The report "UV Disinfection Market by Component (UV Lamp, Quartz Sleeve, Reactor Chamber, Controller Unit), Application (Water and Wastewater, Process Water, Air, and Surface), End User (Residential, Commercial, Industrial), and Geography - Global Forecast to 2023", The UV disinfection market was valued at USD 1.98 Billion in 2017 and is expected to reach USD 4.27 Billion by 2023, at a CAGR of 13.67% between 2017 and 2023.
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=217291665 Water and Wastewater expected to lead the UV disinfection marketThe increasing need for safe drinking water and wastewater treatment in the industrial segment is the major reason for the growth of the UV disinfection market for the water and wastewater application.
Stringent government regulations in countries such as the US, the UK, Germany, Singapore, and India toward proper disposal of wastewater from industries is also driving the growth of the UV disinfection market for the water and wastewater application across the world.
However, the increasing need for safe drinking water and proper disposal of toxic chemicals in water bodies is compelling municipal utilities to switch to a less time-consuming and effective method for disinfection.
North America held the largest share of the UV disinfection market in 2016 North America held the largest share of the market in 2016.
Some of these companies include Xylem (US), Trojan Technologies (Canada), Halma (UK), Calgon (US), and Atlantic Ultra Violet (US).