Market revenue in 2023 | USD 213.0 million |
Market revenue in 2030 | USD 318.1 million |
Growth rate | 5.9% (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 35.92% in 2023. Horizon Databook has segmented the Japan 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 World Bank, the COVID-19 pandemic caused the Japanese economy to decline by 4.8% in 2020. According to the WHO, the country is still battling to combat the outbreak. As the number of cases continues to rise, Japan's government announced a state of emergency in April 2021.
The Bank of Japan forecasted 4% GDP growth in 2021-22 and 2.4% GDP growth in 2022-23. The Japanese government proposed a USD 671 billion stimulus to boost the economy in 2020, resulting in a positive economic recovery.
Japan is one of the highly developed countries in the world. Some of the key industries contributing to the country’s economy include automotive, electronics, metals, machine tools, textiles, and chemicals. However, the COVID-19 pandemic outbreak is expected to take a toll on the country’s economic growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan ultraviolet disinfection equipment market , including forecasts for subscribers. This country databook contains high-level insights into Japan ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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