PUBLISHER: Inkwood Research | PRODUCT CODE: 1277633
PUBLISHER: Inkwood Research | PRODUCT CODE: 1277633
The global UV disinfection equipment market is predicted to reach a CAGR of 7.53% during the forecast period, 2023-2032. The UV technology's cost-effectiveness and environmental-friendly quality, alongside the increasing government initiatives, drive the global market's prospects.
Disinfection applications of the UV spectrum leverage wavelengths between 100 nm and 280 nm. The recent major development in the UV disinfection equipment market is the usage of UV lights during COVID-19 for surface and air disinfection applications in hospital environments. Compared to UV disinfection, traditional disinfection technologies are more expensive despite the latter being efficient disinfection strategies. In addition, UV disinfection is used in several applications since ozonation is a complicated process.
Furthermore, UV systems ensure that end-users get the highest quality with regard to germicidal efficacy, notwithstanding the source for commercial or residential systems. This becomes relevant for regions with limited access to clean water. This is because UV technologies facilitate possibilities for treating water-contaminated sources to potable quality in areas without municipal distribution systems. Such characteristics of UV disinfection equipment increase its revenue growth opportunities in the global market.
The global UV disinfection equipment market growth assessment includes the geographical evaluation of North America, Europe, Asia-Pacific, and Rest of World. Asia-Pacific is the prominent region in terms of CAGR. The region's growth prospects are accredited to the enormous potential exhibited by sectors like construction, healthcare, municipal, and industrial.
The high industry rivalry is due to the large supplier/manufacturer base in the market with similar products. Some of the prominent market players include Calgon Carbon Corporation, Germitec, Danaher Corporation, etc.