The UV disinfectant equipment market has matured over past few years. Sector is now regulated and dominated by big water companies.
Over the past six years UV disinfectant equipment market has been observing rapid growth. Development of advanced technologies over the years sets a perfect example of a sector that is investing constantly to serve the market demands. In this sector need for cost -effective and eco-friendly disinfectant technology has resulted in an intense competition between prominent vendors. Rising adoption rate mainly in the water plants proves that it is no longer a developing industry but is now a technology can be used in routine operations by engineers to protect human health. Thus key market players are favouring continuous change and discovering new applications.
Maturity in UV Disinfectant Equipment Market Fosters Innovation
Virtually all prominent innovators and entrepreneurs in the sectors have been taken over by big giants. Some of these multi -product and economically matured companies investing generously are Siemens, Halma and Danaher. This has introduced a greater level of stability. This has also lead to the creation of high quality product offerings and has improved delivery. In addition, newly acquired start-ups are working hard to justify the investments made by the big giants. Standard acceptance of UV especially in countries like United States to treat drinking water signals a dramatic shift in the adoption rate of the technology. Furthermore, with regulatory standards required for validating a new reactor in place, the industry would soon be seen generating huge profits.
UV Disinfectant Equipment Market Growth Fuelled by Technology
Application of computational fluid dynamic modelling is said to have enhanced manufacturers’ competency to zero in on the level of treatment needed for unique waters - with confidence. This they perform with their proprietary devices. In addition, the conventional UV technology is also improving. Industry experts believe that the medium pressure lamps are here to stay. They further add that these lamps are seeing growth mainly in the energy efficiency space. Another technology known as the new UV light source including the LEDs is the technology of the future. Besides exhibiting superior power capabilities, attributes like long lamp life and its point – source nature has increased its demand and market value. Next in the list is yet another technology that uses microwaves in order to energize a lamp but without using electrodes. Over the past few years the demand for ultra violet sensor technology has improved tremendously. Today, they come with stable, efficient as well as germicidally accurate sensors. Besides this, a highly regulated calibration standard has further kept their future bright.
Eyeing the major breakthrough in the industry, Allied Market Research has published a report titled “World UV Disinfection Equipment Market - Opportunities and Forecasts, 2013 – 2020.” Study on World UV Disinfection Equipment Market enables business owners understand the statistics associated with growth rate, market share and size, supply, demand , drivers and trends . The research outlines the future trends that will empower the stakeholders to make smarter decisions.