The UV Lamps Market is Anticipated to Witness High Growth Owing to Rising Demand for Disinfection Applications


Posted June 4, 2024 by ashwinicmi

The global UV lamps market provides ultraviolet (UV) radiation emitted by mercury-vapor lamps to sanitize surfaces and purify indoor air and water.
 
UV lamps offer significant advantages compared to alternative technologies due to factors like effectiveness against various microorganisms, minimum production of byproducts, and suitability for large-scale applications. The demand for UV lamps has grown substantially across various end-use industries like healthcare, food & beverage, water treatment, and residential & commercial to effectively disinfect surfaces and inhibit the growth of harmful microbes. The wide range of applications in purification and disinfection has fuelled adoption of UV lamps.

The global UV lamps market is estimated to be valued at US$ 853.98 Bn in 2024 and is expected to exhibit a CAGR of 9.8% over the forecast period from 2024 to 2031.

Key Takeaways

Key players operating in the UV lamps market are ACCO Brands Corp.,dnp denmark as,Draper Inc,Elite Screens Inc,Glimm Screens BV,Grandview Crystal Screen Co. Ltd.,Groupe Adeo,Harkness Screens International Ltd,Legrand SA,Pioneer Audio Visual Equipment,Pyle USA Sound Around Inc,Remaco Technologies Pte Ltd.,Screen Innovations,Seiko Epson Corp.,Severtson Screens. The major manufacturers are focusing on strategic collaborations and new product launches to reinforce their market position.

The rising demand for water and air disinfection systems across residential, commercial, and industrial applications has opened up lucrative growth opportunities for UV lamps Market Size manufacturers and suppliers. Additionally, the increasing awareness about preventing infectious diseases through effective disinfection is propelling the adoption of UV lamps.

The manufacturers are expanding their global footprint by establishing new manufacturing plants and distribution centers across Asia Pacific, Europe, North America, South America, and Middle East & Africa. They are also actively engaging in mergers & acquisitions and joint ventures to expand their international business scale and operations.

Market Drivers:
- Growing demand for disinfection applications across healthcare, food & beverage, and water treatment industries is driving the UV lamps market. UV radiation technology is highly effective in eliminating microorganisms.
- Stringent regulations regarding water treatment and air disinfection are compelling industries and institutions to adopt UV lamp-based solutions for purification. This is positively impacting the market growth.

Market Restraints:
- High initial capital investments required for UV lamp installation and short lifespan of lamps increases operational costs. This acts as a major restraint.
- Exposure to excessive UV radiation can cause harm. This limits the widespread adoption of UV technology, especially in residential settings.

Segment Analysis
UV lamps market is dominated by the UV LED segment. UV LED lamps have several advantages over conventional UV lamps such as mercury lamps and excimer lamps. UV LED lamps have longer lifespan of over 10,000 hours as compared to 1,000-2,000 hours for mercury lamps. They also do not contain mercury which is a toxic material. This eliminates the need for lamp disposal and reduces environmental footprint. UV LED lamps are more energy efficient and compact in size. They have high switching speeds which allows for faster curing. Going forward, increasing availability of UV LEDs with higher output power will further boost their adoption across curing, disinfection, and other applications. This will drive the growth of UV LED segment in the UV lamps market during the forecast period.

Global Analysis
The North America region currently dominates the UV lamps market led by the U.S., Canada, and Mexico. High demand from application industries such as printing, disinfection, and manufacturing is driving the North America market. The Asia Pacific region is expected to witness the highest growth during the forecast period. This can be attributed to rising UV lamp adoption in water and wastewater treatment plants across densely populated countries of China and India. Growth in the manufacturing sector is also propelling the APAC UV lamps market. In Europe, government regulations regarding wastewater treatment are supporting UV lamp installations. Meanwhile, countries such as Brazil and South Africa are expected to up demand in the Latin America and Middle East & Africa regions respectively.
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Last Updated June 4, 2024