Global UV Disinfection Equipment Market to Grow at a CAGR of 19.23% During 2024-2032, Aided by the Growing Hygiene Concerns

The Asia Pacific region holds a significant share of the UV disinfection equipment industry owing to rising hygiene concerns in the region. The approaching water crisis in countries such as India is leading to a surge in demand for efficient wastewater management, hence increasing the deployment of UV disinfection equipment. Moreover, the rising prevalence of water-based diseases in developing regions such as India is surging the adoption of UV disinfectant equipment, which is augmenting the growth of the market. The surge of the COVID-19 pandemic further increased research and development (R&D) activities in the region, hence leading to the development of innovative UV disinfection equipment. In addition, the initiation of various water projects in countries such as India and China to escalate the utilisation of natural water bodies is expected to augment the growth of the market in upcoming years.

Evoqua Water Technologies LLC (NYSE: AQUA), one of the leading companies in the market, acquired ATG UV Technology Limited in May 2019. The acquisition strengthened the company’s offering of water treatment. As ATG UV Technology Limited offers marine, municipal, oil and gas, and food and beverage industries, the acquisition would expand the company’s presence in such industries. The acquisition would further surge the company’s global footprint by deploying its ETS-UV products. Such mergers and acquisitions are increasing the development of UV disinfection equipment, which is providing impetus to the market growth.

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Market Analysis by Component Type, Application, End Use, and Region:

• The market, on the basis of component type, can be divided into UV lamps, ballasts/controller units, reactor chambers, and quartz sleeves, among others.

• Based on application, the industry can be divided into water and wastewater treatment, and air treatment, among others.

• The end uses of UV disinfection equipment include municipal, residential, commercial, and industrial.

• The regional markets for UV disinfection equipment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The rising use of UV disinfection equipment in the healthcare industry to prevent microbial transmission is aiding the market growth.

• The market has been driven by the growing demand for UV disinfection equipment to decontaminate various products during the COVID-19 crisis.

• The rising demand for UV disinfection equipment in the industrial and commercial sectors to enhance the quality of air and water is fuelling the growth of the market.

• The extensive use of UV disinfection equipment in water treatment owing to their cost-effectivity and durability is invigorating the growth of the UV disinfection equipment industry.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for UV disinfection equipment for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the component types, applications, end uses, and major regions of UV disinfection equipment.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global UV disinfection equipment market are Xylem Inc., Trojan Technologies Group ULC, Kuraray Co., Ltd, Atlantic Ultraviolet Corporation, and Evoqua Water Technologies LLC, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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