.2 UV Lamps
6.3 Reactor Chambers
6.4 Quartz Sleeves
6.5 Controller Units
7 UV Disinfection Equipment Market, By Power Rating
8 Types of UV Disinfection Equipment, By Deployment Mode
8.3 Wall Mounted
9 UV Disinfection Equipment Market, By Application
9.2 Water and Wastewater Disinfection
9.3 Process Water Disinfection
9.4 Air Disinfection
9.5 Surface Disinfection
10 UV Disinfection Equipment Market, By End User
11 Geographic Analysis
11.2 North America
11.5 Rest of the World
12 Competitive Landscape
12.2 Market Ranking Analysis, 2019
12.3 Competitive Scenario
12.4 Competitive Leadership Mapping
12.5 Strength of Product Portfolio
12.6 Business Strategy Excellence
13 Company Profiles
13.1 Key Players
13.1.1 Xylem Inc.
13.1.2 Trojan Technologies
13.1.3 Halma PLC
13.1.4 Kuraray Co., LTD
13.1.5 Atlantic Ultraviolet Corporation
13.1.6 Evoqua Water Technologies LLC
13.1.7 Advanced UV, Inc.
13.1.8 American Ultraviolet
13.1.9 Atlantium Technologies LTD.
13.1.10 Hoenle AG
13.1.11 Lumalier Corporation
13.2 Other Key Players
13.2.1 UVO3 LTD
13.2.2 Lit Company
13.2.4 Alfaa UV
13.2.5 UV Pure
13.2.7 Australian Ultra Violet Services Pty. LTD. (AUVS)
13.2.8 Aqualine Ii Water Systems
13.2.9 Sita SRL
13.2.10 Hitech Ultraviolet Pvt. LTD.
13.3 Startup Ecosystem
13.3.1 Typhon Treatment Systems LTD.
13.3.2 Aquatic Solutions
13.3.3 Integrated Aqua Systems, Inc.
13.3.4 Aquanetto Group GmbH
13.3.5 Nectar Solutions
For more information about this report visit https://www.researchandmarkets.com/r/jbwc9t