The UV Disinfection Equipment Global Market Report 2023, provides comprehensive information on the uv disinfection equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global UV disinfection equipment market is expected to grow from $3.97 billion in 2022 to $4.59 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The UV disinfection equipment market is expected to grow to $8.10 billion in 2027 at a CAGR of 15.3%.
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Technological advancement is a key trend gaining popularity in the UV disinfection equipment market. Major companies operating in the UV disinfection equipment market are focused on developing new technological solutions to strengthen their position. For instance, in October 2020, Energy Focus Inc., a US-based company operating in UV disinfection equipment, launched a portfolio of germicidal UV-C Disinfection (“UVCD”) products, with advanced, patent-pending technologies that have been designed to destroy 99.9+ percent* of various pathogens, including influenza and COVID-19es like SARS and SARS-CoV-2, in the air or on surfaces for improving indoor hygiene and sanitation.
The uv disinfection equipment market is segmented:
1) By Component: UV Lamp, Controller Unit, Quartz Sleeve, Reactor Chamber, Other Components
2) By Power Rating: Low, Medium, High
3) By Application: Water Treatment, Waste Water Treatment, Air Treatment, Food and Beverage Disinfection, Surface Disinfection
4) By End User: Residential, Commercial, Industrial, Municipal
Asia-Pacific was the largest region in the uv disinfection equipment market in 2022.
The table of contents in TBRC’s uv disinfection equipment market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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