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LED UV Lamps Is Fastest Growing Segment Fueling The Growth Of UV Lamps Market

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Lucy Kart
LED UV Lamps Is Fastest Growing Segment Fueling The Growth Of UV Lamps Market

The global Uv Lamps Market is estimated to be valued at US$ 741.3 Mn in 2023 and is expected to exhibit a CAGR of 45.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:

UV lamps are used for disinfection of water and air. They help kill or inactivate microorganisms by destroying their nucleic acids and disrupting their DNA, leaving them incapable of reproducing. UV lamps have widely replaced traditional methods of disinfection owing to their effectiveness and energy efficiency.


Market key trends:

One of the key trends in the UV lamps market is the rising adoption of LED UV lamps. LED UV lamps offer various advantages over traditional UV lamps such as mercury vapour lamps including longer lifespan of over 10,000 hours, mercury-free operation, more energy efficient with power consumption as low as 8-10 Watts, compact size enabling its use in confined spaces, instant on/off and lower operating temperature. Their longer lifespan reduces maintenance and replacement costs. Further, they provide directional UV output enabling targeted disinfection. Owing to these advantages, LED UV lamps are increasingly being utilized across various end-use industries like healthcare, commercial spaces and water and waster treatment plants for effective disinfection. This is expected to drive the growth of LED UV lamps segment in the overall UV lamps market during the forecast period.

Segment Analysis

The global UV lamps market is segmented by lamp type, end user, wattage, and region. Based on lamp type, the low pressure segment dominated the market in 2022 and accounted for around 35% share of the global market. Low pressure lamps are commonly used in applications such as water treatment and sterilization as they effectively kill microorganisms.


Key Takeaways

Global UV Lamps Market Demand is expected to witness high growth, exhibiting a CAGR of 45% over the forecast period, due to increasing demand for UV disinfection equipment from healthcare sector amid COVID-19 pandemic.


Regional analysis

North America dominated the global UV lamps market in 2022 and accounted for over 30% share. This is attributed to increasing investments by utilities in water and wastewater treatment facilities. The Asia Pacific region is expected to witness the fastest growth during the forecast period driven by rising infrastructure development in countries such as China and India.


Key players

Key players operating in the Uv Lamps market are Xylem Inc., Atlantic Ultraviolet Corporation, Calgon Carbon Corporation, Halma PLC, Trojan Technologies Inc., Heraeus Holding Gmbh, Xenex Disinfection Services LLC, Severn Trent PLC, OSRAM Gmbh, and Koninklijke Philips N.V.


Get More Insights on this Topic- https://www.marketwebjournal.com/uv-lamps-market-value-insights-and-overview/

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