May 22, 2024
UV Disinfection Equipment Market

UV Disinfection Equipment Market is Set for Robust Growth Due to Increasing Adoption of UV Disinfection Technologies

The UV disinfection equipment market has witnessed steady growth in recent years driven by factors such as growing awareness about UV disinfection, rising concern towards environment and hygiene, and increasing adoption of UV disinfection technologies across various end-use industries. UV disinfection equipment uses short-wavelength ultraviolet light to kill or inactivate microorganisms by destroying nucleic acids and disrupting their DNA, leaving them unable to perform vital cellular functions. These equipment are used widely for disinfecting air, water, and surfaces.

The Global UV disinfection equipment market is estimated to be valued at US$ 4.83 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031.

Key Takeaways

Key players

Key players operating in the UV Disinfection Equipment Market Growth are Xylem Inc., Halma PLC, Kuraray Co., Ltd., Atlantic Ultraviolet Corporation, Evoqua Water Technologies LLC. Xylem Inc. is one of the prominent players offering a wide range of UV disinfection equipment for water and wastewater treatment plants.

Key opportunities

Rising adoption of UV disinfection in water treatment applications presents significant growth opportunities. Growing focus on wastewater recycling and reuse will further fuel the demand. The advent of IoT-enabled UV disinfection systems is expected to boost market potential over the forecast period.

Global expansion

Key players are focusing on expanding their global footprint especially in emerging Asian and Latin American markets where awareness is rising and infrastructure development is underway. Strategic partnerships with EPC players and local suppliers assist in rapid market penetration.

Market drivers

The major market driver is the increasing adoption of UV disinfection technologies across different end-use industries such as healthcare, pharmaceutical, food & beverage, and water & wastewater treatment. As UV disinfection is a chemical-free process effective against various pathogens, its demand is rising, especially in the wake of the ongoing pandemic. Stringent regulations regarding environment and hygiene further propel the uptake of UV disinfection equipment globally.

PEST Analysis

Political: Government policies and regulations regarding water and air disinfection. Laws pertaining to the use of UV equipment in water and wastewater treatment plants.

Economic: Global economic conditions influencing capital expenditure on UV equipment. Demand linked to growth in end-use industries like food and beverage processing.

Social: Increasing awareness about waterborne diseases and importance of disinfected air and water. Rising health standards influencing adoption in commercial and residential settings.

Technological: Advancements in LED and other UV light sources enabling compact equipment design. Developments in real-time monitoring and remote operation features. Integration of IoT and AI for predictive maintenance and performance monitoring.

Regions with concentrated market value

North America accounts for the largest share of the global UV disinfection equipment market in terms of value. Presence of leading manufacturers and rising demand from the food and beverage industry are some factors boosting adoption. Standard regulations regarding use of UV technology in water treatment also support regional market growth.

Fastest growing region

The Asia Pacific region is expected to witness the fastest growth during the forecast period. Factors such as growing population, rapid urbanization and industrialization are driving demand for clean water. Additionally, support from government initiatives focused on water management will augment regional expansion of the UV disinfection equipment market. Countries like China, India and South Korea are major revenue generators.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it