AP NEWS
ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Ultraviolet (UV) Disinfection Equipment Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com

April 15, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Apr 15, 2021--

The “Ultraviolet (UV) Disinfection Equipment - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Ultraviolet (UV) Disinfection Equipment estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$8.5 Billion by 2027, growing at a CAGR of 18.1% over the analysis period 2020-2027.

ADVERTISEMENT

UV Lamps, one of the segments analyzed in the report, is projected to record a 20.2% CAGR and reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ballasts / Controller Units segment is readjusted to a revised 18.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $716 Million, While China is Forecast to Grow at 23.5% CAGR

The Ultraviolet (UV) Disinfection Equipment market in the U.S. is estimated at US$716 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 23.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 16% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR.

Quartz Sleeves Segment to Record 16.2% CAGR

In the global Quartz Sleeves segment, USA, Canada, Japan, China and Europe will drive the 15.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$392.9 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2027, while Latin America will expand at a 17.9% CAGR through the analysis period.

Select Competitors (Total 34 Featured):

ADVERTISEMENT

  • Advanced UV, Inc.
  • American Ultraviolet
  • Atlantic Ultraviolet Corporation
  • Atlantium Technologies LTD.
  • Evoqua Water Technologies LLC
  • Halma PLC
  • Hoenle AG
  • ITT Wedeco
  • Kuraray Co., LTD
  • Lumalier Corporation
  • Siemens Water Technologies
  • Trojan Technologies
  • Xenex
  • Xylem Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 34

For more information about this report visit https://www.researchandmarkets.com/r/dc7lza

View source version on businesswire.com:https://www.businesswire.com/news/home/20210415005772/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 04/15/2021 11:29 AM/DISC: 04/15/2021 11:29 AM

http://www.businesswire.com/news/home/20210415005772/en