Italy Ultraviolet Disinfection Equipment Market Size & Outlook
Italy ultraviolet disinfection equipment market, 2018-2030 (US$M)
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Italy ultraviolet disinfection equipment market highlights
- The Italy ultraviolet disinfection equipment market generated a revenue of USD 131.0 million in 2023 and is expected to reach USD 207.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.8% 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.
Ultraviolet disinfection equipment market data book summary
| Market revenue in 2023 | USD 131.0 million |
| Market revenue in 2030 | USD 207.2 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. |
Other key industry trends
- In terms of revenue, Italy accounted for 3.4% 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 Europe, Germany ultraviolet disinfection equipment market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 207.2 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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Italy 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 36.34% in 2023. Horizon Databook has segmented the Italy 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 Eurostat, Italy represents around 12.8% of the EU’s GDP. According to the European Commission, the GDP growth in Italy is expected at around 6.1% in 2021, due to the impact of the COVID-19 pandemic.
According to the OECD, as the vaccine rollout accelerates, the economy is expected to grow by around 4.5% in 2021. Additional financial support is expected to promote growth in the second half of 2021 while preserving productive capacity.
The country's economic growth is also expected to recover gradually due to several factors including rising disposable income, high public investment, reduced social security charges and tax burdens, and tax incentives for businesses. Significant industries in Italy include machinery, construction, chemicals, tourism, automobile, and food processing.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy ultraviolet disinfection equipment market size, by component type, 2018-2030 (US$M)
Italy Ultraviolet Disinfection Equipment Market Outlook Share, 2023 & 2030 (US$M)
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