UV Disinfection Equipment: Challenges and Opportunities Ahead
Posted by Nicky Arora on December 9th, 2019
The global UV Disinfection Equipment Market is expected to reach USD 6.42 billion by 2022, according to a new report by Grand View Research, Inc. Growing consumer awareness regarding the technology coupled with high investments by governments across the globe to employ advanced water treatment technologies to ensure safe drinking water supply is expected to drive demand.
The key growth opportunities for the UV disinfection market reside in surface disinfection and wastewater treatment application. The technology is expected to gain high demand from healthcare and food & beverage sector as helps to achieve desired levels of disinfection required by these industries.
The players including Greenway Technologies, Spectral Innovations Ltd, and Atlantic Ultraviolet Corp. have adopted integration strategies in order to cut down raw material cost and increase profit margins. The industry players are focusing to improve their sales support and after-sales services in order to gain consumer attention, thereby increasing their market shares.
The key industry players are focusing on the product development in terms of better design, cost efficiency, and easy installation in order to compete with the competitors. The industry is expected to get benefited by growing government stringent regulations imposed on the waste water recycling from the commercial, industrial and residential segments.
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Further key findings from the report suggest:
Grand View Research has segmented the global UV disinfection equipment market on the basis of application, and region:
UV Disinfection Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)
o Municipal water treatment
o Residential water treatment
o Commercial water treatment
o Health facilities
o Residential & commercial
o Bio-terror agents
UV Disinfection Equipment Regional Outlook (Revenue, USD Million, 2012 - 2022)
About Grand View Research:
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
Grand View Research, Inc.
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San Francisco, CA 94105
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About the AuthorNicky Arora
Joined: October 15th, 2019
Articles Posted: 389
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