Ultraviolet Disinfection Equipment Market To Hit Value .4 Billion By 2027Posted by Mrudula Anil Karmarkar on February 1st, 2021 The global ultraviolet disinfection equipment market size is anticipated to reach USD 9.4 billion by 2027 registering a CAGR of 19.0%, according to a new report by Grand View Research, Inc. The rising investments related to the expansion and up-gradation of various wastewater treatment facilities are expected to boost the product demand over the coming years. The ongoing pandemic and consequent protocols that have been purposed to address public health and safety concerns have led to a rise in demand for disinfectant chemicals. Companies across the globe are ramping up their production to facilitate the sudden spike in demand from healthcare organizations, food retail, municipal departments and households alike. The report will account for Covid19 as a key market contributor. Ultraviolet (UV) equipment is simple to install and requires low maintenance, supervision, or space. In addition, the equipment also provides improved safety, low operation costs, minimum service time, and no chemical residues or unpleasant aftertaste. Furthermore, it is relatively insensitive to pH and temperature differences compared, which is likely to drive the product demand. The annual operating costs for these devices highly depend on the maintenance and replacement costs of sleeves, lamps, ballasts, and other staffing requirements. The product prices have decreased over the past few years on account of the improvement in lamp and system designs, which has increased the competition among manufacturers. A large number of pharmaceutical companies depend on UV equipment for water disinfection as the water used in healthcare and pharmaceutical products must be free of chemicals like ozone, pathogens, and chlorine. In addition, it is used in the cosmetics industry due to the high demand for clean water, which does not contain toxins and microorganisms, to ensure increased product shelf life. Ultraviolet Disinfection Equipment Market Report Highlights
The global ultraviolet disinfection equipment market size was valued at USD 2.3 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 19.0% from 2020 to 2027. The rising investments for the expansion of wastewater facilities coupled with the rising prevalence of Hospital-Acquired Infections (HAIs) are expected to boost the market growth over the forecast period. In addition, increasing the use of reclaimed water in landscape irrigation, car washing, and urinals has led to the demand for disinfection technologies, which is expected to propel the market growth over the forecast period. The U.S. Environmental Protection Agency has approved ultraviolet (UV) disinfection for small and medium-sized public water systems on account of the increasing demand. Furthermore, EPA is also considering including the conventional UV treatment technologies, such as medium-pressure UV, UV oxidation, and pulsed UV as “emerging” technologies, which in result will create a wide range of opportunities for product manufacturers in the U.S. over the coming years. Product manufacturing has increased since the outbreak of the COVID-19 pandemic. The Defense Research and Development Organisation (DRDO) has launched UV Blaster, which is useful for disinfecting high-tech surfaces and areas with a large flow of people, such as airports, hotels, offices, metros, shopping malls, and factories. Ease of installation and low maintenance, supervision, and space requirements have also led to the growing demand for this technology. In addition, the equipment also provides improved safety, minimum service time, and low sensitivity to pH and temperature variations compared to traditional disinfection technologies, such as chlorination. UV radiation is not fit for water with high levels of soluble organic matter, suspended solids, or turbidity, as it makes it difficult for radiation to penetrate water. However, rising demand for the UV oxidation process in water & wastewater treatment plants is anticipated to boost the UV disinfection equipment market growth over the forecast period. Have a Query? Ask Our Expert: https://www.grandviewresearch.com/inquiry/2700/ibb The major manufacturers are focusing on technological advancements and product innovations on account of the increasing demand for UV equipment amid the COVID-19 outbreak. For instance, germfalcon is using a UV-C light system that is explicitly designed for airplanes and can clean a 30-row aircraft in less than 3 minutes. In addition, Puro is supplying UV-C light to the New York City transportation services to clean subway cars and buses. Companies, such as Xylem and Evoque Water Technologies, are focusing on leveraging their water disinfection solutions with digital transformation in the water industry and acquiring privately held companies to gain a competitive edge in the market. Furthermore, consumer durables firm, Voltas, has launched a new line of UV-based surface disinfectants that compliments the immediate and long-term need for safety in shared spaces. Some of the prominent players in the ultraviolet disinfection equipment market include:
Grand View Research has segmented the global ultraviolet disinfection equipment market on the basis of component type, application, end-use: UV Disinfection Equipment Component Type Outlook (Revenue, USD Million, 2016 - 2027)
o Mercury o Low-pressure o Medium-pressure o Amalgam o Xenon/LED
UV Disinfection Equipment Application Outlook (Revenue, USD Million, 2016 - 2027)
o Health Facilities o Residential & Commercial Buildings o Bio-Terror Agents
UV Disinfection Equipment End-use Outlook (Revenue, USD Million, 2016 - 2027)
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