Market revenue in 2023 | USD 69.1 million |
Market revenue in 2030 | USD 109.2 million |
Growth rate | 6.8% (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. |
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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 38.21% in 2023. Horizon Databook has segmented the Australia 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.
According to the International Monetary Fund (IMF), the real GDP of Australia witnessed a growth of 2.9% in 2017-18. This growth can be attributed to the strategic location of the country in Asia Pacific coupled with a strong portfolio of multinational companies from various industries in the country.
With IMF upgrading Australia's economic outlook from 3.5% to 4.5% in April 2021, the country is estimated to make an economic rebound post-pandemic. Infrastructure expenditure is likely to gain from increased investments by the Commonwealth and State governments.
According to the Reserve Bank of Australia, key sectors contributing to the Australian economy include health & education, mining, finance, construction, and manufacturing. Stringent discharge regulations and water conservation strategies along with increase in mining activities in the country are expected to drive the demand for water & wastewater treatment and positively impact the ultraviolet disinfection equipment market over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into Australia ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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