Market revenue in 2023 | USD 98.5 million |
Market revenue in 2030 | USD 189.8 million |
Growth rate | 9.8% (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 35.63% in 2023. Horizon Databook has segmented the India 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 ADB, India's GDP decreased by 8% in 2020 due to the severe impact of the pandemic. As per the United Nations, India's GDP is expected to increase by 7.5% in 2021. As the nation continues to carry out its immunization program amid the lockdown, India is anticipated to reach pre-pandemic levels by 2022-2023, signifying a slight recovery for the economy.
Major industries contributing to the country’s economic development include textiles, iron & steel, sugar, jute, paper, cement, automobile, petrochemical, and information technology. However, the outbreak of the COVID-19 pandemic in the country is expected to impact its economic growth severely.
Rapid industrialization and population and economic growth have contributed to the demand for more reliable supplies of municipal and industrial water owing to which India is considered as one of the most important markets for ultraviolet disinfection equipment.
Horizon Databook provides a detailed overview of country-level data and insights on the India ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into India ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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