The modern-day document posted via Report Ocean, titled “Ultraviolet (UV) Disinfection Equipment Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
UV Disinfection is amongst the most popular alternatives used across numerous applications today. The key driving factors for the market are cost effectiveness (as compared to other new disinfection methods), favorable government initiatives, the impending need of developing nations to provide safe drinking water, increasing awareness and demand for eco-friendly and energy efficient disinfection systems. However, there are certain restraints in this market such as the low cost of conventional disinfectants such as chlorine, lack of residual treatment and the declining share of F&B and surface disinfection applications.
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The global growth of this market is supplemented by developments in the healthcare/chemical industries, air treatment applications and global initiatives such as the UNs, Millennium Development Goals (MDGs) for water treatment.
The UV disinfection market is segmented into applications such as water treatment, wastewater treatment, air treatment, process water treatment, and surface disinfection. Water and wastewater treatment are the two most significant applications of the market having a comparatively larger market share over other applications. The water treatment application has the highest market share as it is a volume driven application. The wastewater application is expected to grow at the highest CAGR during the forecasted period of 2014 to 2020. Globally, lack of fresh water availability is a major concern; that has resulted in a growing emphasis on the treatment and reuse of wastewater, which, in turn, is expected to boost the growth of this application.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (LAMEA). The North American region has the highest market revenue due to early adoption of the technology and favorable government initiatives. The developing regions, such as LAMEA and APAC would witness unprecedented growth in the adoption of the UV disinfection technology during the forecasted period.
The analysis of key strategies adopted by the leading market players gives a comprehensive picture of the current market scenario. . Contract acquisitions followed by product launches are the most commonly used strategies in the UV disinfection equipment market, particularly for water treatment applications.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
UV Disinfection Equipment Market, Industry Analysis, Research & Forecast
KEY BENEFITS
The report provides an in-depth analysis of the current market scenario and highlights the future trends that would enable the stakeholders to make tactical and informed decisions
The market estimations are calculated for the forecasted period from 2014 to 2020 by considering 2013 as the base year
The geographic analysis would facilitate the companies in devising regional level strategies and plans Analysis of key applications based on growth potential and future prospects
The drivers, restraints and opportunities are analyzed considering their impact on the current situation and future market scenario
The key companies profiled in this report are Aquionics, Atlantic Ultraviolet Corporation, Calgon Carbon Corporation, Trojan Technologies, Philips Lighting, Xylem Inc., Severn Trent Services, Xenex Disinfection Services LLC. and American Ultraviolet, Inc.
KEY MARKET SEGMENTS
MARKET BY APPLICATION
Water Treatment
Municipal Water Treatment
Residential Water Treatment
Commercial Water Treatment
Wastewater Treatment
Air Treatment
Healthcare Facilities
Residential and Commercial
Bio-Terror Agents
Process Water Treatment
Food and Beverage Disinfection
Others
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MARKET BY GEOGRAPHY
North America
Europe
Asia-Pacific
LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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