Technavio Announces the Publication of its Research Report Global Ultraviolet Disinfection Equipment Market 2016-2020
Technavio recognizes the following companies as the key players in the global ultraviolet disinfection equipment market: Aquionics, Atlantic Ultraviolet, GE Lighting, Philips Lighting, and Trojan Technologies.
Other prominent vendors in the market are: American Ultraviolet, Atlantium Technologies, Calgon Carbon Corporation, Enaqua, Evoqua Water Technologies, Xenex Disinfection Services, and Xylem.
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Commenting on the report, an analyst from Technavios team said: One of latest trends in the market is onset of LED technology in ultraviolet lighting systems. If we consider the technology employed in the operation of the ultraviolet disinfection equipment, ultraviolet light emitting bulbs are an important component. The entire operation can be considered useless without these bulbs. However, the reliability of the bulbs that have been conventionally used in these systems has been a serious issue. The replacement of these lighting systems has been considered as the Achilles heel for ultraviolet disinfection systems. However, the emergence of the utilization of light-emitting diode (LED) bulbs in these lighting systems has caused significant changes to reliability issues of the ultraviolet disinfection systems.
According to the report, one of the primary drivers in the market is increased need for drinking water due to booming population. Rapid multiplication of the global population is one of the most important trends that have emerged over the past century. As on 2016, the global population was pegged at 7.4 billion, which is a significant number, considering the fact that in 1800, less than a billion people inhabited the earth. The main area of concern for the global economy is the growth rate of this booming population. Between the years 1950 and 2000, the global population doubled more than from 2.5 billion to almost 5.2 billion. As countries experience a boom in its citizen population, the need for the basic infrastructure needed to sustain life.
Further, the report states that one major challenge in the market is intense competition between local and global vendors. The emergence of low-cost equipment vendors in APAC has seriously affected the growth of the global ultraviolet disinfection equipment market. The operation models of these low-cost vendors try to enhance their market presence globally by offering low-cost products. This factor adversely affects growth and sales potential of domestic vendors. Notably, domestic vendors are forced to reduce the price of their products to remain competitive in the business environment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Ultraviolet Disinfection Equipment
Ultraviolet irradiation provides effective and rapid inactivation of micro-organisms. The reproduction process and lifecycle of bacteria, viruses, and protozoa can be altered by exposure to germicidal wavelengths of ultraviolet light. Ultraviolet rays from the sun have always played significant roles in the earth’s atmosphere. The ultraviolet spectrum is higher in frequency than visible light and lower than X-rays. As a water treatment procedure, ultraviolet light remains an effective disinfectant due to its strong germicidal ability.
Technavios analysts forecast the global ultraviolet disinfection equipment market to grow at a CAGR of 15.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ultraviolet disinfection equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the ultraviolet disinfection equipment vendors.
The market is divided into the following segments based on geography:
Technavio’s report, Global Ultraviolet Disinfection Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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