UV Disinfection Equipment Market are expected to close in on US$ 37 Bn in 2031 - Persistence Market Research

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15 Jun, 2021, 11:38 GMT

NEW YORK, June 15, 2021 /PRNewswire/ -- Traditional chlorine-based disinfection is being actively replaced by ultra-modern UV disinfection equipment, primarily because consumer as well as corporate understanding of the health risks associated with chemical disinfection. Chlorine-based treatment has been common owing to inexpensive nature of the gas; however, it is a highly toxic chemical that must be transported and handled with extreme caution.

UV disinfection inhibits the production of harmful by-products, coupled with its non-toxic nature toward the environment, UV disinfection equipment is fast becoming an alternative and a direct replacement technology to chemical (chlorine) disinfection.

Application of UV light is gaining traction with respect to wastewater treatment, given that it's a safer and cost-effective alternative over chemical disinfection, consequently, driving demand for UV disinfection equipment.

On the back of these factors, global sales of UV disinfection equipment are expected to close in on US$ 37 Bn in 2031. According to the report by Persistence Market Research, the market is estimated to register an impressive CAGR of around 16.5% over the forecast period of 2021-2031.

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Key Takeaways from Market Study

  • Rising demand for proper disinfection technologies as well as growing concerns regarding the safety and cleanliness of healthcare facilities is a prominent factor driving market expansion.
  • In terms of product, UV disinfection chambers are a highly preferred in the industrial sector due their numerous advantages, such as, they can be used for multiple tasks, less operating cost, etc.
  • Due to the increase in airborne infections, market participants have begun creating smart air disinfection equipment, and in order to attract customers, they are offering discounts through online retailing.
  • Since UV disinfection equipment does not leave any chemical traces and has low carbon footprint, its role in water and wastewater treatment plants is projected to surge over the forecast period.
  • The novel coronavirus outbreak in 2020 benefited the UV disinfection equipment industry, resulting in higher shipments of UV disinfection equipment and related parts, as well as higher revenues.

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"Establishment of online retailers is becoming increasingly popular in the market. Competitors are incorporating innovative technologies such as artificial intelligence, robotics, drone disinfection, sensor technology, and others that are gaining traction in the industry", says an analyst at Persistence Market Research.

Key Market Players

The report underlines groundbreaking insights into the competitive scenario of the UV disinfection equipment market, along with highlights of differential strategies used by manufacturers.

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Some of the key players identified across the value chain include Signify Holding, Hanovia Ltd, Calgon Carbon Corporation, Xylem Inc., Trojan Technologies Group ULC, Atlantium Technologies Ltd., Atlantic Ultraviolet Corporation., First Light Technologies Inc., Hitech Ultraviolet Pvt. Ltd., Evoqua Water Technologies LLC, Advanced UV, Inc., AquiSense Technologies, and Enaqua, among others.

Know More about Report Inclusions

Persistence Market Research published a new market report on the UV disinfection equipment market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of product, end use, application, and sales channel, across all major regions of the world.

The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in this space.

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