The UV disinfection equipment market would garner revenue of USD 3.6 billion by 2020. The significance of different disinfection methodology like UV disinfection is growing by the day, as these strategies are higher than typical chemical based disinfection. The key driving factors for the market are value effectiveness as compared to alternative new disinfection ways, new government initiatives for UV disinfection, and issues of emerging nations to provide safe drinking water, environmentally friendly disinfection system and the use of UV led in disinfection saves energy. However, there are some restraints like low price of typical disinfectants like chlorine, lack of treating the residuals by UV disinfection equipment and decline in the share of food & food and surface disinfection applications. The key opportunities for the market exist healthcare & chemical industries for air treatment application and Millennium Development Goals (MDGs) of the UN for water treatment.
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The major driving factors of Ultraviolet disinfection equipment Market are as follows:
Cost effectivity as compared to other new disinfection methods
The new government initiatives is expected to drive the UV disinfection equipment market
Increasing concerns in emerging nations regarding safe drinking water
It is an environmentally suitable disinfection system
The advent of UV LED saves energy
The restraining factors of Ultraviolet disinfection equipment Market are as follows:
Cost of conventional disinfectants is low as compared to UV lights
Lack of residual ability of UV disinfection equipment
The opportunities of Ultraviolet disinfection equipment Market are as follows:
Healthcare and chemical industries offer growth opportunities in air treatment applications
Millennium development goals of the UN offers growth opportunities in water treatment
The Ultraviolet disinfection equipment Market is segmented on the lines of its application and regional. Based on application segmentation it covers water treatment, wastewater treatment, air treatment, process water treatment and surface disinfection. The Ultraviolet disinfection equipment Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, and GCC countries.
This report provides:
This report covers the present scenario and the growth prospects of the global Water and Wastewater Management market for 2019-2026. To calculate the market size, the report considers the revenue generated from the sales of robotic pharmacy prescription systems.
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