Market revenue in 2023 | USD 1,240.3 million |
Market revenue in 2030 | USD 1,972.7 million |
Growth rate | 6.9% (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 37.86% in 2023. Horizon Databook has segmented the North 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.
North America is the largest and most influential economy globally and it witnesses significant growth owing to the industrial dynamics and commodity abundance in its countries. The region includes the U.S., Mexico, and Canada with substantial and complex economic systems.
Increasing investments in the chemical, pharmaceutical, food & beverage, and automotive sectors of the U.S. and Canada are expected to play a crucial role in triggering the demand for wastewater treatment, and consequently UV disinfection equipment for the same over the forecast period.
The region is characterized by the presence of major market participants with strong distribution channels. Rising spending capability of consumers and the growing emphasis on water treatment in the region are expected to drive the demand for UV water treatment systems in the market during the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America ultraviolet disinfection equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America ultraviolet disinfection equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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