UV Disinfection Equipment Market Analysis Report 2023 to 2030
UV Disinfection Equipment Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 5.08 Billion |
Market Size by 2030 | US$ 14.18 Billion |
Global CAGR (2022 - 2030) | 13.7% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
UV Disinfection Equipment Market Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the UV disinfection equipment market. A few recent key market developments are listed below.
- In 2023, Xylem Inc acquired Evoqua Water Technologies Corp in an all-stock transaction valued at approximately US$ 7.5 billion. The combination creates the world’s most advanced platform of capabilities to address critical water challenges faced by customers and communities.
- In 2019, Xylem launched a new UV disinfection system as a solution for aquaculture farms in salt water and other harsh water conditions. The new Wedeco Action PE ultraviolet (UV) disinfection system unveiled at the Aqua Nor 2019 conference is designed for more than 99.99% disinfection rates.
- In 2019, Atlantic Ultraviolet Corporation (AUV) launched an application-specific page on Ultraviolet.com for individuals who experience Boil Water Alerts. This page is the fourth installment in a series of new application-specific pages on Ultraviolet.com that provides information about using UV-C for chemical-free disinfection in specific applications.
- In 2018, Kuraray Co., Ltd. completed the acquisition of Calgon Carbon Corporation. Calgon Carbon would be reported as part of the Functional Materials Company of Kuraray, along with Kuraray’s Carbon Material Business Division. The Functional Materials Company includes the Methacrylate Division and Medical Division.