Europe UV Disinfection Equipment Market
Ultrapure water contains only H2O molecules, and hydrogen and hydroxyl (H+ and OH–) ions in equilibrium; it is processed to meet rigorous requirements and eliminate the ions other than the abovementioned ones. UV disinfection systems are used to decrease total organic carbon (TOC) levels, eliminate chlorine/chloramine, and ozone, and lower microbial load of water. UV-based disinfection systems are preferred for obtaining ultrapure water due to their efficiency, dependability, and short operating time. Ultrapure water has important applications in pharmaceuticals, solar photovoltaics, semiconductor device fabrication, and power generation industries. It is used to generate steam to drive steam turbines in the power industry.
Ultrapure water is used as a cleaning agent in pharmaceutical facilities and as an ingredient in products that require water free of microbes, endotoxins, and viruses. Research and development spending has enormously increased across the world. The growing number of research and testing facilities in the pharmaceutical and biotechnology industries is contributing to the demand for laboratory analysis techniques and equipment, such as reagents, chromatography instruments, and other consumables. The use of ultrapure water to verify results in research and development facilities fuels the UV disinfection equipment market.
Ultrapure water is used as a cleaning agent in semiconductor plants to prevent microchip failures. According to Semiconductor Industry Association (SIA), the global semiconductor industry sales increased by 0.3% in April 2023 compared to March 2023. Therefore, the demand for ultrapure water rises with the progress of the semiconductor industry. Thus, an upsurge in the demand for ultrapure water in different industries favors the growth of the UV disinfection equipment market.
The Europe UV disinfection equipment market is segmented into Germany, Italy, France, the UK, Russia, and the Rest of Europe. The increasing disposable income propels residential construction activities. European countries are experiencing high growth in their construction sector, and governments of various countries are taking initiatives to support their construction industry, especially infrastructural development in the residential sector. For instance, the Italian government has invested in strengthening its public and private infrastructural development.
The government announced schemes such as First Home Guarantee, which accelerated residential construction growth. According to International Trade Administration in November 2022, the total investments in construction were around US$ 167.48 billion (EUR 147.9 billion) in 2021, a rise of 16.4% in 2021 compared to 2020, as per the report by National Association of Building Contractors (ANCE). In addition, the investment in new housing construction increased by 12%, and investments in nonresidential building construction rose by 11.6% in 2021 compared to 2020. In Spain, the government provided subsidiaries and grants to renovate and construct houses for rent. According to U.S. News & World Report L.P. in August 2022, the Spanish government approved US$ 1.89 billion (EUR 1.9 billion) for the housing renovation in Spain. Also, according to GOV.UK in September 2021, under the National Infrastructure and Construction Pipeline 2017, around US$ 766 billion (EUR 650 billion) will be invested in infrastructure development across the UK in the next 10 years. Thus, the increasing investments in infrastructural developments further generate the need for disinfection solutions to promote the safety and security of people. In addition, the need to treat the wastewater from the construction sites will fuel the demand for disinfection solutions, which propels the UV disinfectant equipment market growth in Europe.
Further, UV disinfectant equipment market players such as Halma Plc, Dr. Honle AG, and others are constantly providing solutions to treat water and wastewater across Europe. According to Europe Environment Agency (EEA) in February 2023, the share of urban collection and treatment of wastewater in line with EU standards is growing across the region. The rising solutions by the market players to treat wastewater fuel the UV disinfectant equipment market in Europe.
The Europe UV disinfection equipment market is segmented into component, power rating, application, end user, and country.
Based on component, the Europe UV disinfection equipment market is segmented into UV lamps, reactor chambers, quartz sleeves, control units, and others. The UV lamps segment registered the largest Europe UV disinfection equipment market share in 2022.
Based on power rating, the Europe UV disinfection equipment market is segmented into low, medium, and high. The medium segment registered the largest Europe UV disinfection equipment market share in 2022.
Based on application, the Europe UV disinfection equipment market is segmented water disinfection, air disinfection, and surface disinfection. The water disinfection segment registered the largest Europe UV disinfection equipment market share in 2022. The water disinfection segment is further subsegmented into wastewater treatment plants market and aquaculture market.
Based on end users, the Europe UV disinfection equipment market is segmented into residential, commercial, industrial, and municipal. The municipal segment registered the largest Europe UV disinfection equipment market share in 2022.
Based on country, the Europe UV disinfection equipment market has been categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe UV disinfection equipment market in 2022.
Xylem Inc, Halma plc, Kuraray Co Ltd, and Dr. Hönle AG are some of the leading companies operating in the UV disinfection equipment market in the region.
Strategic insights for the Europe UV Disinfection Equipment provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,421.42 Million |
| Market Size by 2030 | US$ 4,056.16 Million |
| Global CAGR (2022 - 2030) | 14.0% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe UV Disinfection Equipment refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe UV Disinfection Equipment Market is valued at US$ 1,421.42 Million in 2022, it is projected to reach US$ 4,056.16 Million by 2030.
As per our report Europe UV Disinfection Equipment Market, the market size is valued at US$ 1,421.42 Million in 2022, projecting it to reach US$ 4,056.16 Million by 2030. This translates to a CAGR of approximately 14.0% during the forecast period.
The Europe UV Disinfection Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe UV Disinfection Equipment Market report:
The Europe UV Disinfection Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe UV Disinfection Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe UV Disinfection Equipment Market value chain can benefit from the information contained in a comprehensive market report.
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