Market revenue in 2023 | USD 1,133.7 million |
Market revenue in 2030 | USD 1,982.3 million |
Growth rate | 8.3% (CAGR from 2023 to 2030) |
Largest segment | Uv lamps |
Fastest growing segment | UV Lamps |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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. |
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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 36.53% in 2023. Horizon Databook has segmented the Asia Pacific 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.
The Asia Pacific is characterized by several developing countries, such as China, India, Thailand, and Indonesia, and developed countries such as Japan and Australia. Rapid industrialization and urbanization and improving public infrastructure, including healthcare, transportation, and sports facilities in countries, such as China, India, and South Korea, are expected to have a positive impact on the market growth over the forecast period.
Water pollution is one of the major environmental challenges in the Asia Pacific region. The release of industrial effluent, untreated municipal sewage, and poor agricultural practices are major factors responsible for polluting the rivers and other water bodies.
Moreover, limited coverage of sewerage networks and wastewater treatment plants is further expected to worsen the region's water pollution. Thus, rising water pollution is expected to drive the demand for water treatment systems, which is, in turn, likely to have a positive impact on the ultraviolet disinfection equipment demand and market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific ultraviolet disinfection equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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