PORTLAND, Oregon, July 8, 2020
Growing concerns regarding safe drinking water in developing nations and rise in demand for UVC lamps for air treatment and surface disinfection during the Covid-19 pandemic augment the growth of the global ultraviolet disinfection equipment market
PORTLAND, Oregon, July 8, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Ultraviolet (UV) Disinfection Equipment Market by End-Use Industry (Residential, Commercial, and Industrial), Component (UV Lamp, Controller Unit, Quartz Sleeve, Reactor Chamber, and Others), Application (Water Treatment, Wastewater Treatment, Air Treatment, Food & Beverage Disinfection, and Surface Disinfection), and Marketing Channel (Direct Marketing and Indirect Marketing): Global Opportunity Analysis and Industry Forecast, 2020–2027 ." According to the report published by Allied Market Research, the global ultraviolet disinfection equipment market garnered $1.3 billion in 2019, and is projected to reach $5.7 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.
Key determinants in the market-
Growing concerns regarding safe drinking water in developing nations and rise in demand for UVC lamps for air treatment and surface disinfection during the Covid-19 pandemic augment the growth of the global ultraviolet disinfection equipment market. Conversely, higher cost associated with UV lamps as compared to conventional disinfectants impedes the market growth. Nevertheless, growing adoption of far-UVC lamps for surface disinfection ushers new opportunities for the market players in the near future.
Download Report Sample (394 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/253
The residential segment dominated the market in 2019-
Based on end-use industry, the residential segment accounted for the largest share in 2019, contributing to more than two-fifths of the global ultraviolet disinfection equipment market, and is estimated to maintain its dominant position during the forecast period. This is due increase in demand for clean and safe drinking water, owing to rise in population and decline in freshwater resources. Conversely, the commercial segment is estimated to portray the highest CAGR of 17.8% during the forecast period. This is attributed to its wide use in agriculture and horticulture applications to treat irrigation water to make it free from plant pathogens.
The controller unit segment to lead the trail throughout 2027-
Based on component, the controller unit segment held the largest share in 2019, holding nearly one-third of the global ultraviolet disinfection equipment market, and is expected to maintain the largest share throughout the forecast period. This is due to growing demand for smart controller unit. Nevertheless, the UV lamp segment is expected to register the highest CAGR of 17.7% from 2020 to 2027. This is due to surge in demand for UV-C lamps to be used for surface disinfection and air treatment.
Get detailed COVID-19 impact analysis on the UV Disinfection Equipment Market: https://www.alliedmarketresearch.com/request-for-customization/253?reqfor=covid
North America to rule the roost throughout 2027-
Based on region, North America dominated the global ultraviolet disinfection equipment market in 2019, accounting for more than one-third of the total market share in 2019, and will maintain its dominance throughout the forecast period. This is due to the development of new UV disinfection equipment such as cost-efficiency, more effective, environmentally friendly, easily to operate, and residue-free. However, Asia-Pacific is expected to grow at the highest CAGR of 17.6% from 2020 to 2027. This is owing to surge in demand for UV disinfection equipment over chemical-based techniques across the region.
Leading market players-
Interested in Procure Data? Visit Here: https://www.alliedmarketresearch.com/UV-disinfection-equipment-market/purchase-options
Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access
Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.
Avenue Library Subscription | Request for 14 days free trial of before buying:
Similar Reports We Have:
Macrofiltration Market: Global Macrofiltration Market size was valued $6.2 billion in 2019, and is projected to reach $9.9 billion by 2027, at a CAGR of 6.2% from 2020 to 2027.
Smart Air Purifiers Market: Global Smart Air Purifiers Market is expected to reach $11,403.0 million by 2025, growing at a CAGR of 12.2% from 2018 to 2025.
Ozone Generation Market: Global Ozone Generation Market is expected to reach at $1,486 million by 2023, registering a CAGR of 7.4% from 2017 to 2023.
Filtration & Separation Market: Global Filtration & Separation Market size is projected to reach $116,123.0 million by 2026, growing at a CAGR of 3.3% from 2019 to 2026.
Air Quality Control Systems Market: Global Air Quality Control Systems Market is projected to reach $144,091.2 million by 2026, growing at a CAGR of 5.2% from 2019 to 2026.
Pre-Book Now with 12% Discount:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: 1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow us on: LinkedIn Twitter