February 3, 2020

Ultraviolet (UV) Disinfection Equipment

The global ultraviolet disinfection equipment market was valued at USD 1.73 billion in the year 2016 and is estimated to grow with a CAGR of 23.3% during the forecast period of 2017 to 2022. Easy installation and low environmental impacts associated with the UV disinfection system as compared to conventional chemical disinfection methods are the factors that are driving the growth of the market during the forecast period.

Depending upon its application in drinking water, wastewater and process water treatment, commercially the equipment is available with various specifications such as varying sizes and capacities. The growth of the market is also based upon factors such as High R&D investments by the manufacturers to increase its performance for large volume applications such as municipal drinking water and industrial process water treatment.

Wastewater treatment equipment to hold the largest share in the market during the forecast period.

The equipment in the wastewater treatment accounted for the largest share in the market in the year 2016 and the trend is estimated to continue throughout the forecast period. Large quantities of wastewater are been generated with the increase in the growth of chemical, textile and oil & gas industries in emerging economies. Increasing investments in the recycling of wastewater by various private and government bodies across the globe are driving the growth of the market.

Presence of low-cost alternative disinfection techniques to hamper the growth of the market.

The growth of the market is been hindered due to the presence of low-cost alternative disinfection techniques including chemical, ultrasonic treatment and ozonation. However, UV disinfection equipment is environment-friendly, more effective and non-corrosive which is expected to offer it a distinctive competitive advantage over its counterparts.

North America to dominate the global market throughout the forecast period.

Based on geography, North America is estimated to hold a major share in the market. Extensive use of the technology in food and beverage and water & wastewater treatment industry are the factors that are estimated to propel the growth of the global market during the forecast period. It is also estimated for the Asia Pacific region to witness the growth in the market at the fastest rate. Growing population in the countries of China and India and the declining rate of freshwater owing to the unusual rainfall has resulted in the decrease in the rate of potable water and this factor is estimated to augment the growth of the wastewater treatment industry during the forecast period.

The following are the major objectives of the study:

  • To define, describe, and forecast the global ultraviolet disinfection equipment market on the basis of product, application and region.
  • To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, and opportunities).
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market.
  • To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players.
  • To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
  • To strategically profile the key market players and comprehensively analyze their market shares and core competencies.
  • To track and analyze competitive developments such as acquisitions, expansions, new product launches, agreements, and collaborations in the global ultraviolet disinfection equipment market.

To learn more about this report @ https://www.grandresearchstore.com/report-sample/global-ultraviolet-disinfection-equipment-2019-2024-313

Critical Questions which the report answers:

  • What are the major vendor/manufacturers in the market? What is their growth potential during next decade?
  • What are the key revenue generating pockets for global ultraviolet disinfection equipment market and their future potential during next decade?
  • How competitive landscape is evolving in global ultraviolet disinfection equipment market?