Argentina Ultraviolet Disinfection Equipment Market Size & Outlook
Argentina ultraviolet disinfection equipment market, 2018-2030 (US$M)
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Argentina ultraviolet disinfection equipment market highlights
- The Argentina ultraviolet disinfection equipment market generated a revenue of USD 37.1 million in 2023 and is expected to reach USD 54.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, uv lamps was the largest revenue generating component type in 2023.
- UV Lamps is the most lucrative component type segment registering the fastest growth during the forecast period.
Ultraviolet disinfection equipment market data book summary
| Market revenue in 2023 | USD 37.1 million |
| Market revenue in 2030 | USD 54.0 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Uv lamps |
| Fastest growing segment | UV Lamps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | UV Lamps, Ballasts/Controller Units, Quartz Sleeves, Reactor Chambers, Other Component Type |
| Key market players worldwide | Xylem Inc, Halma PLC, Kuraray Co Ltd, Dr Hoenle AG, Trojan Technologies, Atlantic Ultraviolet, Evoqua Water Technologies, Advanced UV, Inc, American Ultraviolet, Atlantium, Lumalier, Xenex, Grundfos, Hitech Ultraviolet Pvt. Ltd. |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global ultraviolet disinfection equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ultraviolet disinfection equipment market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 83.4 million by 2030.
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Ultraviolet Disinfection Equipment Market Scope
Ultraviolet Disinfection Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina ultraviolet disinfection equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ultraviolet disinfection equipment market will help companies and investors design strategic landscapes.
Uv lamps was the largest segment with a revenue share of 38.81% in 2023. Horizon Databook has segmented the Argentina ultraviolet disinfection equipment market based on uv lamps, ballasts/controller units, quartz sleeves, reactor chambers, other component type covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina was already in economic turmoil before the COVID-19 pandemic. The uncertainty pertaining to the restructuring of public debt was high, whereas the economy was already in recession. According to the IMF, the economy contracted by 2.2% in 2019.
As per OECD estimates, Argentina is expected to grow at 3.7% in 2021. However, the country reported a GDP contraction of 9.9% in 2020 due to the COVID-19 pandemic, as per the data provided by the World Bank. Economic aid and stand-by loans from the IMF and the restructuring of debt are expected to improve the economic profile of the country in the coming years.
Argentina is the second-largest economy in Central & South America after Brazil, wherein the major contributors to the country's GDP include agriculture, construction, automotive, and mining industries. Increasing focus on improving the water & wastewater treatment infrastructure in the country is expected to drive the demand for ultraviolet disinfection equipment over the forecast period.
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Our clientele includes a mix of ultraviolet disinfection equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina ultraviolet disinfection equipment market size, by component type, 2018-2030 (US$M)
Argentina Ultraviolet Disinfection Equipment Market Outlook Share, 2023 & 2030 (US$M)
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