UV LAMPS MARKET ANALYSIS

Uv Lamps MarketSize and Trends

The global UV lamps market is estimated to be valued at US$ 349.2 million in 2021 and is expected to exhibit a CAGR of 11.3% over the forecast period (2021-2028).

Figure 1. Global UV Lamps Market Value (US$ Mn), by Region, 2020

Asia Pacific excluding Japan held dominant position in the global UV lamps market in 2020, accounting for 33.7%share in terms of Value, followed by North America and Western Europe, respectively.

Market Trends

Key manufacturers in the market are focused on research and development activities, in order to novel UV LED solutions for large-scale disinfection applications. Although UV LEDs are at the nascent stage, it is expected significant gain traction in small-scale treatment and disinfection of water, air, and surface during the forecast period. Local small disinfection equipment manufacturers are focusing on promoting UV LED-based disinfection products for residential applications such as water purifiers.

The demand for amalgam lamps is expected to increase during the forecast period, owing to various benefits such as reduction of lamp count, higher output, space required, and efficiency over conventional UV lamps. For instance, in 2012, Amalgam UV lamp-based disinfection systems were installed at Kuryanovskiye wastewater treatment plant, Moscow to treat wastewater and minimize the city’s environmental impact.

Figure 2. Global UV Lamps Market Share, By End-use Application, 2020

Key Takeaways of the Graph:

• The wastewater treatment segment held dominant position in the market and accounted for 31.1% share in the global UV lamps market in 2020. The segment is expected to reach US$ 201.1 million in 2028. This is owing to increasing use for wastewater treatment.
• In 2020, the UV Mercury Lamp segment accounted for the largest share of 95.5% in the global UV lamps market and is expected to be valued US$ 619.7 million by 2028, owing to increased demand of UV Mercury Lamp in the global market.