by UV lamps, also known as ultraviolet lamps, are electrical lamps that produce ultraviolet light. UV lamps are widely used for curing and drying inks and coatings, sterilizing water, air and surfaces, and disinfecting area. They are also used for analytical applications such as DNA sequencing. UV lamps are fabricated from quartz, which transmits UV-C rays. The global UV lamps market encompasses various technology segments such as LED UV lamps, UV mercury lamps and excimer UV lamps. The UV lamps find applications across industries like healthcare, commercial printing, residential/commercial water and air treatment, and light therapy among others.
The global UV Lamps Market is estimated to be valued at US$ 741.3 Mn in 2023 and is expected to exhibit a CAGR of 14% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics
The growing demand for UV lamps for water treatment applications is expected to drive the market growth over the forecast period. One of the key opportunities for UV lamps is in disinfecting water to make it safe for drinking and industrial use. UV lamps effectively deactivate microorganisms like bacteria and viruses in water by disrupting their DNA, thus making water microbiologically safe. With growing concerns over clean water availability across the world, the use of UV disinfection systems in residential, commercial and municipal water treatment plants is increasing which will boost the demand for UV lamps. Furthermore, superiority of UV light over chemicals in water treatment without leaving any residues is also fueling its adoption rate.
Stringent regulations regarding wastewater treatment before discharge will further propel the market growth. Regulatory bodies across regions have imposed strict norms on industries for efficient treatment of wastewater before letting it out into water streams. This is increasing installation of UV disinfection systems in industrial wastewater treatment plants to deactivate harmful organisms and purge wastewater of contamination. Expansions and new projects in municipal and industrial wastewater treatment vertical will subsequently increase the sales of UV lamps.
Segment Analysis
The global UV lamps market is dominated by UV LED and UV mercury lamps sub-segments. UV LED lamps accounted for around 45% share of the global market in 2023 on account of various advantages offered such as eco-friendly nature, high energy efficiency, longer operational life and compact size. UV LED lamps find wide application in curing, disinfection and other purposes.
PEST Analysis
Political: Stringent regulations regarding the usage of mercury-based lamps are driving the adoption of eco-friendly UV LED lamps. Various governments are promoting the use of energy efficient lighting solutions.
Economic: Growth of end-use industries such as healthcare, printing and water treatment is driving the demand for UV lamps. However, high initial costs of UV LED lamps could hamper their adoption in price sensitive markets.
Social: Rising health awareness is positively impacting the water treatment and air disinfection application of UV lamps.
Technological: Continuous advancements in UV LED technology such as improvement in chip designs and manufacturing processes have improved the performance and reduced the costs of UV LED lamps. This is encouraging their substitution of UV mercury lamps.
Key Takeaways
The global UV lamps market is expected to witness high growth over the forecast period led by increasing demand from wastewater treatment plants, life sciences industry and other end-use industries. North America accounted for around 30% share of the global market in 2023 driven by large pharmaceutical and healthcare industries in the region.
The water treatment application is the dominating segment in the global UV lamps market. Large number of wastewater treatment projects across various countries are driving the consumption of UV lamps in water treatment plants.
Key players operating in the UV lamps market are Georgia-Pacific LLC, International Paper Company, Lenzing AG, Grasim Industries Ltd., Sateri Holdings Limited, Aditya Birla Group, Tangshan Sanyou Xingda Chemical Fiber Co., Ltd., Barnhardt Manufacturing Company, Shanghai Textile Raw Materials Corporation, Shandong Silver Hawk Chemical Fibre Co., Ltd., Thai Rayon Public Company Limited, Xinjiang Zhongtai Chemical Co., Ltd., Shandong Demian Incorporated Company, Gujarat Ambuja Exports Limited, and North Alabama Cotton Cooperative. These players are focusing on new product launches and expansion in different geographies to strengthen their position in the market.
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Source: Coherent Market Insights, Public sources, Desk research
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