China Ultraviolet Disinfection Equipment Market Size & Outlook
China ultraviolet disinfection equipment market, 2018-2030 (US$M)
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China ultraviolet disinfection equipment market highlights
- The China ultraviolet disinfection equipment market generated a revenue of USD 546.7 million in 2023 and is expected to reach USD 1,024.9 million by 2030.
- The China market is expected to grow at a CAGR of 9.4% 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 546.7 million |
| Market revenue in 2030 | USD 1,024.9 million |
| Growth rate | 9.4% (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, China accounted for 14.2% 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 Asia Pacific, China ultraviolet disinfection equipment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 189.8 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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China 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 36.03% in 2023. Horizon Databook has segmented the China 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 Asian Development Bank (ADB), China was one of the few major economies globally to achieve a growth rate of 2.3% in 2020. Further, China's growth is estimated to be around 8.1% in 2021 and 5.5% in 2022.
According to the National Bureau of Statistics of China, the country's industrial production output was 14.1% higher in March 2021 than in March 2020. The ongoing resilience is expected to result in increasing investments, a robust economic recovery, growing disposable incomes, and improved private demand.
Major industries contributing to the country’s economic growth include manufacturing, construction, mining, energy, and agriculture among others. The pollution, contamination, and scarcity of water are also posing challenges for the nation.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into China ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China ultraviolet disinfection equipment market size, by component type, 2018-2030 (US$M)
China Ultraviolet Disinfection Equipment Market Outlook Share, 2023 & 2030 (US$M)
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