Latin America Ultraviolet Disinfection Equipment Market Size & Outlook
Latin America ultraviolet disinfection equipment market, 2018-2030 (US$M)
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Latin America ultraviolet disinfection equipment market highlights
- The Latin America ultraviolet disinfection equipment market generated a revenue of USD 153.4 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 153.4 million |
| Market revenue in 2030 | USD 221.8 million |
| Growth rate | 5.4% (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, Latin America region accounted for 4.0% 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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Latin America 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 38.72% in 2023. Horizon Databook has segmented the Latin America 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.
The Central & South America region is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. Most Central & South American countries with large current account deficits, including Brazil, Colombia, Argentina, and Venezuela, are reeling from the volatility in the regional market brought about by the BREXIT crisis.
The fall in investor confidence is expected to prevent oil prices from recovering and this is anticipated to affect the overall exports and fiscal revenue in oil-producing economies such as Ecuador, Colombia, and Venezuela.
However, implementation of monetary policy normalization efforts by the governments of various countries in the region to align domestic inflation is expected to save the regional market from complete deterioration.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ultraviolet disinfection equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America ultraviolet disinfection equipment market size, by country, 2018-2030 (US$M)
Latin America Ultraviolet Disinfection Equipment Market Outlook Share, 2023 & 2030 (US$M)
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