Coherent Market Insights

UV Disinfection Equipment Market To Surpass US$ 12.1 Bn By 2030

UV Disinfection Equipment Market To Surpass US$ 12.1 Bn By 2030 - Coherent Market Insights

Publish In: Jun 12, 2023

Global UV Disinfection Equipment Market was valued at US$ 3.6 Bn in 2022 and is estimated to reach US$ 12.1 Bn by 2030, exhibiting a CAGR of 16.4% during the forecast period (2023-2030). According to Global UV Disinfection Equipment Market Report, By Application (Water, Wastewater, Air, Food & Beverages, Surface), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) as highlighted in a new report published by Coherent Market Insights.

UV disinfection system is used to disinfectant the water by eliminating microbial contamination. The UV light of wavelength 253.7 nanometers is used to disinfect the bacteria, algae, molds, and other microorganisms. UV light directly destroy the DNA of the bacteria which stops the multiplication of pathogens and leads to the death of the bacteria. This technology can be used to disinfect the drinking water and surface. In food, & beverage industry UV lights help to achieve high-quality water that meets the standard of U.S. Food and Drug Administration. In pharmaceutical industry this technology helps to obtain chemical-free water such as ozone, chlorine, and pathogen. Moreover, in cosmetic industry it can be used to obtain free of microorganism and other toxins and enhance the shelf-life of the cosmetic products.

Drivers

Rising cases of infections caused by infected water supply

Rising cases of infections caused by infected water supply such as malaria and typhoid around the globe are projected to propel the market growth of ultra-violet (UV) disinfection equipment. According to the World Health Organization, in 2021, there were an estimated 241 million malaria cases and 627,000 malaria deaths worldwide in 2020. This represents about 14 million more cases in 2020 compared to 2019, and 69,000 more deaths.

Market Opportunities

Rising adoption of LEDs

Rising adoption of LEDs to disinfectant the water is expected to offer potential growth opportunities to the market growth of ultra-violet (UV) disinfection equipment. LEDs lamp does not contain mercury, which makes them ideal for disinfecting water and reduce the risk of contaminating the water. Moreover, UV LEDs also lower the rate of energy consumption compared to conventional mercury lamp, which is further expected to propel the market growth of ultra-violet (UV) disinfection during forecast period.

Market Restraints

High cost of installation of the UV disinfection system

The high cost of installation of the UV disinfection system is restricting the adoption of this system and this factor is expected to hinder the market growth of ultra-violet (UV) disinfection equipment. Moreover, the manufacturers are facing challenges in term of designing the application-specific disinfectant equipment, which is further expected to hamper the market growth of ultra-violet (UV) disinfection equipment over the forecast period.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/uv-disinfection-equipment-market-3609

Key Takeaways

On the basis of application, water segment has dominated the global UV disinfection equipment market in 2022 with a 54% of market share in terms of value, followed by wastewater and air.

Market Trends

Growing demand for air and surface UV disinfectant equipment from the healthcare industry is a major trend that is expected to accelerate the market growth of ultra-violet (UV) disinfection equipment. For instance, in September 2020, Fresh-Aire UV, a manufacturer of UV, gas-phase carbon media air filtration and PCO air purification products, has introduced the Environmental Surface Disinfection System (ESDS), a stationary ceiling-mounted ultraviolet (UV) light system for irradiating pathogenic organisms on high-touch surfaces. The ESDS is a No-Touch-Disinfection (NTD), a fully-customizable system designed for healthcare rooms and spaces requiring surface disinfection.

Increasing adoption of growth strategies by major players for strengthening their footholds on a regional and global level is expected to propel the market growth of UV disinfectant equipment. For instance, in September 2021, AquiSense Technologies, the global leader in UV-C LED water disinfection technology, announced a partnership with SUEZ, a public utility company, to provide SUEZ with AquiSense’s patented ultraviolet light-emitting diode (UV-C LED) Water Treatment Technology for water disinfection directly at the point of use in critical laboratory applications.

Competitive Section

Key players operating in the global UV disinfection equipment market includes Severn Trent Plc, Calgon Carbon Corporation, Xylem Inc., Trojan Technologies, General Lighting, Aquionics, Atlantium Technologies Ltd., Atlantic Ultraviolet Corporation, FirstLight Technologies Ltd., Green Water Technologies, Evoqua Water Technologies LLC, Advanced UV, Inc., Hydro, Photon, makers of SteriPEN, and Enaqua

Global UV Disinfection Equipment Market- COVID-19 Impact

Due to COVID-19, the demand for UV disinfection equipment and their components has increased as it is effective in inactivating the coronavirus. Also, UVC radiations provide physical disinfection and do not have residual effects like chemical disinfection. Various players have ramped up production of UV disinfection equipment and associated components to cater to the increasing demand from municipal, residential, industrial, and commercial end users. Since during COVID-19, sanitation and cleanliness was most important, therefore UV disinfection equipment demand was increased. Companies in the UV disinfection equipment market developed devices that sanitized various items such as wallets, smartphones, and so on, through UV light. These aspects fueled the growth prospects of the UV disinfection equipment market. As a result, the pandemic had a positive effect on global UV disinfection equipment market growth.

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