Europe Ultraviolet Disinfection Equipment Market Size & Outlook
Europe ultraviolet disinfection equipment market, 2018-2030 (US$M)
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Europe ultraviolet disinfection equipment market highlights
- The Europe ultraviolet disinfection equipment market generated a revenue of USD 1,118.5 million in 2023.
- The market is expected to grow at a CAGR of 5.8% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,118.5 million |
| Market revenue in 2030 | USD 1,663.6 million |
| Growth rate | 5.8% (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. |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.0% of the global ultraviolet disinfection equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,982.3 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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Europe 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 36.65% in 2023. Horizon Databook has segmented the Europe 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.
Europe is home to some of the most industrialized economies in the world. The region has seen relative stability in terms of annual growth rate. According to the European Commission, in 2020, the European economy was hit hard in the first quarter of 2020 on account of the COVID-19 pandemic, however, it rebounded significantly as containment measures were slowly eased.
According to IMF, with the outbreak of COVID-19 throughout Europe, the economic recovery is expected to be sluggish. On the other hand, swift vaccination drive and improved private spending, Europe's GDP growth is expected to rebound by 4.5% in 2021, according to the IMF.
The European region is characterized by the presence of major global economies such as Germany, the UK, France, Spain, Italy, and Russia among others. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the region’s economic growth.
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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 continent-level data and insights on the Europe ultraviolet disinfection equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe ultraviolet disinfection equipment market size, by country, 2018-2030 (US$M)
Europe Ultraviolet Disinfection Equipment Market Outlook Share, 2023 & 2030 (US$M)
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