UVC DISINFECTION MARKET ANALYSIS (2023 - 2030)
The worldwide UVC disinfection market size is assessed to be USD 4.8 billion by 2021 and projected to arrive at USD 9.2 billion by 2027, at a CAGR of 14.0%. The developing concern for safe drinking water arising nations is one of the essential variables driving business sector development. Also, the long life and low power utilization of UVCC LED-based UVC disinfection will drive the interest for these items sooner rather than later. States across various areas, like North America, Europe, and APAC, have embraced severe administrative measures relating to supplying spotless and safe drinking water to their masses. Guidelines have been characterized for water, air, and surface disinfection, particularly in the modern and metropolitan portions. The associations and government bodies that have forced guidelines fordisinfection incorporate the European Commission (EC) and government organizations like the US Environmental Protection Agency (EPA) and the US Food and Drug Administration (FDA). In this way, while assembling and introducing disinfection frameworks, organizations and project workers are compelled to comply with the severe rules.
COVID-19 IMPACT ON THE GLOBAL UVC DISINFECTION MARKET
In 2020, COVID-19 decidedly affected the UVC disinfection market, bringing about expanded shipments of UVC disinfection hardware as well as related parts and the incomes produced from them. Thus, a spike was seen in the development pattern of the market during the principal half of 2020. This pattern is supposed to keep on filling in the last 50% of the year as the interest is supposed to build because of the developing worry for surface disinfection.
The COVID-19 episode impacted the stockpile of UVC disinfection and their parts as the makers can't satisfy the developing need and their creation volume has been depleted. These makers expect to expand their creation offices to satisfy the rising need of end clients, which is beyond the realm of possibilities in a brief period.
KEY MARKET DEVELOPMENTS
- Medium-power rating fragment is projected to enlist the most elevated CAGR from 2022 to 2027. The market for medium-power UVC disinfection hardware is supposed to develop at the most elevated CAGR during the conjectured time frame. Inferable from the lower power utilization of UVC LEDs, UVC LED-based medium-power UVC disinfection hardware offer result like mercury UVC high-power UVC disinfection. Moreover, UVC LEDs offer a more extended life contrasted and mercury UVC lights. Thus, the flooding reception of UVC LED-based disinfection across different end-use applications drives the development of a medium-power UVC disinfection hardware portion on the lookout.
- The water and wastewater section is projected to enlist the most elevated CAGR from 2022 to 2027. The predominance was ascribed to the most noteworthy development pace of the UVC disinfection market for water and wastewater application across the world. Further, the rising concern in regards to water and wastewater treatment among legislatures across the world prompted the rising execution of severe unofficial laws relating to safe and harmless the ecosystem treatment of water and wastewater.
- The residential fragment held the second-biggest portion of the UVC disinfection market in 2020. UVC disinfection hardware can be utilized for water, air, and surface disinfection in the private area. They are significantly utilized in the American and European nations for disinfection applications. Because of COVID-19, an expansion sought after for UVC disinfection for cell phones, food, and electronic disinfection has been noticed, which thus is supporting the market development.
- In 2021, APAC held the biggest portion of the UVC disinfection hardware market and this pattern is supposed to go on during the gauge time frame. Fruitful activities, for example, the Clean Ganga project in APAC are adding to the development of the market in the district. Additionally, the high reception pace of UVC innovation in nations like China, Japan, South Korea, and India, alongside the rising number of new businesses managing UVC innovation, drives the development of the UVC disinfection hardware market in APAC.
- Xylem Inc. (US), Trojan Technologies (Canada), Halma Group (UK), Kuraray Co., Ltd. (Japan), Atlantic Ultraviolet Corporation (US), Evoqua Water Technologies LLC (US), Advanced UVC, Inc. (the US), American Ultraviolet (US), Atlantium Technologies Ltd. (Israel), and Hoenle AG (Germany) are some of the key players in the UVC disinfection market.
KEY MARKET DEVELOPMENTS
- In December 2020, Evoqua Water Technologies LLC procured the Industrial Water business of secretly held Ultrapure and Industrial Services, LLC, an auxiliary of Driessen Water, Inc.
- In July 2020, Halma's UVC Group of organizations (Aquionics, Berson, and Hanovia) sent off the AirLineUVCv, a UVCC gadget for HVAC frameworks.
- In January 2020, Xylem Inc. opened its new multi-disciplinary community for water, wastewater, and energy advancements at the organization's provincial base camp in Singapore.
SEGMENTATION
Based on power rating:
Based on application:
- Water and Wastewater Disinfection
- Process Water Disinfection
- Air Disinfection
- Surface Disinfection
Based on end-user
- Residential
- Commercial
- Industrial
- Municipal
Based on the region:
- Asia-Pacific
- North America
- Europe
- Latin America
- The middle east and Africa
