by UV disinfection equipment is widely utilized for disinfection of water and wastewater from harmful pathogens. UV disinfection equipment uses ultraviolet light at particular wavelengths that can deactivate or inactivate microorganisms by destroying nucleic acids and disrupting their DNA, leaving them unable to perform vital cellular functions. UV disinfection equipment effectively destroys cryptosporidium and giardia, which are resistant to chlorine and are most commonly used for disinfection of municipal drinking water and wastewater from residential and industrial sources. They provide a chemical-free method to purify water and are highly effective at neutralizing bacteria, viruses, and other pathogens.
The global UV Disinfection Equipment Market is estimated to be valued at US$ 4.19 Bn in 2023 and is expected to exhibit a CAGR of 16% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends
One of the major trends in the UV disinfection equipment market is the growing adoption of UV LED technology. UV LEDs offer various advantages over conventional low-pressure and medium-pressure mercury lamps such as longer lifespan of around 10,000 hours, compact size, mercury-free operation, and greater energy efficiency. The higher energy efficiency of UV LEDs is a significant factor driving their increasing adoption. Furthermore, technological advancements have led to the development of UV LEDs that can deliver powerful UV output required for disinfection applications. Another key trend gaining traction in the market is the increasing integration of UV disinfection units with existing water treatment systems. Leading UV disinfection equipment manufacturers are focusing on developing integrated and modular units that can be easily retrofitted into existing water and wastewater treatment plants. This eases installation and reduces capital investment costs.
Porter’s Analysis
Threat of new entrants: The UV disinfection equipment market requires high initial capital investments and strong technological capabilities which pose barriers for new players.
Bargaining power of buyers: The presence of numerous established players provides buyers with varied options to choose from, increasing their bargaining power.
Bargaining power of suppliers: The availability of raw materials from multiple sources limits the bargaining power of suppliers in this market.
Threat of new substitutes: While other disinfection methods exist, UV technology offers a chemical-free solution, restricting the threat of substitutes.
Competitive rivalry: Being a consolidated market with the top players accounting for majority share, competitive rivalry in the UV disinfection equipment market is high.
Key Takeaways
The global UV Disinfection Equipment Market Trends is expected to witness high growth over the forecast period.
Regionally, North America dominates the market currently due to stringent regulations regarding water disinfection. The Asia Pacific region is projected to be the fastest-growing market during the forecast period owing to increasing industrialization and rising awareness about water disinfection.
Key players operating in the UV disinfection equipment market are Severn Trent Plc, Calgon Carbon Corporation, Xylem Inc., Trojan Technologies, General Lighting, Aquionics, Atlantium Technologies Ltd., Atlantic Ultraviolet Corporation, FirstLight Technologies Ltd., Green Water Technologies, Evoqua Water Technologies LLC, Advanced UV, Inc., Hydro, Photon, makers of SteriPEN, and Enaqua. Sustained investments in new product development will help these players strengthen their positions in the market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
