UV lamps are basic lamps that emit ultraviolet radiation with a wavelength ranging between 400 nm and 100nm. UV light is basically classified into three wavelengths: UV-A, UV-B and UV-C. This report covers UV-C, also known as germicidal UV – with wave length ranging between 100 nm to 280 nm – and its purpose is to disinfect or deactivate the DNA and RNA of bacteria, viruses and other pathogens, thus inhibiting their ability to multiply.
Future Market Insights (FMI) delivers key insights on the global UV lamps market in its latest report titled “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. Global UV lamps market revenue is projected to expand at a CAGR of 11.3% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.
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Market Value and Forecast
The global UV lamps market is anticipated to register a double-digit CAGR during the forecast period. Growth of the global UV lamps market is mainly driven by increasing industrial development and stringent government regulations. Moreover, trends in the global UV lamps market include increasing adoption of UV systems in the healthcare sector and the food and beverages industries.
Segmentation by Lamp Type
The global UV lamps market is segmented on the basis of lamp type into UV mercury lamp and UV LED. Of these segments, UV mercury lamp segment accounted for over 90% of the global UV lamp market share, followed by UV LED segment with over 4% in 2014. In addition, the UV LED segment is anticipated to expand at a double-digit CAGR from 2015 to 2025.
In addition, UV mercury lamp is further sub-segmented into low-pressure mercury lamp, medium-pressure UV lamp and amalgam mercury lamp. Of these sub-segments, amalgam mercury lamp accounted for over 40% of the total UV mercury lamp segment revenue and is anticipated to remain dominant during the forecast period. In addition, this sub-segment is expected to witness fastest growth among other sub-segments during the forecast period.
On the basis of lamp type, the market has been segmented into UV LED and UV mercury lamp, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025.
UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamp. Among these, amalgam mercury lamp dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.
On the basis of end-use application, the UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.
Water treatment segment is categorised into industrial process water treatment, water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. Municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.
Air treatment is further sub-segmented into residential and commercial, healthcare facilities, and others. Among these, residential and commercial sub-segments accounted for bulk of the revenues in 2014; FMI estimates this segment to retain its dominance throughout the forecast period.
Increasing Municipal Infrastructure Investment Driving Adoption of UV Lamps
Growth of the global UV lamps market is mainly driven by increasing municipal infrastructure investment, safety measures through regulations, increasing industrial development and price performance of UV lamps compared to other conventional treatment methods.
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Asia Pacific Excluding Japan (APEJ)was dominant in the global UV lamps market with over 30% market share in 2014, followed by North America with 24.2% market share. APEJ is projected to remain the largest market for UV lamps over the forecast period, driven by increasing municipal infrastructure investment, industrial development and cost-effective solutions offered by UV lamps when compared to the other conventional treatment methods used in the region.
Some key players identified in the global UV lamps market are
Trojan Technologies Inc., Xenex Disinfection Services LLC, Xylem Inc., OSRAM GmbH, Koninklijke Philips N.V., Heraeus Holding Gmbh, Calgon Carbon Corporation, Halma PLC, Severn Trent PLC, and Atlantic Ultraviolet Corporation.
Ultra Violet (UV) Lamps Market Key Regions
The global UV lamps market has been sub-segmented into seven major regions which include North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. APEJ dominated the market with over 30% of the overall UV lamp market share in 2014, while Eastern Europe followed with over 20% market share. In addition, APEJ is anticipated to be the fastest growing region in the UV lamp market in terms of revenue contribution.
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Major UV lamp manufacturers in the market are currently focusing on strengthening their partnerships with major UV disinfection equipment manufacturers. In addition, UV disinfection equipment manufacturers are focusing on providing a broad and customised range of UV solutions to cater to the varying and increasing customer demands.
Browse Full: “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025” Market Research Report at https://www.futuremarketinsights.com/reports/ultra-violet-lamps-market