Market revenue in 2023 | USD 211.3 million |
Market revenue in 2030 | USD 327.5 million |
Growth rate | 6.5% (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. |
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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 39.52% in 2023. Horizon Databook has segmented the Middle East & Africa 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 IMF, the GDP of the Middle East is projected to witness growth at a rate of 4% in 2021. Factors such as the vaccine rollout, improvement in oil pricing, and rolling out of financial stimulus packages by the governments are responsible for boosting GDP growth.
Favorable policies are anticipated to have a major role in attracting FDIs in the construction sector. The African Development Bank Group forecasted a 3.4% growth in the African economy in 2021. Infrastructure, mining, and oil & gas are some of the key sectors promoting growth of the African region.
The Middle East & Africa is characterized by several developing as well as underdeveloped countries. Some of the major countries in the region include Saudi Arabia, the UAE, Qatar, Oman, Egypt, and South Africa.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ultraviolet disinfection equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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