February 02, 2021
According to the business intelligence report titled ‘Global UV lamps Market Size study, By Component (UV Lamps, Reactor Chambers, Quartz Sleeves, Controller Units, Others (Power Supply Units, Solenoid Valves, Sensors, and Wiping Systems), By Power Rating (Low, Medium, High) By Deployment Mode (Module, Wall Mounted, Others (Cabinet and Fixed)) By Application (Water and Wastewater Disinfection, Process Water Disinfection, Air Disinfection, Surface Disinfection) By End User (Residential, Commercial, Industrial, Municipal) and Regional Forecasts 2020-2027’, available with Market Study Report LLC, global UV lamps market accounted for USD 2.6 billion in 2019 and is projected to record a healthy CAGR of 12.3% during 2020-2027.
Industry experts claim that widespread adoption across several applications including protein analysis, germicidal treatments, and other medical sterilization procedures, coupled with escalating product demand for water and air purification systems are stimulating the global UV lamps market outlook.
For the record, UV lamps refer to devices that emit ultraviolet radiations with wavelengths in the range of 100 nm and 400 nm. Moreover, ultraviolet light is roughly divided into three wavelengths, namely UV-A, UV-B, and UV-C.
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Increasing adoption for deactivating viruses, bacteria as well as RNA and DNA of various pathogens, along with technological advancements in the industry vertical such as flux density and mercury lamp replacement are propelling the global UV lamps market dynamics. On the contrary, high initial investments as well as complexities associated with the manufacturing processes are major impeding factors for the industry growth during the analysis timeframe.
Based on component, the business sphere is segmented into controller units, quartz sleeves, reactor chambers, UV lamps, and others. With regards to power rating, the market is divided into high, medium, and low.
Moving on to application spectrum, the industry vertical is bifurcated into surface disinfection, air disinfection, process water disinfection, and water & wastewater disinfection among others. The end-user terrain of global UV lamps market comprises of municipal, industrial, commercial, and residential.
Speaking of the regional analysis, North America is predicted to emerge as a lucrative growth avenue for the market during 2020-2027, on account of increasing number of residential housing projects, imposition of stringent environmental regulations, and technological advancements in the verticals of construction as well as furniture.
On the other hand, Asia-Pacific UV lamps market is slated to grow with the highest year-on-year growth rate over the stipulated period, owing to flourishing construction and furniture industries, primarily in Taiwan, China, India, and Japan.
Key players that influence the global UV lamps market trends include Atlantic Ultraviolet Corporation, OSRAM GmbH, Xenex Disinfection Services LLC, Severn Trent Water plc, Heraeus Holding GmbH, Halma plc, Koninklijke Philips N.V., Trojan Technologies Inc., Calgon Carbon Corporation, and Xylem Inc.