April 13, 2024
UV Disinfection Equipment Market

The UV disinfection equipment market is driving demand as a sustainable alternative to Chemical Disinfection

The UV disinfection equipment market consists of equipment that uses ultraviolet (UV) radiation to kill or inactivate microorganisms by destroying nucleic acids and disrupting their DNA, leaving them unable to perform vital cellular functions. UV disinfection technology provides an environment-friendly alternative to chemicals for disinfecting air, water, and surfaces. It is widely used for disinfecting industrial water, drinking water treatment, wastewater treatment, and air disinfection. UV disinfection equipment helps reduce the ill effects of chlorine and other disinfecting chemicals on the environment. It is a highly efficient and cost-effective disinfection process that does not result in the production of harmful disinfection by-products.

The Global UV disinfection equipment market is estimated to be valued at US$ 4.83 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the UV Disinfection Equipment Market Demand are Xylem Inc., Trojan Technologies, Halma PLC, Kuraray Co., Ltd., Atlantic Ultraviolet Corporation, Evoqua Water Technologies LLC, Advanced UV, Inc., American Ultraviolet, Atlantium Technologies Ltd., and Lumalier Corp.

Key players operating in the UV disinfection equipment market are Xylem Inc., Trojan Technologies, Halma PLC, Kuraray Co., Ltd., Atlantic Ultraviolet Corporation, Evoqua Water Technologies LLC, Advanced UV, Inc., American Ultraviolet, Atlantium Technologies Ltd., and Lumalier Corp. The growing concerns regarding water safety and the increasing awareness about environment protection are fueling the demand for UV disinfection equipment globally. Stringent regulations pertaining to wastewater recycling and disinfection are further driving the market.

The global expansion of the water and wastewater treatment industry along with increasing investments in municipal infrastructure in developing nations are providing new growth opportunities for UV disinfection equipment manufacturers. Rapid industrialization and urbanization are also propelling the demand for UV disinfection systems across regions.

Market key trends

The development of integrated UV disinfection systems for multi-application usage is a key trend gaining traction in the market. Manufacturers are focusing on developing advanced equipment with combination technologies that can deliver disinfection for various applications including water, air, and surface disinfection using a single system. This is helping facilities achieve cost savings through resource optimization. Another notable trend is the increasing adoption of UV LED technology. UV LEDs offer advantages such as energy-efficiency, compact design, durability, and flexibility of operations. This is encouraging equipment providers to increasingly integrate UV LEDs into their disinfection systems.

Porter’s Analysis

Threat of new entrants: Low capital requirements to enter the market pose a moderate threat to existing players. However established brands and need for R&D protects current players.

Bargaining power of buyers: Large buyers such as healthcare facilities can negotiate lower prices but overall bargaining power of buyers remains moderate due to vitality of UV disinfection equipment.

Bargaining power of suppliers: Established raw material suppliers and lack of substitutes ensures stable supply but moderate dependency on few suppliers limits bargaining power.

Threat of new substitutes: Alternate options for disinfection like chemicals provide low threat as UV equipment offers greener and safer solution without toxic residues.

Competitive rivalry: Intense competition among major global brands to launch innovative product varieties with focus on different applications and automation.

Geographical Regions

North America currently accounts for the largest share in the global UV disinfection equipment market due to robust healthcare infrastructure and stringent regulations regarding hygiene. Growing awareness regarding environmental protection and safety is also fueling adoption.

Asia Pacific is expected to witness the highest growth during the forecast period owing to rising healthcare expenditure, increasing prevalence of hospital acquired infections, and expansion of healthcare facilities in countries like India and China. Rising population, growth in medical tourism and focus on healthcare modernization will further augment the regional market.

Geographical Regions

Europe holds the second largest value share led by countries such as Germany, UK and Spain where healthcare standards are high. Significant research activities for application of UV technology and presence of major players also support the regional market.

RoW countries led by Brazil, South Africa, Saudi Arabia and GCC nations are identified as emerging hotspots owing to improving economic conditions, healthcare reforms and focus of global companies to tap opportunities in developing nations. Government initiatives for infrastructure up-gradation will also drive the UV disinfection equipment market in these regions over the coming years.

1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it