The market for UV analyzers is predicted to grow at a rapid pace, reaching $2.4 billion by 2033, up from $1.3 billion in 2023. During the forecast period, a strong compound annual growth rate (CAGR) of 6.5% is expected to drive this significant increase. The worldwide UV analyzer market is expected to be worth US$1.2 billion in 2022, paving the way for a phenomenal 10 years of growth.
Ultraviolet Analyzer Market: Drivers and Restraints
Physical disinfection using ultraviolet analyzer is driving the ultraviolet analyzer market
The ultraviolet analyzer provides rapid, sufficient inactivation of microorganism through the physical process through a physical process. Viruses and bacteria are exposed to the germicidal wavelength of Ultraviolet light, to make them incapable of reproducing and infecting. Ultraviolet light can destroy chemical contaminants such as industrial solvents, pharmaceutical, and pesticides through UV-oxidation.
Demand for ultraviolet analyzer technology is increasing in chemical industry
UV absorption spectroscopy is used to determine the impurities in organic molecules. The contaminants are detected by measuring the absorbance at a specific wavelength. The ultraviolet analyzer determines the compounds that absorb UV radiation. The ultraviolet analyzer identifies the presence of a functional group in a compound. It is also used to study the kinetics of the reaction by passing UV radiation through the reaction cell and observing absorbance changes.
Restraints:
Lack of skilled workforce is restricting the growth of ultraviolet analyzer market
Demand of ultraviolet analyzer in different sectors is increasing, as the demand is increasing there are new developments and technological advancement in the market. The worker have to adapt themselves to new technologies which is difficult task for some employees. Due to this the worker are not ready to adapt themselves to new changes, which results in restriction in growth of the market.
Ultraviolet Analyzer Market: Competition Landscape
Some prominent players in ultraviolet analyzer market are First Light Technologies, Atlantic Ultraviolet Corporation, Calgon Carbon Corporation, Trojan Technologies, Xylem Inc., Severn Trent Plc, Evoqua Water Technologies, Aquionics, and Atlantium Technologies among others.
Ultraviolet Analyzer Market: Regional Outlook
Geographically, North America and Europe region holds prominent market share in ultraviolet analyzer market, owing to the presence of UV disinfection companies in the countries of these regions. Furthermore, Asia Pacific region is expected to grow in the ultraviolet analyzer market as the countries in this region are using UV sterilization in water and wastewater treatment. Middle East and Africa are creating lucrative opportunities for the ultraviolet analyzer market.
The ultraviolet analyzer market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on
- Ultraviolet Analyzer Market Segments
- Ultraviolet Analyzer Market Dynamics
- Ultraviolet Analyzer Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Technology
- Value Chain of the Market
- Market Drivers and Restraints
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of LATAM)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
- Eastern Europe (Russia, Poland, Rest of Eastern Europe)
- Japan
- Asia Pacific Excluding Japan (China, India, South Korea, ASEAN, Australia & New Zealand, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of MEA)
Ultraviolet Analyzer Market: Segmentation
Ultraviolet Analyzer Market segmentation on basis of application:
- Water treatment
- Air treatment
- Food & Beverage Disinfection
- Others
Ultraviolet Analyzer Market segmentation on basis of vertical:
- Oil & gas
- Healthcare
- Food & Beverages
- Chemical
- Agriculture
- Others
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