According to a recent survey published by FMI, the global Ultra Violet (UV) Lamps market is expected to grow at a healthy CAGR during the forecast period between 2022 and 2032. The objective of the report is to uncover micro and macro-economic factors accelerating the sales of Ultra Violet (UV) Lamps over the coming decade.
Advent of Industry 4.0 Technology to Create New Growth Avenues for the Ultra Violet (UV) Lamps Market
The industrial sector is undergoing a change as manufacturers throughout the world place a high priority on incorporating modern automation. This is usually referred to as Industry 4.0.
With the advent of Industry 4.0, manufacturing facilities are prioritising the use of novel technologies such as artificial intelligence, smart manufacturing, internet of things (IoT), and machine learning, among others. This is projected to generate lucrative growth prospects in the Ultra Violet (UV) Lights market.
Additionally, increasing government emphasis building a better manufacturing sector and integration of augmented and virtual reality using smart equipment to enhance the output is estimated to propel the demand in the market for coming years.
Key Ultra Violet (UV) Lamps Market Takeaways and Projections
· The U.S. is estimated dominate the Ultra Violet (UV) Lamps market in North America, accounting for the largest share in the region through 2022.
· Germany is projected to account for a significant share in the Europe market over the assessment period.
· China is forecast to hold the lion’s share the East Asia market, projecting the fastest growth in the region between 2022 and 2032
· India is anticipated to emerge as a highly remunerative market in South Asia, accounting for the largest sales during the forecast period.
Report Benefits & Key Questions Answered
· Ultra Violet (UV) Lamps Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities and challenges. It studies their impact on the market over the previous assessment period 2016-2020. The report provides crucial insights to market players to capitalize on opportunities and counter challenges.
· Ultra Violet (UV) Lamps Demand-Supply Assessment: A latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Ultra Violet (UV) Lamps market. As per the survey, Ultra Violet (UV) Lamps sales will project steady growth over the forecast period.
· Ultra Violet (UV) Lamps Consumption by Demographics: The report published by FMI provides consumption by demographics analysis to assist the market players in formulating their marketing strategies on the basis of purchasing power of the customers. It examines changes in consumer behavior and also studies its effect on the demand for Ultra Violet (UV) Lamps.
· Ultra Violet (UV) Lamps Market Trend Analysis: FMI’s market trend analysis provide detailed insights into current and upcoming trends in the industrial automation industries. It also assist the industry players to identify potentials trends to capitalize on them.
Key Companies Profiled
- Xylem Inc.
- Calgon Carbon Corporation
- Trojan Technologies Inc.
- Xenex Disinfection Services LLC
- OSRAM GmbH
- Koninklijke Philips N.V.
- Severn Trent PLC
- Heraeus Holding Gmbh
- Halma PLC
- Atlantic Ultraviolet Corporation
- Ushio Inc.
- SAS VILUX
Key Segments Covered in Ultra Violet (UV) Lamps Industry Analysis
By Lamp Type:
- UV Mercury Lamp
- Low-Pressure Mercury UV Lamp
- Medium-Pressure Mercury UV Lamp
- Amalgam Mercury UV Lamp
- UV LEDs
By End-Use Application:
- Wastewater Treatment
- Water Treatment
- Municipal Water Treatment
- Residential Water Treatment
- Commercial Water Treatment
- Industrial Process Water Treatment (Pharmaceutical, Chemical, Others)
- Pool and Spa
- Others (Aquaculture and Agriculture)
- Air Treatment
- Healthcare Facilities
- Residential & Commercial
- Others (Transportation)
- Surface Disinfection
- Food & Beverages Disinfection
- Bottled Water & Other Beverages
- Marinades & Brines
- Surface Disinfection of Foods
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa (MEA)
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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