According to the latest market research study released by Technavio, the global ultraviolet disinfection equipment market is expected to grow at a CAGR of close to 16% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the global ultraviolet disinfection equipment market based on application:
Global ultraviolet disinfection equipment market share by application 2015
|
Drinking Water |
57.34% |
|
Industrial Water |
18.54% |
|
Wastewater |
13.17% |
|
Air Treatment |
9.97% |
|
Others |
0.98% |
Source: Technavio
The top three revenue contributing product segments are discussed below:
Global ultraviolet disinfectant equipment market by drinking water segment
The global ultraviolet disinfection equipment market by drinking water was valued at almost $1 billion in 2015 and is predicted to grow at a CAGR of around 12% by 2020. The growing requirement for better provision of safe drinking water, especially in the residential sector, is driving the growth of this market segment. Ultraviolet disinfection is regarded as a safer substitute to chemical disinfection for water purification. The vendors in the market are investing in technological advances that offer manufacturing, design, and process control, and helps in producing cost-effective disinfection solutions.
“Ultraviolet radiation is primarily used to treat and kill pathogens and micro-organisms such as bacteria or parasites and helps in removing contaminants from water. Vendors are launching innovative products after the introduction of new drinking water regulations and stricter limits on contaminants to minimize the risk to end-consumers. This technology is used for pre-oxidation before filter to remove organic as well as inorganic matter from water. This method also eliminates odor and taste and produces fewer dangerous by-products. The government bodies across the globe is implementing rules to provide safe drinking water and public water systems which will result in increasing demand in the market,” says Thanikachalam, a lead analyst at Technavio for research on water and waste management.
Global ultraviolet disinfectant equipment market by wastewater
The global ultraviolet disinfection equipment market by wastewater was valued at around 180 million and is anticipated to grow at a CAGR of over 29% by 2020. The rising awareness of preserving the natural environment will make it the fastest-growing market segment over the period of next four years. The initiatives undertaken by the government and other organizations towards the creation of an environmentally-sustainable industrial and commercial development framework will have a positive impact on this market segment. Several municipal wastewater utilities have implemented ultraviolet disinfection systems over chemical chlorine disinfection as these are an effective, safe, environment-friendly, and cost-effective mechanism. The advanced treatment and reuse of wastewater, that is water reclamation, are becoming very common as municipalities face high water requirement and diminishing supplies resulting in the growing requirement for ultraviolet disinfection equipment.
Global ultraviolet disinfectant equipment market by industrial water application segment
The global ultraviolet disinfection equipment market by the industrial water segment was valued at about $256 million and is predicted to grow at a CAGR of close to 18% by 2020. The emergence of high standards of hygiene in several industries will promote the development of this market segment. This technology is best suited for industries like the food processing, bottled water, beverage, and pharma processing sectors. This method is gaining traction across industries as these are extremely efficient and non-chemical method of disinfection. Ultraviolet disinfection systems kill all food spoilage micro-organisms, including bacteria viruses, molds, and yeasts, is environment-friendly technology that requires low maintenance. The growing demand for environment-friendly and chlorine-free products will help in the growth of this market segment.
Global ultraviolet disinfectant equipment market by air treatment application segment
The global ultraviolet disinfection equipment market for air treatment was valued at around $138 million and is predicted to grow at a CAGR of more than 10% by 2020. The extensive use of equipment lamps for air treatment odor control such as removal of VOCs (volatile organic compounds) from ambient air will propel the growth of this market segment. The vendors are integrating the ultraviolet germicidal irradiation (UVGI) into HVAC systems to attract more consumers and higher investments options.
The top leading vendors operating in the global ultraviolet disinfection equipment market are:
- Aquionics
- Atlantic Ultraviolet
- GE Lighting
- Philips Lighting
- Trojan Technologies
Other prominent vendors in the market include American Ultraviolet, Atlantium Technologies, Calgon Carbon Corporation, Enaqua, Evoqua Water Technologies, Xenex Disinfection Services, and Xylem.
A more detailed analysis is available in the Technavio report titled, ‘Global Ultraviolet Disinfection Equipment Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Commercial Water Treatment Equipment Market 2016-2020
- Global Portable Water Purification Systems Market 2016-2020
- Global Sedimentation and Centrifugation Market 2015-2019
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