The report "UV Disinfection Equipment Market with COVID-19 Impact Analysis by Component (UV Lamps, Reactor Chambers), Power Rating (High, medium, low), Application (Water and Wastewater, Surface), End-user (Municipal, Residential), Geography - Global Forecast to 2026", size is estimated to be USD 4.8 billion in 2021 and projected to reach USD 9.2 billion by 2026, at a CAGR of 14.0%. The increasing demand for UV disinfection equipment to combat COVID-19 pandemic is among the factors driving the growth of the UV disinfection equipment market.
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Browse 171 market data Tables and 66 Figures spread through 235 Pages and in-depth TOC on "UV Disinfection Equipment Market by Geography - Global Forecast to 2026"
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Reactor chamber segment dominated UV disinfection market in 2020
The reactor chamber segment held largest share for UV disinfection market in 2020. They are responsible for adding the minimum dose of UV light to disinfect water, air, or surface, hence playing an important role in regulating the flow of water and UV dose in the system. Additionally, the reactor chambers control the flow of water through the systems. Thus, they capture the major share of the UV disinfection equipment market.
By application, surface disinfection application held the largest share in 2020
In 2020, the surface disinfection segment held the largest share of the UV disinfection equipment market. A sudden increase in the adoption of UV surface disinfection equipment has been observed, attributed to the outbreak of the COVID-19 pandemic. Besides, the rising concern pertaining to surface disinfection to curb the spread of the virus is increasing the demand for UV surface disinfection equipment.
By end user, industrial segment is projected to grow at second highest CAGR during forecast period
The industrial segment is expected to witness the second highest CAGR during the forecast period. In the pharmaceuticals, food & beverages, cosmetics, and other biochemicals industries, purification of water is an essential requirement to produce the highest quality of products. For this, powerful and effective UV disinfection systems are installed in industrial spaces. In the industrial segment, governments in countries such as Germany, the UK, the US, and China have introduced stringent guidelines for proper disposal and ways to disinfect wastewater, process water, air, and surface; this is driving the growth of the UV disinfection equipment market for this segment.
By region, Europe UV disinfection equipment market estimated held the second largest share in 2020
The demand for UV disinfection equipment in Europe is mainly driven by their surged use in water and wastewater disinfection applications. During the COVID-19, Europe was among the hardly-hit regions in the world. The demand for UV disinfection equipment meant for water and wastewater disinfection was shifted to air and surface disinfection equipment to curb the spread of the virus. High demand for UV disinfection equipment in hospitals has been observed in the region that is responsible for the growth of the overall market in Europe.
Xylem Inc. (US), Trojan Technologies (Canada), Halma Group (UK), Kuraray Co., Ltd. (Japan), Atlantic Ultraviolet Corporation (US), Evoqua Water Technologies LLC (US), Advanced UV, Inc. (US), American Ultraviolet (US), Atlantium Technologies Ltd. (Israel), and Hoenle AG (Germany), are some of the key players in the UV disinfection equipment market.
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