DUBLIN, Dec 7, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Ultraviolet Disinfection Equipment Market 2016-2020" report to their offering.
The report forecasts the global ultraviolet disinfection equipment market to grow at a CAGR of 15.93% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is onset of LED technology in ultraviolet lighting systems. If we consider the technology employed in the operation of the ultraviolet disinfection equipment, ultraviolet light emitting bulbs are an important component. The entire operation can be considered useless without these bulbs. However, the reliability of the bulbs that have been conventionally used in these systems has been a serious issue. The replacement of these lighting systems has been considered as the Achilles heel for ultraviolet disinfection systems. However, the emergence of the utilization of light-emitting diode (LED) bulbs in these lighting systems has caused significant changes to reliability issues of the ultraviolet disinfection systems.
According to the report, one of the primary drivers in the market is increased need for drinking water due to booming population. Rapid multiplication of the global population is one of the most important trends that have emerged over the past century. As on 2016, the global population was pegged at 7.4 billion, which is a significant number, considering the fact that in 1800, less than a billion people inhabited the earth. The main area of concern for the global economy is the growth rate of this booming population. Between the years 1950 and 2000, the global population doubled more than from 2.5 billion to almost 5.2 billion. As countries experience a boom in its citizen population, the need for the basic infrastructure needed to sustain life.
Further, the report states that one major challenge in the market is intense competition between local and global vendors.
- Atlantic Ultraviolet
- GE Lighting
- Philips Lighting
- Trojan Technologies
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/7fcgkt/global
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SOURCE Research and Markets