Ultra Violet (UV) Lamps Market Value to Cross US$ 1,139.2 million by 2033 | Report by Future Market Insights

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Increasing USA investments in pharmaceuticals, chemicals, food, and water sectors drive UV disinfection demand, notably for UV lamps in wastewater treatment.

NEWARK, DELAWARE, UNITED STATES OF AMERICA, November 15, 2023 /EINPresswire.com/ -- In 2022, the global ultraviolet (UV) lamps market was approximately valued at US$ 388.7 million. It is anticipated to experience a compound annual growth rate (CAGR) of 11.4% from 2023 to 2033, reaching a projected value of US$ 1,139.2 million by 2033. Currently, ultraviolet (UV) mercury lamps constitute over 67.3% of the overall share in the global UV lamps market.

The market has grown significantly as a result of the rising usage of ultraviolet (UV) lights in numerous sectors such as healthcare, water treatment, food and beverage, and electronics. Moreover, besides the use of these lights in a variety of ways, UV lights have attracted attention for their efficiency in cleaning surfaces, the environment, and water.

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The popularity of ultra violet lamps rose remarkably particularly in the aftermath of the global health crisis of 2020 and 2021 and the expanding emphasis on hygiene and safety thereafter. So, the need for ultraviolet lamps is anticipated to increase as businesses place a high priority on sustainability, cleanliness, and safety in the future.

Key Takeaways from the Global Ultra Violet (UV) Lamps Market Study Report

The use of ultraviolet lamps is high in the United States and the regional market generated a global revenue share of 20.8% in 2022.

Germany is the leading manufacturer of UV lamps in Europe and it acquired a global market share of nearly 7.2% in 2022.

The demand for ultra violet (UV) lamps in the United Kingdom is projected to expand at an annual rate of 11.5% from 2023 to 2033.

China and India are the two remarkably growing markets in sales of ultra violet (UV) lamps. Over the next ten years, these two regional markets are predicted to follow 13.5% and 14.2% CAGRs respectively through 2033.

UV mercury lamps, which account for more than 67.3% of the market share, are the most popular form of UV lamp. Meanwhile, UV LED lights, which offer increased energy efficiency, durability, and environmental advantages are getting popular significantly these days.

Competitive Landscape for the Ultra Violet (UV) Lamps Market Players

Leading manufacturers of ultraviolet (UV) lights have been expanding their commercial activities to fulfill the growing demand. Further, the development of sophisticated UV lamp technologies is another area of interest for manufacturers.

Some prominent players have been spending money on research and development projects to improve light efficiency, lengthen product lifespan, and add novel features. Additionally, to serve a large client base and guarantee timely supply, businesses are growing their production capacity and distribution networks in new regions.

Key Companies Profiled

Xylem Inc.
Calgon Carbon Corporation
Trojan Technologies Inc.
Xenex Disinfection Services LLC
OSRAM GmbH
Koninklijke Philips N.V.
Severn Trent PLC
Heraeus Holding Gmbh
Halma PLC
Atlantic Ultraviolet Corporation
Ushio Inc.
SAS VILUX

Recent Developments by the Ultra Violet (UV) Lamps Manufacturing Industries

UV lamp manufacturers have been aggressive in growing their company presence in response to the rising demand and market prospects. For instance, the Wedeco iDuron, a new UV disinfection system was introduced by Xylem Inc. in India in 2022.

Market players are also partnering up with leading companies in the sector, investing in new manufacturing facilities, and cooperating with them. For instance, to introduce UV disinfection technology to the household market, Trojan Technologies teamed up with Aquasana in 2022.

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Key Segments Covered in Ultra Violet (UV) Lamps Industry Analysis

By Lamp Type:

UV Mercury Lamps
Low-Pressure Mercury UV Lamp
Medium-Pressure Mercury UV Lamp
Amalgam Mercury UV Lamp
UV LEDs

By End Use Application:

Wastewater Treatment
Water Treatment
Municipal Water Treatment
Commercial Water Treatment
Industrial Process Water Treatment (Pharmaceutical, Chemical, Others)
Pool and Spa
Others (Aquaculture and Agriculture)
Air Treatment
Healthcare Facilities
Residential & Commercial
Others (Transportation)
Surface Disinfection
Food & Beverages Disinfection
Bottled Water & Other Beverages
Marinades & Brines
Surface Disinfection of Foods

By Region:

North America Market
Latin America Market
Europe Market
East Asia Market
South Asia & Pacific Market
The Middle East & Africa (MEA) Market

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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