Ultraviolet Disinfection Equipment Market Size Worth $8.39 Billion By 2028: Grand View Research, Inc.

Ultraviolet Disinfection Equipment Market Size Worth $8.39 Billion By 2028: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Nov. 18, 2021

SAN FRANCISCO, Nov. 18, 2021 /PRNewswire/ -- The global ultraviolet disinfection equipment market size is expected to reach USD 8.39 billion by 2028, registering a CAGR of 12.1% over the forecast period, according to a new report by Grand View Research, Inc. The rising prevalence of coronavirus coupled with the increasing R&D spending is expected to boost the product demand over the forecast period.

Grand View Research

Key Insights & Findings:

Read 167 page research report, "Ultraviolet Disinfection Equipment Market Size, Share & Trends Analysis Report By End-use (Municipal, Residential), By Application (Water & Wastewater, Air Treatment), By Component Type, And Segment Forecasts, 2020 - 2028", by Grand View Research

The COVID-19 pandemic has increased the pressure on the healthcare systems of numerous countries. Growth in the COVID-19 cases has resulted in a wide range of hospitals incorporating ultraviolet (UV) systems to disinfect the high-risk indoor setting, which, in turn, is expected to increase the product demand over the coming years.

UV has been a choice of disinfectant to ensure bacteria-free water in industries, such as food & beverage and pharmaceutical. However, the rising demand for disinfection technologies owing to the increasing industrial liquid waste is expected to create opportunities for UV disinfection systems in the wastewater treatment industry over the forecast period.

Rising awareness about the product's ability to provide protection against cryptosporidium outbreaks is anticipated to support market growth. Furthermore, these systems have a low environmental footprint and consume less energy, which will drive UV disinfection equipment market growth.

Grand View Research has segmented the global ultraviolet disinfection equipment market on the basis of component type, application, end-use, and region:

List of Key Players of Ultraviolet Disinfection Equipment Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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