March 15, 2023 05:53 ET | Source: Research and Markets Research and Markets
Dublin, March 15, 2023 (GLOBE NEWSWIRE) -- The "Ultraviolet (UV) Disinfection: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Ultraviolet (UV) Disinfection estimated at US$4.7 Billion in the year 2022, is projected to reach a revised size of US$12.9 Billion by 2030, growing at a CAGR of 13.4% over the analysis period 2022-2030. Other Industrial Lighting
UV Lamps, one of the segments analyzed in the report, is projected to record a 14.6% CAGR and reach US$5.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Ballasts / Controller Units segment is readjusted to a revised 12.9% CAGR for the next 8-year period. The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 16.2% CAGR The Ultraviolet (UV) Disinfection market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 11.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2030. Select Competitors (Total 115 Featured) -
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
III. MARKET ANALYSIS IV. COMPETITION For more information about this report visit https://www.researchandmarkets.com/r/904fiv
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