The global market for Ultraviolet Germicidal Irradiation (UVGI) is estimated at US$583.8 Million in 2023 and is projected to reach US$1.2 Billion by 2030, growing at a CAGR of 11.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the ultraviolet germicidal irradiation market is driven by several factors. The rising incidence of hospital-acquired infections and the ongoing need to maintain sterile environments in healthcare settings are propelling the adoption of UVGI systems. Increasing awareness of air quality and the need to mitigate airborne diseases have led to the integration of UVGI in HVAC systems and air purifiers, particularly in densely populated and high-traffic areas. Stringent regulations and standards for water quality are boosting the demand for UVGI in water treatment applications. Additionally, advancements in UV-C lamp technologies, such as the development of more durable and energy-efficient lamps, are enhancing the effectiveness and affordability of UVGI systems. The growing emphasis on sustainability and reducing the use of chemical disinfectants further supports the market`s expansion, as UVGI offers an environmentally friendly alternative for disinfection needs across various industries.
The growth in the ultraviolet germicidal irradiation market is driven by several factors. The rising incidence of hospital-acquired infections and the ongoing need to maintain sterile environments in healthcare settings are propelling the adoption of UVGI systems. Increasing awareness of air quality and the need to mitigate airborne diseases have led to the integration of UVGI in HVAC systems and air purifiers, particularly in densely populated and high-traffic areas. Stringent regulations and standards for water quality are boosting the demand for UVGI in water treatment applications. Additionally, advancements in UV-C lamp technologies, such as the development of more durable and energy-efficient lamps, are enhancing the effectiveness and affordability of UVGI systems. The growing emphasis on sustainability and reducing the use of chemical disinfectants further supports the market`s expansion, as UVGI offers an environmentally friendly alternative for disinfection needs across various industries.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Air Disinfectant segment, which is expected to reach US$1.1 Billion by 2030 with a CAGR of a 11.6%. The Surface Disinfectant segment is also set to grow at 9.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $166.5 Million in 2023, and China, forecasted to grow at an impressive 13.6% CAGR to reach $127.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Ultraviolet Germicidal Irradiation (UVGI) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Ultraviolet Germicidal Irradiation (UVGI) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Ultraviolet Germicidal Irradiation (UVGI) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as General Electric Company, Atlantic Ultraviolet Corporation, Light Sources, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 44 Featured):
- General Electric Company
- Atlantic Ultraviolet Corporation
- Light Sources, Inc.
- MISCO Products Corporation
- Steril-Aire, Inc.
- Creative Oz-Air (I) Pvt., Ltd.
- Digital Light Lab
- Ensavior Technologies Pvt., Ltd.
- ProMinent GmbH
- Spectronics Corporation
- Trojan Technologies
- Advanced UV, Inc.
- R.P. Fedder Industrial, LLC
- BooCax
- Magneto CleanTech
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- General Electric Company
- Atlantic Ultraviolet Corporation
- Light Sources, Inc.
- MISCO Products Corporation
- Steril-Aire, Inc.
- Creative Oz-Air (I) Pvt., Ltd.
- Digital Light Lab
- Ensavior Technologies Pvt., Ltd.
- ProMinent GmbH
- Spectronics Corporation
- Trojan Technologies
- Advanced UV, Inc.
- R.P. Fedder Industrial, LLC
- BooCax
- Magneto CleanTech
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 209 |
Published | September 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 583.8 Million |
Forecasted Market Value ( USD | $ 1200 Million |
Compound Annual Growth Rate | 11.3% |
Regions Covered | Global |