Development of Standards and Codes in Water Industry Accelerating Growth Opportunities in the UV Light Disinfection Market in the US: Technavio Report

Renewable energy

 

  • The key vendors in the UV Light Disinfection Market in the US 2015-2019 are Advanced UV Inc., GE Electric Co. (GE) and Severn Trent Services Inc.

London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the UV Light Disinfection Market in the US 2015-2019.   One major trend emerging in this market is rapid industrialization, which has led to increased usage of water, resulting in water scarcity. This, in turn, has increased the need for recycling and for disinfecting water. The UV Light Disinfection market in the US is expected to grow at a CAGR of 13.98 percent during the period 2015-2019.

“With the surge in water contamination and the depletion of freshwater sources, the US government has applied several standards and codes for water and wastewater treatment,” says Faisal Ghaus, Vice President of TechNavio Research.

“The development of standards and codes will help industries and manufacturing units conserve wastewater and reuse recycled water, which is expected to drive the demand for UV light disinfection equipment in the future.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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