
Published On: Jan 2024
Published On: Jan 2024
At 8.3% CAGR, the South & Central America UV Disinfection Equipment Market is Projected to be Worth US$ 495.51 million by 2030, says The Business Market Insights
According to the Business Market Insights’ research, the South & Central America UV disinfection equipment market was valued at US$ 260.99 million in 2022 and is expected to reach US$ 495.51 million by 2030, registering a CAGR of 8.3% from 2022 to 2030. Rise in use in healthcare facilities and growing demand for ultrapure water are among the critical factors attributed to the South & Central America UV disinfection equipment market expansion.
The need for environmentally friendly technologies has encouraged research in chemical-free techniques to disinfect the water, which has propelled the adoption of UV disinfection systems in recent years. The UV-based water disinfection technique can also remove compounds imparting taste and odor from drinking water or wastewater-derived contaminants (in water reuse applications). Market players are launching UV disinfection solutions that reduce energy consumption with additional features.
Germs and viruses lose their ability to infect when subjected to germicidal UV light frequencies. UVC radiation has been shown to destroy multiple pathogens, including SARS-CoV-2. The novel coronavirus cannot be killed by conventional cleaning methods or chemical disinfection. UV disinfection equipment employs a very low dosage of UV light and takes much less time to neutralize a pathogen. The equipment has been deployed in schools, clinics, airports, and train stations to minimize SARS-CoV-2 transmission. Hospitals are also disinfected using UV-lamp-equipped robots. Therefore, the development of technologically advanced UV disinfection equipment is expected to bring new trends to the market during 2022–2030.
The demand for ultrapure products is rising in the pharmaceutical, food & beverages, and semiconductor sectors where UV disinfection equipment are used to disinfect water which further contributes to the demand for UV disinfectant solutions in South & Central America.
On the contrary, high cost of UV disinfection equipment compared to conventional systems hurdles the growth of South & Central America UV disinfection equipment market.
Based on component, the South & Central America UV disinfection equipment market is segmented into UV lamps, reactor chambers, quartz sleeves, control units, and others. The UV lamps segment held 39.6% share of South & Central America UV disinfection equipment market in 2022, amassing US$ 103.26 million. It is projected to garner US$ 193.13 million by 2030 to expand at 8.1% CAGR during 2022–2030.
Based on power rating, the South & Central America UV disinfection equipment market is segmented into low, medium, and high. The medium segment held 50.9% share of South & Central America UV disinfection equipment market in 2022, amassing US$ 132.78 million. It is projected to garner US$ 255.48 million by 2030 to expand at 8.5% CAGR during 2022–2030.
Based on application, the South & Central America UV disinfection equipment market is segmented water disinfection, air disinfection, and surface disinfection. The water disinfection segment held 46.1% share of South & Central America UV disinfection equipment market in 2022, amassing US$ 120.35 million. It is projected to garner US$ 216.48 million by 2030 to expand at 7.6 % CAGR during 2022–2030. The water disinfection segment is further subsegmented into wastewater treatment plants market and aquaculture market.
Based on end users, the South & Central America UV disinfection equipment market is segmented into residential, commercial, industrial, and municipal. The municipal segment held 40.8% share of South & Central America UV disinfection equipment market in 2022, amassing US$ 106.36 million. It is projected to garner US$ 207.43 million by 2030 to expand at 8.7 % CAGR during 2022–2030.
Based on country, the South & Central America UV disinfection equipment market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 53.5% share of South & Central America UV disinfection equipment market in 2022. It was assessed at US$ 139.63 million in 2022 and is likely to hit US$ 269.06 million by 2030, exhibiting a CAGR of 8.5% during 2022–2030.
Key players operating in the South & Central America UV disinfection equipment market are Xylem Inc, Halma plc, Kuraray Co Ltd, and Dr. Hönle AG, among others.
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